HDFC started downgrading accounts?

[devsfinance]

Hello Everyone,

I had opened a salary account after taking advice from forum. So got a 0 balance account salary account, I asked them to upgrade account to get better CC offers.

They had upgraded my account to Imperia. Recently I received mails for maintaining balance in my account.




Seems like they have also started actively downgrading accounts.

Any suggestions how can stop the downgrade? Or is it worth trying for Imperia status?

 

[Vasuki]

Bapuji OP ..

Merpe to classic hi hai🤣
Phle family banking ka pta nhi tha jab mne upgrade krwaya☠️

Aap rakho axis Burgundy private

 

[varun__goel_]

Aap rakho axis Burgundy private

Axis m 0 rkhta hu m🤣

 

[Vasuki]

Axis m 0 rkhta hu m🤣

Aisa kaun sa account h

Usme branch jakr band hoga

 

[varun__goel_]

Aisa kaun sa account h

Usme branch jakr band hoga

Liberty .... ☠️

 

[Shraaj]

Hey are u in desidime also na?
I saw your bsnl post on that forum
Very informative

Yes, I am there too with the same username and Thank You!

 

[doraemon]

@DocFixIt @varun__goel_ got a call from Bm HDFC Bank
She told me sir only visa plat free in Max
account

I Asked her about classic she said deposit 1 lac maintain for 1 week and call him directly and she will give a link to convert and then I can keep millennia ltf



need your inputs guys
also she assured me that I will not required to visit any branch for any work



@its_karan (aise hi tag Kiya hai😏😃)



The thing is 1 lac at 3% is what is hurting me
I am ready to keep in fd at 7%

There is a loss of 4% i.e 4k

 

[Vasuki]

The thing is 1 lac at 3% is what is hurting me
I am ready to keep in fd at 7%

There is a loss of 4% i.e 4k

In a year .
But that is compensated with Millniea free 400 pm
But if u want High limit cc .. u can keep it or just do fd & enjoy classic with. 1 lakh fd till it lasts

 

[doraemon]

In a year .
But that is compensated with Millniea free 400 pm
But if u want High limit cc .. u can keep it or just do fd & enjoy classic with. 1 lakh fd till it lasts

So that means
I should directly upgrade from digisave to clasic na? And not via savings max
Right now my mab is 2.5k
Sorry for again asking
If I maintain 1lac and get upgraded and do 1 lac fd /or maintain 15-20k
And get downgraded after a quarter will there be any charges?
Like min digisave mab is secured here


I just want to be sure of every possibility

 

[Vasuki]

So that means
I should directly upgrade from digisave to clasic na? And not via savings max
Right now my mab is 2.5k
Sorry for again asking
If I maintain 1lac and get upgraded and do 1 lac fd /or maintain 15-20k
And get downgraded after a quarter will there be any charges?
Like min digisave mab is secured here


I just want to be sure of every possibility

Downgrade will happen after 2 quarter non maintenance..if u maintain previous quarter u r saved for next..
If u don't maintain 2 subsequent quarter near 1 lakh then it might be downgraded.
If u get downgrade email maintain 1 lakh in last quarter of month .
There won't be a issue



Yes mine too is 2.5 k base Account & Vishesh program

 

[doraemon]

Downgrade will happen after 2 quarter non maintenance..if u maintain previous quarter u r saved for next..
If u don't maintain 2 subsequent quarter near 1 lakh then it might be downgraded.
If u get downgrade email maintain 1 lakh in last quarter of month .
There won't be a issue



Yes mine too is 2.5 k base Account & Vishesh program

Shukriya
😃 .

 

[Akr706]

In my HDFC preferred, I maintained 10-15k last year and never got downgraded to classic. If I get it upgraded to Imperia and keep low balance, are there higher chances to getting it downgraded to classic?

Wondering if they downgrade imperia customers, but not preferred?

 

[devsfinance]

Today I got a message stating

Thank you for being part of HDFC Bank Preferred Programme. Click here to share your on-boarding experience in this 30-sec survey.

In app it’s still Imperia however it takes sometimes to update in app as I know from experience, so I guess downgrade has happened.

Are there any benefits with Imperia over preferred? if yes Can I get that back anyway?

 

[doraemon]

Today I got a message stating

Thank you for being part of HDFC Bank Preferred Programme. Click here to share your on-boarding experience in this 30-sec survey.

In app it’s still Imperia however it takes sometimes to update in app as I know from experience, so I guess downgrade has happened.

Are there any benefits with Imperia over preferred? if yes Can I get that back anyway?

How much u were maintaining?

 

[devsfinance]

How much u were maintaining?

A few lac, less than 5 lac though.

 

[SSV]

Today I got a message stating

Thank you for being part of HDFC Bank Preferred Programme. Click here to share your on-boarding experience in this 30-sec survey.

In app it’s still Imperia however it takes sometimes to update in app as I know from experience, so I guess downgrade has happened.

Are there any benefits with Imperia over preferred? if yes Can I get that back anyway?

The main tangible benefit is : Free locker, if you can get one…that’s it ..everything else is almost the same

 

[peregrine0falcon]

I recently got the notification of downgrading from preferred. I mailed the RM and he showed me that my AQB in 2nd quarter of 2023-24 was below 2 lakhs. He kept replying over mail to maintain 2 lakhs but I had a preferred account cause of salary. Have changed RM 3 times but feels like all RMs are stupid.

 

[Vasuki]

I recently got the notification of downgrading from preferred. I mailed the RM and he showed me that my AQB in 2nd quarter of 2023-24 was below 2 lakhs. He kept replying over mail to maintain 2 lakhs but I had a preferred account cause of salary. Have changed RM 3 times but feels like all RMs are stupid.

Talk to BM DIRECTLY
IF HE IS STUPID
CLUTER HEAD

 

[John Since]

Recently opened HDFC account with IP cheque of Rs.1 lakh after employee promising to upgrade to classic. After opening the account, they kept on asking me to make an FD of Rs.1 lakh to upgrade.
After thinking through it, I found classic/preferred/imperia is useless except for the debit card so that you can earn RP's for CC payments.
Then immediately converedt regular savings to Savings max variant.
Coming to other features like locker and cheque books, I found it useless as I already have Indusind Exclusive account opened which is much better in terms of branch service and professional compared to HDFC people and no risk of downgrading the account too.

 

[devsfinance]

The main tangible benefit is : Free locker, if you can get one…that’s it ..everything else is almost the same

Thank you for letting me know. I don’t have locker as of now but I didn’t get one even in Imperia.

 

[devsfinance]

Recently opened HDFC account with IP cheque of Rs.1 lakh after employee promising to upgrade to classic. After opening the account, they kept on asking me to make an FD of Rs.1 lakh to upgrade.
After thinking through it, I found classic/preferred/imperia is useless except for the debit card so that you can earn RP's for CC payments.
Then immediately converedt regular savings to Savings max variant.
Coming to other features like locker and cheque books, I found it useless as I already have Indusind Exclusive account opened which is much better in terms of branch service and professional compared to HDFC people and no risk of downgrading the account too.

I have the platinum CC already I believe the change could be in account charges like IMPS charges etc.