How many bank accounts do you have and for what purposes?

[raghavx]

I hold following bank accounts

1. ICICI Bank (Savings) - For salary crediting and investments
2. IDFC First Bank (Savings) - for savings purposes, it gives good rate of interest.
3. DBS - Idk why I am still holding this.
4. Paytm Payments Bank - Had opened it long back, not sure why I am holding this too.
5. Fi.money - For day to day transactions as my primary savings account would get cluttered with few hundred rupees transactions.
6. Jupiter - Had opened alongside with Fi, thinking to close this.

 

[Deleted member 26181]

HDFC ( will open for savings and pre approved offers)
Bank of Baroda (for UPI)
SBI (will open for Mutual fund sips)
Lotak 811 (will close soon)
Bhindie (will close after getting quarterly interest)
IDFC FF (unreliable and weird CC, will close soon, though good net banking and app)
Señìors any suggestions?? 🛐

 

[doraemon]

HDFC ( will open for savings and pre approved offers)
Bank of Baroda (for UPI)
SBI (will open for Mutual fund sips)
Lotak 811 (will close soon)
Bhindie (will close after getting quarterly interest)
IDFC FF (unreliable and weird CC, will close soon, though good net banking and app)
Señìors any suggestions?? 🛐

Kotak 811 is free isn't why closing?
Bhindi keep till getting 1k pm!!!!
Close idfc ff

 

[Riya Sharma]

NO WITH FAMILY 50 ACCOUNTS AND 20 CREDIT CARDS

My mom has 16 credit cards lol

 

[Deleted member 26181]

Question by Doraemon

Kotak 811 is free isn't why closing?

Answer By Doraemon

I will strongly suggest u not to open multiple accounts its a headache tbh

Last year Maine maje maje mai 13 accounts khol liye ab sar chakra Raha
I have decided to close some of them and reduce this number to max 7-8
Ideal is 3 max

 

[its_karan]

Señìors any suggestions?? 🛐

Ill tell you my plan for myself

Target to Open
1. Union Bank without chequebook for Rupay Select DC (August 24)
2. AU Digital for Rupay Platinum DC (April 24)

Target to close:
1. All accounts which are not 0 balance(should be with no direct/indirect charges irrespective of glitch/service) and have no secondary purpose.

 

[varun__goel_]

HDFC ( will open for savings and pre approved offers)
Bank of Baroda (for UPI)
SBI (will open for Mutual fund sips)
Lotak 811 (will close soon)
Bhindie (will close after getting quarterly interest)
IDFC FF (unreliable and weird CC, will close soon, though good net banking and app)
Señìors any suggestions?? 🛐

Keep either lotak or bob for upi

Close bhindi as soon as offer ends

Idfc will be good for cheque issuance (if needed)and unlimited atm withdrawals. Otherwise can be closed

Keep hdfc and sbi

 

[cardy]

HDFC ( will open for savings and pre approved offers)
Bank of Baroda (for UPI)
SBI (will open for Mutual fund sips)
Lotak 811 (will close soon)
Bhindie (will close after getting quarterly interest)
IDFC FF (unreliable and weird CC, will close soon, though good net banking and app)
Señìors any suggestions?? 🛐

In my opinion you should drop the idea of closing these three accounts - in your words "lotak, bhindie and ff "

See - now a days all the banks are more or less same in customer service, i mean all are useless. You have to deal with executives who doesn't know even the basics, already you know. So don't expect much from them.

Now to the point of closing all three are zero balance account, offers free debit cards( for 811 atleast virtual one free) and merely have other charges that is not charged in normal accounts. These three won't cost you much.

Kahi Aisa na ho baad me pachtao.

So my strong opinion is - keep these accounts they will benifit you in the long run.

 

[its_karan]

Aur ek baar branch Jake form fillup karke bakaida mobile number update request Karo. Wo branch ka pagal log bolenge update to hai. Lekin tum bolna firse ekbaar Naya number system me update process karneke liye. Ho jayega. Mera PNB mein Aisa huya tha. 2nd baar update karne se thik hogaya tha.

Read 3rd line again

I don't want to deal them again for 1 month for nothing

Appreciate your response

 

[yobro]

For a very long time I never had any bank account I opened my 1st account on 19th Dec 2023 and from then till today (16 mar 24) I have opened 9 bank accounts till now.
The biggest need for me was free debit card initially virtual and then physical.
I am a student going to graduate soon and don't think that so many accounts are needed.
I don't know if I have done right or wrong but it's okay.
All accounts are 0 balance.
So here's go my list-
1. AU bank digital savings account (1st account). Recently blocked debit card as they were charging 177.
2. Kotak 811 account.
I opened this account for multiple reasons like kotak brand name, good service, free virtual Debit card.
3. Indie by indusind. Opened for free virtual Debit card and other benefits.
I remember once I went to indusind Bank branch in Patna in Feb 2022 and they said they don't provide 0 balance account.
4. Fincare bank 101 1st account for UPI and free master virtual Debit card.
5. BOB BRO ACCOUNT. Everything is free in this account including free physical rupay platinum debit card.
I don't know if they will convert this account to regular savings after I attain 25.
6. CUB student account- Free physical debit card but doesn't seems good bank.

Closed accounts-
1. Paytm account (not closed from my side but RBI closed bank)
2. IDFC FIRST BANK Opened by mistake thinking that 0 balance account but I was asked to maintain 10k balance. I tried converting to Future first account but their branch employees were not motivated enough to do so.
3. Equitas account through freo because of bad service and bad app. I think wrong decision.
I think I opened many accounts due to my frustration of so many years as I had to beg at my friends for basic banking services like cash withdrawal.
Anyways open for discussion

 

[doraemon]

For a very long time I never had any bank account I opened my 1st account on 19th Dec 2023 and from then till today (16 mar 24) I have opened 9 bank accounts till now.
The biggest need for me was free debit card initially virtual and then physical.
I am a student going to graduate soon and don't think that so many accounts are needed.
I don't know if I have done right or wrong but it's okay.
All accounts are 0 balance.
So here's go my list-
1. AU bank digital savings account (1st account). Recently blocked debit card as they were charging 177.
2. Kotak 811 account.
I opened this account for multiple reasons like kotak brand name, good service, free virtual Debit card.
3. Indie by indusind. Opened for free virtual Debit card and other benefits.
I remember once I went to indusind Bank branch in Patna in Feb 2022 and they said they don't provide 0 balance account.
4. Fincare bank 101 1st account for UPI and free master virtual Debit card.
5. BOB BRO ACCOUNT. Everything is free in this account including free physical rupay platinum debit card.
I don't know if they will convert this account to regular savings after I attain 25.
6. CUB student account- Free physical debit card but doesn't seems good bank.

Closed accounts-
1. Paytm account (not closed from my side but RBI closed bank)
2. IDFC FIRST BANK Opened by mistake thinking that 0 balance account but I was asked to maintain 10k balance. I tried converting to Future first account but their branch employees were not motivated enough to do so.
3. Equitas account through freo because of bad service and bad app. I think wrong decision.
I think I opened many accounts due to my frustration of so many years as I had to beg at my friends for basic banking services like cash withdrawal.
Anyways open for discussion

Never heard of cub Bank .
I also have fincare account but there branch is in Tamil Nadu while I am in uttar Pradesh

But I think as merger is approved it will soon renamed to au bank
So two au accounts

 

[ashwinkashwink is verified member.]

Never heard of cub Bank

City Union Bank 😅

I also have fincare account but there branch is in Tamil Nadu while I am in uttar Pradesh

Fincare allots Bengaluru Branch as by default

4. Fincare bank 101 1st account for UPI and free master virtual Debit card.

Looks like Finance now stopped onboarding new customers online due to merger

 

[doraemon]

Looks like Finance now stopped onboarding new customers online due to merger

Opened one last week for my brother
Basically he want au account but was not comfortable with vkyc
So opened fincare account thinking it will be renamed as au account
And one year is more than enough for kyc


Au Branch people is stucked at 25k platinum account pitch
So no help from there

 

[ashwinkashwink is verified member.]

Opened one last week for my brother
Basically he want au account but was not comfortable with vkyc
So opened fincare account thinking it will be renamed as au account
And one year is more than enough for kyc


Au Branch people is stucked at 25k platinum account pitch
So no help from there

Tried 2 days ago to open for my friend and site asked visit branch.

 

[doraemon]

Hmmm maybe because of the reason you mentioned earlier

Is this the first time for your friend in fincare?

Tried 2 days ago to open for my friend and site asked visit branch.

 

[ashwinkashwink is verified member.]

Is this the first time for your friend in fincare?

Y E S

 

[yobro]

Never heard of cub Bank .
I also have fincare account but there branch is in Tamil Nadu while I am in uttar Pradesh

But I think as merger is approved it will soon renamed to au bank
So two au accounts

Cub city union bank
This bank is more than 100 yr old but I don't know why it didn't grew much.
This is story of many banks like DCB, CSB, Karnataka, Tamilnad merchantile bank etc.

 

[yobro]

City Union Bank 😅


Fincare allots Bengaluru Branch as by default


Looks like Finance now stopped onboarding new customers online due to merger

I am in Ahmedabad and I have been allocated CG road branch(which is very near to my residence)

 

[ashwinkashwink is verified member.]

I am in Ahmedabad and I have been allocated CG road branch(which is very near to my residence)

I have 2 branches around me but they have allotted Bengaluru Branch 😅

 

[yobro]

I have 2 branches around me but they have allotted Bengaluru Branch 😅

No issues.
The bank operates online distance of branch not an issue

 

[karan_hdl]

Only Two Active Savings Account
1. Indian Bank (Savings Purpose which is my oldest account opened as a student aged 18)
2. HDFC (Savings Account where Salary gets credited opened when I first started working)

And Paytm Payments Bank which won't be useful anymore, and in the past too didn't used it much, but hardly few months back re activated it with an intention of using it for day-to-day transactions..