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.

 

[anilkrsh]

Kotak Salary - my current company
Citi Suvidha - my last company
HDFC - the company before that had tie ups for salary
Icici - My first ever salary account
Bank of Baroda - To deduct emi for car loan.
Jupyter - was among first 100 customers to register and get extra discount for all spending, but now closed the account.

 

[mnh007786]

SBI old saving Account
HDFC for saving
ICICI for business

 

[palen]

For which purpose?

Only to have a backup savings account and park some FD.

 

[suhailmz]

Only to have a backup savings account and park some FD.

Try IDFC savings account

 

[VISHESH_BANSAL]

AXIS LIBERTY
-Liberty Debit Card 5% weekend cashback and Quartely 750 Voucher

RBL- Signature+ debit card

INDUS- Select debit card and other premium Services like Cash Pickup/Delivery

KOTAK Everday
- RuPay platinum DC and Day to Day Txns

AU Digital
-RuPay Platinum DC and AU Bank discount offers.

HDFC
-Millenia Debit Card

 

[gauravraj]

AXIS LIBERTY
-Liberty Debit Card 5% weekend cashback and Quartely 750 Voucher

RBL- Signature+ debit card

INDUS- Select debit card and other premium Services like Cash Pickup/Delivery

KOTAK Everday
- RuPay platinum DC and Day to Day Txns

AU Digital
-RuPay Platinum DC and AU Bank discount offers.

HDFC
-Millenia Debit Card

Do P2P UPI trx count for Kotak everyday' account MAB waive off ?

 

[John Since]

SBI - Traditional account
Kotak Edge - 1st Private bank account. Not using now. Thinking to close it down. Any suggestions?
IndusInd Exclusive - Opened under offer last Nov 2022. Using it for savings purposes.
Jupiter Money - UPI payments and all other day to day expenses.

Closed down my Kotak Savings Edge account.
3rd class service. Held it for 6 years.

 

[VISHESH_BANSAL]

Do P2P UPI trx count for Kotak everyday' account MAB waive off ?

Yes
UPI/NEFT/IMPS outward Txns
Cash Txns and Debit card txns of any Amount are eligible for availing NMC waiver

 

[Piyush_Jaiswal]

Yes
UPI/NEFT/IMPS outward Txns
Cash Txns and Debit card txns of any Amount are eligible for availing NMC waiver

What are the benefits of Kotak Everyday Account in comparison with Kotak 811 account?

 

[VISHESH_BANSAL]

What are the benefits of Kotak Everyday Account in comparison with Kotak 811 account?

Kotak Everday is a regular Account and You will get RuPay platinum DC.

My suggestion- close 811 and Open Kotak Everday.
Just 30 Debit Txns via Kotak Every Day Account , no need to maintain AMB.
If you use it for day to day txns 30 debit txns is not a big number.

 

[gauravraj]

Kotak Everday is a regular Account and You will get RuPay platinum DC.

My suggestion- close 811 and Open Kotak Everday.
Just 30 Debit Txns via Kotak Every Day Account , no need to maintain AMB.
If you use it for day to day txns 30 debit txns is not a big number.

Is it valid for amount like ₹10-20 .

If I do 4-5 transactions a day , will it gets counted for waiver?

How you fullfill MAB criteria ?

 

[ashwinkashwink is verified member.]

Is it valid for amount like ₹10-20 .

If I do 4-5 transactions a day , will it gets counted for waiver?

How you fullfill MAB criteria ?

Even single rupee debit txn is also counted for mab waiver👍

 

[gauravraj]

Even single rupee debit txn is also counted for mab waiver👍

Do you also have Kotak everyday day?

 

[ashwinkashwink is verified member.]

Do you also have Kotak everyday day?

I don't have it but I opened for my friend and he is using it and trust me no maintenance charges are applicable.

 

[gauravraj]

I don't have it but I opened for my friend and he is using it and trust me no maintenance charges are applicable.

Instead of fi money or other payment banks , it can work as traditional bank account too e.g. cheque deposit, cash trx

Excellent suggestions
Thanks to @ashwink and @VISHESH_BANSAL

 

[vip3rc5]

ICICI Titanium Salary Account - For Salary
HDFC Regular Savings - For Savings and occasional large Bill Payments
SBI - My First Account won't close this anytime soon
Kotak Edge - Initially opened as 811 Account Converted to Edge Account, Got Pre approved CC. Might Close in future. Also For Savings
Thinking to open IndusInd Account, but need recommendation.
Not interested in Small Financial Banks Account

 

[pratyushpanda]

Instead of fi money or other payment banks , it can work as traditional bank account too e.g. cheque deposit, cash trx

Excellent suggestions
Thanks to @ashwink and @VISHESH_BANSAL

But 811 is better.. if you don't have kotak account then go with 811 atleast you will have peace of mind like in case in future some better product is there from other bank and all.. this account is nothing special other than rupay plat dc.. so my suggestion would be better to go with 811.

 

[gauravraj]

But 811 is better.. if you don't have kotak account then go with 811 atleast you will have peace of mind like in case in future some better product is there from other bank and all.. this account is nothing special other than rupay plat dc.. so my suggestion would be better to go with 811.

Yes bro , peace of mind is there in 811.
Punishment if you are lazy in case of everyday but if you can keep 20k , its 🆒

 

[pratyushpanda]

Yes bro , peace of mind is there in 811.
Punishment if you are lazy in case of everyday but if you can keep 20k , its 🆒

And in axis Liberty case only spend 25k one time and then all good.. in this case you have to count 🤣 if using it as regular then all good but if not primary account then you have to count and even once if you forget by chance making 30 transaction then 😪 so there are many good products in market and everyday account is offering nothing great.

 

[Piyush_Jaiswal]

Kotak Everday is a regular Account and You will get RuPay platinum DC.

My suggestion- close 811 and Open Kotak Everday.
Just 30 Debit Txns via Kotak Every Day Account , no need to maintain AMB.
If you use it for day to day txns 30 debit txns is not a big number.

The only benefit was Rupay Platinum DC. But now rupay has changed the T&Cs for this financial year. Now 20% discount upto 100 is applicable on recharge and bill payments made on Amazon on Friday.