HSBC salary account opening experience

[fradela]

I had call with DBS for treasure account , its benefits are good but RM said TRV of 30L min. They said they dont have salary account in treasure.

I visited branch in person. They said no benefits. only zero balance account.

 

[cardio_guy]

I had call with DBS for treasure account , its benefits are good but RM said TRV of 30L min. They said they dont have salary account in treasure.

When I spoke to the RM he told I can open a salary 0 balance account and convert it to treasures if the salary is more than 2L per month.

Hsbc gives premier of salary is more then 3L per month.

By the way what is the problem you told for DBS internationally?

 

[cardio_guy]

Then try all these banks. Finally, settle with one bank.

Yes. Tried icici for 1 year. Their imobile app is good. Apart from that no major benefits as such.
Now next is hsbc. Will see this one and then move to next.

 

[iamnisanth]

DBS had some problems internationally, so i dont want to keep big amounts with them

Can you elaborate more on the problems or share any news article?

 

[Nihhaar]

Yeah. Will do that after some months. They are giving some joining offers like swiggy and Amazon prime copoun, Myntra copoun etc. will get all of that and then close it.

I opened hsbc account but didn't get these benefits. How to get them?

 

[Nihhaar]

There are many low fee / LTF credit cards for this purpose. Whats the benefit of DC? Does it give 5% on utilities MCC or fuel?

You won't get 5% cb for offline transactions in any cc

 

[cardio_guy]

I opened hsbc account but didn't get these benefits. How to get them?

This is for salary accounts, not normal savings accounts. Contact customer care or nearest branch if yours was a salary account.
They give a thriwe membership ID and you can redeem the coupons from there.

 

[Vinay13]

Can you elaborate more on the problems or share any news article?

Sorry I heard somewhere but not able to find any articles

 

[Vinay13]

When I spoke to the RM he told I can open a salary 0 balance account and convert it to treasures if the salary is more than 2L per month.

Hsbc gives premier of salary is more then 3L per month.

By the way what is the problem you told for DBS internationally?

They made it clear to me that the benefits of treasures are only with CAT 2 account which is minimum 30L trv.
Even if you convert salary account to treasure not sure if you will get any lifestyle benefits

 

[Anupama_Jha]

They did not provide me a reason, however, if you spend upto your salary being credited then there wouldnt be an issue

Oh wow😮 u have *Credit Card Expert* badge📛 in ur profile.

Being TF buzz, how u got this bro? 💪🏻

 

[helloworld]

Oh wow😮 u have *Credit Card Expert* badge📛 in ur profile.

Being TF buzz, how u got this bro? 💪🏻

these are the people you found in twitter, blogs or are directly associated with technofino.

showcase your credit knowledge somewhere, get it reviewd and get a badge.

 

[cardio_guy]

They made it clear to me that the benefits of treasures are only with CAT 2 account which is minimum 30L trv.
Even if you convert salary account to treasure not sure if you will get any lifestyle benefits

Ok thanks for this. So it is like icici wealth management which they give to salary account holders. Just name change but no benefits. Got it.

 

[oshan]

so, here this account got closed because that person spent more than salary and in those spends heavily contributed to these bill payment apps with debit card, is that right?

yes, bill payments, shopping, all kinds of spends

 

[Vinay13]

Anybody explored salary accounts with kotak? Kotak privy is easy to get?

 

[rajshubham820]

SBI Unipay - yes

did u get it i did transaction 24th and 30th sep on sbi unipay , its two moth i should have got cashback right

 

[oshan]

these are the people you found in twitter, blogs or are directly associated with technofino.

showcase your credit knowledge somewhere, get it reviewd and get a badge.

Yes that is correct

Oh wow😮 u have *Credit Card Expert* badge📛 in ur profile.

Being TF buzz, how u got this bro? 💪🏻

 

[rajshubham820]

yes, bill payments, shopping, all kinds of spends

i should expect cashback this month on 10th only right ? or i am expecting wrong . Do let me know ur input . Thanks in advance

 

[Vinay13]

Anybody explored salary accounts with kotak? Kotak privy is easy to get?

anyone ? ?

 

[oshan]

did u get it i did transaction 24th and 30th sep on sbi unipay , its two moth i should have got cashback right

i should expect cashback this month on 10th only right ? or i am expecting wrong . Do let me know ur input . Thanks in advance

Expect CB by Nov end,
however they keep plugging loopholes, so not necessarily you will get the cb

 

[cardio_guy]

So these are the benefits at first level.

• Platinum credit card LTF comes with the account (you can just select the check-box while opening the account, no need of separate application).
• 250 Rs Amazon voucher on completing VKYC for salary account or credit card.
• 100 Rs Amazon voucher on installing and activating UPI on HSBC Simply Pay UPI app
• 500 Rs Amazon voucher for spending Rs 5000 using Platinum credit card in first 30 days.
• 13000 Rs worth copouns via Thriwe membership, will get the membership details after first salary credit. (Some of which are useless though)