ICICI giving 4 account options in family, which one to choose?

[creditguru]

I have ICICI privilege salary account with credit of Rs. 125k/month. I also have Saphhiro, Apay, Rubyx, Coral credit cards with 2 each having shared limits of Rs. 6 lakhs.

When I click on request for family banking in iMobile, it shows 4 options:
1. Family 360
2. Family Wealth
3. Family Private
4. Family Salary

Which one to choose, what is the difference between those 4 types? Will Wealth and Private have some MAB or TRV criteria, will they be downgraded on non-maintenance?

 

[Anindya98]

I have ICICI privilege salary account with credit of Rs. 125k/month. I also have Saphhiro, Apay, Rubyx, Coral credit cards with 2 each having shared limits of Rs. 6 lakhs.

When I click on request for family banking in iMobile, it shows 4 options:
1. Family 360
2. Family Wealth
3. Family Private
4. Family Salary

Which one to choose, what is the difference between those 4 types? Will Wealth and Private have some MAB or TRV criteria, will they be downgraded on non-maintenance?

Wealth they don't downgrade the account if you use it regularly.

 

[creditguru]

@sauravkumar
@vijay.vj
Your suggestion will be helpful

 

[Anindya98]

I have ICICI privilege salary account with credit of Rs. 125k/month. I also have Saphhiro, Apay, Rubyx, Coral credit cards with 2 each having shared limits of Rs. 6 lakhs.

When I click on request for family banking in iMobile, it shows 4 options:
1. Family 360
2. Family Wealth
3. Family Private
4. Family Salary

Which one to choose, what is the difference between those 4 types? Will Wealth and Private have some MAB or TRV criteria, will they be downgraded on non-maintenance?

First, you need to ask your RM/BM to upgrade your account to the ICICI Wealth Management Salary Account then you can start linking it. Also, you need to open other family member's accounts before adding them under family banking.
Family Banking is available only for these 4 account variants.

 

[creditguru]

Wealth they don't downgrade the account if you use it regularly.

Thanks for your reply. Just wanted to confirm whether they will convert to wealth family as it has salary requirements of 3 lakh/month?

 

[Anindya98]

Thanks for your reply. Just wanted to confirm whether they will convert to wealth family as it has salary requirements of 3 lakh/month?

If you are a Government Employee then 1L/month is sufficient. Just ask your RM/BM they will upgrade your account without meeting the Salary requirement.
Just threaten them you will go elsewhere they will help you. 1L+ Salary is more than sufficient.

 

[invisible007]

Family Salary if you are salaried employee