ICICI IMobile app shows Wealth Management for 3 credit card!! Possibility for a 0 balance account?

[varunsridharan]

I have been utilizing Amazon Pay for the past 11 months, having a limit of 4.6 lakh. A few days ago, I made the decision to upgrade to a platinum card with a shared limit, and my request was approved within a day. Shortly after, I also requested a coral Rupay card, and it was approved within a few hours after my platinum card approval.

Upon receiving both cards, I noticed that the ICICI mobile app theme changed to black and displayed "Wealth Management." Does this imply that I am eligible for a wealth management account with a zero balance requirement?

 

[gautamcool]

I have been utilizing Amazon Pay for the past 11 months, having a limit of 4.6 lakh. A few days ago, I made the decision to upgrade to a platinum card with a shared limit, and my request was approved within a day. Shortly after, I also requested a coral Rupay card, and it was approved within a few hours after my platinum card approval.

Upon receiving both cards, I noticed that the ICICI mobile app theme changed to black and displayed "Wealth Management." Does this imply that I am eligible for a wealth management account with a zero balance requirement?

What's the limit of both your cards ?
I earlier had Coral LTF and applied and received APay card recently. Now I am seeing red colour with privilege logo in app.
I am thinking they have certain CL threshold for their account variants

 

[SSV]

What's the limit of both your cards ?
I earlier had Coral LTF and applied and received APay card recently. Now I am seeing red colour with privilege logo in app.
I am thinking they have certain CL threshold for their account variants

Normally CL more than 5L will qualify for WM account..

 

[Strange]

Normally CL more than 5L will qualify for WM account..

What if someone has normal account with 5L credit limit. are they gonna upgrade to WM after getting 5L CL?

 

[SSV]

What if someone has normal account with 5L credit limit. are they gonna upgrade to WM after getting 5L CL?

All these are only guideline type of things.. Not necessarily enforceable..
WM account is purely at branch's discretion...
There is no harm in asking for it if you need it ... no need to wait for the invite..

 

[Strange]

All these are only guideline type of things.. Not necessarily enforceable..
WM account is purely at branch's discretion...
There is no harm in asking for it if you need it ... no need to wait for the invite..

How do they invite? Invite application to non bank account customers only?

 

[SSV]

How do they invite? Invite application to non bank account customers only?

That was how I got back in sep 2022

 

[Strange]

That was how I got back in sep 2022

So existing bank account holders won't get invite or upgrade even after getting 5L CL?

 

[Strange]

So existing bank account holders won't get invite or upgrade even after getting 5L CL?

@pprakash11

 

[SSV]

So existing bank account holders won't get invite or upgrade even after getting 5L CL?

Most probably not... as it doesn't come under new business acquistion for the CASA category

 

[SSV]

So existing bank account holders won't get invite or upgrade even after getting 5L CL?

This is how the invite looks like:

Opened ICICI Wealth saving account with zero opening balance

So I see a lot of discussions here about people getting confused regarding the minimum cheque required for opening the wealth account. I will say it depends on the BM and the guy handling wealth.

www.technofino.in

 

[pprakash11]

@pprakash11

It's purely luck based.
Don't get stick to it, getting a separate WM account is the wisest option at present rather than waiting / requesting for upgrade.

 

[codenerd]

It's purely luck based.
Don't get stick to it, getting a separate WM account is the wisest option at present rather than waiting / requesting for upgrade.

I was told that I can't have 2 accounts. So need to close old account to get wealth account.

 

[SSV]

I was told that I can't have 2 accounts. So need to close old account to get wealth account.

Worth a try in a WM branch

 

[Strange]

I was told that I can't have 2 accounts. So need to close old account to get wealth account.

I already have two accounts, One regular and a MINE saving account. 🤣 They gave MINE account to existing ICICI customers when it was launched but they stopped after that.

 

[pprakash11]

I was told that I can't have 2 accounts. So need to close old account to get wealth account.

I myself have 2 a/c.

 

[Pankhuri]

I was told that I can't have 2 accounts. So need to close old account to get wealth account.

were you able to acquire the wealth account?

 

[codenerd]

were you able to acquire the wealth account?

Not yet. Will try

 

[arcticvolcano]

That was how I got back in sep 2022

Did you just automatically get an invite or did you email them regarding this? (I assume you did not have any Savings account with them prior to this)

 

[SSV]

Did you just automatically get an invite or did you email them regarding this? (I assume you did not have any Savings account with them prior to this)

I was holding Amazon Pay CC with 6.4L CL then , It was an automatic invite for WM ..

 

[arcticvolcano]

I was holding Amazon Pay CC with 6.4L CL then , It was an automatic invite for WM ..

View attachment 56744

Wow! I currently have 5L limit (increased automatically 2 or 3 months back). Maybe once it crosses 6 months, I will request a LE and see if this triggers the invite)