ICICI privilege banking query

[SpiesCan'tCatchMe]

I have no relationship with ICICI and only hold a MMT signature and just today got my platinum cc. But when i opened my imobile app today it's color changed and ICICI privilege banking was written on the left corner?
Any explanation on what happened?

 

[ccgeek07]

I have no relationship with ICICI and only hold a MMT signature and just today got my platinum cc. But when i opened my imobile app today it's color changed and ICICI privilege banking was written on the left corner?
Any explanation on what happened?

Same happened with me

 

[SpiesCan'tCatchMe]

Same happened with me

I know the reason now, it's because of the credit limit - if the limit is above 2-3 lacs then it becomes reddish (privilege) and if the limit is more than 5-6 lacs then it becomes black (wealth)

 

[4uziaul]

I know the reason now, it's because of the credit limit - if the limit is above 2-3 lacs then it becomes reddish (privilege) and if the limit is more than 5-6 lacs then it becomes black (wealth)

Above 5L and not black (wealth), still red (privilege)

 

[ccgeek07]

I know the reason now, it's because of the credit limit - if the limit is above 2-3 lacs then it becomes reddish (privilege) and if the limit is more than 5-6 lacs then it becomes black (wealth)

How you got to know?
Is this a guess?

 

[ccgeek07]

Also I do not have any new credit card or credit limit increase recently, still it changed.

 

[SpiesCan'tCatchMe]

How you got to know?
Is this a guess?

I read it in a thread about wealth banking

 

[SpiesCan'tCatchMe]

Also I do not have any new credit card or credit limit increase recently, still it changed.

Even I have the orange theme with a 3+ lakh cc while my father has 5+ lakh cc still he is with the orange theme

 

[ccgeek07]

Even I have the orange theme with a 3+ lakh cc while my father has 5+ lakh cc still he is with the orange theme

So you're not upgraded to Privilege?

 

[SpiesCan'tCatchMe]

So you're not upgraded to Privilege?

Since day 1 of receiving the cc i was having the orange theme, and i don't have any savings AC with them

 

[Amit_]

I have visited an ICICI branch.. I have 4.5 lakh limit coral card... BM told me that I am eligible for Privilege Banking... BM Said, When he will process my application it will automatically show privilege account since I have 4.5 lakh limit card.. BM told me to open this account with 1 lakh initial funding.. After negotiating he agreed for 50k funding.. BM said keep 50 k for atleast 3 months then you may maintain 15 to 25 k monthly. There will be no issue.. account will never be downgraded.

Well I have not opened this account yet. In private sector banks, this bank is nearest to my home, around only 100 meter walking distance only. Should I go for it?

 

[vega]

I have visited an ICICI branch.. I have 4.5 lakh limit coral card... BM told me that I am eligible for Privilege Banking... BM Said, When he will process my application it will automatically show privilege account since I have 4.5 lakh limit card.. BM told me to open this account with 1 lakh initial funding.. After negotiating he agreed for 50k funding.. BM said keep 50 k for atleast 3 months then you may maintain 15 to 25 k monthly. There will be no issue.. account will never be downgraded.

Well I have not opened this account yet. In private sector banks, this bank is nearest to my home, around only 100 meter walking distance only. Should I go for it?

What is the use of privilege banking in ICICI? I have it, and I see none. What is your end goal from this privilege banking?

 

[Akashn]

I have visited an ICICI branch.. I have 4.5 lakh limit coral card... BM told me that I am eligible for Privilege Banking... BM Said, When he will process my application it will automatically show privilege account since I have 4.5 lakh limit card.. BM told me to open this account with 1 lakh initial funding.. After negotiating he agreed for 50k funding.. BM said keep 50 k for atleast 3 months then you may maintain 15 to 25 k monthly. There will be no issue.. account will never be downgraded.

Well I have not opened this account yet. In private sector banks, this bank is nearest to my home, around only 100 meter walking distance only. Should I go for it?

No use of privilege banking.. opt for normal account

 

[Amit_]

What is the use of privilege banking in ICICI? I have it, and I see none. What is your end goal from this privilege banking?

NiL Debit Card charge & a/c maintenance charge

 

[Amit_]

Finally I have decided not to open a/c in icici bank. I already have a/c in axis Bank and hdfc bank and that's enough.

 

[Collector_sahab]

I have no relationship with ICICI and only hold a MMT signature and just today got my platinum cc. But when i opened my imobile app today it's color changed and ICICI privilege banking was written on the left corner?
Any explanation on what happened?

I don't know buddy, but ICICI Net banking and App colour changes like chameleon. First when I had only Apay CC, it was orange and white, then I opened a Mine SBA, the colour changed to orange and grey with funky colours here and there. Now in Jan, I got a mail that I have been shifted into Privileged banking and the colour has changed to Maroon across app and web. I miss the Mine colour scheme now.

 

[Vasuki]

I know the reason now, it's because of the credit limit - if the limit is above 2-3 lacs then it becomes reddish (privilege) and if the limit is more than 5-6 lacs then it becomes black (wealth)

When m i getting 5-6 lakh limit ..


Oh I don't have icici card to begin with

 

[Vasuki]

No use of privilege banking.. opt for normal account

No one knows this better than you sir

 

[Akashn]

No one knows this better than you sir

 

[Vasuki]

I did fd.. ab dekhta hu june tak ....
Not more than 3 months