ICICI Wealth Management Account Holders please share your experience.

[TheTrickySid]

What's the MAB you guys maintaining in your Wealth management account.

And what's would be the ideal mab to prevent it from getting downgraded.
Or any tips to avoid getting the account downgraded without maintaining mab.

 

[sma]

Ballpoint figure?

Because for ICICI Wealth Management account - there is no minimum requirement from what I understand. Except for initial funding or a premium card or a Salary account, etc.

fifty plus in deposits, salary account, home loan

 

[Bodhi]

fifty plus in deposits, salary account, home loan

Thank you @smanne for sharing

 

[oshan]

NO balance required once you are upgraded

 

[kochiro]

Ok they said 10 lac in my city and need to be salaried. Most I can manage is 5 lacs, Can anybody confirm weath experience 0 Balance and branch name in nagpur. Here they simply said wealth is not 0 balance and can attract 750 rs as non amb fees. Can we open in different city even if we don't belong there ?

 

[Chaitanya-a]

Ok they said 10 lac in my city and need to be salaried. Most I can manage is 5 lacs, Can anybody confirm weath experience 0 Balance and branch name in nagpur. Here they simply said wealth is not 0 balance and can attract 750 rs as non amb fees. Can we open in different city even if we don't belong there ?

Is he quoting this for salary account? As conditions for salary account is different. Other than that, if you're opening wealth account directly then it won't attract any non-maintenance charges. However for upgrades, there is non-maintenance charges.

 

[TheTrickySid]

Ok they said 10 lac in my city and need to be salaried. Most I can manage is 5 lacs, Can anybody confirm weath experience 0 Balance and branch name in nagpur. Here they simply said wealth is not 0 balance and can attract 750 rs as non amb fees. Can we open in different city even if we don't belong there ?

ICICI Wealth Management Account Holders please share your experience.

What's the MAB you guys maintaining in your Wealth management account. And what's would be the ideal mab to prevent it from getting downgraded. Or any tips to avoid getting the account downgraded without maintaining mab.

www.technofino.in

 

[kochiro]

Is he quoting this for salary account? As conditions for salary account is different. Other than that, if you're opening wealth account directly then it won't attract any non-maintenance charges. However for upgrades, there is non-maintenance charges.

For upgrade it's 25 lac.

 

[kochiro]

ICICI Wealth Management Account Holders please share your experience.

What's the MAB you guys maintaining in your Wealth management account. And what's would be the ideal mab to prevent it from getting downgraded. Or any tips to avoid getting the account downgraded without maintaining mab.

www.technofino.in

Where in Maharashtra it's possible to open it in 5 lac?

 

[jetmix]

I don't see some extra ordinary in terms of ASAP support through their Higher Officials who are seating at Head Quarter.

Ofcourse, quick services within Branch related support.

Assigned RMs are almost newbie and 8/10 cases they will revert back on queries as lack of know-how on products.

My views are personal basis which may change from individuals

 

[ashwinkashwink is verified member.]

My previous RM got replaced(he was never been a helpful guy to me and always tried to sell ulips😂)with a new one (let's see how is new one).

 

[anotheruser]

I am trying to comprehend, that whats the benefit of Wealth Management (until its wealth select) that folks want to park that much amount in account.
Only major benefit is almost zero waiting for customer care and thats it.

 

[TheTrickySid]

Where in Maharashtra it's possible to open it in 5 lac?

It's possible every where, you just need good negotiation skills.
If one branch isn't agreeing with 5L try another branch. You can open it in any branch and then later get it transferred to desired/nearest branch.

 

[jainsuk]

Frankly I am seeing no real benefit from being a Wealth Management customer. RM is completely useless when requested for CC. For everything else only use online portal. Not sure if I am missing out any useful services?

 

[Chaitanya-a]

Frankly I am seeing no real benefit from being a Wealth Management customer. RM is completely useless when requested for CC. For everything else only use online portal. Not sure if I am missing out any useful services?

Just a good debit card and better branch support. These are the only benefits of any wealth account.

 

[jainsuk]

Just a good debit card and better branch support. These are the only benefits of any wealth account.

Thanks. They have given a MC world DC, but don't see many offers on it. Should I ask for a different one?
May have visited the branch once in last 10 years 😀

 

[Chaitanya-a]

Thanks. They have given a MC world DC, but don't see many offers on it. Should I ask for a different one?
May have visited the branch once in last 10 years 😀

Try for Visa Variant. You'll get Thriwe and BMS offers atleast (if it's Visa Infinite). MC is useless in India.

 

[kochiro]

Try for Visa Variant. You'll get Thriwe and BMS offers atleast (if it's Visa Infinite). MC is useless in India.

visa is signature for this right?

 

[kochiro]

It's possible every where, you just need good negotiation skills.
If one branch isn't agreeing with 5L try another branch. You can open it in any branch and then later get it transferred to desired/nearest branch.

so I can be in any city and open with address of any other city?

 

[jainsuk]

Try for Visa Variant. You'll get Thriwe and BMS offers atleast (if it's Visa Infinite). MC is useless in India.

Thanks. Will try with customer Services. RM is pretty useless.

 

[Chaitanya-a]

visa is signature for this right?

I just saw that there's only MC world available for Wealth Management account.
Whereas Visa Infinite is for Wealth Select account.