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.

 

[0xfallup]

is there any changes is ICICI Wealth account opening process T&C???

why do u think so ...any news you have recd?

 

[Sanskar]

why do u think so ...any news you have recd?

I called to Bank branch they told me.

 

[0xfallup]

I called to Bank branch they told me.

what they said?

 

[Sanskar]

what they said?

They have introduced customer profile and monthly maintenance balance

 

[sauravkumar]

You got wealth management because of your CC limit In ICICI If your cc have limit of 3L+ you get privileged status. And if your cc have limit of 5L+ you get wealth management status.

Can someone please throw some light on it?

I already have ICICI CC with 12+ lakh limit.
But my account is still privileged not wealth.

What is the process/steps if is not automatically upgraded?

 

[0xfallup]

They have introduced customer profile and monthly maintenance balance

Can you please explain in more detail….as I just had a talk with my nearest branch and they are ready to open at 2L initial funding 😶

 

[anirban.choudhuryanirban.choudhury is verified member.]

Can someone please throw some light on it?

I already have ICICI CC with 12+ lakh limit.
But my account is still privileged not wealth.

What is the process/steps if is not automatically upgraded?

Wealth account has nothing to do with credit limit .
Wealth is account variant which can be opened with IP of 5 lakhs or upgraded with 25 lakhs NRV .

 

[anirban.choudhuryanirban.choudhury is verified member.]

You got wealth management because of your CC limit In ICICI If your cc have limit of 3L+ you get privileged status. And if your cc have limit of 5L+ you get wealth management status.

This is not true
Wealth account has nothing to do with credit limit

 

[sauravkumar]

I had requested for an upgrade to one titanium account. Fews day afterwards , my imobile color changed to black and netbanking had wealth management written it. Also got a one savings debit card.

I don't understand what exactly is my account? Is it titanium , is it wealth management? Can somebody clear the confusion.

Could you please tell how you have requested for an upgrade?
I mean by mail, branch visit or how??

 

[TheTrickySid]

This is not true
Wealth account has nothing to do with credit limit

Then what about the app theme for people holding only ICICI CC and no savings account.

They also have different themes in their app.

 

[anirban.choudhuryanirban.choudhury is verified member.]

Then what about the app theme for people holding only ICICI CC and no savings account.

They also have different themes in their app.

Bro if there is no savings account then , how can it become wealth management as wealth is account type in iciic . It must be some technical glitch which changes theme Color . For those whose theme changed to black , can they use any benefit of wealth account like free Cibil report , wealth DC or cheque book etc . Also if they open a basic account will that account get wealth benefit . It’s just that theme change to black but the account doesn’t turn to wealth

 

[churn]

Those who are holding wealth select, what did you get for "Complimentary membership of a 5 Star hotel chain"?

 

[CardSeeker]

Bro if there is no savings account then , how can it become wealth management as wealth is account type in iciic . It must be some technical glitch which changes theme Color . For those whose theme changed to black , can they use any benefit of wealth account like free Cibil report , wealth DC or cheque book etc . Also if they open a basic account will that account get wealth benefit . It’s just that theme change to black but the account doesn’t turn to wealth

logic

 

[CardCraftsman.]

I have the one titanium account and not wealth account. Once i get a new cc offer I'll update my last post.

Did you get any LTF premium credit card from icici? @Rahul Gupta

 

[CardCraftsman.]

My nearest ICICI BANK BM is telling that he can't confirm that will you get LTF SAPPHIRO or not. He told me that if bank find you credit worthy(means if bank think that they should offer it) then only you can get it. What should I do?

 

[Fayedalikhan]

MAB is 0.
I had to submit 10L cheque at the time of opening the account.

Overall experience has been great, you can instantly transfer funds by adding beneficiaries (no cooling period) .The account has high transaction limits. Customer service over phone is amazing.
You get World Debit MasterCard.

 

[technom]

MAB is 0.
I had to submit 10L cheque at the time of opening the account.

Overall experience has been great, you can instantly transfer funds by adding beneficiaries (no cooling period) .The account has high transaction limits. Customer service over phone is amazing.
You get World Debit MasterCard.

One of my colleagues mentioned that the account got downgraded because he didn't maintain the required balance for Wealth variant. It stayed at the level for almost a year but eventually downgraded. Can you please confirm if it's really life time status

 

[technom]

It depends on the branch. If they want, you can stay on wealth for lifetime. Otherwise not.

There's sad. I would have gone for it with Lifetime assurances. Not otherwise

 

[Fayedalikhan]

One of my colleagues mentioned that the account got downgraded because he didn't maintain the required balance for Wealth variant. It stayed at the level for almost a year but eventually downgraded. Can you please confirm if it's really life time status

I’ve never had any such issues.
I guess if you open the account by issuing a cheque of 10L you wont have this problem.

 

[technom]

I’ve never had any such issues.
I guess if you open the account by issuing a cheque of 10L you wont have this problem.

Ah.. that makes some sense. He has a salary account and accumulated funds over a period of time and then leading to upgrades