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.

 

[ashwinkashwink is verified member.]

ಈ ಮಧ್ಯೆ ನಾನು ಯಾವುದೇ ಭಾಷೆಯನ್ನು ಕರಗತ ಮಾಡಿಕೊಳ್ಳಲು Google ಅನುವಾದವನ್ನು ಬಳಸುತ್ತಿದ್ದೇನೆ

Google Anuvada 😅

 

[aayusharyan]

Nah I was born in Karnataka and raised in Maharashtra and visit Hyderabad occasionally.
I also know marwadi and fluent Hindi and learning punjabi just out of curiosity

You are the Multi in Multi Lingual.

 

[Vasuki]

I moved all the funds and closed the account today

Icici bank misses you to mis treat again 😓.
Please come back soon
For no banking experience just good UI app

 

[Batman]

6L in FD?

Yeah I primarily invest in the markets. This is spare emergency money. I plan to take it out and keep in IDFC savings savings account.

 

[RadioactiveTabela]

I tried applying for Legend + Select Account combo on Indusind website. Picked indusind because a branch is bang opp. my house.

I was offered only Platinum CC and Aura Edge CC as LTF with 30k limit. I forgot which one I picked, both looked equally useless. I picked one randomly because LTF + indus merchant discounts. But then portal also offered me a 0 MQB Indus Advantage savings account: https://www.indusind.com/content/dam/indusind-corporate/Other/SoC-Indus-Advantage.pdf

If CC issue + account opening is smooth enough, I'm moving my business from ICICI WM to Indus Advantage.

Update: IndusInd rejected my CC application.

Can y’all please recommend an account for daily expenses to replace ICICI WM. Requirement:
zero MAB
free debit card
free chequebook
good UPI uptime and support if UPI transaction fails

Don’t really care about other benefits like lounge access or cash back. High IP is also fine, but should be 0 MAB thereafter.

 

[Akashn]

Update: IndusInd rejected my CC application.

Can y’all please recommend an account for daily expenses to replace ICICI WM. Requirement:
zero MAB
free debit card
free chequebook
good UPI uptime and support if UPI transaction fails

Don’t really care about other benefits like lounge access or cash back. High IP is also fine, but should be 0 MAB thereafter.

Try HDFC classic (1L IP)/preferred (2L IP) banking..

 

[varun__goel_]

Update: IndusInd rejected my CC application.

Can y’all please recommend an account for daily expenses to replace ICICI WM. Requirement:
zero MAB
free debit card
free chequebook
good UPI uptime and support if UPI transaction fails

Don’t really care about other benefits like lounge access or cash back. High IP is also fine, but should be 0 MAB thereafter.

Cheque idfc future first, but their support is 💩, takes a lot of time
Au sfb - dc 177/yr recoverable as rupay platinum

 

[SSV]

Update: IndusInd rejected my CC application.

Can y’all please recommend an account for daily expenses to replace ICICI WM. Requirement:
zero MAB
free debit card
free chequebook
good UPI uptime and support if UPI transaction fails

Don’t really care about other benefits like lounge access or cash back. High IP is also fine, but should be 0 MAB thereafter.

Axis liberty , technically not 0 MAB but if you spend 25 k every month, it is 0 MAB..
If you spend 25k every month, it’s 0 MAB + 750 CB quarterly

 

[SSV]

Update: IndusInd rejected my CC application.

Can y’all please recommend an account for daily expenses to replace ICICI WM. Requirement:
zero MAB
free debit card
free chequebook
good UPI uptime and support if UPI transaction fails

Don’t really care about other benefits like lounge access or cash back. High IP is also fine, but should be 0 MAB thereafter.

Axis liberty , technically not 0 MAB but if you spend 25 k every month, it is 0 MAB..
If you spend 25k every month, it’s 0 MAB + 750 CB quarterly

More details here:

Thread 'Axis Bank Liberty Savings Account Benefits'
https://www.technofino.in/community/threads/axis-bank-liberty-savings-account-benefits.1504/

 

[Vasuki]

Update: IndusInd rejected my CC application.

Can y’all please recommend an account for daily expenses to replace ICICI WM. Requirement:
zero MAB
free debit card
free chequebook
good UPI uptime and support if UPI transaction fails

Don’t really care about other benefits like lounge access or cash back. High IP is also fine, but should be 0 MAB thereafter.

Icici 10k account with 95k plus initial funding .zero balance account . As suggested by some member here

 

[shrewdoc]

Icici 10k account with 95k plus initial funding .zero balance account . As suggested by some member here

He wants to move from ICICI WM and you're suggesting getting ICICI Privilege Banking 😂🤣

 

[Vasuki]

He wants to move from ICICI WM and you're suggesting getting ICICI Privilege Banking 😂🤣

WITH WM u get few less intrest on car loan which u don't want & rewadles ltf card .. icici is same for all its customer - in dissapointing

 

[aayusharyan]

WITH WM u get few less intrest on car loan which u don't want & rewadles ltf card .. icici is same for all its customer - in dissapointing

The higher your tier with ICICI, the higher is Disappointment, mostly because you expect them to have relaxed conditions, which they don;t have. Equally bad for all. /s

 

[SSV]

The higher your tier with ICICI, the higher is Disappointment, mostly because you expect them to have relaxed conditions, which they don;t have. Equally bad for all. /s

So, ICICI is strictly following the democratic rule of “ All are equal “ very seriously!!

 

[aayusharyan]

So, ICICI is strictly following the democratic rule of “ All are equal “ very seriously!!

Yeah. The only reason I am still with ICICI is because the people at my home branch are very nice... Incompetent, but really good people. So, I don't want to leave that relationship. Hehehe

 

[palen]

Update: IndusInd rejected my CC application.

Can y’all please recommend an account for daily expenses to replace ICICI WM. Requirement:
zero MAB
free debit card
free chequebook
good UPI uptime and support if UPI transaction fails

Don’t really care about other benefits like lounge access or cash back. High IP is also fine, but should be 0 MAB thereafter.

IDFC will check all boxes except for zero mab. Get their 10k mab account.

 

[kjs]

is home loan of around 40L considered as part of TRV or NRV with ICICI Bank ?

 

[kjs]

I have a salary account in ICICI bank. Upon my request to Bank via email, they upgraded my account to wealth. But they said since its an upgrade, I won't be receiving on welcome kit (I was more interested in the leather pouch)... I can only raise request for debit card and cheque book. Is this true?

@TechnoFino , please comment

what is the salary range that is getting credited to the account ?

 

[kjs]

Dk for Wealth butttt

Yes It is considered for Privilege Banking Program provided it is 50L. But Ig, you can try negotiating with 40L for the Program.
In fact, even you have a monthly Avg Balance of ₹1 L, you can register for Privilege Banking Program along with your family members It is similar to hdfc classic. Idk the if MAB charges are there or not.... so just chck tht once.
Mostly shouldn't be there, since it's a program and not a savings acc variant....

I am currently under titanium privilege program , initially It was my salary account but salary has stopped crediting sine last 6 months but Credit card consolidated limit is 8.5L and this is the reason it is still privilage.

Family 360 Banking - ICICI Bank

Complete banking solutions for your personal, business and family needs

www.icicibank.com

 

[vijay.vj]

what is the salary range that is getting credited to the account ?

Salary is 1.7L credit, upgrade based on salary is denied. Mine is done with 50L ITR.