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.

 

[Akashn]

I was maintaining 1 lac in it but today when I checked the app it's not black theme anymore. In account details it says MAB is 25K. Is it time to close this account now ?

So finally downgrade happened.. My account is now 10k mab.. Any DC charges?

 

[Deleted member 11974]

not now
but you will start facing nmc charges i guess and atm fees

 

[Akashn]

not now
but you will start facing nmc charges i guess and atm fees

I am maintaining more than 10K anyway.. Just curious about DC charges

 

[Vasuki]

Equally weighted with balances, right? I mean, Wealth Management with a huge wealth of zero lakh or zero crores would not really get us anything, I'd think.

Couldn't understand .. rewrite

 

[phoenix1386]

Couldn't understand .. rewrite

Account variant would be useless if the account never sees any balance sufficient for the bank to consider giving offers, is what I meant. I upgrade to WM today, and tomorrow onwards I never keep a single Rupee in it. Or, keep just a couple thousand. How can I expect the bank to offer me anything with that kind of relationship, even though technically the account variant is WM?

 

[Vasuki]

Account variant would be useless if the account never sees any balance sufficient for the bank to consider giving offers, is what I meant. I upgrade to WM today, and tomorrow onwards I never keep a single Rupee in it. Or, keep just a couple thousand. How can I expect the bank to offer me anything with that kind of relationship, even though technically the account variant is WM?

I have 10k zero blance account.. will try to maintain 30-50k ..for few months

 

[vine]

For a wealth management account, which credit card can we ask for? I have Coral & amazon cards now.
(RMs are waste, they simply say no upgrade offers now).

 

[TheTrickySid]

RMs are waste

Same goes for ICICI cards.

 

[Vasuki]

For a wealth management account, which credit card can we ask for? I have Coral & amazon cards now.
(RMs are waste, they simply say no upgrade offers now).

Shappire ....... Only shining gem 😂
Else u have everything best icici can offer

Or get anything u get ltf from icici . good for collection & instant discount

 

[imdjay]

For a wealth management account, which credit card can we ask for? I have Coral & amazon cards now.
(RMs are waste, they simply say no upgrade offers now).

No cc offered under WM now.

 

[Rahul Gupta]

Equally weighted with balances, right? I mean, Wealth Management with a huge wealth of zero lakh or zero crores would not really get us anything, I'd think.

account variant + 5 times MAB for lower accounts and two times MAB for HNI.

 

[Vasuki]

account variant + 5 times MAB for lower accounts and two times MAB for HNI.

10 k account
50k balance ??

 

[Rahul Gupta]

10 k account
50k balance ??

For hpcl coral yes. 1 lakh for regular coral.

 

[darjeeronak]

Hello - My ICICI Wealth Account also seems to be downgraded. I see Red color. I had initially opened it by providing a cheque of 10L. Now, I am maintaining around 3-4L, although it has been a zero-balance account. Has anyone experienced the same? What should be the next step now?

 

[Akashn]

Hello - My ICICI Wealth Account also seems to be downgraded. I see Red color. I had initially opened it by providing a cheque of 10L. Now, I am maintaining around 3-4L, although it has been a zero-balance account. Has anyone experienced the same? What should be the next step now?

Yes. Nothing can be done now.. Though contact your RM

 

[BhaiyaJi]

Hello - My ICICI Wealth Account also seems to be downgraded. I see Red color. I had initially opened it by providing a cheque of 10L. Now, I am maintaining around 3-4L, although it has been a zero-balance account. Has anyone experienced the same? What should be the next step now?

Same bro, I have 6 yrs old account. I was told it will be 0 MAB account but now they have downgraded it. I guess red color means privilege account. Its still showing 0 MAB on netbanking.

 

[talkwithfino]

red color means privilege account

it does mean....
And Privilege Banking is also written on top left (same place as wealth management)

Its still showing 0 MAB on netbanking.

So it might be zero balance Privilege Banking account. You can confirm from customer care once

 

[BhaiyaJi]

it does mean....
But Privilege Banking is also written on top left (same place as wealth management)

So it might be zero balance Privilege Banking account. You can confirm from customer care once

Bro for wealth account also it was showing 0 MAB but they still downgraded it.

 

[darjeeronak]

How to regain wealth status? Also, has someone regained their wealth status after a downgrade?

 

[jack333]

How to regain wealth status? Also, has someone regained their wealth status after a downgrade?

Is se accha asli wealth kamane pe dhyan do @S S V baba idhar kuch gyan dijiye 🤣