IDFC First Wealth Account eligibility requirement and benefits

[Quantum]

Hello,

IDFC website doesn't seem to list the eligibility criteria for opening an IDFC First Wealth Account.
From your recent first hand experience, could you please share the eligibility criteria?
Does the criteria need to be maintained throughout the lifetime of the Wealth account, similar to Axis Burgundy account, to avoid account downgrade?
Also, what credit cards one can expect or negotiate to get offered?
FYI, I'm not an existing IDFC customer.
Thanks!

 

[TheGuy]

Should I visit the nearest branch? Is there any other way to open account? Branch is 10kms away 😒

Yes. No. Tough Break.

 

[vasanth_ece]

Any benefits of opening Wealth Account apart from getting Wealth credit card?

 

[TheGuy]

apart from getting Wealth credit card

No, currently you don't get Wealth Credit Card or IIRC any CC based on Wealth Banking.

 

[vasanth_ece]

No, currently you don't get Wealth Credit Card or IIRC any CC based on Wealth Banking.

Then whats the benefit of wealth account?

 

[|V|]

Is urs upgraded? I got same mail, asked my vrm for upgrade today

Yes. Can see Wealth DC in the cards section.

 

[Ram1]

Yes. Can see Wealth DC in the cards section.

After how many days of receiving that mail?

 

[|V|]

After how many days of receiving that mail?

2 days I think

 

[MS R]

Quick question:

My RM sent a link for a wealth upgrade, but it mentions "onboarding process for privilege program" instead of wealth. He said the link is the same for Select, Wealth, and Private. Is this true? Can anyone confirm if the link is the same for a wealth upgrade by looking at the picture below?

 

[sm9811911]

Quick question:

My RM sent a link for a wealth upgrade, but it mentions "onboarding process for privilege program" instead of wealth. He said the link is the same for Select, Wealth, and Private. Is this true? Can anyone confirm if the link is the same for a wealth upgrade by looking at the picture below?

Yup he's right

 

[Cc_creditguy]

Guyz can we have 2 acc in idfc ??

 

[varun__goel_]

Guyz can we have 2 acc in idfc ??

Y e s

 

[Cc_creditguy]

Y e s

Can I use different numbers or same mobile number

 

[varun__goel_]

Can I use different numbers or same mobile number

No idea ...

 

[Chitra007]

IDFC is not upgrading my savings account to Wealth even after raising the concern to PNO. Also, it's been more than a month since I kept 10L+ balance in savings account.

 

[Ram1]

IDFC is not upgrading my savings account to Wealth even after raising the concern to PNO. Also, it's been more than a month since I kept 10L+ balance in savings account.

Pno or no can't do anything in wealth upgrades. They simply forward ur case to branch.
Ur Rm or branch BM should do actual process. Either they send link if preapproved or they should manually raise a request.

 

[sm9811911]

Pno or no can't do anything in wealth upgrades. They simply forward ur case to branch.
Ur Rm or branch BM should do actual process. Either they send link if preapproved or they should manually raise a request.

not only your RM, any other branch executive can do the same. So, try if you want to.

But why not just get Select? if you get now, can use in May month itself, then in June try again for Wealth. I dont think there is cool off period but please do your own research.
@Chitra007

 

[Random123]

I tried reaching out asking for upgrade after AMB of 10L for more than a month. Now they are mentioning the criteria is either 6 months of AMB of 10L or 3 months if you take any insurance with them 😀 Following footsteps of HDFC

 

[SpiesCan'tCatchMe]

I tried reaching out asking for upgrade after AMB of 10L for more than a month. Now they are mentioning the criteria is either 6 months of AMB of 10L or 3 months if you take any insurance with them 😀 Following footsteps of HDFC

They're just bluffing

 

[Random123]

They're just bluffing

Ya I know, atleast they before mentioned 3 months is fine. I just told many people got it with even maintaining for a month and he asked for their number !

 

[SpiesCan'tCatchMe]

Ya I know, atleast they before mentioned 3 months is fine. I just told many people got it with even maintaining for a month and he asked for their number !

Give him my number and I'll have a word with him