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!

 

[SSV]

Idfc branches have different criteria depending on the location. If u ask in Mumbai or other cities they will ask for maintaining 10l for 3 months. But I got upgraded to wealth by maintaining only 5l for 3 months as advised by my branch official in a tier 3 city... Once upgraded u don't need to maintain any balance as it's a zero balance wealth account but don't know for how long. Idfc may suddenly start sending mails for maintaining minimum AMB

This is true, different criteria for different people.
I only funded 10L for a few minutes to get Wealth upgrade..exactly about an year ago..
Here it is my experience:

Post in thread 'IDFC First Wealth Account eligibility requirement and benefits' https://www.technofino.in/community...ty-requirement-and-benefits.17926/post-494328

 

[sambitpatro]

This is true, different criteria for different people.
I only funded 10L for a few minutes to get Wealth upgrade..exactly about an year ago..
Here it is my experience:

Post in thread 'IDFC First Wealth Account eligibility requirement and benefits' https://www.technofino.in/community...ty-requirement-and-benefits.17926/post-494328

I read ur post about getting infinia by purchasing ULIP. Did u get it done in a branch in Mumbai? slightly off the topic of discussion over here

 

[SSV]

I read ur post about getting infinia by purchasing ULIP. Did u get it done in a branch in Mumbai?

No..
same ... sitting from home.. in Hyderabad..