IDFC Future First Savings Account

[Walter White]

Thinking of opening a Future First Savings Account with IDFC Bank. The services are more or less similar to a premium account at any bank with no MAB or Debit Card charges (Visa Signature is being offered).

Anyone who is using it currently, how has been the experience?

 

[quino]

i just had 10L idle funds for a week or two so decided to go with upgrade and withdraw the money
if they downgrade or charge me any amount i will close the account

they won't downgrade, yet to hear any downgrade happening in idfc. but nmc can indeed happen.

 

[quino]

@xywowowvw @Rahul Gupta could you tell us if the second account was created under the same Customer Id or a different customer Id was created?

 

[Deleted member 11974]

@xywowowvw @Rahul Gupta could you tell us if the second account was created under the same Customer Id or a different customer Id was created?

same customer id for me

 

[Deleted member 11974]

they won't downgrade, yet to hear any downgrade happening in idfc. but nmc can indeed happen.

i confimred on call as well as twitter they told me no nmc
but if any charges are levied thats when i close my account

 

[Rahul Gupta]

@xywowowvw @Rahul Gupta could you tell us if the second account was created under the same Customer Id or a different customer Id was created?

Same customer id. Btw my future first also shows under wealth program. Customer care said its on customer id lvl, not account specific. My rewards are also being calculated as wealth account irrespective of which dc i use.

 

[Rahul Gupta]

i confimred on call as well as twitter they told me no nmc
but if any charges are levied thats when i close my account

Keep regular account MAB otherwise you will be charged NMC. Don't loose such a good account for 10-25k maintainance.

 

[quino]

Same customer id. Btw my future first also shows under wealth program. Customer care said its on customer id lvl, not account specific. My rewards are also being calculated as wealth account irrespective of which dc i use.

since both accounts are now coming under the customerId which is in wealth program, i wonder what will happen if you close the 10/25k account and only keep the future first account.

will you continue to be part of wealth program? with only 1 account under it (future first)

 

[Deleted member 11974]

Keep regular account MAB otherwise you will be charged NMC. Don't loose such a good account for 10-25k maintainance.

i have hdfc preffered
scb priority
icici wealth select
sbm wealth
if they charge nmc so be it will close it
wanted wealth account to try for wealth cc upgrade

 

[Deleted member 11974]

also they told me on a recorded call there will be 0 mab requirement

 

[quino]

someone on this forum has upgraded his future first to wealth

@0xfallup could you share the link of the same. i've searched a lot

 

[0xfallup]

@0xfallup could you share the link of the same. i've searched a lot

bro will send once i find , but i am sure he upgraded his future first account as per his statement

 

[quino]

scb priority

can you tell us how you opened this account? and how much you are maintaining currently, any charges/downgrades?

 

[Deleted member 11974]

can you tell us how you opened this account? and how much you are maintaining currently, any charges/downgrades?

a family member worked at scb and the salary credit were in line with the requirement for priority banking
so family banking led to me getting a priority account
now i dont maintain any balance in it
havent check regarding downgrades
mostly they might have downgraded me without any charges
becuase no charges have been levied for the same

 

[quino]

a family member worked at scb and the salary credit were in line with the requirement for priority banking
so family banking led to me getting a priority account
now i dont maintain any balance in it
havent check regarding downgrades
mostly they might have downgraded me without any charges
becuase no charges have been levied for the same

niceeee. in sc priority if the primary holder in family banking maitains criteria, all family members can enjoy the benefits without any need to maintain balance

 

[Deleted member 11974]

i rarely use this account
i mainly use icici for all my transactions since that account is 18+ years so it is linked everywhere

 

[Rahul Gupta]

i have hdfc preffered
scb priority
icici wealth select
sbm wealth
if they charge nmc so be it will close it
wanted wealth account to try for wealth cc upgrade

Brother icici wealth select? Kya karte ho itne useless highend account ka? I mean maintain karna compulsory h ya ni?

 

[Rahul Gupta]

niceeee. in sc priority if the primary holder in family banking maitains criteria, all family members can enjoy the benefits without any need to maintain balance

This is same for all HNI accounts of every bank.

 

[Deleted member 11974]

Brother icici wealth select? Kya karte ho itne useless highend account ka? I mean maintain karna compulsory h ya ni?

demat,
home loan
loan on cc yeh sab hi hai nrv
bank balance jyada nahi hai

 

[quino]

just talked to a guy in idfc. he mentioned 2 interesting things:

1. on opening 25k account & upgrading the same to select/wealth, you don't need to maintain that 25k balance too.
2. in future first account, debit card charges are applicable.

i would like to ask if anyone:

1. having select/wealth got non-maintainance charges applied
2. having future first account got debit card charged applied, if so how much? and any other charges you got?

 

[Deleted member 11974]

just talked to a guy in idfc. he mentioned 2 interesting things:

1. on opening 25k account & upgrading the same to select/wealth, you don't need to maintain that 25k balance too.
2. in future first account, debit card charges are applicable.

i would like to ask if anyone:

1. having select/wealth got non-maintainance charges applied
2. having future first account got debit card charged applied, if so how much? and any other charges you got?

i wasnt levied any debit card charges for future firsy