IDFC Select to Wealth upgrade

[EnthuCC]

Hi, I have IDFC savings bank account under Select banking program.

I learned in this forum that if one can deposit 10L+ in savings account then it can be upgraded to Wealth account. Can anyone tell me for how long one needs to deposit 10L+ fund to get eligible for the upgrade for existing Select customers?

 

[EnthuCC]

So if I open 10000 mab account in last week of sep and deposit 5 lakh by 28th, it should reflect as 5 lakh MAB by first week of Oct.
I can ask the RM to upgrade to wealth else I can close the account in 14 days without any penalty.
Kya kehte ho bidu?
Kar dun?

You can provide a cheque of 5L as initial deposit and get Select account directly.
You can mention bank that which variant of account do you want - Rs. 10k or 25k etc.

"Select" is banking program not account variant.

 

[theflash]

You can provide a cheque of 5L as initial deposit and get Select account directly.
You can mention bank that which variant of account do you want - Rs. 10k or 25k etc.

"Select" is banking program not account variant.

He mentioned Wealth of I'm not wrong.

 

[hellobois]

You can provide a cheque of 5L as initial deposit and get Select account directly.
You can mention bank that which variant of account do you want - Rs. 10k or 25k etc.

"Select" is banking program not account variant.

The DC with select account can be used for 2.5% cashback on CC payment?

 

[EnthuCC]

He mentioned Wealth of I'm not wrong.

I just noticed it. I might have misread it in hurry.

The DC with select account can be used for 2.5% cashback on CC payment?

You will get cashback using Select DC by paying through SBI Unipay.

For different card the reward structure is different https://www.firstrewards.com/user/earn