Indulging with Indus Exclusively :) :D

[anirban.choudhuryanirban.choudhury is verified member.]

Good Day Everyone,

This post is about my journey with IndusInd , this will be a little different post than the ICICI one as I will not be discussing about the fees plan associated with my card instead this post will mostly be related to my journey with IndusInd. So back in Oct 2022 , I applied for IndusInd Legend card through their online channel and was approved with a limit of 9 lakhs , however when I received my card the limit given was 5 lakhs , within 20 days of using my card I received a message that my card limit has been enhanced to 9 lakhs . Fast forward March 2023, I took an upgrade from Legend to Indulge credit card. Post that I came to know as per the SOB of exclusive savings account , one can maintain an exclusive account with 0 fund if an Indulge/Pinnacle credit card can be linked to account as surrogate . Till this time I had no banking relation with IndusInd , so I had to 2 options either open a basic 0 MAB account with IndusInd online and then get that upgraded to Exclusive account from branch or to directly open a Exclusive account online
I am not a fan of HNI banking and also as per principle I never open a account with huge IP just for credit card . So point 1 seems more feasible to me , I went ahead and opened a 0 MAB account online and got a virtual DC and a physical Titanium DC charged 249 Rs. Post completing my VKYC , I visited IndusInd branch and submitted the upgrade form to upgrade my account to Exclusive , the upgrade was processed in 7 days as 3 days were taken for approval as my account didn’t had the minimal balance required for Exclusive account . Post the upgrade I received my welcome kit which had a visa signature DC , also just when my account got upgraded I raised a request through phone banking to give a MC Exclusive DC as well , so I received both my Visa and MC DC .
P.S - I also tried to get Pioneer World Heritage Credit Card but that request was denied as I don’t have any Pioneer relation with Indus Ind
IndusInd gives 5 add-on cards so I took all 5 for my family members, Indulge add-on also gets unlimited lounge access through PP
Below is a picture of my current portfolio with IndusInd

Cheers

 

[anirban.choudhuryanirban.choudhury is verified member.]

minimum balance reqd for exclusive account is

0 if you have indulge or pinnacle credit card

 

[tryabp]

UPDATED COMMENT

@anirban.choudhury I visited the branch and RM and they have no idea about this alternatives to MAB for exclusive and other premium account variants. I have requested RM to do needful and give me account upgrade. I have already upgraded Pinnacle card to Vistara hence card option is out of option. I am trying under 'General Insurance' premium category as per SOB - for Exclusive its 20k and i bought health insurance from Indusind hence i am eligible for that.

UPDATE: RM referred me to BM and we had good discussion today regarding the Grande account. Which gives additional benefits. Also, BM is aware of surrogate method for the account. I am going with Indus Grande Account as it offers more value.

Indus Grande' Gives:
-All Features of Exclusive
+ LTF Pinnacle Credit Card (50k min spend in 3 months condition)
+ Paid Pioneer Debit Card (2999Rs)
+LTF Grande' Debit Card
+LTF Signature Debit Card
+Free Locker for 1st year (75% Discount next year)
+Discount Rates for Loan Products & Processing Fee



I want to ask you and everyone here if anyone tried this method? This condition for premium is for single premium or can we combine more than one products and be eligible for higher variant like 'Grande' where 50k premium requirement.

 

[Deveshm18]

Hi all,
I'm planning to get a exclusive account by linkiny my pinnacle cc to make it 0mab. I went through about 11 pages in the thread and wanted to ask a few queries.

1. What is the better route according to people who opened a new bank account. Should I do online 0mab -> visit branch and convert to exclusive -> link cc or should I directly approach a branch and open exclusive account
2. I stay in Delhi, will they convert to exclusive with 1Lakh initial funding? What is the least initial funding I can expect?
3. Does anyone have any experience with indusind branches in delhi (south delhi preferably), I was reading a few reviews for branches near my house and the branches don't have good google reviews.

Thank you, sorry if I'm asking questions that have already been answered

 

[4uziaul]

Hi all,
I'm planning to get a exclusive account by linkiny my pinnacle cc to make it 0mab. I went through about 11 pages in the thread and wanted to ask a few queries.

1. What is the better route according to people who opened a new bank account. Should I do online 0mab -> visit branch and convert to exclusive -> link cc or should I directly approach a branch and open exclusive account
2. I stay in Delhi, will they convert to exclusive with 1Lakh initial funding? What is the least initial funding I can expect?
3. Does anyone have any experience with indusind branches in delhi (south delhi preferably), I was reading a few reviews for branches near my house and the branches don't have good google reviews.

Thank you, sorry if I'm asking questions that have already been answered

Always open a higher variant account offline with an initial funding. This way, you will maintain a good relationship with your bank, and they will assist you with any issues. The minimum amount required is 1L.

 

[tryabp]

Hi all,
I'm planning to get a exclusive account by linkiny my pinnacle cc to make it 0mab. I went through about 11 pages in the thread and wanted to ask a few queries.

1. What is the better route according to people who opened a new bank account. Should I do online 0mab -> visit branch and convert to exclusive -> link cc or should I directly approach a branch and open exclusive account
2. I stay in Delhi, will they convert to exclusive with 1Lakh initial funding? What is the least initial funding I can expect?
3. Does anyone have any experience with indusind branches in delhi (south delhi preferably), I was reading a few reviews for branches near my house and the branches don't have good google reviews.

Thank you, sorry if I'm asking questions that have already been answered

Yes, go with offline opening as you can have direct contact with branch person and this will be beneficial in long run.

 

[Bugs Bunny]

Always open a higher variant account offline with an initial funding. This way, you will maintain a good relationship with your bank, and they will assist you with any issues. The minimum amount required is 1L.

Haan aisa krna sai haii, you can open exclusive account with initial funding then link your pinnacle and withdraw your 1L, Bingo you have 0mab exclusive account.

 

[V360V360 is verified member.]

UPDATED COMMENT

@anirban.choudhury I visited the branch and RM and they have no idea about this alternatives to MAB for exclusive and other premium account variants. I have requested RM to do needful and give me account upgrade. I have already upgraded Pinnacle card to Vistara hence card option is out of option. I am trying under 'General Insurance' premium category as per SOB - for Exclusive its 20k and i bought health insurance from Indusind hence i am eligible for that.

UPDATE: RM referred me to BM and we had good discussion today regarding the Grande account. Which gives additional benefits. Also, BM is aware of surrogate method for the account. I am going with Indus Grande Account as it offers more value.

Indus Grande' Gives:
-All Features of Exclusive
+ LTF Pinnacle Credit Card (50k min spend in 3 months condition)
+ Paid Pioneer Debit Card (2999Rs)
+LTF Grande' Debit Card
+LTF Signature Debit Card
+Free Locker for 1st year (75% Discount next year)
+Discount Rates for Loan Products & Processing Fee



I want to ask you and everyone here if anyone tried this method? This condition for premium is for single premium or can we combine more than one products and be eligible for higher variant like 'Grande' where 50k premium requirement.

Bro negotiate for Pioneer account and BM will oblige.

 

[KLB@96]

I have select account and I only one one visa debit card can I get another debit card if yes how ?

 

[smuff]

I have select account and I only one one visa debit card can I get another debit card if yes how ?

Try calling customer care. They may or may not agree. Branch staff will do it easily.

 

[Shubham Yadav]

I have select account and I only one one visa debit card can I get another debit card if yes how ?

IndusInd bank Select Savings Account and Legend Credit Card

Apologies for the delay in response. In the IndusMobile app click the sandwich icon in the top left -> Link Relationships -> Link Credit Card. So you linked account with mobile netbanking first or credit card

www.technofino.in

 

[starstruck]

I have select account and I only one one visa debit card can I get another debit card if yes how ?

Apply from the the mobile app.

 

[tryabp]

Anyone here got 3rd Credit Card with Indusind ? Is there any special approval or process ? I already have Vistara Explorer & Eazydiner Card with Indus and i have opened Grande account and applied for free Pinnacle Card. BM / RM & Credit Card person have no idea as they are also doing this first time.

 

[D7162]

@VISHESH_BANSAL Are you still using all 3 Indus debit cards ? My Select current account Master card transactions are being declined

 

[VISHESH_BANSAL]

@VISHESH_BANSAL Are you still using all 3 Indus debit cards ? My Select current account Master card transactions are being declined

Yes .
All Four.

 

[D7162]

Ok, Just checked in netbanking, card shows active but showing transaction limit as zero. I cant change as its not showing in my app, no limit set option in netbanking as well, they have own portal for debit card limit management but its throwing error as well, so hard part - have to call cc 😴

 

[Odugu Narasimha Rao]

When will receive the vouchers when bill amount paid?

 

[itsds]

Good Day Everyone,

This post is about my journey with IndusInd , this will be a little different post than the ICICI one as I will not be discussing about the fees plan associated with my card instead this post will mostly be related to my journey with IndusInd. So back in Oct 2022 , I applied for IndusInd Legend card through their online channel and was approved with a limit of 9 lakhs , however when I received my card the limit given was 5 lakhs , within 20 days of using my card I received a message that my card limit has been enhanced to 9 lakhs . Fast forward March 2023, I took an upgrade from Legend to Indulge credit card. Post that I came to know as per the SOB of exclusive savings account , one can maintain an exclusive account with 0 fund if an Indulge/Pinnacle credit card can be linked to account as surrogate . Till this time I had no banking relation with IndusInd , so I had to 2 options either open a basic 0 MAB account with IndusInd online and then get that upgraded to Exclusive account from branch or to directly open a Exclusive account online
I am not a fan of HNI banking and also as per principle I never open a account with huge IP just for credit card . So point 1 seems more feasible to me , I went ahead and opened a 0 MAB account online and got a virtual DC and a physical Titanium DC charged 249 Rs. Post completing my VKYC , I visited IndusInd branch and submitted the upgrade form to upgrade my account to Exclusive , the upgrade was processed in 7 days as 3 days were taken for approval as my account didn’t had the minimal balance required for Exclusive account . Post the upgrade I received my welcome kit which had a visa signature DC , also just when my account got upgraded I raised a request through phone banking to give a MC Exclusive DC as well , so I received both my Visa and MC DC .
P.S - I also tried to get Pioneer World Heritage Credit Card but that request was denied as I don’t have any Pioneer relation with Indus Ind
IndusInd gives 5 add-on cards so I took all 5 for my family members, Indulge add-on also gets unlimited lounge access through PP
Below is a picture of my current portfolio with IndusInd

Cheers

I have IndusInd Bank ICONIA AMEX Credit Card , will this card useful to convert 0 MAB Delite saving account to 0 MAB Exclusive Saving Account ?

 

[4uziaul]

I have IndusInd Bank ICONIA AMEX Credit Card , will this card useful to convert 0 MAB Delite saving account to 0 MAB Exclusive Saving Account ?

Only Indulge or Pinnacle.

 

[itsds]

Only Indulge or Pinnacle.

Thanks , does not offline branch know about this that we can link either Indulge or Pinnacle CC to Exclusive saving account to make it 0 MAB ?

 

[itsds]

Only Indulge or Pinnacle.

and is there any sequence we need follow to get credit card and then open saving account or vice versa ?