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

 

[Finchamp!]

Hi Fam!

I was wondering that has someone opened Indusind Grande, obtained Pinnacle Credit card for free with it (part of the deal!), thereafter closed the Grande account and used the continuing Pinnacle Card as a surrogate for Indusind Exclusive Account.

This would save an individual the one-time fee for the credit card and also make the exclusive accounts zero Balance. While this seems long-drawn, I want to know if someone has tried this hack, and, if yes, has it worked?

 

[mr_vasanth]

You need pinnacle cc to get NMC waiver in exclusive account.

How to get pinnacle LTF ?

 

[4uziaul]

How to get pinnacle LTF ?

Pinnacle is a LTF card; whether you pay the joining fees depends on the bank's policy. Another way to avoid the joining fees is by opening a Grande account and then applying for the Pinnacle card, which is free with the account.

 

[binno]

Pinnacle is a LiTF card; whether you pay the joining fees depends on the bank's policy. Another way to avoid the joining fees is by opening a Grande account and then applying for the Pinnacle card, which is free with the account.

conditional ltf ? Like if we downgrade the account .. ltf is removed or not ?

 

[4uziaul]

conditional ltf ? Like if we downgrade the account .. ltf is removed or not ?

It's a LTF card; the only condition is whether you will be charged joining fees or not.


Even after downgrading your account, your card will remain LTF.

 

[Finchamp!]

Does one still get the welcome rewards if he gets the Pinnacle card for free by opening Grande Account?

 

[4uziaul]

Does one still get the welcome rewards if he gets the Pinnacle card for free by opening Grande Account?

If you get it for free, you get nothing. 🤭

 

[Enthusiast]

No need to close
When you get upgraded, you will get a welcome kit which would have visa signature card , you can call customer care separately and ask for a MC card as well
I have 4 active cards
1 virtual
1 Titanium Dc
1 visa
1 MC

With Kit, i rcvd Visa card and in the mobile app i can see a virtual card also...
Any added benefit for Master card?

 

[Finchamp!]

If you get it for free, you get nothing. 🤭

Thought so 😜

 

[Finchamp!]

@4uziaul : In case I take Pinnacle through Grande and thereafter downgrade Grande to Exclusive, in that case, will the Grande Debit Card remain valid post-downgarding. Or they too will cease automatically?

 

[Finchamp!]

Also, if I make an exclusive account zero balance through Pinnacle, then will only that account become zero balance or its add-ons will become zero balance too?

 

[4uziaul]

@4uziaul : In case I take Pinnacle through Grande and thereafter downgrade Grande to Exclusive, in that case, will the Grande Debit Card remain valid post-downgarding. Or they too will cease automatically?

You can keep using the debit card until renewal.

 

[4uziaul]

Also, if I make an exclusive account zero balance through Pinnacle, then will only that account become zero balance or its add-ons will become zero balance too?

Add-ons too up to 8 accounts.

 

[Finchamp!]

You can keep using the debit card until renewal.

But in grande card there is no renewal fee. So basically, I can keep using forever? 🤔

 

[4uziaul]

But in grande card there is no renewal fee. So basically, I can keep using forever? 🤔

What was your original question, and what was my response to that? And where did I say anything about fees?

 

[Finchamp!]

What was your original question, and what was my response to that? And where did I say anything about fees?

No. I was trying to understand your response..please don't get me wrong. So when I asked you that even if I downgrade, will grande DC continue?..to which you said "You can keep using the debit card until renewal". Now since grande DC does not have any renewal, I can basically keep using it forever against the downgraded exclusive account, right?

 

[4uziaul]

No. I was trying to understand your response..please don't get me wrong. So when I asked you that even if I downgrade, will grande DC continue?..to which you said "You can keep using the debit card until renewal". Now since grande DC does not have any renewal, I can basically keep using it forever against the downgraded exclusive account, right?

How can you keep using it forever if the card will expire one day, especially since it's free for a Grande account? What do you think will happen once it expires?

 

[Finchamp!]

How can you keep using it forever if the card will expire one day, especially since it's free for a Grande account? What do you think will happen once it expires?

After expiry I will obviously be issued a new exclusive DC. But that was not what your earlier msgs connoted. I was confused with your use of the word "renewal" with some annual renewal or something, as opposed to renewal upon expiration. Anyways, it's clear now.

 

[Rahul_diwan]

It's a LTF card; the only condition is whether you will be charged joining fees or not.


Even after downgrading your account, your card will remain LTF.

I recently applied for pinnacle on behalf of Grande. Received the same Yesterday and spent 50K already.

Any idea when can I downgrade to Exclusive? Card already linked on the app. Thanks

 

[Rahul Gupta]

I recently applied for pinnacle on behalf of Grande. Received the same Yesterday and spent 50K already.

Any idea when can I downgrade to Exclusive? Card already linked on the app. Thanks

You can downgrade anytime now.