IndusInd Bank Select Account with Legend Credit Card

[itssudiptadas]

Hi, I need some information I have an account indusind bank (exclusive account) a month ago a i applied for legend credit card and I got it. Now I think about downgrade exclusive to select account and link with legend credit card.
I have 2 more accounts in family group, if I downgrade my account other family members account will automatically downgrade or they have to give concern separately.
After downgrade debit card generate automatically or we have to request through RM/CC for all members?
And if I link my account with legend credit card and make it zero balance, my family members Account will be zero balance or they have to maintain. No one give perfect answer even customer care or RM/DBM.

 

[Rebel]

I have legend credit card, now if I open select account and fund 50k will it be a zero balance after linking with credit card? is this a online only process or branch visit mandatory? is there any other charges eg. debit card or any ?

 

[newIntern]

I have legend credit card, now if I open select account and fund 50k will it be a zero balance after linking with credit card? is this a online only process or branch visit mandatory? is there any other charges eg. debit card or any ?

if the account opening process is online then yes, you can open it & link your card and wait for a few days before you remove funds. it will be zero maintenance account but watch it for a few months to be 100% sure.

only account upgradation requires bank visit.

select variant DC will be free and you can get upto 2 DC (different type).

 

[TCxBlade]

Can anyone please give me the advantage of opening this Select account ??

 

[Manikanta Svm]

I have legend credit card, now if I open select account and fund 50k will it be a zero balance after linking with credit card? is this a online only process or branch visit mandatory? is there any other charges eg. debit card or any ?

yes its completely online process, once opened you can link credit card

 

[Rebel]

if the account opening process is online then yes, you can open it & link your card and wait for a few days before you remove funds. it will be zero maintenance account but watch it for a few months to be 100% sure.

only account upgradation requires bank visit.

select variant DC will be free and you can get upto 2 DC (different type).

Thanks, btw I already have user id for cc so at the step 3 or 4 it is asking for create user id or I have a user id which needs to be selected while opening the account online?

 

[Manikanta Svm]

Thanks, btw I already have user id for cc so at the step 3 or 4 it is asking for create user id or I have a user id which needs to be selected while opening the account online?

better create a new one for account and you can add by clicking hamburger option left corner ,select add exiting relationship ==> credit card and enter all the details
once added wait for 2 days atleast to sync(just incase) and send an email for confirmation select@indusind.com,reachus@indusind.com

 

[life]

Currently I have legend credit card and through that got the Select Bank account with No Minimum Balance; now I'm getting an upgrade on my Legend credit card to Pioneer Legacy; if i upgrade would my Select account still be NMB or switch to a regular account? I checked with my Local branch they said they are not sure.

 

[Manikanta Svm]

Currently I have legend credit card and through that got the Select Bank account with No Minimum Balance; now I'm getting an upgrade on my Legend credit card to Pioneer Legacy; if i upgrade would my Select account still be NMB or switch to a regular account? I checked with my Local branch they said they are not sure.

No it won't be 0AMB account, instead of upgrading card you can ask to provide a new card if possible along with split limit
legend +select account ==> 0AMB
indulge/pinnacle + exclusive ==> 0AMB

 

[Chhota Bheem]

Currently I have legend credit card and through that got the Select Bank account with No Minimum Balance; now I'm getting an upgrade on my Legend credit card to Pioneer Legacy; if i upgrade would my Select account still be NMB or switch to a regular account? I checked with my Local branch they said they are not sure.

Where did you get the upgrade option to pioneer legacy?

 

[Zeel]

You can upgrade regular account to select account later. But sometimes branch doesn't want to do that. Because they want new select account to be opened, so that they can meet their target.
And even they agree, they will ask for some fund in the account while upgrading

Yes and just today i have also visited the branch first for normal account opening and said to them that if i want to upgrade to select i can upgrade only after 3months period from the date of account opening in current variant so there is condition,

That if you have to upgrade newly opened account then it will be possible only after 3months of staying in that variant then only upgrade is possible

 

[TCxBlade]

Actually I have a legend Credit from 3 months but i want Select Saving Account from Indusind....Can anyone please help me for that, what should i do???

 

[sousnake]

Actually I have a legend Credit from 3 months but i want Select Saving Account from Indusind....Can anyone please help me for that, what should i do???

I recently did it.
1. Open select account with initial funding of 50k
2. Once account is open, link legend card with it & in app you will see both select account & legend card.
3. then confirm with cc that it is 0 balance
4. withdraw your money

 

[KGSIPO]

I recently did it.
1. Open select account with initial funding of 50k
2. Once account is open, link legend card with it & in app you will see both select account & legend card.
3. then confirm with cc that it is 0 balance
4. withdraw your money

How to confirm with CC . They never give straight answer except saying that the MAB will be zero if your account is linked with legend credit card

 

[TCxBlade]

I recently did it.
1. Open select account with initial funding of 50k
2. Once account is open, link legend card with it & in app you will see both select account & legend card.
3. then confirm with cc that it is 0 balance
4. withdraw your money

Is it ok, but my credit card is already link with indusind app???

 

[sousnake]

Is it ok, but my credit card is already link with indusind app???

that's fine. it was same with me.
just reinstall app after you get savings account detail & debit card. then login on app with savings account detail & then link credit card.

 

[TCxBlade]

that's fine. it was same with me.
just reinstall app after you get savings account detail & debit card. then login on app with savings account detail & then link credit card.

One last, you have opened account online or offline?

 

[sousnake]

One last, you have opened account online or offline?

online by myself. i don't visit branch.

 

[TCxBlade]

Hello, I have opened account online with the initial funding, so what's the next step should i want to do?? Please help me

After 10 min, got message from indusind bank that my account is ready to use and they linked virtual card in my account.

Now what should i do

 

[akki7163]

I am also in the same boat, having a legend card and want to open select account.

 

[sousnake]

I am also in the same boat, having a legend card and want to open select account.

Reiterating steps

1. Open select account with initial funding of 50k
2. Once account is open, link legend card with it & in app you will see both select account & legend card.
3. then confirm with cc that it is 0 balance
4. withdraw your money