Indusind Exclusive Savings Account - Downgrade happens??

[Anupama_Jha]

Hi folks,

I am looking to open Indusind Exclusive Savings account for 0 forex DC as I couldn't find any better option.

*Don't trust RBL + unserviceable (rural) location for CC and again won't take IDFC WOW🤡

I wanted to know,

1. Min. Initial funding required for it. For how much less can it be negotiated?

2. Since it's a premium account, and if MAB is not maintained then do DOWNGRADE👇🏻 happens or not like IDFC Select/Wealth or ICICI WM ?

**I tried applying for Pinnacle Cc as then no need to maintain MAB/TRV for holding exclusive status, but unfortunately got rejected.

TIA🤗

 

[Anindya98]

I am looking to open Indusind Exclusive Savings account for 0 forex DC as I couldn't find any better option.

Niyo Global DC & CC both offering 0 Forex Charges
RBI recently lifted BAN from SBM Niyo Global DC

 

[Anupama_Jha]

Niyo Global DC & CC both offering 0 Forex Charges
RBI recently lifted BAN from SBM Niyo Global DC

These are Fintech, and I heard NIYO recently made some changes, i.e cash withdrawal charges or something related.

Any experience with Indusind?

 

[Vasuki]

Hi folks,

I am looking to open Indusind Exclusive Savings account for 0 forex DC as I couldn't find any better option.

*Don't trust RBL + unserviceable (rural) location for CC and again won't take IDFC WOW🤡

I wanted to know,

1. Min. Initial funding required for it. For how much less can it be negotiated?

2. Since it's a premium account, and if MAB is not maintained then do DOWNGRADE👇🏻 happens or not like IDFC Select/Wealth or ICICI WM ?

**I tried applying for Pinnacle Cc as then no need to maintain MAB/TRV for holding exclusive status, but unfortunately got rejected.

TIA🤗

1- 2 lakh iP
1 lakh mab

2- free with pinnacle cc ,
There is non maintenance fees if u don't maintain

So u will be charged

 

[Anindya98]

Any experience with Indusind?

I have Indusind Visa Select DC not sure about the forex charges

 

[Anupama_Jha]

1- 2 lakh iP
1 lakh mab

2- free with pinnacle cc ,
There is non maintenance fees if u don't maintain

So u will be charged

Thanks. Got it

 

[Anindya98]

Any experience with Indusind?

• INDIE's VISA Signature Debit Card: Offers zero forex markup on international purchases and ATM withdrawals. This can save you around 4% on foreign expenses compared to other cards.

 

[Anupama_Jha]

• INDIE's VISA Signature Debit Card: Offers zero forex markup on international purchases and ATM withdrawals. This can save you around 4% on foreign expenses compared to other cards.

Got it. Requires 50k funding only

 

[SSV]

Hi folks,

I am looking to open Indusind Exclusive Savings account for 0 forex DC as I couldn't find any better option.

*Don't trust RBL + unserviceable (rural) location for CC and again won't take IDFC WOW🤡

I wanted to know,

1. Min. Initial funding required for it. For how much less can it be negotiated?

2. Since it's a premium account, and if MAB is not maintained then do DOWNGRADE👇🏻 happens or not like IDFC Select/Wealth or ICICI WM ?

**I tried applying for Pinnacle Cc as then no need to maintain MAB/TRV for holding exclusive status, but unfortunately got rejected.

TIA🤗

WHen you pair with Pinnacle LTF with Exclusive , they both are LTF and 0 MAB forever.. as per current T&Cs.
DO you have pinnale? are you NTB to IndusInd?

 

[_amit_]

Hi folks,

I am looking to open Indusind Exclusive Savings account for 0 forex DC as I couldn't find any better option.

*Don't trust RBL + unserviceable (rural) location for CC and again won't take IDFC WOW🤡

I wanted to know,

1. Min. Initial funding required for it. For how much less can it be negotiated?

2. Since it's a premium account, and if MAB is not maintained then do DOWNGRADE👇🏻 happens or not like IDFC Select/Wealth or ICICI WM ?

**I tried applying for Pinnacle Cc as then no need to maintain MAB/TRV for holding exclusive status, but unfortunately got rejected.

TIA🤗

Can someone from your family apply for Pinnacle?
I think if your family member can get Pinnacle and they get Exclusive, you can get into family banking and get yourself Exclusive 0MAB as well.

 

[Anupama_Jha]

DO you have pinnale? are you NTB to IndusInd?

Mentioned in last line, yupp NTB but rejected recently

 

[Anupama_Jha]

Can someone from your family apply for Pinnacle?
I think if your family member can get Pinnacle and they get Exclusive, you can get into family banking and get yourself Exclusive 0MAB as well.

Rejected for family member also😭

 

[Anindya98]

Got it. Requires 50k funding only

Yes, this one needs on QAB of 50000

 

[_amit_]

Rejected for family member also😭

Well in that case, you can do two things:
- Go with Legend if possible and get Select and then upgrade to Pinnacle. As you were rejected for Pinnacle, less chances for Legend too.
- Open Grande with 5L/10L IP and get Pinnacle. Once you have the card, because of Grande I assume they will give it to you regardless. Downgrade to Exclusive and make it 0MAB. But it requires money in savings for atleast a month or so depending on the branch and BM.

 

[Anupama_Jha]

Well in that case, you can do two things:
- Go with Legend if possible and get Select and then upgrade to Pinnacle. As you were rejected for Pinnacle, less chances for Legend too.
- Open Grande with 5L/10L IP and get Pinnacle. Once you have the card, because of Grande I assume they will give it to you regardless. Downgrade to Exclusive and make it 0MAB. But it requires money in savings for atleast a month or so depending on the branch and BM.

Okai, thanks a lot.
Will they open it for 3 or 4L I.P ?

 

[_amit_]

Okai, thanks a lot.
Will they open it for 3 or 4L I.P ?

All upto the BM. Many open HNI account with less I.P., but I can not comment on this as its all negotiation skills.
I would suggest to not have high expectation in this regard.

@vijay.vj may comment further on this.

 

[vijay.vj]

All upto the BM. Many open HNI account with less I.P., but I can not comment on this as its all negotiation skills.
I would suggest to not have high expectation in this regard.

@vijay.vj may comment further on this.

Agree with above comments... its all negotiations !

 

[Vasuki]

Okai, thanks a lot.
Will they open it for 3 or 4L I.P ?

5 for grande
10 for Pionner