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INDUSIND EXCLUSIVE SAVINGS ACCOUNT + PINNACLE CARD = Zero MAB

SN.M

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since there are many threads created for this same topic , I thought of clearing all the doubts with this new post.

I can confidently say that the below information is correct.
1. you need to own a pinnacle / indulge credit card.
2. if you have legend , you can get it upgraded to pinnacle. pinnacle with 5L + limit will be eligible for indulge. but I okay with pinnacle of now.
3.open Indusind exclusive savings account by visiting branch you can not open it online. I was told by the RM (relationship manager) that grande account supports this aswell, but initial funding is 5L.
4. Once you have opened the account wait of the kit to arrive.
since we are previously using pinnacle CC in Indusind mobile app , it will not support the account linking procedure.

click on create new user id and first enrol your exclusive bank account debit card details , then after successful login , go into mobile application , left side bar , you have an option to link the existing relations , over there you select credit card and then you link it.

it usually takes 24-48 hours for linking , logout of the application and re- login after 24 hours and you will see it over there.
sometimes this doesn't work swell, then you will need to call the cc , ask them to de-register the cc from your mobile app and then map your existing account. once deregistering is done wait for 24 hours and follow the process from beginning. linking debit card , then your credit card etc etc.
since exclusive account is a premium account, drop a mail to exclusive@indusind.com,( you will usually get response in 24 hours , tops) asking them to confirm if your account is zero balance savings account. which I have done and they gave me a confirmation. mail proof for future reference.

note:
I was told by a DBM that , existing accounts can not be converted to indusexclusive, even if converted and mapped to pinnacle credit card , there is very less possibility for it to be converted to a zero mab account.
so new account is necessary , with new account you will Get a Indusind exclusive kit, which has a visa signature/ master card dc it will be sent from Mumbai. wait till you get that card.

visa signature/ MWorld C - annuall charges are 1999 + get. but with this account you get it for free(LTF). you will need to link your account to cc based on these cards not platinum card I believe.
kindly check this with the CC or drop a mail to exclusive DL.

if you already have a visa signature card , my suggestion is to go with master world card , since it gives golf privileges , unlike pinnacle master credit card , there is no minimum spend criteria for the MW dc card.

urban - initial funding 2L , Semi urban - 1L

thank you
 
DC itself is based on account variant.. and benefits are based on DC…

So, a=b , b=c
And a=c
I just want to ear that .9% cash back on credit card bills. Currently im holding Legend Credit Card and no savings account with Indusind. Kaha se shuru kia jaye bhai? Select account or Exclusive mein se konsa opt karu.
 
I just want to ear that .9% cash back on credit card bills. Currently im holding Legend Credit Card and no savings account with Indusind. Kaha se shuru kia jaye bhai? Select account or Exclusive mein se konsa opt karu.
Select account is fine.
Open Select account link legend account with Select account. Then it becomes 0 mab account
And use Select DC to earn cb
 
It's upto you if you want to keep same account or close and open again. Branch will usually insist for opening fresh account because they want to complete target.

If you want to upgrade account just ask them to give you upgrade form and sign it, along with it they'll make you sign exclusive account schedule of charges also. It'll be done.

My branch asked me for opening new account and initially said "account upgrade accha nahi hota". I ignored them and asked for upgrade only. If branch wants, they can upgrade without asking any kind of funding. My account had less than ₹100 when I upgraded to exclusive. So, just request them saying you'll maintain balance, etc. It'll be done quickly.
Bro after upgrade you got exclusive debit card via post automatically or need to raise request for that ?
 
Bro after upgrade you got exclusive debit card via post automatically or need to raise request for that ?
After upgrade was showing in app I called customer care immediately and asked for mastercard world and it was issued within few mins. Later when welcome kit came there was no dc in it. I got dc and welcome kit separately.

If you want both mc and visa then call customer care and ask them to issue mc.
 
Hi.
Can you confirm that if i open grande account with initial funding of 5lakhs and link pinnacle CC will it become 0 balance account. I asked my Deputy BM, he does not have any idea about that.

Also, if possible can you share (PM) your RM's number. I am thinking to open grande account with your RM if 0 balance is offered after linking my pinnacle card.

Thanks 👍
Did you get grande 0 balance linking to pinnacle cc?
 
Did you get grande 0 balance linking to pinnacle cc?
Pinnacle Linking gets you Exclusive Account, Grande is never Zero Balance,But Grande helps you get Pinnacle.

So get Grande then get Pinnacle and convert Grande to exclusive on basis of Pinnacle and remove all funding. This is one way you could follow.
 
Guys I have got Pinnacle for my brother. I have not activated it yet. I was thinking of first creating an exclusive account for him and then add the card under his savings account customer ID . Does this approach work? Or I will have to go through normal route like activate Pinnacle first then open savings account. Anyone who has done this way will be of great help if you can advise.
 
Guys I have got Pinnacle for my brother. I have not activated it yet. I was thinking of first creating an exclusive account for him and then add the card under his savings account customer ID . Does this approach work? Or I will have to go through normal route like activate Pinnacle first then open savings account. Anyone who has done this way will be of great help if you can advise.
Anything works. You can activate pinnacle but just don't activate netbanking or mobile app with pinnacle. Get exclusive account and then activate netbanking /mobile app with it. After that link pinnacle
 
Guys I have got Pinnacle for my brother. I have not activated it yet. I was thinking of first creating an exclusive account for him and then add the card under his savings account customer ID . Does this approach work? Or I will have to go through normal route like activate Pinnacle first then open savings account. Anyone who has done this way will be of great help if you can advise.
If you open exclusive without Pinnacle Linking branch will ask you to fund the account with 1 or 2 Lakh, so proceed accordingly.
 
How do I apply for another credit card if I already have Indusind eazydiner CC.
In my account, it shows legend CC offer, but I have heard that since I have already 1 CC, I cant apply another in IndusInd
 
Hi All, I opened an exclusive account visiting the branch today and I got an kit from the bank that has a platinum debit card. On the process of activating When I try to set the pin for DC on the quick link it says "Details are incorrect". Should I need to wait for Exclusive welcome kit and use the DC that comes with the kit or any other work around?
 
I understand but depositing it one time for the Pioneer account. and then not keeping a balance will eventually lead to the account type being downgraded. So what's the utility of doing that? Am I missing something here?
 
Exclusive account can be opened online? Everyone commenting go to branch
Yes I had opened it online. We need to only fund the account with Rs90K that can be withdrawn after linking pinnacle world CC to the exclusive savings account. Someone in the forum had shared this link using which I had applied for the exclusive account.
 
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