LTF Sapphiro/Emerald credit card

[sauchadh]

I would like to know what is the criteria for getting LTF Sapphiro/Emerald credit card. I don't have any prior relationship with ICICI bank.

 

[sharpened]

You can open a new wealth select account with initial funding of 25 lakhs. With that you'll get FYF Emeralde

What if you already hold a savings account? How do you upgrade to wealth management and do you need to go to a special branch?

 

[jack333]

Not all branches have it for upgrade 1cr deposit is required

 

[Bodhi]

Not all branches have it for upgrade 1cr deposit is required

But you had mentioned 25 L as initial funding?

 

[jack333]

But you had mentioned 25 L as initial funding?

That was for opening new account

 

[Bodhi]

That was for opening new account

So, if one already has a Wealth Management account - can he open a new Wealth Select account with 25L initial funding instead of a 1Cr deposit?

 

[jack333]

Yes we can open as many as we want. They give different customer id. And system merges automatically after few days and your older wealth account will also become wealth select. Then you can even close the new account later

 

[simal]

Yes we can open as many as we want. They give different customer id. And system merges automatically after few days and your older wealth account will also become wealth select. Then you can even close the new account later

IS that that simple for a Wealth Select account? Are you sure the bank doesnt insist on increasing the TRV to 2CR which is the requirement. Will it be downgraded after a year if the TRV is not met?

 

[jack333]

They usually don't downgrade

 

[thanix]

A little different query - Does anyone got Sapphiro or emeralde co branded card with Emirates as FYF or LTF? Reason is generally Emirates is not part of many alliance or points conversion to it. Or is it possible to convert regular LTF Sapphiro to Emirates co branded one as LTF?

 

[Bodhi]

Yes we can open as many as we want. They give different customer id. And system merges automatically after few days and your older wealth account will also become wealth select. Then you can even close the new account later

Thank you very much @jack333
I appreciate you for kindly offering me this information.

 

[Rahul92]

What is the platform of visa Sapphiro? platinum/signature/infinite ?

 

[jack333]

Signature

 

[vatsal]

I have got ICICI Emeralde LTF.

 

[jack333]

How?

 

[vatsal]

How?

Applied via my RM, and it got approved in 3 days. I have NRV of around 30L with ICICI.

 

[simal]

Applied via my RM, and it got approved in 3 days. I have NRV of around 30L with ICICI.

same here, got it as LTF thru RM

 

[jack333]

Any loan or high NRV?

 

[Wealth is my birth right!]

same here, got it as LTF thru RM

Just a small query is emerald better than ultimate or magnus
Just wanted to know before pushing for it

 

[anirbanm]

Just a small query is emerald better than ultimate or magnus
Just wanted to know before pushing for it

Good joke ... Big no ... Good only if LTF

 

[vatsal]

Just a small query is emerald better than ultimate or magnus
Just wanted to know before pushing for it

Its better on only 2 aspects-
1. Movie tickets
2. Airport Spa access.