Method To Convert Indusind Legend (Or Any Other Card) To Pinnacle Without Paying Any Fees

[pprakash11]

What's the reward rate of Pinnacle on wallet load?

₹0.7/₹100

And on normal online spends e.g. Netmeds, Jiomart etc where I mostly use IndusInd cards (due to "Pay with Rewards"/TwidPay)

₹2.5/₹100 .

 

[girish3456]

You can still open Grande as a separate account or upgrade the present account to Grande , speak to your RM

Once the account is converted or upgraded to Grande account, do we mandatorily need to maintain average monthly balance orelse it can used as 0 AMB account

 

[beast_boy]

Once the account is converted or upgraded to Grande account, do we mandatorily need to maintain average monthly balance orelse it can used as 0 AMB account

Grande need AMB, get Pinnacle via Grande, and convert grande to exclusive on the basis of Pinnacle which makes your exclusive account 0 AMB

 

[girish3456]

Grande need AMB, get Pinnacle via Grande, and convert grande to exclusive on the basis of Pinnacle which makes your exclusive account 0 AMB

I have Pinnacle credit card and exclusive account. But given a 5 lakhs cheque to RM to open Grande account for my wife as my RM told that once the grande account is opened, we can use it as a 0 AMB it seems and also they told me that there won't be any account downgrade and/or charges for non maintenance charges.

Is it true by any chance

 

[beast_boy]

I have Pinnacle credit card and exclusive account. But given a 5 lakhs cheque to RM to open Grande account for my wife as my RM told that once the grande account is opened, we can use it as a 0 AMB it seems and also they told me that there won't be any account downgrade and/or charges for non maintenance charges.

Is it true by any chance

If that Is true get that in written from the RM bro, and update me as well , I will also open other Grande account for my family members individually.

 

[beast_boy]

I have Pinnacle credit card and exclusive account. But given a 5 lakhs cheque to RM to open Grande account for my wife as my RM told that once the grande account is opened, we can use it as a 0 AMB it seems and also they told me that there won't be any account downgrade and/or charges for non maintenance charges.

Is it true by any chance

*Non-Maintenance Charges 10% of the shortfall in AQB required as per program subject to maximum of ₹900/-

AMB can be zero but AQB non maintenance has charges

• Debit Card usage will attract a charge of `299 (plus applicable taxes) p.a. if balance is not maintained as per the product requirement.
• AQB (Average Quarterly Balance) requirement varies with location.

So AQB Criteria varies as per location, if some special approval is taken and AQB Criteria is removed then I guess it become 0 Balance. Let us know the updates.

 

[beast_boy]

I have Pinnacle credit card and exclusive account. But given a 5 lakhs cheque to RM to open Grande account for my wife as my RM told that once the grande account is opened, we can use it as a 0 AMB it seems and also they told me that there won't be any account downgrade and/or charges for non maintenance charges.

Is it true by any chance

I forgot to Ask one thing , what is the special use case for Grande account when you have Exclusive account already in place bro ?

 

[sankar7000]

Worth the Hassle as per me, One Gets LTF zero Balance Exclusive account with LTF Exclusive Debit CARDS for him/her and 6 additonal Family Members

Is this still working? Can I do this now also?

 

[beast_boy]

Is this still working? Can I do this now also?

Should work, Dont tell your banker that you will be converting the account later or get the account converted from a different branch, I got my variant converted from a different branch.

 

[girish3456]

I forgot to Ask one thing , what is the special use case for Grande account when you have Exclusive account already in place bro ?

Dmat account is LTF for Grande account & some discount on locker from 2nd yr onwards bro

 

[beast_boy]

Dmat account is LTF for Grande account & some discount on locker from 2nd yr onwards bro

Read Grande account TnC properly bro

 

[technonifo]

Anyone tried this??