Yes, but I need to apply for the Times Black card. Hopefully that will trigger the Cibil inquiry. If not, there are multiple unknown sources fetching my credit report. Frustrated!
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Strange ICICI Account upgrade to private banking coz of times black card??
2-3 days after approval. Wait till Tuesday.
ICICI must be sleeping or they have stopped upgrading to private.
ontherocks
TF Premier
If you have any existing ICICI credit card, then there won't be any CIBIL hit AFAIK
Centurion_wala
TF Premier
Any update on this?
Yes, I have received my welcome kit. The welcome kit typically contains only two items: the first is the debit card, which I had already applied for earlier, and the second is the checkbook, which was delivered later. There is no welcome letter included, at least I haven’t received one yet. Perhaps the welcome letter is provided only to new-to-bank customers.
Dobbiee
TF Select
Think thats right. A proper welcome kit is issued to new customers only.
When I was upgraded to privilege and then to wealth, I didnt receive anything.
Dont even remember any email. Got to know of Wealth debit card after very long time.
Centurion_wala
TF Premier
Oh, didn’t you get a leather pouch? Also, could you share images of the kit you received so that we all can decide if it’s worth requesting?
There isn't anything new to show. I only have a debit card, the images of which I have already shared earlier, and a checkbook. There's nothing new or exciting to display. However, if I receive any welcome kit in the future, I will definitely share it with all of you.
@BVC Finally it's showing ICICI Private Banking, now it is time to apply for the Visa Infinite DC, will lose the Golf benefits complementary with WM Mastercard World DC. Total time taken 4 days from the date of card generation.
IMP - Had a discussion today with BM then with Cluster & Regional Head.
Got to know that your account won't be upgraded to Private Variant... only service level is changed to Private because of this CC.😔😔
You won't get much benefits of Private Banking. It's for namesake only. Only DC you will get. You won't even be connected to Private Phone Banking Officer directly on calling customer care.😑😑
Please don't take this card if you don't want to pay the fees. Don't think that you are smart enough to apply and close the CC and you will get Private Banking Privileges. (only hallucination)
ICICI has played very Smartly!!🙋🙋
Moreover they were saying all those people (whoever are closing this CC) will face downgrade on Quarter end - March ( Not 100 sure on this point).
But anyone can inference eventually it will be true by seeing the previous trend in ICICI.
Note: This is my suggestion only. If you don't like please ignore.😃😃
And SBPRV - means Privilege Account not Private in ICICI.😤😤
Got to know that your account won't be upgraded to Private Variant... only service level is changed to Private because of this CC.😔😔
You won't get much benefits of Private Banking. It's for namesake only. Only DC you will get. You won't even be connected to Private Phone Banking Officer directly on calling customer care.😑😑
Please don't take this card if you don't want to pay the fees. Don't think that you are smart enough to apply and close the CC and you will get Private Banking Privileges. (only hallucination)
ICICI has played very Smartly!!🙋🙋
Moreover they were saying all those people (whoever are closing this CC) will face downgrade on Quarter end - March ( Not 100 sure on this point).
But anyone can inference eventually it will be true by seeing the previous trend in ICICI.
Note: This is my suggestion only. If you don't like please ignore.😃😃
And SBPRV - means Privilege Account not Private in ICICI.😤😤
Centurion_wala
TF Premier
Waah kya nayi baat batayi, ye sab toh hume maalum hi nahi tha OMG!!!!
But seriously, people like these are the ones that pass on the discussions in this community to the higher officials in the banks- Like literally, why poke the Regional Head for these matters?
Anyways, who cares?
Congratulations!! Good to have that Private banking benefit with ICICI Times Card. Let us explore what’re the other hidden benefits we can get it. ICICI was little slow in your case but anyways they have done it.
Just now called the CC and requested the Private DC and 2 free Cheque Books. The process was very smooth.
Confirmed from the CC agent that the DC is free and even if your account gets downgraded to the previous Tier(Before the Upgrade) you will not get charged for the DC after the downgrade, you can call again and get the lower variant DC or continue using the same till renewal.
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Id like to say out of all the bank accounts that I have I've liked ICICI because my account was opened in Oct'23 and still the same WM acct without any downgrades. Was maintaining ₹100 in my acct and ₹10 in mom's account. Had grouped 2 accts in Nov'23 and again recently grouped 2 accounts. SR was successfully closed so hoping the grouping was successful. Will ask when I visit the branch next time. My experience so far is wonderful. They've even refunded the charges of Expression DC that account opening executive requested for me without my consent.
Bro, the account type has changed, which means it’s definitely an upgrade. After all, upgrades are all about enhanced services. What do you really get with an account upgrade anyway? There aren’t any exceptional benefits in Private Banking as such, but whatever benefits are mentioned on the website for a Private Banking account holder, we are getting all of them.
We got a free debit card, and with the account upgrade, we can expect better offers in the future. Priority service is provided as well. Also, when you call customer care, your call is directly transferred to the Private Banking service team. I’ve personally spoken to them multiple times, and they always introduce themselves as Private Banking relationship managers.
In fact, Private Banking provides four types of relationship managers (RMs). I currently have two RMs, and two more types are available, one for DEMAT and trading account, and another for personal finance. However, to avail those, you need to have a DEMAT and other necessary accounts with ICICI.
Generally, to open a Private Banking account, your Total Relationship Value (TRV) should be between ₹50 lakhs and ₹5 crores. Now, if you don’t maintain that kind of TRV and still want all the benefits for free, that’s unrealistic. There has to be some difference, right?
But if someone’s account was previously in the normal or privilege category and has now been upgraded due to this card, it is definitely an upgrade. You’re getting better services and ICICI’s best lifetime free debit card. Plus, compared to other customers, you’ll get better deals in every offer.
As for those who take the card and cancel it, they won’t gain much. Their account will eventually get downgraded—if not immediately, then later. That’s what I believe.
I think we should at least use this card for a year before reaching any conclusions. Right now, neither all card benefits nor all account upgrade benefits have been fully revealed. So let’s take a moment, be patient, and see how it goes.
Dobbiee
TF Select
As there is a debit card and cheques of Private being issued, it is surely an account upgrade. The Wealth and Private debit cards are lifetime free. They cannot charge fee on this cards. Better not to leave this card once its in your hands.
Downgrades of the account is a possibility in future. Lets see how things move.
ICICI has been surprising with everything related to Times Black Card.
Edited: there is no cheque book of private banking issued with Times Black CC.
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Are you sure "cheques of Private being issued" - on this point??
The answer is BIG NO. No one will get Private Cheque Book as Cheque is account related. DC anyone can get even without account status ( like Platinum DC in HDFC offered to various account/program type). None of the members have got Private Cheques.😤😤
Requesting you to please go through my post again and understand. I don't write or respond unless I have some solid confirmation.😀😀
I thought it's was my duty to give correct information as currently everyone has just connected with max customer support people only (if someone has any other proof then please share).😑😑
Now I won't respond here. I have said and passed whatever necessary information that needs to.😄😄
Note: I know people will understand and come to this point after sometime when they will deepdive later.
Ignore my message if someone doesn't like it.
SBPRV - means SB Private only. Go through the below posts from this forum
Here's a photo of Private Banking Kit that @PointsProfessors posted.
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Dobbiee
TF Select
Can someone confirm (who got Private Banking due to Times Black card) if the new chequebook mentions Private Banking on it.
@Nishan11 @Dr.Anand456 @Anindya98 @Sobirvs
Please share a pic if anyone can please.
@Nishan11 @Dr.Anand456 @Anindya98 @Sobirvs
Please share a pic if anyone can please.
I requested for the cheque for yesterday let's see when it get's delivered. After that I can confirm you.
According to me it should be mentioned Private Banking at the top like Wealth Management and the colour should be different.
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