Wealth Management Account: Benefits, Negotiation Tips, and Understanding Wealth Select Account

[Rahul Raj]

Next week, I plan to open a wealth management account with an initial deposit of 5 lakhs. I would like to know what aspects I can negotiate with the Bank Manager during the account opening process. Are there specific benefits I should inquire about when discussing the account with the BM? Additionally, I am curious about the type of debit card I will receive. Is there a possibility to request a more premium debit card if I desire one? Furthermore, could anyone explain the advantages of a "wealth select account" in comparison to a regular wealth management account? Lastly, how to open a select account if I decide it suits my needs?

 

[Deleted member 11974]

Just to confirm are you holding wealth management account or wealth select account

wealth select

 

[ccent]

wealth select

can you please share how you upgraded your account from wealth to wealth select? was it because of high NRV? if yes, what is the approx NRV which you have with ICICI bank?

 

[gigachad]

can you please share how you upgraded your account from wealth to wealth select? was it because of high NRV? if yes, what is the approx NRV which you have with ICICI bank?

Not worth it..

 

[Deleted member 11974]

can you please share how you upgraded your account from wealth to wealth select? was it because of high NRV? if yes, what is the approx NRV which you have with ICICI bank?

2 cr + nrv currently
rm made me fill a form for family banking so that all ids mapped would lead to nrv calculation and get it upgraded

 

[ccent]

Not worth it..

you are having wealth select account currently?

 

[gigachad]

you are having wealth select account currently?

No.. have wm

 

[saucy]

So a ltf sapphiro is a best thing you could negotiate for opening wm accounts.