which high value account is better

[Odugu Narasimha Rao]

hai i am going to open account with 10 L
for best credit cards please tell me which account is better

 

[EINSTEIN]

Two answers with 200x difference 😂

 

[jack333]

I was told you can maintain 25k. They don't downgrade

 

[jack333]

Indusind, icici, idfc, hdfc don't downgrade
Axis downgrades

 

[jack333]

They are giving at my place with 20l. Private debit card is better than wealth credit card. You can check the features online

 

[jack333]

Things vary from place to place and from time to time. One icici bank official was saying 3 years back when wealth branches started here we were giving LTF Sapphiro credit card with wealth account opening with zero initial cheque and gave it to many of his family members. Now they are asking 50l cheque for LTF Sapphiro

 

[ADITYA1904]

Indusind, icici, idfc, hdfc don't downgrade
Axis downgrades

Hdfc downgrades

 

[SiddharthR]

Hdfc downgrades

Please tell more about downgrade,
I too have Preferred & wanted to know how much amount, time it takes to downgrade

 

[ADITYA1904]

Please tell more about downgrade,
I too have Preferred & wanted to know how much amount, time it takes to downgrade

I had IMPERIA account and within one year they downgraded to classic and took lots of non maintenance charges so dont open account…for that icici and insuind is best…axis too take non maintenance charges

 

[jack333]

Hdfc don't downgrade from classic

 

[ADITYA1904]

Hdfc don't downgrade from classic

But they levy charges if you dont maintain classic mab

 

[SiddharthR]

But they levy charges if you dont maintain classic mab

No charges for Non maintenance of AMB for HNI programs, Classic, Imperia, Preferred

 

[Chaitanya-a]

No charges for Non maintenance of AMB for HNI programs, Classic, Imperia, Preferred

True. No charges in HDFC.

 

[jack333]

Yes no charges. They don't downgrade from classic

 

[SiddharthR]

Yes no charges. They don't downgrade from classic

What about Preferred downgrade,
Anyone experimented with Preferred MAB?

 

[jack333]

Is there any advantage of preferred or imperia over classic. You can get easyshop platinum debit card with saving max and classic too

 

[SiddharthR]

Is there any advantage of preferred or imperia over classic. You can get easyshop platinum debit card with saving max and classic too

Just cover on debit card insurance is increased by 200K for Preferred & Imperia.
And the benefit you mostly can't use is locker rent is decreased by 50% for Preferred & free for Imperia

 

[sleepysurya]

Yes no charges. They don't downgrade from classic

https://www.hdfcbank.com/personal/save/high-networth-banking/premier-banking/classic/fees-and-charges.

This one says:

Charges on non Maintainence of minimum Balance in Savings Accounts

Nil

Any effect of non-maintenance? Does the debit card becomes paid?

 

[jack333]

Just cover on debit card insurance is increased by 200K for Preferred & Imperia.
And the benefit you mostly can't use is locker rent is decreased by 50% for Preferred & free for Imperia

For debit card insurance ticket has to be booked from that card?

 

[TheTrickySid]

For debit card insurance ticket has to be booked from that card?

Yes

 

[TheTrickySid]

Yup I've experimented. No downgrade

How low was the mab and how long??