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

 

[Dragon_slayer]

Personally, I found that Axis burgundy service is good while HDFC imperia is completely useless.

I was looking into ICICI wealth account based on the feedback on this group, but didn't opened an account with them, when I talked with bank representatives , they did not even had documents to show the benefits for wealth account. Also, from time to time I hear about scams going on with ICICI accounts ( in some case ICICI employees are involved ), due to these red flags I have decided to stay away.

 

[Bodhi]

Personally, I found that Axis burgundy service is good while HDFC imperia is completely useless.

I was looking into ICICI wealth account based on the feedback on this group, but didn't opened an account with them, when I talked with bank representatives , they did not even had documents to show the benefits for wealth account. Also, from time to time I hear about scams going on with ICICI accounts ( in some case ICICI employees are involved ), due to these red flags I have decided to stay away.

What kind of scams have you heard, please? @Dragon_slayer

 

[2024]

Is there any non maintenance charges on idfc wealth acct if we got upgraded to wealth acct and then not maintain AMB is there chances of downgrade or charges

 

[Bhagat Singh]

Yup I've experimented. No downgrade

will they downgrade if i maintain only 20-30k in preferred account

 

[Bhagat Singh]

No charges if 1L not maintained, but I think you need to maintain basic MAB for that specific account variant, like 25K for Savings Max, 10K for Regular, etc & hence if balance below that basic MAB, charges will be applicable (Correct me if it's wrong)

For DC, account & card variant should match. If account variant changed, upgrade your card & you will get new card with the new account variant name and that will be free. (For Easyshop Platinum DC)

no . i had classic account and maintained only 2-3k in it for almost 10 months. no charges were applicable. just did day to day transactions in it. now i upgraded it to preferred varient. maintain 15k since 2 months no charges . will see what happens when this quarter ends in march!!

 

[Bhagat Singh]

Is there any non maintenance charges on idfc wealth acct if we got upgraded to wealth acct and then not maintain AMB is there chances of downgrade or charges

+1

 

[Bodhi]

Is there any non maintenance charges on idfc wealth acct if we got upgraded to wealth acct and then not maintain AMB is there chances of downgrade or charges

+1

 

[dheerajb]

Is there any non maintenance charges on idfc wealth acct if we got upgraded to wealth acct and then not maintain AMB is there chances of downgrade or charges

+1

 

[Dragon_slayer]

What kind of scams have you heard, please? @Dragon_slayer

Wrong insurance policies sold, money falsely withdrawn from a bank account, etc. You can search on youtube and linkedIn; that's where I heard mostly.

 

[Bodhi]

Wrong insurance policies sold, money falsely withdrawn from a bank account, etc. You can search on youtube and linkedIn; that's where I heard mostly.

I see.

Never heard of above-mentioned scams for ICICI Wealth account before, but thank you for the info @Dragon_slayer

 

[suhailmz]

@Chaitanya-a @DarkKnight @Souvik i just visited my idfc branch & requested them for an upgrade to select account. To my surprise, the banker asked me if I can add 1-2 lakh more as he wants to try for wealth account. I wasn’t sure as my balance would still not match 10lakh required for wealth but I accepted anyway. No my request for upgrade has been taken up. Let’s see what happens. Fingers crossed 🤞

 

[Chaitanya-a]

@Chaitanya-a @DarkKnight @Souvik i just visited my idfc branch & requested them for an upgrade to select account. To my surprise, the banker asked me if I can add 1-2 lakh more as he wants to try for wealth account. I wasn’t sure as my balance would still not match 10lakh required for wealth but I accepted anyway. No my request for upgrade has been taken up. Let’s see what happens. Fingers crossed 🤞

March closing craze 😁

 

[suhailmz]

March closing craze 😁

Yeah I guess. Once they take the upgrade request, any clue how much time it takes to get the confirmation? Don’t want to park all my wealth in IDFC for long 😛

 

[suhailmz]

It takes nearly 2 weeks

Cool, let’s see, hoping it works

 

[MilesMax]

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

HDFC downgraded my account from preferred to normal account. I have no idea why. I had around 9L, I transferred 6L to a different account and kept 3L.
I thought we only need 2L AMB.
I didn't bother to contact the RM about it.

 

[jainsuk]

HDFC seems to have stopped caring at all. Been chasing them for over a month to change my RM, with no luck. And I am an Imperia customer!

 

[suhailmz]

HDFC seems to have stopped caring at all. Been chasing them for over a month to change my RM, with no luck. And I am an Imperia customer!

Problem with the big houses :/

 

[xxScriptzxx]

HDFC seems to have stopped caring at all. Been chasing them for over a month to change my RM, with no luck. And I am an Imperia customer!

+1. I am an imperia customer too and their services are pathetic. I have four accounts in the group but still they dont handle my account well. The only reason i am not switching to other bank is the trauma to close these accounts and going through all the hassle. I would not recommend anyone to go with imperia.

 

[Bodhi]

+1. I am an imperia customer too and their services are pathetic. I have four accounts in the group but still they dont handle my account well. The only reason i am not switching to other bank is the trauma to close these accounts and going through all the hassle. I would not recommend anyone to go with imperia.

Are you maintaining the required NRV for Imperia (10L+ if I am not wrong)

 

[jack333]

@Chaitanya-a @DarkKnight @Souvik i just visited my idfc branch & requested them for an upgrade to select account. To my surprise, the banker asked me if I can add 1-2 lakh more as he wants to try for wealth account. I wasn’t sure as my balance would still not match 10lakh required for wealth but I accepted anyway. No my request for upgrade has been taken up. Let’s see what happens. Fingers crossed 🤞

I was also told initial deposit of 5 lakh for idfc wealth account and BM also said I'll get preapproved wealth credit card after 3 months