Zero Balance AMB Account from IDFC First Bank, Is It Worth It? Need Advice!

[varun__goel_]

anyone who is not seeing 0 balance offer? i am seeing only 10k and 25k balance account in app

Offer is only for select card and above.

 

[Saral]

Offer is only for select card and above.

I have wealth card still offer is not showing

 

[r1210user]

Hey everyone!

I recently got an interesting offer from IDFC First Bank, and I’d love to get your thoughts and experiences.

Since I already have a credit card with them, they’re offering me a Zero balance AMB savings account but only if I set up auto-pay for my credit card from this new account.


Now, I have a few questions:

1. If I activate auto-pay now and then disable it after a month or two, will the savings account still remain zero balance AMB?
2. If the answer is no, do you think it’s worth waiting it out? Could they possibly offer a zero balance account without any conditions in the future?
3. Any other advice, tips, or things I should be cautious about?

Would really appreciate your insights. Thanks in advance!

Edit:-

Personally, I do not believe in auto pay for credit card. That’s why I am trying to avoid that.

Yes, I do want to open IDFC First account, but I’m already maintaining a high balance in my other bank account, so I don’t want to open another one that requires maintaining an AMB


View attachment 92359

Can you please share this screenshot. I forgot to take screenshot when applying for the account. Need it without technofino watermark.

 

[r1210user]

I got the same offer , setup auto pay and applied for the account.

Account is generated and shows its the 10k variant. Where do I check the MAB now?

I've also sent an email to customer care asking for confirmation that it's a 0MAB account.

Following. Please let me know once you hear from bank

 

[syedimrose]

Best is to ring the customer care which I what i did and they did confirm its' a campaign that is currently running and the code is attached to my account. so MAB of 10K requirement is a standard view on the app, but will not be measured as the campaign attached.

with IDFC interface better than other, no harm to have zero balance account with no debit-card annual charges either.

 

[Sanskar]

Can you please share this screenshot. I forgot to take screenshot when applying for the account. Need it without technofino watermark.

It shows credit card last four digit in a screenshot

 

[Batmanbaba]

If anyone received on WhatsApp.. Can they share the link to apply here... I don't think it will be a personalised link

 

[varun__goel_]

I have wealth card still offer is not showing

Then please wait, you will get in future. IDFC has been offering account this way from a long time

 

[praful47]

Offer is only for select card and above.

How much limit should be required for millennia card to get upgraded into select?

 

[the_collector]

How much limit should be required for millennia card to get upgraded into select?

I think I read that it's 2L somewhere For select and 5L for wealth. But take it with a pinch of salt. There are many people who have got the cards with lower limits also

It's sometimes the criteria and mostly luck

 

[Anindya98]

How much limit should be required for millennia card to get upgraded into select?

1.5L Millennia -> Select
3L Select - > Wealth

There are many people who have got the cards with lower limits also

It's sometimes the criteria and mostly luck

When you have Select/Wealth Status, then the limit is not a matter request "CC upgrade without LE" via CC.

 

[s1t2y3a3m6]

Nodal team confirmed this is a 0 balance account even if there no auto debit against cc statement.

Only condition is you have to open ac through offer link with enable auto pay at the time of opening.

 

[Hitarth]

I also got the offer and opened the account also got the account number but not showing up in the mobile application. is it takes time to display on mobile app?

 

[s1t2y3a3m6]

I also got the offer and opened the account also got the account number but not showing up in the mobile application. is it takes time to display on mobile app?

Abhi to janam liya hai thoda saans to lene do

 

[Anindya98]

is it takes time to display on mobile app?

Yes, within 3-4 hrs, it will be visible.

 

[the_collector]

I also got the offer and opened the account also got the account number but not showing up in the mobile application. is it takes time to display on mobile app?

Uninstall and reinstall the app

When you reinstall, it'll ask how you want to login. Select via bank account and enter the bank account number.

The new interface will open up with your bank account and CC. No need to wait for few days

 

[varun__goel_]

Nodal team confirmed this is a 0 balance account even if there no auto debit against cc statement.

Only condition is you have to open ac through offer link with enable auto pay at the time of opening.

And what if we disable it after account is opened?
Have they mentioned anything about this?

 

[Sanskar]

And what if we disable it after account is opened?
Have they mentioned anything about this?

I have same question

 

[s1t2y3a3m6]

And what if we disable it after account is opened?
Have they mentioned anything about this?

I have same question

As per telephonic conversation, she told your ac opened with offer code 0 balance and same will consider 0 balance for life even if I disable.


But received email she didn't mention all points that I asked to her only replied your account is 0 balance.

But why to wait till due date ? Pay 1 WK before due date.

 

[Hemang]

Hey everyone!

I recently got an interesting offer from IDFC First Bank, and I’d love to get your thoughts and experiences.

Since I already have a credit card with them, they’re offering me a Zero balance AMB savings account but only if I set up auto-pay for my credit card from this new account.


Now, I have a few questions:

1. If I activate auto-pay now and then disable it after a month or two, will the savings account still remain zero balance AMB?
2. If the answer is no, do you think it’s worth waiting it out? Could they possibly offer a zero balance account without any conditions in the future?
3. Any other advice, tips, or things I should be cautious about?

Would really appreciate your insights. Thanks in advance!

Edit:-

Personally, I do not believe in auto pay for credit card. That’s why I am trying to avoid that.

Yes, I do want to open IDFC First account, but I’m already maintaining a high balance in my other bank account, so I don’t want to open another one that requires maintaining an AMB


View attachment 92359

Mere bhai kuch kaam ka hai ye 10k vala variant ya nahi ? Mere pe bhi offer aa raha hai. I have wealth cc with me.