Indusind Exclusive Savings Account Discontinued !!

[NishanthSN]

I keep most of my money in SFB like Ujjivan which gives me 7percent avg yield. Now I’m moving most of my money to A and AA bonds(10 plus yield) IndusInd gives 3 percent interest for the 2l amb. So assume I’m losing (7-3)=4 percent ,that comes around 8k loss per years. Assume if in losing the bonds opportunity (10-3)=7 percent that is 14k loss per year .

Basically I felt like I’m robbed knowingly

First I will be closing family account. Then if RS1910 helps in getting pinnacle card Ltf with 0amb I may keep my account else closing my account too

 

[Heyyy]

I am also planning to close this account. Had been with this account from last 2 years, but they never offered Pinnacle, forget a LTF one. In recent days, I faced hell lot of tech issues while operating this account. They removed email address linked with my account without informing me. Asked to visit branch for re-KYC and updating email address. These are not at all good signs of operation. Though eventually after numerous service requests, complaints, follow ups, I managed to get these into shape for now, but sadly, have lost the confidence and while looking back, I have gained nothing worthy from this account with QAB 1lakh for me, it's plain useless.

 

[NishanthSN]

I am also planning to close this account. Had been with this account from last 2 years, but they never offered Pinnacle, forget a LTF one. In recent days, I faced hell lot of tech issues while operating this account. They removed email address linked with my account without informing me. Asked to visit branch for re-KYC and updating email address. These are not at all good signs of operation. Though eventually after numerous service requests, complaints, follow ups, I managed to get these into shape for now, but sadly, have lost the confidence and while looking back, I have gained nothing worthy from this account with QAB 1lakh for me, it's plain useless.

Yeah bro even a 25k Bob account give’s rsdc debit card with decent rewards . Better to exit this shitty bank

 

[Akshay Ajmera]

What about those who are using it

 

[sunit123]

What about those who are using it

It is best for foreign travel & international spend....No bank in India provide zero MAB account with zero forex and zero foreign ATM withdrawal...

It is human nature that those will not get LTF pinnacle will crib...Even with 1 lakh MAB, it is good deal if you travel abroad or need zero forex card

All those who are writing that they will be close the account...not even a single person has closed till date.

IIB stopped exclusive account but again started offering due to their accounting fiasco....If you are planning to open then open asap because you never know when they will discontinue this variant.

 

[Akshay Ajmera]

It is best for foreign travel & international spend....No bank in India provide zero MAB account with zero forex and zero foreign ATM withdrawal...

It is human nature that those will not get LTF pinnacle will crib...Even with 1 lakh MAB, it is good deal if you travel abroad or need zero forex card

All those who are writing that they will be close the account...not even a single person has closed till date.

IIB stopped exclusive account but again started offering due to their accounting fiasco....If you are planning to open then open asap because you never know when they will discontinue this variant.

Bro zero forex m now u can open kotak 811 super, jisme metal debit card hai.
I guess initial funding 82k ki karni hogi

 

[Akshay Ajmera]

It is best for foreign travel & international spend....No bank in India provide zero MAB account with zero forex and zero foreign ATM withdrawal...

It is human nature that those will not get LTF pinnacle will crib...Even with 1 lakh MAB, it is good deal if you travel abroad or need zero forex card

All those who are writing that they will be close the account...not even a single person has closed till date.

IIB stopped exclusive account but again started offering due to their accounting fiasco....If you are planning to open then open asap because you never know when they will discontinue this variant.

I personally use this account just because of debit card rewards, which I get by paying credit card bills

 

[Anindya98]

It is best for foreign travel & international spend....No bank in India provide zero MAB account with zero forex and zero foreign ATM withdrawal...

It is human nature that those will not get LTF pinnacle will crib...Even with 1 lakh MAB, it is good deal if you travel abroad or need zero forex card

All those who are writing that they will be close the account...not even a single person has closed till date.

IIB stopped exclusive account but again started offering due to their accounting fiasco....If you are planning to open then open asap because you never know when they will discontinue this variant.

I upgraded my account from Select to Exclusive by calling my RM.

I’ve been holding an IndusInd Select Account since May last year, and in October, I received the Legend Credit Card with a limit of ₹4.62L. After linking the card, my Select account was converted to a Zero MAB account.


Yesterday, I received a call from my RM suggesting an upgrade to the Exclusive Account, as I’ve been maintaining around ₹1L in the account for some time. During the conversation, I inquired about upgrading to the Pinnacle Credit Card, but she mentioned she couldn’t initiate it from her end. However, she advised me to email Premium Care (and one more email ID) with her in CC, and she would try to escalate the matter internally.


I’m looking to upgrade to the Pinnacle Card, preferably under the ₹5K offer with reversal on ₹50K spends within 60 days, and simultaneously switch to the Exclusive account.


The Exclusive upgrade request was submitted on Thursday and has already been upgraded. Would appreciate any suggestions on how to proceed further or improve my chances of approval of Pinnacle CC.

 

[sunit123]

Bro zero forex m now u can open kotak 811 super, jisme metal debit card hai.
I guess initial funding 82k ki karni hogi

It charges 150+gst for international ATM withdrawal whereas it is FREE in indusind exclusive account

 

[Anindya98]

I upgraded my account from Select to Exclusive by calling my RM.

I’ve been holding an IndusInd Select Account since May last year, and in October, I received the Legend Credit Card with a limit of ₹4.62L. After linking the card, my Select account was converted to a Zero MAB account.


Yesterday, I received a call from my RM suggesting an upgrade to the Exclusive Account, as I’ve been maintaining around ₹1L in the account for some time. During the conversation, I inquired about upgrading to the Pinnacle Credit Card, but she mentioned she couldn’t initiate it from her end. However, she advised me to email Premium Care (and one more email ID) with her in CC, and she would try to escalate the matter internally.


I’m looking to upgrade to the Pinnacle Card, preferably under the ₹5K offer with reversal on ₹50K spends within 60 days, and simultaneously switch to the Exclusive account.


The Exclusive upgrade request was submitted on Thursday and has already been upgraded. Would appreciate any suggestions on how to proceed further or improve my chances of approval of Pinnacle CC.

Tagging some more experts.
@SSV @BVC @HumorSimpson @2025 @Anupama_Jha @Fini7777 @vaibhav111 @helloworld @pinki @Ram1 @hender

 

[HumorSimpson]

Tagging some more experts.
@SSV @BVC @HumorSimpson @2025 @Anupama_Jha @Fini7777 @vaibhav111 @helloworld @pinki @Ram1 @hender

I don't have pinnacle card and I remember @SSV having one.

 

[sunit123]

I upgraded my account from Select to Exclusive by calling my RM.

I’ve been holding an IndusInd Select Account since May last year, and in October, I received the Legend Credit Card with a limit of ₹4.62L. After linking the card, my Select account was converted to a Zero MAB account.


Yesterday, I received a call from my RM suggesting an upgrade to the Exclusive Account, as I’ve been maintaining around ₹1L in the account for some time. During the conversation, I inquired about upgrading to the Pinnacle Credit Card, but she mentioned she couldn’t initiate it from her end. However, she advised me to email Premium Care (and one more email ID) with her in CC, and she would try to escalate the matter internally.


I’m looking to upgrade to the Pinnacle Card, preferably under the ₹5K offer with reversal on ₹50K spends within 60 days, and simultaneously switch to the Exclusive account.


The Exclusive upgrade request was submitted on Thursday and has already been upgraded. Would appreciate any suggestions on how to proceed further or improve my chances of approval of Pinnacle CC.

I can only share my experience:

I had IIB savings account and rupay league CC...I closed savings account, retained CC and after 3 months opened new exclusive account through branch with initial funding of 2 lakhs...BM suggested me to open exclusive savings account under new CIF id so that pinnacle fees can be reversed..

As my credit limit was more than 2 lakh so my old card was closed and upgraded to pinnacle by BM (He told he has power to upgrade CC with 2 lakh limit to pinnacle)...After CC is upgraded, i linked new pinnacle card with exclusive account in NEW CIF id through net banking.

After that I spent 50k+ in 20 days and my fees was reversed for pinnacle.

Now my exclusive account is zero MAB and i took email confirmation from premium care.

 

[nishank]

I can say that over last 3 years I have used the indusind exclusive account and it's the best experience to have it

 

[Anindya98]

I can only share my experience:

I had IIB savings account and rupay league CC...I closed savings account, retained CC and after 3 months opened new exclusive account through branch with initial funding of 2 lakhs...BM suggested me to open exclusive savings account under new CIF id so that pinnacle fees can be reversed..

As my credit limit was more than 2 lakh so my old card was closed and upgraded to pinnacle by BM (He told he has power to upgrade CC with 2 lakh limit to pinnacle)...After CC is upgraded, i linked new pinnacle card with exclusive account in NEW CIF id through net banking.

After that I spent 50k+ in 20 days and my fees was reversed for pinnacle.

Now my exclusive account is zero MAB and i took email confirmation from premium care.

Okay, I'll try the email route first. If that doesn't work, I'll visit the branch. The branch is almost 25KM away and never visited the branch once. Thanks for sharing your story.

 

[Ram1]

I upgraded my account from Select to Exclusive by calling my RM.

I’ve been holding an IndusInd Select Account since May last year, and in October, I received the Legend Credit Card with a limit of ₹4.62L. After linking the card, my Select account was converted to a Zero MAB account.


Yesterday, I received a call from my RM suggesting an upgrade to the Exclusive Account, as I’ve been maintaining around ₹1L in the account for some time. During the conversation, I inquired about upgrading to the Pinnacle Credit Card, but she mentioned she couldn’t initiate it from her end. However, she advised me to email Premium Care (and one more email ID) with her in CC, and she would try to escalate the matter internally.


I’m looking to upgrade to the Pinnacle Card, preferably under the ₹5K offer with reversal on ₹50K spends within 60 days, and simultaneously switch to the Exclusive account.


The Exclusive upgrade request was submitted on Thursday and has already been upgraded. Would appreciate any suggestions on how to proceed further or improve my chances of approval of Pinnacle CC.

I have exclusive + pinnacle.
Even though its reward rate is good but its redemption options are worst.
Regarding upgrade offer, RM and BM only can do this internally by speaking to cc heads.

But u shouldn't have proceeded to exclusive first. If they upgrade ur cc to pinnacle, then u should agree then they will get zeal to do ur work.


And my suggestion, instead of all these internal things, if u have 5L with u, upgrade acc to Grandie.
Pinnacle is free for grandie.
After getting Pinnacle, downgrade to exclusive and make ur exclusive zero balance 😎

 

[SSV]

I have exclusive + pinnacle.
Even though its reward rate is good but its redemption options are worst.
Regarding upgrade offer, RM and BM only can do this internally by speaking to cc heads.

But u shouldn't have proceeded to exclusive first. If they upgrade ur cc to pinnacle, then u should agree then they will get zeal to do ur work.


And my suggestion, instead of all these internal things, if u have 5L with u, upgrade acc to Grandie.
Pinnacle is free for grandie.
After getting Pinnacle, downgrade to exclusive and make ur exclusive zero balance 😎

This is correct, get the required CC first and then upgrade the SB account.

 

[hender]

And my suggestion, instead of all these internal things, if u have 5L with u, upgrade acc to Grandie.
Pinnacle is free for grandie.
After getting Pinnacle, downgrade to exclusive and make ur exclusive zero balance 😎

What a formula 📯📯 👑 Major Ram

 

[sun156]

I have exclusive + pinnacle.
Even though its reward rate is good but its redemption options are worst.
Regarding upgrade offer, RM and BM only can do this internally by speaking to cc heads.

But u shouldn't have proceeded to exclusive first. If they upgrade ur cc to pinnacle, then u should agree then they will get zeal to do ur work.


And my suggestion, instead of all these internal things, if u have 5L with u, upgrade acc to Grandie.
Pinnacle is free for grandie.
After getting Pinnacle, downgrade to exclusive and make ur exclusive zero balance 😎

for every grande account will they offer Pinnacle credit card for free ????
or what is the process

 

[Ram1]

What a formula 📯📯 👑 Major Ram

😁 bro pls ask technofino to make a special award for me for cracking these loopholes and giving in public.
Major award also ok.
Just kidding,
U know pvt banks love me.They gave mostly everything I deserve

 

[Ram1]

for every grande account will they offer Pinnacle credit card for free ????
or what is the process

No, for fresh card u have to meet eligibility. For Upgrade, BM RM can do it easily. But u know most rm bm are dumb when it comes to credit cards