ICICI Wealth Management Account Holders Please Share your Experience.

[TheTrickySid]

What's the MAB you guys maintaining in your Wealth management account.

And what's would be the ideal mab to prevent it from getting downgraded.
Or any tips to avoid getting the account downgraded without maintaining mab.

 

[BhaiyaJi]

so should I talk to my RM/MB for an account upgrade into wealth management?

I guess no harm in trying

 

[an0nym0us]

Took a while for RM to respond, Wealth RM now forwarded request to Private Banking Group RM apparently! He will evaluate it.

That guy just ignored for a while, now said it's 15cr and disregarded the pdf. Probably wasn't interested as he wouldn't earn anything much additional (its all from demat holdings which aren't touched so ICICI doesn't earn much from the accounts😂).

 

[Bodhi]

That guy just ignored for a while, now said it's 15cr and disregarded the pdf. Probably wasn't interested as he wouldn't earn anything much additional (its all from demat holdings which aren't touched so ICICI doesn't earn much from the accounts😂).

What's the approximate TRV?

 

[cardio_guycardio_guy is verified member.]

Hi, a quick question regarding WM upgrade specifically through salary route:

The website says that for upgrading to WM net monthly salary must be more than 3L.

Haa anyone got it upgraded to WM with less than 3L salary? (Around 2)

 

[Anindya98]

Hi, a quick question regarding WM upgrade specifically through salary route:

The website says that for upgrading to WM net monthly salary must be more than 3L.

Haa anyone got it upgraded to WM with less than 3L salary? (Around 2)

Yes, got it last year with 1.45L PM.

 

[_ayush]

Hi, a quick question regarding WM upgrade specifically through salary route:

The website says that for upgrading to WM net monthly salary must be more than 3L.

Haa anyone got it upgraded to WM with less than 3L salary? (Around 2)

For me they didn't allow upgrade below 3L. New account opening is always possible.

 

[devsfinance]

I was just checking the Icici site and it seems they do not have the debit card free anymore.

ICICI Bank MasterCard World Debit Card - Apply Online - ICICI Bank Debit Cards

ICICI Bank MasterCard World Debit Card comes with Daily cash withdrawal limit at ATM of Rs 1,00,000 and 2,00,000 while shopping online

www.icicibank.com

I don’t believe this seems reasonable anymore. No real benefits at this price.

Also for private banking dc there seems to be certain condition as well. Did you follow this change @Anindya98

 

[knight]

I was just checking the Icici site and it seems they do not have the debit card free anymore.

ICICI Bank MasterCard World Debit Card - Apply Online - ICICI Bank Debit Cards

ICICI Bank MasterCard World Debit Card comes with Daily cash withdrawal limit at ATM of Rs 1,00,000 and 2,00,000 while shopping online

www.icicibank.com

I don’t believe this seems reasonable anymore. No real benefits at this price.

Also for private banking dc there seems to be certain condition as well. Did you follow this change @Anindya98

Did it say "Free for wealth customers" earlier?

I remember seeing the fees before as well.

 

[AkashnAkashn is verified member.]

I was just checking the Icici site and it seems they do not have the debit card free anymore.

ICICI Bank MasterCard World Debit Card - Apply Online - ICICI Bank Debit Cards

ICICI Bank MasterCard World Debit Card comes with Daily cash withdrawal limit at ATM of Rs 1,00,000 and 2,00,000 while shopping online

www.icicibank.com

I don’t believe this seems reasonable anymore. No real benefits at this price.

Also for private banking dc there seems to be certain condition as well. Did you follow this change @Anindya98

Damn. Too much for this lounge DC. They used to take 150+ gst before. Time to close it

 

[HumorSimpson]

I was just checking the Icici site and it seems they do not have the debit card free anymore.

ICICI Bank MasterCard World Debit Card - Apply Online - ICICI Bank Debit Cards

ICICI Bank MasterCard World Debit Card comes with Daily cash withdrawal limit at ATM of Rs 1,00,000 and 2,00,000 while shopping online

www.icicibank.com

I don’t believe this seems reasonable anymore. No real benefits at this price.

Also for private banking dc there seems to be certain condition as well. Did you follow this change @Anindya98

Whats the fee , unable to see.

 

[devsfinance]

Whats the fee , unable to see.

it’s 699 + GST

 

[devsfinance]

Damn. Too much for this lounge DC. They used to take 150+ gst before. Time to close it

Exactly too much I believe it was 200+GST last year. Not sure if Icici allows us to use iMobile without a debit card though

 

[Anindya98]

I was just checking the Icici site and it seems they do not have the debit card free anymore.

ICICI Bank MasterCard World Debit Card - Apply Online - ICICI Bank Debit Cards

ICICI Bank MasterCard World Debit Card comes with Daily cash withdrawal limit at ATM of Rs 1,00,000 and 2,00,000 while shopping online

www.icicibank.com

I don’t believe this seems reasonable anymore. No real benefits at this price.

Also for private banking dc there seems to be certain condition as well. Did you follow this change @Anindya98

I confirmed with them both my DCs are LTF, and they are not aware of any charges.

 

[kvndsz512]

Maybe if account is downgraded or someone who wants to take this dc on a lower variant (dont know if icici allows) that would be chargeable i guess only

 

[theflash]

I confirmed with them both that my DCs are LTF, and they are not aware of any charges.

Same I was told that it's LTF as before. No changes yet.

 

[ashwinikumar900]

Even if your account gets downgraded, they don’t deduct the fee of the wealth management card. However, the customer care team says its fee is 200 plus GST.

 

[theflash]

See I opened this acct for the sole purpose of it being 0 MAB with 1L IP. Now if they downgrade I'll simply close. In oct'25 it'll be almost 2 yrs. There's not much offering but only helpful thing I found was direct call connect and some charges reversal that's it.

 

[ashwinikumar900]

See I opened this acct for the sole purpose of it being 0 MAB with 1L IP. Now if they downgrade I'll simply close. In oct'25 it'll be almost 2 yrs. There's not much offering but only helpful thing I found was direct call connect and some charges reversal that's it.

Direct call connect, that’s the only benefit, since the zero MAB is already activated if your credit card limit is 5L. They migrate my account to privilege banking with zero MAB with a 5L credit limit of the credit card.

 

[devsfinance]

Even if your account gets downgraded, they don’t deduct the fee of the wealth management card. However, the customer care team says its fee is 200 plus GST.

Same for me. I was also charged this amount last year(was downgraded from wealth earlier)

 

[devsfinance]

I confirmed with them both my DCs are LTF, and they are not aware of any charges.

Same I was told that it's LTF as before. No changes yet.

Can you suggest from where you guys got this confirmation?