Search results for query: *

Also, even if they don't charge, I don't want to have an account which is so poorly managed that the two entities which manage it say opposite things and clearly cannot sync up and formulate one common policy. Have submitted closure request.

Unity SF Bank took over PMC Bank when the latter failed so there was (is?) some negative opinion associated with the combined entity. So they had (have?) high interest rates which could be attractive for some depositors. Last I checked they had just launched an app but did not have internet...

In OP's case, HSBC has mentioned that the interest rate will be RBI repo rate plus some spread as determined by the bank. Have they specified how this spread will be determined? Any justification for the 1.85% value?

I will be closing Fi before the new terms apply in order to avoid account closure charges - so before 1 June. The account offers no rewards and has debit card charges and now they want some monthly balance too. Not worth it at all.

This was not the issue in my case. There are also several reports in Samsung user forums of UPI SMS verification failure for all apps from Secured Folder on Samsung phones after installation of some recent update, so I'm still inclined to believe it is a Samsung issue. I've personally verified...

How did you deduce this and how did you fix it?

It is a Samsung issue. New update causes SMS verification to fail in the Work Profile or Secure Folder. There is no solution to this as of now and I've heard people claim that Samsung claims this is by design to improve security and they will not change it back. There is also a new setting in...

Heads up: if you use HDFC priority pass in India, you will be charged a non-trivial amount.

Wasn't there some RBI rule that said that 30 days notice has to be given before changed terms can come into effect?

It appears to be more useful for data-mining and collecting more data about customers. I don't think it's particularly good for consumers.

Customer care lied. The FAQs explicitly say that bank reserves the right to cancel existing card and re-card the customer according to new tier. It probably won't happen immediately but it is not guaranteed that you will be able to retain your signature card for its entire validity.

It is not clear what you want to do. Do you want to transfer money from your private account to govt dispensary account or do you want to accept payment from govt account to your account?

In my experience I have seen more unethical things being done by private bank employees than SBI employees. SBI employees often do not care enough to do such stuff!

"Limited Period Offer"

Why not SBI regular savings account? There is no minimum balance requirement afaik and core tech / internet banking are solid. Branch visits are a concern but why would you need to visit the branch? RBI has recently mandated that all digitally opened accounts must be opened with the same mobile...

After earning 25 x 6 = 150 gems previously this month, I've done a Rs. 600 transaction again for one of the same billers. Let's see if I get 0 (repeat biller) or 25 (old logic) or 30 (5% of 600) or 100 (flat 100 per txn) gems.

This means that a Gems devaluation is coming soon. They cannot possibly give Rs. 100 for each bill payment. I predict that 1 Gem will soon be worth less than 1 Rupee.

And so it begins...

Could you please elaborate about ethics issues at IndusInd Bank?

Any idea if credit card bill payment using debit card will count towards fulfilling this request?