Better Alternatives to HDFC Imperia Salary Account for Net Credit > 3L

[stech18]

Using HDFC Imperia Salary Account for a while, but it's not great, especially considering the salary credits.

I've searched the threads, but most discussions seem to hover around the 3L mark. Missed the Axis Bank M4B boat, and I'm curious about the current status of Burgundy—is it still a worthy option?

If anyone has insights or recommendations for a salary account that plays nice with credits beyond the 3L range, it will be very helpful.

 

[SSV]

Using HDFC Imperia Salary Account for a while, but it's not great, especially considering the salary credits.

I've searched the threads, but most discussions seem to hover around the 3L mark. Missed the Axis Bank M4B boat, and I'm curious about the current status of Burgundy—is it still a worthy option?

If anyone has insights or recommendations for a salary account that plays nice with credits beyond the 3L range, it will be very helpful.

I think , Burgundy is still a good option for you..try that

 

[stech18]

I think , Burgundy is still a good option for you..try that

Thanks.. do you mean in terms of burgundy debit card and select credit card?
Also, Any chance to get M4B if the salary gets credited in Dec. Can Axis raise request for M4B before salary credit? Looks like no by going through other posts but still checking possibility.

 

[SSV]

Thanks.. do you mean in terms of burgundy debit card and select credit card?
Also, Any chance to get M4B if the salary gets credited in Dec. Can Axis raise request for M4B before salary credit? Looks like no by going through other posts but still checking possibility.

I highly anticipate that they will extend that date..
They need business.. and need it perpetually..
Get the Burgundy salary account, I am sure you will get M4B in some way
Don’t worry about that stupid Select account

 

[stech18]

Thanks will start the process for Burgundy and will see M4B in future. I checked on other banks but could not find anything promising unless I am missing something.

HDFC Imperia is not useful and I think they will not easily downgrade however there is no difference between Classic/Preferred/Imperia as all share the same debit card if not using locker which is anyway not available for new customer

 

[SSV]

Thanks will start the process for Burgundy and will see M4B in future. I checked on other banks but could not find anything promising unless I am missing something.

HDFC Imperia is not useful and I think they will not easily downgrade however there is no difference between Classic/Preferred/Imperia as all share the same debit card if not using locker which is anyway not available for new customer

With your sort of salary credits, among top Indian banks , Axis burgundy is the best option in my view….
There may be some other foreign banks offering some premium accounts but practically they are not much useful..
Go for burgundy salary account, you will get M4B LTF.. there is one lady in this forum who looks after burgundy and burgundy private . I will let you know the details once I know

 

[iBabubhau]

Would recommend Axis Burgandy or HSBC Premier considering their revaluation from 2% to 3% Reward Rate

 

[Quantum]

Thanks will start the process for Burgundy and will see M4B in future. I checked on other banks but could not find anything promising unless I am missing something.

HDFC Imperia is not useful and I think they will not easily downgrade however there is no difference between Classic/Preferred/Imperia as all share the same debit card if not using locker which is anyway not available for new customer

For net salary > 3L, you could go for Axis Burgundy salary account. However, for M4B, I would suggest you to negotiate with a BM before opening the Burgundy salary account. If a BM assures you a M4B, you could be sure that you would get one.

 

[SSV]

Thanks will start the process for Burgundy and will see M4B in future. I checked on other banks but could not find anything promising unless I am missing something.

HDFC Imperia is not useful and I think they will not easily downgrade however there is no difference between Classic/Preferred/Imperia as all share the same debit card if not using locker which is anyway not available for new customer

It is better you negotiate LTF M4B before opening the account.. they will do it..
They see future business with you by looking at your earning capacity

 

[stech18]

Would recommend Axis Burgandy or HSBC Premier considering their revaluation from 2% to 3% Reward Rate

Thanks, I am comparing between these two searching through the forum without considering M4B into picture as I might have paid Infinia soon.

 

[SSV]

Thanks, I am comparing between these two searching through the forum without considering M4B into picture as I might have paid Infinia soon.

@Priya Karam , may be able to help you..

 

[swapnilj]

What is M4B ?

 

[SSV]

What is M4B ?

Magnus for Burgundy

 

[SSV]

What is M4B ?

Magnus for Burgundy

Do you want to apply for it?

 

[swapnilj]

Do you want to apply for it?

Can I get magnus ? Salary is around 1L.

 

[SSV]

Can I get magnus ? Salary is around 1L.

DO you have any relationship with Axis ?

 

[swapnilj]

DO you have any relationship with Axis ?

Yes have Axis myzone.

 

[SSV]

Yes have Axis myzone.

Any SB account with Axis?

 

[swapnilj]

Any SB account with Axis?

Not yet. But planning to shift my salary account from HDFC

 

[SSV]

Not yet. But planning to shift my salary account from HDFC

If you do this , then Magnus will come automatically in the pre approved offer list..