ICICI Wealth Management

[kochiro]

Repost . .

Can't delete this now

 

[D₹V]

Can't delete this now

Don't worry. It's been merged.

 

[knight]

Can existing customers open that 95k IP account that becomes 0 MAB after some time?

 

[D₹V]

Can existing customers open that 95k IP account that becomes 0 MAB after some time?

Nope. Existing customers can't open new account online afaik.

 

[knight]

Nope. Existing customers can't open new account online afaik.

So 10k and 25k MAB will be the only options apart from closing account.

 

[D₹V]

So 10k and 25k MAB will be the only options apart from closing account.

Y e s

 

[cardio_guy]

My status as of today (Nov 2):
Oct 4 = Opened ICICI Privilege Salary account, 0 bal.
Oct 27 = Salary credited.
Oct 30 = Requested for WM upgrade.
Nov 2 = Waiting.

(Will be maintaining AMB = 0. No FD yet.)

Meanwhile -
(Received no name cheque and ATM card with the privilege welcome kit, not much fancy. Debit card was a titanium mastercard. I have requested for name printed debit card, but that is visa platinum.)
~ Oct 10 = Requested for name printed chequebook.
~ Oct 15 = requested for name printed visa platinum debit card. (not activating this, because I will get World one mastercard debit card with WM account.)

 

[AritraSaha]

So 10k and 25k MAB will be the only options apart from closing account.

Nope. Existing customers can't open new account online afaik.

Can open,, but have to close the account 1st..
* Might face customer id error..

 

[D₹V]

Can open,, but have to close the account 1st..
* Might face customer id error..

Achha, still lafda hai 😝, new customers ka bhi 0 mab (95k deposit) khulne me error aata.

 

[AritraSaha]

Achha, still lafda hai 😝, new customers ka bhi 0 mab (95k deposit) khulne me error aata.

Yeah.. i aslo faced error..
Cus i had a pocket account before.. took them 4 days to fix..

 

[heysac]

I just received mail from ICICI that my account will be downgraded to Privillage if I dont meet DIV

We offer attractive products and services to customers who have a minimum commitment of ₹25 lakh with ICICI Bank, in the form of Deposits and Investments Value (DIV)* at any point of time.

Your Accounts & Investments held with us are below this threshold amount. Please maintain the minimum required balance by Nov 22, 2023 else we may have to convert your Account to Privilege Banking as per your current DIV. This calls for a Minimum Average Balance (MAB) of ₹25,000, failing which, MAB charges will be applicable. The MAB charge details are available at
https://www.icicibank.com/service-charges/-saving-ac

Was yours a salary a/c or normal a/c when opened/converted?

 

[Survivor35]

My status as of today (Nov 2):
Oct 4 = Opened ICICI Privilege Salary account, 0 bal.
Oct 27 = Salary credited.
Oct 30 = Requested for WM upgrade.
Nov 2 = Waiting.

(Will be maintaining AMB = 0. No FD yet.)

Meanwhile -
(Received no name cheque and ATM card with the privilege welcome kit, not much fancy. Debit card was a titanium mastercard. I have requested for name printed debit card, but that is visa platinum.)
~ Oct 10 = Requested for name printed chequebook.
~ Oct 15 = requested for name printed visa platinum debit card. (not activating this, because I will get World one mastercard debit card with WM account.)

Ideally Salary credit for WM should be 3 Lakhs if im not wrong.

 

[Predator]

Just checked my account today and seems like it got downgraded to Privilege Banking.
Anyway it shows required MAB to be 0 so I am withdrawing all the funds.
Just wanted to know Is there are any debit card charges?

 

[Akashn]

Just wanted to know Is there are any debit card charges?

Some reported 150+ gst

 

[Superman]

Just checked my account today and seems like it got downgraded to Privilege Banking.

Did you receive any email/SMS before the downgrade?

 

[Predator]

Did you receive any email/SMS before the downgrade?

yes, in October, I received an email asking to maintain TRV before November.
But there was no communication at the time of the downgrade.
I was randomly checking my account today only to find that the account is not WM anymore

 

[Bugs Bunny]

yes, in October, I received an email asking to maintain TRV before November.
But there was no communication at the time of the downgrade.
I was randomly checking my account today only to find that the account is not WM anymore

My account als9 got degraded.

 

[Predator]

Some reported 150+ gst

150 is reasonable.
There are no prizes for guessing who will be using all the complementary golf lessons of debit card from now on

 

[Predator]

My account als9 got degraded.

release your stress with a good session of golf.

Mastercard World Card India Golf Program | Priceless Specials

specials.priceless.com

 

[Arun Pratheep]

yes, in October, I received an email asking to maintain TRV before November.
But there was no communication at the time of the downgrade.
I was randomly checking my account today only to find that the account is not WM anymore

Mine also got downgraded to Privilege. I have withdrawn all the amount.