Eligibility Criteria for ICICI Emeralde Private Metal - Discussion

[navdeep22]

He doesn’t either know stuff or he is lying

i dont know man, since he is regional head , i am assuming if i go to any other branch the contact person will be him only for credit card. I a stuck 😕

 

[m4b]

What are the best use cases of EPM? If at all one should get it as the first super premium card, in what situation should one get EPM?

I feel like I am done with point, just need a card with 1point =1 Rs and straight away redeem with 36% RR for a year atleast.

 

[Nishan11]

So my friend's EPM is approved with 18.5 L limit.

He is already holding ICICI Amazon Pay with 12 L credit limit. It's good jump.

 

[m4b]

So my friend's EPM is approved with 18.5 L limit.

He is already holding ICICI Amazon Pay with 12 L credit limit. It's good jump.

 

[pranjal1984]

Not the right statement to make. Not everyone has EPM.

Nothing is right or wrong. Only situations are relative. How many of EPM aspirants have got the card? Majority of the branches are only fooling these aspirants which is evident from the length of this thread. However if new customers come with big business or if applicants have big salary then cards are sanctioned easily. The number of EPM holders can be counted in fingers. In my city, hardly anyone has got EPM . I am talking about the situation post iShop launch. It was an entirely different situation before. The reason is ICICI loves Salaried individuals of 3 L + for this card which is not so common salary in every city.

So my friend's EPM is approved with 18.5 L limit.

He is already holding ICICI Amazon Pay with 12 L credit limit. It's good jump.

Does he satisy the salary criteria or TRV ?

 

[Nishan11]

Does he satisy the salary criteria or TRV ?

Yes he fulfill the salary criteria & has decent TRV.

 

[theXfactor]

Nothing is right or wrong. Only situations are relative. How many of EPM aspirants have got the card? Majority of the branches are only fooling these aspirants which is evident from the length of this thread. However if new customers come with big business or if applicants have big salary then cards are sanctioned easily. The number of EPM holders can be counted in fingers. In my city, hardly anyone has got EPM . I am talking about the situation post iShop launch. It was an entirely different situation before. The reason is ICICI loves Salaried individuals of 3 L + for this card which is not so common salary in every city.

Does he satisy the salary criteria or TRV ?

There are a few thousand cards issued by all Indian banks collectively and not every card is meant for everyone and criteria for those are clearly specified on their portal ofcourse except for a handful "Invite only" cards where banks would have their discretion. Else we would have had only 4-5 cards in the country. These "Invite Only" cards are actually a loss to the banks in a majority of cases and are not supposed to be issued to everyone unless banks are convinced that such card holders provide value to the banks in some or the other way. It's all give and take and both the parties know that.
Btw, I'm not a great fan of TB...according to me it is still one those cards which I can probably keep in my drawer that too only if offered LTF. I see absolutely no value of this card. However, for some ppl it's great and they are able to extract a great value out of it.

 

[canitin]

So my friend's EPM is approved with 18.5 L limit.

He is already holding ICICI Amazon Pay with 12 L credit limit. It's good jump.

I also have different limits on my EPM (25l) and my ICICI Sapphiro card (13l). Is there any way to merge them?

I was able to merge my limits in case of HDFC (Infinia & Regalia), but not sure about the process with ICICI bank.

 

[Jhon Anand]

I also have different limits on my EPM (25l) and my ICICI Sapphiro card (13l). Is there any way to merge them?

I was able to merge my limits in case of HDFC (Infinia & Regalia), but not sure about the process with ICICI bank.

Any idea on how much limit exact 3L income will fetch for epm ?

 

[Nishan11]

I also have different limits on my EPM (25l) and my ICICI Sapphiro card (13l). Is there any way to merge them?

I was able to merge my limits in case of HDFC (Infinia & Regalia), but not sure about the process with ICICI bank.

Raise request to icici care on Twitter & dm card last 4 digit of EPM & Sapphiro to merge limit. You will get a call for confirmation & it will be done.

 

[Nishan11]

Any idea on how much limit exact 3L income will fetch for epm ?

There is no fixed criteria. 3 L monthly salary is criteria for EPM but limit is decided on customer profile, credit history & other relevant data.

 

[satty]

Any idea on how much limit exact 3L income will fetch for epm ?

For me it's showing 6x of salary credit per month in account. Although it's still in sanction stage.

 

[Jhon Anand]

For me it's showing 6x of salary credit per month in account. Although it's still in sanction stage.

View attachment 104582

Thanks for confirmation. I would assume it would be more than usual 3x for each one since it's thier top level offering

 

[Nishan11]

So my friend's card is reflecting on netbanking. He made few small amount purchase of 5k from iShop using EPM for testing.

But transaction text/mail shows remaining limit of existing Amazon pay, he has 12 L credit limit on it. And have spend of 50k. Remaining was 11.5 L.

EPM has 18.5 L credit limit. But even after using it for 5k on iShop, it says remaining balance as 11.45 L. But shows overall limit as 18.5 L.

Any idea what's the issue here ? I didn't faced this issue when I got EPM. I have separate limit too.

@SSV @BVC @abhiaj_geek

 

[shashank08]

So my friend's card is reflecting on netbanking. He made few small amount purchase of 5k from iShop using EPM for testing.

But transaction text/mail shows remaining limit of existing Amazon pay, he has 12 L credit limit on it. And have spend of 50k. Remaining was 11.5 L.

EPM has 18.5 L credit limit. But even after using it for 5k on iShop, it says remaining balance as 11.45 L. But shows overall limit as 18.5 L.

Any idea what's the issue here ? I didn't faced this issue when I got EPM. I have separate limit too.

@SSV @BVC @abhiaj_geek

Check under manage limit whether total spend limit is 18.5L or 11.5L.

Manage limit is right beside total credit limit in latest bill tab once you select CC in imobile.

 

[Nishan11]

Check under manage limit whether total spend limit is 18.5L or 11.5L.

Manage limit is right beside total credit limit in latest bill tab once you select CC in imobile.

It's showing 100% limit of 18.5 L.

I also told him the same when he shared the issue.

I have told him to connect with ICICI bank on twitter & ask them to merge limit of amazon pay to EPM, so both share 18.5 L limit.