How many bank accounts do you have and for what purposes?

[raghavx]

I hold following bank accounts

1. ICICI Bank (Savings) - For salary crediting and investments
2. IDFC First Bank (Savings) - for savings purposes, it gives good rate of interest.
3. DBS - Idk why I am still holding this.
4. Paytm Payments Bank - Had opened it long back, not sure why I am holding this too.
5. Fi.money - For day to day transactions as my primary savings account would get cluttered with few hundred rupees transactions.
6. Jupiter - Had opened alongside with Fi, thinking to close this.

 

[RAMESH BABU N]

Don't close hdfc
Make some transaction everyday. At least any one transaction must more is better.
Maybe it's self transfer or to family members or daily expenses.
Use UPI, neft, debit card.
If nothing found to spend buy Amazon gift card of 10rs
Use for six months.
Don't apply any hdfc cards.
In six months if not way before that you will get pre approved offer

There is no guarantee.
You would be taking a chance.
A slim chance, at that.

Take my own case.

In the last 2 yrs, I did 410+ trxns in my SBMax account - for a turnover of 16L+ thru Smart Billpay n another 5L+ on other debits - got 11K+ cashback.
Still no pre-approved or no approvals even for co-branded cards - even when directly applied in response to their chasers.

Most deplorable n useless CC Dept (Chennai) I have ever seen in my banking career since 1980. Had 57 cards since 1988-88. Closed n surrendered 41 cards till date.

So, decide for yourself.

 

[RAMESH BABU N]

See this enclosure n decide for yourself....

 

[RAMESH BABU N]

Do a comparision.
Frauds, per branch n per staff member n the total business handled.

You will get a fair idea as to which bank is safer.

And, then deal with them.