ICICI Wealth Management Account Holders please share your experience.

[TheTrickySid]

What's the MAB you guys maintaining in your Wealth management account.

And what's would be the ideal mab to prevent it from getting downgraded.
Or any tips to avoid getting the account downgraded without maintaining mab.

 

[D₹V]

@S S V the same happened what I said 😎.

And what was the earlier thread link so it gets merged.

 

[SSV]

@S S V the same happened what I said 😎.

And what was the earlier thread link so it gets merged.

Can’t remember .

 

[D₹V]

Can’t remember .

Here it is https://www.technofino.in/community...nt-holders-please-share-your-experience.5052/

 

[Akashn]

@S S V the same happened what I said 😎.

Ye bata kya tha

Here it is https://www.technofino.in/community...nt-holders-please-share-your-experience.5052/

 

[D7162]

@D7162 @Bhagat Singh @Moulidharan @0xfallup

Update

still same - wealth

 

[SSV]

Here it is https://www.technofino.in/community...nt-holders-please-share-your-experience.5052/

You were asking for thread name.. I thought some specific post..
Yes the above mentioned thread is the correct one to discuss all WM related issues

 

[Akashn]

still same - wealth

Same here. My deadline was 6 Dec

 

[SpiesCan'tCatchMe]

My deadline was 30 nov, noth happened so far

 

[talkwithfino]

Here it is https://www.technofino.in/community...nt-holders-please-share-your-experience.5052/

Bhai ne poora forum hi learn karke rakha hai

I was maintaining 1 lac in it but today when I checked the app it's not back theme anymore. In account details it says MAB is 25K. Is it time to close this account now ?

Do you mind sharing a screenshot....

And btw is it orange theme now or maroon ?
If you have been maintaining 1 L, I suggest to opt for Privilege Banking Program you can chck rest details here >> https://www.technofino.in/community...please-share-your-experience.5052/post-461767

 

[SSV]

So, we started seeing some action from ICICI side.. let’s see how far this goes

 

[D7162]

still same - wealth

Just checked, and yes its mentioned as MAB required is 25k, time to end 11-12 years old relationship

 

[talkwithfino]

Just checked, and yes its mentioned as MAB required is 25k, time to end 11-12 years old relationship

11-12 yrs!

Could you tell in general how much balance you were maintaining in the last 7-8 months....

 

[kochiro]

Bhai ne poora forum hi learn karke rakha hai


Do you mind sharing a screenshot....

And btw is it orange theme now or maroon ?
If you have been maintaining 1 L, I suggest to opt for Privilege Banking Program you can chck rest details here >> https://www.technofino.in/community...please-share-your-experience.5052/post-461767

date given by them was 21 Nov. It looks orange and shows 25k MAB

 

[D7162]

11-12 yrs!

Could you tell in general how much balance you were maintaining in the last 7-8 months....

Last few months were low as spends were diverted to indusind exclusive (MAB funded by pinnacle ) and thats why no harm in closing as i anyway have indus - although its much unstable compare to icici one

 

[kochiro]

Bhai ne poora forum hi learn karke rakha hai


Do you mind sharing a screenshot....

And btw is it orange theme now or maroon ?
If you have been maintaining 1 L, I suggest to opt for Privilege Banking Program you can chck rest details here >> https://www.technofino.in/community...please-share-your-experience.5052/post-461767

I wasn't maintaining per se wo IPO nahi laga xD

 

[SSV]

According to my RM FD relationship of 5 to 8 L would retain the WM status, for those interested…

 

[talkwithfino]

Just noticed one thing though....

People are eager to close their WM account with Icici cause it's no longer zero balance ( though they can opt for Privilege Banking if they are maintaining 1 L above and technically it would be zero balance again); what I am trying to saying is being on this forum for over a year and half now, I have noticed that people take Icici for granted; in the sense; ki agar zero balance nhi de rhe toh account close karunga.

But on the other hand when it comes to Hdfc; nobody even asks of having a zero balance. Sab chup chap jaake balance wala acc kholte hai (and then register for CLassic/ preferred or whatsoever)

Is it cause of the Marketing tactics of these Banks; or is it that since Icici was always lenient in downgrading people; and so people are now furious that they have been downgraded; but if Hdfc would have done the same thing; they probably wouldn't have cared. Ulta Branch me aake Classic Banking ke liye negotitate karte aur acc maintain karte

 

[SpiesCan'tCatchMe]

Just noticed one thing though....

People are eager to close their WM account with Icici cause it's no longer zero balance ( though they can opt for Privilege Banking if they are maintaining 1 L above and technically it would be zero balance again); what I am trying to saying is being on this forum for over a year and half now, I have noticed that people take Icici for granted; in the sense; ki agar zero balance nhi de rhe toh account close karunga.

But on the other hand when it comes to Hdfc; nobody even asks of having a zero balance. Sab chup chap jaake balance wala acc kholte hai (and then register for CLassic/ preferred or whatsoever)

Is it cause of the Marketing tactics of these Banks; or is it that since Icici was always lenient in downgrading people; and so people are now furious that they have been downgraded; but if Hdfc would have done the same thing; they probably wouldn't have cared. Ulta Branch me aake Classic Banking ke liye negotitate karte aur acc maintain karte

A good perspective you have, but what I feel is hdfc is more aggressive in providing good pre approved offers, even their debit card has a reward program and the credit cards in general are more appealing than ICICI

 

[Moulidharan]

@D7162 @Bhagat Singh @Moulidharan @0xfallup

Update

Still the same Wealth management but I have stopped receiving calls for closing the account

 

[D₹V]

Just noticed one thing though....

People are eager to close their WM account with Icici cause it's no longer zero balance ( though they can opt for Privilege Banking if they are maintaining 1 L above and technically it would be zero balance again); what I am trying to saying is being on this forum for over a year and half now, I have noticed that people take Icici for granted; in the sense; ki agar zero balance nhi de rhe toh account close karunga.

But on the other hand when it comes to Hdfc; nobody even asks of having a zero balance. Sab chup chap jaake balance wala acc kholte hai (and then register for CLassic/ preferred or whatsoever)

Is it cause of the Marketing tactics of these Banks; or is it that since Icici was always lenient in downgrading people; and so people are now furious that they have been downgraded; but if Hdfc would have done the same thing; they probably wouldn't have cared. Ulta Branch me aake Classic Banking ke liye negotitate karte aur acc maintain karte

ICICI - No rewarding DC in 10k, 25k, etc MAB category. Gives pre approved offer to 1 in 1L customer.

HDFC - Rewards DC (Millennia, Platinum) starts with 2.5k* mab, depending upon location. Generally 10k MAB offers min. ₹4800 + 12k smartbuy cashback in 1 year. HDFC also offers pre approved CC to everyone out there (even if it's freedom or Moneyback but they do offer).

So HDFC always wins.