Indus Grandé Savings Account - Discussion

[tryabp]

Official Link: https://www.indusind.com/in/en/personal/accounts/saving-account/indus-grande.html
Brochure & SOB Attached

Key Features:
- Free Locker
- Free Pinnacle Credit Card
- Free Signature Debit Card*
- Free Grande Debit Card
- Paid Pioneer Debit Card

Additional Benefits:
- Family Banking to 8 add-on accounts
- Special Interest rates on loan
- Dedicated RM & SM
- Bookmyshow 1+1 Offer for 1000Rs (Only Card that gives 1000Rs discount on non-movie tickets)


Surrogate Option:
- Average Balance 5 lac
OR
- Life insurance 2 lac
- General Insurance 50k
- Salary 2.5 lac
- Personal Loan 15 lac
- Home Loan 1.5 cr


Please add your inputs, i will update this thread accordingly.
BM convinced me to upgrade to this account instead of Exclusive, so have opened this account yesterday. I will post unboxing and welcome kit photos once i receive it.
Update: Attached Welcome Kit Photos. Nothing fancy. Just normal plastic debit card along with some documentation received.
Update: Customer Care has denied Free Signature Debit Card. I will still try from BM / RM. Hence i am opening Exclusive Accounts for family members and after getting Signature DC i will link them to Grande and then apply for PInnacle CC.

Tip : If you have higher variant account like Pioneer /Grande then you wont get Signature DC for free! For that you have to open/upgrade to signature account first >> Get free Signature DC / Exclusive World DC >> Upgrade a/c to Grande >> Get free Grande DC / Free Pinnacle CC >> Upgrade to Pioneer >> Get free Pioneer DC. And finally you will have all DC for free.

UPDATE:
1. If you are existing CC holder of Indus then you need to have floor limit for Pinnacle as it will be applied in split limit. (3 lac before split)
2. If you have 2 Indus CC then it becomes more complicated as 3rd can be applied in offline mode only on split limit basis and there is no option to get Pinnacle free in offline application.
3. Workaround is to apply for any free card in split limit basis offline through agent / branch and then upgrade it online using Grande Scheme Code to Pinnacle.

 

[tryabp]

Yes, once u get LTF pinnacle. Downgrade to Exclusive if you are not maintaining 5 lac MAB.

Hello! Today I visited the branch to open up an Exclusive Account, but they insisted on opening up a Grande Account instead. So I've opened up a Grande Account with 5L, and the kit should arrive in the next 5-7 days. Are there any extra benefits of having a Grande Account now? I plan to downgrade it to an Exclusive Account in the next 2-3 months if I don't find any significant benefits.

 

[ravi0101]

Yes, once u get LTF pinnacle. Downgrade to Exclusive if you are not maintaining 5 lac MAB.

sabko milta hai pinnacle credit card?

 

[noob69]

Can Select account holders apply for free Exclusive DCs?

 

[darjeeronak]

For Pinnacle Credit Card --> Joining & Annual Fee waived off. | Rs. 5000 fees will be charged if spends are below 50,000 in first 3 months.

 

[tryabp]

sabko milta hai pinnacle credit card?

U have to eligible. Pre-approved nahi hai.

 

[phoenix1386]

I have been a longstanding IndusInd Select Savings account holder. I went at this rather inversely. I applied for Legend credit card two months ago and got it in about a week. Then, over call for something two days after receiving it, I discovered I was being offered Pinnacle upgrade at 15k fees with 12k return as Amazon voucher, so I took it. Also, upgraded my Select Savings to Exclusive.

Now, the thing is, my spends may exceed 50k in 3 months. Is it remotely possible to email them and ask for waiver of that 3k fee balance? 😂

 

[CardGame]

I have been a longstanding IndusInd Select Savings account holder. I went at this rather inversely. I applied for Legend credit card two months ago and got it in about a week. Then, over call for something two days after receiving it, I discovered I was being offered Pinnacle upgrade at 15k fees with 12k return as Amazon voucher, so I took it. Also, upgraded my Select Savings to Exclusive.

Now, the thing is, my spends may exceed 50k in 3 months. Is it remotely possible to email them and ask for waiver of that 3k fee balance? 😂

Not possible but we lose nothing by asking so go ahead. The "50k in 3 months" criteria is for Grande account holders who avail Pinnacle card.

 

[phoenix1386]

Yes, am aware.. was wondering if they would allow a fee reversal seeing as I went upside down on their procedure..

Will mail them and see what happens.

 

[Vasuki]

U have to eligible. Pre-approved nahi hai.

Eligible in the sense .
Just cibil score basis or
Like regular cc application
Cibil + salary+ itr + verification+ bob extra doc lafda 🤣🤣

 

[darjeeronak]

Yes, once u get LTF pinnacle. Downgrade to Exclusive if you are not maintaining 5 lac MAB.

Grande comes with a Demat Account where Annual Maintenance Charges are Waived off. Any idea on this account and, except for maintenance, any additional hidden charges that one should be aware of?
Also, I don't want the Pinnacle card (using 50k in 3 months to make it Lifetime Free feels forced) as I don't find it that useful, so is there any other better card I can push the branch with to get me LTF with this account? I will get that card and then downgrade to Exclusive and maintain 1L.

 

[CardGame]

Grande comes with a Demat Account where Annual Maintenance Charges are Waived off. Any idea on this account and, except for maintenance, any additional hidden charges that one should be aware of?
Also, I don't want the Pinnacle card (using 5k in 3 months to make it Lifetime Free) as I don't find it that useful, so is there any other better card I can push the branch with to get me LTF with this account? I will get that card and then downgrade to Exclusive and maintain 1L.

Get pinnacle and maintain 0 in exclusive account. Now pinnacle sounds worthy?

 

[Trendz]

Yes, once u get LTF pinnacle. Downgrade to Exclusive if you are not maintaining 5 lac MAB.

Once we downgrade to exclusive , we dont be able to use the debit card we get from the Grande account also , right ?

 

[4uziaul]

Once we doengrade to exclusive , we dont be able to use the debit card we get from the Grande account also , right ?

N o o

 

[tryabp]

Once we downgrade to exclusive , we dont be able to use the debit card we get from the Grande account also , right ?

That debit card will become chargeable.

 

[Cc_creditguy]

open/upgrade to signature account first >> Get free Signature DC / Exclusive World DC >> Upgrade a/c to Grande >> Get free Grande DC / Free Pinnacle CC >>Downgrade to exclusive >> Get free exclusive dcs >> link pinnacle to get 0 mab

Is this possible to do so? Will all the Debit cards remain active and renew after expiry? All cards become ltf this way?

Signature account or exclusive account??

 

[Cc_creditguy]

with grande you will get ltf pinnacle on spending 50k in thje first 90 days

Does it include rent payment or wallet top any thing ??

 

[sxchzy]

Does it include rent payment or wallet top any thing ??

wallet i guess

 

[Cc_creditguy]

wallet i guess

Okkk sir thanks

 

[dadofjohnwick]

hi, I'm NTB to IndusInd. Want looking to open Exclusive account and pinnacle cc. In what order should I take it? and reduce fee as much as possible?

 

[Deleted member 26798]

Yes, once u get LTF pinnacle. Downgrade to Exclusive if you are not maintaining 5 lac MAB.

I was also suggested this, but when we downgraded, will exclusive account can be 0 MAB?