You get priority in teller queue. Even if you go to a non-home branch, you get called pretty quickly even when there are quite a few others waiting. There's also a relationship manager assigned, convenient if there's any question on banking procedure you need quickly answered.
well i already got that through my privileged banking status right?
I have AQB of INR 2000/- and they offered me privileged banking status. Makes no sense.
this upgraded account would assign an individual to cater to my demands so that enhances the privileges.
75K AQB for that is too much.
I have a 'titanium' credit card from Standard Chartered. It is actually one of their low-end offering. Platinum apparently is more high end compared to Titanium when it comes to banking for Standard Chartered.
Now the FD interest rates are high, you can make a FD for Rs 75000 for 1 year and link it with your new Titanium SB a/c .( check with them wheteher it is ok)
Apart from Titanium debit card ask for a "free" credit card (with out any proof of income) with say rs 25000 limit ( with lien on your Fixed deposit) ( it is called Secured credit card) Only if they agree to waive annual fee !!
Free DD and bankers cheque,
If you travel often walking to ICICI branch and using your home branch cheque to with draw say up to Rs 1.5 lakh,
go and stand in the seperate Prlvg.counter if branch is crowded.
Even if there is no seperate counter, I have announced Iam Priv customer showing my card above my head ( some bangalore suburban branch), I have been called ahead of everyone else in the queue ( all others shouting offcourse!!)
IN HSBC Hong kong and Standard charted ( in Hong Kong) , there is seperate floor with croissant, Capucchino, Wall street journal ,Bloomberg /Reuters Terminalwith nice sofas & food like 1st class lounge. ( Min balance hk$ 1 million quatrely to maintain Priv Banking status:dread
Infact HSBC Hong kong gave me introduction to Wells fargo USA (when I migrated in 1997 after china handover ) ,
Wells fargo Los Angeles gave a Gold credit card (not secured /not debit)with 10kUS$ credit limit
(when I was fresh off the boat with out drivers liecence/Social security/ permanent address and living in Motel weekly basis still house hunting with a PO box address and weekly rental car!!) ( not to mention 250k US$ wire transfer deposited to open the a/c in wells fargo gave me the red carpet)
But after I few days i tried to open wall mart card a/c ( $ 500 limit)...... Rejected because I have no credit history!!)
If you can afford to block 75K in FD for a few years, get this service . you will get free invites for many shows ,exihibitions etc. you can act like Royalty even if you are not one.
In Hyderabad, I saw Axix bank having a Privl banking center with seperate floor ,plush sofa, free gourmet coffee ,Bagel etc.. a bit far away from home)