I have a preferred account which has a high limit. Can you tell if there are any benefits written in that email?
Yeah sure. I'm sharing a screenshot of the same. These benefits are really good.
Correct even if you have lifetime free millennia card and if u get updated then your annual fee waiver is also lost.
It's a pretty useless upgrade. Most customers who maintain 1Lakh+ balance in the past 3-4 months are automatically shifted to classic banking. I don't see any specific benefit of upgrading, on the contrary classic banking customers are bombarded with calls from RMs because their Account Balance is usually decent.
| Product/Type of Charge | Classic Fees and Charges |
|---|---|
| Debit Card | HDFC Bank Classic Platinum Chip Debit Card with nil annual fees. |
| Charges on Non-Maintenance of minimum Balance in Savings Accounts | Nil |
| Charges on non-Maintenance of minimum Balance in Current Accounts | Applicable as per product variant of current account |
| Locker Annual Rental | Locker with 25% discount on annual rental charge available for first locker allocated per group |
| Forex transaction rates | Up to 5 paise better rate on card rate for forex transactions on select currencies. |
| Multicurrency Forex Card | 40% Discount on issuance fees on Multicurrency card. |
| DD/MC Charges on Savings Accounts | Nil issuance charges on DD/MC up to Rs.1Lakh per day per customer as long as part of the Classic programme |
| Transactions on Domestic ATM | No charges for usage of HDFC bank as well as non HDFC Bank ATMs |
| Cash Transaction Charges for Savings Accounts | 5 transactions with nil charge |
| Demat account Annual Maintenance Charge (AMC) | Discounted AMC of Rs.500/- per annum in case of Nil transactions, Rs.250 if at least 1 transaction. |
| NEFT/RTGS | Nil charges through online mode Charges applicable as per savings / current account variant for outward fund transfers done through branch |
