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Should I downgrade my HDFC special gold account to regular before I apply for classic banking?

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Kochiro

RM advises not doing it as it will affect her portfolio but I read that classic accounts with special gold gets downgraded easily for not maintaining 1 lac. She assure that this won't be the case as it's up to her to downgrade the account.

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Super Stud Super Stud
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What is classic banking? Benefits

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asking for help @sujith8786 @prem4998 @Fanil @Manitian

Generous Generous
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My RM insisted me on opening gold speciale + classic but I only wanted normal or SB max + classic so I went with SB max + classic. Ask her to make your account zero balance. If she does, then no worry for non maintenance and u can keep the gold + classic without maintaning 1L but you need to actively use the account for transactions to keep the classic relationship.

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Deal Lieutenant Deal Lieutenant
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I don’t see any benefits for classic account apart from zero balance. Just for this benefit only, I have even converted my spouse account to classic family as well. Anyway I don’t keep much balance due to lesser Interest rates.

Finance Ninja Finance Ninja
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My dad has classic account and for my sister’s account opening the bank person came to our house.. apart from that you get free debit card, easier and more pre-approved credit card offers

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Does it matter what my account type is before I get into classic banking ? My mom’s account RM says I should change my account from youth to regular before keeping it as main account for family group. Does it matter what my account varient is and should I change my youth account to regular or max before joining classic banking ? @sujith8786 @prem4998 @Fanil @Manitian

Deal Lieutenant Deal Lieutenant
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Can’t help here. Unfortunately I don’t have much info here

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thats true but I am not gonna keep 1 lac in it once they upgrade it to classic😛 @fanil

Deal Cadet Deal Cadet
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I got preferred banking invitation via WhatsApp shall i accept or reject it. 

Minimum balance criteria is 2lakh, but my account is zero balance salary account. 

Finance Mentor Finance Mentor
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Guys How to make the classic account Zero balance account, are there no Debit card AMC charges once converted to Classic 

@prem4998  @sujith8786 @prem4998 @Fanil @Manitian

Deal Lieutenant Deal Lieutenant
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I haven't checked really. Not sure if my amc charges are zero or not. But yeah my account is classic.
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Finance Mentor Finance Mentor
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bro My HDFC relationship was upgraded to classic banking a year back and then to Preferred banking 6 months ago , does this mean if I make my account zero balance now , In worst case my account can be downgraded to classic relationship  and the debit card will still be free.
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