Regular V/S Premium Savings Accounts: Know The Difference

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Do you have a regular savings account or a premium one?
Understand the meaning of and differences between these accounts to choose the right one.

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Regular Savings Account

This is a basic savings account offered by most banks. It has simple eligibility parameters and a low minimum balance requirement.

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Premium Savings Account

Loaded with premium features and benefits, this account is usually offered to High-Net-Worth Individuals (HNIs).

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Features of regular savings accounts

•Low minimum balance requirement
•Limited additional privileges
•Standard banking facilities
•Basic debit card

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Features of premium savings accounts

•High minimum balance requirement
•Multiple perks and privileges
•Premium debit card with international acceptance

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Which one to choose?

A premium account is suitable if you are eligible and have optimal funds to maintain the balance. Else, a regular account is a good choice.

IDFC FIRST Bank

Get premium features with a regular IDFC FIRST Bank Savings Accounts like a rewarding debit card, monthly interest credits and zero-fee banking.

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