Is it smart to separate UPI and savings into different bank accounts
Thinking of separating my banking setup for safety.
Current idea:
Keep HDFC as my main UPI/daily spending account with around 50k–1L balance
Open a new ICICI account for savings/liquid funds (4–5L+)
Main reason is I keep hearing about random cybercrime freezes/lien marks on active UPI accounts because of disputed incoming transfers.
Does this setup make sense practically?
Also, is transferring 4–5L from my own HDFC account into a brand new ICICI account likely to trigger any issues?
u/lifedreamsurprises — 9 hours ago