Hello guys,

im an existing maybank saving account customer, and now thinking of opening a current account for small business. But at the website i saw got 6 of them ! which one to choose ???

please advice

Premier Club Account
Personal Current Account
Basic Current Account
Basic Current Account-i
Maybank2u.Premier
Premier 1 Account

Please advice !

This post has been edited by cscheat: May 6 2009, 04:37 PM

go ask ler the bank officer...
if not wrong, mine is personal current

bro, personal current can check balance online? got cheque facilities? you company or what? no need introducer?

This post has been edited by cscheat: May 5 2009, 07:20 PM

To me, maybank2u.premier is the best. I'm using it right now. No need introducer good for personal use. Earn interest every month but not much la.

oh ? maybank2u.premier... i will go do some research first

or you can try basic current,only RM 500 can open account without introducer too.
but semi annual RM10 charge if balance less than 3k i think,not so remember

company can apply?

For company account,if i not mistaken only can use Normal current account or personal current account.

Premier 1 Account is the best in terms of features and benefits and has the higher interests for a current account but requires minimum average balance

Go below the minumum average monthly balance and you get fined (they call it monthly charges).
But they have to do this, if not they could not offer you such benefits for free as any for-fun person would open an account with them.

This post has been edited by aeronic: May 6 2009, 02:16 PM

thanks for advice bro ! by the way, what about maybank2u premier? i saw it can be accessed online !

@cscheat,
If you're planning to open one as a Business Account, you may want to consider PBB instead because I been told, you're able to check your account / transactions via their Online Banking. MBB wouldn't allow U to do that.

I'd just open a Maybank current account for my business (Don't ask me which type it is, I just don't know).

Requirement:
- One introducer with a valid Maybank current account for at least a year.
- RM 2000 (or RM 2500 can't recall well).
- Business rubber stamp.

Facilities included:
- Cheque book
- Maybank2u (Need to fill in one extra form)
- You can check your transactions online for up to 60 days (if not mistaken)

If you plan to open for business use,then no choice have to use like gs20 said. Those other like you said in 1st post is for personal use only.

@gs20,
Er.. business account can open M2U huh?! oKies.. I need to get my Admin Manager to check it out and ask her to get it opened if it's possible. Thanks for the information

very hard to find introducer ! anyone want to become my introducer ???

the last i checked all the choc full and fancy accounts like premier 1 and maybank2u.premier current accounts are only for individuals.

that time they bank teller said, for company can only use classic current account.

TS, are you sure it is maybank2u? and they offer it for businesses?
it could be maybank2e which is not same as maybank2u.
the last i check maybank2u is for individuals only.

how to be introducer when people don't know you la?

most people won't simply recommend others.

Just walk to your nearest Public Bank branch and open an ACE Account with them. No introducer required. Problem solved.

i don't know what's up with maybank with all the introducer thing.

last year i wanted to open a foreign currency account and they told me i need an introducer which other bank doesn't even require one. (i already had one with OCBC and there's no such issue.)

Ended up my dad calling the branch manager and asked if this is the rules set by Bank Negara then she says i don't need an introducer.

Hong Leong Islamic Current Account-i is not bad, quite high interest rate offered.

<1k no interest
<50k 0.70%
<100k 1.10%

Rate changes every month.

Pls note it's an Islamic current account. HL normal current account does not offer such high interest. Islamic account does not require the account holder to be Muslim so dont worry

that is totally no competitive, compare this
taken 090522

This post has been edited by aeronic: Sep 12 2009, 03:20 AM

that's true also ...

i need Maybank ! i dont like public bank

You're the first person that i know who dislikes PBB

Anyways, I'm using M2U Premier. So far so good.
It does have an average balance requirement (can't remember the terms) and if you don't meet it, you'll be charge a fee.

Savings accounts now is giving super low interests, so a current account gives added advantages i.e. cheque book

Business account can open M2U and also can read transaction 3 month before.

This rate is incorrect. It's much lower now.


Me too. There are so many people dislike Maybank and CIMB Bank because they are very slow but never Public Bank


Standard Chartered Bank is giving 1.5% interest for their savings account (E$AVER). No minimum deposit required to open this account and absolutely no below balance fee. All you need to pay is the RM8 annual fee for ATM Card.

This post has been edited by MilesAndMore: May 22 2009, 01:18 PM

Maybank very troublesome, need this need that. although i am using maybank, sometimes i think

How about eon bank? When i turn 18 the other day, i go apply for current. the following week got my cheque book! no need introducer or purpose of opening current acc(need for maybank)

Best advice, go into a bank and ask them whats the best for your needs. Its alot of accounts to think about. I'm sure someone can advice you based on your needs. Not knowing your needs its difficult to choose or give advice.

Mind to share what is your business type? Sole proprietor or partnership?
If sole proprietor, you can use personal cheque for business purposes (legally you 2 are the same entity, make no difference to get a company cheque book).
And I think if you are in partnership, more than half of the posting you can ignore

wot? i fetched it today from their site
so either they did not update or...... your source pls?

From www.maybank2u.com.my. Links posted below.

Premier 1
Maybank2u.Premier
Premier Mudharabah Account-i
Net Current Account

I have 3 company accounts with Maybank (all are enterprise) and M2U is free. Only if company is S/B, u need to pay RM 100 per month. Since my new company is a S/B, I will share u a trick to save money.

Assuming all 4 accounts in the same branch, u simply write a cheque from the S/B account and do a house cheque clearance (manually at the counter). The money will transfer from S/B to enterprise account after 5pm same day.

Now, with money in the enterprise A/C, u login as per usual and pay bills, salaries and etc...

Been doing this for years and not a single problem. Only thing is u need to keep records.

How is that save money? U still paying $100 /month on S/B account?

That's not a good accounting advice. Be aware that the IRB would be very curious as to why you are doing so. You can always apply for current account which is not link to internet so that the charges are not high. Keywords here (may not be applicable though) are transfer pricing/related parties transaction/anti-money laundering act/etc.

wah... good trick but i scare later kena IRB