Standard Chartered ATM/Debit Card
7% Petrol Rebate for ALL Petrol Brands
5% Cash Rebate for 7 Major Hypermarkets
(*valid till end January 2011)

This is tied to SaadiqSaver-i Current Account.
Average Balance
Up to RM15,000 - 1.20% Indicative Returns p.a
Above RM15,000 - 1.90% Indicative Returns p.a

0 Charges for opening of account
0 Charges for first issuance of ATM/Debit Card
NO minimum deposit
NO introducer required
Unlimited ATM and Over The Counter access (Standard Chartered)
HOUSe ATM Network withdrawals for a nominal fee of RM1.00 only per transaction (HSBC, UOB, OCBC)
Bundled with Internet Banking, Phone Banking and SMS Banking
Cheque Book facility
If average balance falls below RM1,000, maintenance fee of RM10 charged per 6 months

Dear Jeff,

Greetings and glad to hear you are one of our satisfied customer. Yes, if average balance fall below RM1,000, RM10 per 6 months is charged. Comparing to other banks, for current account we are still the lowest requirement to maintain RM1,000 balance and with minimum maintenance charges at RM10 per 6 months.
The hypermarkets are Jusco, Tesco, Giant, The Store, Carrefour, Parkson and Watson. Unfortunately econsave not included, but I can bring it up maybe in future

This post has been edited by muddie: Dec 11 2010, 01:37 PM

Dear MNet,

No, 1st ATM/Debit card issuance is free. RM8 only for replacement if you lost/damage your card.

Dear MilesandMore,

If you open PowerPay Savings Account and SaadiqSaver-i Current Account from my department (Employee Banking Solutions) there is no annual fee.

Hi Milesandmore,

To open PowerPay Savings Account:

18 years and above
Salaried employee earning min RM1500 monthly

Documents: Photocopy IC only. If you would like to open a PowerPay account I will be glad to assist you. 0 deposit, 0 charges for 1st issue of ATM card, no maintenance charges.

You can either advise your HR to credit your salary to SC, or you can online transfer your salary by yourself. Otherwise you can use PowerPay as your secondary account for savings purpose due to the high interest rate given (2.0% - 2.5% p.a). If you would like to find out more, don't hesitate to contact me.

This post has been edited by muddie: Dec 12 2010, 10:53 PM

Dear Milesandmore,

You are most welcome. Please do recommend to your friends as our PowerPay Savings Account is giving one of the highest interest in the market. Also, one day when you start working, support me k?

Hi Alex,

1) Nope, it is not compulsory but recommended for you to credit your salary into your account. You may use PowerPay as your secondary account for savings with high interest. The easiest would be online transfer from your payroll bank to SCB, otherwise through ATM, Cash Deposit.
2) It comes with a 2 in 1 ATM/Debit Card - free 1st issuance, RM8 for replacement.
3) Yes ATM card is free, no maintenance charges whatsoever.
4) The cash rebate for 7% petrol is only applicable if you open SaadiqSaver-i Current Account, yes valid till end Jan 2011.
5) No it is not compulsory, you may choose to open only 1 account or both at the same time.

Since you are already a SCB customer, you may consider opening PowerPay for higher savings return. If you need more info don't hesitate to call me.

Howard Goh
016-310 6046

This post has been edited by muddie: Dec 15 2010, 01:40 PM