I would say if you are qualified for the CIMB Preferred, try to go for another bank instead. The reason so is because I am with MBB Private Banking and CIMB Preferred; and CIMB's RM quality falls far behind the one MBB have. This is the largest drawback from CIMB.

Virtually, you need to have at least 250K in the CIMB AUM to maintain a Preferred membership. If your account falls beyond 250K, then you have to pay RM200 quarterly for the service. Difference between MBB and CIMB is, you get a car sticker, MBB doesn't. You get a membership card for both.

Ah, you get nothing for maintaining a CIMB Preferred membership, whereas off and on, you will get "something" from your MBB RM.

can elaborate or cite some example of those "something"???     

can elaborate or cite some example of those "something"???     

Guess that SOMETHING can only be provided by a female RM? lol

guess time are tough.
cimb are opening doors to recruit preferred members WITHOUT rm250k. heck without RM200k even.
others would follow suit soon enough or new 'status' would be created?

To make it specific, RM250K IF you are NOT buying or investing in their Islamic product.

If you are investing in an Islamic for e.g. Islamic-FD, then 200K is sufficient for your to be tagged as a Preferred Customer.

Question BUT, what's the use if 200K can't be maintained over time?

Question BUT, what's the use if 200K can't be maintained over time?

good point.
while i have neither of the requirements as described by you, i do have some small FD with them. maybe because it's the pro-longed duration hence they are interested to sign me up perhaps?
while i have some doubts myself on sustaining the account, am a bit hopeful that their RM can tempt me to continue maintaining my $$$ with them.
am a sucker for freebies. hope MBB can approach me lor but doubtful since i don't even have a MBB account.
is it true preferred customers gets to enjoy higher savings rate and lower loan rates?
any cimb branch with free coffee or food? kekeke. 

Yes, FD rates are negotiable and mortgage rate is -2.4 regardless of any loan amount. So far I have been to Empire CIMB Preferred Center and there is free coffee, just need to walk in to that center and coffee is on your left.

Empire branch used to be able to chop your parking ticket for free parking at the mall. Just show the ticket to the rm. 

Not bad actually. for investors who exceed 250k in their itrade account, a Preferred membership is given automatically. The premium parking place is definitely the best perk in this membership.

Really ? How can I apply for that ??

I have MBB Preffered (Private Wealth) and not very impressed so far - been  about 2 months and the debit card still isn't ready due to some PIN fault with the debit cards 

Maybe will change to CIMB if there's any decent benefits, will wait and see