It depends on which category savings a/c does falls into.
Last time when I open, there is no charge for ATM card.
If lost, replacement cost RM8.

The other one is annual fee for unlimited ATM usage,
but Malangsia banks ATM got no standard one.
Many times rosak, out-of-service... so not worth it.

if anyone know bank with no annual fee for ATM card (or maybe cheap annual fee) but we can withdraw money oversea via maestro/cirrus/Plus

Except for bank tiger/Maybank

HSBC Basic Savings Account, Citibank etc.

HSBC quite difficult to open account based on previous experience. we need to open at branch which close to our IC address

Ah... i am not aware of that. How about Public Bank Day2Day VISA debit card (with Basic Savings Account) ? If my memory serves me correctly, Public Bank is now also issuing a debit card for Basic Savings Account these days.

Oh yeah, how about Standard Chartered JustOne account ? They offer 3 types of JustOne Account (refer to this thread) and it suits what you are looking for (annual fee free ATM/debit card)

If you'll be overseas in a country that has the access to global banks (HSBC, Standchart and Citi come to mind), it's sometimes advisable to use their local branches to withdraw vis-a-vis PLUS/Cirrus interbank.

(for example: HSBC charges RM5 per HSBC overseas ATM withdrawal vs RM10 + 1% (I think) on Plus/Cirrus. If you're Premier, you don't have to pay that RM5 too.)


Any kind of annual "fee" on a standard ATM card or checking account would be small in comparison to the interbank fees that you can avoid with overseas branches.

Thank you. PB sound goods. any different if we open basic savings than PLUS account? annual fee is free as well? if annual fee is normal nowadays maybe just need to accept it

It is said that the moment you put you money in saving account, you lose your money.

good option too. maybe can consider Citi or SCB (blacklist HSBC). thank you

How about OCBC, I heard smatsavers have good rate if we keep money inside?

For PLUS account, the annual fee for the PBB D2D VISA debit Card is RM8/pa. But for Basic Savings Account, there is no ATM card annual fee but you only get 8 free ATM cash withdrawals every month. Anyway, you need to confirm with them if they are now indeed issuing the PBB D2D VISA debit card for Basic Savings Account nowadays.


Ah, that is the OCBC account that bro Gen-X likes to promote Besides Smart Savers, he is promoting Starter Saver too. You need an initial deposit of RM200 to open a Smart Savers account and RM4000 for Starter Saver. And yes, both types of account come with high interest rate especially if you do not make any withdrawal in that particular month (take note of the minimum monthly deposit requirement).

OCBC Smart Savers


OCBC Starter Saver


You only have to pay RM8 once for the issuance of a OCBC ATM Card and there is no annual fee for OCBC ATM card. The OCBC ATM card has a HOUSE and PLUS logo behind.

This post has been edited by MilesAndMore: Jun 13 2014, 12:47 PM

OT : if I have local Malaysia HSBC ATM card, do I need to inform local HSBC or fill up form/CS to inform ?
Or just go straight withdraw ?
What are the exact charges ? (as you mention above ?)
e.g. To withdraw at HSBC ATM along the street at Hong Kong.

Not sure about the former, but don't think you'll need to fill up a form.
Just call the card center and speak to someone to clarify.

It should be RM5 for Basic/Advance accounts + HSBC forex rate.
Unlike Plus, currency conversion doesn't incur a percentage surcharge (normally an unavoidable 1% for all banks)

From my past experiences at HSBC ATM in Beijing and Jakarta, you do not have to inform HSBC MY or to fill up a form for overseas ATM cash withdrawal.


It doesn't work like this anymore since HSBC MY changed all old HSBC MY ATM card to a VISA debit card. Besides the RM5 per withdrawal fee (overseas HSBC ATM), forex is determined by VISA International and there is also a 1% admin fee.

Ah cripes you're pretty much screwed one way or the other, interbank or not. Citi might be a better bet here then.

One of the family accounts still holds the old Powervantage card. hmmmmm

Is the card still valid though ? Because HSBC actually forced cancelled my dad's PowerVantage ATM card. They did the same to mine too

X.E.D MilesAndMore
Thanks for helping, I'll call up HSBC CS next time to clarify before try withdraw.

for Citibank MY customers it is totally free of such service charges.
you don't need to be a Citigold customer

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