Open an account that serves your purpose. As you go along, you can always close and open another which you find it better than your previous account.

Banking is always evolving, so bank will always intro new products. What is best now may not be good in the future.

Choose a bank with branches near you and convenient. Don't worry too much about rates as most banks are quite similar, it is for the convenience of performing your banking needs.

Introducing nuon, the new savings account & debit card by OCBC.

https://www.ocbc.com.my/personal-banking/ac...nuon/index.html



This post has been edited by cybpsych: Dec 6 2019, 11:39 AM

Public Bank: WISE Savings Account
- 28 January 2020

Please be informed that the interest rates for WISE Savings Account (WISE) has been revised with effect from 28 January 2020.

Click here for the latest rates.

Thank you.

OCBC interest rate revision wef 29/1/2020 & 1/2/2020

Looking to grow my savings. Has anyone used Hong Leong's Pay&Save account? Leaning towards opening an account there. The interest rate looks ok compared to other banks. Now got promo also. Maybe i can get a new phone also while im at it.

https://www.hlb.com.my/en/personal-banking/...promotions.html

Dont forget the Thermos.

if you really want to grow your savings (per title),...may I suggest that you go for a product that does not "force" you to commit to spending RM500 online and RM500 debit card usage PER MONTH.

each RM100 saved by reducing your monthly spending will do more wonder than this product.

Better with

OCBC 360

or

Standard Chartered Priviledge Savers

Both higher than Hong Leong rates

Slow growth. Forex game is faster.

https://www.cimb.com.my/content/dam/cimb/pe...te-revision.pdf

which bank easier to open a saving account? public bank don't let me, they got so many excuses. i wanna cash out my late mom's epf saving.

3.1 All Malaysian citizens and permanent residents shall be entitled to one
basic savings account (BSA) and/or one BSA based on Islamic
principles per DFI.

https://www.bnm.gov.my/index.php?rp=guideli...ic_banking_serv

Effective 1 February 2005, all commercial banks and finance companies 1 will offer a basic savings account (BSA) and a basic current account (BCA), with no overdraft facility, to all individual Malaysians and permanent residents.
The accountholders of BSA and BCA will have access to the following minimum services related to these accounts:

https://www.bnm.gov.my/index.php?ch=en_pres...&ac=950&lang=en

maybe u can share with us the reasons given?

Usually they all give the same reason for anything: "HQ not approve"

since when need hq approve for savings account?

e-KYC for banks to come soon

In a nutshell, e-KYC is the online process of verifying the identity of customers and assessing the risks or possible illegal intentions during each transaction — whether it be opening or logging onto an account, applying for a loan or making a payment. With e-KYC, consumers no longer have to go to a bank branch to open a savings or current account.

https://www.theedgemarkets.com/article/ekyc...u-9TFJ9eW3vRBB4

IT'S NOW A BREEZE TO OPEN AN ACCOUNT ONLINE [ CIMB | T&Cs ]
1 March until 30 April 2020

Complete account opening and collect your debit card at selected branches[1], and get


*For new customers[2] opening a selected CIMB individual CASA/-i. Limited to the first 800 successful applications.

1. The selected branches are as below:

Selangor: Bandar Sunway, Cyberjaya, Pelabuhan Klang
Kuala Lumpur: Megamall Mid-Valey, Taman Mutiara Cheras, Bandar Baru Seri Petaling, KLCC, Wisma Genting
Johor Bahru: Bangunan UMNO, Southkey, Jalan Kebun Teh, Bandar Baru Permas Jaya, Nusa Bestari, Jalan Dedap, Senai

2. The campaign is open to all Malaysian citizens with MyKad, who do not have a CASA/-i registered with CIMB prior to the Campaign Period, and have opened one of the Participating CASA/-i during the Campaign Period.

3. Must maintain a minimum monthly average balance of RM1,000 in the Participating CASA/-i in the month immediately subsequent to the date in which the Participating CASA/-i was opened.

Revision of AmBank Deposit Accounts Interest Rate w.e.f. 15 May 2020.