1.8% is a respectable rate. Besides, they have more ATM around that make them more convenient than OCBC Bank.

As long as your account is not dormant they will not close your account.


He is referring to foreign banks ATM in Malaysia.


But life is unpredictable. I'm referring to emergency.


Good question. Need to check the T&C again or write them an email. My SCB JustOne account do reimburse me the fees charged on withdrawals made from local banks' ATM.

This post has been edited by MilesAndMore: May 30 2016, 12:16 AM

The normal one that follows board rate.

It is the same.

OCBC Bank is also having fee-free MEPS Instant Transfer via Mobile Banking now.

No. Standard interest rate is only 0.25% and you need to bank-in RM1,500 (must in a single transaction) for that particular month to enable the 1% bonus interest and unlimited interbank ATM cash withdrawals. The is however no 3 withdrawal limit on the savings account a la AmBank TrueSavers.

Very likely it is a system error. Give them a call and they will reverse it. Or it will just magically disappear in a few days time, just like what i faced last month but that was about them charging me RM5.30 when i transferred some money out from my True Transact account on the first day of June.

That's weird. Perhaps you can call again and see if the next CS will tell you the same thing.

Yes. They will always deduct the fee from your account balance first and only refund to you at the end of the month which you'll see all the refunds on the first day of every month.


Saadiq has a Saadiq JustOne personal account too and the features are the same as the normal JustOne personal account (bonus profit, they call it interest in conventional banking, fee-free MEPS cash withdrawals, free online instant transfer/IBG etc). I have three JustOne accounts (Personal JustOne Account, Preferred JustOne Account and Saadiq Personal JustOne Account).


Did you have an active AmBank account when you opened the True by AmBank account ? I already have an AmBank Islamic Basic Savings Account when I opened my True by AmBank account online and everything was couriered to me and I did not have to visit the bank branch anymore. Activation of the True by AmBank debit MasterCard was done with just a phone call to their call centre.

There could be a way to get around the annual fee. What you need to do is to open a non-fee Basic Savings Account and cancel and True by AmBank debit MasterCard. The only fuss of course is that you need to transfer money out from your True Account online to your Basic Savings Account before you can withdraw the money. However do note that you only get 8 free ATM cash withdrawals a month.

In the email regarding the new annual fee being introduced to True by AmBank debit MasterCard today, it says that if your True by AmBank debit MasterCard is also linked to a non-fee Basic Savings or Basic Current Account, there shall be no annual fee.

From my understanding, come Nov 2016 is considered as first year and every True by AmBank debit MasterCard will get their annual fee automatically waived next month. They will only start charging annual fee from Nov 2017.

Anyway, according to the email they sent to all True by AmBank customers. If your True by AmBank debit MasterCard is also linked to a non-fee basic savings account, the annual fee for the debit card will be waived. So, if you must use this True by AmBank account and do not want to pay for the debit card annual fee, you might want to consider opening a basic savings account and link it to your True by AmBank debit MasterCard.


Standard Chartered is not for everyone due to limited branch presence.

This post has been edited by MilesAndMore: Oct 27 2016, 12:21 AM

The calculative ones still don't want it because withdrawing at a local bank's ATM will incur an upfront cost of RM4.24. I don't understand why but I guess they have their reasons. And of course another reason is because many think from their point of view that everyone lives in the city but there are still many who don't and the closest Standard Chartered Bank branch is probably an hour away. If anything goes wrong with the account and for whatever reason they must settle it at a physical branch, all the so-called savings is probably gone with just a return trip to the branch office. So yeah, Standard Chartered is not for everyone.

This post has been edited by MilesAndMore: Oct 27 2016, 09:47 AM

I got a different black and white reply from AmBank. From the reply i received, come Nov 2016 is considered as first year (as i said in my earlier post) for those who opened the True by AmBank before Nov 2016 or in Nov 2016. Nov 2017 is considered as second year.


Customer retention for credit card ? Yes. Customer retention for company current account ? Yes. Customer retention for corporate account ? Yes. Customer retention for PB customer ? Yes but even this is rare. Customer retention for savings account ? No. It's not just AmBank but pretty much all banks do not give a hoot.

Free IBG and IBFT is always there whether or not you make a deposit into your JustOne Personal Current Account.

You can take advantage of the free IBG or IBFT from your JustOne Personal Savings Account too. Free IBG and IBFT work on both JustOne Personal Current Account and JustOne Personal Savings Account. I've been doing this for years


I have been taking advantage of Hong Leong Connect free IBFT since they started this a few months ago. I hope they will extend this free IBFT to end of next year


Officially there is no minimum initial deposit required for the opening of JustOne account. Just like my old Standard Chartered e$aver account that I opened back in late 2007, I opened the account with RM0 and even back then, their debit card was already annual fee free. To those of you who didn't know, e$aver was the first high interest bearing savings account and they were giving 8% cash back for all petrol transaction which was very useful back then due to the sudden RM1 increase in petrol price during Pak Lah administration under the advice of our current PM.

Anyway, about a year after this JustOne was on the market, they started asking people to make an initial deposit of 1.5k if you want to open this account. However, as I mentioned, officially there is no minimum initial deposit requirement for the opening of this JustOne account.

We're actually too far off-topic already. For any queries on Standard Chartered JustOne account, please post your questions here. Thanks.

This post has been edited by MilesAndMore: Oct 29 2016, 05:24 PM