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 Trading stock via maybank2u, let discuss

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dororo
post May 9 2014, 08:07 PM

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QUOTE(saldopullt @ Apr 11 2014, 04:33 PM)
I use maybank2u online stock just for the sake of convenience as I maintain all my account with maybank, saving/current/loan/credit card and etc. All in one would be easy tongue.gif
I took the basic account which is cash account. No margin thus easy to control.
So far before I open my trading account with maybank, I traded with CIMB as they allow me to sign up at the age of 18. But I few years later I found that maybank actually offerred the lowest brokerage fee so here I am now.. biggrin.gif
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is your cash account a Maybank Premier 1 Account (current account)?
as far as I know Premier 1 Account will charge RM5 per month
dororo
post May 11 2014, 10:26 PM

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QUOTE(saldopullt @ May 9 2014, 11:16 PM)
Yes Its a premier 1 account but it doesnt charge rm5 per month..
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why it won't charge you RM5 per month? unless you have 50k over in that account, right? icon_idea.gif
dororo
post May 12 2014, 04:37 PM

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QUOTE(lowya @ May 12 2014, 03:50 PM)
isnt premier1 cash account?

why would they charge u for holding a cash account without any borrowing.
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Taken from Maybank FAQ

3. Do I have to pay any fees?
There are no more autosweep and subscription fees, only a fee of RM5 per month to enjoy the benefits of Maybank Premier 1. However if your daily balance is more than RM50,000, this monthly fee will be waived.

Source: http://www.maybank2u.com.my/mbb_info/m2u/p...d=FACC-Accounts

That's why i am curious when RM5 is not charged for Premier 1 Account. hmm.gif

 

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