Hahah, what I do is usually perform instant transfers to CIMB/Maybank

I will choose standard chartered bank (Privilege Saver with 2.5% interest) for payroll account

Is standard charterd have a many atm at KL ?

maybank certainly. only issue is that the queue is long at the branch for cash deposit. but lucky at certain main branch, they really have many many cash deposit machines.

ocbc is my secondary account.

Just asking, can we cancel the card but keep the saving account? Since most of the bank charge you for the annual card fee.

How about Current Account (a "general-use" account on which you can write checks, use ATM/Debit cards and have unlimited transactions)? Only good for business?

I assume you're talking about debit card? Opt for basic savings account that gives you limited withdrawals per month to bypass the RM8 annual charge

Mostly use for business.
No point writing cheque when shopping, right?

We only need an account for the transaction so saving account is unnecessary don't you think?

If want to save can transfer from current account to PMMMF or ASB. If want quick buffer, credit card will do.

I have few bank accounts opened for the sake of FD.
Damm, every year get charged the card fees.

But my daily usage will be mostly on MBB, no charge (I think) as ATM card cancelled due to fraud incident 3 years ago.

Other bank all get charged, CIMB HLB AmB thinking whether I can request to cancel the card to save the fees, hard earned money leh

Pbb paling jialak, 8+8 I also dunno why Lena charge twice, someone pls enlighten me.

Close account and open free basic saving account. Problem solve. Forget about FD. Use asnb fixed price fund to replace FD.

In the midst of transferring. Going to close all useless account.

I use CIMB for its big ATM network. Most Petronas stations have their ATM and I drive a lot so that's very convenient.

I use OCBC's 360 account for its high interest rate of 4.1%. FD level interest without any lock in of funds. Just that have to do three things monthly, deposit RM500, pay three bills via internet banking and swipe RM500 cumulative on their credit or debit card.

I use Standard Chartered JustOne current cum savings accounts for being able to use cheques without account fees.

I use OCBC 360 for the daily life, paying bills, salary and so on. Great to get so much interest from an smple account like this.

CIMB is my favourite for ATM, Credit Card and FDs.

Bank Rakyat is my bank for the long term FDs to create monthly income for spending.

AmBank I use for 4.4 or 4.5 FDs when they have and others have not.

I don´t need more accounts at the moment.

even some BSA got type 1 or type 2..haha..type 2 will charge you RM8 yearly for debit card

Not if all your BSA is the free one like mine. I give nothing to banks.

bank rakyat got BSA?

Oh boy....

1) RHB Bank - Salary account when I was an intern.
2) Maybank - Salary account of my first job.
3) Alliance Bank - Salary account of my second job.

4) OCBC 360 - All my savings currently parked here.
5) Hong Leong - Back when they used to have low minimum amount FDs.
6) Ambank - Also for FDs.

One of these days I will deactivate/change to BSA for RHB, HL, and Am, but problem is no branch near me lol.

oh boy.

you really have so many account around. i only using Maybank and OCBC 360.
ocbc 360 - Salary account
Maybank - secondary account for their ATM sake.
others using E-wallet.

Standard Chartered have something similar.

Monthly deposit (in one go) RM3000 cash and credit card spend RM1000 gets your 4%
Buy RM1000 worth of unit trust gives you extra 2% making a total of 6%

Not sure which thread to use so tumpang here..

A while ago (2-3 months back) I noticed that I'm being charged RM8 for my maybank debit card. After some googling and reading this thread its because I didn't opt for basic savings account during account opening. Honestly I don't even remember if I was given an option.

Having said, I visited Maybank @ Taipan Subang Jaya yesterday and asked to convert mine into basic savings account because I never withdraw more than 2 times a month - sometimes only withdraw once every 3~4 months. But the person in charge say this is no longer valid and all Maybank savings account that comes with debit card will need to be charged RM8 regardless.

Is it true or was I being conned?