OCBC Premier Banking really sucks. The privelleges are poor and thier plat credit card does not get you good rewards.


I dont know what is premier about their service other than no need to queue at bank.

Yeah i know. Just to highlight that big commercial banks here in Malaysia do not offer private banking. Your question should be changed to "do do you get better housing loan rates if you are HSBC Premier or Citibank Citigold or Standard Chartered Priority or UOB Privilege or OCBC Premier customer" ?

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Added on March 15, 2009, 11:31 pmYou should definitely swith to HSBC Premier. Very professional and wide network.

This post has been edited by MilesAndMore: Mar 15 2009, 11:31 PM

i thought maybank got private banking n public bank got priority banking??

cimb club does offer special rate for hire purchase and housing loan. Need to check it out with the RM.

Oh yeah, now that you mentioned it, i do remember seeing reserved parking outside MAYBANK Building in Kota Kinabalu specially for their "private banking" customers. I'm not sure if the Maybank "private banking" we have here is the equivalent of the HSBC Private Bank we had several years back but very likely it's not. I believe it's just like other big banks' VIP.

Public Bank's one is called "Red Carpet Banking". It doesn't offer much compared to other banks'.

ok checked on the website
but i'm not sure how to read it.

http://www.cimbbank.com.my/index.php?ch=ba...4&tpt=cimb_bank

does this mean we get -1.6% below the shelf rate?
sounds too good to be true.
BLR - 1.7 - 1.6 = 2.25 (BLR = 5.55),
or i'm reading it wrong?

Now SCB is revising the entry level for Priority Banking Customers to RM250k effective 1st April 2009.

Any news if other banks (Citibank & HSBC) will follow suit soon ?

@hye,
hMm.... SCB's revising it up, right? If I ain't mistaken it used to be RM200k?!

What to do, the value of $$$ drop lieu

@tgeoklin,
hMm... how come my RM200k didn't become RM250k then?!

well, its the value which drop, so you need to top up more .... if you had bought 200K worth of gold bar, then more than 250K now

@tgeoklin,
siGh..... unfortunate for me but I prefer diamonds; which honestly is a crap investment

yeah, tell me about it ...... price has since drop horrendously

@tgeoklin,
I haven't gotten my 1.5 carat stud so hehehehh let it drop more! Know any banks giving our diamonds when you join them as member?!

Sorry, can't think of any but tons of them will be more than willing to send you loads of brochures from their merchants selling such

But I do know a few Ah Bengs who more than willing to give you some if you join their family as a member

This post has been edited by tgeoklin: Mar 24 2009, 04:57 PM

@tgeoklin,
Send over the details of the Ah Bengs + their family members and what they're offering and I'll decide if it's worth it

To all the Ah Bengs out there, what you waiting for???

Wasn't it RM300k a few years ago ? Same with HSBC and Citibank. Then don't know when all these 3 banks lowered it it just RM200k.

@MilesAndMore,
I guess banks adjusts it to market conditions + how badly they want new clienteles because the higher it is, the easier the entry level