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 Priority Banking, Everything about Priority Banking

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apathen
post Oct 5 2020, 07:47 PM

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QUOTE(Cazoo @ Oct 5 2020, 04:25 AM)
HL priority banking no standard.service is slow ,lack of amenities and fd promo is the same as mass market
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their priority account no benefits, i wonder what is the pull factor?
icemanfx
post Oct 5 2020, 08:19 PM

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QUOTE(Cazoo @ Oct 5 2020, 04:25 AM)
HL priority banking no standard.service is slow ,lack of amenities and fd promo is the same as mass market
*
QUOTE(apathen @ Oct 5 2020, 07:47 PM)
their priority account no benefits, i wonder what is the pull factor?
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Probably threshold is too low.
Zenph
post Oct 5 2020, 08:50 PM

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Err I saw my Maybank is listed as preferred banking. Is this what u guys called as private banking?

I never apply this before lol what’s the benefit?
David_Yang
post Oct 5 2020, 10:47 PM

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QUOTE(Zenph @ Oct 5 2020, 09:50 PM)
Err I saw my Maybank is listed as preferred banking. Is this what u guys called as private banking?
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No. Private banking is for real money usually above 1 mil AUM.
David_Yang
post Oct 5 2020, 10:50 PM

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QUOTE(apathen @ Oct 5 2020, 08:47 PM)
their priority account no benefits, i wonder what is the pull factor?
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The advantage of a personal (and always the same) RM is so big. Can handle things by using WhatsApp instead of heading to the bank and stand in the line.
GrumpyNooby
post Nov 11 2020, 09:41 PM

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Important Notice – Removal of TRB Fee

Effective 1 December 2020, the Total Relationship Balance (TRB) fee of RM80 per month for Citigold customers with a threshold amount of below RM200,000 will be removed.

We appreciate your continuous support to Citibank as your banking partner.

https://www.citibank.com.my/global_docs/pdf...-of-TRB-Fee.pdf
anonymous552235
post Nov 12 2020, 02:38 AM

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QUOTE(GrumpyNooby @ Nov 11 2020, 09:41 PM)
Important Notice – Removal of TRB Fee

Effective 1 December 2020, the Total Relationship Balance (TRB) fee of RM80 per month for Citigold customers with a threshold amount of below RM200,000 will be removed.

We appreciate your continuous support to Citibank as your banking partner.

https://www.citibank.com.my/global_docs/pdf...-of-TRB-Fee.pdf
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So its now ok to fall below? 😶
icemanfx
post Nov 12 2020, 05:22 AM

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QUOTE(anonymous552235 @ Nov 12 2020, 02:38 AM)
So its now ok to fall below? 😶
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Likely mean Citi will either remove privilege offered or launch new tier/product.
cklimm
post Nov 12 2020, 07:45 PM

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New kid in town:
Affin Avance, 50k to join
https://www.affinonline.com/affin_avance
GrumpyNooby
post Nov 13 2020, 08:21 AM

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QUOTE(cklimm @ Nov 12 2020, 07:45 PM)
New kid in town:
Affin Avance, 50k to join
https://www.affinonline.com/affin_avance
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The requirement is much lower the standard 100k AUM/TRB.
Perhaps wants to compete with HSBC Advance. The other thread mentioned that TRB is as low as 30k only.
babyscouts
post Nov 13 2020, 08:28 PM

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QUOTE(cklimm @ Nov 12 2020, 07:45 PM)
New kid in town:
Affin Avance, 50k to join
https://www.affinonline.com/affin_avance
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On demand financial guidance
Dedicated personal financial consultant
Enahnced banking benefits
Preferential interest profit rates on banking products
Digital financial dashboard
Recognition for excellence

But the charges is a drawback

This post has been edited by babyscouts: Nov 13 2020, 08:29 PM
cklimm
post Nov 15 2020, 05:25 PM

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QUOTE(Cazoo @ Oct 5 2020, 04:25 AM)
HL priority banking no standard.service is slow ,lack of amenities and fd promo is the same as mass market
*
QUOTE(apathen @ Oct 5 2020, 07:47 PM)
their priority account no benefits, i wonder what is the pull factor?
*
Used to be great before MCO. Hope they reopen the lounge in 2021.
MilesAndMore
post Nov 16 2020, 01:14 PM

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QUOTE(babyscouts @ Nov 13 2020, 08:28 PM)
On demand financial guidance
Dedicated personal financial consultant
Enahnced banking benefits
Preferential interest profit rates on banking products
Digital financial dashboard
Recognition for excellence

But the charges is a drawback
*
Affin Avance is not a Priority/Premier banking product.
edcyf
post Nov 16 2020, 08:55 PM

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QUOTE(cklimm @ Nov 15 2020, 05:25 PM)
Used to be great before MCO. Hope they reopen the lounge in 2021.
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Besides that HL Priority have higher AUM requirement at 300k compared to CIMB Preferred 250k, Maybank Premier Wealth 250k and RHB Premier at 200k
jack2
post Jan 5 2021, 02:37 PM

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I want to open premier banking account. Anyone?
GrumpyNooby
post Jan 5 2021, 02:39 PM

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QUOTE(jack2 @ Jan 5 2021, 02:37 PM)
I want to open premier banking account. Anyone?
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Which bank?
jack2
post Jan 5 2021, 02:59 PM

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QUOTE(GrumpyNooby @ Jan 5 2021, 02:39 PM)
Which bank?
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The best with free coffee... cool2.gif
TiramisuCoffee
post Jan 5 2021, 06:13 PM

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What type of “priorities” can v expect from such banks? Top 3 pls?
GrumpyNooby
post Jan 5 2021, 06:16 PM

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QUOTE(TiramisuCoffee @ Jan 5 2021, 06:13 PM)
What type of “priorities”  can v expect from such banks? Top 3 pls?
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He just wanted best free coffee. dry.gif
TiramisuCoffee
post Jan 5 2021, 06:19 PM

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QUOTE(GrumpyNooby @ Jan 5 2021, 06:16 PM)
He just wanted best free coffee.  dry.gif
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laugh.gif

Any good recommendations?

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