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 Priority Banking, Everything about Priority Banking

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Reventon
post Jan 13 2010, 12:45 AM

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QUOTE(tgeoklin @ Jan 12 2010, 09:17 PM)
Put it this way, I had an Enrich World MasterCard with 300k limit & still not invited  shocking.gif
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I assume you do not bank with them except their credit card product. But in approaching customer , i think HSBC is the most aggressive one as i always receive their call to offer me the PB , but i dont think at this time i would need it.
tgeoklin
post Jan 13 2010, 06:50 AM

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QUOTE(Reventon @ Jan 13 2010, 12:45 AM)
I assume you do not bank with them except their credit card product. But in approaching customer , i think HSBC is the most aggressive one as i always receive their call to offer me the PB , but i dont think at this time i would need it.
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You are most astute. Its my policy never to have loans & savings products from the same bank at the same time to avoid their ridiculous offset terms in the events of a dispute brows.gif
MilesAndMore
post Jan 13 2010, 10:38 AM

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QUOTE(Reventon @ Jan 13 2010, 12:45 AM)
But in approaching customer , i think HSBC is the most aggressive one as i always receive their call to offer me the PB , but i dont think at this time i would need it.
Couldn't agree more. Dad has been receiving calls from more than 10 different Premier Relationship Managers in the last 5 years alone biggrin.gif

SUSrockefeller
post Jan 14 2010, 11:26 PM

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now cimb preferred is offering pre approved platinum cards still or they offer pre approved visa infinite and world mastercard?
tgeoklin
post Jan 15 2010, 07:10 AM

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QUOTE(rockefeller @ Jan 14 2010, 11:26 PM)
now cimb preferred is offering pre approved platinum cards still or they offer pre approved visa infinite and world mastercard?
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Yes they still do. All you need is to put in a substantial amount of FD which would get their attention tongue.gif
leyley
post Jan 15 2010, 10:00 PM

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Yup. Pledged with hude FD surely can get a high-end card from them.
SUSrockefeller
post Jan 15 2010, 11:33 PM

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QUOTE(tgeoklin @ Jan 15 2010, 07:10 AM)
Yes they still do. All you need is to put in a substantial amount of FD which would get their attention  tongue.gif
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how substantial is substantial?
MilesAndMore
post Jan 15 2010, 11:55 PM

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RM1 Million of FD in your individual FD will definitely draw some attention too.
vgodmax
post Jan 23 2010, 02:26 PM

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If I want to apply Infinite CC, is it mandatory to have deposits > RM200K with a particular bank only?

I saw from the website that with min income of RM150K pa, we're eligible to apply one.
MilesAndMore
post Jan 23 2010, 03:14 PM

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QUOTE(vgodmax @ Jan 23 2010, 02:26 PM)
If I want to apply Infinite CC, is it mandatory to have deposits > RM200K with a particular bank only?

I saw from the website that with min income of RM150K pa, we're eligible to apply one.
Which bank are you talking about ? VISA Infinite from Standard Chartered ? That card is no longer open for public application. You must be a Standard Chartered Priority Banking customer and they will automatically issue one for you. Also note that one needs at least RM250K to become a Standard Chartered Priority Banking customer.

JJBerry
post Apr 5 2010, 06:57 PM

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Is it true that a person can open HSBC Premier Banking account with annual income of RM240k without placing any deposit or investment with the bank?
Anyone have this info pls share.
Thanks.....
princess_autumn87
post Apr 5 2010, 07:41 PM

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QUOTE(JJBerry @ Apr 5 2010, 06:57 PM)
Is it true that a person can open HSBC Premier Banking account with annual income of RM240k without placing any deposit or investment with the bank?
Anyone have this info pls share.
Thanks.....
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yes i heard this promotion before but it only valid a certain period and i not sure they still holding it now bcoz the last i heard was until 28th feb 2010. so u can try to walk in the branch and ask. sometimes the call centre might not know this so it is better to walk in any priority centre and ask more info abt it
JJBerry
post Apr 5 2010, 10:32 PM

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QUOTE(princess_autumn87 @ Apr 5 2010, 07:41 PM)
yes i heard this promotion before but it only valid a certain period and i not sure they still holding it now bcoz the last i heard was until 28th feb 2010. so u can try to walk in the branch and ask. sometimes the call centre might not know this so it is better to walk in any priority centre and ask more info abt it
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Thanks.
Should visit them and find out.
niel
post Apr 8 2010, 12:21 PM

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i have decided to go with hsbc for PB. any good RM to introduce? especially RM from taipan USJ branch.
princess_autumn87
post Apr 8 2010, 10:17 PM

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QUOTE(JJBerry @ Apr 5 2010, 10:32 PM)
Thanks.
Should visit them and find out.
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no problem. if u need any hsbc staff, i can try to get the contact for ya
aeronic
post Apr 9 2010, 10:04 AM

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QUOTE(mrcloud9 @ Nov 15 2007, 02:34 PM)
Anyone with priority banking experience and wishes to share their experience? Apparently the turnover of RMs at Citibank's Citigold is very and there are too many customers while Stanchart's Priority Banking is too slow. Any comment? Some bank's RMs are very good and efficient too.
List of banks and their priority banking services as well as minimum balance requirements:

1. Maybank Private Banking - RM 250k
2. RHB Infinity Banking - RM 200k
3. CIMB Club - RM 150k
4. Alliance Bank Privilege Banking - RM 200k
5. Bank Muamalat Prime Banking - RM 200k
6. Public Bank Red Carpet Banking - RM 250k
7. Hong Leong Priority banking - RM 200k
8. Citibank Citigold - RM 200k
9. HSBC Premier - RM 200k
10. OCBC Premier Banking - RM 300k
11. UOB Privilege Banking - RM 300k
12. Royal Bank Of Scotland Preferred Banking - RM 300k
13. Standard Chartered Priority Banking - RM 200k
14. KFH Priority Banking - RM 300k

most of them require the funds to be placed in FD to ensure it won't drop below the minimum entry requirements. some provide complimentary Platinum Credit Cards as well.


Added on November 16, 2007, 10:00 amwah, no one here experience in this matter?
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i guess TS missed accidentally ate some words here
can anyone guess what he/she is trying to say?
i find citigold fast and most of the time not much queue, but those bankers all very old ladies.
those younger chicks are usualy at the normal counters.
MilesAndMore
post Apr 9 2010, 10:59 AM

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QUOTE(aeronic @ Apr 9 2010, 10:04 AM)
i guess TS missed accidentally ate some words here
can anyone guess what he/she is trying to say?
i find citigold fast and most of the time not much queue, but those bankers all very old ladies.
those younger chicks are usualy at the normal counters.
If you read some of his later posts, you'll know that his dad advised him not to join Citibank Citigold mainly because they kept changing his dad's RM. Standard has dropped too from an initial entry level of RM300k to a mere RM200k.

By the way, this post you quoted was posted in 2007.

JJBerry
post Apr 9 2010, 02:13 PM

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QUOTE(princess_autumn87 @ Apr 8 2010, 10:17 PM)
no problem. if u need any hsbc staff, i can try to get the contact for ya
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Thanks again.
But feel disappointed as visited their branches but thier bankers seems not aware of this promotion at all. rclxub.gif

MilesAndMore
post Apr 10 2010, 11:26 AM

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QUOTE
Citibank has launched the Citigold Private Client, a wealth management proposition that meets the needs of high net worth individuals with assets under management of between $1 million and $10 million.
Launched jointly in Singapore and Hong Kong, Citigold Private Client provides a client servicing model which takes care of the individual's wealth in totality, including both personal and business wealth, Citibank said.

Singapore and Hong Kong, well-established markets with a concentration of the affluent and conducive regulatory frameworks, have been chosen as launch markets. Beyond this, the Citigold Private Client proposition will be rolled-out across the region in phases. India and Taiwan are scheduled next for implementation in the second half of 2010, followed by Korea, Japan, Malaysia, Indonesia and the Philippines.

Citibank has added that with Citigold Private Client, clients will benefit from having a portfolio-based wealth management strategy personalized for them in accordance with their risk appetites and wealth management goals.

Jonathan Larsen, head of consumer banking and global cards at Citi Asia Pacific, said: "Citigold Private Client is unique as an all-encompassing wealth management proposition that meets the full spectrum of clients' financial needs. The ability to provide clients with products and services that cut across typically discrete banking solutions is Citi's unique strength and speaks of the scale, depth and diversity of its range of businesses."

princess_autumn87
post Apr 10 2010, 01:44 PM

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QUOTE(JJBerry @ Apr 9 2010, 02:13 PM)
Thanks again.
But feel disappointed as visited their branches but thier bankers seems not aware of this promotion at all. rclxub.gif
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ya it is not aware by every staff. if u really need to get it, i will help u to contact my friend at hsbc

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