QUOTE(wirelessdude @ Dec 1 2009, 07:52 PM)
Based on my own experience, the starting credit limit for the Premier Mastercard is RM40k.
Shoo shoo Priority Banking, Everything about Priority Banking
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Dec 1 2009, 08:11 PM
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#41
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9,301 posts Joined: Mar 2008 |
QUOTE(wirelessdude @ Dec 1 2009, 07:52 PM) Based on my own experience, the starting credit limit for the Premier Mastercard is RM40k. Shoo shoo |
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Dec 2 2009, 10:16 AM
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#42
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9,301 posts Joined: Mar 2008 |
QUOTE(wirelessdude @ Dec 2 2009, 09:25 AM) No - you get into priority banking with minimum RM200k deposit. Standard Chartered Bank now requires a minimum investment of RM250k in order to qualify for Priority Banking. HSBC Premier Banking and Citibank Citigold remain the same at RM200k to qualify but i won't be surprised if they too, raise the entry level one day as too many people seem to easily qualify for it nowadays and the Premier Banking Centre/Citigold Centre/Priority Banking Centre is getting really crowded. |
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Dec 23 2009, 12:26 PM
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#43
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QUOTE(gark @ Dec 23 2009, 09:23 AM) Hmm.. just asking, which priority banking enables me to do the following best? HSBC Premier, Standard Chartered Priority Banking and Citibank Citigold.1. Cheap TT Remittance to overseas to self and 3rd party ( Now have to pay approx RM 10 + RM 50 per transaction...USD/SGD) 2. Good Exchange Rate for TT (Most exchange rate sucks) 3. Fast TT Processing (Damm slow... and officer not knowledgeable) Don't need card, don't need RM and also don't need preferred loans. Let say you have HSBC Premier account in Malaysia and UK, transferring funds from your Malaysian account to UK is totally free. You also get preferential exchange rates and it is almost as good as those provided by money changer. If you want to TT money to an overseas 3rd party account, normal TT charges still apply (varies). |
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Dec 23 2009, 03:14 PM
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#44
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QUOTE(gark @ Dec 23 2009, 12:40 PM) Thanks for the info, the bank which i am most frequently sending to and receive TT from (currently into CIMB) from is Standard Chartered. So if i join Standard Chartered Priority, then the incoming USD TT conversion into RM Account, I get better rates? Standard Chartered just started this FOC TT between your Malaysia Standard Chartered account and overseas Standard Chartered this month. It is a complete new feature that comes exclusively with the Priority Banking service. The preferential rate is only applicable only when you transfer into your own account within the banking group. QUOTE(RJdio @ Dec 23 2009, 12:47 PM) I just dumped my OCBC Priority Banking.. no benefit at all and since my account several K less they want to charge me RM80 per month service charge. Ask them to go fly kite. Overall the service was just OK. The only I kept is the Plat Card. All other banks impose a similar penalty to their Premier/Priority/Gold banking customers. As far as i am concerned, the penalty for HSBC Premier is the highest at RM150/month. The rest charge only RM80/month, if i'm not mistaken. QUOTE(RJdio @ Dec 23 2009, 12:47 PM) Nowadays CIMB Preferred is a lot more agressive and coming up with more benefits/privelleges including preferential exchange rates at KLIA. It really depends on what kind of service and banking products you are looking for really. If you want a bank with huge presence is Asia and at the same time offer you really good interest rate for regular savings/checking account, then the clear winner is Standard Chartered Bank. If you are looking at a bank that is very global, then the answer is either HSBC or Citibank. What CIMB Preffered offered is more like the benefit you can enjoy in Southeast Asia only and that is pretty much all. QUOTE(RJdio @ Dec 23 2009, 12:47 PM) How is Maybank premier banking ? Maybank calls it "Private Banking". Not sure how is the service though.QUOTE(edyek @ Dec 23 2009, 01:54 PM) I love HSBC. They provide good services Agreed ! And they do not treat you differently just because you're just a mass market banking customer. They will still treat you in a very friendly manner and guide you through everything (if these is a need). I know certain banks employees that like to suck up to the high net worth customers. These people can kiss my butt This post has been edited by MilesAndMore: Dec 23 2009, 03:17 PM |
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Jan 9 2010, 06:08 PM
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#45
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9,301 posts Joined: Mar 2008 |
QUOTE(lonelyplanet92 @ Jan 8 2010, 02:57 PM) Public Bank is very low profile on its Red Carpet Banking, is anyone has information on this? Public Bank Red Carpet Banking Centre (RCB) is located only in KL City main branch and KL Bukit Damansara branch.Membership is strictly by invitation only. To be eligible for RCB status, you need to maintain a minimum balance of RM200,000 deposit/investment with Public Bank/Public Mutual. PBB RCB clients will enjoy : - Door-to-door service e.g. delivery of banker's cheque, fixed deposit receipts. - Self-service refreshment counter. - Waiver of selected bank's commissions. - Free parking etc. Indeed Public Bank doesn't make much noise about its Red Carpet Banking but it seems that they are planning to set up Red Carpet Banking centre outside of Kuala Lumpur soon. Saw an advertisement that they are now hiring Red Carpet Banking relationship managers to set up Red Carpet Banking centre in select Public Bank branches nationwide. |
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Jan 12 2010, 05:00 PM
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#46
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9,301 posts Joined: Mar 2008 |
QUOTE(RJdio @ Jan 12 2010, 04:32 PM) Can I ask do HSBC premier customers have preferential forex exchange rates ? Yes. HSBC Premier customers will get preferential forex exchange rates. If you have access to HSBC online banking, you can check the latest exchange rates there. Say that you're a HSBC Premier customer, the exchange rate you get will be slightly better than the one shown in your online banking account. QUOTE(RJdio @ Jan 12 2010, 04:32 PM) Secondly, which credit card do they offer (with a fee waiver) to thier customers. HSBC Premier Mastercard. |
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Jan 13 2010, 10:38 AM
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#47
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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 |
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Jan 15 2010, 11:55 PM
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#48
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9,301 posts Joined: Mar 2008 |
RM1 Million of FD in your individual FD will definitely draw some attention too.
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Jan 23 2010, 03:14 PM
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#49
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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? 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.I saw from the website that with min income of RM150K pa, we're eligible to apply one. |
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Apr 9 2010, 10:59 AM
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#50
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QUOTE(aeronic @ Apr 9 2010, 10:04 AM) i guess TS missed accidentally ate some words here 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.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. By the way, this post you quoted was posted in 2007. |
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Apr 10 2010, 11:26 AM
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#51
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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." |
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Apr 13 2010, 09:44 AM
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#52
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QUOTE(RJdio @ Apr 13 2010, 08:02 AM) I just joined HSBC premier - which card should I get the Premier Master or the Plat Visa ? I notice the plat visa has an annual fee. All HSBC Premier customers know that they will be given a complimentary HSBC Premier Mastercard. They won't ask you to choose between their Premier Mastercard and VISA Platinum. |
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Apr 13 2010, 11:18 AM
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#53
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QUOTE(RJdio @ Apr 13 2010, 10:49 AM) Thats right but I only want one card. So they asked me to choose. As far as i am concerned, they won't ask you to choose because HSBC Premier customers are only entitled for the HSBC Premier Mastercard. If someone is going after their VISA Platinum credit card, you have to put in your request. There are several ways for their existing Premier clients to get the VISA Platinum.1. Provide your proof of income via the normal channel (conventional way) 2. Request for a secured VISA Platinum by time deposit 3. Your account is overweight that you simply demand them to issue you the VISA Platinum without pledging any time deposit to it or to provide your proof of income This post has been edited by MilesAndMore: Apr 13 2010, 11:19 AM |
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Apr 13 2010, 03:50 PM
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#54
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QUOTE(RJdio @ Apr 13 2010, 01:03 PM) Sounds like the Visa is harder to get. Well the account manager pretty much told me to choose which card I want. Maybe it will go throug the normal procedure for the visa plat. From the website, the rewards programs looks the same. Is that right ? Yes. Exactly the same. The VISA Platinum does indeed have much better design. |
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Apr 14 2010, 09:49 PM
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#55
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9,301 posts Joined: Mar 2008 |
QUOTE(niel @ Apr 14 2010, 09:28 PM) Is RM50 tax applies for Premier card as well? Yes. |
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Jul 6 2010, 10:41 AM
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#56
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9,301 posts Joined: Mar 2008 |
QUOTE(mrcloud9 @ Nov 15 2007, 02:34 PM) 6. Public Bank Red Carpet Banking - RM 250k One now needs RM500k of deposits or investments with Public Bank to qualify for Public Bank Red Carpet Banking. It is by far the highest requirement of all the banks in Malaysia that offer the ultra-light Private Banking services. |
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Aug 2 2010, 02:06 AM
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#57
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QUOTE(bzai28 @ Aug 2 2010, 01:59 AM) Will I automatically become a citigold member in malaysia if I own a citigold account in Hong Kong?anyone know? Yes. But T&C apply. Talk to your RM. |
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Aug 2 2010, 11:43 AM
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#58
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9,301 posts Joined: Mar 2008 |
QUOTE(aeronic @ Aug 2 2010, 10:19 AM) definitely nope, but if you have a checking account, you will have a dedicated banker...that's all I think he will be accorded Citigold status here in Malaysia too as long as he maintains his Citigold status in Citibank Hong Kong. Citibank Hong Kong has different T&C for its Citigold. Citibank Citigold Malaysia doesn't come with such privilege. This post has been edited by MilesAndMore: Aug 2 2010, 11:46 AM |
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Aug 2 2010, 12:33 PM
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#59
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QUOTE(niel @ Aug 2 2010, 12:02 PM) it seems to have the same perks in malaysia, isn't it? They can help you to open an account at the country where Citibank has retail banking but if you want to get Citigold service, you will still need to meet the minimum Citigold balance in that country. http://www.citigold.com.my/portal/citigold...al-banking.html |
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Aug 15 2010, 04:54 PM
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#60
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QUOTE(JJBerry) Thanks brother with great explanation and sharing. **Post copied from the credit card thread.Wow... Preferred Banking? Will they launch it at Malaysia? Just wonder if we already a Standard Chartered Priority Banking client, then we wll be automatically qualify for the Preferred Banking if it is launch in Malaysia? Anyway, referring to your question. From what i understand is that you must maintain a separate S$200,000 and S$50,000 if you choose choose to have both the Priority Banking account and Preferred Banking account. In a nutshell, your total relationship balance with Standard Chartered Singapore must be S$250,000. As for when they will launch Preferred Banking in Malaysia, soon i guess. I'd expect the next city that will get this new packaged account is Hong Kong and Taiwan and follow by the rest of the countries when Standard Chartered is presence in the retail banking segment. |
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