What do you mean ? You mean only with a huge outstanding loan without the RM200k deposit to become their Premier customer ? I think they do. Not exactly sure how much is your outstanding loan must be to enjoy Premier service for free though.

As for Standard Chartered, you can enjoy Priority Banking services for free if you have an outstanding loan with them of RM850k.


I've heard many people saying so. That Standard Chartered offers many innovative products. All i know is that they are pretty generous with deposit interest rate but that's it. Anyone cares to share what are the innovative products everyone has been talking about ? Does it all yield a very good return on your money ?

This post has been edited by MilesAndMore: Sep 18 2010, 08:41 PM

Yes, that's what I meant.

Among other things, Standard Chartered was the first to come up with the flexi-loan concept .... which is very useful for investors Their insurance products, particularly CI, are pretty good too.

which bank is giving the lowest for priority banking?
If they require eg 100k, this money shall be deposit in a saving/fd account?
Can I put in some other where else, like home loan account?

Lowest that I know so far would be CIMB, minimum Rm 150K. The amount will only be recognized if you have it savings/current account, FD and Investment with the Bank. For home loan account the minimum requirement is RM1 million loan.

This post has been edited by gark: Sep 24 2010, 05:00 PM

if let say, you invest 150k on their unit trust will able to get priority?

Yes, you will get priority, but you must purchase unit trust from CIMB bank, not anywhere else. If your unit trust falls below 150k, then you don't get priority anymore until the amount is above that value.

could you please tell us what kind of priority banking do you expect?

priority means..no need to queue.
cut the queue all the time..

To my knowledge, CIMB's Prime Plan also offers priority banking service, including cash withdrawal/deposit at the counter

Not necessarily true all the time. Sometimes these Premier/Priority/CitiGold customers still have to wait for their turn.


Still need to take number and wait though. It probably will be your turn faster if you're at Public Bank even just as a regular banking customer

I agree. When there are more and more priority customers, they still need to wait
Anyway, in bank branches with very few Premier customers, the cut queue privilege is really fast.
I waited less than a minute after pressing "Prime" queue ticket. Feel like the staff is already waiting for me.

This post has been edited by chemistry: Sep 28 2010, 11:10 PM

You get to cut queue if you're using the normal counters at HSBC. But if you want to see the RM without an appointment, you usually have to wait. I asked the Branch Manager before the number of clients each RM serves, and he said "...we try to limit each RM to 200 clients".

i seldom go bank nowadays...all internet banking

Sometimes, priority customers do need to wait if there are lots of priority customer. However, so far it is much much faster/convenient than the counter. And also you get nice comfy chairs, free newspaper to read and free good quality coffee/tea available while you are waiting for your turn or transaction to complete and your RM fills in all your forms etc.. Beats waiting for a queue number and standing at the counter.

This post has been edited by gark: Sep 29 2010, 09:10 AM

Isn't there one teller inside all the HSBC Premier centre ? Just stand there and wait for your turn (if someone is already at the counter).


It's going to be very hard to enforce such rule in a city with only one branch though


HSBC Premier centres in Hong Kong provide real cappucino/espresso machine

I dont go HK and wont do the banking there oso..
prime plan is too common.
I want something that is so limit. but very sad i got no money

No need so hurry. You'll be eligible sooner or later.

This post has been edited by chemistry: Sep 29 2010, 01:56 PM

CIMB Preferred Banking requires only RM150,000 to maintain the status. Alternatively, you might want to consider Standard Chartered Preferred Banking. The requirement is even lower.

Hmm I saw the standard charted Preferred Banking, it is more of a lite version of their priority banking, similar to CIMB Prime?

Yes. Something like that i guess but you need to keep RM72,000 in Standard Chartered at all times to avoid being charged the account maintenance fee. Not exactly sure what's the rule like for CIMB Prime.