I encountered a similar issue with cimb previously with the world master card. Only difference is I was just a normal banking customer but after a few months, I tried again pledging more FD (but can't remember how much) & then it was approved. I asked them also how much FD but they cannot give a number.

pledge fd at what rate pa? board rate?

I was approached by my OCBC RM to invest in Singapore , has anyone here done this ? Minimum investment of SGD200k and the RM in Singapore will advise accordingly to maintain positive cash flow. Any tips?

Lol with CIMB Preferred, i get forced to received the VI card even though I have not submitted any proof of income.

The first time I got one, I cancelled it and the RM cut it up. Next month they send another one...

Since no annual fees, lazy to go argue with the RM..

This post has been edited by gark: Jan 21 2017, 04:13 PM

From my understanding, CIMB preferred banking VI also doubles as a recgonition card for access to its privileges and services

The normal rate. ( not the promotion rate)
Heard is pledge FD not entitled for promotion rate ( not fully confirm is accurate anot )

Yup plaza premium lounge accesses and 15% discount for alcohol at eraman at airports.

CIMB also has one S'pore saving investment. The S'pore RM will fly to M'sia to talk to u. Then fly, I mean fly, u to S'pore to sign the contract !!

Anyone heard of this product ?

yeap board rate at around 3. xx%.. u pledge how long? normally if 1m AUM will not need any proof of income.

Keep it boss. can have unlimited access to sg, indon, thai airport lounges yo..

normally is Legacy planning. if not should be insurance linked punya investment.

Ya, I think u are right. Legacy planning. Did u or someone u know go into it ?

is something like u pay a premium like 200-300k then when u kaput, ur next generation dapat 1m.

Nop, heard a taukeh saying like why not I buy a property now next time inherit to him??

Any link for the access into those lounges?

Cimb

Thanks.

Does Cimb preferred have different type of debit card?

nop cimb preferred only ada vi credit card... no debit card.

I saw someone using greyish black colour CIMB card to withdraw money from atm. Thought got new debit card.

yeah, usually legacy. but i remember last year there was one scheme by Tokio Marine Infinite VIP investment plan, their (for example) premium is like at 800k SGD and will get a total monthly cash benefit of 3k SGD.. and by 22 years later you break even with your premium, and whatever after you rake is pure profit. Hahha but these are more like an assurance for your kid's future lor. hahaha that is if you choose not to take up an alternate loan financing for this insurance. But this plan ended last year Sept.

But yeah it's legit, they'll fly you down to their branch there, flights and accommodations are covered. Can even stay at the Ritz or St Regis hahaha

Maybe they using credit card for cash advancement by mistake. Hahahah... I was in a rush i thought I took out ATM card to withdraw 200 bucks... kena slap like RM15.90 Cash ADvance Fee hahaha.... but managed to waive it off when i wrote in to them hahaa.

Malaysia limited to 4x per year
Sg, thai and Indon, no limit.

The indon lounges are lousy, I dont bother go in anymore. The good one is SG Green Market one, got sushi set for lunch FOC.

This post has been edited by gark: Jan 23 2017, 10:29 AM