QUOTE(MilesAndMore @ Aug 23 2010, 11:04 AM)
CIMB Preferred doesn't interest me one bit. Compared to the major foreign players, the products offered are rather dull. Besides, they still charge you annual fee for their ATM card but not any of the foreign banks such as HSBC, Citibank and Standard Chartered. Even ATM replacement card is free too
Standard Chartered Preferred Banking is a new packaged account. The Standard Chartered T&C for their Priority Banking is still the same. Below is the minimum deposits for each banking packages offered by Standard Chartered.
- SCB Preferred Banking > RM72,000
- SCB Priority Banking > RM250,000
You see ? The status has not dropped.
CIMB Bank Preferred Banking minimum deposit to qualify is RM150,000.
If we already a StandChart Priority Banking client, we need to invest/deposit another RM72k to qualify for the Preferred Banking?
How about for example we have RM400k invest/deposit with them, we still need to invest/deposit RM72k again?
Or maybe only either one status(Priority or Preferred) can be obtain by a single customer?