Standard Chartered Preferred Banking will be launch on soon, somewhere around 23 August to early september, the minimum requirement are RM 72k p.a. minimum salary or place a FD of 72k or combination of investment,FD and CA,SA with SCB MAlaysia then we will entitled with the Preferred Banking status. We will rewards with WORLD MASTERCARD as that shown our priviligle

As i said, its finally reach our shores where as theirs requirement doesn't drop at all. i thinks the bank just add another new segment where as targeting to new client segment which is executive level.

From what i understand is that, we need to apply for a WORLD mastercard and an current account, but the current account must maintain the balance of RM 6,000 per annum, or else will charge RM 10 once the balance drop below RM 6k.

After all, i think it should be similiar with citi blue, cimb preffered, maybank priority, only that some banking had different classified for this segment only. After all, we just look at the requirement then we will know. :>

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Added on August 24, 2010, 1:46 amI understand that if we receive the direct invitation if we are the existing client then it will be direct access to the Preferred Banking. Where as the card and status will automatically approve. Only those who receive the mail during last few weeks and upon invitation by the Relationship Manager then it consider as Pre-Approved. OR else we need to submit income document as proof as well, to meet the requirement of 72K p.a.

I do believe it should be as same as Singapore because most of the bank doesn't allow double standard. From the website, most of the benefit are the same and it shown as the same card we apply. Therefore i dont see any different from there. IT should be a complimentary card to shown our status as Preffered CLient in Standard Chartered.

This post has been edited by keeganz: Aug 24 2010, 01:46 AM

If u can deposit RM 72k into Standard Chartered then it wil be complimentary card, but if not we still can apply tru RM 72k p.a of annual income.