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 Priority Banking, Everything about Priority Banking

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muffdiver
post Aug 3 2016, 05:59 PM

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Junior Member
160 posts

Joined: Jan 2011


CIMB Preferred has increased their Interest Rates for up to 3% for RM 1M just to keep in their current account

http://www.cimbpreferred.com.my/en/lifesty...ed-account.html

Quite a good deal considering it used to be lower than Maybank's Premier Wealth
muffdiver
post Jan 29 2018, 02:33 PM

Getting Started
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Junior Member
160 posts

Joined: Jan 2011


QUOTE(unknowndevices @ Jan 28 2018, 06:31 PM)
oh...ok.

anyone with Maybank PW or CIMB Preferred experienced?
any penalties or got cancel if below their requirement?
*
I have both memberships. Although I have never dropped below AUM before but I did check with RM on their policies. CIMB is more lenient and will allow below AUM for longer periods. Maybank regularly checks and reminds by 3 months if I am not mistaken
muffdiver
post Feb 2 2018, 11:20 PM

Getting Started
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Junior Member
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Joined: Jan 2011


CIMB has the most number of Preferred Banking rooms compared to MBB. These days seems like many people qualify for Preferred status, that the normal counter can be faster service.

 

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