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 Priority Banking, Everything about Priority Banking

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tgeoklin
post Jan 15 2009, 07:57 PM

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QUOTE(MilesAndMore @ Jan 15 2009, 12:21 AM)
Still not so sure ... May be yes, may be not. But isn't RM40k of credit line for a World Mastercard too low ? And the priviledges provided aren't any different to their Platinum Visa.

I seriously hope they would redesign their Premier Mastercard. It's like the most hideous designed exclusive credit card in the world.
Only if you close it within 3 months after opening, you'll then have to pay RM20.
I think it was tgeoklin and tinkerbell said the HSBC Malaysia issued Premier Mastercard isn't a "World Mastercard" in the last credit card thread ? Sorry if i quoted the wrong people.
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You are right, we did said that and HSBC M'sia confirms as well. Maybe if given time, the Premier may be upgraded to WorldCard. For now the only Worldcard in M'sia are issued by CIMB and Mbf only per mastercard M'sia tongue.gif

Anyway, a recommendation, give UOB Midas Club a try if you truly want pampered services in M'sia but if its wordwide then, its definitely Premier though locally HSBC powervantage maybe an edge up for some hmm.gif
tgeoklin
post Jan 16 2009, 07:11 AM

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QUOTE(wirelessdude @ Jan 15 2009, 08:50 PM)
Looking at the types of Mastercard available in SEA here, if the Premier card is not a World card ...and it's definitely not gold or platinum... then is it a standard classic card?

Because I see the word "World" next to the Mastercard logo and based on the information available on the website, that's how you determine if you're indeed carrying a World Mastercard. Please correct me if I'm wrong.
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Its a Plat card as HSBC does not have the franchise to issue Worldcard in M'sia yet but the design of their card was standardised worldwide, thus the misconception tongue.gif

This post has been edited by tgeoklin: Jan 16 2009, 07:24 AM
tgeoklin
post Mar 24 2009, 04:19 PM

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QUOTE(tinkerbel @ Mar 24 2009, 03:34 PM)
@hye,
hMm.... SCB's revising it up, right? If I ain't mistaken it used to be RM200k?!
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What to do, the value of $$$ drop lieu cry.gif
tgeoklin
post Mar 24 2009, 04:40 PM

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QUOTE(tinkerbel @ Mar 24 2009, 04:22 PM)
@tgeoklin,
hMm... how come my RM200k didn't become RM250k then?! sad.gif
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well, its the value which drop, so you need to top up more tongue.gif .... if you had bought 200K worth of gold bar, then more than 250K now notworthy.gif
tgeoklin
post Mar 24 2009, 04:47 PM

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QUOTE(tinkerbel @ Mar 24 2009, 04:43 PM)
@tgeoklin,
siGh..... unfortunate for me but I prefer diamonds; which honestly is a crap investment tongue.gif
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yeah, tell me about it ...... price has since drop horrendously cry.gif
tgeoklin
post Mar 24 2009, 04:51 PM

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QUOTE(tinkerbel @ Mar 24 2009, 04:48 PM)
@tgeoklin,
I haven't gotten my 1.5 carat stud so hehehehh let it drop more!  Know any banks giving our diamonds when you join them as member?! wink.gif
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Sorry, can't think of any but tons of them will be more than willing to send you loads of brochures from their merchants selling such tongue.gif

But I do know a few Ah Bengs who more than willing to give you some if you join their family as a member brows.gif

This post has been edited by tgeoklin: Mar 24 2009, 04:57 PM
tgeoklin
post Mar 24 2009, 05:00 PM

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QUOTE(tinkerbel @ Mar 24 2009, 04:54 PM)
@tgeoklin,
Send over the details of the Ah Bengs + their family members and what they're offering and I'll decide if it's worth it tongue.gif
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To all the Ah Bengs out there, what you waiting for??? drool.gif
tgeoklin
post Mar 25 2009, 12:55 PM

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QUOTE(tinkerbel @ Mar 25 2009, 10:58 AM)
@mouldybread,
I think banks should have issued a statement to their customers before charging them monthly fees smile.gif
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What sort of self-serving bank would want to do that?? tongue.gif

This post has been edited by tgeoklin: Mar 25 2009, 01:03 PM
tgeoklin
post May 15 2009, 08:41 AM

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QUOTE(lucifah @ May 15 2009, 01:31 AM)
maybank private banking - the best pleasure is to go into a crowded and packed bank and simply stroll to the counter and potong everyone. u guys have to see the angry eyes of other patrons who waited for hours for their turn. that experience is worth every ringgit i have to park in the CA
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You are EVIL rclxms.gif
tgeoklin
post May 19 2009, 10:28 AM

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So much for Private Banking tongue.gif

http://www.themalaysianinsider.com/index.p...igroup-to-court
tgeoklin
post May 20 2009, 07:03 AM

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QUOTE(MilesAndMore @ May 19 2009, 09:25 PM)
Sure badly hit. Reputation is very important in the banking business.
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Hopefully this will awaken them as to their errors in simply hiring anybody off the street & redesignate them as RM, especially for their high net worth client. hmm.gif
tgeoklin
post Dec 2 2009, 05:35 PM

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QUOTE(hye @ Dec 1 2009, 06:58 PM)
All HSBC Premier customer will be given RM30K starting limit on the Premier card and the basis is the amount of total investments you have with the bank. (Cash and non-cash investments) Not sure how to increase the CL further.
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There is actually two ways to increase your limit :-

1) You can request for an increase by submitting the relevant income documents

2) You keep hitting your limit consistently over the year and its an auto increase ie. need to spend & pay off, not accumulate o/s tongue.gif


Added on December 2, 2009, 5:36 pm
QUOTE(princess_autumn87 @ Dec 2 2009, 03:17 PM)
oh okay, noted with thanks. just wana ensure this card feature before opening hsbc premier smile.gif
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Feature wise, its not much to speak about unless you need to transfer funds between countries, then its really worthwhile biggrin.gif

This post has been edited by tgeoklin: Dec 2 2009, 05:36 PM
tgeoklin
post Jan 10 2010, 07:38 AM

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QUOTE(Reventon @ Jan 9 2010, 09:36 PM)
Without any investment or deposit commitment with them you will also qualified if you're holding a CC with CL more than 75k.  brows.gif
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Mind sharing where you got the info? Seems very illogical hmm.gif
tgeoklin
post Jan 10 2010, 08:53 PM

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QUOTE(Reventon @ Jan 10 2010, 03:37 PM)
I was called by the RM from Plaza Damansara branch regarding this , and i accepted her offer since i need not commit any deposit or investment to CIMB. I received the " CIMB CLUB " card and subsequently they sent me another " CIMB Preferred " to replace the old one.  brows.gif
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Weird, I never got any such calls from them before. Btw, what's the benefit of their PB? Any catch at all? Thks blink.gif
tgeoklin
post Jan 10 2010, 11:34 PM

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QUOTE(Reventon @ Jan 10 2010, 10:59 PM)
There is no hidden charges for this PB as i have double confirm with my RM. i think the 75k above eligibility will be changed AFAIK no finance institution grants a customer PB status without commit any investment or deposit with them. No harm give a try right ? It doesn't cost you anything. tongue.gif You can try to contact their Preferred Centre and get more info about it  biggrin.gif
Some benefit are like Cimb Preferred Centres and Priority Lane for immediate banking in all their branches ,Negotiable rate on HP , Housing Loan and also OD, CIMB Preferred account which you can withdraw up to 10k cash in any ATM , unlimited in their preferred banking centre, Preferred parking etc..
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Thks but since cancelled all their cards as their service does not strike me as impressive. Just curious how much difference can be expected from the PB, that's all. biggrin.gif
tgeoklin
post Jan 12 2010, 09:17 PM

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QUOTE(GeekinE90 @ Jan 12 2010, 07:32 PM)
They never approached me. Mines a World MC with RM100k CL with CIMB.  Maybe I don't look rich enough kaka.
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Put it this way, I had an Enrich World MasterCard with 300k limit & still not invited shocking.gif
tgeoklin
post Jan 13 2010, 06:50 AM

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QUOTE(Reventon @ Jan 13 2010, 12:45 AM)
I assume you do not bank with them except their credit card product. But in approaching customer , i think HSBC is the most aggressive one as i always receive their call to offer me the PB , but i dont think at this time i would need it.
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You are most astute. Its my policy never to have loans & savings products from the same bank at the same time to avoid their ridiculous offset terms in the events of a dispute brows.gif
tgeoklin
post Jan 15 2010, 07:10 AM

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QUOTE(rockefeller @ Jan 14 2010, 11:26 PM)
now cimb preferred is offering pre approved platinum cards still or they offer pre approved visa infinite and world mastercard?
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Yes they still do. All you need is to put in a substantial amount of FD which would get their attention tongue.gif
tgeoklin
post Jan 31 2023, 07:09 AM

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QUOTE(jerantut2011 @ Nov 11 2022, 02:25 AM)
Interesting about the Bank Rakyat premier banking tiers.

Having a credit card with limit above RM 250k entitles one to the top tier of the premier banking apparently.
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You got it wrong...... It's ≥250K credit card limit for Premier Banking Client, based on AUM 😅

This post has been edited by tgeoklin: Jan 31 2023, 07:10 AM

 

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