@wodenus,
Because some people use that $ to invest. It doesn't mean that priority banking customers have the RM200k in their FDs/Saving Accounts. It could be in the respective banks' Investment products.

@wodenus,
Also, the older folks would rather keep cash at hand than invest in some properties. Am sure ur folks would put the $ in the bank too, instead of buying a RM200k property.

@cherroy,
It is true but the older folks [esp those in their 60s or 70s] would prefer something 'risk-less' or less risk hence would probably prefer to put the $ in the bank or in longer term investments; UT perhaps or these days, dual currency deposits, etc.

@private banker,
Just wanted to check; know anyone with MBB? I apparently need a RM from MBB to give me an invitation if I want to hold an Amex Platinum Credit Card *sigh*

@private banker,
I apparently walked into a Maybankard Center not a Maybank Priorty Banking centre so she told me I had to go to the right branch office. I understand the hook; I guess I just wanted the Shangri-la benefits + the 2x reward points. I could settle for the Amex Gold Credit Card but what's the use when waiver can only be given if I had a Visa & MasterCard [I oredi haf 6 credit cards so I don't see a reason for needing a 7th, 8th or 9th] *grins*

RM100k is not a lot of $ to become a Private Banker with MBB, in my opinion. Except the benefits are probably not that great but parking is hell at most Maybank branches.

@private banker,
Thanks for the information. I gave up and don't wish to bother about the MBB Amex CC oredi.

@MilesAndMore,
I guess people value things they can't get ! HAhahAHahHA.....

@private banker,
You're most definitely right. I oredi hold 2 Platinum cards from 2 separate banks so I'm not v bothered about not getting this one.

@mIssfROGY,
Ur right they can't. And hey, u aren't complaining, ur merely giving them feedback

@GeekinE90,

1. Maybank Private Banking : RM100k
2. RHB Infinity Banking : I don't know
3. CIMB Club : I don't know
4. Alliance Bank Privilege Banking : I don't know
5. Bank Muamalat Prime Banking : I don't know
6. Public Bank Red Carpet Banking : RM100k
7. Hong Leong Priority banking : I don't know
8. Citibank Citigold : RM200k
9. HSBC Premier : RM200k
10. OCBC Premier Banking : RM300k
11. UOB Privilege Banking : RM300k
12. ABN Amro Van Gogh Preferred Banking : I don't know
13. Standard Chartered Priority Banking : RM200k

@scorgio,
I believe the rates U mentioned, at least for UOB, Citibank & Standard Chartered were 'old' rates. It's been revised down. The information I have provided above is as of April 2008.

This post has been edited by tinkerbel: Jun 20 2008, 07:59 PM

@scorgio,
Citibank was RM300k but it's now been revised down to RM200k.

As for UOB, I'm quite sure RM300k is sufficient because a close friend of mine recently opened her Privilege Banking account with them with RM300k.

@yewkhuay,
First it's my sister and now this friend. G...!!

@scorgio,
Er.. welcome gift?! I don't remember any welcome gift from UOB, just Standard Chartered, Citibank & HSBC *grins* Anyhow, I don't bank much with them [no $ mah] so got priority card or not also makes no difference

@hye,
Yup.. TS can do it but I haven't seen TS around. Alternatively, these information are also available at the Credit Card thread under 'Complementary Cards' @ Post #1. It's probably not as detailed though

@mrcloud9,
I'm surprised because the CS told me it was RM100k just last week. Nevertheless, I'm not interested in shifting my funds to become a Maybank Private Banker; will keep it with HSBC instead

@mrcloud9,
Yup.. that way when people ask, we'll get them to refer to Post #1

@mrcloud9,
Er.. it's still not been done?

@mrcloud9,
Yup, that would probably be the case

@Darkmage12,
If U meet the requirements U can just go into their Priority Banking hall. Sometimes, customers who might have than that amount declines Priority Banking so U may just need to ask them

If U qualify, it shouldn't be a problem converting U to a Priority Banking Customer. And ur definitely right; banks have now made it easier to become a Priority Banker.

@mrcloud9,
Am glad Ur enjoying the new facilities I don't meet MBB's requirement to be made a Priority Banker with them *gulps*

@Aggronax,
Public Bank's Red Carpet Banking is by far the easiest PB to obtain. If I ain't mistaken, U only need RM100k before U quality but the bank doesn't really do much to invite their customers. Mom's been banking with them for eons and it was only when i stumbled upon their website and this Red Carpet thingy that I told her and she went in asking for it.

Their Red Carpet centre's based only at Damansara Heights but what's good about having the card is that when u walk into any other PB branch, u do not need to queue. Just flash the card and u'll be next in queue

No other tangible benefits that I know of - don't even use it cause muahahah banking at PBB's done by mom!!