Yes. HSBC charge me for the ATM card annual fee, so are Public Bank and Standard Chartered Bank.



This ATM card annual fee, as far as i'm concerned, cannot be waived.



Yes. HSBC Premier Savings Account.

HSBC Premier is the best of all those mentioned above. However Citibank will soon introduce "Citigold Select" to its Malaysia based customers which is a class above all the premium banking services currently can be found in Malaysia. Singapore is the only country in Southeast Asia where Citibank is offering "Citigold Select" banking service. You will need to have AT LEAST SGD1 Million in order to qualify for Citibank Singapore [B]Citigold Select[/B].

By the way, if you can't afford to park AT LEAST RM200k every month with these banks you should NOT even consider open these premium accounts as they will charge you account fee every month. HSBC will be charging you RM150/month while Citibank RM80/month.

Usually people will put their money in fixed-deposit or invest in the structured products or unit trust if one is really hungry for Ringgit. People rarely have RM200K in their savings account to avoid the 5% tax on interest.

But you will have to be careful. Just a few years ago HSBC and Citibank both required one to has AT LEAST RM300K in the bank in order to to qualify for their high-end banking service. Both of these banks lower the minimum deposit to RM200K so they would attract more people to deposit with them but they just might change it back to RM300K anytime. Many years ago my dad was using the "Partner Account" from HSBC. HSBC only notified him about a month later after they cancel his "Partner Account" and degrade him to "PowerVantage".