Am I eligible to apply for a CIMB Basic Current Account?
There are a couple of requirements that you need to meet to be eligible for the CIMB Basic Current Account:
- You must be at least 18 years old; and
- Malaysian and permanent resident with a valid Identity Card.
If you have met all the requirements above, prepare a minimum initial deposit of RM500 and bring along an introducer to open this basic current account.
This account is also open to Small and Medium Enterprises and can be opened as a joint account as well. So, have the details of your joint account holder ready as well.
What makes CIMB Basic Current Account unique?
When you sign up for CIMB Basic Current Account, you will have access to CIMB banking services and facilities across their multiple channels.
You can perform fund transfers, bill and loan payments and track transaction history via CIMB Clicks, or CIMB’s internet banking site, with 24-hour Phone Banking as well as a 24-hour e-banking Centre.
CIMB Basic Current Account not only help you save every penny you worked hard for with peace of mind but also gives you the flexibility to cash it out at your own convenience.
Do I get a chequebook and debit card?
You will have a choice to get one or both of those products. With the debit card, you will be able to access your cash easily and keep track of your expenditures with the ATM mini statement slips.
It will also allow you the freedom and ease of cashless transactions whenever you need.
What are the fees and charges I should know?
These are a few significant fees and charges you should be aware of:
- Replacement of lost/stolen/mishandled card: RM12
- Half Yearly Service Charge: RM10 for an account with average credit balance of less than RM1,000
- Early Account Closure: RM20, if closed within 3 months of opening
- Stamp duty on cheques: RM0.15 per cheque leaf
- Cheque processing fee: RM0.50 per transaction on issuer
Is my money protected under PIDM?
Absolutely. Your deposit in CIMB Basic Current Account is eligible for protection under PIDM for up to RM250,000.
