Public Bank

Public Bank BASIC QARD Current Account-i

Open to all Malaysians and permanent residents - all you need is only RM500 in initial deposits and you will receive a chequebook along with free monthly statements.

    • Islamic account
    • Account Statement


What would make it different?

Online Banking
Mobile App
PIDM Protected

Fees & Charges

There are always fees but how much are they?

Service Fee
  • RM10.00 every 6 months
  • Waived with monthly average balance of RM1000
  • Dishonoured Cheque Fee
    Stop Payment Cheque Fee


    Are you eligible for this account?

  • Malaysians
  • Permanent Residents
  • Introducer
    Minimum Age
    18 years old
    Minimum Initial Deposit

    Frequently Asked Questions about Public Bank BASIC QARD Current Account-i

    Things you might want to know

    What is Public Bank BASIC QARD Current Account-i about?

    Public Bank BASIC QARD Current Account-i offers you the fundamental access to a more flexible money management at an initial deposit of RM500 only.

    Once you have accessed to this basic current account, you will be given an ATM / debit card (if you didn’t have one previously) for cash withdrawal and transaction purposes.

    There is more than meet the eye with this basic current account. You can use cheque book facility to pay for goods and services. Besides, you can set up standing instruction to regulate your monthly bill payments.

    You can view all of your past transactions via PBe online. Plus, get free monthly statement when you make a minimum of 1 transaction via this current account per month.

    What are the fees and charges I should know?

    These are few but significant fees and charges you should be aware of:

    • Half yearly Service Charge: RM10, if balance is less than RM1,000
    • Early Account Closure: RM20, if closed within 6 months of opening
    • Cheque Processing Fee: RM0.50 per leaf, plus RM0.15 Stamp Duty
    • Dishonoured Cheque: RM150, due to insufficient funds
    • Stop Payment Cheque: RM15, upon instruction

    Is it safe to keep my money in this current account?

    You can rest assured that the fruit of your savings labour in this current account is protected for up to RM250,000 under the Perbadanan Insurans Deposit Malaysia.

    How to open a Public Bank current account?

    To open a current account with Public Bank, you need to have an introducer who maintains a current or savings account with Public Bank for more than 12 months and not a bankrupt person.

    When opening the current account, your introducer must sign the application form. You are also required to bring along the following documents:

    For Individuals

    • MyKad or Passport
    • For a non-resident individual, he/she must produce a valid work permit or a student pass/letter of referral from a college/institute.

    For Self Employed

    • MyKad or Passport
    • Business Registration Certificates (Form A & B)
    • Business License (Form D)
    • Certificate of Incorporate
    • Business License
    • Memorandum & Articles of Association
    • Latest Form 24 & Form 49 (Companies Act, 1965)
    • Resolution of the Company's Board of Directors (duly certified by the Chairman and the Secretary of the Company)

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