Public Bank

Public Bank PLUS Current Account-i

Secure your savings with an Islamic account following the concept of Wadiah Yad Dhamanah. Have the convenience of a chequebook for easy and hassle-free payments.

    • Islamic account
  • Min. AmountMax. AmountProfit Rate
    RM5001RM500000.1% p.a.
    RM50001RM1000000.3% p.a.
    RM100001RM5000000.7% p.a.
    RM500001RM10000000.9% p.a.
    RM1000001RM15000001.1% p.a.
    RM1500001RM20000001.3% p.a.
    RM2000001RM30000001.7% p.a.
    RM3000001no maximum2% p.a.

Features

What would make it different?

Online Banking
PBe Online Banking
Mobile App
PIDM Protected

Fees & Charges

There are always fees but how much are they?

Service Fee
  • RM10.00 every 6 months
  • Early Closure Fee
    RM20.00
    Dishonoured Cheque Fee
    RM150
    Stop Payment Cheque Fee
    RM15.00

    Requirements

    Are you eligible for this account?

    Nationality
  • Malaysians
  • Permanent Residents
  • Foreigners
  • Introducer
    Required
    Minimum Age
    18 years old
    Minimum Initial Deposit
    RM3000

    Frequently Asked Questions about Public Bank PLUS Current Account-i

    Things you might want to know

    What do I get from Public Bank PLUS Current Account-i?

    Opening a Public Bank current account serves you a host of banking benefits. First of all, you will need a minimum deposit of RM3,000 to open a PLUS Current Account-i.

    Upon successful opening, you will be issued with an ATM card, which also functions as a debit card where you can use to pay for your purchases.

    Most importantly, you can also cheque book facility as another form of payment, besides debit card and cash. Cheque book is usually well accepted among business individuals.

    Is this a profit-bearing current account?

    You’re right. Public Bank PLUS Current Account-i is a Shariah compliant current account that gives hibah (gift) every month based on the amount you deposit. The more you place money into this current account, the higher the hibah rate.

    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: RM10.00, regardless of amount of daily balances
    • 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: RM15.00, upon instruction

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

    Absolutely, 100% no doubt about it. Your hard-earned savings placed 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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