What is Standard Chartered JustOne Personal Account-i about?
The JustOne Personal Current Account-i is part of JustOne Personal Account-i, which also includes the JustOne Savings Account-i and JustOne Overdraft.
It is a profit bearing current account with a cheque book facility. You can also enjoy free perks and benefits if you can meet the minimum requirements.
How much profit rate can I earn from this current account?
A base interest rate of 0.05% p.a. will be charged on all balances in your Standard Chartered saadiq JustOne Personal Current Account-i.
Since this current account linked to your JustOne Savings Account-i, you will also get an additional 1% p.a. profit rate on your savings account when you deposit RM1,500 into your JustOne Current Account-i every month
What are the benefits and terms associated with this current account?
The benefits on JustOne Personal Current Account-i are:
- Fee waiver for withdrawals at any MEPS ATMs and HOUSe ATMs nationwide
- Fee waiver for fund transfers via Standard Chartered ATMs
- Free fund transfers via Standard Chartered Online Banking
- Free Standard Chartered Debit Card
- No monthly service fee
- Convenience of JustOne Overdraft.
All you need to do is to deposit at least RM1,500 fresh fund every month into your JustOne account-i. If you do not fulfill the monthly deposit on a particular month, the bank will charge normal fees for your MEPS and HOUSe ATM withdrawals, which is at RM4 and RM1 respectively.
How does the overdraft facility work on the JustOne Personal Current Account-i?
The overdraft is unsecured and automated only for JustOne Personal Account-i holders, subject to Standard Chartered's approval. The credit limit is RM1,000 and there is no setup fee, commitment fee or additional monthly fee.
You will be charge interest only on the utilized amount and you can either choose to pay in full or pay the minimum amount of either 5% of the outstanding balance or RM25, whichever is higher.
How do I apply for JustOne Personal Current Account-i?
To apply for this account, all you need is your identification card. No minimum deposit is required and you do not need an introducer.
Is my money guaranteed by PIDM?
This Islamic current account operates under the Islamic contract of Tawarruq (Commodity Murabahah), meaning the profit earned is based on the prevailing board rate. Therefore, it is insured by PIDM for up to RM250,000.