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Proceed
Person, Human, Food
  1. Saadiq
  2. Deposits
  3. Priority Plus

Maximising my investment returns

Seize the opportunity with Priority Plus Savings Account-i
  • Earn up to
    2.00% p.a.

    when you open Priority Plus Savings Account-i

  • Consolidate all your deposits to
    maximise returns
  • Access your funds
    anytime, anywhere

    with no lock-in period

The prevailing profit rate for Priority Plus Savings Account-i is as below.
ACCOUNT BALANCE AMOUNT (RM)
PREVAILING PROFIT RATE % (P.A.)
Below 100,000 0.10
100,000 to 1 million 1.50
Above 1 million to 5 million 1.75
Above 5 million 2.00

Priority Plus-i

Malaysian/Permanent Resident

1. Identification Document
NRIC

2. Age Requirement

  • Individuals who are 18 years and above or jointly with another such individual, subject to a maximum of two (2) joint accountholders.
  • In the event of a joint account, the account is to be operated on an “either one to sign” mandate or “both to sign” mandate.
  • Open to Malaysian citizens, Malaysian Permanent Resident or Non-Malaysian citizens
Foreigners are required to prepare the following:-

1. Identification Document
Valid Passport (with at least 6 months’ validity)

2. Proof of Employment/Study (Any ONE of the following documents)
Employment Pass/Work permit
Student Pass

3. Proof of residential address (Any ONE of the following documents)
i. Latest utility /mobile/ internet subscription bill
ii. Driving License
iii. Latest bank/credit card statement
iv. Rental agreement showing your address
v. Letter from employer stating current address
vi. Government-issued document stating current address

Services and Charges
  1. Minimum deposit to open account: Nil
  2. Early Account Closure (within 3 months) : RM20
  3. Paper Statement Fee: RM2
  4. ATM Withdrawal Fee: RM0 with minimum credit of RM10,000 or monthly average balance of RM20,000*
  5. Over the Counter (OTC) (via IBG) Fee: RM0.50 for every successful transaction

Refer here for all relevant fees and charges

Priority Plus Account-i allows you to potentially earn returns that are higher than your fixed deposits / term deposit-i. With no transaction requirements and no lock-in period, this account gives you full flexibility to access your funds anytime.

You can apply digitally via sc mobile or sc.com/my. Alternatively, you can sign up for the product at any Standard Chartered Bank Malaysia Berhad or Standard Chartered Saadiq Berhad branches nationwide.

Kindly refer to the prevailing profit rate here.

If you already have a Priority Plus Account-i, do note that you will enjoy higher returns on the savings account .Plus, the returns are on the entire deposit balance depending on the respective tier.

You must be 18 years old and above to be eligible. For joint account applicants, both parties must be 18  years old and above.

The prevailing profit is compounded daily and credited monthly into accounts.

Click here for more FAQs

Client here for PIDM’s DIS brochure.

PIDM  Perbankan Islam

* Only deposits are protected by PIDM up to RM250,000 for each depositor.

* Click here for PIDM’s DIS Brochure