Basic Current Account
A current account that offers you basic banking services at minimal cost.
Eligibility:
- Individual (personal and joint) Malaysian citizens and permanent residents aged 18 years and above.
- Small and Medium Enterprise (not applicable to Basic 55 Current Account).
Here's what Basic Current Account offers you:
- Ease of opening an account with an initial deposit of just RM500.
- An introducer is required for opening a Basic Current Account.
- Easy access to your account through any Public Bank branch, ATM or PBe.
- No fees will be imposed on the issuance of cheque books, except for the stamp duty levied (subject to the cheque processing fee).
- No overdraft facility.
- Other FREE services offered:
- Cheques and cash deposits via deposit machines.
- Account enquiries and fund transfers within the Bank via ATM, internet banking and mobile banking.
- Bill payments via internet banking and mobile banking.
- Monthly statement.
- This is a non-interest bearing account.
Basic Current Account
- Option 1 – Waiver of annual fee for Debit Card
- Free 6 over-the-counter (OTC) visits per month.
- Free 8 ATM cash withdrawals per month.
- The first 2 Interbank GIRO transactions via OTC in a month at a fee of RM0.50 per transaction and RM2.00 per transaction for third transaction onwards.
- Option 2 – Annual Fee of RM 8.00 for Debit Card
- Unlimited ATM cash withdrawals and OTC transactions.
- The first 2 Interbank GIRO transactions via OTC in a month at a fee of RM0.50 per transaction and RM2.00 per transaction for third transaction onwards.
Basic 55 Current Account
- Aged 55 years old and above (for joint account, one of the depositors must be aged 55 years old and above).
- Free 16 over-the-counter visits per month.
- No Debit card will be issued under this account.
Protected by PIDM up to RM250,000 for each depositor.
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Fees and Charges
How to open a Current Account
Terms and Conditions [Bahasa Malaysia] [English] [中文]