After about 4 weeks from application for my new debit card account with Public Bank, today I received the notice to collect the debit card from their branch. I’m still going to get my debit card from NexG and Affin Bank as a supplementary.
Hopefully Public Bank debit card can verify my Paypal account. Public bank requested us to deposit a minimum of RM25 to get debit card and it is fixed. The balance in the account cannot be lower than RM25. Compared to Al Rajhi, their minimum amount for saving account is RM100.
I want to share something that I have been offered in Al Rajhi bank earlier. The product name is Saving with Dividend account. Al Rajhi Saving with Dividend account locks minimum of RM50 from your saving account. Then, they pays 0.5% monthly to your account from your account balance. This is about 7-8% annually if we do not touch the dividend for a year, we will earn 5.114% a year. That is a lot higher than any Fixed Deposits. This can be another good service that Al Rajhi offers.