🏦 Banks
How conventional banks, Islamic banks and co-operatives work in Malaysia, what protects your money (PIDM) and how to choose where to keep your account without paying too much in fees.
What is PIDM and what does it protect?
Perbadanan Insurans Deposit Malaysia protects your money in a licensed bank if it fails — up to RM 250,000 per depositor, per bank. How it works, what is covered, and what co-operative members should know.
Read the article →Conventional bank, Islamic bank or co-operative: which should you choose?
Conventional and Islamic banks offer a similar range and the same PIDM protection; co-operatives can pay more on savings and lend cheaply to members but are not PIDM-insured. How to weigh the options.
Read the article →How to choose your first bank account in Malaysia
Your everyday account is the hub of your money. How to compare fees, the debit card, the app, DuitNow and e-wallet links, minimum balances and online banking — and avoid the costs that slip past.
Read the article →What is a credit report, CCRIS and CTOS in Malaysia?
When you apply for a loan, credit card or financing, the lender checks CCRIS and usually CTOS. How the two work, what stays on your file, and how to check your own report.
Read the article →