"Where is the best bank to deposit 1-3 million baht?"
Accumulating a million baht is not easy, so once you have it, you should use that money effectively to generate returns or put it to work. Therefore, Thairath Money invites you to see which Thai banks you can consider if you have 1-3 million baht.
Previously, many believed you needed tens of millions to qualify as a VIP or special customer at a bank. However, amid the economic slowdown, only the upper segment and the growing Mass Affluent group remain expanding. This has prompted banks to target this market with attractive privileges for Wealth clients.
Recently, TMBThanachart Bank or ttb launched ttb superior for customers with deposits or investments (AUM: Assets Under Management) from 1 million baht up to 4.99 million baht. This includes appealing benefits such as high-interest digital savings accounts and lifestyle promotions.
Interest rates: The ttb ME save digital account offers a starting interest rate of 1.30% per annum, plus a bonus up to 1.50% per annum when maintaining an average mutual fund investment of at least 300,000 baht or investing via DCA (equal monthly investments) with a minimum of 3,000 baht per month.
Investment: Using My Wealth on the ttb touch app helps summarize your entire portfolio and plan investments across multiple fund options.
Lifestyle benefits: Car wash, air-conditioning cleaning, birthday gifts, SF cinema tickets, app discounts (mostly requiring timely redemption as availability is limited).
Currently, ttb runs a special campaign allowing faster upgrade to Superior status by opening a new account or increasing deposits in ttb ME save and/or mutual fund investments totaling at least 1 million baht during 10 Aug 2026 - 31 Dec 2026. Upgrades occur the following month.
An AUM of 2 million baht or more is the entry-level Wealth threshold at many Thai banks. Basic conditions often require deposits or investments held for at least six months, or some banks offer special campaigns allowing status upgrades by purchasing insurance within specified limits.
Additional privileges typically include free checkbooks, investment analyses, portfolio summaries, exclusive seminars and events, and discount promotions, with each bank having unique highlights.
Starting with Krungsri Bank (BAY) which previously offered KRUNGSRI PRIME privileges starting at 1 million baht AUM but recently raised the threshold to 2 million baht up to 5 million baht. Key highlights include:
Interest rates: Krungsri home loans for property purchases offer a fixed 1-year interest rate of 1.99% per annum for loans approved at 5 million baht or more. Special rates also apply for personal revolving credit loans.
Investment:
Lifestyle benefits: Discounts on health check-ups at Samitivej Hospital network, Kasemrad Prachachuen Hospital, discounts for airport lounges such as The Coral and The Miracle Lounge (access requires prior activation), and free Intanin beverages.
Kasikornbank (KBank) offers THE PREMIER credit card for customers with AUM of 2 million baht or more who register for the card, providing multiple benefits including:
Interest rates: Additional 0.25% per annum interest on 6-month fixed deposits for amounts between 10,000 baht and 1 million baht (promotion valid in 2026).
Investment: Investment seminars.
Lifestyle benefits: Fitness services at hotels, Jetts 24 Hour Fitness (selected branches and conditions), personal secretary service, hospital and hotel discounts, access to The Miracle Lounge twice per year (no guest access), etc.
Siam Commercial Bank (SCB) offers the SCB Prime credit card for customers with combined deposits, mutual fund investments, and/or life insurance premiums totaling 2 million baht up to under 10 million baht, with benefits such as:
Interest rates: Home loan interest rates at 2.30% for years 1-2 (with insurance), 3.15% for year 3, and MRR minus 2.00% from year 4 onward.
Investment: Account managers and access to SCB Investment Center.
Lifestyle benefits: Fitness services limited to 4 visits per month (for clients with AUM between 2 and 4.99 million baht).
Krungthai Bank (KTB) offers Krungthai Iconic status for clients with AUM from 2 million up to under 10 million baht.
Investment: Wealth consultation and planning services.
Lifestyle benefits: Traditional Thai massage at Let’s Relax Spa, one Coral Lounge access per person per year (limited monthly availability), special lounges at Iconsiam, and monthly privileges that change regularly and are limited.
Land and Houses Bank (LH Bank) provides Wealth Plus membership for clients with combined assets or loan values from 2 million up to under 10 million baht, featuring lifestyle privileges such as up to 4 Miracle Lounge visits per year, 24-hour emergency technician services up to 4 times annually, with one privilege per quarter.
Kiatnakin Phatra Financial Group (KKP) offers EDGE Gold status for investors with 2 million baht or more, featuring:
Investment: Investments in Thai stocks, TFEX, Financial Solution Center support online and at branches, portfolio reviews every 6 months, stock lending services, and mandate services.
Additionally, Wealth clients with AUM over 2 million baht also have access to UOB Wealth Banking, with Client Advisors providing investment recommendations and exclusive benefits through the UOB Privimiles Wealth Banking credit card.
Bangkok Bank (BBL) offers Bangkok Bank Wealth status for clients with deposits or investments from 3 million up to under 10 million baht, with notable benefits:
Interest rates: Special offers on home loans.
Investment: Dedicated staff work alongside financial and investment advisors, and clients can open securities trading accounts with Bualuang Securities with a minimum investment credit line of 5 million baht without needing to provide bank statements.
CIMB Thai Bank (CIMBT) offers CIMB Preferred status for Wealth clients with AUM of 3 million baht or more, featuring:
Deposit accounts: Cross-border CIMB deposit accounts available (except Vietnam).
Investment: A Relationship Manager oversees the overall portfolio.
Lifestyle benefits: Clients with 3 million baht receive 50 points per month to redeem for various privileges.
Ultimately, deciding where to place 1-3 million baht depends on your lifestyle. Many benefits require timely activation via mobile apps due to limited availability. More importantly, consider your financial goals and which financial institution offers the products and services best suited to sustainably grow your funds.
Read personal finance and financial planning news with Thairath Money to help you "Achieve Financial Well-being and a Better Life"https://www.thairath.co.th/money/personal_finance
Follow the Facebook page: Thairath Money at this linkhttps://www.facebook.com/ThairathMoney