Affin Bank Saving Account Rate

Recently i found that affin bank is giving the best rates in saving account.

Affin bank saving account rate. I m preparing a table to compare junior saving account by affin bank ambank pbb rhb cimb and maybank. Personal accident coverage is pertinent especially for senior citizens as it will mitigate the financial consequences of your own and your loved ones when facing with death or total permanent disablement. The best part about savings with affin gold is that you will be qualified for a complimentary personal accident insurance when you maintain a minimum account balance of rm5 000 at anytime. Basic savings account effective rate 14 07 2020 protected by pidm up to rm250 000 for each depositor.

Most of the interest rates given by bank in malaysia is considered low probably only about 0 30 for maybank with same amount and the rest like public bank or cimb bank only give 0 25. The bank is not obliged to grant the hibah to the depositors and declaration of the hibah rate is at sole discretion of the bank. Previous rate p a revised rate w e f 14 07. The new reference rates are as follows.

Affin esaver i rm50 000 and above 2 25 rm2 000 to rm49 999 99 2 05 hibah rate as shown above is the previous hibah rate paid by the bank to depositors. Fees and exchange rates correct at time of research 14 july 2020 08 30gmt 2. Product type deposit. It is easy to open a basic savings account as no introducer is required and the initial deposit is very low which is rm20 only.

14 days 11 years operated by parent or guardian individual account. Tuesday there will be a revision for the bank s reference rates for both affinbank and affin islamic bank. Perform withdrawals at bank rakyat atms or any atm with meps bankcard logo across the country internet banking i rakyat may be opened with or without a savings book. Minimum balance to maintain.

Banks add a markup an extra fee to the exchange rates they offer which can push up the overall price of an international payment and mean your recipient gets less. Most of the bank including maybank ambank and rhb bank is giving 2 95 3 25 interest rate for this type of saving account.