Tag Archives: comparison chart

Another Malaysian Website that Helps Consumer – iMoney

Recently I’ve been contacted by Zuza from iMoney in requesting me to review their new ebook “12 Ways to Save Money in Malaysia“. After I read thoroughly their ebook and browsed their official website, I decided not to share it here (but give a link directed to their ebook blog post, you can get the link to download a copy there), but to review their website.

iMoney

It seems to be interesting to me, as iMoney is another similar website like RMvalues, to share the information on how to save money to consumer. However, iMoney is only focus on financial products, like credit card, car loan, home loan, personal loan, fixed deposit, personal insurance, car insurance and so on. Difference between iMoney and RMvalues is – iMoney is commercialized and running by a team of professional while RMvalues is just part time hobby. 🙂 Continue reading

Basic Savings Accounts Interest Rates

Remember yesterday our post regarding to what is Basic Savings Accounts ?

Today we show you the comparison chart of Basic Savings Accounts Interest Rates of all banks in Malaysia.

Banking InstitutionInitial Deposit
(RM)
Rates
Range (RM)Rates (%p.a.)Calculation BasisPayment
Affin Bank Berhad
Basic Savings Account201.00 – 999.99
1,000.00 – 4,999.99
5,000.00 – 19,999.99
20,000.00 – 99,999.99
100,000.00 – 499,999.99
500,000.00 – 999,999.99
1,000,000.00 and above
0.90
1.45
1.90
2.80
2.85
3.10
3.38
DailyMonthly
Alliance Bank Malaysia Berhad
Basic Savings Account20Up to 1,000
Up to 5,000
Up to 10,000
Up to 30,000
Up to 50,000
Up to 75,000
Up to 100,000
Above 100,000
0.25
0.25
0.25
0.25
0.40
0.70
0.70
0.80
DailyHalf Yearly
AmBank (M) Berhad
Basic Savings Account (Fee)20Up to 10000
Up to 25000
Up to 50000
Up to 100000
Above 100000
0.25
0.60
1.00
1.20
1.50
DailyMonthly
Basic Savings Account (Non-Fee)20Up to 10000
Up to 25000
Up to 50000
Up to 100000
Above 100000
0.25
0.60
1.00
1.20
1.50
DailyMonthly
Bangkok Bank Berhad
Basic Savings Account101.85DailyHalf Yearly
Bank of America Malaysia Berhad
BBS- Saving Account201.50DailyHalf Yearly
Bank of China (Malaysia) Berhad
Basic Savings Account20Up to 5,000
up to 10,000
up to 20,000
up to 50,000
up to 100,000
Above 100,000
0.25
0.25
0.40
0.50
1.25
1.50
DailyHalf Yearly
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
Savings Account2002.00DailyHalf Yearly
CIMB Bank Berhad
Basic Savings Account (BSA) I20Up to 1000
Up to 5000
Up to 25000
Up to 50000
Up to 100000
Above 100000
0.85
0.85
0.90
0.95
1.00
1.50
DailyMonthly
Basic Savings Account (BSA) II20Up to 1000
Up to 5000
Up to 25000
Up to 50000
Up to 100000
Above 100000
0.50
0.50
0.50
0.50
0.50
1.00
DailyMonthly
Citibank Berhad
Basic Savings Account20Up to RM50,000
Up to RM200,000
Up to RM1 million
Above RM1 million
0.25
0.35
0.75
1.00
DailyMonthly
Deutsche Bank (Malaysia) Berhad
Basic Savings Account200.50DailyHalf Yearly
EON Bank Berhad
Basic Savings Account20Up to 5,000
Up to 10,000
Up to 20,000
Up to 50,000
Above 50,000
0.25
0.25
0.40
0.80
1.00
DailyHalf Yearly
Hong Leong Bank Berhad
Hong Leong Basic Savings Account20Up to RM10,000
Up to RM50,000
Above RM50,000
0.25
0.50
1.00
DailyHalf Yearly
HSBC Bank Malaysia Berhad
HSBC Basic Savings Account20All amounts0.25DailyHalf Yearly
J.P. Morgan Chase Bank Berhad
Saving Account200.75MonthlyHalf Yearly
Malayan Banking Berhad
Basic Savings Account20Up to RM1,000
Up to RM10,000
Up to RM25,000
Up to RM50,000
Up to RM100,000
Up to RM200,000
Up to RM500,000
Above RM500,000
0.25
0.25
0.25
0.25
0.80
1.20
1.30
1.40
DailyHalf Yearly
OCBC Bank (Malaysia) Berhad
Easi Save20Up to RM50,000
Up to RM100,000
Up to RM500,000
Above RM500,000
0.25
0.50
0.60
0.70
DailyHalf Yearly
Public Bank Berhad
Basic 55 Savings Account20Up to RM10,000
Up to RM30,000
Up to RM50,000
Up to RM75,000
Up to RM100,000
Above RM100,000
0.25
0.25
0.35
0.40
0.50
0.60
DailyHalf Yearly
Basic Savings Account20Up to RM10,000
Up to RM30,000
Up to RM50,000
Up to RM75,000
Up to RM100,000
Above RM100,000
0.25
0.25
0.35
0.40
0.50
0.60
DailyHalf Yearly
Public Islamic Bank Bhd
Basic Wadiah Savings Account-i20Up to 10,000
Up to 30,000
Up to 50,000
Up to 75,000
Up to 100,000
Above 100,000
0.25
0.25
0.35
0.40
0.50
0.60
DailyMonthly
RHB Bank Berhad
RHB Basic Savings Account20Up to 50,000
Above 50,000
0.25
0.28
DailyHalf Yearly
Standard Chartered Bank Malaysia Berhad
Basic Savings Account20All balances0.25DailyHalf Yearly
Ordinary Passbook Savings20All balances0.25DailyHalf Yearly
The Bank of Nova Scotia Berhad
Basic Savings Account20Any Amount1.75DailyHalf Yearly
The Royal Bank of Scotland Berhad
Basic Savings Account20Up to 10,000
10,001 to 50,000
50,001 to 200,000
200,001 and above
0.25
0.50
0.75
1.00
DailyHalf Yearly
United Overseas Bank (Malaysia) Berhad
Basic Savings Account20Up to RM 10,000
Up to RM 100,000
Up to RM 1,000,000
Above RM 1,000,000
0.25
0.30
0.35
0.50
DailyHalf Yearly