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 Institution Initial Deposit
(RM)
Rates
Range (RM) Rates (%p.a.) Calculation Basis Payment
Affin Bank Berhad
Basic Savings Account 20 1.00 – 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
Daily Monthly
Alliance Bank Malaysia Berhad
Basic Savings Account 20 Up 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
Daily Half Yearly
AmBank (M) Berhad
Basic Savings Account (Fee) 20 Up to 10000
Up to 25000
Up to 50000
Up to 100000
Above 100000
0.25
0.60
1.00
1.20
1.50
Daily Monthly
Basic Savings Account (Non-Fee) 20 Up to 10000
Up to 25000
Up to 50000
Up to 100000
Above 100000
0.25
0.60
1.00
1.20
1.50
Daily Monthly
Bangkok Bank Berhad
Basic Savings Account 10 1.85 Daily Half Yearly
Bank of America Malaysia Berhad
BBS- Saving Account 20 1.50 Daily Half Yearly
Bank of China (Malaysia) Berhad
Basic Savings Account 20 Up 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
Daily Half Yearly
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
Savings Account 200 2.00 Daily Half Yearly
CIMB Bank Berhad
Basic Savings Account (BSA) I 20 Up 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
Daily Monthly
Basic Savings Account (BSA) II 20 Up 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
Daily Monthly
Citibank Berhad
Basic Savings Account 20 Up to RM50,000
Up to RM200,000
Up to RM1 million
Above RM1 million
0.25
0.35
0.75
1.00
Daily Monthly
Deutsche Bank (Malaysia) Berhad
Basic Savings Account 20 0.50 Daily Half Yearly
EON Bank Berhad
Basic Savings Account 20 Up 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
Daily Half Yearly
Hong Leong Bank Berhad
Hong Leong Basic Savings Account 20 Up to RM10,000
Up to RM50,000
Above RM50,000
0.25
0.50
1.00
Daily Half Yearly
HSBC Bank Malaysia Berhad
HSBC Basic Savings Account 20 All amounts 0.25 Daily Half Yearly
J.P. Morgan Chase Bank Berhad
Saving Account 20 0.75 Monthly Half Yearly
Malayan Banking Berhad
Basic Savings Account 20 Up 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
Daily Half Yearly
OCBC Bank (Malaysia) Berhad
Easi Save 20 Up to RM50,000
Up to RM100,000
Up to RM500,000
Above RM500,000
0.25
0.50
0.60
0.70
Daily Half Yearly
Public Bank Berhad
Basic 55 Savings Account 20 Up 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
Daily Half Yearly
Basic Savings Account 20 Up 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
Daily Half Yearly
Public Islamic Bank Bhd
Basic Wadiah Savings Account-i 20 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
0.35
0.40
0.50
0.60
Daily Monthly
RHB Bank Berhad
RHB Basic Savings Account 20 Up to 50,000
Above 50,000
0.25
0.28
Daily Half Yearly
Standard Chartered Bank Malaysia Berhad
Basic Savings Account 20 All balances 0.25 Daily Half Yearly
Ordinary Passbook Savings 20 All balances 0.25 Daily Half Yearly
The Bank of Nova Scotia Berhad
Basic Savings Account 20 Any Amount 1.75 Daily Half Yearly
The Royal Bank of Scotland Berhad
Basic Savings Account 20 Up 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
Daily Half Yearly
United Overseas Bank (Malaysia) Berhad
Basic Savings Account 20 Up 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
Daily Half Yearly