Savings Account

Home » Deposits » Savings Account » MySave Account


MySave Account

Secure your savings now, enjoy the rewards tomorrow


ACCOUNT TYPE Statement-based savings account (Passbook-less)
ELIGIBILITY Individuals only - aged 18 years and above

(Applicable for joint account and operates under "either one to sign". Up to a maximum of 2 accountholders - one card for each account-holder)
INITIAL DEPOSIT RM100
INTEREST COMPUTATION / PAYMENT Multi-tiered, calculated daily and credited half-yearly
OTHER BENEFITS
  • Collect Clubcard Points on all spending on Tesco-RHB Debit Card (except e-debit purchases)
  • Free phone banking
  • Free Internet Banking services
  • 24-hour Customer Care Centre facility/ cheque & cash deposit terminals
STATEMENT
  • View transaction via RHB Internet Banking
  • Quarterly physical statement
  • For request for hardcopies of statements, the prevailing charge of RM2 per page will apply
FEES AND CHARGES
  • Annual fee of RM20 per card (primary accountholder) and RM10 per card for each additional cardholder (joint accountholder)
  • Replacement card charges is RM15 per card
  • Closing fee of RM20 if account is closed within 6 months from the date it is opened

Eligible for protection by PIDM. Click here for PIDM's brochure

Frequently Asked Questions

  • What is RHB MySave Account?
    RHB MySave Account is a statement based savings account that is linked to the Tesco-RHB Debit Card.


  • What is the minimum initial deposit amount to open a RHB MySave Account?
    The minimum initial deposit amount for RHB MySave Account is RM100.


  • How old must I be to open a RHB MySave Account?
    The minimum age is 18 years.


  • Can I open the account for associations/societies or a sole-proprietorship?
    Unfortunately not.


  • What are the benefits I can enjoy?
    • Interest is paid and calculated daily but credited into your account half-yearly
    • You can enjoy electronic banking conveniences through Tesco-RHB Debit with Visa Card and MEPS cash facilities, RHB PhoneBanking and RHB Now
      (You must be 18 years and above to use RHB Now services)

  • What are the interest rates for RHB MySave Account?
    The interest rates are :
       Up to RM3,000 : 0.00%
       Above RM3,000 : 0.60%


  • Are there any fees or charges for the RHB MySave Account?
    No. There is no annual service fee.


  • Is there a minimum balance to be maintained in the account?
    The minimum balance required in this account is RM1.