hey guys, I need to open a RHB bank account because the new company only pays salary through rbh bank. I have gone through the RHB website, but it seems to have a lot of different types of saving accounts. Does anyone here know what's the different between them? Thanks alot.

http://www.rhb.com.my/deposits/savings-acc...ysave_main.html

if u need RHB debit card, open MySave Account (RM20/year)

if u dont need anything fancy, can open Basic Savings Account Option II (RM8/year)

not sure if Basic Savings Account Option I (0/year) offers internet banking or not.

Thanks for the reply. Actually what's debit cards are for?

works like credit card, but it direct deduct money from your savings account when you make a purchase

Only two types on savings account offered by RHB Bank are worth considering namely MaxSave and Basic Savings Account. My reason being these two accounts offered the highest interest rate of all the savings account in RHB Bank.

You can see the interest rate below :





Should you decide to open the Basic Savings Account, i strongly suggest you to choose Option I which has no ATM card annual fee. I am now using this account with no ATM card annual fee and the interest rate is awesome

but isnt it abit troublesome without ATM card, especially when your salary goes into that account?

No. If you choose Basic Savings Account Option I, you will still be given an ATM card. Just that you can only withdraw money from any RHB Bank ATM eight times a month and from the 9th withdrawal onward you will be charged RM1 each time.

If you are going to spam their ATM a lot each month then yes, you should open Basic Savings Account Option II because for this account there is an annual fee of RM8 for your ATM card and you are allowed to withdraw for cash as many times as you'd like.

This post has been edited by MilesAndMore: Nov 17 2009, 04:47 PM

oh ok...thanks

my fault, din read nicely "no ATM card annual fee", i thought "no ATM card"

i like..
since no annual fee for ATM much more better compare to other practice..
i will open soon..

Not to mention that there are also many RHB Bank ATM in shopping malls. It would be very convenient for its account holders

By the way, the interest rate for Basic Savings Account should be higher. In their website it is stated that balances up to RM10,000 will only earn 0.25% of interest and the effective date is 23rd March 2009. However, in their old website (they just moved to a new website last weekend) it is written that balances more than RM1,000 and up to RM20,000 will earn 0.60% of interest.



I had RM8,000+ in my account last week and my online banking account showed that my money was earning 0.60% per annum. Have emailed them so they will correct it.

Thanks for the replies. I think I will go for the basic savings account.

Hello.. guys. I wondering can i open a new basic account in mid valley on saturday? Cause i am not free in weekdays but that branch is not the nearest to my house

Yes. You can. It is even open for business on Sunday, if my memory serves me correctly along with their KLCC branch.

ohh anybody using their internet banking? can it see the hire purchase balance? or at least how much i have paid or have i paid for the month?

their internet banking do have a hire purchase section, but i didn't have any HP with them so u have to check it out with RHB

overall their internet banking is ok for my opinion

today went to open new basic saving account with option 1. ( used for e-banking only)
but rhb staff told that no more normal ATM!?..must take debit card which cost rm20 annually...

if like that y website and brochure info shown that option 1 for free ATM fee.,..

felt like cheated by RHB staf!?

if yes..next week go to CLOSE account..useless...

so old punya topic u also korek out n posted with "nice topic".

Have similar experience here....

I think they all say the same thing now. My friends experienced the same thing too and have to pay RM20/pa for the debit card

Ouch, ah well gonna cancel it in 6 months time

Yep its true, however you can still open the account without ATM card, and tell them you'll pick up the ATM card later when its available.

After that usually they will magically be able to find a card for you

Its their job to try to upsell you, you can just insist you want to open that account as its listed on their website. I think its actually a Bank Negara regulation that all banks must provide an option for savings account with no fees, which is why most banks have it but try their best to cover it up with their other more profitable choices.

This post has been edited by xjeez: Jan 12 2012, 01:57 PM

I did do this 2 years ago. Back then they only offered the debit MasterCard (orange color). Initially they insisted that i open a regular savings account but i showed them their very own brochure that i got from the main banking hall and i also insisted that i wanted to open the non-fee basic savings account. At the end they gave in


Yes. You are right. Basic Savings/Current Account is a BNM regulated banking product and must be offered by all commercial banks in Malaysia.

i hate them when I have asked them 3 times wanted to apply basic savings without annual fees..they keep insisting tell me to take RM20 .!

This post has been edited by rotloi: Jan 2 2013, 03:43 PM

recently my ATM Card was retained by ATM Machine.
When i tried to get replacement card from RHB, I was also been advised that RHB no longer printing any ATM Card. So RHB staff said if you want ATM Card you wait la... else get debit card which they can issue immediate. I refused the offer and complaint to RHB call center after that.
The call center don't even know there is such Basic saving option 1 free with ATM Card. I even took an hour to explain to the staff, manager in the call center. really wasting my time and they still dont trust me.
I think BNM shall take action on this. But after i complaint with BNM. they replied email saying I should deal with RHB first.
So i tried to call RHB again finally got an ATM card. I dont know how they find a card for me. anyway, if ATM "eat" my card again... the staff said.. they cannot guarentee can find another replacement card. I am just so angry with the bank on this matter.
So i hope each of you also complaint such case to BNM when you face this problem. Else i think other banks will follow this bank steps.


This post has been edited by truth_seeker_09: Jan 3 2013, 04:47 PM

Hi I am Vino from India. Currently I am in malaysia and working here. I went to RHB bank and asked for opening a savings account. My company doesn't have account with RHB. Any other alternate ways to open the account ?

They didn't allow me to open the account.

I have valid Indian passport, company letter and local reference who has rhb savings account person for introducing me. But still they didn't accept it. Whom should I contact now?

can we cancel rhb savings account via online?

No, you cannot even cancel your account through the telephone. All the bank account cancellations must be done in person at your home branch, because a fingerprint verification is needed.

it will be auto canceled if u just simply let it "dead" for few years

Better not, yearly monthly fee of rm8 for ATM card facility.. also I still have some cash inside, better close the account and get back the cash..

Hmm,.. banks are like this now, always wanting to upsell their accounts,...

Anybody has similar problems with Public Bank and Hong Leong Bank ??

most of the malaysia banks i have all issue me with debit cards for sav account.. no problem for me since 1 year pay 1 time..

for inactive i just terminate and close sav acc haha..

better use current acc