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

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

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.

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

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

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.