my educated guess (can be wrong) is due to Aeon bank being truly islamic banking

we can only know when they publish how much users they have

Now should be people move to boost bank. 5% and then 3.6%

move to FD which have bank offer higher rate 3.8%. of cos this boost can withdraw any time and still get the interest.

T&C https://lurl.aeonbank.com.my/ls/click?upn=u...AaVjxjJ9wzl8-3D

I applied to close my AEON Bank account now that it has passed the 3-month limit where early account closure fee of RM 20 will be charged.

Just chat with CS. They say they will unblock the RM 20 limit from November 15 to December 7 and after my 20 MYR withdrawal they will close the account.

I check with CS what would happen if I wish to reopen with AEON Bank thereafter and they say there is no problem.

CS looks good. Fast response, I am the first and only one in queue, instant service.

TOS tq for posting. i assumed it was 6 months. i'll follow suit

The FAQ says it's 3 months. I checked my Excel spreadsheet and noticed my first deposit was back in 7th June, so way past 3 months already.

Time to run AEON Bank down!

https://www.aeonbank.com.my/faq?tab=Deposits

applied to cancel. as per TOS' post, your RM20 will still be held hostage for 1/2 months. They'll update you once the RM20 is freed up for withdrawal

if you want your money back don't delay

Silly me I forgot all abt 0.5% cashback

AEON debit card has 0.5% cashback?

It's not stated in their October updated campaign T&C though: https://assets.aeonbank.com.my/AEON_Bank_Ca..._f91329a649.pdf

TOS it's in the PDF you given

Ah I see. But 2 things to note...

1. Card annual fee is RM 8 from 2nd year onwards

2. Minimum redemption is only allowed once you accumulated 200 AEON points

Combining condition 1 & 2, and assuming you use AEON points' cash out to cover the RM 8 annual fee, you must spend at least 8/0.5% = 1600 MYR per year to break even...

Thereafter, you must spend in blocks of RM 200 to cash out your cashbacks...

You can tell they purposely gate the withdrawals to create more float for their business... I still like the fuss-free GX Bank 1% cashback... instantaneous

gxbank 1% possible end on 1 nov. stay tuned

Yea that one noted...

If i deposit 10k early of the month in a pot, remove the money on mid month and delete the pot. Will the 10k still getting interest and where the interest will go to? (since the pot deleted.

This post has been edited by p4n6: Oct 31 2024, 04:12 AM

delete pot NO

0.01 MYR interest is in.

Thanks for the reminder. I just did that.


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Will AEON Bank account be "inactive" if there's no in/out transactions ?

refer to AEON Bank FAQ
https://www.aeonbank.com.my/faq?tab=Deposits

it seems similar to other bank.


What will happen if my account turns dormant?

You will receive a notification via your AEON Bank mobile app and email to prompt you to reactivate your Savings Account-i within 30 days after the notification. Instructions will also be provided to guide you through the reactivation process. In the event that there is no response within the initial seven (7) days, a follow-up notification will be sent to you via both the app and email to ensure you stay informed about the account reactivation process.


How do I re-activate my account after it turns dormant?

You may reactivate your Savings Account-i by making money transfers RM0.01 and above into your account.


What will happen if my account remains dormant?

If your Savings Account-i holds more than RM10, there will be a RM10 annual service fee charged to the account for up to 7 years. If your account balance falls below RM10, AEON Bank will close the account and absorb the balance as a service fee.

Note: Above conditions are based on BNM’s Basic Banking Services Guide.



What will happen to my account if it is still dormant for seven (7) years?

The funds in your Savings Account-i will be classified as unclaimed money. We will send you a notice via AEON Bank’s mobile banking app 21 days before the balance is transferred to the Registrar of Unclaimed Moneys (RUM), as per Unclaimed Moneys Act 1965. Then, your account will be closed.