The rate applies to the 'Prime' chequeing account type which requires you to be at least 18 years or over and is available to Malaysian citizens, foreigners and permanent residents. It is an Interest bearing account which has tiered interest based on account balance. The minimum initial deposit balance required is RM 1,000 with balances above RM5,000 being paid interest. This account has has a daily ATM withdrawal limit up to RM10,000 and has an optional ATM card with cheque book.

Tiered Balance:     

to RM5,000 0.00%

to RM50,000 0.60%

to RM100,000 1.20%

to RM500,000 1.60%

Higher than RM 500,000  2.00%