Alliance SavePlus Account | Alliance Bank Malaysia

Alliance Bank Malaysia Berhad > Banking > Personal > Current Accounts > Alliance SavePlus Account

WHY SAVE WITH ALLIANCE SAVEPLUS ACCOUNT?

Alliance SavePlus Account is a current account that lets you enjoy high interest rates on your total account balances and a waiver for below transaction fees.**

No MEPS Withdrawal Fee & No Interbank Fund Transfer Fee

No Interbank GIROl Fee & No Debit Card Annual Fee

Together, let’s build the alliance that accelerates your ambitions.

How it works?

Account Balance (RM)	Interest Rate on Account Balance	Transaction Fee Waiver**
0 - 20,000	0%	Yes
20,001 - 50,000	0.20% p.a.	Yes
50,001 - 200,000	0.80% p.a.	Yes
200,001 - 350,000	2.00% p.a.	Yes
Above 350,000	2.25% p.a.	Yes

Effective date: 15 July 2020
**Only when a minimum monthly average balance of RM10,000 is maintained in the account.

How to open?

Online

If you are an existing Alliance Bank Current or Savings account holder with online banking facilities, kindly log in to allianceonline to open an account instantly.

OR

Branch

Simply visit your nearest Alliance Bank branch today to open an account.

Are you ready to open an Alliance SavePlus Account today?

APPLY NOW

FAQs

1) Who is eligible to apply for Alliance SavePlus Account?

All Malaysians, permanent residents and non-residents of Malaysia who are 18 years old and above are eligible.

2) How safe is my money?

All deposits up to RM250,000 are covered by the Perbadanan Insurans Deposit Malaysia (PIDM) for extra security. Keep a minimum of RM20 in your account at all times to maintain your account.

3) What are the requirements to enjoy the high interest rate and/or transaction fees waiver?

Just as simple as maintaining your Alliance SavePlus Account balances. You do not need to perform anything additional to be entitled for high interest rewards to your savings.

4) Can you explain how the interest calculation works?

Alliance SavePlus Account interest is calculated on daily balances and credited into your account on a monthly basis.

For example:
If your balances are RM360,000 as at today, you will earn 0.0062% (2.25%/365 days) on your day end balances of RM360,000.

Additionally, enjoy a waiver on the following transaction fees for that particular month by maintaining a minimum Monthly Average Balance (MAB) of RM10,000 in your Alliance SavePlus Account.

Terms & Conditions apply.
*15 minutes account opening begins from product selection via tablet up to the successful issuance of debit card.

Note:
Protected by PIDM up to RM250,000 for each depositor. View PIDM brochure in your preferred language here.