Banking > Personal > Current Accounts > Alliance SavePlus Account

The journey to a rewarding banking esperience

The journey to a rewarding banking esperience mobile

We Put the Bank Right in Your Pocket.

Make Alliance SavePlus Account your Everyday Digital Account. Enjoy high
savings rate & get banking done anytime, anywhere, securely on your mobile.

Make the most of
Your Savings

Earn up to

2.25

Savings rate

%* p.a

FD comparable interest rate with withdrawal flexibility

View full rates table →

Account Balance (RM)	Savings Rate	Interest Rate Payout
0 - 20,000	0% p.a.	Payout based on total account balances
20,001 - 50,000	0.20% p.a.
50,001 - 200,000	0.80% p.a.
200,001 - 400,000	2.00% p.a.
400,001 - 10,000,000	2.25% p.a.
Above 10,000,000	1.25% p.a.	Payout based on split-tier starting from the amount above RM10,000,000

Notes:
*Only when a minimum monthly average balance of RM10,000 is maintained in the account.

Maximum effective rate on SavePlus is 2.25%p.a. at RM400,001 - RM10,000,000 deposits balances.
Accounts with balances above RM10,000,000 is subjected to split-tier interest rate for the balances above RM10,000,000.

Why Choose SavePlus as Your Everyday Digital Account?

Instant Account Opening

Get your separate account to pay & spend instantly without branch visit. An Alliance Bank Debit Card will be sent to you.

Security

Combination of advanced security technologies that delivers both security & convenience during account opening.
Worry on unauthorised payments? Log in to the allianceonline mobile app & instantly stop new payments in just one click.

Unlimited Free** ATM
Withdrawal

Make withdrawals from any ATM machine (MEPS) at any bank nationwide without a withdrawal fee.

**With min. RM10,000 monthly average balance

Cashless Transactions,
1 Million Stores

Make cashless transactions by scanning QR codes. You can pay conveniently at more than 1 million stores nationwide.

Online Foreign Currencies Account

SavePlus give you access to open Foreign Currency Current Account & Fixed Deposit Account online.

Instant, Secure & Simple Account Opening

Instant account opening via allianceonline mobile app. All you need is your latest MyKad!

Eligibility:

Malaysians aged 18 and above with the latest MyKad (have a large & a small picture of yours)
Have a Current/Savings/-i (CASA/-i) Account with internet banking in your name with another bank in Malaysia (to perform DuitNow/Instant Transfer)
New or existing Alliance Bank customers without allianceonline access

What You Should Know?

You must deposit a minimum of RM20 via DuitNow
from another bank account under your personal name to activate & use your SavePlus Account.

★★★★★

“Very easy application for Savings Account, immediately i registered for the SavePlus Account and today marks the date i seriously save money. tq”

Google Store review by Tim Hsheng

Open an Alliance SavePlus Account via
allianceonline mobile app now!

FAQ

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

All Malaysians, permanent residents & 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) How does 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 RM410,000 as at today, you will earn 0.0062% (2.25%/365 days) on your day end balances of RM410,000.

If your account balance is RM10,000,000, you will earn 2.25%p.a. for the full balances of RM10,000,000

If your account balance is RM10,500,000, you will earn 2.25%p.a. for the first balances of RM10,000,000 and 1.25%p.a. for the remaining balances of RM500,000.

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.

No MEPS Withdrawal Fee & No Interbank Fund Transfer Fee

No Interbank GIROl Fee & No Debit Card Annual Fee

Do not meet the eligibility to open account online? →

Set an appointment with branch

Terms and Conditions apply. Click HERE for the Terms and Conditions.

Protected by PIDM up to RM250,000 for each depositor.
Keep a minimum of RM20 in your account at all times to maintain your account.

Alliance Bank Malaysia Berhad 198201008390 (88103-W)

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