- Base interest: $200,000 x 1.5% / 365 days x 30 days = $246
- Bonus interest: $200,000 x 3% / 365 days x 30 days = $493
The RHB High Yield Savings Plus is a savings account offered by RHB Bank, one of the largest financial services group in Malaysia.
It is now offering as much as 4-7x higher yield on its High Yield Savings Plus accounts:
Depositors in its Premier Plus accounts are also seeing increases:
This rate revision is applicable for all existing and new customers.
Additional 3% interest on monthly incremental average daily balance
RHB is concurrently running a promotion where you can get an additional 3% p.a. on your monthly incremental average balance if you top up your account with incremental fresh funds from 1 September 2022 to 30 November 2022.
To illustrate with an example, you can get up to $700 of monthly interest with a fresh $200,000 deposit in September assuming you have $0 in August.