Personal Finance
RHB bonus interest promotion – up to 4.5%-5.5% p.a. interest on savings accounts
By betterspider  •  September 13, 2022
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.
  • 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
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By betterspider
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