8th September 2026 - 2 min read

Alliance Bank is offering up to RM120 in cash rewards when you open and activate an eligible account through its mobile banking app.
The promotion runs from 7 September 2026 to 31 March 2027, subject to the campaign’s terms and conditions.
You’ll receive RM40 when you open and activate an eligible account with a minimum deposit of RM100 via DuitNow or Instant Transfer, and keep the money in the account until the end of the account-opening month.
You can then earn an additional RM30 or RM80 based on how much you have in the account at the end of your account-opening month.
To participate, you’ll need to open a Basic Savings Account-i or Alliance SavePlus Account-i through the allianceonline mobile app.
The additional reward is based on your account opening month-end balance:
| Account Opening Month-End Balance | Additional Cash Reward | Total Cash Reward |
| RM3,000 to RM9,999 | RM30 | RM70 |
| RM10,000 and above | RM80 | RM120 |
Only your balance on the last day of the account-opening month counts. If you put in RM10,000 and take some out before month end, your reward drops to the lower tier.
If your month-end balance is below RM3,000, you’ll still receive the initial RM40 cash reward, provided you meet the campaign requirements.
The promotion is open to Malaysians aged 18 and above residing in Malaysia with a valid MyKad. You’ll also need a personal current or savings account with another Malaysian bank that supports internet banking for DuitNow or Instant Transfer.
Existing Alliance Bank customers can participate, provided they haven’t held an Alliance current or savings account in the past 12 months.
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Christina writes about personal finance with an eye for making the complicated feel straightforward. She is drawn to the everyday money decisions people face and genuinely enjoys finding the clearest way to explain them. Between articles, she is probably napping, on a hiking trail, or terrorising her sister’s cats.
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