Ryt Bank, which is set to officially launch on 26 August 2025, has introduced a campaign that allows customers to earn up to 4% p.a. on their savings while also rolling out new artificial intelligence features that simplify payments. 

The campaign runs from 18 August to 30 November 2025, with bonus interest allocated on a first-come, first-served basis. Once the combined deposits across all customers reach RM1 billion, no further bonus interest will be awarded. Each customer’s bonus remains capped at the first RM20,000 of their balance.

Save with Ryt Pocket and Earn Daily Interest

Customers who place funds in Ryt Bank’s Save Pockets will receive a base interest of 3% p.a., with an additional 1% p.a. bonus interest credited on the first RM20,000 across all Save Pockets. This brings the total return to 4% p.a. for eligible balances.

The bonus portion is channelled into the automatically created Ryt Pocket, while the base interest is credited to the individual Save Pockets. Both interest components are calculated daily and paid once the accrued amount reaches at least RM0.01.

Balance in Save Pockets	Rate Applied	Notes
Up to RM20,000	4% p.a. (3% base + 1% bonus)	Bonus credited into Ryt Pocket
Above RM20,000	3% p.a.	No additional bonus

How Bonus Interest Works in Practice

The campaign terms specify that only the first RM20,000 qualifies for the additional 1% bonus. This means balances beyond that amount will continue to earn only the 3% base interest.

For example, a customer with RM15,000 across different Save Pockets will earn daily base interest of RM1.23 and daily bonus interest of RM0.41. Another customer with RM50,000 will earn daily base interest of RM4.10, but the bonus is capped at RM0.55, as the extra 1% only applies to the first RM20,000.

Balance Across Save Pockets	Daily Base Interest	Daily Bonus Interest
RM10,000	RM0.82	RM0.27
RM15,000	RM1.23	RM0.41
RM50,000	RM4.10	RM0.55 (capped)

Making Payments Easier with Ryt AI

Alongside the savings campaign, Ryt Bank has introduced Ryt AI, a payment tool that extracts bank transfer details directly from an image or file. Customers can upload a bill, a screenshot, or even a WhatsApp message, and the system automatically fills in the transfer details. Once confirmed, the payment can be completed instantly.

The feature is designed to reduce the need for manual data entry, making everyday transfers faster and more convenient.

Up to RM5 Cashback for Using Ryt AI

To encourage adoption of its new AI-powered payments, Ryt Bank is running the Ryt AI Reward Campaign from 18 August to 30 September 2025. Customers who use Ryt AI for eligible transactions, such as external bank transfers, peer-to-peer transfers, or JomPAY bill payments, will receive RM1 cashback for each transaction, up to a maximum of RM5 cashback per customer during the campaign period.

Each eligible transaction must be for at least RM10 to qualify for the reward. The campaign is also subject to an overall cap of RM150,000 in total cashback rewards, allocated on a first-come, first-served basis.

Cashback is generally credited immediately into the Ryt Pocket but may take up to fifteen business days in exceptional cases.

Overseas Cashback with the Ryt Bank Card

Between 18 August and 30 November 2025, Ryt Bank debit cardholders are entitled to 1.2% unlimited cashback on eligible overseas spending.

The cashback only applies to transactions made with the physical Ryt Card outside Malaysia. Online purchases on foreign websites and other card-not-present transactions are not eligible. Exclusions also apply for e-wallet reloads, gambling, lottery, and cryptocurrency purchases.

The cashback is credited once the transaction is settled, although in some cases it may take up to fourteen business days.

Dining Privileges at YTL Hotels

Ryt Bank has also partnered with YTL Hotels to provide 20% off dining at selected hotel restaurants when payment is made with a physical Ryt Card. The promotion runs for a full year, from 18 August 2025 to 31 August 2026, but is not valid on festive dates such as Christmas, New Year, and Chinese New Year Eve.

The list of participating outlets can be found on the Ryt Card Dining Promo page, and customers are encouraged to check the list before dining.

The Ryt Bank app is now available for download on the App Store and Google Play.

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• TAGS:
• 4% PA
• Bonus Interest
• Cashback
• Dining Privileges
• Ryt AI
• Ryt Bank
• Ryt Bank Save Pockets
• Ryt Card
• YTL Hotels