What is the product about?
RHB Smart Account-i is an Islamic current account based on the Shariah concept of Commodity Murabahah that rewards accountholders with attractive bonus rates based on the banking transactions you perform.
To begin, you only need to deposit a minimum of RM1,000 into this checking account to enjoy up to 6.60% p.a. return on your savings!
What benefits can I get from RHB Smart Account-i?
First, you get to experience RHB Islamic’s seamless banking services such as internet and mobile banking via RHBNow where you can perform online fund transfers, manage bill payments and what-have-you.
Besides, an Islamic debit card will be issued to you upon opening of RHB Smart Account-i. If you have already own one, just link it to the checking account. You can also request for a cheque book if you like to go old-school.
Interestingly, the more you save and transact with this current account, you will receive Bonus Profit Rates!
Tell me how to earn Bonus Profit Rates.
There are ways you can go about to earn 6.60% p.a. with RHB Smart Account-i:
What is Smart Rewards?
Smart Rewards is RHB Smart Account-i's built-in rewards programme. You accumulate rewards through your regular banking activity, including deposits, bill payments, spending with your RHB Islamic Debit Card-i or Credit Card-i, foreign currency conversion, loan servicing, and RHB investments.
What are my reward options?
You can earn either Bonus Profit Rates or Loyalty Points, but only one at a time. New account holders are enrolled in Bonus Profit Rates by default.
To switch, go to Account > RHB Smart Account-i > Smart Rewards > Settings in RHBNow or RHB Online Banking. Changes take effect from the 1st of the following month, so your current month's earnings are not affected.
How do I check my Smart Rewards?
The Smart Rewards dashboard is accessible within 2 days of opening your account. Head to Account > RHB Smart Account-i > Smart Rewards in RHBNow or RHB Online Banking to view your active reward type and earnings history for the past 6 months.
Is overdraft facility available for this current account?
Sadly, overdraft facility does not come with this product.
Is it safe to place money in this current account?
Absolutely, 100% no doubt about it. Your hard-earned savings placed in this current account is protected under Perbadanan Insurans Deposit Malaysia up to RM250,000.
