What is the product about?
RHB Smart Account is a current account 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?
First, you get to experience RHB’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, a debit card will be issued to you upon opening of RHB Smart Account. 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 Interest Rates!
Tell me how to earn Bonus Interest Rate.
There are ways you can go about to earn 6.60% p.a. with RHB Smart Account:
What is Smart Rewards?
Smart Rewards is the rewards programme for RHB Smart Account/-i holders. You earn rewards through everyday banking activities like depositing money, paying bills, spending with your RHB Debit or Credit Card, converting foreign currency, servicing loans, and investing through RHB products.
What rewards can I choose from?
There are two options: Bonus Rates or Loyalty Points. All account holders are automatically enrolled in Bonus Rates. You can switch between the two via RHB Online or Mobile Banking under Account > RHB Smart Account/-i > Smart Rewards > Settings. Any switch takes effect from the 1st of the following month.
You can only select one reward type at a time, and you cannot earn both simultaneously.
Where can I track my Smart Rewards?
Your Smart Rewards dashboard will be available within 2 days of account opening. Go to Account > RHB Smart Account/-i > Smart Rewards in RHBNow or RHB Online Banking to check your current reward type, switch options, and view up to 6 months of earnings history.
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.
