AmBank Am50 Plus

Get your retirement planning done today! Am50 Plus offers a high-interest term investment with a minimum deposit of RM5,000.

AmBank Am50 Plus
Min. Deposit
Daily Interest
Early Withdrawal

Fixed Deposit Calculator

Interest Rate

What you earn based on the amount that you have in your account

You DepositDeposit PeriodEffective Interest Rate
min. RM5,0003 months2.25% p.a.
min. RM5,0006 to 9 months2.4% p.a.
min. RM5,00012 months2.45% p.a.
min. RM5,00015 to 24 months2.5% p.a.
min. RM5,00036 months2.55% p.a.
min. RM5,00048 to 60 months2.6% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate
  • RM5 Service Charge
Additional Statement Request
RM5 per document


Minimum Age
  • 49 years old
Who can apply
  • Any nationality
  • Anyone

More Information

What is AmBank Am50 Plus?

AmBank Am50 Plus is a fixed deposit account product created exclusively for the over-fifties. 

For as little as RM5,000 you can start earning attractive interest on investment commitments between three months and five years.

How do I open this Am50 plus?

All you need is your MyKad and some money to open the account - it's easy to get started. 

You will need an AmBank Savings or Current Account if you're not already doing your day-to-day banking with AmBank.

How do I get my hands on the interest I'm earning?

Interest from your FD is credited to your Savings or Current Account every month. 

Once this time deposit has matured you must let AmBank know whether you're going to renew or cash out. 

If the AmBank does not receive any instruction from you within 14 days of the fixed deposit term ending the bank will be automatically renewed.

Can I still receive interest if I withdraw the money early?

If you want to withdraw within three months or less AmBank will not pay out any interest.

If your withdrawal is made after three months you'll get 50% of the original interest for each completed month. 

No partial withdrawal of your money is allowed.

Is this fixed deposit protected?

Yes, Perbadanan Insurans Deposit Malaysia (PIDM) protects your savings against loss in the event of the bank’s failure. 

The cover is free but limited to RM250,000.

Search Icon

Get the financial support you need


We’ll guide you through your application for this financial product