Who can apply for the Affin Bank Basic Savings account?
All Malaysian citizens and permanent residents can apply for one basic savings account, either as an individual or a joint account with another person.
No introducer or guarantor is required, and and anyone over the age of 12 years can open an account. You'll even get complimentary bankcard for fast withdrawals.
How much do I need to deposit to open this account?
You only need to deposit RM20 to open an Affin Bank Basic Savings account. Sure, you'll have to maintain a minimum balance RM10 per month to avoid being penalised by charges, but we hope you can manage to save at least ten ringgit.
Great, any other features that I show know about?
You can get your money anytime using ATM machines or in the bank over-the-counter. Make easy fund transfer between accounts using the free Affin online banking service - great for online bill payments and account inquiries.
For RM8 a year, you can have unlimited over-the-counter and ATM withdrawals at any Affin Bank branches in Malaysia.
What happens if my account is inactive for too long?
Dormant accounts which have had zero financial transactions for at least 12 months (and with a balance of less than RM10) will closed automatically - mind you, that will happen after two reminders!
Any fees and charges that I should know about?
There are a few important ones to keep in mind. If you lose your ATM card, you'll have to pay RM12 for a new one! Other than that, the only major charge is RM20 in the event that you close your account within the first three months.