Alliance Bank

Alliance Bank My eSavings Account

This is an online personal savings account that keeps on giving - earn up to 10% rewards interest on your first RM1,000 on top of attractive interest rates.

    • eStatement (via email)
  • Min. AmountMax. AmountInterest Rate
    RM20RM500000.65% p.a.
    RM50001RM1000001.1% p.a.
    RM100001no maximum1.6% p.a.


What would make it different?

Online Banking
PIDM Protected
ATM Card

Fees & Charges

There are always fees but how much are they?

ATM Card Issuance Fee
MEPS Withdrawal Fee
Overseas Withdrawal Fee
Early Closure Fee


Are you eligible for this account?

Minimum Age
18 years old
Minimum Initial Deposit
Minimum Balance

Frequently Asked Questions about Alliance Bank My eSavings Account

Things you might want to know

What is special about Alliance My eSaving Account?

First off, this is a personal savings account that you need to apply for online. The best part about this savings account is that could earn an additional interest of up to 10% p.a. when you have an average incremental balance into the account every month. 

This Rewards Interest will be paid to every quarter. Your interest payment will vary depending on the average monthly balance you have following the deposit made:

Average Incremental Monthly Average BalanceInterest Rate (p.a.)
100 - 5003%
501 - 1,0005%
1001 and above10%

What are the other features of this savings account?

For your convenience, you can carry out transactions such as money transfers using Internet banking via allianceonline internet banking. You will also be issued a debit card, the Alliance My eSaving Debit Mastercard, upon this savings account opening.

How do I qualify for the Alliance My eSaving Account?

Put simply, almost anyone can apply for the Alliance My eSaving Account. For those who are aged 18 and below, you will be joint account holder either in trust or as a beneficiary. Unfortunately, those below 18 cannot be issued a debit card in their least not yet. 

You will need a minimum of RM250 as an initial deposit, where you need to maintain RM20 in your account to avoid your account from closure. If it is found that you have a balance of RM0 for 60 days, your account will be shut down!

What are the fees and charges?

You will need to pay RM8 for the issuance of ATM / debit card, on top of a RM8 annual fee. Withdrawals made at other banks will be charged RM1 per withdrawal, while the OTC is RM5 per transaction.

Read More