What is the Alliance Senior Savers?
It is a savings account dedicated to a selected group of our society, the more mature members as we fondly refer to them. Saving money is a good habit to have, and can award you with great returns as well as a safe place for your money to go.
What do I get with the account?
You will get attractive interest rates, based on the account balance and freedom to control your cash the way you want it. When you open the account, you will get a Debit/ ATM card to go with the account for all your spending needs and well as online banking access.
How does the interest work?
So, to open this account you will need a minimum deposit of RM1,000.If you have more money to top that up, then you are in luck. With a minimum balance of RM5,000 you can start earning interests on the balance you have. The more in the account the more the interest rate, with up to 1.2% p.a. in interest.
Your interest will be calculated daily and credited monthly into your account for easy access.
Better yet, get you balance up to RM200,000 and have your account upgraded with the Alliance Privilege Banking membership.
What are the account do’s and don’ts?
There are few don’t with the account, the biggest being, don’t let your account balance fall below the minimum amount of RM50, that is required to keep it going.
You will have unlimited access to your funds, with both your card and online banking account. This account is eligible for PIDM protection, so you can be sure that your cash is well protected.
To apply for this account, you will need to be at least 48 years of age. Hence, this being a senior account.