What is the AmBank Islamic AmWafeeq Savings Account-i?
The AmWafeeq Savings Account-i is a Shariah-compliant savings account from AmBank Islamic. What makes it special is its promotional campaigns and lucky draws, alongside a basic savings function.
You can manage the account through the AmOnline app or at a branch, and your deposit is protected by PIDM up to RM250,000 per depositor.
How much profit return do I get?
You will get a flat 0.10% p.a. on all account balances.
What are the fees or charges for this account?
AmWafeeq keeps most fees at zero, but there are a few worth knowing about before you open an account.
- Annual account fee: None
- Over-the-counter withdrawal: No fee, unlimited transactions
- Dormant account annual fee: RM10
- Account closure within 3 months of opening: RM20
- Monthly hardcopy statement: RM1
- Duplicate or ad-hoc statement request: RM20 per statement
There's no annual fee and no limit on over-the-counter withdrawals. For more details on the applicable fees, check out the fees and charges page.
