Hong Leong Bank Savings Account

Getting started with your financial plans? This is a basic hassle free savings account, with low initial deposits.

Hong Leong Bank Savings Account
Interest Rate
0% to 0.05% p.a.
Min. Deposit
Phone Banking
Account Statement
eStatement (via email)

Interest Rate

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

Min. AmountMax. AmountInterest Rate
RM200RM1,000,000No interest
RM1,000,001No maximum0.05% p.a.


What would make it different?

Online Banking
Hong Leong Connect
Mobile App
PIDM Protected
Up to RM250,000
SMS Transaction Alert
RM5 per month
ATM Card

Fees & Charges

MEPS Withdrawal Fee
Early Closure Fee
Inactive Account Fee


Minimum Age
  • 18 years old
Minimum Initial Deposit
Who can apply
  • Malaysians
  • Foreigners

More Information

What do I need to know about this savings account?

If this is your first time opening a savings account, you may consider this account as this is a simple account yet it fulfills your daily banking and savings needs. 

For example, you are eligible to earn interest with every Ringgit you save. 

With no doubt, as this is a multi-tiered interest rate savings account, you earn higher interest with more savings in your account. 

The interest is calculated daily and paid half-yearly.

Does this account provide convenience to you?

Yes, Hong Leong Bank understands convenience is important to all busy people like us and so, you are allowed to conduct your banking transactions through Internet Banking of Hong Leong Connect and some other features like Hong Leong Phone Banking, Hong Leong Mobile Apps and ATM network. 

In order to track your previous banking transactions, the passbook and statement will be issued to you. Of course, to view your account instantly, you are free to view your e-statement through Internet Banking. 

Apart from that, you can pay bills with your savings account! You can arrange your regular payment through standing instruction service with the bank. 

And so, due date is no more your trouble. Besides that, you can also pay your utility bills through Hong Leong Connect, Hong Leong Phone Banking and Hong Leong ATMs. 

Is this account easy to open?

Yes, it is an easy opening account indeed. As long as you are 18 years and above, you can treat this as your personal account either on individual or joint basis. 

This is not only an individual account, it is applicable to clubs, societies and associations too. 

Since this is an easy opening account, no introducer is required, but you will need an initial deposit of RM200 to open this account. 

Are there any fees and charges I need to beware of?

Although there is no ATM card annual fee, in the case that you wish to enjoy convenience of debit card brings to you, you are required a fee of RM8 for either conversion or upgrade. 

For the card replacement, you need to pay RM12 for whatever reasons it is. The same applies to passbook replacement, you are required to pay a charges of RM20.

Search Icon

Get the financial support you need


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