What is special about MBSB Wise Saver Savings Account-i?
If you follow the local banking news, you must have heard that MBSB is now licensed as a fully-fledged Islamic bank known as MBSB Bank, offering some of the basic and complex banking products.
When you open an MBSB Wise Saver Savings Account-i, you will get a complimentary savings passbook to manage your finances such as cash withdrawals, fund transfers, payments and many more. MBSB Bank allows for you to set up a Standing Instruction facility for easy payment of your bills.
Do I get profit for saving my money in this savings account?
Yes it is. This savings account rewards profit at 1.25% p.a. on all balances.
Therefore the more you deposit your money into this savings account, the higher the chances to earn higher profits on your balances.
How much do I need to open and maintain this savings account?
To open a Wise Saver Savings Account-i, you to have RM20 as initial deposit, and maintain a minimum balance of RM10.
This savings account can be opened singly or joint account holders, provided that you own a valid identity card to verify your residential status.
Is my saving money protected by PIDM?
Absolutely. Rest assured that your saving money is protected under PIDM for up to RM250,000.