Public Bank

Public Bank Bright Star Savings Account

Ignite the habit of saving within your child and allow them to excel academically with the Star Achiever Programme - only with Public Bank

    • Phone Banking Service
  • Min. AmountMax. AmountInterest Rate
    RM1RM500000.4% p.a.
    RM50001no maximum0.7% p.a.

Features

What would make it different?

Online Banking
PBeBank
Mobile App
PIDM Protected
ATM Card

Fees & Charges

There are always fees but how much are they?

ATM Card Issuance Fee
RM8.48
MEPS Withdrawal Fee
RM1.06
HOUSe Withdrawal Fee
RM4.24
Overseas Withdrawal Fee
RM12.72
Early Closure Fee
RM10.60

*inclusive of 6% GST

Requirements

Are you eligible for this account?

Maximum Age
18 years old
Minimum Initial Deposit
RM50

Frequently Asked Questions about Public Bank Bright Star Savings Account

Things you might want to know

What do I need to know about Public Bank Bright Star Savings Account?

Start encouraging your child to save with Bright Star savings Account for well, to put it simply - a brighter future! 

To motivate young ones to start thinking about money matters, Public Bank has set up the Yearly Achievers Programme especially for school-goers. This initiative will encourage your child to excel in their studies by rewarding them with cash rewards, given that there is a minimum balance in the account.

How does the Yearly Achiever Programme work?

The Yearly Achiever Programme is offered to account holders studying in primary and secondary school pursuing qualifications such as UPSR, PMR and SPM. To take part in this programme, account holder must have a balance of at least RM500.00 during the year of their major public exam. Only the first 200 participants who submitted with the highest number of A's will enjoy the cash reward.

Eligible participants and rewards are as follows:

ExaminationResultCash Prize
UPSR5A'sRM50
PMR7A'sRM100
SPM8A'sRM200

Who can apply for Public Bank's Bright Star Savings Account?

This account is open to all Malaysian residents or permit holders who lives in Malaysia below the age of 18.

What is the minimum deposit I need to open this account?

With just RM50, your child can enjoy all the saving benefits offered by this savings account.

How often can I withdraw from this account?

You can withdraw as much as you want but you will need to keep at least RM50 to take advantage of the interest rates. Your child will be able to earn more, the more he/she saves.

Are there any "sneaky" fees and charges?

There will be an annual service fee of RM10 whether or not your account is active or unactive. Store your children saving passbook in a safe place or pay RM10 for a replacement.

Read More