So, what is RHB-Easy Simpanan Mesra about?
This is a goal-saving account where you will need to deposit a specific amount of either RM100, RM200, RM300, RM400 or RM500 every month without fail to earn at the attractive interest rates.
Before that, you need to choose your savings period of 12 months, 24 months or 36 months, depending on your future financial goals. The interest rate is higher for longer periods of saving.
What do I need to do to open this savings account?
Applying for the RHB Easy Simpanan Mesra savings account is well, easy! Just drop by any RHB Easy branch with your MyKad, and you'll be the proud owner of a new account in 10 minutes!
Many RHB Easy branches and kiosks are located near train stations, you can get your savings account opening on the spot, even as you wait for your train to arrive.
What happens when I forget to save for the month?
If you fail to deposit your cash in time, the money you've deposited will be treated as deposit of the following month. In that sense, the period of holding this account will be extended automatically.
If this happened for 6 months continuously, your account will be terminated and you're not allowed to deposit into account while RHB Easy will keep your profit until your collection.
Who can apply for this savings account?
This is an individual savings account. Only Malaysians and permanent residents aged 18 and above are eligible to open this account.
Can I make cash withdrawals?
No, withdrawal is not allowed before maturity. If you insist on doing so, your account will be forced to close - similar to a fixed deposit account.
I want to continue savings with this account. Is it renewable?
Yes, you can renew this savings account along with your earned profit at maturity. Save up for college, marriage, or retirement!
Is it safe to deposit at RHB-Easy Simpanan Mesra?
Yes, your savings account is protected up to RM250,000 by Perbadanan Insurans Deposit Malaysia ( PIDM). With a deposit limit of up to RM18,000, your deposit will definitely be under covered