Current Account

RHB Smart Account-i

A Shariah-compliant account that rewards you with attractive bonus rates based on the banking transactions that you perform.
Apply Now

Highlights and Benefits

Shariah Compliance

A specially designed current account based on the concept of Commodity Murabahah via the Tawarruq Arrangement.

Rates

Enjoy profit of 2.85% p.a. or more when you Save, Pay, Spend, or Invest.

Online Account Opening

Easily open your account anywhere, anytime.

RHB Debit Card-i


Go cashless and enjoy exclusive benefits with RHB Debit Card-i.

RHB Now Internet Banking and RHB Mobile Banking App

Enjoy a world of banking features and solutions anytime, anywhere such as managing your finances, paying bills, transfer funds and more.

e-Statements


Enjoy complimentary
e-Statements every month that is also viewable via RHB Now.

Charity Donation


Donate a percentage of your profit to any of our listed charitable bodies.

Highlights and Benefits

Shariah Compliance

A specially designed current account based on the concept of Commodity Murabahah via the Tawarruq Arrangement.

Rates

Enjoy profit of 2.85% p.a. or more when you save, pay, spend, or invest.

Online Account Opening

Easily open your account anywhere, anytime.

RHB Debit Card-i

Go cashless and enjoy exclusive benefits with RHB Debit Card-i.

RHB Now Internet Banking and RHB Mobile Banking App

Enjoy a world of banking features and solutions anytime, anywhere such as managing your finances, paying bills, transfer funds and more.

e-Statements

Enjoy complimentary
e-Statements every month that is also viewable via RHB Now.

Charity Donation

Donate a percentage of your profit to any of our listed charitable bodies.

Preferred Debit Card-i

RHB Visa Debit-i WWF

RHB Visa Debit-i WWF

Cashback
0.5% on overseas transaction

Benefits

  • Enjoy contactless function.
  • Able to use the card for online function. However, customer need to opt on for this function.
  • Easy to apply as no minimum income is required.
  • Able to withdraw cash at any MEPS nationwide & the limit is up to RM10,000.
Issuance Fee
RM15.00
Annual Fee
RM12.00

Rates

Transactions
Base Rate
Bonus Payout
Maintain minimum
RM1,000 account balance. 		0.05% p.a.
on your daily account balance.

-

Deposit
RM2,000 minimum monthly.

-

1.80% p.a.*
and qualify for other bonus payouts
Pay minimum 3 bills monthly via RHB Now Internet Banking or RHB Mobile Banking App.

-

0.50% p.a.*
Spend minimum RM1,000 monthly with RHB Credit Card/-i or Debit Card-i.

-

0.50% p.a.*
Invest minimum RM1,000 monthly with selected RHB investment products.

-

1.00%**
*Base Rate is calculated daily and credited monthly.

*Bonus payout based on monthly average account balance up to RM100,000.

**Bonus payout based on 1% of net investment amount.

*Bonus Payout earned will be credited on 15th calendar day of the next occurring month, subject to criteria met.

*Maintain a minimum account balance of RM1,000 and get 0.05% p.a. on your daily account balance.
RHB
Smart Account Calculator
Total Net Investment amount within the month
(Net investment amount = Total Investment Amount – (Sales Charge & GST)
Result:
Total Interest & Bonus Payout earned (RM)
RM2.58
Breakdown
RM
Total Base Rate Earned (RM) 0.21
Bonus Save 1.52
Bonus Pay 0.42
Bonus Pay 0.42
Bonus Invest 0.00
RHB Smart Account-i
Calculator
Monthly Average Balance (RM)


Note:

  • The amount is calculated on per month (31 days) and year (365 days) basis and is for illustration purposes only.
  • Monthly Average Balance is defined as the sum of end day daily account balance for the month/number of calendar days of the month.
  • *Selected RHB investment product with service charge of 4% or above
Disclaimer:

This calculator is intended as a guide, and all information contained herein is for estimation and illustration purposes only. RHB Banking Group will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you make as a result of using the calculator.

Result:

Total Profit & Bonus Payout earned for the month (RM)

RM 0
Breakdown
Profit Rate
RM
Base Rate
0.05%
0
Bonus Save
1.80%
0
Bonus Pay
0.50%
0
Bonus Spend
0.50%
0
Bonus Invest
1.00%
0

Note:

  • The amount is calculated on per month (30 days) and year (365 days) basis and is for illustration purposes only.
  • Monthly Average Balance is defined as the sum of end day daily account balance for the month/number of calendar days of the month.
  • *Selected RHB investment product with service charge of 4% or above
Disclaimer:

This calculator is intended as a guide, and all information contained herein is for estimation and illustration purposes only. RHB Banking Group will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you make as a result of using the calculator.

Eligibility

Residents and
non-residents

Individuals aged 18 years and above

Joint account is not allowed

Service Charges

View service charges

Protected by PIDM

Up to RM250,000 for each depositor. Investment products are not protected by PIDM.

Download PIDM’s DIS brochure
Terms and Conditions
Product Disclosure Sheet
Documents required for account opening
Online Account Opening
FAQs - RHB Smart Account-i
What are RHB Smart Account/ RHB Smart Account-i?
RHB Smart Account and RHB Smart Account-i are accounts that reward a customer based on the banking transactions that the customer performs (“Account”).

RHB Smart Account is a conventional current account, whereas, RHB Smart Account-i is an Islamic current account under the Commodity Murabahah (cost plus profit) via Tawarruq Arrangement concept.
Who can open the Account?
The Account is available to all Residents and Non Residents, aged 18 years and above and under single name only. Joint account is not allowed for this Account.
Is there an initial deposit requirement?
Yes, the minimum initial deposit is RM1,000.
What are the benefits and the interest/profit rate of the Account?
The range of interest/profit and benefits for the Accounts are as follows:

BASE Interest/Profit Rate
DAILY END BALANCE RANGE BASE INTEREST/PROFIT RATE P.A*
Below RM1,000 0.00%
RM1,000 and above 0.05%
*Note: Interest/ profit rate is subject to changes.

  • Formula of calculation for Base Interest/Profit Rate
    = Daily End Balance x Base Interest/Profit Rate
        Actual Number of Days for the Year

  • Formula of calculation for Monthly Average Balance (“MAB”)
    = Total Daily End Balance
        Actual Number of Days for the Month

BONUS Interest/Profit Rate
CATEGORY BONUS INTEREST/ PROFIT RATE P.A* REQUIREMENT
i. SAVE 1.80% p.a bonus rate on account with Monthly Average (MAB) up to RM100,000 Minimum deposit of RM2,000 in a month
ii. PAY 0.50% p.a bonus rate on account with MAB up to RM100,000 Minimum three (3) bills payment via RHB Now Internet Banking and/or RHB Mobile Banking App in a month
iii. SPEND 0.50% p.a bonus rate on account with MAB up to RM100,000 Aggregated RM1,000 spent on RHB Debit and/or Credit Card/-i in a month
iv. INVEST 1.00% bonus rate (flat rate) on net investment value Purchase of eligible RHB financial products with minimum amount of RM1,000
*Note: Interest/ profit rate is subject to changes.

  • Formula of calculation of Bonus Interest/Profit for Save, Pay & Spend
    = MAB x Bonus Interest/Profit Rate x Total Calendar Days in the Month
        Actual Numbers of Days for the year

  • Formula of calculation of Bonus Interest/Profit for Invest
    = Net Investment Amount x Bonus Interest/Profit Rate
How to earn the SAVE bonus rate interest/profit?
The requirements are as follows:
  • Must maintain minimum Monthly Average Balance (MAB) of RM1,000 in the Account.
  • Deposit a minimum of RM2,000 during the month into the Account.
  • SAVE Bonus Rate interest/profit will be credited into the Account every 15th calendar day of the next occurring month.
SAVE TRANSACTIONS
(TABLE A)
(transactions below are included for Bonus Rate) 		NON SAVE TRANSACTIONS
(TABLE B)
(transactions below are excluded from Bonus Rate)
i) Cash Deposit x) MARA Payment Credit i) Fund transfer within RHB Current or Savings Account/-i
ii) Cash Deposit Pos xi) EPF Payment Credit ii) Cheque Deposit
iii) Credit Transfer xii) Money Order/ Purchase Order Deposit
iv) Fixed Deposit Credit xiii) REFLEX – Funds Transfer Credit
v) Cashier Order Credit xiv) REFLEX – payroll Payment Credit
vi) Demand Draft Credit xv) REFLEX – Auto Credit
vii) Telegraphic/ RENTAS/ IBG Transfer Credit xvi) MCA Credit
viii) Personal Express/ Financing Disbursement xvii) IBK Cash Advance Credit
ix) RHB Auto Credit xviii) ATM IBFT Cr At RHB
xix) ATM IBFT Cr At MEPS
xx) DuitNow
How to earn the PAY bonus rate interest/profit?
The requirements are as follows:
  • Must meet SAVE criteria.
  • Make 3 bill payments from this Account via RHB Now Internet Banking and/or RHB Mobile Banking App during the month.
  • PAY Bonus Rate Interest / Profit will be credited into the Account every 15th calendar day of the next occurring month.
PAY (TABLE A)
(transaction below are included for Bonus Rate) 		PAY (TABLE B)
(transactions below are excluded from Bonus Rate)
Bill payment under Other Biller and JomPAY made to billing organization via RHB Now Internet Banking or RHB Mobile Banking App i) Payment to any RHB Credit Card/-i
ii) Payment to any RHB Loan/Financing
iii) Payment via FPX
How to earn the SPEND bonus rate interest/profit?
The requirements are as follows:
  • Must meet SAVE criteria.
  • Minimum total aggregated RM1,000 spend on RHB Debit and/or Credit Card/-i in a month.
  • SPEND Bonus Rate earned will be credited into the Account every 15th calendar day of the next occurring month.
RETAIL SPENDING
(TABLE A)
(transactions below are included for Bonus Rate) 		NON SAVE TRANSACTIONS
(TABLE B)
(transactions below are excluded from Bonus Rate)
i) Local and overseas retail purchases i) Easy Payment Plan (EPP) viii) Reversal on Transaction
ii) Spend via JomPAY using Debit Card/-i ii) Balance Transfer (BT) ix) Disputed Transaction
iii) Cash Excess x) Fraudulent Transaction Card/-i
iv) Credit Card/-i Outstanding Balance xi) Sales and Service Tax (SST)
v) Finance Charge xii) Card/-i Replacement Fee
vi) Annual Fee xiii) Dial-An-Installment
vii) Late payment Charge xiv) Spend via JomPAY using Credit Card/-i
xv) Other Fees and Charges
How to earn the INVEST bonus rate interest/profit?
The requirements are as follows:
  • Must meet SAVE criteria
  • Purchase of eligible **RHB investments products with minimum amount of RM1,000 in a month.
  • Bonus Rate earned will be credited into the Account every 15th calendar day of the next occurring month.
**Note: Subject to the Terms and Conditions.
I have made 3 bill payments via RHB Now Internet Banking and/or RHB Mobile Banking App for this month, but I did not receive any Bonus Rate.
In order to enjoy PAY Bonus Rate, you must meet SAVE criteria as per below first before you are entitled for the PAY Bonus rate:-
  • Must maintain minimum Monthly Average Balance (MAB) of RM1,000 in this Account.
  • Deposit a minimum of RM2,000 during the month into the Account.
I have met SAVE criteria and performed 3 bills payments via RHB Now Internet Banking and/or RHB Mobile Banking for this month, but I did not receive PAY Bonus Rate.
  • In order to earn the PAY Bonus Rate, customer is to ensure to perform eligible transactions as stated in PAY table above.
  • If there is any delay in the transmission or posting of any retail transactions, Bonus Rate will be computed based on the posting date.
  • If there are any retail transactions not reflected in the RHB statement due to any failure, Bonus Rate will not be computed.
  • RHB is not responsible for any failure or delay in the transmission or posting of any retail transaction. RHB’s records on the posting date of any retail transaction shall be final, conclusive and binding.
Is payment made by debiting from the Account of the Accountholder under standing instruction/ recurring bill payments included for Bonus Rate?
Yes, included under PAY Bonus Rate
Is spend made under JomPAY of the Credit Card’s Accountholder under standing instruction/ recurring bill payments included for Bonus Rate?
No, spend made under JomPAY of the Credit Card’s Accountholder are excluded from SPEND Bonus Rate
Is an overdraft facility available for this Account?
Overdraft facility is NOT available for this Account.
Is a cheque book facility available for this Account?
Cheque book facility is available upon request and subject to cheque book Terms and Conditions.
Can I maintain both RHB Smart Account and RHB Smart Account-i at the same time?
No. You can only maintain one (1) Account at any one time, either RHB Smart Account or RHB Smart Account-i.
I have an existing RHB Debit Card/-i, can it be linked to this Account?
Yes. Only RHB Smart Account can be tagged to conventional RHB Debit Card and RHB Smart Account-i can be linked to RHB Islamic Debit Card-i.
Where can I check the monthly statement for this Account?
Monthly Account Statement for this Account can be viewed via RHB Now Internet Banking.
Is there any service charge and fees impose in this Account?
Yes. Please refer to RHB Bank and/or RHB Islamic Bank’ Standard Fee & Service Charges (https://www.rhbgroup.com/others/service-charges/index.html)
Who should I contact if I have further enquiries on this Account?
You can contact our Customer Care Centre at 03-9206 8118
Below are some illustrations on the interest/profit computation for Base Interest/Profit & Bonus Interest/Profit.
  • Below are some illustrations on the interest/profit computation for Base Interest/Profit & Bonus Interest/Profit.
  • The Base Interest/Profit Rate and Bonus Interest/Profit Rate might vary from time to time and the Accountholder may find the latest rates at RHB’s website at www.rhbgroup.com.
  • In the event of closure or the account is not in active status, the Accountholder will not be entitled for any Base Interest/Profit Rate or Bonus Interest/Profit Rate for the calendar month.
  • The Base Interest/Profit Rate and Bonus Interest/Profit Rate might vary from time to time and the Accountholder may find the latest rates at RHB’s website at www.rhbgroup.com.
  • In the event of closure or the account is not in active status, the Accountholder will not be entitled for any Base Interest/Profit Rate or Bonus Interest/Profit Rate for the calendar month.
Scenario A: Customer A fulfills the requirements for “SAVE” and “PAY”.
MAB and Base Interest/Profit Computation
Scenario B: Customer B fulfills the requirements for “SAVE”, “SPEND” and “INVEST”.
MAB and Base Interest/Profit Computation
Scenario C: Customer C fulfils the requirements for “PAY”, “SPEND” and “INVEST” without “SAVE”.
MAB and Interest/Profit Computation
RHB Smart Account-i
Initial deposit: RM1,000
Initial deposit: RM1,000
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