Highlights and Benefits
RHB
Smart Account Calculator
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 (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.
Preferred Debit Card-i
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.
Rates
With effect from 13 July 2020
|
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 Online 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.
*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.
Eligibility
Residents and
non-residents
Individuals aged 18 years and above
Joint account is not allowed
Service Charges
Protected by PIDM
Up to RM250,000 for each depositor. Investment products are not protected by PIDM.
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 RateActual Number of Days for the Year
-
Formula of calculation for Monthly Average Balance (“MAB”)= Total Daily End BalanceActual 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 Online 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 MonthActual 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 maintain minimum Monthly Average Balance (MAB) of RM1,000 in this Account.
- Must meet SAVE criteria.
- Make 3 bill payments from this Account via RHB Online 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 Online 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 maintain minimum Monthly Average Balance (MAB) of RM1,000 in this Account.
- 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 | 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) Other Fees and Charges | |
How to earn the INVEST bonus rate
interest/profit?
The requirements are as follows:
- Must maintain minimum Monthly Average Balance (MAB) of RM1,000 in this Account.
- 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 Online 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 Online 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?
Yes, spend made under JomPAY of the Credit Card’s Account holder are included under 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 Online 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.
Talk to us
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