RHB Smart Current Account with Attractive Interest 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 Online Banking or RHB Mobile Banking App.	-	0.50% p.a.*
Spend minimum RM1,000 monthly with RHB Credit Card/-i or Debit Card.	-	0.50% p.a.*
Invest minimum RM1,000 monthly with selected RHB investment products.	-	1.00%**

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.

0.50% p.a.*

Invest minimum RM1,000 monthly with selected RHB investment products.

1.00%**

FAQs - RHB Smart Account

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.

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.

Yes, the minimum initial deposit is RM1,000.

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) bill payments 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 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

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

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

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

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.

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.

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.

Yes, included under PAY Bonus Rate

Yes, spend made under JomPAY of the Credit Card’s Accountholder are included under SPEND Bonus Rate.

Overdraft facility is NOT available for this Account.

Cheque book facility is available upon request and subject to cheque book Terms and Conditions.

No. You can only maintain one (1) Account at any one time, either RHB Smart Account or RHB Smart Account-i.

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.

Monthly Account Statement for this Account can be viewed via RHB Online Banking.

Yes. Please refer to RHB Bank and/or RHB Islamic Bank’ Standard Fee & Service Charges (https://www.rhbgroup.com/others/service-charges/index.html)

You can contact our Customer Care Centre at 03-9206 8118

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”.