BASE RATE
0% p.a.
MAX RATE (ALL TIERS)
2.75% p.a.
BALANCE CAP
None
■ BONUS TIER REQUIREMENTS
Salary credit NOT REQUIRED
Card spend NOT REQUIRED
Bill payments (JomPAY / standing instruction) NOT REQUIRED
Insurance / investments via bank NOT REQUIRED
PIDM insured YES — RM250,000 per depositor per member bank
Minimum balance RM20 initial deposit (via DuitNow); RM20 min balance
HOW THE RATE WORKS
Tiered savings rate with no conditions: 0% (RM0-20,000), 0.95% (RM20,001-50,000), 1.55% (RM50,001-200,000), 2.60% (RM200,001-500,000), 2.75% (above RM500,000). Effective 15 July 2025. Interest calculated daily, credited monthly.
SOURCE
https://www.alliancebank.com.my/personal/Banking/Current-Accounts/alliance-saveplus-account
Alliance Bank official SavePlus product page - full rates table (effective 15 July 2025), eligibility, PIDM note
Verified 4 Sept 2026. Rates change — always confirm on the official site.