MYT://BANK
SINGAPORE 2026-09-04 VERIFIED
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SAVINGS / Bank Islam

Qard Savings Account-i

Bank Islam · Malaysia · Verified 4 Sept 2026

BASE RATE

Not disclosed

MAX RATE (ALL TIERS)

Not disclosed

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 RM100 initial deposit; RM10 min balance

HOW THE RATE WORKS

Qard contract; Hibah may be given monthly at the Bank's absolute discretion - no rate published on product page. (Related: Awfar Savings Account profit rate 0.01% p.a. effective 1 July 2026 per official Deposit & Financing Rates page.)

SOURCE

https://www.bankislam.com/personal-banking/deposit-and-investments/deposit-account/qard-savings-account-i

Bank Islam official Qard Savings Account-i page (hibah at bank's discretion, no rate) + official deposit-financing-rates page (Awfar Savings 0.01% eff 1 Jul 2026)

Verified 4 Sept 2026. Rates change — always confirm on the official site.