Is the Pay&Save Account (with Multi-Currency Feature) PIDM-insured?

Yes. The Pay&Save Account (with Multi-Currency Feature) is PIDM-insured up to RM250,000 per depositor per member bank.

Pay&Save Account (with Multi-Currency Feature)

Q: What is the interest rate on the Pay&Save Account (with Multi-Currency Feature)?

The Pay&Save Account (with Multi-Currency Feature) pays a base rate of Not disclosed, up to 3.4% p.a. with bonus tiers. Savings Interest 1.50% p.a. (deposit RM2,000 single transaction monthly for 3 consecutive months, credited quarterly, up to RM100,000) + e-Xtra 0.50% (pay RM500 bills online, RM30/month cap) + Bonus 0.50% (spend RM500 debit card, RM30/month cap) + Share Trading 0.30%-0.90% = up to 3.40% p.a. Rates wef 1 Aug 2026. Verified 4 Sept 2026 against the official Hong Leong Bank website.

Hong Leong Bank · Malaysia · Verified 4 Sept 2026

BASE RATE

Not disclosed

MAX RATE (ALL TIERS)

3.4% p.a.

BALANCE CAP

RM100,000 (savings interest paid up to max balance RM100,000)

■ BONUS TIER REQUIREMENTS

Salary credit NOT REQUIRED

Card spend REQUIRED — min RM500/mo

Bill payments (JomPAY / standing instruction) REQUIRED

Insurance / investments via bank REQUIRED

PIDM insured YES — RM250,000 per depositor per member bank

Minimum balance RM50 initial deposit; min end-day balance RM1,000 for savings interest

HOW THE RATE WORKS

Savings Interest 1.50% p.a. (deposit RM2,000 single transaction monthly for 3 consecutive months, credited quarterly, up to RM100,000) + e-Xtra 0.50% (pay RM500 bills online, RM30/month cap) + Bonus 0.50% (spend RM500 debit card, RM30/month cap) + Share Trading 0.30%-0.90% = up to 3.40% p.a. Rates wef 1 Aug 2026.

SOURCE

https://www.hlb.com.my/en/personal-banking/deposits/savings-account/pay-and-save-account.html

HLB official Pay&Save product page - Savings Interest Rate (wef 01/08/2026), Debit Card Bonus, e-Xtra and Share Trading rate tables

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