Is the Tiered Savings Account-i (Peak Saver) PIDM-insured?

Yes. The Tiered Savings Account-i (Peak Saver) is PIDM-insured up to RM250,000 per depositor per member bank.

Tiered Savings Account-i (Peak Saver)

Q: What is the interest rate on the Tiered Savings Account-i (Peak Saver)?

The Tiered Savings Account-i (Peak Saver) pays a base rate of 0.20% (Tier 1, up to RM10,000), up to 1.00% (Tier 3, RM50,000 and above; Tier 2 RM10,000-50,000 = 0.50%) with bonus tiers. Tawarruq profit-rate tiers verified on the official page 2026-09-28: 0.20% p.a. up to RM10,000; 0.50% p.a. RM10,000-50,000; 1.00% p.a. RM50,000 and above. Peak Saver campaign (2.80% p.a. above RM10,000) ended 31 Mar 2026 and is no longer on the page. Verified 26 Oct 2026 against the official MBSB Bank website.

MBSB Bank · Malaysia · Verified 26 Oct 2026

BASE RATE

0.20% (Tier 1, up to RM10,000)

MAX RATE (ALL TIERS)

1.00% (Tier 3, RM50,000 and above; Tier 2 RM10,000-50,000 = 0.50%)

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 RM50.00 (initial deposit RM100.00)

HOW THE RATE WORKS

Tawarruq profit-rate tiers verified on the official page 2026-09-28: 0.20% p.a. up to RM10,000; 0.50% p.a. RM10,000-50,000; 1.00% p.a. RM50,000 and above. Peak Saver campaign (2.80% p.a. above RM10,000) ended 31 Mar 2026 and is no longer on the page.

SOURCE

https://www.mbsbbank.com/consumer-banking/deposit/savings-account-i

MBSB official Savings Account-i page (mbsbbank.com) - Tawarruq profit-rate table verified 2026-09-28 (page returned 403 at the 2026-09-04 pass, so rates were recorded as not disclosed then)

Verified 26 Oct 2026. Rates change — always confirm on the official site.