Which bank in Malaysia offers the highest interest savings account? How about if your monthly savings could earn you better returns? Perhaps EON Bank’s SaveMonthly Account might fulfill your needs.
Earn GREATER Returns with Regular Savings Habit
I do like the idea of EON Bank Group’s SaveMonthly Account. Because the SaveMonthly Account will “force” you to have monthly savings habit indirectly. The so called “been forced” habit actually earn you additional interest of up to 0.6% p.a.! That is great right!
To maximize the benefits of the SaveMonthly Account, you should consider to:
- Switch your payroll account to your SaveMonthly Account to enjoy more income
- Save for your holiday, wedding or even children’s education and see your dreams fulfilled faster
- Set aside a nest egg for your retirement and look forward confidently to the future
Pros and Cons of EON Bank’s SaveMonthly Account
Pros:
- Enjoy Higher Returns. Interest earned on top of your existing savings account’s interest rates up to 0.6% for regular savings plan
- Affordable Plan for Everybody. Start your monthly savings plan from just a minimum of RM100 per month to achieve your savings target
- Systematic & Consistent Savings. Manage your savings plan more systematic and consistently for your holiday, wedding or even children’s education
- Flexible Tenures. Decides yourself on the savings target and tenure up to your own comfort level
- Hassle Free Banking. Cash Deposit Machines, Cheque Deposit Machines and internet banking services are allowed to be used to deposit money into the SaveMonthly Account
Cons:
- Free withdrawal is limited to once a calendar month. The Account will not enjoy any additional Savings Plan interest rates if more than one withdrawal was made.
- Any withdrawals which exceeded allowable withdrawal limit will be charged RM 5.00 per withdrawal
- RM 2.00 shall be charged if the balance of the account falls below RM 1,000.00 at any one time during the month
For more information, please visit the EON Bank’s official websites.
{ 2 comments… read them below or add one }
i always make sure that i can save money each month but i will choose higher return for my saving plan
Hi DavidLee, agree with u that we must always make sure save money each month, atleast something. Therefore, i always encourage my bro and sis to practice save first, spend later for their monthly income. “Savings = Income – Expenses” TOO IMPORTANT!