RHB Bank Berhad recently launched RHB Smart Account and RHB Smart Account-i, which are deposit accounts that offer customers attractive returns of 3% per annum +1% Bonus Pay-outs when they Save, Pay Bills Online, Spend and Invest with the bank.
The Smart Account and Smart Account-i are accounts that can be opened online and will reward a customer based on the banking transaction that the customer performs.
The Smart Account is a conventional account, whereas, Smart Account-i, is an Islamic account under the Commodity Murabahah (cost plus profit) concept.
“The Smart Account and Smart Account-i allow customers to open their account online, doing away with the unnecessary paperwork, hence simplifying the account opening process to not more than 10 minutes,” said U Chen Hock, Executive Director, Group Retail Banking, RHB Banking Group.
(main picture) U Chen Hock and Muzir Kasim, Head, Mass Affluent, Group Retail Assets & Liabilities Product, RHB Bank Berhad, launch the Smart Accounts at the RHB Centre.
“Aimed at the more tech-savvy, mass affluent customers, this account will provide this segment of our customers as well as new customers with the flexibility to manage their own account and lifestyle, while planning for their future, all conveniently available at their fingertips,” he explained.
With a minimum of RM2,000 monthly deposit and maintaining an average balance of RM1,000 in this account, account holders can qualify for the attractive Bonus Pay-outs by making bill payments online, spend using their RHB credit or debit cards, or when they invest with RHB.
The bonus pay-out is capped at up to RM100,000 monthly account balance, while the 1% Bonus Pay-out is on the investment amount and not account balance.
“The RHB Smart Account complements customers increasing inclination to use the internet and mobile devices for their banking and financial needs. As of January 2017, the total number of users has grown to 2.24 million,” added Chen Hock.
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