eFlex Savings Account-i

Benefits

• Hassle-free online account opening via AmOnline mobile app.
• Competitive profit rate equivalent to a 3-month Term Deposit-i.

Requirements:

• Minimum age: 18 years old & above
• Minimum initial deposit: RM20

(Protected by PIDM up to RM250,000 for each depositor)

Profit Rates

How eFlex-i works

Base Rate

0.5% p.a on any end-of-day balance

Bonus profit rate

• Bonus Profit Rate is the difference between the prevailing 3-month Term Deposit-i board rate (rate is subject to change) and the Daily Accrual Profit Rate.
• To qualify for the Bonus Profit, daily end-of-day balance must be equal to or more than the threshold balance of RM20,000.
• Bonus Profit is calculated based on the daily end-of-day balance with the qualifying threshold balance accrued and credited at month-end.

How to Use eFlex-i

1. Apply for eFlex-i via AmOnline

Transact as you normally would on a regular savings account - deposit, withdraw, transfer or pay bills and financings.

2. Earn profit

Earn on a base rate of 0.5% p.a. However, if your balance does not dip below RM20,000, your profit rate on your daily end-of-day balance. Balance is topped up to the prevailing 3-month TD-i rate.

3. Be prepared for the unexpected

In the event of emergencies where you need money, bank on eFlex-i to tide you over while still earning 0.5%.

How can you make the deposit?

1. Transfer money to your eFlex-i via AmOnline if you have another account with AmBank/AmBank Islamic
2. Use another bank’s online banking service to make the transfer to your eFlex-i account
3. Deposit cash into your eFlex-i from any AmBank Cash Deposit Machine

Click here to view the Product Disclosure Sheet

Click here to view the PIDM List of Insured Deposit

Learn More About the Product