eFlex Savings Account

Benefits

Hassle-free online account opening via AmOnline mobile app.
Enjoy flexibility of a savings account and earn interest rate equivalent to a 3-month Fixed Deposit. Click here to view the interest rate.

Requirements:

Minimum age: 18 years old & above
Minimum initial deposit: RM20
(Protected by PIDM up to RM250,000 for each depositor)

Interest Rates

eFlex Savings Account

Effective Date: 14 July 2025

Amount (RM)	Rates Per Annum
Daily Accrual Interest	0.50%
Bonus Interest*	1.55%

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

How eFlex/-i works

Base Rate

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

Bonus interest/profit rate

Bonus Interest/Profit Rate is the difference between the prevailing 3-month Fixed Deposit/Term Deposit-i board rate (rate is subject to change) and the Daily Accrual Interest/Profit Rate.
To qualify for the Bonus Interest/Profit, daily end-of-day balance must be equal to or more than the threshold balance of RM20,000.
Bonus Interest/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 loans/financings.

2. Earn interest/profit

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

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

Click here to view the PIDM List of Insured Deposit