It is a deposit product that gives you the interest/profit rates of a fixed/term deposit*, while letting you transact just like a savings account.
*Prevailing 3-months FD/TD rate provided the minimum balance is above RM10,000.
For more product details, kindly visit https://www.ambank.com.my/eng/eflex
Yes, it is protected by Malaysia Deposit Insurance Corporation (PIDM) up to RM250,000 for each depositor.
You will enjoy flexibility to earn attractive interest/profit rate which is equivalent to a 3-month Fixed/Term Deposit.
There are two components for the interest/profit rate for this product.
The Daily Accrual Interest/Profit and Bonus Interest/Profit will be paid on monthly basis in two separate transactions.
For more illustration of the interest/profit computation, learn more at Product Disclosure Sheet.
Eligible for individual aged 18 and above.
You may apply for this account via AmOnline mobile app.
If you’re an AmOnline user but a non-Malaysian, you must have an AmBank/AmBank Islamic deposit account for online account opening.
To open the account via AmOnline Mobile App, follow the following steps:
Done! Your account is created and you may check your account details at your account summary page.
You may also visit AmBank branches to open eFlex/-i Savings Account.
Instant!! The account opening is immediate after you have confirmed all your particulars. You can view your newly opened account at your account summary page.
You can open one eFlex Savings Account and one Islamic eFlex Savings Account-i online.
If you do not have any AmBank Debit Card, a new Debit Card will be issued and delivered to your correspondence address.
If you already have an AmBank Debit Card, this newly opened eFlex/-i account will be automatically linked to your existing AmBank Debit Card.
To qualify for the Bonus Interest/Profit, the daily balance must be equal to or more than the threshold balance of RM10,000. Hence, you will need to fund the account with a minimum of RM10,000 on the SAME DAY the account is opened to enjoy the bonus interest/profit.
There are several options:
There is a RM20 minimum balance amount need to be maintained in the account. However, you may view your total balance in the Account Details screen.