RHB Bank has announced a revision of its interest and profit rates for various current and savings accounts, with the new rates effective from 28 August 2025. The changes affect several products, including the RHB Premier Current Account/-i, RHB Savings Account-i, and RHB Junior Savings Account & Children Account-i.
Premier Customers See Rate Adjustments
The RHB Premier Current Account/-i, which is classified into two tiers, has undergone a rate revision. For Tier 1 Premier customers, the interest rates for balances above RM50,000 have been adjusted. Balances from RM50,000 to RM200,000 will now earn 0.35% per annum, while funds between RM200,000 and RM500,000 will receive 1.35% per annum.
For larger balances, the rate for RM500,000 to RM1,000,000 is 1.50% per annum, and subsequent balances above RM1,000,000 will get 1.70% per annum. Non-Premier customers holding this account, categorised as Tier 2, will not earn any interest on balances up to RM1,000,000. Subsequent balances above RM1,000,000 will receive 0.30% per annum.
Changes to Standard Savings and Current Accounts
Several other accounts will also see revised rates. The RHB Savings Account-i, RHB Statement Savings Account, RHB MAXSAVE Account, RHB Tayseer Savings Account, and RHB Ordinary Savings Account now offer a tiered profit or interest rate structure.
Balances up to RM20,000 will not earn any interest, while funds up to RM50,000 will receive 0.05% per annum. Account holders with balances up to RM100,000 will earn 0.10% per annum, and any amount more than RM100,000 will get a rate of 0.20% per annum.
The RHB MY1 Current Account and RHB Current Account-i have an Option 1 which remains a non-interest-bearing account. For Option 2 of both accounts, the interest rates remain unchanged. The RHB MAXCASH Account is also a non-interest-bearing account.
New Rates for Youth and Specialised Accounts
For young savers, the RHB Junior Savings Account & Children Account-i rates have also been revised. Balances up to the first RM50,000 will earn 1.75% per annum, while any amount above RM50,000 will receive 0.55% per annum.
The RHB Bonus Savers Account features a step-up interest structure. The base rate for this account is 0.05% per annum. To move up a step on the “Step-Up Counter,” a customer must increase their monthly average balance by at least RM500.
The bonus rate builds each month the condition is met, starting at 0.05% per annum for the first step and reaching 0.65% per annum at the final step. The monthly average balance is calculated by dividing the total of each day’s end balance in the month by the number of calendar days. After completing all the steps, a super bonus interest can be earned.
If the monthly average balance increases by RM500, the total rate becomes 0.70% per annum. If this condition is not met, the total rate remains at 0.65% per annum. In addition, a super bonus of 10% on the total bonus interest earned over the 12 steps can be received.
No Change for Certain Accounts
While many rates are being updated, some accounts will not experience any change. The RHB Current Account/-i, for instance, remains a non-interest-bearing account. This provides stability for customers who use these specific accounts for their daily banking needs, without the variable returns of interest-bearing accounts. Similarly, the interest rate for an unspecified Option 2 remains unchanged. It is a straightforward adjustment affecting specific accounts while leaving others untouched.
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