Boost Bank Announces 5% p.a.* Daily Interest Rate
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In a celebration of Boost’s birthday, Boost Bank by Axiata and RHB (Boost Bank), the third digital bank in Malaysia, is rewarding all of their customers with a 5% p.a* daily interest rate, through the Boost Birthday Jar.
Through the Boost Birthday Jar offer, customers get to enjoy rewarding savings throughout the whole month of October.
Meanwhile, customers in East Malaysia can enjoy the same 5% p.a* daily interest rate through Boost Bank’s partnerships with four top supermarkets and hypermarkets: Bataras Sdn Bhd, CKS RETAIL Sdn Bhd, FARLEY (KCH) Sdn Bhd, and Servay Hypermarket Sdn Bhd.
Here’s how to get 5.0%* daily interest rate with Boost
So how do you get the 5.0%* daily interest rate? Here’s how;
From the 1st of October to the 31st of October, all you have to do is open a Boost Bank account if you don’t already have one, and put money into the Birthday Jar to enjoy the interest rate. In doing so, you can also earn up to 70 million Boost Stars!
Earn Boost Stars rewards points
For those of you who are unaware of what the Boost Stars is, Boost Stars is the loyalty reward point that you will earn with every transaction you make with the Boost app.
These points can then be used in a myriad of ways, such as offsetting the cost of a purchase, redeeming something from their rewards catalogue, or even using it as an entry for Boost’s very own Pick & Win programme.
Meanwhile, Boost Bank users in East Malaysia can also enjoy the 5% p.a.* daily interest rate by shopping at the four participating grocers and making a minimum monthly transaction of RM50 through the Boost eWallet app.
Boost Bank physical debit card launch
Along with the 5% p.a.* daily interest rate, Boost has also announced the release of its highly anticipated debit card, powered by Payments Network Malaysia (PayNet) and Mastercard, which allows users to make transactions at over 100 million locations worldwide.
And to celebrate the launch of their debit card, customers who order the physical Boost Bank Debit Card between now and 31st December 2024 will receive RM10 cashback and enjoy zero annual fees for the first year.
You can order the card using the Boost Bank app under the ‘Cards’ tab, and best of all, the card is completely free!
Boost Bank is committed to serving the underserved
Speaking on Boost Bank’s promotion, Fozia Amanulla, CEO of Boost Bank has this to say;
“By collaborating with renowned supermarkets across East Malaysia, we’re bringing our digital banking solutions closer to where our customers need them most. Staying true to our mission of empowering the underserved, we are proud to offer an exclusive 5% p.a. daily interest rate and RM5 cashback on groceries that not only support the everyday lives of Malaysians but also encourage smarter shopping and greater savings for the rakyat.”
So what are you waiting for? Download Boost Bank’s app right here, and start saving!
