Boost savings with MBSB Bank’s tiered savings account
New customers at MBSB Bank have the opportunity to maximise their savings with competitive rates through the Peak Savers campaign.

PETALING JAYA: MBSB Bank Bhd is offering its new customers a unique chance to maximise savings with competitive rates through its Peak Savers campaign.

This campaign provides an impressive annual profit rate of 2.8% on its tiered savings account balances over RM10,000 for a period of 12 months from the date of activating the account, designed specifically for its new-to-bank customers.

This rate is aimed at making high-yield savings accessible to a broader audience, not just high net-worth customers.

In addition to earning a competitive rate, new customers can also win one gram gold coin by maintaining a Monthly Average Balance (MAB) of RM30,000 for three months during the campaign.

Running until May 31, next year, the Peak Savers campaign offers simplicity and value without the usual prerequisites − no hefty initial deposits, no need to sign up for additional products like takaful or wealth management, and no transaction requirements such as debit card usage or multiple bill payments as qualifiers.

“We’re excited to welcome new customers with an amazing offer to empower greater saving habits for financial growth that is straightforward and highly beneficial to the communities we serve,” said MBSB Bank chief executive officer Datuk Nor Azam M.Taib.

Meanwhile, MBSB Bank consumer banking group head Usman Ghouse shared his aspiration on the Peak Savers campaign in improving the bank’s CASA ratio.

“With the unique proposition of this campaign, we hope that it will be well received by the public in instilling the value of flexible savings on their day-to-day operating account through higher yielding returns on balances.

“The success of this campaign will elevate the bank’s CASA ratio, which is one of our primary focus areas in 2024 for the Group.”

Upon joining, customers will gain complete access to its consumer online and mobile banking platform, M JOURNEY, enhancing their banking experience with convenience at their fingertips.

The bank aspires to build its customer base across multi segments through key value propositions, catering to targeted client needs. The Peak Savers initiative is one such effort to promote savings in the communities where it is present.

If you’re new to MBSB Bank and ready to take your savings to new heights, visit any of its branches or learn more at www.mbsbbank.com.
PETALING JAYA: MBSB Bank Bhd is offering its new customers a unique chance to maximise savings with competitive rates through its Peak Savers campaign.