Benefits
- Hassle-free online account opening via AmOnline mobile app.
Available for existing AmBank and AmBank Islamic customers only.
Competitive profit rate equivalent to a 3-month Term Deposit-i. Click here to view the profit rate.
Offers fixed deposit/term deposit-i* rates for maintaining the qualifying balance
Immediate access to liquidity for unforseen experiences with the benefit of higher interest/profit rates
Quality threshold is RM20,000. Rate subject to change based on the prevailing 3-month FD/TD-i rate.
Requirements:
- Minimum age: 18 years old & above
- Minimum initial deposit: Waived (online account opening)/RM20 (over-the-counter)
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 of 2.30%.
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?
1. Transfer money to your eFlex/-i via AmOnline if you have another account with AmBank/AmBank Islamic
2. Use another bank’s online banking service to make the transfer to your eFlex/-i account
3. Deposit cash into your eFlex/-i from any AmBank Cash Deposit Machine
Click here to view the PIDM List of Insured Deposit
Learn More About the Product
Ready to Embrace Change with eFlex Banking?
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