ALB
Alliance Bank

Alliance Bank Savings Account Rate

2.75%
best rate p.a.
Conventional Savings

Last updated 7 September 2026, 5:45 PM

Best rate
2.75%
per annum
Products
1
savings product
Min balance from
RM20

Alliance Bank savings account overview

Alliance Bank is a commercial bank in Malaysia. Its best savings account rate listed here is 2.75% p.a. on the Alliance SavePlus Account, with a minimum balance of RM20. The headline rate includes a bonus tier — check the condition below before assuming you'll earn the full rate. Compare each Alliance Bank savings product below, see what you'll need to open one, and read reviews from other depositors.

Alliance Bank savings products & rates

Alliance SavePlus Account
Tiered by balance — 0% (first RM20k) · 0.95% (RM20k–50k) · 1.55% (RM50k–200k) · 2.60% (RM200k–500k) · 2.75% p.a. above RM500k
Bonus tier
2.75%
Base 0.00% + Bonus 2.75%
Min balance
RM20
  • Up to 2.75% p.a. (tiered)
  • RM20 minimum balance
  • Free debit card
Open at Alliance Bank

Opening a Alliance Bank savings account

🪪
Identification
Your MyKad (IC) if you're Malaysian, or passport for non-residents.
💵
Minimum balance
From RM20 to open and maintain.
🏢
Where to open
At any Alliance Bank branch, or via online/mobile banking where available.

Alliance Bank savings account FAQ

Alliance Bank's highest savings account rate listed here is 2.75% p.a. on the Alliance SavePlus Account. Rates are indicative — confirm the current rate on the Alliance Bank website before opening an account.

The Alliance SavePlus Account requires a minimum balance of RM20.

Tiered by balance — 0% (first RM20k) · 0.95% (RM20k–50k) · 1.55% (RM50k–200k) · 2.60% (RM200k–500k) · 2.75% p.a. above RM500k. Without meeting the condition, you only earn the base rate of 0.00% p.a.

The Alliance Bank savings accounts listed here are conventional. Check with the bank directly for any Islamic Savings Account-i options.

Alliance Bank savings accounts can typically be opened via online/mobile banking or at a branch — check the app first as some promotions are app-exclusive.

Rates and conditions are indicative and can change — always confirm current terms with Alliance Bank before opening an account. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Alliance Bank; the bank's name and logo belong to their respective owners. Spotted an error, or need a correction or takedown? Contact Raymond at raymond@rates.my.

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