4 Junior Saving Account by Affin, Maybank, AmBank and RHB [Comparison]

Updated: December 22, 2016 / Home » Business and Invest » Banking

Nowadays, there are many banks that provide Junior Saving Account for children who are less than 18 years old.

My mother told me before; children are never too young to learn how to save their money.

As parents, you can start saving your children’s money with a high interest saving account. In fact, the Junior Saving Account’s interest is as high as Fixed Deposit account. That’s too great!

Most of the bank including Maybank, AmBank and RHB Bank is giving 2.95% – 3.00% interest rate for this type of saving account.

RHB Junior Savings

I’m preparing a table to compare Junior Saving Account by Affin Bank, May Bank, Ambank and RHB.

Deposit Range (RM)AffinBankMaybankAmBankRHB
Junior SaverYippie Savings AccountAmGenius Savings AccountJunior Savings Account
RM 1 -
RM 999
0.30%2.97%2.95%3.00%
RM 1,000 -
RM 4,999
0.70%2.97%2.95%3.00%
RM 5,000 -
RM 19,999
1.60%2.97%2.95%3.00%
RM 20,000 -
RM 49,999
2.40%2.97%2.95%3.00%
RM 50,000 -
RM 99,999
2.40%1.30%1.00%3.00%
RM 100,000 -
RM 499,999
2.65%1.30%1.00%1.25%
RM 500,000 -
RM 999,999
2.80%1.30%1.00%1.25%
RM1,000,000
and above
3.08%1.30%1.00%1.25%
SourceAffin Bank RatesMaybank RatesAmbank RatesRHB Bank Rates
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1st Update: July 2015
2nd Update: July 2016
3rd Update: Dec 2016

After I have done this research, I found some great things to share with you.

Affin Bank pays the same rates for all saving accounts including Basic Saving, Ordinary Saving, Statement saving, Affin Plus and also Junior Saver.

Affin Bank Rates

Affin Bank Interest Rates

LiangLiang writes about Saving, Blogging, and Investment, enjoys cooking and discovering everything new. Oh yes, she is a pretty and smart girl too.

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