PowerSME rebates can be used to:
- Waiver of banking transaction fees and charges performed by the branch or Hong Leong ConnectBIZ
- Purchase of security tokens for e-Payments services via Hong Leong ConnectBIZ
- Reduce your business term loan interest payments
Earn rebates when you sign up and maintain a minimum average monthly balance of RM15,000.
Upgrade to e-Payment services or apply for an SME Business Term Loan to earn more rebates and reduce your loan interest payments.
|Average Monthly Balance ||Monthly Rebates (RM) by Package |
|Basic ||E-Payment ||Business Loan |
|RM 15,000 TO < RM 50,000 ||20 ||20 ||20 |
|RM 50,000 TO < RM 100,000 ||50 ||80 ||100 |
|RM 100,000 and above ||100 ||120 ||200 |
The above rebates are computed based on the current Overnight Policy Rate (OPR). The Bank reserves the right to review and revise the rebates if the OPR changes.
Rebates earned are entitled to waive a list of transaction charges:
(effective 1 October 2014)
|Average Monthly Balance ||Current Fees & Charges (RM) ||Fees & Charges (After Waiver) (RM) |
| Branch |
|Hong Leong Bank business online banking ||Branch ||Hong Leong Bank business online banking |
|Rentas ||5 ||2 ||NIL |
|IBG ||2 ||0.1 |
|e-Inquiry Monthly Subscription Fee ||30 |
|e-Payment Monthly Subscription Fee ||15 |
|Security Tokens for e-payment services ||50 ||Waived partially / fully, depending on rebates available at point of redemption |