Pay&Save Account
Everyday Essentials
Save, spend, and send smarter
Earn higher interest when you save, make online payments and spend with your debit card. Pay&Save Account, the local bank account that comes with 12 foreign currencies.
Earn higher interest on your savings
Maximize the potential of your money. Earn up to 4.15% p.a. interest on your account balance when you make Pay&Save your everyday account.
SAVE
RM2,000 in one sum monthly
2.25% p.a.
Savings Interest
Savings Interest Rate
Mechanism
Interest Rate p.a.
Deposit RM2,000 (lump sum) monthly for 3 consecutive months
2.25%
Interest is calculated daily and credited quarterly.
Interest will be paid from RM1,000 up to a maximum of RM100,000.
PAY
RM500 online monthly
0.50% p.a.
e-Xtra Interest
e-Xtra Interest Rate
Mechanism
Interest Rate p.a.
Pay cumulative of RM500 bills online every month
0.50% (RM30 maximum monthly)
Interest is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
SPEND
RM500 with debit card monthly
0.50% p.a.
Bonus Interest
Bonus Interest Rate
Mechanism
Bonus Interest p.a.
Spend cumulative of RM500 with your debit card every month
0.50% (RM30 maximum monthly)
Interest is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
INVEST
O.90% p.a.
Bonus Interest
Share Trading Bonus Interest Rate
Total Monthly Traded Amount (MTA*) (RM)
Bonus Interest Rates p.a.
Min. 1 successful trade and up to RM20,000
0.30%
Up to RM30,000
0.50%
Up to RM100,000
0.70%
Above RM100,000
0.90%
Interest is calculated monthly based on Monthly Average Deposit Balance and credited on the 1st of the following month.
Note:*
For Purchase transactions:
MTA = [Unit x Purchase Price] + Transaction Costs
For Sell transactions:
MTA = [Unit x Selling Price] - Transaction Costs
Save
2.25%
p.a.Savings Interest
Savings Interest Rate (wef 11/05/2023)
xMechanism
Interest Rate p.a.
Deposit RM2,000 (lump sum) monthly for 3 consecutive months
2.25%
Interest is calculated daily and credited quarterly.
Interest will be paid from RM1,000 up to a maximum of RM100,000.
Pay
0.50%
p.a.e-Xtra Interest
e-Xtra Interest Rate
xMechanism
Interest Rate p.a.
Pay cumulative of RM500 bills online every month
0.50%
(RM30 maximum monthly)
Interest is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
Spend
0.50%
p.a.Bonus Interest
Spend
0.50%
p.a.Bonus Interest
Spend cumulative of RM500 with your debit card every month
Learn More >Bonus Interest
xMechanism
Interest Rate p.a.
Spend cumulative of RM500 with your debit card every month
0.50%
(RM30 maximum monthly)
Interest is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
Invest
0.90%
p.a.Bonus Interest
Share Trading Bonus Interest Rate
xMechanism
Interest Rate p.a.
Min. 1 successful trade and up to RM20,000
0.30%
Up to RM30,000
0.50%
Up to RM100,000
0.70%
Above RM100,000
0.90%
Interest is calculated monthly based on Monthly Average Deposit Balance and credited on the 1st of the following month.
Note:*
For Purchase transactions: MTA = [Unit x Purchase Price] + Transaction Costs
For Sell transactions: MTA = [Unit x Selling Price] - Transaction Costs
| Overview of Monthly Interest | Interest Rate p.a. | Amount |
|---|---|---|
| Savings Interest | 1.40% | RM116.67 |
| Bonus Interest | 1.40% | RM116.67 |
| e-Xtra Interest | 1.40% | RM116.67 |
| Share Trading Bonus Interest | % | RM |
| Total (per month) | 1.40% | RM116.67 |
Disclaimer
The information shown is indicative and for illustration purpose only. Hong Leong Bank will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you may make as a result of using the calculator. Minimum account balance of RM1,000 is required in order to be eligible for Savings Interest. Savings Interest is calculated up to a maximum account balance of RM100,000, while e-Xtra Interest and Bonus Interest are capped at RM30 per month.
| Interest Rate p.a. (11/05/2023) |
Mechanics |
|
|---|---|---|
| Savings Interest Rate |
1.25% |
Deposit RM2,000 (lump sum) monthly for 3 consecutive month |
| e-Xtra Interest Rate |
0.50% (RM30 maximum monthly) |
Pay cumulative of RM500 bills online every month |
| Bonus Interest Rate |
0.50% (RM30 maximum monthly) |
Spend cumulative of RM500 with your debit card every month |
1
12
Enjoy multi-currency convenience with your Pay&Save Account.
Whatever your needs may be, convert your MYR savings to foreign currencies with just a few clicks via HLB Connect at competitive FX rates.
Benefits of Pay&Save multi-currency feature:
No need to exchange and carry cash when travelling overseas
Spend in foreign currency using your HLB Debit Card in 12 countries
Withdraw foreign currency from ATMs overseas
Send and receive foreign currencies
Receive currency exchange rate alert
Send and spend foreign currencies in 12 countries
-
Singapore Dollar (SGD)
-
Australian Dollar (AUD)
-
Japanese Yen (JPY)
-
New Zealand Dollar (NZD)
-
Saudi Arabian Riyal (SAR)
-
Euro (EUR)
-
Hong Kong Dollar (HKD)
-
Chinese Renminbi (CNH)
-
Pound Sterling (GBP)
-
US Dollar (USD)
-
Thai Baht (THB)
-
Canadian Dollar (CAD)
How to buy foreign currency with your Pay&Save Account
Click on each step to view app screen
Click on each step to view web screen
Step 1
Login to HLB Connect App and tap on Menu, then tap on Foreign Currency Deposit
Step 2
Select the currency you wish to convert and enter required amount
Step 3
Follow instructions on screen to proceed
Step 1
Login to HLB Connect App and click on Pay&Save Account/-i box
Step 2
Tap on Services
Step 3
Tap on Debit Card Settings
Step 4
Toggle right to enable the Overseas Retail Purchase
Reminder
Do be reminded that the daily limit is in MYR and you should consider the foreign currency you are spending on when updating the New Limit. You can only change limit via HLB Connect Internet Banking.
Reminder
Do be reminded that the daily limit is in MYR and you should consider the foreign currency you are spending on when updating the New Limit. You can only change limit via HLB Connect Internet Banking.
Step 1
Login to HLB Connect Internet Banking and click on Other Service from the Main Menu
Step 2
On the Debit/ATM Card module, please select Card Transaction Limit
Step 3
On Retail Purchase (Local & Overseas), please enter new Permanent Limit
Step 1
Login to HLB Connect App and click on Pay&Save Account/-i box
Step 2
Tap on Services
Step 3
Tap on Debit Card Settings
Step 4
Toggle right to enable the Overseas Withdrawal
We offer door-to-door account opening service at selected locations
Make An Appointment >Visit our nearest branch
Locate Branch >Eligibility
- 18 years old and above
- For individuals, either on single or joint-name basis
- Minimum RM50 to open the account
KINDLY BE REMINDED:
The operations, sources and uses of funds to and from the Multi-Currency Feature (“MCF”) Enabled Account shall be governed in accordance with the Investment Foreign Currency Asset (“IFCA”) under the Foreign Exchange Policy Notices ("FEP Notices") issued by Bank Negara Malaysia (“BNM”).
Terms and Conditions apply.
Member of PIDM. Protected by PIDM up to RM250,000 for each depositor.
Savings Interest Rate (wef 11/05/2023)
| Mechanism |
Interest Rate p.a. |
|---|---|
| Place RM2,000 single deposit for 3 consecutive months |
2.25% |
Interest is calculated daily and credited quarterly.
Interest will be paid from RM1,000 up to a maximum of RM100,000.
Debit Card Bonus Interest Rate
| Mechanism | Bonus Interest p.a. |
|---|---|
| Spend RM500 cumulative monthly |
0.50% (RM30 maximum monthly) |
Interest is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
e-Xtra Interest Rate
| Mechanism | Interest Rates p.a. |
|---|---|
| Pay RM500 cumulative monthly |
0.50% (RM30 maximum monthly) |
Interest is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
Share Trading Bonus Interest Rate
Total Monthly Traded Amount (MTA*) (RM) |
Bonus Interest Rates p.a. |
|---|---|
Min. 1 successful trade and up to RM20,000 |
0.30% |
Up to RM30,000 |
0.50% |
Up to RM100,000 |
0.70% |
Above RM100,000 |
0.90% |
Interest is calculated monthly based on Monthly Average Deposit Balance and credited on the 1st of the following month.
Note:* For Purchase transactions: MTA = [Unit x Purchase Price] + Transaction Costs
For Sell transactions: MTA = [Unit x Selling Price] - Transaction Costs
