lifestyle

HLB Wallet Is Giving New Users 4.7% P.A. Interest For A Limited Time. Here Are The Deets

You can earn daily interest up to a maximum of RM70,000 per wallet!

Cover image via Lifestylememory/Freepik & pressfoto/Freepik

Follow us on InstagramTikTok, and WhatsApp for the latest stories and breaking news.

This Spotlight is sponsored by Hong Leong Bank.

If you're a young working adult in Malaysia, regularly saving money can be a challenge

Aside from the need to spend on daily necessities, you've also got peer pressure and the urge to splurge on luxuries every once in a while.

To round it all up, the incentive to save isn't exactly helped by uninspiring interest rates that don’t promise worthwhile increases on the funds you've put aside — imagine putting aside hundreds of ringgit every month, but only seeing it grow by a few ringgit every time you check your balance.

If these seem relevant to you, Hong Leong Bank is now offering a way to boost your savings when you sign up for HLB Wallet

Image via Hong Leong Bank

In case you didn't know, HLB Wallet is Hong Leong Bank's very own e-wallet within the HLB Connect app that boasts premium features such as support for various major international currencies, attractive cashback deals, and security measures to ensure your funds are always safe. 

For a limited time only, HLB Wallet by Hong Leong Bank is offering an eye-catching 4.70% per annum welcome bonus savings rate for new applicants who don't yet have a Hong Leong Bank current or savings account.

This special interest will be earned daily from 10 June to 7 July 2024 if the wallet holds a minimum balance of RM4,700 at the end of each day. The earned interest will then be paid out on 31 July, up to a maximum of RM70,000 per wallet, woah!

Getting in on the deal is simple, all you need to do is apply for a HLB Wallet account within the Apply@HLB app between now and 30 June 2024

Image via freepik

Once signed up, you'll be able to enjoy the special interest rate until 7 July and also take advantage of a bunch of other perks.

Here's a look at some of the upsides:

- You can earn instant cashback on your expenditures up to RM10 each month when you transfer funds, make QR payments, or pay your bills.
- If you travel frequently, the HLB Wallet also supports 12 major international currencies for hassle-free foreign conversions and spending.
- You'll get a Hong Leong Visa Debit Card that is recognised globally.
- For peace of mind, funds within the HLB Wallet are protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to RM250,000 per depositor, which is a huge benefit amid the high number of fraud cases.
- You also have an option to apply for HLB Wallet-i from Hong Leong Islamic Bank.

Ready to start enjoying all the perks of the HLB Wallet? You can sign up here and start earning 4.70% per annum interest rates!

Hong Leong Bank & Hong Leong Islamic Bank are members of PIDM. Protected by PIDM up to RM250,000 for each depositor.


Want to read more about #finance? Check out these stories:

Got some cool brand news to share?

Image via SAYS

Take a look at all our Spotlight stories to date here.



Catch up on the latest brand buzz in Malaysia: