Pay&Save Account-i
for Sole Proprietor
HLISB is here to provide you the right support for your sole proprietorship business. We make banking simpler for you so that you can focus on growing your business.
Earn higher profit on your savings
Pay&Save Account-i is the ideal account that provides you with the flexibility to access your funds anytime, while you earn higher profit of up to 2.25% p.a.
SAVE
when you SAVE a lump sum of RM2,000 monthly (for 3 consecutive months)
1.25% p.a.
Savings Profit
Savings Profit Rate (wef 11/05/2023)
Mechanism
Profit Rate p.a.
Deposit RM2,000 (lump sum) monthly for 3 consecutive months
1.25%
Profit is calculated daily and credited quarterly.
Profit will be paid from RM10,000 up to a maximum of RM100,000.
PAY
when you PAY cumulative of RM500 bills online monthly
0.50% p.a.
e-Xtra Profit
e-Xtra Profit Rate
Mechanism
Profit Rate p.a.
Pay cumulative of RM500 bills online every month
0.50% (RM30 maximum monthly)
Profit is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
SPEND
when you SPEND cumulative of RM500 with your debit card-i monthly
0.50% p.a.
Bonus Profit
Debit Card-i Bonus Profit Rate
Mechanism
Bonus Profit p.a.
Spend cumulative of RM500 with your debit card-i every month
0.50% (RM30 maximum monthly)
Profit is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
Save
1.25
%
p.a.
p.a.
Savings Profit
when you SAVE a lump sum of RM2,000 monthly (for 3 consecutive months)
Save
1.25
%
p.a.
p.a.
Savings Profit
when you SAVE a lump sum of RM2,000 monthly (for 3 consecutive months)
Learn More >Savings Profit Rate (wef 11/05/2023)
xMechanism
Profit Rate p.a.
Deposit RM2,000 (lump sum) monthly for 3 consecutive months
1.25%
Profit is calculated daily and credited quarterly.
Profit will be paid from RM10,000 up to a maximum of RM100,000.
Pay
0.50
%
p.a.
p.a.
e-Xtra Profit
when you PAY cumulative of RM500 bills online monthly
e-Xtra Profit Rate
xMechanism
Profit Rate p.a.
Pay cumulative of RM500 bills online every month
0.50%
(RM30 maximum monthly)
Profit is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
Spend
0.50
%
p.a.
p.a.
Bonus Profit
when you SPEND cumulative of RM500 with your debit card-i monthly
Spend
0.50
%
p.a.
p.a.
Bonus Profit
when you SPEND cumulative of RM500 with your debit card-i monthly
Learn More >Debit Card-i Bonus Profit Rate
xMechanism
Profit Rate p.a.
Spend cumulative of RM500 with your debit card-i every month
0.50%
(RM30 maximum monthly)
Profit is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
| Overview of Monthly Profit | Profit Rate | Amount |
|---|---|---|
| Savings Profit | 1.40% | RM116.67 |
| Bonus Profit | 1.40% | RM116.67 |
| e-Xtra Profit | 1.40% | RM116.67 |
| 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 RM10,000 is required in order to be eligible for Savings Profit. Savings Profit is calculated up to a maximum account balance of RM100,000, while e-Xtra Profit and Bonus Profit are capped at RM30 per month.
Boost your business further with these additional solutions
Simplified banking experience for your business needs on HLB Connect
Stay on top of your business anytime, anywhere with HLB Connect
View your business and personal accounts at one place
View and download or print statements on daily or monthly basis
Assign a helping hand to assist on your daily operations
Cashless payment solutions with HLB BizBuddy
Give your customers the flexibility and convenience to pay using QR codes
Enjoy Zero fee until December 2023
Real-time payment notifications, perform refund and more.
We offer door-to-door account opening service at selected locations
Make An Appointment >Visit our nearest branch
Locate Branch >Terms and conditions apply.
Features & Benefits
Eligibility
- Sole Proprietor
More details
Less details
Monthly e-Statement
- Keep track of your finances with monthly e-statement that is accessible 24/7 via HLB Connect
More details
Less details
Low Initial deposit
- Minimum RM50 to open an account
More details
Less details
Debit Card-i
- No debit card-i issuance fee
More details
Less details
Earn higher profit
- Profit payable from RM10,000 to RM100,000
More details
Less details
Terms and Conditions apply.
Member of PIDM. Protected by PIDM up to RM250,000 for each depositor.
Savings Profit Rate (wef 11/05/2023)
| Mechanism |
Profit Rate p.a. |
|---|---|
| Place RM2,000 single deposit for 3 consecutive months |
1.25% |
Profit is calculated daily and credited quarterly.
Profit will be paid from RM10,000 up to a maximum of RM100,000.
Debit Card-i Bonus Profit Rate (wef 25/04/2023)
| Mechanism | Bonus Profit p.a. |
|---|---|
| Spend RM500 cumulative monthly |
0.50% (RM30 maximum monthly) |
Profit is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
e-Xtra Profit Rate (wef 25/04/2023)
| Mechanism | Profit Rates p.a. |
|---|---|
| Pay RM500 cumulative monthly |
0.50% (RM30 maximum monthly) |
Profit is calculated monthly based on Monthly Average Balance and credited on the 1st of the following month.
