To celebrate Boost’s 7th birthday, Boost Bank by Axiata and RHB (Boost Bank), a homegrown digital bank, is rewarding all Malaysians with a 5% p.a.* daily interest rate through the Boost Birthday Jar. This special offer allows customers to enjoy rewarding savings throughout October. Additionally, East Malaysians can take advantage of the same 5% p.a.* daily interest rate through Boost Bank’s partnerships with four top supermarkets and hypermarkets: Bataras Sdn. Bhd., CKS Retail Sdn. Bhd., Farley (KCH) Sdn. Bhd., and Servay Hypermarket Sdn. Bhd.
From 1st October to 31st October, simply open a Boost Bank account and deposit money into the Birthday Jar to enjoy the interest rate, and users can also earn up to 70 million Boost Stars! East Malaysians who shop at the four participating grocers can also enjoy the 5% p.a.* daily interest rate by making a minimum monthly transaction of RM50 through the Boost eWallet app. Customers will also benefit from lower prices on essential goods when they shop with RM5 cashback.
Boost Bank has also introduced its highly anticipated debit card, powered by Payments Network Malaysia (PayNet) and Mastercard, which allows users to make transactions at over 100 million locations worldwide. As part of a special promotion, customers who order the physical Boost Bank Debit Card between now and 31st December 2024 will receive RM10 cashback and enjoy zero annual fees* for the first year. The card can be conveniently ordered via the Boost Bank app under the ‘Cards’ tab and will be delivered for free.
Fozia Amanulla, CEO of Boost Bank, said: “We are excited to announce a new wave of strategic partnership promotions for our digital bank, aimed at delivering meaningful benefits tailored specifically to the people of Sabah and Sarawak. By collaborating with renowned supermarkets across East Malaysia, we’re bringing our digital banking solutions closer to where our customers need them most. Staying true to our mission of empowering the underserved, we are proud to offer an exclusive 5% p.a. daily interest rate and RM5 cashback on groceries that not only support the everyday lives of Malaysians but also encourage smarter shopping and greater savings for the rakyat. With the strong backing of PayNet’s national payments network and cutting-edge financial infrastructure—including DuitNow QR and DuitNow Online Banking—users can enjoy a seamless, secure, and convenient digital banking experience.”
Sheyantha Abeykoon, Group CEO of Boost, added: “As we celebrate our 7th birthday this year, we are thrilled to reward our users with the 5% p.a.* daily interest rate through the Boost Birthday Jar, adding even more value for users during this celebration. East Malaysia has always been a stronghold for our eWallet business, and we are delighted to extend our exclusive digital bank offerings to loyal customers through our trusted partners. With the support of our extensive partner network, we aim to bridge the offline-to-online customer experience, accelerate the adoption of digital banking among Malaysians, and better serve the unbanked and underbanked segments. Our ultimate goal is to unlock the full potential of embedded banking by seamlessly integrating technology into the everyday lives of Malaysians.”
Azrul Fakhzan Bin Mainor, Senior Director, Commercial Division of PayNet, said: “PayNet is committed to enhancing digital commerce nationwide, where key regions such as Sabah and Sarawak have significant potential for deeper digital engagement. Through this partnership with Boost Bank, we aim to empower more businesses and consumers with seamless, secure, and inclusive payment solutions. With over 2,000,000 merchants already onboarded across Malaysia, we look forward to expanding QR payment touchpoints and fostering greater financial inclusion in East Malaysia.”
To activate the RM5 cashback, users can redeem this via the respective redemption codes*:
- “BOOSTSERVAY” for Servay Hypermarket Sdn. Bhd.
- “BOOSTBATARAS” for Bataras Sdn. Bhd.
- “BOOSTCKS” for CKS Retail Sdn. Bhd.
- “BOOSTFARLEY” for Farley (KCH) Sdn. Bhd.
These efforts will also be reinforced by a series of roadshows within partnered stores across Sabah and Sarawak throughout the next few months to educate users and cultivate healthy saving habits. For more info, please visit www.myboostbank.co
