Digital bank · Savings & debit
Ryt Bank Malaysia
Save in ringgit. Pay with Ryt Card.
Earn daily interest on MYR savings. See how Save Pockets earn bonus interest, what Visa debit spending costs overseas and how to open an account.
Malaysia · Malaysian citizens · 18+
- Best for
- Daily MYR interest, Save Pockets & Visa debit
- Cost to know
- RM12 physical card issuance · No annual fee
Base interest and Save Pocket bonus
- 2.05% p.a. base rate
- Applies to the main savings account and Save Pockets. Interest is credited daily.
- Up to 4.00% p.a. with bonus
- An extra 1.95% p.a. applies to the first RM20,000 across all Save Pockets during the campaign. The published campaign ends 1 February 2027 and has an overall payout cap.
- How to qualify
- Earn five stamps through qualifying Ryt Card or JomPAY transactions of at least RM10 each, at most one stamp per day. The bonus runs for 30 days after qualifying.
Visa debit fees & payments
- Physical card
- RM12 to issue or replace. No annual fee.
- Foreign-currency spending
- Ryt charges 2% on foreign-currency transactions. Visa converts the purchase into MYR at its exchange rate.
- ATM withdrawals
- Domestic MEPS withdrawals are fee-waived. Overseas withdrawals cost RM12 each from Ryt. The ATM operator may charge separately.
- Mobile payments
- The Ryt Card supports Apple Pay and Google Pay. The account also supports DuitNow transfers and QR payments.
Opening a Ryt Bank account
- Who can apply
- Malaysian citizens aged 18 or over with MyKad or MyTentera and an account at another Malaysian bank.
- Account verification
- The bank lists a RM1 minimum for credit transfer verification. There is no ongoing minimum balance.
Deposit protection
Eligible savings and Save Pocket balances are protected by PIDM up to RM250,000 in aggregate per depositor.
A few useful answers
Where does Ryt Card deduct payments from?
In debit mode, purchases draw from your savings account. If you separately qualify for Ryt Credit and select it as the funding source, its repayment terms apply.
Product terms & references
Savings account & Save Pockets ↗Bonus interest campaign ↗Ryt Card & Google Pay ↗Apple Pay & digital card artwork ↗Fees and limits ↗Specific terms ↗Savings account eligibility ↗
Checked 5 November 2026 · Provider pricing can change. Confirm the quote in the app before paying.