“Savings Account Incremental Campaign” For Wealth Management Customer

Campaign:

“Savings Account Incremental Campaign” For Wealth Management Customer

Campaign Period:

15 May 2025 – 31 October 2025

Eligible Customer:

Open to new and existing BOCM individual Wealth Management customers aged 18 years and above (including Malaysian and non-Malaysian) (“Eligible Customer”) . Wealth Management Customer refer to individual customer who subscribe Wealth Management Services with BOCM.

Campaign Details:

1. On top of Participating Account’s prevailing Base Interest Rate, Eligible Customers who fulfil the below Requirement during the Campaign Period will be entitled for Bonus Interest Rate as stipulated in Table 1 below. 

2. If Eligible Customer does not meet the requirements as stipulated in Table 1 during the Campaign Period, the Eligible Customer will not be entitled for the Bonus Interest.

Table 1

3. “Participating Account” means MYR Normal/Basic Savings Account, MYR Wealth Management Savings Account and MYR e-Savings Account.

4. “Participating Account” can be individual account or joint accounts.

5. Bonus Interest for Participating Account will be calculated according to the formula below:

Incremental Balance (IB) x Bonus Interest Rate x Number of days in the Campaign Month 

                                                        365 days

Note

a. “Incremental balance” refers to an increase in Average Daily Balance (defined below) in relation to the Participating Account for a given month compared against the Baseline.

“Incremental balance” formula as below:

Average Daily Balance for a Campaign month – Baseline (Savings A/c Balance as at 30/4/25 or RM10,000 whichever is higher)

b. “Average Daily Balance” refers to the sum of the daily-end balances for a given month during the Campaign Period, divided by the number of days in the month. 

“Average Daily Balance “formula as below:

• Existing Account : Sum of daily end day balances in a month 

                                              Number of days in a month

• New Account : Sum of daily end day balances from the date of account opening

                                           Number of days from the date of account opening

c. “Baseline” refers to balance of Participating Account’s as at 30 April 2025. In the event where the Participating Account is opened during Campaign Period or the account balance is less than RM10,000, the Baseline will be defaulted as RM10,000.

d. “Campaign Month” refers to a calendar month within the Campaign Period, which is May, June, July, August, September and October of 2025.

6. Bonus Interest will be calculated at the end of each Campaign Month, subject to minimum Participating Account’s Incremental Balance of RM10,000 in Campaign Period, and the Bonus Interest will be credited into the active Participating Account within sixty (60) calendar days from the end of each Campaign Month or on such other date as determined by BOCM.

7. No Bonus Interest will be paid to Participating Account if the Monthly Incremental Balance of Participating Account is less than RM10,000.

8. In the event that the Participating Account is dormant, closed or suspended before the crediting of Bonus Interest, no Bonus Interest shall be paid to the Eligible Customer and any request or demand for the same shall not be entertained by BOCM.

9. No campaign entry form or registration of participation is required to participate in the Campaign.

Savings Account is protected by PIDM up to RM250,000 for each depositor

Member of PIDM

The Campaign is available at all BOCM branches in Malaysia and Bank of China Mobile Banking. For detailed “Savings Account Incremental Campaign” for Wealth Management Customer Terms and Conditions, please click here