Premium Savings
KBZ Bank introduces the Premium Savings Account, a savings solution designed for customers who maintain higher account balances and seek enhanced banking benefits together with attractive monthly interest earnings.
The Premium Savings Account enables customers to grow their savings while enjoying priority banking services and greater convenience. Designed for individuals who value both financial returns and an elevated banking experience, the account offers flexibility, accessibility, and preferential service benefits to support long-term financial goals.
Opening an Account
The Premium Savings Account can be opened by the following KBZ Premium Customers
- Individuals (aged 18 and above)
- Joint account holders (aged 18 and above)
Monthly Interest Benefits
Customers can earn monthly interest on eligible account balances while enjoying enhanced banking services. The account is designed to reward customers who maintain higher savings balances with competitive interest returns and premium banking privileges.
Deposit Details
- Minimum Initial Deposit: 100,000 MMK
- With a minimum initial deposit starting from 100,000 MMK, customers can open an account and enjoy special interest rates for balances starting from 100 million MMK. Open a Premium Savings Account today to access exclusive services and monthly interest payouts.
Customers can open a Premium Savings Account with a minimum initial deposit of MMK 100,000 and begin enjoying premium banking services together with monthly interest earnings.
Interest Calculation
Interest is calculated based on the lowest balance maintained between the close of the fifth day and the end of each calendar month, in accordance with the Bank's existing savings account regulations.
Account Accessibility & Flexibility
- Priority service access through the Queue Management System (QMS)
- Monthly interest credited to the account
- Easily migrate your Ordinary Savings Account to a Premium Savings Account through branches or via i/mBanking
- Convenient account management with flexible banking services
- Can be linked and used with an MPU Debit Card
Primary Benefits
Higher Interest Earnings
Enjoy a higher interest rate than the existing Ordinary Savings Account, helping your savings grow more effectively while maintaining convenient access to your funds.
Priority Banking Experience
Receive priority service through KBZ Bank's Queue Management System (QMS), providing a faster and more convenient banking experience at branches.
Easy Account Upgrade
Existing Premium Banking Customers can easily upgrade to a Premium Savings Account through branches or via i/mBanking.
Convenient Everyday Banking
Manage your savings effectively while enjoying special services and a seamless banking experience.
(Please contact your nearest KBZ branch for detailed documentation requirements.)