Fees and Charges
KAF Digital Bank Savings Account-i
- Account Fees & Maintenance
Items |
Details |
Minimum initial deposit (for account verification purposes only) |
RM 1 |
Minimum balance to maintain |
RM 0 |
E-statement |
Free of charge |
Hardcopy statement |
RM 10 per request
Courier fees: Peninsular Malaysia RM5.00 Sabah/Sarawak: RM12.50 |
Early account closure |
RM 20 (If closed within three (3) months of opening) |
- Dormant Account Charges
Balance Amount |
Action/Fee |
Balances of RM10 or more |
Annual service fee of RM10 until balances are exhausted or up to seven (7) years. |
Balances lower than RM10 |
Remaining credit balance deducted as service fee and account closed automatically. |
3. Transaction Limits
Your daily and monthly spending totals depend on your account tier. This aggregate limit includes all DuitNow transfers & QR payments, card payments, and withdrawals.
Account Tier |
Daily Total Limit |
Monthly Total Limit |
Basic Plus Savings Account-i |
RM 5,000 |
RM 20,000 |
Premium Savings Account-i |
RM 50,000 |
RM 200,000 |
Member of PIDM:
KAF Digital Bank Savings Account-i are protected by PIDM up to RM250,000 for each depositor.
KAF Digital Bank Debit Card-i
- Physical Debit Card-i Fees
Fees & charges associated with the issuance and usage of your physical card.
Fee Type |
Frequency |
Amount |
Annual Fee |
Yearly |
RM 12 (waived) |
New Card Issuance |
Per request |
RM 12 (waived) |
Card Replacement (Fraud/Lost/Stolen) |
Per card
|
RM 12 |
Local ATM Withdrawal (Visa Network) |
Per withdrawal |
RM 5 |
Overseas ATM Withdrawal (Visa Network) |
Per withdrawal |
RM5 (Promotional fee) |
Overseas Transaction Fee |
Per transaction |
Up to 1.20% of the total amount transacted |
Note: Foreign currency transactions are subject to Visa’s prevailing exchange rate and any additional fees charged by Visa.
2. Transaction Limits
You can adjust these settings within your app to the maximum amounts listed below or to your specific Account Tier limit, whichever is lower.
Feature |
Default Limit |
Maximum Limit |
Daily Purchase |
RM 5,000 |
RM 30,000 |
Daily ATM Withdrawal |
RM 3,000 |
RM 10,000 |
Daily Contactless |
RM 1,000
(RM250 per transaction) |
RM10,000 |
Was this article helpful?
Couldn’t Find What You Are Looking For?
Submit a question to us and we will work on it
Submit a Question