KAF Digital Bank Premium Savings Account-i
Are you ready to elevate your banking experience with KAF Digital Bank (KAF DB)? By upgrading from your current Basic Savings Account-i to our Premium Savings Account-i, you gain access to a host of exclusive features and benefits designed to cater to your financial needs.
Why Upgrade to Premium Savings Account-i?
The Premium Savings Account-i offers you increased financial flexibility and convenience with a higher monthly spending limit and a wider range of services. Here’s what you need to know to make the switch.
Required Documents for Upgrade
To upgrade your account, you will need to provide proof of your current occupation. Any of the following documents are acceptable:
- Payslip.
- Remuneration Statement for Private Employees / EA Form (employment income summary).
- Monthly Commission Statement.
- Employee Provident Fund (EPF) Statement.
- Latest 3 Months Bank Statement.
These documents help us verify your employment status and ensure you meet the eligibility criteria for the Premium Savings Account-i.
Account Features and Limits
Upon upgrading, you will enjoy:
- Monthly Spending Limit: RM50,000
- Transaction Limits: No cap or restriction on per transaction and your daily transaction limits is within the RM50,000 monthly spending limit.
- Physical and Virtual Debit Card: Gain the convenience of both physical and virtual debit cards for all your transactions.
Exclusive Services
With the Premium Savings Account-i, you can perform the following services:
- Intrabank Transfers: Transfers between KAF Digital Bank accounts (both outgoing and incoming).
- DuitNow Bank Transfers: Transfers using the DuitNow system (both outgoing and incoming).
- DuitNow QR Peer-to-Peer Transfers: QR code payments (both outgoing and incoming).
- DuitNow QR for Merchant Payments: QR code payments to merchants (outgoing only).
- DuitNow ID Transfers: Transfers using DuitNow ID (both outgoing and incoming).
- VISA Card Transactions: Card-not-present transactions such as online shopping and online overseas transactions, and card-present transactions such as physical payment through POS terminal and swipe/tap card (both outgoing and incoming).
Eligibility Criteria
To be eligible for the Premium Savings Account-i, you must:
- Be a Malaysian Citizen: This account is exclusively available to Malaysians.
- Be at Least 18 Years Old: Applicants must meet the minimum age requirement.
- Apply Through the App: All applications must be submitted via the KAF Digital Bank mobile app.
- Transact in Ringgit Malaysia: The account operates in Ringgit Malaysia (RM).
- Maintain No Minimum Balance: There is no requirement to maintain a minimum balance; you can even have a balance as low as RM0.
- Enjoy Deposit Insurance: Your deposits are insured by Perbadanan Insurans Deposit Malaysia (PIDM), ensuring your funds are protected.
Upgrade Today
Upgrading to the Premium Savings Account-i is a simple process that opens up a world of enhanced banking features and services.
Prepare your documents, submit your application through the KAF Digital Bank app, and enjoy the benefits of premium banking. Upgrade today and take control of your financial journey!
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