4 days ago
- Business
- Malaysian Reserve
MBSB Bank's 'WorksForMe' makes banking rewarding without the fine print
by TMR
MBSB Bank has unveiled 'WorksForMe', a new payroll proposition designed to make saving and building wealth as seamless and rewarding as possible.
With this, customers can enjoy the benefits of banking with MBSB Bank without having to meet complicated conditions.
Targeted at Malaysia's growing base of salaried employees, freelancers and gig workers, WorksForMe is built for individuals who want a bank that simplifies making sound financial decisions.
MBSB Bank's Group Consumer Banking head of liabilities and proposition Soo Bee Teong said as people are becoming more financially knowledgeable, they need tools that align with their lifestyle and financial goals
'With WorksForMe, we have made it easy. You get access to a wide range of rewards, benefits, and flexibility just by crediting your income into your MBSB Bank account.
'No excessive conditions. No complexity. Just good value,' she said in a statement.
WorksForMe customers enjoy:
• Fee-free ATM withdrawals at all MEPS ATMs nationwide.
• Enjoy exclusive benefits when they open a new account with MBSB Bank, from no initial deposit requirements to attractive profit rates. There are more rewards for joint accounts with their children.
• Enjoy competitive rates on Personal, Home, and Auto Financing offerings.
• Unit Trust investments at only 1.0% sales charge through a trusted fund aggregator, giving customers access to high-quality funds with low barriers.
By integrating behavioural insights, WorksForMe supports financially literate customers in overcoming the common trap of present bias. It brings them toward smarter, long-term decisions while giving them control and flexibility.
MBSB Bank group chief consumer banking officer Usman Ghouse said the bank believes in making savings and wealth-building frictionless.
'WorksForMe is how we honour that promise by ensuring that every Ringgit you save, spend, or invest with MBSB Bank adds up to a stronger financial future,' he said.
WorksForMe is now available at all MBSB Bank branches nationwide.