Boost Bank by Axiata and RHB (Boost Bank), a homegrown digital bank approved by Bank Negara Malaysia (BNM) and the Ministry of Finance (MOF), today announced
Boost Bank by Axiata and RHB , a homegrown digital bank approved by Bank Negara Malaysia and the Ministry of Finance , today announced the launch of its app, with a pioneering embedded onboarding journey, that is now officially open to the public.
The unique partnership between Boost and RHB Banking Group , positions Boost Bank as the first digital bank in the market to merge the technology-first mindset of a fintech with the trust and stability of a large financial institution. This synergy ensures that users enjoy the best of both worlds — innovative financial solutions delivered with the agility of a fintech, whilst providing the reassurance and reliability of a well-established banking institution.
Through these partnerships, Boost Bank will meet the financial needs of the underbanked and unbanked by providing rewards and savings on daily necessities. Users can also expect higher promotional interest rates to be announced soon, for users who transact with our launch partners.Boost has an existing and award-winning loyalty program for many years, known as the BoostUP Loyalty Programme, that has been well-received in the market.
There will also be upcoming partnership offers and additional rewards in the coming weeks with one of our launch partners, MYDIN, whereby users can potentially earn higher promotional interest rates with Partner Benefits on Boost Bank’s partners’ Savings Jars*. Funds on the Boost Bank app can be utilised to perform DuitNow transfers, including to the Boost eWallet app, where it can be used to conduct QR code payments and online transactions nationwide*.
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