Boost Bank review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Boost Bank is a Malaysian digital bank whose easy-access savings account pays 2.5% on a variable rate, with a monthly fee of MYR 0. It suits savers who want daily interest, no lock-in period and a Mastercard debit card with no monthly account charge.
Key facts
Savings
Credit cards
- Rewards type
- Points↗
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- Headline rate of 2.5% on an easy-access account, priced on a variable rate so it can move with market rates
- No lock-in period and interest credited daily, so money stays accessible while it earns
- Monthly fee of MYR 0 on an account with no monthly charge, and a minimum deposit of MYR 1
- Debit card on the Mastercard network, with points as the rewards type
Cons
- Support runs on help centre only, so the help centre is the route for any question about the account or card
- A variable rate type (variable) means the headline figure can move with market rates rather than holding for a known term
- Easy access (easy access) puts reachability ahead of a term commitment, which suits less well for money that could stay put
Who it suits
- Savers in Malaysia who want daily interest on money they can still reach
- Anyone comparing easy-access accounts against a site median rate of 3%
- Customers who want a Mastercard debit card alongside a savings balance
Who should look elsewhere
- People wanting a fixed rate that holds for a known term
- Savers who need advice or phone support beyond the listed help centre
- Anyone outside Malaysia, since the bank is based in Malaysia
The company behind it
Boost Bank Berhad is the legal entity behind the brand, headquartered in Malaysia. It was founded in 2024, so it is a young operation rather than a long-established building society. Support runs on help centre, meaning a help centre is the listed channel for questions about the account or the card.
How Boost Bank compares
8.5 vs 9.4
8.5 vs 9.0
8.5 vs 8.9
8.5 vs 9.4
8.5 vs 8.7
8.5 vs 9.2
8.5 vs 9.4
8.5 vs 8.7
8.5 vs 9.3
8.5 vs 8.9
8.5 vs 8.6
8.5 vs 9.2
8.5 vs 8.4
8.5 vs 8.5
8.5 vs 8.8
8.5 vs 9.0
8.5 vs 8.6
8.5 vs 8.3
8.5 vs 9.5
8.5 vs 9.4
8.5 vs 9.4
8.5 vs 9.3
8.5 vs 9.3
8.5 vs 9.3
8.5 vs 9.3
8.5 vs 9.2
8.5 vs 9.2
8.5 vs 9.2
8.5 vs 9.1
8.5 vs 9.1
8.5 vs 9.1
8.5 vs 9.1
8.5 vs 9.0
8.5 vs 9.0
8.5 vs 9.0
8.5 vs 8.9
8.5 vs 8.8
8.5 vs 8.7
8.5 vs 8.5
8.5 vs 8.4
8.5 vs 8.0- 8.5 vs 8.0
Where Boost Bank is available
- Available
- Malaysia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What rate does Boost Bank pay on savings?+
The easy-access savings account pays a headline rate of 2.5%. The rate type is variable, so the figure can rise or fall with market rates rather than being locked for a fixed period, and the minimum deposit is MYR 1.
Is there a monthly fee on the account?+
The monthly fee is MYR 0 on an account modelled with no monthly charge. That means the savings balance and the linked debit card carry no recurring account cost, though other charges can still apply on the card side.
How much do I need to deposit to open the account?+
The minimum deposit is MYR 1, which is a low starting point compared with a site median of €0.88. The account can be opened at that level and the balance built up from there while interest is credited daily.
Can I withdraw my money at any time?+
There is no lock-in period, so the balance stays accessible throughout. Interest is credited daily, which suits savers who may need part of the money without giving up access to the rest of the balance.
What kind of card comes with the account?+
The card is a debit card on the Mastercard network, so it draws directly on the account balance. The rewards type is points, which is a points scheme rather than cashback on everyday spending.
How is the account classed?+
It is an easy-access account, listed with an account kind of easy access. Easy-access accounts make up 75.2% of the accounts on the site, so it sits with the most common model among the products listed.
How do I get help with my account?+
Support runs on help centre, and the listed channel is a help centre, so questions about balances, the card or the interest are handled through self-service resources. Anyone preferring a phone line or live chat would need a different provider.
Where is Boost Bank based?+
Boost Bank is headquartered in Malaysia, and its legal entity is Boost Bank Berhad. The bank was founded in 2024, which makes it a recent operation, and questions are handled through the support channels listed for the brand.
Sources
- myboostbank.co checked September 26, 2026
Backs: Headquarters, Support channels
“A Malaysian homegrown Digital Bank”
- myboostbank.co/about-boost-bank checked September 26, 2026
Backs: Founded, Legal entity
“has received regulatory approval from Bank Negara Malaysia (BNM) and Ministry of Finance (MOF) to commence operations on 15 January 2024”
- myboostbank.co/debit-card checked September 26, 2026
Backs: Card type, Card network, Rewards type
“Boost Bank Debit Card”
- myboostbank.co/savings checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Pricing model, Monthly fee, Rate type
“No lock-in period ... interest earned is computed daily ... and paid out daily”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Boost Bank
Saving in ringgit without a lock-in and wanting daily interest on an easy-access balance.