Boost Bank review
Updated October 14, 2026 · VaultCue Editorial Team · Facts checked October 14, 2026
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Our verdict
Boost Bank is a Malaysian digital savings account with Savings Jars that can be created, managed and automated, up to eight per account. The service also supports linking a DuitNow ID using supported identifiers such as a mobile number or NRIC.
Key facts
- Best for
- Up to eight Savings Jars per account
- Monthly fee
- MYR 0↗
- Currencies
- 1↗
- Free ATM withdrawals
- MYR 0↗
- Transfer fee
- DuitNow transfers RM0↗
- Legal entity
- Boost Bank Berhad (Registration No. 202301007223 (1501144-T))↗
- Headquarters
- Malaysia↗
- Founded
- 2024↗
- Support channels
- Email, Phone, Help-centre↗
- Audience
- Business
- Pricing model
- No monthly fee
- Features
- Free ATM withdrawals, Digital-only
- Official website
- myboostbank.co
Savings
- Headline rate
- 2.5%↗
- Rate type
- Variable↗
- Minimum deposit
- MYR 1↗
- Access terms
- No lock-in period, interest credited daily↗
- Account kind
- Easy access↗
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
Pros
Pros
- An account can create, manage and automate up to eight Jars.
- DuitNow ID linking can use a mobile number or NRIC among supported identifiers.
Who it suits
- Savers who want separate Jars and DuitNow ID linking options.
How Boost Bank compares
8.6 vs 8.7
8.6 vs 8.6
8.6 vs 8.0
8.6 vs 8.9
8.6 vs 9.1
8.6 vs 9.2
8.6 vs 8.7
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8.6 vs 9.0
8.6 vs 8.7
8.6 vs 9.5
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8.6 vs 9.3
8.6 vs 9.2
8.6 vs 9.2
8.6 vs 9.2
8.6 vs 9.2
8.6 vs 9.2
8.6 vs 9.2
8.6 vs 9.1
8.6 vs 9.0
8.6 vs 9.0
8.6 vs 8.9
8.6 vs 8.9- 8.6 vs 8.9
8.6 vs 8.7
8.6 vs 8.5
8.6 vs 8.5
8.6 vs 8.5
8.6 vs 8.4
8.6 vs 8.3
8.6 vs 8.2
8.6 vs 8.1- 8.6 vs 8.1
8.6 vs 8.0
8.6 vs 8.0
8.6 vs 8.0
8.6 vs 9.1
Where Boost Bank is available
- Available
- Malaysia
- Licence in Malaysia
- Bank Negara Malaysia, checked September 26, 2026
- Licence in Malaysia
- Perbadanan Insurans Deposit Malaysia (PIDM), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Does Boost Bank charge a monthly fee?+
The monthly fee at Boost Bank is MYR 0. (Source, checked September 26, 2026)
Which company operates Boost Bank?+
Boost Bank is operated by Boost Bank Berhad (Registration No. 202301007223 (1501144-T)). (Source, checked September 26, 2026)
Where is Boost Bank based?+
Boost Bank is based in Malaysia. (Source, checked September 26, 2026)
When was Boost Bank founded?+
Boost Bank was founded in 2024. (Source, checked September 26, 2026)
How can I contact Boost Bank support?+
Boost Bank offers support through Email, Phone, Help-centre. (Source, checked September 26, 2026)
Sources
- myboostbank.co/about-boost-bank checked September 26, 2026
Backs: Founded, Support channels, Licences
“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: Free ATM withdrawals, Features
“Withdraw cash conveniently at any MEPS with interbank ATM withdrawal fees waived nationwide and Mastercard network worldwide”
- myboostbank.co/savings checked September 26, 2026
Backs: Access terms, Account kind, Audience, Headline rate, Minimum deposit, Pricing model, Rate type
“No lock-in period ... interest earned is computed daily ... and paid out daily”
- myboostbank.co/terms-and-conditions checked September 26, 2026
Backs: Currencies, Headquarters, Legal entity, Monthly fee, Transfer fee
“All payments will and must be made in Malaysia and transacted in Ringgit (RM)”
Compiled from 4 source pages, checked October 14, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection, Currency conversion fee.