SeaBank Indonesia review

The account carries a monthly fee of IDR 0, in line with the site median, €0. Transfers are free within a monthly allowance, and the transfer fee is set at IDR 0, so there is little to pay for everyday use.

Interest is calculated and paid every day rather than at the end of a cycle. The account is easy-access, so money stays reachable while it earns, and the rate is variable at 3.5%. The savings account median, 3.08%, is close by.

Withdrawals can go to a bank account, as cash pickup or to a wallet: bank, cash pickup and wallet. The account kind is easy access, so the balance is meant to stay available rather than be tied up, and the interest is calculated and paid daily on it.

The stated audience is business and student customers: business and student. The provider is PT Bank Seabank Indonesia, with the home country listed as ID, so the fit is strongest for people banking locally.

Support runs through a help centre alone, so questions are handled in writing rather than by phone or live chat. Anyone who needs to speak to someone should weigh a provider with more listed channels, since a help centre is the only channel here.

The headline rate of 3.5% sits close to the savings account median, 3.08%, and above the site median, 3%. On rate alone it ranks 184 of 473 compared brands, so the reason to hold it is the monthly fee of IDR 0.

The overall score is 5.4 out of ten, split into 5.3 on cost and 5.6 on offer. The offer part edges ahead, which fits an account that is easy-access with daily interest rather than one chasing a high headline rate.