Ryt Bank is Malaysia’s latest digital bank and it is set to launch on 26th August 2025. Ahead of its official rollout, Ryt Bank has revealed several rewards for its early access customers.

This includes bonus interest, unlimited cashback for the card and extra rewards when you use Ryt AI.

Ryt Bank offers 4% p.a. interest for Save Pockets

To recap, Ryt currently offers 3% p.a. base interest rate for its Savings Account but they are also offering 4.00% p.a. for its Save Pockets. However, take note that the extra 1% p.a. bonus interest is only applicable on the first RM20,000 saved across Save Pockets.

Money deposited in Save Pockets also earn interest daily and you are flexible to move money at anytime as there’s no lock-in. The bonus interest campaign will run from 18th August until 30th November 2025.

Unlimited 1.2% cashback for overseas spending

In addition, Ryt Bank is also offering 1.2% cashback for every in-store spending overseas using your Ryt Bank Debit Card. According to the FAQ, the cashback will be automatically credited into your Ryt Pocket (Ryt Bank Save Pocket) and the crediting of the cashback may take up to 14 working days from the date of eligible foreign transaction settlement.

According to Ryt Bank’s Product Disclosure Sheet, they are currently waiving the 2% Foreign Transaction fees until 30th November 2025. The Ryt Bank Debit Card can also be used to withdraw cash from overseas ATM but there’s a RM12 fee per withdrawal.

Once you’ve signed up for Ryt Bank, you can request the physical Debit card for free as Ryt Bank is waiving the card issuance fee. While waiting for the card to arrive, you can start spending using the provided virtual debit card from the app.

Up to RM5 reward when you use Ryt AI to pay

One of Ryt Bank’s biggest features is Ryt AI, a digital AI chatbot assistant that can help prepare transactions for you. As part of their promo, Ryt Bank is offering up to RM5 reward if you use Ryt AI.

Just use Ryt AI to transfer or pay a minimum of RM10 to get RM1 reward. Each Ryt Bank user can complete this up to 5 times to earn their RM5 reward.

According to Ryt Bank, JomPAY bill payment support is coming soon. With this feature, you can snap a photo of your bill using Ryt AI and the chatbot can help to prepare the bill payment transaction for you including the biller info and bill payment account.

Besides these offers, Ryt Bank cardholders can also enjoy 20% off for dine-in bill at selected YTL Hotels’ restaurants and The Starhill Dining.