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Home Banking

Shortcut For Boost’s Digital Bank Appears In Its Main App

Still no word on when the bank will be publicly accessible.

by Heirul Kamel
May 12, 2024
Boost Bank Shortcut App
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A new shortcut for Boost Bank, the digital bank by Axiata and RHB Bank, has appeared in the main Boost app. In addition to having a separate application for the former, this addition will provide users with immediate access to it via the service’s e-wallet platform.

Tapping on the shortcut will only lead to a special page that allows users to register their interest in trying Boost Bank. For now, it is unclear whether the shortcut will later launch the digital bank’s own app separately, or have some kind of integration within the e-wallet itself.

Boost Bank Shortcut App

Unfortunately, it is not yet known when Boost Bank will be publicly available. But based on the addition of the cross-service shortcut, it is very likely that an official launch could potentially happen in the very near future.

For those who’ve missed it, the Axiata and RHB Bank operated digital bank received the approval to operate by Bank Negara Malaysia (BNM) earlier this year. It then began operating in an alpha-testing phase on 15 January 2024, with access limited to a small number of users – mainly employees, friends, family, and a selected group of customers. 

boost bank
Image: Boost

Features to look forward to include typical offerings such as opening a savings account, as well as the option to invest your money into the goal-based Savings Jar function. Boost Bank also teased a debit card, which will come with perks and rewards for spending.

(Source: Amanz)

Filed Under Appboostboost bankdigital bankshortcut
Updated 9:53 am, Mon, 13 May 24
https://lowy.at/YpuXP
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