TERMS AND CONDITIONS FOR BOOST BANK’S PROMOTIONAL INTEREST RATES: FROM 3.00% UP TO 20.00 % P.A. FOR BID AT BOOST CAMPAIGN 

Introduction

1. This Campaign is held by Boost Bank. By participating in this Campaign, the Customer hereby agrees to be bound by this Campaign T&C, which shall form an integral part of and to be read together with Boost Bank’s Personal Banking Terms and Conditions.

2. In the event of a conflict or inconsistency between this Campaign T&C and the Boost Bank’s Personal Banking Terms and Conditions, this Campaign T&C shall prevail.

Campaign Period

3. This Campaign runs from 5 August 2026 until 6 January 2027, being the Winner Announcement Date of the final Bidding Around conducted under this Campaign, unless otherwise extended or terminated by Boost Bank (“Campaign Period”).

For the avoidance of doubt, any Boosted Interest Period applicable to a Winner may continue after the expiry of the Campaign Period. In respect of the final Bidding Around, the Boosted Interest Period shall run from 6 January 2027 until 2 February 2027.

4. This Campaign is conducted in multiple rounds. Each round consists of (a) a Deposit Period, (b) a Bidding Round, and (c) a Winner Announcement Date, as communicated in the Boost Bank Mobile Application or Boost Bank’s website at www.myboostbank.co. 

Eligibility

5. This Campaign shall be applicable to all account holders who (a) open and maintain Digital Savings Account with Boost Bank and (b) fulfil all requirements set out in this Campaign (“Customers”).

Definition

6. Words and expressions used in this Campaign T&C shall, unless otherwise defined in this Campaign T&C, have the same meanings as those ascribed to them in the Boost Bank’s Personal Banking Terms and Conditions. For the purposes of this Campaign T&C:

(a) "Bidding Jar" means the special savings jar created by Boost Bank for the purpose of participating in a Bidding Round, into which a Customer deposits funds as an entry for that Bidding Round.

(b) "Bidding Round" means the period commencing immediately after the expiry of the relevant Deposit Period and ending at 11:59 p.m. (MYT) on the following Tuesday, during which the deposited amount must remain in the Bidding Jar for the Customer to remain eligible for winner selection.

(c) “Boost Bank” means Boost Bank Berhad (Company Registration No. 202301007223 (1501144-T));

(d) "Boosted Jar" means the special savings jar created for a Winner carrying an interest rate from fifteen percent (15.00%) per annum and up to twenty percent (20.00%) per annum (the applicable rate for each Bidding Round shall be communicated by Boost Bank before commencement of that round) subject to this Campaign T&C;

(e) "Boosted Interest Period" means the period of four (4) calendar weeks commencing from the time the Winner is notified via push notification on the Winner Announcement Date and may continue after the expiry of the Campaign Period;

(f) “Campaign” means the Boost Bank’s Bid at Boost promotional campaign conducted during the Campaign Period in accordance with this Campaign T&C;

(g) “Campaign Period” has the meaning ascribed to it under Clause 3;

(h) “Campaign T&C” means these terms and conditions;

(i) “Customer” has the meaning ascribed to it under Clause 5;

(j) “Deposit Period” means every Wednesday from 8:00 pm until 12:00 am (MYT) during which the Customers may deposit funds into the Bidding Jar;

(k) “Unique Deposit Amount” means a deposit amount submitted by only one (1) Customer in a Bidding Round;

(l) “Winner” means a Customer who is selected as a winner of a Bidding Round in accordance with this Campaign T&C; and

(m) “Winner Announcement Date” means the date on which Winners are notified via push notification through the Boost Bank Mobile Application, being no later than 11:59 am (MYT) on Wednesday immediately following the relevant Bidding Round.

7. The principles of interpretation set out in the Boost Bank’s Personal Banking Terms and Conditions shall apply to this Campaign T&C as if set out in full herein, and shall accordingly govern the construction of this Campaign T&C.

Important Notice: 

8. By participating in this Campaign, the Customer hereby acknowledge and agree to:

(a) the terms of Boost Bank’s Privacy Notice and the Customer consents to the collection, use and disclosure of the Customer’s personal information: (i) for the purposes of this Campaign; and/or (ii) in accordance with Boost Bank’s Privacy Notice (available at https://myboostbank.co/privacy-notice, as may be updated from time to time); 

(b) Boost Bank’s Personal Banking Terms and Conditions (available at https://myboostbank.co/terms-and-conditions, as may be updated from time to time); and

(c) access Boost Bank’s website on a regular basis to view all relevant terms and conditions (including any related notices). The Customer must seek clarification from Boost Bank’s authorised representatives if the Customer does not understand any of these. 

Campaign Mechanics

Bidding Jar

9. A special saving jar known as Bidding Jar will be automatically created and made available under the “Special Jar” tab in the Boost Bank Mobile Application during the Campaign Period.

10. The Bidding Jar offers a base interest rate of three percent (3.00%) per annum, calculated daily based on the end-of-day balance and credited daily.

11. The Bidding Jar must maintain a minimum amount of Ringgit Malaysia One Thousand (RM1,000.00) and may hold a maximum amount of Ringgit Malaysia Ten Thousand (RM10,000.00).

12. For each Bidding Round, Boost Bank shall automatically create a Bidding Jar for eligible Customers. The Bidding Jar shall remain active throughout the relevant Bidding Round and shall automatically closed after the relevant Winner Announcement Date. A new Bidding Jar shall be automatically created for the next Bidding Round, subject to the Customer remaining eligible to participate in this Campaign.

13. During each Deposit Period, a Customer must deposit a single amount between Ringgit Malaysia One Thousand (RM1,000.00) and Ringgit Malaysia Ten Thousand (RM10,000.00) into the Customer’s Bidding Jar. Such deposited amount shall constitute the Customer’s entry for the relevant Bidding Round.

14. The deposited amount must remain in the Bidding Jar from 12:00 am on Thursday until 11:59 pm on the following Tuesday in order for the Customer to remain eligible for winner selection.

15. If a Customer withdraw all or part of the deposited amount before the expiry of the relevant Bidding Round, the Customer shall be disqualified from that Bidding Round.

Winner Determination

16. At the end of each Bidding Round, Boost Bank shall determine the Winners based on system-generated records.

17. Where two (2) or more Customers deposit the same amount during a Bidding Round, such amount shall not be regarded as a Unique Deposit Amount and all Customers who deposited such amount shall not be eligible to win for the Bidding Round.

18. From the remaining entries with Unique Deposit Amounts only, the Winner shall be determined based on the highest deposit amounts.

19. Five (5) Customers who submitted the highest Unique Deposit Amounts during the relevant Bidding Round shall be selected as Winners.

20. If fewer than five (5) Unique Deposit Amounts are available in any Bidding Round, Boost Bank may select fewer than five (5) Winners for that Bidding Round.

21. Boost Bank’s system records and calculations shall be final, conclusive and binding.

Boosted Jar

22. Upon notification of winning via push notification, a special savings jar known as the Boosted Jar will automatically be created and made available under the ‘Special Jar’ tab.

23. Upon the Winner Announcement Date, the relevant Bidding Jar of each Winner shall automatically be closed and the Winner’s deposited amount together with any accrued interest shall automatically be transferred into the newly created Boosted Jar.

24. The Boosted Jar may hold a minimum balance of Ringgit Malaysia One (RM1.00) and a maximum balance of Ringgit Malaysia Ten Thousand (RM10,000.00).

25. The Boosted Jar offers an interest rate from fifteen per cent (15.00%) per annum and up to twenty (20.00%) per annum (the applicable rate for each Bidding Round shall be communicated by Boost Bank before commencement of that round), calculated daily based on the end-of-day balance and credited daily.

26. The Boosted Interest Period shall commence immediately upon the Winner being notified via push notification on Winner Announcement Date and shall continue for a period of four (4) calendar weeks.

27. A Winner may hold multiple Boosted Jars if the Winner is selected as a Winner in multiple Bidding Rounds.

28. Funds in the Boosted Jar may be withdrawn or additional funds may be deposited at any time during the Boosted Interest Period.

29. Upon expiry of the Boosted Interest Period, the Boosted Jar shall automatically be closed and all remaining funds therein, together with any accrued interest, shall automatically be transferred to the Winner’s Digital Savings Account.

30. Participation in this Campaign does not guarantee selection as a Winner. A Customer may be disqualified from a Bidding Round if another Customer deposits the same amount during that Bidding Round.

Campaign Closure

31. For each Bidding Round, the relevant Bidding Jar shall automatically close upon the Winner Announcement Date.

32. For Customers who are not selected as Winners, all funds in the relevant Bidding Jar, together with any accrued interest, shall automatically be transferred to the Customer’s Digital Savings Account upon closure of that Bidding Jar.

33. For Customers who are selected as Winners, the relevant Bidding Jar shall automatically be closed and the deposited amount together with any accrued interest shall automatically be transferred into the Boosted Jar.

34. Following closure of a Bidding Jar, a new Bidding Jar shall automatically be created for the next Bidding Round, subject to the Customer remaining eligible for participation in the Campaign.

35. Upon the Winner Announcement Date of the final Bidding Round on 6 January 2027, all remaining Bidding Jars shall be closed.

For the avoidance of doubt, any Boosted Jar created pursuant to the final Bidding Round shall remain active during the applicable Boosted Interest Period and shall close on 2 February 2027.

36. Please refer to Boost Bank and/ or its website for matters in relation to the Digital Savings Account and Savings Jar(s) and/ or any other products and/or services (including the payout of the interest rate). 

37. For further enquiries, please refer to Boost Bank’s FAQ and/ or contact Boost Bank Customer Support via email to support@myboostbank.co.  

General Terms and Conditions:

38. The Customers should refer to Boost Bank’s website for further information and the terms and conditions related to their Digital Savings Account and Savings Jar(s) (and/ or any other products and/or services), including any matters related to the payout of the interest rate. 

39. Boost Bank reserves the sole and absolute right to cancel, withdraw, suspend, extend or terminate any part or the whole of this Campaign T&C with prior notice to the Customer. For the avoidance of doubt, the cancellation, withdrawal, suspension, extension or termination by Boost Bank of this Campaign shall not entitle the Customer to any claim or compensation against Boost Bank for any losses or damages suffered or incurred by the Customer whether as a direct or indirect result of such cancellation, withdrawal, suspension, extension or termination. 

40. The records of transaction maintained by Boost Bank and Boost Bank’s decisions in any matter in relation to this Campaign shall be final and conclusive. 

41. Boost Bank shall not be liable for any claim by Customer or third-party claims or losses of any nature, including but not limited to, loss of profits, punitive, indirect, special, incidental, or consequential damages or for other damages and any related claims of any nature, including direct, indirect, third party, consequential or other damages resulting from or in connection with this Campaign. Boost Bank expressly excludes and disclaims any representations, warranties or endorsements, expressed or implied, written or oral, without limitation to those published in any mass media, marketing or advertising materials, including but not limited to, any warranty of quality, merchantability of fitness for a particular purpose. 

42. Boost Bank shall not be liable for loss or damage to property or any personal injury or loss of life resulting from or in connection with this Campaign. 

43. The Customer acknowledges and agrees that Boost Bank reserves the rights to disqualify Customer’s participation of this Campaign if (i) the Customer is found or suspected of abuse, manipulation or tampering with this Campaign mechanics or the operation of this Campaign; (ii) the Customer is found or suspected of undertaking fraudulent activities, act of deceit, deception, cheating or other activities harmful to this Campaign; or (iii) the Customer is in breach of its obligations or any terms and conditions of this Campaign T&C. Notwithstanding the above, Boost Bank reserves the right to reject any participation or the Customer at its discretion. 

44. By participating in this Campaign, Boost Bank shall not in any manner whatsoever be liable or held responsible if Boost Bank is unable to perform in whole or in part any of its obligations herein attributable directly or indirectly to the failure of any mechanical or electronic device, data processing system, transmission line, electrical failure, industrial dispute, war, strike, riot, pandemic or any act of god beyond Boost Bank’s control or due to any factor in a nature of a force majeure which is beyond Boost Bank’s reasonable control. 

45. Boost Bank and its officers, employees, representatives and/ or agents (including without limitation, any third party service providers engaged by Boost Bank for purposes of this Campaign) shall not be responsible and shall not accept any liabilities of any nature and however arising or suffered by the Customer or any third parties resulting directly or indirectly from this Campaign, and Boost Bank disclaims any liability arising from the products or services purchased by the Customer from third party merchants. 

46. By participating in this Campaign, the Customer agrees and consents to allow its personal data to be collected, processed and used by Boost Bank in accordance with the Privacy Notice. In addition and without prejudice to the terms set out in the Privacy Notice, the Customer agrees and consents to its personal data or information being collected, processed and used by Boost Bank for: 

(a) purposes of this Campaign; and 

(b) marketing and promotional activities conducted by Boost Bank, including but not limited to any form of advertising or publicity media and materials such as audio and/ or visual recordings published through newspapers, television networks, radio stations or online and digital media and on the Internet.  

Marketing and promotion activities include without limitation the use and/ or publication of any details provided in and/or in connection to the entries, interviews material as well responses and related photographs. In this regard, the Customer agrees to cooperate and participate in all advertising and publicity activities of Boost Bank in relation to this Campaign. 

47. Unless specifically mentioned in this Campaign T&C, this Campaign is not valid with any other campaign, and no other special, additional, preferential rates and/ or reward shall be given to the Customer in addition to this Campaign. 

48. Boost Bank shall not be responsible or held liable in respect of technical failures of any kind, intervention, interruptions and/ or electronic or human errors in the administration and/ or processing of a transaction performed via the Boost Bank Mobile Banking provided the same is not directly caused by Boost Bank. 

49. Boost Bank shall not be liable for any misinterpretation or misrepresentation of facts by any unauthorised third party in respect of this Campaign offered and published in any media, marketing or advertising material.

50. Employees of Boost Bank shall be eligible to participate in this Campaign. Notwithstanding the foregoing, Boost Bank reserves the right to disqualify any employee who obtains, uses or attempts to use non-public information, confidential information, system access privileges or any other unfair advantage in connection with the Campaign. Boost Bank's determination in relation to any such misconduct shall be final and binding.

51. This Campaign T&C shall be governed by and construed in accordance with the laws of Malaysia, and the Customer agrees to submit to the exclusive jurisdiction of the courts of Malaysia.