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Get The Best Savings Account for 2019 Now!

Start a relationship with the best savings account in Indonesia. Compare interest rates and features and apply online now.

Savings Account Rates

Updated As Of December 2019
Displaying all Savings Accounts from
Showing 15 results of 21 products
We Have Found 21 Savings Account For You
10%Annually
IDR 10,000,000Deposit Amount
IDR 2,000,000Per Month
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2%Annually
IDR 10,000,000Deposit Amount
IDR 1,000,000Per Month
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1.6%Annually
IDR 10,000,000Deposit Amount
IDR 5,000,000Per Month
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1.1%Annually
IDR 10,000,000Deposit Amount
IDR 5,000,000Per Month
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1.1%Annually
IDR 10,000,000Deposit Amount
IDR 5,000,000Per Month
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1.1%Annually
IDR 10,000,000Deposit Amount
IDR 5,000,000Per Month
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1%Annually
IDR 10,000,000Deposit Amount
IDR 10,000,000Per Month
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1%Annually
IDR 10,000,000Deposit Amount
IDR 50,000Per Month
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1%Annually
IDR 10,000,000Deposit Amount
IDR 500,000Per Month
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1%Annually
IDR 10,000,000Deposit Amount
IDR 1,000,000Per Month
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1%Annually
IDR 10,000,000Deposit Amount
IDR 1,000,000Per Month
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1%Annually
IDR 10,000,000Deposit Amount
IDR 5,000,000Per Month
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1%Annually
IDR 10,000,000Deposit Amount
IDR 5,000,000Per Month
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0.9%Annually
IDR 10,000,000Deposit Amount
IDR 1,000,000Per Month
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0.9%Annually
IDR 10,000,000Deposit Amount
IDR 1,000,000Per Month
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Savings Account Frequently Asked Questions

Frequently Asked Questions

Frequently Asked Questions

What is a Savings Account?

A savings account is an instrument to store money, available to the public and other parties. The fund can be withdrawn within certain rules that have been agreed beforehand.

What are the benefits of having a Savings Account?

Most savings account products offered in the market offer similar features and benefits, such as:

  • Interest on your stored funds.
  • Internet banking and online transaction services to ease your transactions.
  • Most savings accounts doesn’t require a big amount of minimum initial deposit. There are even banks which only require a Rp 20.000 initial deposit.
  • Competitive interest rates to increase the chance to grow your funds.
  • A savings account is (liquid), which means you get to withdraw your funds anytime.
  • Usually equipped with an ATM card, a debit card, and sometimes even an insurance coverage.
  • A passbook/bankbook which will tell you your latest balance.

How much can I earn on a savings account?

Almost all savings products in Indonesia offers interest, but the rates are lower than the ones offered by fixed/time deposits. Therefore a savings account isn’t usually categorized as a financial tool to reap benefits.

How is a savings account taxed?

There’s a special tax on savings and deposit interest earnings. The tax is 20% for a balance of more than Rp 7.500.000. This tax will be deducted from your interest earnings. The amount of tax deducted will get bigger as you earn more interest.

What are the requirements to apply for a Savings Account?

Every bank might have different requirements for a savings account application, but the requirements are generally similar. An applicant is usually required to hand a copy of their ID (Indonesian Identity Card/Driving License/Passport), a copy of NPWP (Taxpayer Identification Number), and a filled out application form.

Also, each bank might set their own minimum initial deposit and minimum balance. This minimum balance will be used to cover the administration fee when you close your savings account.

What are the fees and costs to open a Savings Account?

Every bank might apply different types of fees. But commonly you’ll be charged for a Rp 6.000 duty stamp and for a monthly administration fee.

What if I don’t live in the address indicated on my identity card (KTP)?

If the address on your ID is not your address of domicile as required by the bank, you can provide supporting documents such as your driving license, a letter of domicile or a statement of employment from your workplace.

How can I apply for a Savings Account on DuitPintar.com?

Here are the general steps to open a savings account:

  • Choose the savings product that suits you best
  • Thoroughly read the features of that savings account
  • Click ‘Apply’ for the product you want
  • Fill out the provided form and don’t forget to provide a mobile number which is easy to be reached
  • Our Customer Service team will contact you to verify your data
  • Once the passbook/bankbook and ATM card have been received, then the Savings Account is yours!

Terms in Savings

Initial Deposit: The minimum deposit required upon opening a savings account

Minimum Balance: The minimum amount required to be kept in your account

Sweep Account: A facility to automatically transfer funds from one account to another, within the minimum balance limit and the maximum transfer limit as set by the account holder.

Interest Rate: A return for the use of money or capital, which is paid at a certain period of time based on certain terms or agreements. Usually presented as a percentage of the funds.

Reward Points: Points earned when you make purchases with certain financial products. Can be redeemed for gifts or other benefits and advantages.

Auto Debit: An electronic payment system which allows direct payment from a savings account, usually on a preset date.

Joint Account: A savings account owned by two or more people.

Administration Fee: A fee charged periodically by the bank to their account holders.

Minimum Balance Fee: A fee charged when your balance falls below your account’s minimum.

Debit Card: A card issued the bank which serves as a tool of electronic payment and a replacement for cash payment.

ATM (Automated Teller Machine): An electronic device which serves bank customers without the human presence of a bank teller.

Passbook/Bankbook: A book issued by the bank containing the amount of balance of a certain savings account. To prove ownership of this book, one must provide a printed identity as stated in the book. This book may not be traded or transferred to another party.

Satisfied DuitPintar.com customers agree!

We used to have to go to the bank to open a saving account, now we can just apply online. I believe this really saves time. Besides, it's better to open a saving account via online instead of postponing the will to save money just because today's hecticness kept holding me from opening a saving account. Thank you for DuitPintar.com helping me to open a saving account that is the most suitable to my future need.

Anita
Jakarta

One of the reasons to get lazy to open a saving account is that long queue at banks. If there's a faster and more practical way, why not? Moreover, also provided me with a range of options, DuitPintar.com with accurate data. Finally, I could choose the best saving product for my plan in 2-years time. I find it very helpful.

Jum
Tangerang

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