AEON Bank Extends Debit Card Cashback Programme, Slashes Savings Account Profit Rate

AEON Bank Profit Rate

When AEON Bank launched a year ago, it offered users numerous perks and rewards, but those benefits are set to expire on 31 May. Ahead of the coming deadline, the digital bank has published its updated T&C for its new wave of promotions, with most being retained.

From 1 June until 31 August 2025, the bank will maintain its sign-up bonus, 0.5% points cashback for its debit card, 3% p.a. profit rate for its savings pot,  debit card issuance fee waiver, free AEON Mall parking, referral programme, and 3x points for AEON store purchases on Thursdays, while its 6-month Term Deposit promotional rate will still be offered until 25 August 2025.

Additionally, AEON Bank recently introduced a nationwide local ATM cash withdrawal fee waiver and 8x points cashback for debit card purchases at any grocery store. These new perks will be running until 31 December 2025.

Notably, the 0.88% profit rate for the digital bank’s savings account is no longer listed in the updated list of promotions. This means that after 31 May, savings accounts will revert to the prevailing profit rate of 0.25% p.a.

(Source: AEON Bank [PDF])

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