• Cash rewards for Yippie Club members who excel in their PT3, SPM, STPM and Tertiary level exams
  • Free Personal Accident Insurance coverage of up to RM70,000 for you and your child
  • A chance to win fantastic prizes in various contests (if any)


* To enjoy these benefits, you need to maintain RM1000 in your account at all times. The higher interest rate paid is subject to only one withdrawal per month. Interest is credited twice (2) a year on 30th June and 31st December respectively. To enjoy this benefit, you will have to maintain the account for at least 6 months a year, from 1st January to 30th June and from 1st July to 31st December. If the account is not maintained for the 6-month duration as mentioned, the normal Kawanku Savings interest will apply.

* Once attained the age of 18 and above, Kawanku Savings interest rate will apply.

Who can apply

  • Children below 18 years old, parents and guardians who are below 60 years of age

Interest rates

Savings Band
Nominal Rates
Effective rate
Up to RM50,000
Above RM50,000
* With effect from 16 July 2014. Subject to change without prior notice.

Required documents

For Personal/Joint accounts

  • Child: Original birth certificate and MyKid
  • Parents / Guardian: Original Identity Card (IC) for Malaysians and
  • Passports for foreigners

Please also bring along any of the following secondary supporting documents:-

  • Valid Passport (if IC is produced as a Primary document)
  • Valid driving licence
  • Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account
  • Letter of employment
  • Credit card

Please choose a branch located near your home or place of work.

Fees & charges

  • Replacement of ATM/bankcard: RM12
  • Replacement of lost savings passbook: RM15 incl. stamp duty
  • Replacement of savings passbook due to poor handling: RM10
  • Early closure of account within 3 months of account opening: RM20
  • Cash withdrawals at ATM facilities owned by other banks (MEPS charges): RM1

View all banking fees


Academic Cash Award

The Cash Award for Academic Excellence is given for excellent grades in PT3, SPM, STPM/A-Levels and Degree level. The cash awards are as follows:

Cash award
PT3 (7As)
RM100 per accountholder
SPM (8As / A+)
RM200 per accountholder
(5As / 4As and MUET Grade 6)
RM300 per accountholder
University Degree
(1st Class Honours)
RM500 per accountholder

How to qualify

To qualify, you need to meet the following criteria:

Existing account holders

Maintain RM1,000 in the account during the examination year for PT3, SPM, STPM / A-Levels until the date of submission for Cash Award

New account holders

Open and maintain RM1,000 in the account before sitting for the examination for PT3, SPM, STPM/A-Levels until the date of submission for Cash Award

1st Class Honours Degree

At the age of 18, the accountholder must maintain RM1,000 in the account
Account must be opened before reaching age 18
Account must be maintained until the date of submission of Cash Award


The submission for Cash Award claims is to be done at the accountholder's home branch within one (1) month from the official results announcement. The Cash Award can only be claimed once irrespective of the number of savings accounts held by the Yippie accountholder.

Click here for Academic Excellence Cash Award Claim Form



Next steps

Call us

Got a question? Call our Customer Care hotline at
1300 88 6688, any time,
any day

Plan for your kids' education.

Try Premier Education Savers, the insurance and investment plan for children >

Give your kids the headstart they need.

Read about YippieCare 2, the insurance and investment plan for children >

Click here for other products insured by PIDM

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Next steps

Call us

Got a question? Call our Customer Care hotline at
1300 88 6688, any time,
any day
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