Maybank has enhanced banking for seniors with its two new savings accounts namely Golden Savers Account and Golden Savers Account-i. Specifically designed to meet the financial needs of people from age 50 and above, retirees or those who plan for early retirement, Golden Savers Accounts offers more free services and discounted rates on products that tend to be of greatest interest to seniors.
While Golden Savers Account is available through conventional banking, Golden Savers Account-i is based on the Shariah principle of Mudharabah (profit sharing) with a minimum deposit of RM1,000.
Senior citizens can look forward to higher returns /dividends of up to 1.70%* as their account balance grows. Under the multi-tiered system, interest/dividend rates will be calculated daily and credited monthly. Accounts can be opened either on a personal or joint basis with a maximum of four accountholders.
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