Maybank2u.com - Premier 1 Account

Benefits

Multi-tiered interest - from the minimum balance of RM5,000, interest is calculated daily and credited monthly to your account
Free Personal Accident (PA) insurance coverage of up to RM50,000
Free medical expenses (accident-related) of up to RM3,000
Convenient ATM access at over 2,700 MEPS ATMs nationwide and via PLUS networks worldwide
Payment convenience via Autodebit, Kawanku Phone Banking, Kawanku e-Pos, MASET (MAS Electronic Ticketing) and Maybank2u.com
25% discount on commission for Traveller's Cheques worth above RM2,000
Academic Excellence cash awards for Premier 1 Trust Account holders
Minimum opening deposit of only RM1,000
No introducer required if you apply for a Maybank Premier 1 Account online via Maybank2u.com
Privilege to apply for an unsecured standby overdraft of a minimum of RM10,000, without any security required and subject to existing credit processing procedure. Terms: Interest rate - BLR + 2.5% p.a., minimum monthly salary of RM2,000, loan reviewed on a yearly basis. Not available for customers with any other clean facility, account held in trust and clubs, societies and associations

Who can apply

Malaysian residents
Foreigners with a valid working permit
Individuals, clubs, societies and associations (excluding co-operatives)
Joint account - maximum of 4 persons

Interest rates

Credit balance	Revised rate (% p.a.)	Effective rate (% p.a.)
Up to RM5,000	0.00	0.00
Up to RM25,000	0.55	0.55
Up to RM50,000	0.75	0.75
Up to RM100,000	1.10	1.10
Up to RM200,000	1.45	1.45
Up to RM500,000	1.65	1.66
Above RM500,000	1.85	1.86
* With effect from 8 April 2013

Note: The above rates are also applicable to Premier Savings Account (PSV)

Required documents

For Personal/Joint accounts

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

Monthly fee: RM5 (waived if your daily balance is more than RM50,000)
Replacement of ATM/bankcard: RM12
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

Next steps

Apply online

Apply now for a Maybank savings / current account

Call us

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

Locate us

With close to 400 branches nationwide, getting to us is easy. Find us here

FAQs

Do I have to maintain a minimum balance?

What happens if I issue a cheque and there are insufficient funds in the Premier 1 account?

Do I have to pay any fees?

More FAQs >

Earn interest and enjoy checking facilities.

It's Maybank2U.Premier, the online account that gives you more >

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