Yippie Savings Account

A savings account for children aged below 18 years, offering high interest rates to inculcate savings habit

Minimum deposit:
RM1

* Eligible for protection by PIDM

All interest / dividend rates quoted may change without prior notice. Please contact the nearest Maybank branch for the latest rates

Benefits

Who can apply

Multi-tiered Interest Rates

Savings Band
Nominal Rates (% p.a.)
Effective Rates (% p.a.)
Up to RM50,000
2.95
2.97
Above RM50,000
1.30
1.30
* With effect from 16 August 2016

Note:

Required documents

For Personal/Joint accounts

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

Fees & charges*

*The Malaysian Goods & Services Tax (GST) will be imposed on all fees/charges charged by the Bank where applicable effective 1 April 2015 at the current prevailing rate.

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 as follows :

ExaminationExcellent Grades
Cash award
PT3 7As
RM100 per accountholder
SPM  *8As / 8A+
RM200 per accountholder
STPM/A-Levels
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 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

Claims

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

 

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