An online savings account that provides the convenience of opening, accessing and closing your account without visiting a branch.

Minimum Initial Deposit:
RM250

Minimum balance to enjoy interest:
RM2,000

Minimum balance to maintain:
RM250
* Eligible for protection by PIDM

Benefits

• Convenience of opening and closing your account from anywhere in the world via Maybank2u.com
• Enjoy High Multi-tiered Interest Rates with a minimum balance of RM 2,000. Interest is calculated on a daily basis and credited on a monthly basis
• Check and view your monthly account statement (up to 3 months) via Maybank2u.com
• Enjoy access to over 2800 Maybank ATMs nationwide, cross banking ATMs under Maybank Group in Singapore, Brunei, Philippines, Indonesia and Malaysia, as well as worldwide ATMs via the PLUS ATM network
• Cashless shopping via Maybankard Debit
• For Maybank customers with an existing ATM/Debit Card, m2u Savers will be automatically tied to their ATM/Debit Card which is linked to the Maybank2u.com account where they applied the account from. Existing fee option shall apply
• For new customers with no ATM/Debit Card, customers are to apply for new card at a branch with an annual fee of RM8.00 per ATM Card to enjoy unlimited withdrawals per year

Who can Apply
Maybank2u.com users aged 18 years old and above with user ID & password access to the Maybank2u.com Secured Site.

Rates

Credit Balance	Interest Rate
RM2,000 to RM50,000	2.10% p.a.
Above RM50,000	2.30% p.a.
* Should there be OPR (Overnight Policy Rate) changes/ market condition, the offered rate will be revised

Fees & Charges
A fee of RM5.00 per transaction will be charged if Customers perform transactions over the counter (i.e. at any of the Bank's branches) for transactions that can be fulfilled/done via Maybank2u.com or at the Bank's kiosks (ATM, Cash Deposit Machine, Cheque Deposit Machine). Example of transactions which can be fulfilled at Maybank2u.com/Bank's Kiosks are:

• Withdrawals less than RM5,000.00
• Perform GIRO transaction less than RM5,000.00
• Transfer money less than RM5,000.00
• A service charge of RM20.00 will be imposed if the m2u Savers account is closed within three (3) months from the account activation date

Transactions
Transactions can be performed via:

• Maybank2u.com
• m2u Mobile
• ATM Services
• Kawanku Phone Banking

An interest-bearing current account with online features

Nominal rate:
0.30 - 2.05% p.a.

Effective rate:
0.30 - 2.06% p.a.

Minimum deposit:
RM500
* Eligible for protection by PIDM

Benefits

• Higher multi-tiered interest that is calculated daily and credited monthly
• 5% bonus interest on interest on monthly average balance of RM5,000 and above
• Checking facility
• Online access to your account from anywhere in the world, or make balance enquiries via ATM or Kawanku Phone Banking
• No introducer required
• Convenient access to branches, over 600 ATMs throughout Malaysia and Singapore and over 2,500 MEPS ATMs nationwide

Who can apply

• Individuals aged 18 years and above
• Malaysian citizens / permanent residents
• Non-residents of Malaysia (with working permits)
• Joint account - maximum of 4 persons

Interest rates

Credit Balance	Nominal Rate (% p.a.)	Effective Rate (% p.a.)
Up to RM5,000	0.30	0.30
Up to RM10,000	0.40	0.40
Up to RM25,000	0.55	0.55
Up to RM50,000	0.70	0.70
Up to RM100,000	1.05	1.05
Up to RM200,000	1.45	1.45
Up to RM500,000	1.65	1.66
Above RM5,000	2.05	2.06
* With effect from 11 May 2011. Subject to change without prior notice.

Note: There will be no free Personal Accident insurance coverage for new customers with effect from 1st October 2009. The free coverage currently offered to existing customers will be extended until 30 September 2010, after which no coverage will be provided from thereon.

Required documents
Original Identity Card (IC) for Malaysians and Passports for foreigners

Kindly provide 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

• Service charge: RM10 per half year, waived for accounts with monthly average balance of RM1,000 and above within six (6) months period i.e from 27th December to 26th June and from 27th June to 26th December
• 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