It is based on the Shariah concept of Mudarabah (profit-sharing) and tailored for senior citizens, retirees and those planning for early retirement.
Pay bills, transfer money or make purchases with no annual fees or compensation fees. Get rewarded with Treats Points and discounts from merchants.
Profit will be calculated on a daily basis and credited on a monthly basis.
The account comes with a Maybankard Visa Debit, free service charge Foreign Telegraphic Transfer for amounts less than or equal to RM5,000 for the transaction over the counter.
First are you a Malaysian or Foreigner, aged 50 years or above? Opening a Personal/Joint Account? And please note the minimum placement of RM1,000.
Ok? Then next steps:
Visit your nearest Maybank/Maybank Islamic branch, bring along your original Identity Card (IC) for Malaysians, and Passport for foreigners, as your primary document.
Please also bring along any of the following secondary supporting documents:
A valid passport (if IC is produced as a Primary document), a valid driving license,utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice in the name and address of the customer opening the account, a Letter of employment or your Credit card.
And that's it!
We recommend you go through the small print in detail before you apply for this account.