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Private Banking Account

Private Banking Account

Enjoy Premier Wealth privileges, by invitation only

  • Minimum Deposit:

    RM10,000

  • Annual Maintenance Fee:

    RM800

Benefits

Enjoy high interest rates among other exclusive privileges.  

With this account, you get:

  • Checking facilities with an exclusive Premier Wealth chequebook
  • Higher-tiered rates structure
  • Free Personal Accident (PA) insurance coverage of up to RM50,000
  • Free medical coverage (accident-related) of up to RM3,000
  • Access at all MEPS ATMs nationwide and CIRRUS networks worldwide
  • Maybank Premier Wealth Debit Card which also serves as a Private Banking Recognition Card
  • Access Maybank Premier Wealth Services¹ and Centres nationwide
  • Concierge services²

¹On condition that customers maintain a minimum of RM250,000 in Investable Assets (Deposits & Investments) or RM1,000,000 in Total Financial Assets (Deposits, Investments & Financing) with Maybank upon opening of account. Other Terms and Conditions apply.

²Concierge services are available on arrangement basis only.

         

* Protected by PIDM up to RM250,000 for each depositor.

* Click here for PIDM's DIS Brochure.

How to Apply

By invitation only. For everyone 18 years old and above (Incl. permanent residents and foreigners with valid working permits)

Customers are required to maintain a minimum of RM250,000 in Investable Assets (Deposits & Investments) or RM1,000,000 in Total Financial Assets (Deposits, Investments & Financing) with Maybank upon account opening.

Required documents

For Malaysians, primary documents include the original MyKad, Police or Armed Forces ID Card, Birth Certificate.

You may also need supporting documents like:

  • A valid driving license
  • Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) with your name and address
  • Letter of employment

For non-residents or foreigners, please provide a valid passport.

Rates

What interest rates can you expect from us?

Savings Band Interest Rates (% p.a)
Below RM10,000 0.00
RM10,000 to below RM20,000 0.20
Up to RM50,000 0.20
Up to RM100,000 0.45
Up to RM250,000 0.50
Up to RM500,000 1.45
Above RM500,000 1.55

*Effective from 13 May 2022

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


Note: You can earn the highest interest rates if you meet the following requirements:-

  • Daily private banking account deposit balance of more than RM100,000 for the entire month,
  • Taking a loan of a minimum amount of RM100,000 and above.

Earn multi-tiered interest/profit by simply saving, spending and transferring funds. Also stand to win up to 2g gold in Maybank Islamic Gold Account-i (MIGA-i) when you invest or insure with us.

 

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