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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 0.05
RM10,000 to below RM20,000 0.20
RM20,000 to RM50,000 0.20
Above RM50,000 to RM100,000 0.45
Above RM100,000 to RM250,000 0.60
Above RM250,000 to RM500,000 1.60
Subsequent balances above RM500,000 1.75

*Effective from 7 November 2022

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


With effect on 1 January 2023, ‘Split Tier’ interest rate calculation will be implemented. ‘Split Tier’ is an interest calculation method that separates the account balance according to the respective rate tier.

Click here for Frequently Asked Questions (FAQ).

Klik di sini untuk Soalan Lazim.


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.

Double the celebration, double the rewards


Earn entries to win exclusive rewards worth up to RM588,000 including a Mercedes-Benz EV when you invest, insure, finance a vehicle or home with us.

Campaign Period: 1 January 2023 – 30 April 2023


LEARN MORE

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