Back
Talk To Us

Savings Account

Basic Savings Account

Basic savings account with no service or maintenance charges

  • MINIMUM DEPOSIT

    RM20

  • MINIMUM BALANCE TO MAINTAIN

    RM20

Basic Savings

RM20 is all you need to start earning interest. No service or maintenance charge required.


With this account, you get:

  1. To earn interest, no matter what your account balance.
  2. No service or maintenance charges as long as a minimum balance of RM20 is maintained.
  3. Free mini statement.
  4. Online banking with Maybank2u.com

Options for withdrawal:

  1. Pay as you use
    • 6 over-the-counter (OTC) visits
    • 8 free ATM cash withdrawals (on the 9th withdrawal onwards, RM0.50 will be charged)
    • No fee shall be imposed for non-cash withdrawal transactions (e.g balance inquiry or fund transfer within Maybank)
    • First 2 GIRO transactions via over-the-counter in a month at a fee of RM0.50 per transaction and RM2.00 from the 3rd transaction onwards.
    • GIRO transactions via M2U, M2U Mobile and MyMobile, the charges imposed is RM0.10 per transaction 
  2. RM 8 Annual Fee
    • Unlimited OTC transactions and ATM cash withdrawals
    • First 2 GIRO transactions via over-the-counter in a month at a fee of RM0.50 per transaction and RM2.00 from the 3rd transaction onwards.
    • GIRO transactions via M2U, M2U Mobile and MyMobile, the charges imposed is RM0.10 per transaction

         

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

* Click here for PIDM's DIS Brochure.

How to Apply

For all Malaysians and permanent residents only


To apply:

Visit a Maybank branch near you with your primary document.


Available accounts:

Basic Savings Account (BSA) – for adults above 18 years old

Basic Savings Account Trust (BSA Trust) – for children below 18 years old with parents or legal guardians below 60 years of age

Basic Savings Account Minor (BSA Minor) - for teenagers aged 12 to below 18 years old


Required Primary Documents:

Original Identity Card (IC)/Police or Armed Forces ID Card

Birth Certificate and MyKid (for in-trust and minor accounts)

Rates


Savings Band Interest Rates (% p.a)
Up to RM1,000 0.25
Up to RM10,000 0.25
Up to RM25,000 0.30
Up to RM50,000 0.35
Up to RM100,000 0.45
Up to RM200,000 0.80
Up to RM500,000 0.90
Above RM500,000 0.95

*With effect from 18th May 2019

Locate a branch

Locate a branch nearby you


Other accounts to choose from