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Savings account

Golden Savers Savings Account

Savings for your golden years

  • MINIMUM DEPOSIT

    RM1,000

Embrace Your Later Years with Confidence

Created for senior citizens, retirees and early retirement

With this account, you get:

  1. Split-tiered interest rates calculated daily and credited monthly
  2. No Service Charge on Foreign Telegraphic Transfer (FTT). Service charges waived for over-the-counter transactions not exceeding RM5,000.
  3. Access at all MEPS ATMs nationwide and CIRRUS networks worldwide.

         

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

* Click here for PIDM's DIS Brochure.

How to Apply

For individuals aged 50 and above only.

To apply:

Visit a Maybank branch near you with your primary documents.

Available accounts:

  1. Personal
  2. Joint account with a maximum of 3 secondary

Required Primary Documents:

  • Original Identity Card (IC) for Malaysians and Passports for foreigners
  • Other documentary evidence as required by the authorities, based on the purpose of your visit or stay in Malaysia.

Rates

What interest rates can you expect from us?

Savings Band Interest Rates (% p.a.)
Below RM1,000 0.05
RM1,000 to RM10,000 0.20
Above RM10,000 to RM25,000 0.20
Above RM25,000 to RM50,000 0.20
Above RM50,000 to RM100,000 0.30
Above RM100,000 to RM250,000 0.60
Subsequent balances above RM250,000 0.60

*Effective from 8 May 2023

Fees & Charges

What fees and charges can you expect?

Fees & Charges

  • Replacement of ATM/bankcard: RM12
  • Replacement of lost savings passbook : RM15 (inclusive of stamp duty)
  • Replacement of savings passbook due to poor handling : RM10
  • Early closure of account within 3 months of account opening: RM20
  • Cash withdrawals at ATM facilities owned by other banks (MEPS charges): RM1
  • Click to see all banking fees.
  • Click to see the Terms and Conditions