Especially for Teens
Enjoy cash rewards for excellent grades with high interest rates
Savings Account
Online savings account with high interest rates for teens from 12 to below 18 years old
MINIMUM DEPOSIT
RM50
MINIMUM BALANCE TO MAINTAIN
RM1
Enjoy cash rewards for excellent grades with high interest rates
With this account, you get:
* Protected by PIDM up to RM250,000 for each depositor.
* Click here for PIDM's DIS Brochure.
For teenagers between 12 to below 18 years old
To apply:
Visit a Maybank branch near you with your primary documents and parent/guardian.
Required Documents:
It is compulsory to provide an indemnity letter signed by parents or guardians to open a new imteen account as well as to access Internet banking facilities via Maybank2u.com and Maybankard.
*Once attained the age of 18 and above, the account will be re-classified to Personal Saver or Kawanku Savings Account. Account number and ATM charges will remain and customers may continue to operate the account with all the existing services as usual.
What interest rates can you expect from us?
Savings Band | Interest Rates (% p.a.) | |
---|---|---|
Up to RM50,000 | 2.45 | |
Above RM50,000 | 0.45 |
*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
Interest is credited twice (2) a year on 30th June and 31st December
Kawanku Savings rate will apply if you do not meet the criteria of one-month Fixed Deposit rate.
Kawanku Savings rate will apply for account holders 18 and above.
What can you expect?
Academic Cash Reward
Examination | Excellent Grades | Cash award |
---|---|---|
SPM | *8As / A+ | RM200 per accountholder |
STPM/A-Levels | 5As / 4As and MUET Grade 6 | RM300 per accountholder |
University Degree | 1st Class Honours | RM500 per accountholder |
*For SPM, ‘A-' is not entitled.
How to qualify
Maintain RM1,000 in the account during the examination year for SPM, STPM / A-Levels until the date of submission for the Cash Award.
1st Class Honours Degree
The account must be opened before the accountholder reaches the age of 18. At the age of 18, the accountholder must maintain RM1,000 in the account. The account must be maintained until the date of submission for the Cash Award.
Claiming the Cash Award
The Cash Award claims must be performed at the accountholder's home branch within one (1) month from the official results announcement.
The Cash Award may only be claimed once regardless of the number of imteen accounts held by the accountholder for each examination.
Click here for Academic Excellence Cash Award Claim Form
07/12/2022
From 28 November 2022 to 7 December 2022, earn higher returns of up to 3.85% p.a. over 6 months when you make minimum placement of RM5,000.
31/12/2022
Extra benefit for your teens when you open an account for them today! Their first independent financial journey can stand them to win RM100 for extra cash into their savings.
T&C apply.
Campaign Period: 25 May - 31 December 2022
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A Shariah-compliant savings account with no service and maintenance charge
MINIMUM DEPOSIT
RM20