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Savings Account

imteen Account

Online savings account with high interest rates for teens from 12 to below 18 years old

  • MINIMUM DEPOSIT

    RM50

Especially for Teens

Enjoy cash rewards for excellent grades with high interest rates

With this account, you get:

  • Cash rewards when you excel in SPM, STPM/A-Levels and degree-level examinations subject to a minimum account balance of RM1,000.
  • Earn a one-month Fixed Deposit rate from your savings account (first RM50,000), subject to 1 withdrawal per month for six consecutive months
  • Free Personal Accident (PA) coverage of up to RM30,000 when you maintain a minimum account balance of RM1,000 for teenagers aged 12 to below 18 years old. Terms & Conditions apply.
  • Spending limit of RM500 a day on selected withdrawals via over-the-counter, Maybank2u.com, ATM, EFTPOS, MEPS and Regional Switch.

         

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

* Click here for PIDM's DIS Brochure.

*Click here for Terms & Conditions

How to Apply

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:

  • Original Identity Card (IC) and birth certificate of teenage applicant
  • Parents'/Guardian's IC and other supporting documents to verify parentage or guardianship

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, MAE apps and Debit Cards.

*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.

Rates, Fees and Charges

What kind of rates, fees and charges can you expect?

Savings Band Split Tier Interest Rate (%p.a)
First RM50,000 1.85
Subsequent balances above RM50,000 0.40

*Effective from 19 August 2025

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 the one-month Fixed Deposit rate

Kawanku Savings rate will apply once account holder turns 18 years old.


Fees and Charges

  • Stamping fees for Indemnity Letter: RM10
  • Replacement of ATM/bankcard: RM12
  • Early closure of account within 3 months of account opening: RM20
  • Cash withdrawals at ATM facilities owned by other banks (MEPS charges): RM1

Academic Cash Reward

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

Be rewarded with year-long prizes worth over RM80,000 and earn up to 3.80% p.a. returns.

 

Children Year-Long Campaign Period: 1 January 2023 – 31 December 2023

Islamic Fixed Deposit-i Kids Campaign Period: 1 Feb 2023 – 31 July 2023

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