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Savings Account

Yippie Savings Account

Start good habits at a young age





Perfect for Children

Higher interest rates for little ones to discover the joy of saving.

With this account, you get:

  • A one-month Fixed Deposit rate from your savings account, subject to 1 withdrawal per month for six consecutive months.
  • Cash rewards when for excellent grades at PT3, SPM, STPM and degree- level
  • Free Personal Accident (PA) coverage of up to RM70,000 for you and your child.


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

* Click here for PIDM's DIS Brochure.

How to Apply

For all children below 18 years of age with guardians below 60 years of age.

To apply:

Visit a Maybank branch near you with the primary documents of child and parent/guardian.

Required Primary Documents

  • Child: Original birth certificate and MyKid
  • Parents / Guardian: Original Identity Card (IC) for Malaysians and
  • Passports for foreigners. For passport, other supporting documents that may be required are valid working/student permit, valid visa, letter of confirmation from Employer/Education Institutions (whichever is relevant)

It is compulsory to provide an indemnity letter signed by parents or guardians to open a new Yippie account as well as to access Internet banking facilities via and Maybankard. 

Apply now.


What interest rates can you expect from us?

Savings Band Interest Rates (% p.a.)
Up to RM50,000 1.50
Above RM50,000 0.20

*Effective from 9 July 2020

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 6 months duration.

Kawanku Savings rate will apply for account holders 18 and above.

  • Replacement of ATM/bankcard: RM12
  • Replacement of lost savings passbook: RM15 incl. 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

Academic Cash Reward

What can you expect?

Academic Cash Reward

Examination Excellent Grades Cash award
PT3 7As RM100 per accountholder
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

How to qualify

Maintain RM1,000 in the account during the examination year for PT3, SPM, STPM / A-Levels until the date of submission for the Cash Award.

1st Class Honours Degree

The account must be opened before the holder reaches the age of 18. At the age of 18, the accountholder must maintain RM1,000 in the account 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 savings accounts held by the imteen accountholder.

Click here for Academic Excellence Cash Award Claim Form.

Locate a branch

Find a Maybank branch nearby you

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