All interest / dividend rates quoted may change without prior notice. Please contact the nearest Maybank branch for the latest rates

Benefits

  • Earn interest irrespective of account balance
  • No service or maintenance charge as long as a minimum balance of RM20 is maintained
  • Free mini statement
  • View statement online via Maybank2u.com
  • Option 1
    *"Pay-as-you-use" (no annual fee):
    • 6 over-the-counter (OTC) visits
    • 8 free ATM cash withdrawals (on the 9th withdrawal onwards, RM0.50 + GST 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 + GST per transaction and RM2.00 from the 3rd transaction onwards.
    • GIRO transactions via M2U, M2U Mobile and MyMobile, the charges imposed is RM0.10 + GST per transaction
  • Option 2
    *Payment of RM8.00 + GST 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 + GST per transaction and RM2.00 + GST from the 3rd transaction onwards.
    • GIRO transactions via M2U, M2U Mobile and MyMobile, the charges imposed is RM0.10 + GST per transaction

Who can apply

  • Malaysians and permanent residents

Interest rates

Savings Band
Nominal Rates
(% p.a.)
Effective Rates
(% p.a.)
Up to RM1,000
0.30
0.30
Up to RM10,000
0.30
0.30
Up to RM25,000
0.30
0.30
Up to RM50,000
0.40
0.40
Up to RM100,000
0.65
0.65
Up to RM200,000
1.10
1.10
Up to RM500,000
1.25
1.25
Above RM500,000
1.30
1.30
* With effect from 16 August 2016.

Required documents

For Personal/Joint accounts

  • Basic Savings Account (BSA) - adult above 18 years old
  • Basic Savings Account Trust (BSA Trust) - children below 18 years old with parents or legal guardians below 60 years of age
  • Basic Savings Account Minor (BSA Minor) - teenager aged 12 to below 18 years old

Required Primary Documents:

  • Original Identity Card (IC)/Police or Armed Forces ID Card
  • Birth Certificate and MyKid (i.e for in-trust and minor accounts)
Please choose a branch located near your home or place of work.

Fees & charges*

  • 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

*The Malaysian Goods & Services Tax (GST) will be imposed on all fees/charges charged by the Bank where applicable effective 1 April 2015 at the current prevailing rate.

View all banking fees