net Account-i
A Shariah-compliant, profit-bearing online investment account
Minimum deposit: RM500
* Not covered by PIDM. Principal is not guaranteed
net Account-I is under Daily Fund-I Individual. To understand more about this product, kindly refer to Product Disclosure Sheet Daily Fund-i for Individual.
Features & Benefits
- Based on the contract of Mudarabah (profit sharing)
- No minimum balance, no introducer required, no passbook
- Cheque book
- Convenient access to over 600 ATMs throughout Malaysia and Singapore and over 2,500 MEPS ATMs nationwide
- Potentially earn higher returns. Profit gained from the investment will be shared between both parties (Customer & Bank) accordingly based on agreed profit sharing ratio (PSR). The profit will be paid on monthly basis and it is subject to balance band.
- Free personal accident Takaful coverage plus medical expenses
- Online access via www.maybank2u.com
- Cashline (overdraft) facility
- No introducer is required
Who can apply
- Individuals aged 18 and above
- Residents/non-residents with a working permit
- Joint accounts up to a maximum of four (4) persons with any one signatory are allowed
Indicative Profit rates (%)
Indicative Profit Rate (% p.a.) | Profit Sharing Ratio |
Investor | Bank |
1.20
(for balance up to RM200,000)
| 24 | 76 |
1.95
(for balance above RM200,000)
| 39 | 61 |
* Effective from 16 June 2018 to 15 July 2018 |
Free Takaful coverage
Enjoy free personal accident Takaful coverage plus medical expenses
Account balance | Sum covered |
Death / PD | Medical expenses |
RM1,000 - RM10,000 | RM10,000 | RM500 |
RM10,001 - RM50,000 | Based on account balance | RM1,000 |
Above RM50,000 | RM50,000 | RM1,500 |
* Terms & Conditions apply |
Required documents
For Personal/Joint accounts
- Original Identity Card (IC) for Malaysians and Passports for foreigners
Please also bring along any of the following secondary supporting documents:-
- Valid Passport (if IC is produced as a Primary document)
- Valid driving licence
- Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account
- Letter of employment
- Credit card
Please choose a branch located near your home or place of work.
Fees & charges
- Service charge: RM10 per half year, waived for accounts with an average balance of RM1,000 within six (6) months
- 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
View all banking fees
Click here to view Investment Account Fund Performance Report (Q1 2016)
Click here to view Investment Account Fund Performance Report (Q2 2016)
Click here to view Investment Account Fund Performance Report (Q3 2016)
Click here to view Investment Account Fund Performance Report (Q4 2016)
Click here to view Investment Account Fund Performance Report (Q1 2017)
Click here to view Investment Account Fund Performance Report (Q2 2017)
Click here to view Investment Account Fund Performance Report (Q3 2017)
Click here to view Investment Account Fund Performance Report (Q4 2017)