Premier 1 Account
A high interest-bearing savings account with the flexibility of a personal checking account
Minimum deposit:
RM1,000 (Individual)
RM2,000 (Clubs, Societies & Associations)
* Eligible for protection by PIDM
All interest / dividend rates quoted may change without prior notice. Please contact the nearest Maybank branch for the latest rates
Benefits
- Multi-tiered interest - Above RM5,000 interest is calculated daily and credited monthly to your account
- Free Personal Accident (PA) insurance coverage of up to RM50,000
- Free medical expenses (accident-related) of up to RM3,000
- Convenient ATM access at all MEPS ATMs nationwide and CIRRUS networks worldwide
- Payment convenience via Autodebit, Kawanku Phone Banking, Kawanku e-Pos, MASET (MAS Electronic Ticketing) and Maybank2u.com
- Academic Excellence cash awards for Premier 1 Trust Account holders
- No introducer required if you apply for a Maybank Premier 1 Account online via Maybank2u.com
- Privilege to apply for an unsecured standby overdraft of a minimum of RM10,000, without any security required and subject to existing credit processing procedure. Terms: Interest rate - BR + 6.15% p.a., minimum monthly salary of RM2,000, loan reviewed on a yearly basis. Not available for customers with any other clean facility, account held in trust and clubs, societies and associations
Who can apply
- Malaysian residents
- Foreigners with a valid working permit
- Individuals, clubs, societies and associations (excluding co-operatives)
- Joint account - maximum of 4 persons
Interest rates
| Savings Band | Interest Rates
(% p.a.) |
| Up to RM5,000 | - |
| Up to RM25,000 | 0.55 |
| Up to RM50,000 | 0.80 |
| Up to RM100,000 | 1.20 |
| Up to RM200,000 | 1.55 |
| Up to RM500,000 | 1.70 |
| Above RM500,000 | 1.90 |
| *With effect from 29 January 2018 |
Note: The above rates are also applicable to Premier Savings Account (PSV)
Required documents
For Personal/Joint accounts
- 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)
Please choose a branch located near your home or place of work.
Fees & charges*
- Monthly fee: RM5 (waived if your daily balance is more than RM50,000)
- 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 1st April 2015 at the current prevailing rate.
View all banking fees