Maybank has introduced Savings+, a new feature on its MAE app that lets you put your money into a Shariah-compliant money market fund from RM10. 

Unlike money kept in a conventional savings account, money placed through Savings+ is invested in a fund, so it is not protected by PIDM deposit insurance.

Start Investing From RM10

Savings+ has no lock-in period, so you can withdraw at any time. Returns are calculated daily and credited monthly, while investments and withdrawals are typically processed within an average of two business days.

To get started:

1. Open the MAE app and select “Savings+” under “View All.”
2. Complete the required onboarding steps, including a Suitability Assessment.
3. Make an initial investment from RM10.

Potential Returns Up To 3.32% A Year

Managed by Maybank Asset Management, the fund invests in short-term, liquid assets and offers potential returns of up to 3.32% a year, based on its performance as at 30 June 2026. This is a historical performance figure rather than a guaranteed return, and actual returns may vary depending on market conditions.

Savings+ is available to both new and existing Maybank customers. Download the MAE app on the App Store or Google Play to access this feature.

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Iman Aminuddin

Iman writes about personal finance with curiosity. She is interested in the stories behind money, the hesitation around big decisions, and the small habits that shape financial futures. Off the clock, she is either dissecting a film or climbing her way up the leaderboard in her favourite games.

About THE AUTHOR

Iman Aminuddin

Iman Aminuddin

Iman writes about personal finance with curiosity. She is interested in the stories behind money, the hesitation around big decisions, and the small habits that shape financial futures. Off the clock, she is either dissecting a film or climbing her way up the leaderboard in her favourite games.

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