Maybank Expands MAE App Features Heading Into 2026

Samuel Chua

29th October 2025 - 5 min read

Maybank is introducing several new digital features for its MAE app between the end of 2025 and early 2026. The updates aim to give users greater control, convenience, and flexibility in managing their money, covering everyday payments, investments, and protection needs.

MAE Wallet Limit To Double To RM20,000 In 2026

The MAE Wallet limit will be increased from RM10,000 to RM20,000 in 2026. This enhancement follows strong customer demand for higher spending flexibility, particularly among users who rely on MAE for daily expenses, travel, and online transactions.

In conjunction with the app’s fifth anniversary, Taufik Albar, Group CEO of Community Financial Services, said the update reflects customer feedback and usage patterns.

“With its competitive exchange rates, we know many of you actually use the MAE wallet and card when you travel. We have had a lot of requests from people, maybe even including some of those in this very hall today, asking for a higher limit. From next year onwards, we’ll be doubling the limit of the MAE wallet to RM20,000,” he said.

The MAE Wallet operates under the same security standards as Maybank’s savings and current accounts. With the higher limit, customers will be able to make larger payments and transfers securely, while continuing to enjoy the convenience that has made MAE one of Malaysia’s most widely used mobile banking apps.

Global Access Account-i To Introduce Future Order Feature

Maybank’s Global Access Account-i (GAA-i), which allows customers to manage and transact in multiple currencies, will soon include a Future Order feature.

Expected to launch in two weeks, the update enables users to set target exchange rates and automatically execute currency conversions or transfers once those rates are met. The function is intended to help customers manage foreign exchange more efficiently, whether for overseas spending, education payments, or business transactions.

Maybank has confirmed that GAA-i transactions carry zero conversion fees, and that the bank benchmarks its rates against leading competitors to ensure a transparent and cost-effective experience.

Micro Insurance Available On MAE App In 2026

Maybank will roll out Micro Insurance on the MAE app in 2026, expanding its range of financial protection products. This new feature will allow customers to explore and purchase insurance coverage digitally, including motor, travel, home, health, and personal accident plans.

The process will include instant quotations and policy selection, enabling users to complete their purchase entirely through the app. This initiative supports wider access to affordable insurance, especially among younger Malaysians and self-employed workers.

ASNB Investments Coming To MAE In January 2026

From January 2026, users will be able to open Amanah Saham Nasional Berhad (ASNB) accounts and make initial investments directly through the MAE app.

The new integration focuses on encouraging investment habits among younger customers by simplifying the process of opening and managing ASNB funds. Customers will no longer need to visit a branch to start investing, making it easier to begin building savings and long-term wealth through a familiar digital platform.

Future Order For Islamic Gold Account-i Set For April Or May 2026

Maybank will also expand its Maybank Islamic Gold Account-i (MIGA-i) with a Future Order capability in April or May 2026.

This function will allow users to set preferred gold price targets and automatically buy or sell once the desired price is reached. The feature is intended to help customers plan their gold investments more strategically, without needing to track daily price movements manually.

QR Payment Expansion To More Countries

The MAE app’s Scan & Pay function will soon be usable in more countries, as Maybank works with PayNet and regional partners to expand cross-border QR payment capabilities.

The bank has confirmed plans to link with India, South Korea, and China, with two of these corridors expected to go live by 2026. Once launched, customers will be able to make QR payments overseas directly from their MAE app, with instant conversion and settlement at participating merchants.

Over RM4 Trillion In Digital Transactions Since 2020

Since the MAE app’s launch in 2020, Maybank has facilitated more than RM4 trillion in digital transactions, an amount equivalent to about twice Malaysia’s GDP.

The app now serves 10.7 million users and accounts for 48% of mobile banking transaction volume nationwide. It also remains Malaysia’s most-used platform for DuitNow transfers, QR payments, FPX, and JomPAY transactions.

Usage of Scan & Pay has grown more than 50 times since 2020, reflecting growing acceptance of digital payments across the country. In 2024, Maybank recorded a 26% rise in new merchant sign-ups, helping expand cashless payment options for consumers and businesses.

Building a Comprehensive Digital Ecosystem

With new features such as Future Order, Micro Insurance, and ASNB integration, the MAE app continues to evolve into a complete digital financial ecosystem.

Maybank has indicated that its focus for the coming years will be on enhancing security, expanding regional payment networks, and improving user experience. These efforts align with the bank’s broader plan to strengthen financial inclusion and make digital banking more accessible for all Malaysians.

0 0 votes

Article Rating