What do I need to know about this account?
The Maybank Premier Mudharabah Account-i is a Syariah-compliant current account that pays dividends on your account balances. The dividends increases as account balance increases. Both cheque book and overdraft facility via Cashline-i are made available for this account. You will not require an introducer for this Maybank current account.
What are the other benefits of this current account?
For your convenience, you will be given an account on maybank2u.com, for easy online banking and also 24-hour Kawanku phone banking for any of your banking inquiries - have a problem with your ATM card? Call the Kawanku helpline!
Of course, ATM services is also available for this current account. You will also have free personal accident Takaful coverage plus medical benefits upon account opening - the more balance you have in the account, the more you will be covered for. In addition, there is a one-month General Investment Account-i dividend for deposits above RM50000.Yes, your account will be converted into a fixed deposit for the full duration of a month - that means no withdrawals!
How can I qualify to open this account?
The Malaysians aged 18 years and above can apply this account as personal or joint account. The associations, clubs, societies and organizations are eligible to open this account.
What is the minimum I need to open this account?
You will need an initial minimum deposit of RM1000 to open a new account.
Is this current account protected by PIDM?
Under the new Islamic Financial Services Act 2013 (IFSA), your Mudarabah account will not be protected under PIDM insurance.