Maybank Savings Account-i

Have fun earning profit returns on your deposits and even more fun earning reward points with your Maybankard Visa Debit!

Maybank Savings Account-i
Profit Rate
Islamic
Account Type
Islamic
Min. Deposit
RM250
Reward Points
TreatsPoints
Phone Banking
Available
Account Statement
Available

Features

What would make it different?

Online Banking
Maybank2u
Mobile App
Reward Points
TreatsPoints
PIDM Protected
Up to RM250,000
ATM Card
Available

Fees & Charges

MEPS Withdrawal Fee
RM1
Early Closure Fee
RM20

Requirements

Minimum Age
  • 18 years old
Minimum Initial Deposit
RM250
Minimum Balance
RM20
Who can apply
  • Malaysians
  • Foreigners

More Information

Why should I open a Maybank Savings Account-i?

Why not? Not only you can be part of the largest bank in Malaysia by market capitalization and total assets, you will also enjoy a host of benefits when you're banking with Maybank. 

This Shariah compliant savings account follows the principle of Qard, also known as a lending contract, whereby a lender (yourself) lend a money to a borrower (the bank), who is obliged to repay in full. 

The bank, in its discretion, will reward you with Hibah, or gift, in the form of profit at a stipulated time in a year. 

How profitable it is to save money in this savings account?

Compared to piling money under your pillow or straightforward money pool among family and friends (in local words, main kutu), opening a Maybank Savings Account-i and stash all your money in it can help you grow your wealth. 

As said, you will be paid in Hibah sometimes in a year at indicated rate, regardless of the balance amount in your savings account. It's like a safety deposit box with an investment feature.

What do I get upon Maybank Savings Account-i opening?

You will get access to basic banking services such as cash deposit and withdrawal, fund transfer, bill payment etc. In order to get to these services, you will be issued with an ATM / debit card and the option to sign up for Maybank2u online banking facility.

From there you can manage your account at a touch of your fingertip. However, should you prefer traditional bookkeeping, you can request for a passbook; or register for Maybank Phonebanking at 1-300-88-66-88 for more personalized banking experience. 

That's not all, every time you spend with your Maybank debit card or perform selected banking services, you will earn TreatsPoints. Your TreatsPoints can be redeemed with a lot of items in the rewards catalogue or at Maybank Treats Fair, the largest shopping event held annually exclusively for Maybank customers.

Who can apply for this savings account?

Any individuals possessing a valid Identification Card can apply for Maybank Savings Account-i. For children aged below 12 years old, a trust account can be set up with a parent or guardian, whereas children below 18 years old will be categorized in minor account. 

Maybank Savings Account-i can be opened as a personal and joint account.

Is it safe to keep my money in this savings account?

Absolutely. Rest assured, your hard-earned money will be guaranteed by PIDM for up to RM250,000.

Search Icon

Get the financial support you need

Featurebox

We’ll guide you through your application for this financial product