Maybank net Current Account-i

This is an online Maybank current account that pays out dividends based on the Mudharabah principle - easy online checking with no introducer required.

Maybank net Current Account-i
Profit Rate
0.2% to 0.2% p.a.
Account Type
Service Charge
Min. Deposit
Phone Banking
Account Statement
Cheque Book

Profit Rate

What you earn based on the amount that you have in your account

Min. AmountMax. AmountProfit Rate
RM1RM200,0000.2% p.a.
RM200,001No maximum0.2% p.a.


What would make it different?

Cashline Overdraft
Online Banking
Mobile App

Fees & Charges

Service Charge
RM10 every 6 months waived with monthly average balance of RM1,000
MEPS Withdrawal Fee
Early Closure Fee
Dishonoured Cheque Fee
Stop Payment Cheque Fee


Minimum Age
  • 18 years old
Minimum Initial Deposit
Who can apply
  • Malaysians
  • Permanent Residents

More Information

Maybank net Current Account-i

Maybank net Current Account-i allows you to deposit and withdraw cash at your convenience, apart from providing you the flexibility of utilizing its checking and overdraft (Cashline) facilities, subject to fees and charges.

It is worth mentioning that this is a profit-bearing Islamic current account that operates under the Shariah contract of Mudarabah (profit sharing). 

The best part about this current account is that it is also an investment account.

How does this Maybank current cccount-i work?

Generally speaking, all banks 'borrow' money deposited into its accounts (savings, current, fixed etc) to invest in various asset classes and markets. 

Then, proceeds from the investment will be distributed to depositors by way of profit payment, which happens periodically.

The same mechanics applied to Maybank net Current Account-i, except that your principal and profit is not guaranteed by the bank as it is classified under unrestricted investment account.

Instead, you will be sharing profit and loss with the bank based on a predetermined ratio. 

The profit will be calculated daily and will be paid every month, regardless of the balance amount left in your account - the more the better!

What are the benefits can I get from this current account?

This current account has its core features made available to you, such as an overdraft (Cashline) facility, a cheque book and an ATM/debit Visa or MasterCard for your payment convenience. 

What's more, you can link your current account to a Maybank2u online banking to simplify your money management. 

Cash deposit and withdrawal is also made easy for you as Maybank has over 600 ATMs throughout Malaysia and Singapore and over 2,500 MEPS ATMs nationwide.

To top it off, you will be automatically covered with a complimentary Personal Accident Takaful coverage and medical expenses when your account balance hits RM1,000 and above - what a way to save on insurance cost isn't it?

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

It is practically safe to keep your money in a bank account. However since this current account is technically an investment account, your deposit will not be guaranteed by Perbadanan Insurans Deposit Malaysia.

Rest assured that your profit and loss is shared with the bank based on the Mudarabah contract.

Who can apply for Maybank net Current Account-i?

Any individuals in Malaysia aged 18 years and above can apply for this current account. 

Before making your way to the nearest Maybank branch for this personal or joint current account opening, you need to prepare the following documents:

  • Original MyKad for Malaysians and Passports for foreigners;
  • Valid driving license
  • Utility bills in the name and address of the customer opening the account
  • Letter of employment
  • Credit card (if any)
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