Maybank2u Premier

A Maybank account which rewards you for saving. Receive an additional 5% interest on the interest of your monthly average balance if it exceeds RM5,000.

Maybank2u PremierFeel the Rewards
Interest Rate
0.2% to 0.6% p.a.
Service Charge
RM10
Min. Deposit
RM500
Phone Banking
Available
Account Statement
Available

Interest Rate

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

Min. AmountMax. AmountInterest Rate
RM1RM5,0000.2% p.a.
RM5,001RM10,0000.2% p.a.
RM10,001RM25,0000.2% p.a.
RM25,001RM50,0000.2% p.a.
RM50,001RM100,0000.2% p.a.
RM100,001RM200,0000.3% p.a.
RM200,001RM500,0000.35% p.a.
RM500,001No maximum0.6% p.a.

Features

What would make it different?

Online Banking
Maybank2u.com
Mobile App
PIDM Protected
Up to RM250,000

Fees & Charges

Service Charge
RM10 every 6 months waived with monthly average balance of RM1,000
ATM Card Issuance Fee
RM12
MEPS Withdrawal Fee
RM1
Early Closure Fee
RM20
Dishonoured Cheque Fee
RM100
Stop Payment Cheque Fee
RM10

Requirements

Minimum Age
  • 18 years old
Minimum Initial Deposit
RM500
Who can apply
  • Malaysians
  • Permanent Residents
  • Foreigners

More Information

Maybank2u Premier current account is an interest-bearing current account with online features. 

To own this account, you just need a minimum initial deposit of RM500 as no introducer is required.

What are the benefits of Maybank2u Premier?

Of course with a successful opening of a Maybank current account, you will be issued with a cheque book and an ATM / debit card, which are crucial for you to access to your money.

To keep track of all your transactions and manage your financial, you can log in into your Maybank2u online banking account. 

Or, if you prefer a more personalized approach, you can reach out to Kawanku Phone Banking.

Otherwise, go offline via ATM machine to perform almost all services you can avail to over the cloud.

You can also earn higher interest on your account balance the more you save your money into Maybank2u Premier. The best part is that the interest rate is calculated daily and credit monthly!

How can I earn 5% Bonus Interest?

This is a special feature by Maybank2u Premier that gives you more returns on your growing savings.

To qualify for an Interest-on-Interest pay of 5%, payable every 1st of the following month, you need to maintain an average monthly balance of RM5,000 every month.

For example, Mr A earns RM150 as interest for the month, therefore the Bonus Interest is calculated as followed: 5% x RM150 = RM7.50.

Who can apply for this current account?

Any Malaysian individuals, permanent residents and foreigners with a valid working permit aged 18 years old and above can apply for Maybank2u Premier current account.

For Malaysians, you are also required to bring along an original MyKad upon registration.

For non-Malaysians, you need a Passport, valid working/student permit, visa, Letter of Confirmation from Employer/Education Institutions.

Next, walk to the nearest Maybank branch with these documents to open a current account with Maybank.

What are the fees and charges?

These are few but significant fees and charges you should be aware of:

  • Half yearly Service Charge: RM10, if average balance falls below RM1,000
  • Early Account Closure: RM20, if closed within 3 months of opening
  • Dishonoured Cheque: RM100, due to insufficient funds
  • Stop Payment Cheque: RM10, upon request

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

Absolutely. Your saved money in this current account will be guaranteed for up to RM250,000 under Perbadanan Insurans Deposit Malaysia.