What do I need to know about Maybank Fixed Deposits?
Maybank Fixed Deposit is open to anyone aged 18 or over. You can choose from one month to sixty months term with a minimum investment of just RM1,000!
If you have a Maybank2u.com account you can make your investment online, just log in, open an account and transfer money. How easy is that?
Generally, all of your FD account management can be completed using Maybank2u.com; transfer of funds, withdrawal of money, or termination of the account can all be completed with a few clicks of a mouse or taps on a tablet.
Can I withdraw from this fixed deposit before maturity and get some interest?
You are allowed to make an immediate withdrawal of your fixed deposit prior to maturity, subject to Maybank's Terms and Conditions.
With effect from 1 January 2019, all new immediate premature withdrawal (without 31 days' notice period) will not be entitled to any interest. Unless you have submitted the 31 days' notice period at the branch, your fixed deposit will earn 50% of the contracted interest rate.
How secure is this account?
Very secure. PIDM protects your savings in case the banks fail. You're covered for up to RM250,000.