CIMB Junior Savers Account

Ensure your kids understand how important it is to save money when you open this CIMB Junior Savers Account. It earns you progressive interest on the amount you save.

CIMB Junior Savers Account
Interest Rate
0.95% to 1.5% p.a.
Min. Deposit
Reward Points
CIMB Junior Points

Interest Rate

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

Min. AmountMax. AmountInterest Rate
RM1RM50,0001.5% p.a.
RM50,001RM100,0000.95% p.a.
RM100,001No maximum1.45% p.a.


What would make it different?

Reward Points
CIMB Junior Points
PIDM Protected
Up to RM250,000

Fees & Charges

Early Closure Fee
Inactive Account Fee


Minimum Age
  • 12 to 18 years old
Minimum Initial Deposit
Who can apply
  • Malaysians
  • Foreigners

More Information

What is CIMB Junior Savers Account?

It is a savings account like any other, with the exception that this account is made for CIMB’s younger client populace. 

The Junior Savers Account is open to any child between below the age of 12. 

This might be a great opportunity for parents to try teaching their kids the importance and benefits of saving from a young age. 

Or it can be used as an initial investment for your child.

How does the account work?

Since the account is meant for children, it needs to be set up with either a parent or guardian of a child. 

That way the primary holder is the child, but it can be monitored and overseen by an adult.

To register, parents you will need to bring along your original IC and the birth certificate of the child you are opening this account for. 

Please take note that this is not a joint account, it is merely a savings account with a guardianship of sorts. Minimum deposit for the opening of this account is RM100.

Is there an interest rate?

Yes, there is, although the minimum deposit for this account is RM100, to start earning interest on your savings you will need to have at least RM1,000 in the account. 

The interest rates start at 1.50% p.a. for savings amount up to RM50,000.

Along with the interest rate, there is another perk that comes with this account, for every quarter of a year that you have RM1,500 account average balance, you will get 1 CIMB Junior Reward Points. Collect these points to redeem awesome gifts from CIMB.

Do I get a passbook with this account?

Yes, you do. It is known to be encouraging, especially to children when they get to see their progress. 

So, you will have a passbook to help track all the transactions and watch your fortune grow.

What are the restrictions?

There will be no ATM Card issued with this account, however, there will be a monthly opportunity for you to make over the counter withdrawals from the account with no limits.

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