Maybank Basic Savings Account-i

This is a simple and hassle free Shariah compliant savings account that carries minimal costs, and comes along with free easy-to-read mini statements. Plus you may be rewarded up to 1.75% p.a. Hibah every year regardless of any amount saved

Maybank Basic Savings Account-i
Profit Rate
0.25% to 0.25% p.a.
Account Type
Min. Deposit
Reward Points
Phone Banking
Account Statement

Profit Rate

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

Min. AmountMax. AmountProfit Rate
RM20RM100,0000.25% p.a.
RM100,001RM200,0000.25% p.a.
RM200,001RM500,0000.25% p.a.
RM500,001No maximum0.25% p.a.


What would make it different?

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

Fees & Charges

MEPS Withdrawal Fee
Overseas Withdrawal Fee
Early Closure Fee


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

More Information

Who can apply for Maybank Basic Savings Account-i?

All Malaysian residents and permanent resident are encouraged to apply.

Do I need to maintain a certain balance amount in my account?

Yes, you will need to maintain at least RM20 in your Maybank Basic Savings Account-i to avoid having to pay a service fee.

What benefits will I enjoy with this savings account?

Maybank Basic savings account-i offers 2 options to allow their consumers to get the best possible value out of their savings account.

Option 1: There will be no annual fees, but you will have to pay a fee after the first 8 ATM cash withdrawals and 6 over-the-counter fund transfers. 

Option 2: With a one-off payment of RM8.00 annual fee, you are entitled to unlimited OTC transactions and ATM cash withdrawals

Additionally, enjoy low rates for first 2 Interbank GIRO of RM0.50 per transactions within a month, and RM2.00 for the 3rd transactions onwards.

Any hidden charges to beware of?

These are the fees and charges one should keep in mind:

  1. RM12 charge on atm/bankcard replacement. 
  2. RM20 fee If you decided to close your account within 3 months of activation.
  3. RM1 charge on cash withdrawal at other banks' ATM.

How do I apply for Maybank's Basic Savings Account-i?

If you are a foreigner, bring along your passport together with supporting documents as proof of residency and together with RM20 as an opening fee. 

For local residents, you will need your identification card and one of the following supporting documents - passport, utility bills consisting your name and address, driver's license, letter of employment, or credit card.

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