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:
- RM12 charge on atm/bankcard replacement.
- RM20 fee If you decided to close your account within 3 months of activation.
- 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.