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Savings account

Golden Savers Savings Account

Savings for your golden years

  • MINIMUM DEPOSIT

    RM1,000

  • MINIMUM BALANCE TO MAINTAIN

    RM1

Embrace Your Later Years with Confidence

Created for senior citizens, retirees and early retirement


With this account, you get:

  1. High multi-tiered interest rates with a minimum balance of RM1,000, calculated daily and credited monthly.
  2. Waiver on service charge of RM2.00 for foreign telegraphic transfer for amounts less than or equal to RM5,000.
  3. Discounts from participating merchants.
  4. Perform transactions with: Maybank2u.com, ATM and Debit Cards and M2U Mobile.
  5. Access at all MEPS ATMs nationwide and CIRRUS networks worldwide.
  6. Passbook and quarterly statement or passbook/quarterly statement

         

* Protected by PIDM up to RM250,000 for each depositor.

* Click here for PIDM's DIS Brochure.

How to Apply

For individuals aged 50 and above only.


To apply:
Visit a Maybank branch near you with your primary documents and joint applicant.

Available accounts:
Individuals 50 years and above
Joint account - maximum of 4 persons

Required primary documents:
Original Identity Card (IC) for Malaysians and Passports for foreigners. For passport, other supporting documents that may be required are valid working/student permit, valid visa, letter of confirmation from Employer/Education Institutions (whichever is relevant)

Rates

What interest rates can you expect from us?


Savings Band Interest Rates (% p.a.)
Below RM1,000 0.05
RM1,000 to RM10,000 0.20
Above RM10,000 to RM25,000 0.20
Above RM25,000 to RM50,000 0.20
Above RM50,000 to RM100,000 0.30
Above RM100,000 to RM250,000 0.60
Subsequent balances above RM250,000 0.60

*Effective from 8 May 2023

All interest / dividend rates quoted may change without prior notice. Please contact the nearest Maybank branch for the latest rates

With effect from 1 August 2022, ‘Split Tier’ interest rate calculation will be implemented. ‘Split Tier’ is an interest calculation method that separates the account balance according to the respective rate tier.

Click here for Frequently Asked Questions (FAQ).

Klik di sini untuk Soalan Lazim.


Make your savings/investment meaningful by pledging to unlock up to RM100,000 for charity and up to RM100,000 prizes to be won!

 

Campaign Period: 1 March – 31 July 2023


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Ready. Save. Achieve!


Save RM14/day* and stand to win a Proton X70, gold investments and more.

*Terms and conditions apply.


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