Best Low Deposit Current Accounts in Malaysia 2024
Generally, you will need at least RM500 to open a current account, and some folks might not have the funds to do so. Introducing some of the cheapest and hassle-free Current Accounts that allow for minimum initial deposits for as low as RM1 - Great for those opening their first checking account.
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Current Account » Low Deposit
CIMB Regular Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM1,000
CIMB Current Account-i
- Profit Rate
- 0% to 0.2% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM500
CIMB Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
CIMB Islamic Basic Current Account-i
- Profit Rate
- 0% to 0.2% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM500
CIMB Prime Account
- Interest Rate
- 0.2% to 0.75% p.a.
- Service Charge
- RM5
- Min. Deposit
- RM1,000
UOB High Yield Account
- Interest Rate
- 0.02% to 2.65% p.a.
- Service Charge
- N/A
- Min. Deposit
- RM5,000
Kuwait Finance House Current Account-i
- Profit Rate
- Islamic
- Service Charge
- N/A
- Min. Deposit
- RM1,000
Affin Plus
- Interest Rate
- 0% to 2% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Bank of Nova Scotia Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
Affin Gold-i Current Account
- Profit Rate
- 0.2% to 1.5% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Affin Islamic Affin Plus-i
- Profit Rate
- 0% to 2% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Hong Leong Islamic Basic Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
KFH Sure Current Account-i
- Profit Rate
- 0.75% p.a.
- Service Charge
- N/A
- Min. Deposit
- RM500
AmBank Islamic Basic Current Account-i
- Profit Rate
- 0.5% to 0.88% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM500
CIMB Preferred Account
- Interest Rate
- 0.5% to 2.25% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Alliance Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
CIMB Senior Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
MBSB Foreign Currency Current Account-i
- Profit Rate
- Islamic
- Service Charge
- N/A
- Min. Deposit
- RM1,000
Affin Bank Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Alliance Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
AmBank Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
Hong Leong Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
Hong Leong Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
Hong Leong Islamic Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
Maybank Premier 1 Account
- Interest Rate
- 0.2% to 1% p.a.
- Service Charge
- RM5
- Min. Deposit
- RM1,000
Maybank Premier Mudharabah Account-i
- Profit Rate
- 0.45% to 1.2% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
OCBC Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
OCBC Al-Amin Mumtaz Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
Public Bank Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
RHB Premier Current Account
- Interest Rate
- 0.3% to 2.95% p.a.
- Service Charge
- RM5
- Min. Deposit
- RM1,000
Standard Chartered JustOne Personal Account
- Interest Rate
- 0.05% p.a.
- Service Charge
- N/A
- Min. Deposit
- RM1,500
Bank of China Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
HSBC Advance Account
- Interest Rate
- 0.05% to 0.55% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM500
MBSB PrimeWin Current Account-i
- Profit Rate
- 0.5% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
HSBC Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
India International Bank Current Account
- Interest Rate
- None
- Service Charge
- N/A
- Min. Deposit
- RM1,000
Alliance Hybrid Account-i
- Profit Rate
- 0.4% to 0.65% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM250
HSBC Amanah Basic Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
Alliance Islamic Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
RHB Smart Account-i
- Profit Rate
- 0.5% to 3% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
RHB Smart Account
- Interest Rate
- 0.25% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
RHB My1 Account
- Interest Rate
- 0.7% to 1.25% p.a.
- Service Charge
- RM5
- Min. Deposit
- RM1,000
Bank Muamalat Current Account-i Tawarruq
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Maybank Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
Maybank Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM1,000
MBSB Basic Current Account-i
- Profit Rate
- 0.25% p.a.
- Service Charge
- N/A
- Min. Deposit
- RM500
Maybank Personal Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Alliance Hybrid Account
- Interest Rate
- 0.4% to 0.65% p.a.
- Service Charge
- RM15
- Min. Deposit
- RM250
Alliance Islamic Basic Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
Affin Islamic Current Account-i
- Profit Rate
- 0% to 0.25% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Kuwait Finance House Basic Current Account-i
- Profit Rate
- Islamic
- Service Charge
- N/A
- Min. Deposit
- RM500
UOB Wealth Premium Account
- Interest Rate
- 0.1% to 0.6% p.a.
- Service Charge
- RM5
- Min. Deposit
- RM5,000
Hong Leong Islamic Current Account One-i
- Profit Rate
- 0.05% to 0.3% p.a.
- Service Charge
- RM5
- Min. Deposit
- RM500
AmBank AmStar Current Account
- Interest Rate
- 0.75% to 2.75% p.a.
- Service Charge
- RM5
- Min. Deposit
- RM2,000
Hong Leong One Account
- Interest Rate
- 0.05% to 0.3% p.a.
- Service Charge
- RM5
- Min. Deposit
- RM1,000
Bank Islam Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
Bank Islam Basic Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
Standard Chartered Saadiq JustOne Personal Current Account-i
- Profit Rate
- 0.05% p.a.
- Service Charge
- N/A
- Min. Deposit
- RM1,500
UOB Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
UOB i-Account
- Interest Rate
- 0.05% to 0.05% p.a.
- Service Charge
- RM15
- Min. Deposit
- RM5,000
Standard Chartered JustOne Priority Account
- Interest Rate
- 0.05% p.a.
- Service Charge
- N/A
- Min. Deposit
- RM10,000
Standard Chartered Saadiq JustOne Priority Current Account-i
- Profit Rate
- 0.05% p.a.
- Service Charge
- N/A
- Min. Deposit
- RM10,000
Bank Rakyat eCurrent Account-i
- Profit Rate
- Islamic
- Service Charge
- N/A
- Min. Deposit
- RM500
AmBank TRUE Transact Account
- Interest Rate
- 0.05% p.a.
- Service Charge
- N/A
- Min. Deposit
- RM500
Public Bank PLUS Current Account-i
- Profit Rate
- 0.1% to 2% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM3,000
Public Bank BASIC QARD Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM500
Public Bank Qard Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM10
- Min. Deposit
- RM3,000
Public Bank ACE Account
- Interest Rate
- 0.1% to 1.6% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Public Bank PB CurrentLink Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM3,000
Public Bank Basic 55 Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
Public Bank PLUS Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM3,000
CIMB Islamic Current Account-i for Preferred
- Profit Rate
- 0.5% to 2.25% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
Maybank2u Premier
- Interest Rate
- 0.2% to 0.6% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM500
Al-Rajhi Current Account-i
- Profit Rate
- Islamic
- Service Charge
- RM -
- Min. Deposit
- RM500
CIMB Senior Basic Current Account-i
- Profit Rate
- 0.3% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM500
RHB Basic Current Account
- Interest Rate
- None
- Service Charge
- RM5
- Min. Deposit
- RM500
Affin Bank Basic Current Account
- Interest Rate
- None
- Service Charge
- RM10
- Min. Deposit
- RM500
Standard Chartered Saadiq Basic Current Account-i
- Profit Rate
- 0% to 0.5% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM500
MBSB PrimeRich Current Account-i
- Profit Rate
- 0.75% p.a.
- Service Charge
- RM10
- Min. Deposit
- RM1,000
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