Maybank2u Savers

A passbookless savings account offering high multi-tiered interest rates with a minimum balance of RM2,000. It's all about convenience and speed!

Maybank2u Savers
Interest Rate
0.85% to 1% p.a.
Min. Deposit
RM250
Reward Points
TreatsPoints
Phone Banking
Available
Account Statement
Available

Interest Rate

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

Min. AmountMax. AmountInterest Rate
RM2,000RM50,0000.85% p.a.
RM50,001No maximum1% p.a.

Features

What would make it different?

Online Banking
Maybank2u
Mobile App
Reward Points
TreatsPoints
PIDM Protected
Up to RM250,000
SMS Transaction Alert
Available
ATM Card
Available

Fees & Charges

MEPS Withdrawal Fee
RM1
Overseas Withdrawal Fee
RM12
Early Closure Fee
RM20

Requirements

Minimum Age
  • 18 years old
Minimum Initial Deposit
RM250
Minimum Balance
RM2,000
Who can apply
  • Malaysians
  • Foreigners

More Information

Why should I open Maybank2u Savers?

Maybank2u Savers account is an online savings account that offers high multi-tiered profit rates with a minimum balance of RM2,000. 

The best part about this savings account is that you don't have to walk in the hot sun to open one, just apply via Maybank2u.

All you need is RM250 as an initial deposit, transferred from your existing Maybank account, third party or IBG, and expect a notification message or SMS on your successful m2u Savers application. Voila!

What can I get from Maybank2u Savers?

With a focus on ease and convenience, this account allows you to perform banking transactions without breaking a sweat. 

You will be provided with a number of options to go about your banking needs, such as:

  • Passbookless - save printing cost and tree cutting via Maybank2u internet banking, where you can check your statement, perform fund transfers, pay bills etc;
  • m2u mobile apps installed to your smartphone for those who are always on-the-go;
  • Kawanku Phone Banking for more secured and personalized experience;
  • Maybankard Debit Card for unlimited cash withdrawals and payment of goods and services (some say it's better than paying with cash!)

Who can apply for m2u Savers account?

Any individuals of 18 years old and above, with valid Identity Card can apply for Maybank2u Savers account. 

If you already have an m2u account, you are one foot away from upgrading yourself to this edgy savings account.

Other than that, you will need to deposit a minimum of RM250 into your new Maybank2u Savers account.

Are there fees and charges I should know?

For existing Maybank customers, your Debit Card will be automatically linked to Maybank2u Savers account, whereas there is no fee for the issuance of Debit Card for new-to-bank customers. 

If you want to enjoy unlimited withdrawals all year long, you can pay an annual fee of RM8.

Life is full of choices; if you want to perform over-the-counter (OTC) transactions instead of going digital, it will be subject to a fee of RM5. 

If you wish to close your account within 3 months from the date of activation, a service charge of RM20 will be incurred.

Is it safe to keep my money in this savings account?

Absolutely. In fact it is also worth noting that your savings money will be guaranteed by PIDM for up to RM250,000.

Search Icon

Get the financial support you need

Featurebox

We’ll guide you through your application for this financial product