If you’re looking for an effortless way to make your savings work harder for you, Maybank and Maybank Islamic have rolled out a promotion that allows you to unlock up to 3.00% p.a. in savings. Yes, that’s right—earn higher interest rates and indicative profit rates, simply by going about your usual everyday transactions. Whether you’re topping up your account, spending with your credit card, or making a deposit, this promotion could be just what you need to boost your savings.
Why Should You Consider This Deal?
This promotion isn’t just any ordinary savings boost—it’s a chance to maximise your returns effortlessly. With rates climbing up to 3.00% p.a., you don’t need to do anything extra to enjoy these higher returns. All it takes is for you to participate in everyday activities like transferring funds to your account, using your debit or credit cards, or even opening an e-Fixed Deposit. If you’ve been thinking about increasing your savings, this could be the ideal time to act.
The best part? You don’t have to go out of your way to make these transactions. From paying your bills, buying groceries, or enjoying your daily coffee run, these everyday activities can now be your ticket to unlocking some of the most competitive interest and profit rates in the market.
What Accounts Are Eligible?
If you have a participating account, you’re already one step closer to unlocking higher interest. The following accounts are eligible for this promotion:
- Conventional Accounts
- Islamic Accounts
- Private Banking Account
- Private Banking Account-i
- Premier 1 Account
- Premier Mudharabah Account-i
- Maybank2u.Premier
- Zest-i Account
- Maybank2u Savers
- Maybank2u Savers-i
- Kawanku Savings Account
- Savings Account-i
- Golden Savers Savings Account
- Golden Savvy Account-i
It’s incredibly easy to get started, and if you don’t have any of these participating accounts, don’t worry—simply apply today to take advantage of this incredible offer. Whether you’re looking to open a new account or activate one you already have, Maybank makes it straightforward to get on board.
How Can You Unlock Higher Interest Rates?
Unlocking the bonus interest or indicative profit rates is easier than you might think. The key is in the participating activities you engage in. These include:
- Top-Up Participating Accounts: Adding funds to your accounts regularly is one of the most direct ways to start earning higher interest rates.
- Credit Card Spending: Use your Maybank credit card for your everyday purchases. Whether it’s groceries, dining, or online shopping, your spending will count towards earning bonus interest.
- Debit Card Spending: Just like credit card transactions, using your debit card also qualifies you for higher interest rates.
- New e-Fixed Deposit Placement: If you’re looking to lock in a rate, opening an e-Fixed Deposit can boost your savings rate significantly.
- New e-General Investment Account-i Placement: Similarly, placing funds in a new e-General Investment Account can help you take full advantage of this promotion.
Once you start engaging in these activities, your account will be eligible to earn bonus interest or indicative profit rates, and the more you participate, the higher your rewards can be.
Interest/Indicative Profit Rates Available
Maybank offers progressively higher rates depending on how many qualifying products and services you engage with. Here’s a breakdown of the potential returns:
- 1 Product/Service: You could earn up to 2.60% p.a.
- 2 Products/Services: You could earn up to 2.80% p.a.
- 3 Products/Services: You could unlock up to 3.00% p.a.
These rates are among the most competitive available, and with no complex requirements or hidden clauses, they’re accessible to almost everyone.
Exclusively for Customers Aged 50 & Above
If you’re over 50, you’re in luck—Maybank is offering the highest interest rates to customers in this age group, so make sure you take full advantage of this offer while it lasts.
Premium Services for the Elite
If you’re seeking even more exclusive benefits, Maybank’s Private Banking and Premier Accounts offer a range of perks. When you open a Private Banking Account/-i, you could qualify for Maybank’s Premier Client privileges, unlocking personalised services designed to help you manage and grow your wealth. Additionally, if you open a Premier 1 Account or Premier Mudharabah Account-i, you could join the Maybank Privilege programme for even more benefits.
Joining these premium accounts offers a fantastic opportunity for anyone serious about managing their wealth. These services provide tailored financial advice and exclusive privileges, so it’s worth considering if you’re looking for a more holistic wealth management solution.
Don’t Miss Out—Campaign Period and Terms
This incredible promotion is running from 1 November 2024 until 30 April 2025. With six months to go, it’s the perfect time to start building your savings and unlocking higher interest rates. But like all good things, this offer won’t last forever, so don’t wait too long to sign up and begin making the most of it.
Key Terms and Conditions to Note:
- The rates are subject to change based on the Overnight Policy Rate (OPR) set by Bank Negara Malaysia.
- There are different terms and conditions for conventional and Islamic accounts, so make sure to check the specifics for your account type.
- Private Banking and Premier Accounts have different eligibility and coverage under the PIDM insurance scheme.
To ensure you get the best possible returns, make sure to refer to the full terms and conditions, which can be accessed on Maybank’s website.
How to Apply
To apply or find out more about this offer, visit the official Maybank site and choose the account that best suits your financial needs. Whether you’re a new customer or an existing one, there’s an easy process for you to follow. Take the first step towards unlocking higher interest rates and boosting your savings today!
Promotional/Event Details:
- Date: 1 November 2024 to 30 April 2025
- Time: Ongoing throughout the campaign period
- Venue: Online and in Maybank branches across Malaysia
- More Information: Click here for more details
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