Program Mechanism

Bonus interest up to IDR25,000,000

• Top up and maintain Your average balance growth in Maybank Savings Account with min of IDR10,000,000

*) Compared to the baseline month, average balance in August 2024.

The difference between ‘Regular’ and ‘Special’ is that in the first month of participation, the calculation used will be ‘Regular’, but if in the following months there is a minimum increase of 10% in average balance increment of the previous month, the calculation used will be ‘Special’ which is 0.25% p.a higher.

Illustration average balance growth

Illustration on Regular/Special bonus interest

Terms & Conditions:

• Applied for Customer with Maybank Savings Account:
  
  • Maybank Savings Account
  • Maybank Payroll Savings Account (not applicable for Maybank employee and Maybank Group payroll)
  • Maybank Payroll One Savings Account
  • Co-Branding Maybank Finance Savings Account
  • Maybank Woman One Savings Account
  • Maybank MAKSI Savings Account
  • Maybank U Savings Account
• Joint account (OR/AND) are not applied for this program.
• Average balance in Savings, average of Total Relationship Balance/ portfolio or financial transaction, will be observed from 1 October 2024.
• Balance increment from another program participation since 1 October 2024, are not applied as balance increment for this program.
• Registration on our branch is not required, only requires to do following things below to enroll on this program :
  • For Customer with no savings account, open Maybank U Savings Account via M2U ID App/ M2U ID Web. How to open Maybank U Savings Account click here
  • Top up and maintain average balance  growth  on Maybank Savings Account that applied on this program
• Applied for fresh fund only with minimum growth requirement of IDR10 million on :
  • Maybank Savings Account
  • Average of Total Relationship Balance (TRB)/overall portfolio of Savings Account, Current Account & Time Deposit (in any currency), as converted into IDR according to Bank’s applicable exchange rate.’
• Required to do transactions on M2U ID App/ M2U ID Web 3 times per month, with choices of transaction listed below:
  • Purchase transaction
  • Bill payment transaction
  • Top up e-wallet
    or
  • Purchase with Maybank QR Pay via M2U ID App
  • Purchase with Maybank Debit Card
• Bonus interest  will be determined by the lowest amount between average balance growth on savings account or overall portfolio of Maybank Savings Account, Current Account & Time Deposit compared from August 2024  with maximum bonus interest given every month capped at IDR25,000,000 (net).
• Bonus interest will be credited to the savings account used for program in the 4^th week on the following month, by the latest.
• Bonus interest  will be given if savings account used for this program is in active status. Bonus interest will not be processed if account status is deemed not active or already closed.
• PT Bank Maybank Indonesia Tbk is allowed to cancel, postpone, extend or end this program before; with variety of deleting or adding any terms and conditions by making announcement based on regulation applied and will be informed in www.maybank.co.id

If the interest rate (including bonus interest or other gifts) received by the Customer exceeds the interest rate guaranteed by the LPS (Lembaga Penjamin Simpanan), then the funds in Maybank /Maybank iB Savings Account Customer are not included in the LPS guarantee.

To find out the current LPS (Lembaga Penjamin Simpanan) interest rates, please visit the following website www.lps.go.id