27 May 2025
Dear Our Valued Customer,
We hereby inform you that effective on 15 July 2025, there will be a change in the interest rates/indicative rate of return calculation method for Maybank/Maybank iB Savings Account and Maybank/Maybank iB Current Account.
The details of this changes apply to all product accounts, according to the following table:
No | Account Product | Method of Interest Rate/indicative rate of return Calculation | |
Before 15 July 2025 | Starting from 15 July 2025 | ||
1 | Maybank/Maybank iB Savings Account (Regular) | Tier | Split |
2 | Maybank Co-Branding/Maybank Co-Branding iB Savings Account | Tier | Split |
3 | Maybank Payroll MBI Group/Maybank Payroll MBI Group iB Savings Account | Tier | Split |
4 | Maybank Payroll Regular/Maybank Payroll Regular iB Savings Account | Tier | Split |
5 | Maybank Payroll One/Maybank Payroll One iB Savings Account | Tier | Split |
6 | Maybank MAKSI/Maybank MAKSI iB Savings Account | Tier | Split |
7 | Maybank Woman One/Maybank Woman One iB Savings Account | Tier | Split |
8 | Maybank Pro/Pro iB Savings Account | Tier | Split |
9 | Maybank RDN/RDN iB Savings Account | Tier | Split |
10 | Maybank SuperKidz/Maybank SuperKidz iB Savings Account | Tier | Split |
11 | Maybank TabunganKu/Maybank TabunganKu iB Savings Account | Tier | Split |
12 | Maybank SimPel/Maybank Simpel iB Savings Account | Tier | Split |
13 | Maybank SuperValas/Maybank SuperValas iB Savings Account | Tier | Split |
14 | Maybank MyArafah Savings Account | Tier | Split |
15 | Maybank RTJH Savings Account | Tier | Split |
No | Account Product | Method of Interest Rate/indicative rate of return Calculation | |
Before 15 July 2025 | Starting from 15 July 2025 | ||
1 | Maybank/Maybank iB Current Account | Tier | Split |
2 | Maybank/Maybank iB Current Account Valas | Tier | Split |
3 | Maybank/Maybank iB Current Account Multi Currency | Tier | Split |
4 | Maybank/Maybank iB Current Account DHE SDA | Tier | Split |
Note: Changes for Sharia products only apply to products with Indicative Equivalent Rate calculations and Mudharabah Mutlaqah contracts.
The Tier Calculation Method is the calculation of interest rates/indicative rate of return by multiplying the total balance by the interest rate at the level according to the balance.
The Split Calculation Method is the calculation of interest rates/indicative rate of return by grouping balances according to the nominal limit of the interest rates/extra return table, then each group is multiplied by the interest rates/extra return limit. The interest rate that must be paid to Customer is calculated by adding up the multiplication results of each group.
With this change, all Maybank/Maybank iB Savings Account and Maybank/Maybank iB Current Account products in the system will mandatorily use the giro interest/service rate calculation method and Counter Split (S) Yield Indication.
Illustration of interest rates/indicative rate of return from Maybank/Maybank iB Savings Account and current account services from Maybank/Maybank iB Current Account that apply as follows:
Table of Interest (Ilustration) :
Account Balance (IDR) |
Interest rate/indicative rate of return from Maybank/Maybank iB Savings Account & Current Account Services from Maybank/Maybank iB Current Account (per annum/per year) |
≤ 5,000,000 |
0.00% |
> 5,000,000 - 100,000,000 |
0.25% |
> 100,000,000 - 500,000,000 |
0.75% |
> 500,000,000 – 1,000,000,000 |
1.25% |
> 1,000,000,000 |
1.50% |
Example:
A Customer have an account with balance IDR1,200,000.000
Calculation according to the following table :
End of Day Balance (IDR) |
Maybank Savings Account interest rate | Interest Rate (IDR) |
|||
Level 1 |
5,000,000 |
X |
0.00% |
/365 |
- |
Level 2 |
95,000,000 |
X |
0.25% |
/365 |
651 |
Level 3 |
400,000,000 |
X |
0.75% |
/365 |
8,219 |
Level 4 |
500,000,000 |
X |
1.25% |
/365 |
17,123 |
Level 5 |
200,000,000 |
X |
1.50% |
/365 |
8,219 |
Total |
IDR1,200,000.000 |
X |
34,212 |
Total daily interest rate (gross): IDR34,212
Interest rate tax value (20%) : IDR6,842
Total daily interest rate (nett) : IDR27,370
Interest rate before 15 July 2025 (Tier Method)
Interest Rate (gross) = account balance x % interest rate as account balance’s level x 1 (day)/365
End of Day Balance (IDR) |
Maybank Savings Account interest rate | Interest Rate (IDR) |
|||
Total |
IDR1,200,000.000 |
X |
1.50% |
/365 |
49,315 |
Total daily interest rate (gross): IDR49,315
Interest rate tax value (20%) : IDR9,863
Total daily interest rate (nett) : IDR39,452
For more information on product/services and 24/7 services, please call Maybank Customer Care at 1500611 or +622178869811 (abroad), or email to customercare@maybank.co.id (Monday – Friday at 08:00 – 20:00 WIB and Saturday – Sunday at 08:00 – 17:00 WIB).
Best Regards,
Maybank Indonesia