Products · Savings Accounts
Best Savings Accounts Malaysia 2026
High-yield savings and digital bank accounts in Malaysia. See current rates, minimum balance, and PIDM protection.
Looking for our top picks? Our editors ranked the best savings accounts in Malaysia.
6 products · sorted by editor rating
Boost Bank
Boost Bank Savings Account
Digital Bank
Rate
3.50%p.a.
- +Up to 3.50% p.a. — among the best rates for no-lock-in savings
- +No minimum balance requirement
- +PIDM insured
4.2/10
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GX Bank (Grab)
GX Bank Save
Digital Bank
Rate
3.00%p.a.
- +3.00% p.a. — among the highest for instant-access savings in Malaysia
- +No minimum balance to earn full interest
- +No lock-in — withdraw anytime
4.0/10
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Alliance Bank
Alliance OneAccount
Licensed Bank
Rate
0.50% – 1.80%p.a.
- +1.80% p.a. on qualifying balances — among the highest for conventional bank savings
- +No lock-in — access your money anytime
- +PIDM insured
3.5/10
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Maybank
Maybank SaveUp Account
Major Bank
Rate
0.35% – 0.55%p.a.
- +Maybank has the largest ATM and branch network in Malaysia
- +PIDM insured
- +Linked to Maybank2u for transfers and bill payment
3.0/10
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CIMB Bank
CIMB eSaver Account
Major Bank
Rate
0.40% – 0.60%p.a.
- +PIDM insured
- +CIMB OCTO app integration — easy fund transfers
- +No monthly fee
3.0/10
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BSN (Bank Simpanan Nasional)
BSN Savings Account
Major Bank
Rate
0.30% – 0.40%p.a.
- +RM0 minimum balance — no dormancy penalty for inactive accounts
- +PIDM insured
- +Widest rural branch network in Malaysia
2.8/10
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