Do you know how much interest will you get if you keep your money in your bank savings account nowadays? Someone has asked me which bank savings account work best, MayBank or Public Bank? I told him that basically, all savings accounts are the same. The main purpose is for us to save money only. Without consuming lot of time, I told him that he should open a savings account at a bank, which is convenient for him to do transaction or finding the one that is near to his home. This is because there is slight difference in interest rates.

Here are some of the savings account interest rates obtained from the banks’ latest updated information:

So, from this comparison, you will found that Maybank Basic Savings Account offers better interest which is 0.25% for balance <= RM10,000.

If you still insist to keep your money into savings account, then you can go ahead. For me, it is wiser to keep a minimal amount of your money in savings account, just good enough for your regular spending or emergency spending.

My Bad Experience With Maybank

Previously, I had nothing but compliments for Maybank. Over the counter transactions were efficient enough. However, an incident about a week ago totally changed my perception. It all happened a few days ago when I wanted to deposit money into Maybank Fixed Deposit. I found out that the Maybank counter staff keep on talking with other customer even I am the first customer that should be served first. I do not like this kind of scenario due to my serving time being shared with others.