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MY - EN

What is CIMB YOUth Savers Account?


It is a savings account designed for young individuals aged 12 to 24 offering more than just a place to grow their money. It allows them to use and manage their own accounts - so that they can be better prepared for their next phase of life.

Check out the latest enhanced features

CIMB YOUth Savers Account/-i Campaign

Open a CIMB YOUth Savers Account/-i to protect your child's savings and smart devices.

Campaign Period: 1 March 2025 - 28 February 2026

Terms and Conditions apply.

Member of PIDM.

Find out more
CIMB YOUth Savers Account/-i

Benefits at a glance

 

Works like any other savings account

 

 

Empower your child to operate their own account
 
 

 

Get more when you
save more

 

 

Earn interest as your child saves more. 
Watch their money grow with them
 
 

 

Great deals!



 

Debit cards issued comes with
amazing perks and rewards
 
 

Benefits & Privileges

Promotion High Interest Rate Bonus Interest Freedom & Control
Promotion
High Interest Rate
Bonus Interest
Freedom & Control

Eligibility

  • Individuals aged 12 to below 24
  • Upon reaching 24 years old, the account will be automatically converted to a regular savings account (statement)
  • No joint account allowed

 

Protected by PIDM up to RM250,000 for each depositor. To view PIDM's brochure, click here.

Requirements

  • NRIC or passport
  • Minimum initial deposit of RM100
  • If you are aged between 12 to below 18 years: 

- Your parent or legal guardian is needed to be     

  present and sign the indemnity letter for issuance

  of debit card; and

- Bring along birth certificate and School

  Acceptance Letter / Student Identification Card

  (if any).

 

Interest Rates

Balance (RM) Interest Rates (% p.a.)
First 5,000 0.20
5,000.01 - 10,000 2.00
Above 10,000 0.40

Effective 07 March 2025.

Fees and Charges

Youth Savers Account

Terms and Conditions

Generic Savings Account
Savings Account Terms and Conditions (ENG)
Savings Account Terms and Conditions (BM)
Bonus Interest
Bonus Interest Terms and Conditions
Campaign Terms & Conditions
CIMB YOUth Savers Account/-i Campaign Terms & Conditions (ENG)
CIMB YOUth Savers Account/-i Campaign Terms & Conditions (BM)

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