AbstractThis study investigates the regional and seasonal rainfall rate retrieval uncertainties within nine state‐of‐the‐art satellite‐based rainfall products over the Maritime Continent (MC) region. The results show consistently larger differences in mean daily rainfall among products over land, especially over mountains and along coasts, compared to over ocean, by about 20% for low to medium rain rates and 5% for heavy rain rates. However, rainfall differences among the products do not exhibit any seasonal dependency over both surface types (land and ocean) of the MC region. The differences between products largely depends on the rain rate itself, with a factor 2 difference for light rain and 30% for intermediate and high rain rates over ocean. The rain‐rate products dominated by microwave measurements showed less spread among themselves over ocean compared to the products dominated by infrared measurements. Conversely, over land, the rain gauge‐adjusted post–real‐time products dominated by microwave measurements produced the largest spreads, due to the usage of different gauge analyses for the bias corrections. Intercomparisons of rainfall characteristics of these products revealed large discrepancies in detecting the frequency and intensity of rainfall. These satellite products are finally evaluated at subdaily, daily, monthly, intraseasonal, and seasonal temporal scales against high‐quality gridded rainfall observations in the Sarawak (Malaysia) region for the 4 year period 2000–2003. No single satellite‐based rainfall product clearly outperforms the other products at all temporal scales. General guidelines are provided for selecting a product that could be best suited for a particular application and/or temporal resolution.