iSAVvy Savings Account-i
24-hour access via online banking and ATMs; account may be opened in your child's name as a trust account with you as the sole account operator; be rewarded for your loyalty with a special dividend-on-dividend feature
Key info
- Minimum 15 years of age
- Minimum deposit of S$10
- "Hibah" or "token" in the form of dividends may be distributed at the Bank's discretion
With an iSAVvy Savings Account-i, you'll enjoy 24/7 access to your account via online banking, phone banking and ATMs. You'll also be rewarded for your loyalty through a special dividend on dividend* feature.
Benefits
- "Hibah" or "token" in the form of dividends may be distributed at the Bank's discretion*
- Special dividend on dividend feature
- Easy cash withdrawals via your Maybank Platinum Debit Card or ATM Card
- Withdraw cash (no transaction fee) via the atm5 shared ATM network
- Withdraw cash in local currencies from Maybank ATMs in Brunei, Cambodia, Indonesia**, Malaysia, Singapore and the Philippines
- 24-hour account access via our ATMs, cash deposit machines, PhoneBanking (Dial-Link) and Maybank2u.com.sg
| * | If dividend on dividend is declared, only accounts that have an average monthly balance of S$5,000 over a 6-month period are eligible for it. This dividend will be credited on the first calendar day after the end of the 6-month period, based on the dividend rate prescribed by the Bank. |
| ** | Bank Internasional Indonesia (BII) ATMs |
Minimum initial deposit
S$10
Who can apply
- Singapore Citizens, Singapore Permanent Residents, Foreigners
- Minimum 15 years of age
- Available as a personal or joint account
- For young individuals below 15 years of age, the account may be opened in the name of the parent or legal guardian as a Trust Account.
Required documents
- Singapore Citizens, Singapore Permanent Residents – Singapore NRIC
- Foreigners – Passport, Employment Pass/Work Permit
Fees and charges
- S$2 a month service fee; waived with a minimum average daily balance of S$500
- Fees and charges may apply for over-the-counter and other transactions
To apply for your iSAVvy Savings Account-i, visit any of our 22 Branches in Singapore.
Questions? Our FAQ may help.
Note:
Singapore dollar deposits of non-bank depositors placed with the Bank are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor as prescribed in the Deposit Insurance and Policy Owners’ Protection Schemes Act (“Act”). Singapore dollar deposits under the CPF Investment Scheme are separately insured up to S$50,000 in aggregate per depositor as prescribed in the Act. Structured deposits and other investment products are not insured under the scheme.
Important Notices
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