Benefits

• "Hibah" or "token" in the form of dividends may be distributed at the Bank's discretion
• Easy cash withdrawals via your Maybank Platinum Debit Card or ATM Card
  • Withdraw cash (no transaction fee) from ATMs in Singapore via the atm⁵ shared ATM network
  • Withdraw cash in local currencies from Maybank ATMs in Brunei, Cambodia, Indonesia*, Malaysia, Singapore and the Philippines
• Easy transaction monitoring- update your passbook at any Branch or Passbook Update Machine to view transaction details.
• 24-hour account access via our ATMs, cash deposit machines, PhoneBanking (Dial-Link) and Maybank2u.com.sg

Minimum initial deposit

• S$10 for Singaporeans, Singapore Permanent Residents
• S$500 for Foreigners

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

• Singapore Citizens, Singapore Permanent Residents
  • S$2 a month service fee; waived with a minimum average daily balance of S$200
• Non-residents
  • S$5 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 enjoy the convenience of an everyday account, apply for your Savings Account-i at any of our 22 Branches in Singapore.

Terms and conditions (PDF)

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.