iSAVvy Savings Account Promotion
	Get S$50 Cash Credit for every S$30,000 fresh funds deposited with iSAVvy Savings Account and stand to win a Samsung GALAXY Note 10.1 LTE! Find out more

Benefits

• ^NEW! Enjoy 10-year annual fee waiver** when you apply for the Maybank Horizon Platinum Visa Card via Maybank2u.com.sg (Online Banking)
• Complimentary travel insurance¹ with a balance of at least S$200,000
• Create iSAVvy Sub-accounts to help you reach your savings goals
• Enjoy free insurance coverage² if you maintain a total balance of at least S$100,000 in iSAVvy Account(s)
  • Personal accident insurance coverage of up to S$250,000
  • Daily Cash Benefit of S$50 per day for Hospital Admission due to accident
  • Accidental Medical Reimbursement of S$500 per accident
• 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, Papua New Guinea and The Philippines.
  • Withdraw cash at any Cold Storage, Giant, Guardian, and SingPost outlets with EPINS^® CashOut™  each time you make a purchase or pay your bills through EPINS^®
• Pay for your purchases at any EPINS^® participating merchants' outlets
• Make bill payments at any AXS Stations located island-wide
• 24-hour account access via our ATMs, cash deposit machines, PhoneBanking (Dial-Link) and Maybank2u.com.sg

Interest rate

• Attractive interest that is calculated daily and credited monthly
• 6% interest-on-interest * for accounts with an average monthly balance of at least S$5,000 to below S$100,000
• 18% interest-on-interest* for accounts with an average monthly balance of at least S$100,000 to below S$200,000

Account Opening Requirements

• Minimum initial deposit of S$10
• Minimum 16 years of age
• Singapore Citizens, Singapore Permanent Residents – Singapore NRIC
• Foreigners – Passport and Employment Pass or Work Permit

Fees and charges

• S$2 monthly service fee; waived with a minimum average daily balance of S$500
• S$30 early account closure fee, if the account is closed within 6 months of opening
• Fees and Charges apply for over-the-counter transactions
• Please click here to view the other Bank charges applicable for our services.

Apply for the iSAVvy Savings Account here, or visit any of our 22 Maybank Branches in Singapore.

Terms and conditions (PDF) 

Questions? Our FAQ may help.

Important information

The iSAVvy Savings Account is a deposit account that can only be operated via Maybank Platinum Debit Card, ATM/ATM MasterCard Electronic Card, phone banking (Dial-Link) and Maybank2u.com.sg. No passbook or monthly statements will be issued. Account holders must view their transaction records via Maybank2u.com.sg. Closure of account can only be done at the Branches.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Minimum Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.