Maybank Privilege Plus Savings Account


Privilege Plus Savings Account

Privilege Plus Savings Account offers our privileged customers aged 50 years old and above with attractive interest rates on their savings and protects them with free personal accident insurance coverage.

Promotion

Privilege Plus Savings Account Promotion

Maximise your savings during your golden years with Maybank Privilege Plus Savings account. You can make the most out of your savings from this account, enjoy higher interest rates and complimentary insurance coverage.

What's more, you can choose to receive a Samsung Galaxy Tab A 7" Wi-Fi with S$38,000 deposit or a Bushnell Tour V4 Laser Rangefinder (Asian Pack) when you make a deposit of S$80,000 into your Maybank Privilege Plus Savings Account and register for PayNow at any Maybank branch today!




or

Deposit S$80,000 to receive a
Bushnell Tour V4 Laser
Rangefinder (Asian Pack)
retailing at S$515

 

Deposit S$38,000 to receive a
Samsung Galaxy Tab A
7” Wi-Fi retailing at S$168

Find out more

Overview

Attractive interest ratesAttractive interest rates


Exclusive privileges during birthday monthExclusive privileges1 upon sign up and during birthday month.

Complimentary InsuranceComplimentary Personal Accident Insurance, Accidental Medical Reimbursement and Permanent Disablement Benefits2

Withdraw cash for free at all Maybank and atm5 ATMs in SingaporeWithdraw cash for free at all Maybank and atm5 ATMs in Singapore

Birthday Privileges

Samsung Galaxy Tab

Bushnell Golf Tour

 

Receive a Samsung Galaxy Tab A 7” Wi-Fi (Retail Price S$168) with S$38,000 deposit or a Bushnell Golf Tour V4 Laser Rangefinder - Asian Pack (worth $515) when you make a deposit of S$80,000 into your MayBank Privilege Plus Savings Account and register for PayNow at any Maybank branch today!


Royal Plaza on Scotts

 

10% off weekend room rates at Royal Plaza on Scotts


15% off whole cake at Emicakes

 

15% off 1kg whole cake at The Fullerton Hotel Singapore


15% off whole cake at Emicakes

 

15% off whole cake at Emicakes
Valid for walk-in or advance order in-store and online purchase with "MAYBANK" promo code


AOX 

S$500 off any dispensers with promo code "MBBDAY" for online purchases
Featured AOX-800DD (U.P. S$999)


Nature's Farm

 

10% off regular-priced health supplements, honey and toiletries


Nature's Farm

 

S$5 off in-store regular-priced health supplements, honey, toiletries and promotional items (not exceeding 20% discount)


Amore 

S$78 nett Birthday Treats at Amore Fitness & Boutique Spa worth S$276.06



Welcome Privileges

Jade, The Fullerton Hotel  Singapore

 

15% off à la carte dinner food bill at Jade, The Fullerton Hotel Singapore


The Courtyard, The Fullerton Hotel Singapore

 

15% off afternoon tea at The Courtyard, The Fullerton Hotel Singapore


The Clifford Pier, The Fullerton  Bay Hotel

 

15% off à la carte dinner food bill at The Clifford Pier, The Fullerton Bay Hotel


Eu Yan Sang

 

Two-year free membership from Eu Yan Sang


Eu Yan Sang 

30% off premium Wild American Ginseng range from Eu Yan Sang


Allure Beauty Saloon

 

20% discount on M21 or Signature misty eyebrow embroidery services from Allure Beauty Saloon Pte Ltd


HAACH/ Dr HAACH

 

Reviva Rose Stem Cell Facial Treatment from HAACH/ Dr HAACH


Natural Healings 

Chiropractic trial inclusive of digital posture analysis, consultation and chiropractic adjustment from Natural Healings


Healthway Medical 

Silver Health Screening Package from Healthway Medical


Healthway Dental 

Dental Scaling & Polishing from Healthway Dental


Luxescalp 

Signature Herbal Scalp Treatment from Luxescalp

Maybank Privilege Plus Savings Account

Eligibility



  • Minimum age: 50 years old
  • Initial deposit:
    • S$500 (Singaporeans/Permanent Residents)
    • S$1,000 (Foreigners)

Documents Requirement for Singapore Citizens or Permanent Residents

    • NRIC

Documents Requirement for Foreigners

    • Passport
    • Employment Pass
    • Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass

Fees and Charges


Description
Fees and Charges
Fall-below fee (per month)
S$2 (Singaporeans and Permanent Residents)
S$5 (Foreigners)

When the monthly average balance falls below S$1,000
Early Account Closure
(within 6 months)
S$30 early account closure fee, if the account is closed within 6 months of opening
Others
Please click here to view the other Bank charges applicable for our services
Home Renovation Loan 
Home Renovation Loan 

Apply now




Useful Links

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1Terms and Conditions of the merchants involved in the promotion apply.
2Customer must maintain a minimum balance of S$30,000 and aged between 50 and 70 years old. For joint account, only the older account holder will be entitled to the complimentary personal accident insurance coverage. This includes Accidental Medical Reimbursement Benefit (AMR) where the claim on the medical expenses as a result of a Bodily Injury will be based upon production of original receipts, up to S$500 per event. The total claims incurred in one Bodily Injury must exceed S$50. Subject to 1st medical expense incurred within 4 weeks of accident and medical expenses incurred for the same event must not exceed 1 year. Also, Accidental Permanent Disablement Benefit (APD), the insured person must sustain Bodily Injury which results in his/her Permanent Disablement to be eligible to the claim of up to a maximum of S$30,000. It is a one-time claim under this benefit. Once a claim is settled, the coverage for the insured person is terminated.

 

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 Retirement 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.


Important Notices

Avoid possible suspension of your unsecured credit facilities

Credit Card

Refer your friends to apply for Maybank Credit Cards and be rewarded with S$60 Cash Credit!

Receive a complimentary Samsonite Orfeo Luggage worth S$420 with Maybank Cards and Creditable

Online Security

Find out how we've made M2U secure — and how you can keep your online banking experience worry free

Card Usage Security

To update your contact details for SMS Transaction Alerts and One-time Authorisation Codes for online purchases, please click here for the relevant forms.