With the SaveUp Account, you'll enjoy the convenience of a statement-based account without the hassle of passbook updates. We'll mail the statements directly to you.

With attractive interest rates, saving money is easy with the SaveUp Account.

Benefits

• Hassle-free updates with account statements mailed directly to you every 2 months
• Easy cash withdrawals via your Maybank Platinum Debit Card or ATM Card
  • Withdraw cash (no transaction fee) from ATMs in Singapore via the atm⁵ QFB 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

Interest rate

Higher interest rates than Passbook Savings Account

Minimum initial deposit

S$10

Who can apply

• Singapore Citizens and Singapore Permanent Residents
• Minimum 15 years of age

Required documents

• Singapore Citizens, Singapore Permanent Residents – Singapore NRIC

Fees and charges

S$2 monthly service fee; waived with a minimum average daily balance of S$500

Apply for the SaveUp Account here, or visit any of our 22 Branches in Singapore. For foreigners working and/or residing in Singapore, application is at Branches only.

Terms and conditions (PDF)

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.