Maybank Youngstarz Savings Account



Maybank Passbook Savings Account

Enjoy one of the best interest rates in town and keep track of your transactions with a handy passbook with this account.

Overview

Attractive interest ratesAttractive interest rates


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

Round-the-clock service with Online and Mobile BankingRound-the-clock service with Online and Mobile Banking

Make payment at all NETS and FlashPay acceptance pointsMake payments at all NETS and FlashPay acceptance points with Maybank Platinum Debit Card

Eligibility



  • Minimum age: 16 years old
  • Initial deposit:
    • S$500 (Singaporeans/Permanent Residents)
    • S$1,000 (Foreigners)
    • S$0 (Foreigners with Work Permit)

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

Documents Requirement for Foreigners with Work Permit

    • Passport
    • Work Permit
    • 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 Work Permit
    • Your employer needs to be processing salary payment through Maybank


This account is available to Clubs and Societies too.

Fees and Charges


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



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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.