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Benefits of Save Up Programme

 

1 savings account. Choice of 9 products and services.
Up to 3% p.a. interest.

 

With Save Up Programme, enjoy the flexibility of using one platform to spend, save, invest, and much more.
Start customising the programme to your life's plans today!

How to earn up to 3% p.a interest?

Open a SaveUp Account and choose our products and services to earn additional interest on the first S$50,000 on your account.

Base interest up to 0.3125% p.a.

+

1 product or service
earns you additional interest of 0.3% p.a.*
or
2 products or services
earn you additional interest of 0.8% p.a.*
or
3 products or services
earn you additional interest of 2.75% p.a.*
What are the available products?

*Additional interest capped at first S$50,000 of the deposit.

Save Up Programme Interest Calculator
 



Number of Products and services with us:
1   2   3  

 

Base Interest:
BASE INTEREST GOES HERE

Bonus Interest:
BONUS INTEREST GOES HERE

Total Interest:
TOTAL INTEREST GOES HERE

 

9 products and services to choose from

 
QUALIFYING PRODUCTS
MINIMUM TRANSACTION AMOUNT
BONUS INTEREST PERIOD
(Months)

SAVE
GIRO Payment*
(To other billing organisations)

AND/OR

Salary Crediting*
(Via GIRO or Maybank Payroll)
S$300 monthly
1
S$2,000 monthly

SPEND
Card
(Transact with Maybank Platinum Visa Card and/or Horizon Visa Signature Card)
S$500 monthly
1

INVEST
Structured Deposits
S$30,000
3
Unit Trusts
S$25,000 cash investments
12

INSURE
Regular Premium Insurance
S$5,000 in annual premium
12

BORROW
Home Loan (excludes Equity Loan)
S$200,000
12
Car Loan
S$35,000
12
Renovation Loan
S$10,000
12
Education Loan
S$10,000
12

*If you meet the minimum salary credit amount and/or the minimum aggregate GIRO debit amount stated in the table above, it will be considered as 1 Qualifying Product.

What you need to know

Minimum age: 18 years old
Initial amount: S$500 for Singaporeans and Permanent Residents
S$1,000 for foreigners

Minimum average daily
balance for the month:
S$1,000
Fall below fee: S$2
Early closure
(within 6 months):
S$30
Other requirement: Holds a Debit Card linked to the SaveUp Account

Questions that you may have

General+
Bonus Interest+
Loans+
Credit Card+
Unit Trust+
Structured Deposits+
Insurance+
Salary Credit Service+
GIRO+

Ways to apply

Online
For Singaporeans or Permanent Residents only
Online Banking
For existing Maybank savings customers
At the branch
Visit us at any of our branches
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 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$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

This advertisement has not been reviewed by the Monetary Authority of Singapore.


Terms and Conditions for Save Up Programme