maybank2u

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!



Note: Save Up Programme will be revised from 1 April 2019:
Frequently Asked Questions on the revisions Terms and Conditions

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$60,000 (will be revised to S$50,000 from 1 April 2019) 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$60,000 (will be revised to S$50,000 from 1 April 2019) of the deposit.

Save Up Programme Interest Calculator
 
Your Account Balance:

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


Credit Cards^

  • Applicable to Maybank Platinum Visa Card and Horizon Visa Signature Card only

  • Charge a monthly minimum spend of S$500 on either Card to qualify

GIRO*

  • Minimum total transaction amount of S$300 per month to qualify

  • For payments to other Billings Organisations only. Payments to Maybank and Etiqa Insurance are excluded

Salary Credit Service*

  • Minimum S$2,000 payroll via GIRO per month to qualify

Education Loan

  • Minimum new loan amount of S$10,000 to qualify (for 12 months from 1 April 2019)

Hire Purchase Loan

  • Minimum new loan amount of S$35,000 to qualify (for 12 months from 1 April 2019)

Home Loan

  • Minimum new loan amount of S$200,000 to qualify (for 12 months from 1 April 2019)

 


Life Insurance

  • Minimum annual premium of S$5,000 per eligible policy underwritten by Etiqa Insurance Pte Ltd to qualify (for 12 months from 1 April 2019)

Renovation Loan

  • Minimum new loan amount of S$10,000 to qualify (for 12 months from 1 April 2019)

Unit Trust

  • Minimum S$30,000 investment to earn bonus interest for 12 months or

  • Minimum monthly investment amount of S$300 to qualify (no longer eligible as a Qualifying Product from 1 April 2019)

^For avoidance of doubt, the Programme does not apply to Horizon Platinum Visa Card and other Platinum Visa Cards as categorised by Maybank at its sole discretion.

*GIRO and Salary Credit Service will be combined as 1 Qualifying Product from 1 April 2019

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+
Insurance+
Salary Crediting+
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$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.

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


Terms and Conditions for Save Up Programme