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As a parent, you want to give the best to your child. So start planning for their future now and cultivate good money habits by encouraging them to save with Youngstarz - the new generation savings account. You will earn interest that is calculated daily and credited monthly.
What's more, this junior savings account comes with free personal accident insurance coverage, giving you extra assurance that your child is well protected. |
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| Eligibility |
| To open a Youngstarz Account, your child needs: |
- To be below 18 years of age
- A minimum deposit of S$10 (Free Personal Accident insurance coverage starts with a minimum deposit of S$500)
- To maintain a minimum average daily balance of just S$500 to enjoy a waiver of S$2 monthly service fee
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Benefits
With Youngstarz Account, your child will enjoy these marvellous benefits: |
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Attractive Interest – One of the highest interest rates in town for a children's savings account
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Free Personal Accident Insurance* – Covers you and your child, worldwide. Protects against accidental death or permanent total disablement with a lump sum payout of up to 7 times the account balance.
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Option to enjoy additional protection with Youngstarz Pack - Daily Hospital Cash Benefit for Hand, Foot and Mouth Disease, Measles, Chicken Pox, Hepatitis A and more
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Youngstarz Account Passbook – Encourages your child to save by giving him the satisfaction of seeing his money grow
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Youngstarz Club – Year-long discounts and privileges, exclusive events and workshops for clubmembers
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Youngstarz Plus – a benefits package that makes long term, regular saving really worthwhile
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That’s not all! For a limited period only, your child will receive a limited edition mousepad-cum-photoframe^ when you open a Youngstarz Account. New Youngstarz Accounts opened or existing accounts topped-up with a minimum deposit of S$1,000, earmarked for six months, will receive an exclusive Youngstarz haversack^. |
Apply now or visit any of our 22 Branches in Singapore.
* Terms and Conditions apply
^Gifts are available while stocks last and Maybank reserves the right to vary or substitute with another gift of comparable value at its sole discretion. Limited to one gift per account.
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| Copy of the Terms and Conditions may be downloaded or obtained from any of our 22 Branches. |
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Singapore dollar deposits ("insured deposit") placed by an individual (excluding sole proprietorships and partnerships), charity or such persons prescribed in the Deposit Insurance Act 2005 (the "Act") with the Bank will be insured pursuant to the terms of the Act and up to the amounts provided for in the Act. The insured deposit that is insured under the Act has the meaning prescribed in the Act. |
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