Spend, save, invest with the Save Up Programme| Maybank Privilege

Benefits of Privilege Save Up Programme

1 savings account. Choice of 10 products and services.
Up to 3% p.a. interest.

With Privilege 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!


Don’t have an existing SaveUp Account?
Open a SaveUp Account online now to receive a free Samsonite luggage!

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

Open a SaveUp Account and choose our products and services to earn bonus interest on the first S$100,000 on your account.

X

Base Interest

SaveUp Account

First S$3,000 0.1875% p.a.
Next S$47,000 0.2500% p.a.
Remaining Balance above S$50,000 0.3125% p.a.
+

1 product or service

earns you bonus interest of

0.3% p.a.*

2 products or services

earns you bonus interest of

0.8% p.a.*

3 products or services

earns you bonus interest of

2.75% p.a.*

*Bonus interest capped at first S$100,000 of the deposit.

Privilege Save Up Programme Interest Calculator

 
S$30,000


Number of Products and services with us:
1   2  3  

Base Interest:
S$73.13

Bonus Interest:
S$90.00

Total Interest:
S$163.13

 

10 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$500 monthly
1
S$4,000 monthly
Deposits
(Average Daily Balance in your eligible Maybank SaveUp Account)
S$200,000
1

SPEND
Card
(Transact with Maybank Platinum Visa Card and/or Horizon Visa Signature Card)
S$800
1

INVEST
Dual Currency Investments
(With minimum period of 14 days)
S$50,000
1
Structured Deposits
S$50,000
3
Unit Trusts
S$50,000 cash investments
12

INSURE
Regular Premium Insurance
S$7,000 in annual premium
12
Single Premium Insurance
S$100,000
12

BORROW
Home Loan
(excludes Equity Loan)
S$400,000
12
Car Loan
S$50,000
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.

Eligibility

Minimum age:18 years old

Initial amount :S$500 for Singaporeans and Permanent Residents S$1,000 for foreigners

To be eligible for the Programme, the SaveUp Account needs to be linked to a Maybank Debit Card.

Fees and Charges

  • Minimum Balance Fee: S$2 monthly service fee* per month if average daily balance falls below S$1,000
  • Early Account Closure: S$30 (If account is closed within 6 months)

*S$2 monthly service fee will be waived for accounts where one of the account holders is below 25 years old.

Questions that you may have

General
Bonus Interest
Loans
Credit Card
Unit Trust
Structured Deposits
Insurance
Dual Currency Investments
Salary Credit Service
GIRO
Deposits

Apply now

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 Privilege Save Up Programme >