Reach out for higher ground | Maybank Singapore


Reach out for higher ground

Reach out for higher ground

Get your fill of higher savings of up to 1.90% p.a. in iSAVvy Savings Account, an online savings account!

Open a new iSAVvy account online now and receive S$20 cash bonus.

Open an account online now

Terms and conditions apply

Rates in January and February 2020:



Incremental Average
Daily Balance (ADB) (S$)


Base Rates
(% p.a.)
January and February 2020

Bonus Rates
(% p.a.)

Total
(% p.a.)

10,000 to < 50,000
0.30
1.60

1.90
50,000 to < 200,000
0.38
1.52
200,000 to 1mil
0.50
1.40

The rates above are subject to change without notification. Subject solely to the Bank's discretion, this promotion is applicable to our Shariah-compliant products.

In the event that we offer a higher bonus rate on iSAVvy Savings Account during the Promotion Period, you will enjoy the higher bonus rate on your incremental balance for that month.

Use FAST to do an interbank fund transfers from other participating banks into your Maybank iSAVvy Savings Account to enjoy this promotion now.

Note:
For foreigners, please apply at any of our Maybank branch.

Exclusively for Clients of Maybank Premier, enjoy up to 1.35% p.a. on your Prestige Savings Account.

Exclusively for clients of Maybank Premier, enjoy up to 1.90% p.a. on your Prestige Savings Account.

Click here to find out more.

Terms and Conditions

  • This Promotion is available from 1 January to 29 February 2020.
  • The eligible accounts in this Promotion are iSAVvy Savings Account and iSAVvy Savings Account-i.
  • Bonus interest/dividend is awarded on the incremental average daily balance in the Account during the Promotion Period against the average daily balance in December 2019. The Average Daily Balance of the Account is determined by computing the sum of every day-end balance in the Account that month divided by the number of days in that month.
  • The Incremental ADB must be a minimum of S$10,000 and a maximum of S$1,000,000 for iSAVvy Savings Account and iSAVvy Savings Account-i, and a minimum of S$20,000 and a maximum of S$3,000,000 for Prestige Savings Account to be eligible for the Bonus Interest/Dividend.
  • In the event that the Maybank offers Bonus Interest/Dividend rates on the Incremental Balance which are higher than the Bonus Interest/Dividend rates as stated in this marketing material, Account Holders will enjoy the higher Bonus Interest/Dividend rates on the Incremental Balance applicable for that month during the Promotion Period, subject to the same terms. In the event that the Bonus Interest/Dividend rates are lower than those stated in this marketing material, the Bonus Interest/Dividend rates in this marketing material will continue to apply during the Promotion Period.
  • Prevailing Base Rates will apply after the Promotion.
  • Full Terms and Conditions governing this Promotion applies.

Terms and Conditions of Fresh Funds Top-up Promotion (PDF)

S$20 Cash Credit Terms and Conditions

  • This Promotion is applicable to the first 888 newly opened Isavvy Savings Account or Isavvy Savings Plus Account approved between 1 January and 29 February 2020 (Promotion Period)
  • The channel of account opening must be either Online or Mobile Banking
  • Each customer is limited to one Bonus Cash credit of S$20 regardless of the number of accounts opened.
  • Bonus Cash will be credited to the Account within 10 business days in the following month or on such other date as determined by Maybank. In the event that the Account is closed before the Bonus Cash is credited, no Bonus Cash shall be paid to the Account Holder.  
  • Bonus Cash award cannot be exchanged for gifts or vouchers.
  • Other terms and conditions apply.

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.

Next steps

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iSAVvy Savings Account