Place an iSAVvy Time Deposit online and earn up to 1.15% p.a. Enjoy 0.90% p.a. On 12-month or 1.15% p.a. On 24-month iSAVvy Time Deposit when you place your deposit online or via Maybank2u SG app! Maybank's iSAVvy Savings Plus Account allows you to earn up to 1.56% p.a. If you increase your average daily balance for a 6 months period. The base interest rate for iSAVVy Savings Plus ranges from 0.1875% - 0.25% p.a., depending on your account balance.
Each customer is only allowed to hold one iSAVvy Savings Account. If you already have an account, you may create Sub-accounts via Online Banking to help you allocate your funds for different purposes.
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| Starts | 1 Jan 2020 (Wed) | Ends | 29 Feb 2020 (Sat) |
|---|---|---|---|
| Location | Maybank |
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Get your fill of higher savings of up to 1.90% p.a. in iSAVvy Savings Account, an online savings account
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 3mil | 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 Shariah-compliant products.
In the event that Maybank offers 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.
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.
For more info, click here
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Maybank iSAVvy Time Deposit
Grow your money with iSAVvy Time Deposit - the online Singapore Dollar time deposit that gives you one of the highest time deposit interest rates in Singapore.
Promotion
Deposit online and earn 1.75% p.a. With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit |
Overview
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Eligibility
- Minimum age: 16 years old
- Initial deposit: S$5,000
- Time Deposit principal will be debited from this account
- Interest and principal upon deposit maturity will be credited to this account
- Maintain any Maybank Savings or Current account with Maybank Online Banking access
Fees and Charges
Fees and Charges |
Please click here |
Useful Links
Maybank Isavvy Deposit Rate
Apply now |
Maybank Isavvy Savings Plus Account Review
TOPImportant information
The iSAVvy Time Deposit is a deposit account that can only be operated via Maybank Online Banking. No statement or advice will be issued. iSAVvy Time Deposit does not allow for partial withdrawal and top-up of the principal amount. For premature withdrawal, the entire interest paid upfront will be returnable to the Bank through a deduction from the iSAVvy Time Deposit principal amount. No interest-on-interest will be paid. Such premature withdrawal can only be made at any of our Maybank branch in Singapore.
Maybank Isavvy Interest
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.