Maybank: 1.40% to 1.80% p.a. Time Deposit Promo from 11 Jul 2016

Maybank 2 Mar 2015
ON TODAYUnknown End Date
Starts11 Jul 2016 (Mon)Ends31 Dec 2016 (Sat) (estimated)
Location Maybank

For a limited period only, enjoy up to 1.80% p.a. when you place a iSAVvy Time Deposit online with just S$25,000!

iSAVvy Time Deposit
(Placement via Maybank Online Banking)
1.40% p.a.1.55% p.a.1.80% p.a.

Promotional rates are based on per annum and subject to change without notification.

Login to Maybank Online Banking to place a deposit into iSAVvy Time Deposit:

  1. Step 1: Select Account >Time Deposit > Singapore Dollar Time Deposit > iSAVvy Time Deposit
  2. Step 2: Select the account to debit funds for this placement
  3. Step 3: Agree to confirm the placement

You must have a Maybank savings or current account and Online Banking account to make the placement online.

Terms and Conditions

  • Promotional rates are applicable from 11 July 2016 for a minimum placement amount of S$25,000 for both iSAVvy Time Deposit via Maybank Online Banking (for individuals only).
  • Deposit placed into iSAVvy Time Deposit must be debited from customer’s existing Maybank Savings or Current account via Maybank Online Banking.
  • For placements via Online Banking, an upfront interest of 0.25% p.a. will be credited into customer’s Savings or Current account, opened and/or maintained with Maybank, on the next business day following the successful placement of the iSAVvy Time Deposit. The remaining interest will be paid upon maturity. For example, S$25,000 placement into 12-month tenure at 1.50% p.a., customer will receive upfront interest of 0.25% p.a. in customer’s Maybank Savings or Current account the next business day while the remaining interest amounting to 1.25% p.a. shall be credited on maturity at the end of the 12-month period.
  • 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 Maybank Branches in Singapore.
  • Other Terms and Conditions governing iSAVvy Time Deposit apply.

For more info, click here

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