Maybank SG Offers Up To 2% p.a. fresh funds top-up promo till 31 Oct 2026

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Maybank Singapore Fresh Funds Top-up Promotion

Looking for a short-term place to park spare Singapore-dollar cash while keeping funds in a savings account? 💹 Maybank Singapore’s Fresh Funds Top-up Promotion from 1 Sep to 31 Oct 2026 offers a total rate of up to 2.00% p.a., but this is not a single 2.00% rate applied to Incremental ADB: the promotional bonus is paid on eligible Incremental ADB, while the prevailing base interest or dividend is earned on the account’s entire deposit balance.

The promotion covers the iSAVvy Savings Account, iSAVvy Savings Account-i and Prestige Savings Account. The important figure is not simply the current account balance: bonus interest or dividend is determined from the Incremental Average Daily Balance (Incremental ADB) for each promotional calendar month compared with the account’s Aug 2026 ADB. Fresh-funds conditions must also be met.

This revised Sep/Oct offer improves on the previous Jul/Aug 2026 promotion. It also updates the earlier Sep/Oct version: Maybank’s current promotion page now shows a 1.80% p.a. bonus rate for the applicable lower tiers, up from 1.48% p.a. in the earlier version. Maybank’s Terms and Conditions say that when a higher bonus rate is offered, Account Holders will enjoy the higher rate on Incremental ADB applicable for that month. The live Maybank materials do not separately state an effective day for this revision or describe daily proration within Sep 2026.

Promotion highlights 🎉

• Promotion period: 1 Sep to 31 Oct 2026 ⏳
• Promotional rate: Up to 2.00% p.a. across the qualifying tiers shown below 💹
• Eligible accounts: iSAVvy Savings Account, iSAVvy Savings Account-i and Prestige Savings Account ✅
• Minimum Incremental ADB: S$20,000 for all three eligible account types.
• Reference balance: Aug 2026 ADB is used to calculate Incremental ADB for existing accounts 🧾
• New accounts: Eligible accounts opened from 1 Sep to 31 Oct 2026 have their Aug 2026 ADB treated as S$0.
• Fresh funds required: Maybank cheques and transfers from existing Maybank accounts do not qualify 🚫
• Whole Incremental ADB gets the applicable bonus tier: Once a tier is reached, its bonus rate applies to the entire Incremental ADB for that calendar month, not only the amount above a tier threshold.

How Incremental ADB works 📊

Start with the Average Daily Balance for the relevant promotional month and subtract the Aug 2026 Average Daily Balance. The difference is the Incremental ADB.

For an existing account, Average Daily Balance is calculated by adding every day-end balance in the calendar month and dividing the total by the number of days in that month. Maintaining a higher balance earlier and for more days will generally contribute more towards the month’s ADB. For an eligible account opened during the promotion, Aug 2026 ADB is treated as S$0 and, in the opening month, ADB is instead divided by the number of days the account has been open in that month.

September and October are assessed separately. Incremental ADB and the applicable bonus tier are determined for each promotional calendar month. Meeting the S$20,000 minimum Incremental ADB in one month does not by itself mean the other promotional month also qualifies.

Simple example: If Aug 2026 ADB was S$30,000 and a promotional month’s ADB reaches S$55,000, the Incremental ADB is S$25,000. That clears the S$20,000 minimum and falls within the 1.80% p.a. bonus tier.

iSAVvy Savings Account and iSAVvy Savings Account-i rates

Prestige Savings Account rates

How to read the Total Rate column: The bonus rate is applied to the entire eligible Incremental ADB, while prevailing base interest or dividend is earned on the account’s entire deposit balance. The prevailing base-rate tier depends on the account balance rather than Incremental ADB alone, so the displayed 2.00% p.a. should not be treated as a flat 2.00% rate applied to every dollar of Incremental ADB.

How Maybank’s 2026 fresh-funds headline rate has moved 📈

The revised rate puts the current headline rate at the highest level among the Maybank fresh-funds rounds tracked above for 2026 so far.

How to take part 📝

1. Hold one of the three named account types. The promotion covers new and existing iSAVvy Savings Account, iSAVvy Savings Account-i and Prestige Savings Account holders. Maybank’s dedicated promotion page currently provides application links for iSAVvy and iSAVvy-i; account opening remains subject to the relevant product requirements and availability.
2. Bring in qualifying fresh funds. Maybank cheques and transfers from existing Maybank account balances do not qualify.
3. Build at least S$20,000 of Incremental ADB. For an existing account, the promotional month’s ADB must be at least S$20,000 above the Aug 2026 ADB to meet the minimum Incremental ADB requirement.
4. Keep day-end balances in mind. For an existing account, maintaining a higher balance for more days generally has a greater impact on full-month ADB.
5. Review the detailed promotion rules. Read the official Terms and Conditions (PDF) 📄 before moving a sizeable sum.
6. Need in-person assistance? Check the Maybank Singapore branch and ATM locator.

Practical checks before moving cash 💡

• Check Aug 2026 ADB first: A high current balance does not necessarily mean a high Incremental ADB. Only the increase over the Aug reference ADB counts towards the promotional bonus.
• Stay above the S$20,000 minimum: An Incremental ADB below S$20,000 will not qualify for the promotional bonus for that month.
• For existing accounts, consider timing: An earlier qualifying top-up generally contributes to more day-end balances and can lift full-month ADB.
• For new accounts, remember the opening-month formula: ADB is divided by the number of days the account has been open in that month rather than every calendar day in the month.
• Keep records: Save transfer confirmations showing the origin of incoming funds.

Keep the account open until the bonus is credited. Maybank says Bonus Interest/Dividend will be credited within 10 business days in the following month, or on another date determined by Maybank. If the account is closed before the Bonus Interest/Dividend is credited, no promotional bonus will be paid.

For spare cash that can remain in an eligible account during either or both promotional months, the promotion provides access to funds while offering a displayed promotional rate of up to 2.00% p.a. However, withdrawals can reduce the month’s ADB and affect qualification. Check the Aug reference ADB, fresh-funds requirements, minimum Incremental ADB and bonus-crediting conditions before shifting a large balance.

• For a same-bank fixed-term alternative, compare the Maybank SGD Time Deposit promotion from 17 Sep 2026. Its fixed-tenor structure is different from this savings-account Incremental ADB promotion.
• For another ongoing fresh-funds option, see the Standard Chartered e$aver promotion running from 1 Aug to 30 Sep 2026. The highest tier has additional wealth-holding conditions.
• Also compare CIMB’s fresh-funds promotion running from 1 to 30 Sep 2026. Its headline and effective-rate mechanics differ, so compare the detailed conditions rather than headline percentages alone.
• Compare more fixed deposits, savings promotions and alternative cash-parking options via the guide to best Singapore deposit rates and promos.
• For Maybank’s latest promotion details, visit the Maybank Fresh Funds Top-up promotion page.

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