Maximise Your Savings with Maybank’s Latest Promotion in Singapore
Maybank Singapore has a fresh funds top-up promotion, offering savers an opportunity to boost their earnings with interest rates of up to 3.60% per annum. The promotion is valid until 31 August 2024, making it an ideal time for customers to maximise their savings.
This exciting offer allows customers to earn up to 3.50% p.a. with the iSAVvy Savings Account / iSAVvy Savings Account-i, and up to 3.60% p.a. with the Prestige Savings Account.
To qualify for the promotional rates, deposits must be made with fresh funds. Transfers from existing Maybank accounts or Maybank cheques are not eligible.
iSAVvy Savings Account and iSAVvy Savings Account-i
Customers with the iSAVvy Savings Account or iSAVvy Savings Account-i can enjoy the following bonus rates on their Incremental Average Daily Balance (ADB):
July – August 2024
Incremental Average Daily Balance (ADB) (S$)
Base Rates (% p.a.)
Bonus Rate on eligible Incremental ADB (% p.a.)
Total Rate (% p.a.)
10,000 to < 50,000
0.80
2.50
3.30
50,000 to < 200,000
0.80
2.50
3.30
200,000 and above
1.80
1.70
3.50
Prestige Savings Account
For the Prestige Savings Account, the bonus rates are as follows:
July – August 2024
Incremental Average Daily Balance (ADB) (S$)
Base Rates (% p.a.)
Bonus Rate on eligible Incremental ADB (% p.a.)
Total Rate (% p.a.)
20,000 to < 200,000
0.80
2.60
3.40
200,000 and above
2.00
1.60
3.60
The Incremental ADB refers to the increase in the average daily balance during the promotion period, compared to the balance in June 2024. To qualify for the bonus interest, the Incremental ADB must be a minimum of S$10,000 for the iSAVvy Savings Account and iSAVvy Savings Account-i, and a minimum of S$20,000 for the Prestige Savings Account.
Illustration
Illustration for Prestige Savings Account: 3.60% p.a assumes Incremental Average Daily Balance of S$200,000 + 2.00% p.a. prevailing rate. The bonus rates will only apply to incremental Average Daily Balance of minimum S$20,000.
Illustration for iSAVvy Savings Account and iSAVvy Savings Account-i: 3.50% p.a assumes Incremental Average Daily Balance of S$200,000 + 1.80% p.a. prevailing rate.
The bonus rates will only apply to incremental Average Daily Balance of minimum S$10,000.
p.a assumes Incremental Average
Daily Balance of S$200,000 + 2.00% p.a. prevailing rate. The bonus rates will only apply to incremental Average
Daily Balance of minimum S$20,000.
iSAVvy Savings Account-i:
3.50% p.a assumes Incremental Average Daily Balance of S$200,000 + 1.80%
p.a. prevailing rate.
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