Maybank S’pore Latest Time Deposit Rates Offers Up to 2.45% p.a. From 24 Jan 2025

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Maybank’s Latest Time Deposit Promotions

Singapore’s savers have a new opportunity to grow their wealth as Maybank Singapore rolls out its updated iSAVvy Time Deposit rates. Effective from 24 Jan 2025, the new promotional rates offer up to 2.45% p.a., showcasing the bank’s continued focus on competitive savings solutions.

These rates, however, reflect a slight reduction compared to the December 2024 promotion, which went as high as 2.7% p.a.

Latest Time Deposit Rates (from 24 Jan 2025)

TenurePromotional Rate (p.a.)
6-month2.45%
9-month2.40%
12-month2.35%

These rates are available exclusively for Individual Banking customers and require a minimum placement of S$20,000. Customers are advised to act promptly to take advantage of these competitive rates while they last.

How to Apply

To learn more or make a deposit, visit Maybank’s official promotion page. Be sure to navigate past the section titled “Deposit Bundle Promotion (Placement in Branch)” to view the iSAVvy Time Deposit details.

Additional Information

For those who wish to compare other fixed deposit rates in Singapore, explore the best deposit rates available here. Additionally, full details of this promotion’s terms can be found in the Terms and Conditions for Time Deposits Promotion (PDF).

With these attractive yet slightly reduced rates, Maybank remains a strong contender in the competitive Singapore banking landscape, providing tailored solutions for customers seeking reliable savings growth.

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