Maybank: Earn up to 1.5% p.a. with their latest time deposit rates from 5 September 2020

ON TODAYUnknown End Date
Starts5 Sep 2020 (Sat)Ends***UNKNOWN***
Location
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Enjoy attractive interest rates (up to 1.5% p.a. for 36 months) with upfront interest on the next business day and interest-on-interest upon maturity.

Round-the-clock service with Online and Mobile Banking

Choice of 3, 6, 12, 24 and 36 months

iSAVvy Time Deposit
S$5,000 to S$24,999
MonthsUpfront InterestInterest-on-interest paid upon maturityTotal Interest
30.2500 % p.a.80.0000% of upfront interest0.4500 % p.a.
60.2500 % p.a.120.0000% of upfront interest0.5500 % p.a.
S$25,000 to S$50,000
MonthsUpfront InterestInterest-on-interest paid upon maturityTotal Interest
30.2500 % p.a.80.0000% of upfront interest0.4500 % p.a.
60.2500 % p.a.120.0000% of upfront interest0.5500 % p.a.
120.2500 % p.a.240.0000% of upfront interest0.8500 % p.a.
240.2500 % p.a.380.0000% of upfront interest1.2000 % p.a.
360.2500 % p.a.500.0000% of upfront interest1.5000 % p.a.
S$50,001 to S$249,999
MonthsUpfront InterestInterest-on-interest paid upon maturityTotal Interest
30.2500 % p.a.80.0000% of upfront interest0.4500 % p.a.
60.2500 % p.a.120.0000% of upfront interest0.5500 % p.a.
120.2500 % p.a.240.0000% of upfront interest0.8500 % p.a.
240.2500 % p.a.380.0000% of upfront interest1.2000 % p.a.
360.2500 % p.a.500.0000% of upfront interest1.5000 % p.a.
S$250,000 to S$1,000,000
MonthsUpfront InterestInterest-on-interest paid upon maturityTotal Interest
30.2500 % p.a.80.0000% of upfront interest0.4500 % p.a.
60.2500 % p.a.120.0000% of upfront interest0.5500 % p.a.
120.2500 % p.a.240.0000% of upfront interest0.8500 % p.a.
240.2500 % p.a.380.0000% of upfront interest1.2000 % p.a.
360.2500 % p.a.500.0000% of upfront interest1.5000 % p.a.
Effective from: 05 September 2020
Singapore Dollar Time Deposit (%p.a.)
Month(s)S$ 1,000
to
S$ 50,000
S$ 50,001
to
S$ 99,999
S$ 100,000
to
S$ 249,999
S$ 250,000
to
S$ 999,999
1*0.20000.20000.20000.2000
20.30000.30000.30000.3000
30.35000.35000.35000.3500
60.40000.40000.45000.5000
90.55000.55000.60000.6000
120.70000.70000.70000.7500
180.90000.90000.90000.9500
241.00001.00001.00001.1000
361.50001.50001.50001.5000
* Minimum deposit for 1 month is S$10,000.
Effective from: 05 September 2020

How to place deposit

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

Login to Online Banking

You must have a Maybank Savings or Current Account and Online Banking Access to make the placement online. Don’t have a Maybank account yet, apply for one online now.

Eligibility

  • Minimum age: 16 years old
  • Initial deposit: S$5,000
  • Maintain any Maybank Savings or Current account with Maybank Online Banking access.

For more info, click here.

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