Maybank: Earn up to 2.05% p.a. with their latest time deposit rates from 18 July 2020 UPDATED 3 Aug 2020

ON TODAYUnknown End Date
Starts18 Jul 2020 (Sat)Ends***UNKNOWN***
Location
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Enjoy attractive interest rates (up to 2.05% p.a. for 36 months) with upfront interest on the next business day and interest-on-interest upon maturity. Valid as of 3 August 2020.

Round-the-clock service with Online and Mobile Banking

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

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.260.0000% of upfront interest0.9000 % p.a.
240.2500 % p.a.360.0000% of upfront interest1.1500 % p.a.
360.2500 % p.a.720.0000% of upfront interest2.0500 % 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.260.0000% of upfront interest0.9000 % p.a.
240.2500 % p.a.360.0000% of upfront interest1.1500 % p.a.
360.2500 % p.a.720.0000% of upfront interest2.0500 % 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.260.0000% of upfront interest0.9000 % p.a.
240.2500 % p.a.360.0000% of upfront interest1.1500 % p.a.
360.2500 % p.a.720.0000% of upfront interest2.0500 % p.a.

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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