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Starts | 19 Nov 2021 (Fri) | Ends | 20 Dec 2021 (Mon) |
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Location | Maybank |
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From 19 November to 20 December 2021, invest a minimum of SGD30,000 in Maybank Saver Series 2021 Structured Deposit (Tranche 3) to earn up to 6.50% on SGD tranche over 5 years.
Note: There is an element of extra risks compared to a normal fixed deposit
- 5-year Structured Deposit
- 100% Principal Guaranteed at Maturity
- Interest Payment Every Six Months
Tenure | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Maximum Potential Total Payout |
---|---|---|---|---|---|---|
Payout | 1.00% + 0.50%1 | 1.10% | 1.20% | 1.30% | 1.40% | 6.50%¹ |
Credit Risk: The Customer is taking on the credit risk of Maybank Singapore Limited (“The Bank“) with respect to all payments due under the structured deposit (“Structured Deposit” or “this product“). Please note that the Bank will pay the full principal amount to the Customer only if the Structured Deposit is held to the maturity date, or (if applicable) the specified redemption date. In the event where the Bank becomes insolvent, the Customer may not receive any payouts and may lose his original principal.
For more info, click here.
[1] Bonus Interest: 0.50% p.a. bonus interest is only payable in Year 1 if USD/SGD Spot Exchange Rate is at or above the Bonus Target Lower Range Rate of 1.3100 and at or below the Bonus Target Upper Range of 1.3300 on 27 December 2022, 2pm Singapore time.
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