Maybank iSAVvy Time Deposit Rates Revised to Max 1.35% p.a. from 1 Sep 2025

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Maybank Singapore Updates iSAVvy Time Deposit Promotional Rates Effective 1 Sep 2025

Update 8 Sep: Maybank iSAVvy Time Deposit Rates Revised from 9 Sep 2025, earn up to 1.25% p.a.

Maybank Singapore has revised its iSAVvy Time Deposit promotional rates. From 1 Sep 2025, the maximum interest rate will be adjusted to 1.35% p.a.. This comes shortly after the previous rate change on 22 Aug 2025, where the ceiling was set at 1.45% p.a.

iSAVvy Time Deposit Promotional Rates (from 1 Sep 2025)

With effect from 1 Sep 2025, the updated iSAVvy Time Deposit promotional rates are as follows:

These promotional rates are available exclusively to Individual Banking customers with a minimum deposit placement of S$20,000.

How to Place an iSAVvy Time Deposit

Customers who wish to take up this promotion may do so conveniently online via the official Maybank iSAVvy promotion page. Online placement ensures faster processing and allows customers to secure the revised promotional rates instantly without visiting a branch.

Comparing Deposit Rates Across Banks

For those aiming to maximise returns, it is advisable to compare rates across banks. Maybank’s iSAVvy Time Deposit is competitive, but other institutions may offer different perks or tenors. A regularly updated guide to the best time deposit rates in Singapore is available for depositors to make informed decisions.

While Maybank’s latest revision reduces the peak rate to 1.35% p.a. from 1 Sep 2025, it remains an option for savers seeking secure returns with minimal risk. Those considering placement should evaluate their savings horizon and compare rates with other banks to achieve the best balance between returns and liquidity.

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