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Maybank Singapore Updates iSAVvy Time Deposit Rates – Effective 10 November 2025
Update 20 Jan: Maybank Up to 1.3% p.a. iSAVvy Time Deposit Promo Rates from 20 Jan 2026
Maybank Singapore has announced a revision to its iSAVvy Time Deposit promotional rates, offering depositors a more attractive return on their savings. Starting 10 November 2025, individuals can enjoy up to 1.3% p.a. – an increase from the previous 1.25% p.a. ceiling introduced on 24 October 2025.
Key Highlights
- Top rate: Up to 1.3% p.a. on a 6-month tenor.
- Effective date: 10 November 2025.
- Minimum placement: S$20,000 for individual customers.
- Eligibility: Available to both individuals and non-individuals
- Convenience: 100% online placement for a hassle-free, branchless experience.
Promotional Rates (Effective 10 November 2025)
Below are the updated promotional rates offered by Maybank Singapore for the iSAVvy Time Deposit:
| Customer Type | Tenor | Promotional Rate (% p.a.) |
|---|---|---|
| Individual customers only | 6 months | 1.3% |
| 9 months | 1.10% | |
| Individual & Non-Individual customers | 12 months | 1.15% |
Note: A minimum placement of S$20,000 applies to individual customers. For non-individuals, only the 12-month option at 1.15% p.a. is available.
How to Place an iSAVvy Time Deposit
- Visit the official Maybank promotion page: Maybank iSAVvy Promotion Page.
- Select your preferred tenor and confirm the promotional rate.
- Ensure you have at least S$20,000 (for individuals) and set your maturity instructions before placing your deposit.
Why Consider the iSAVvy Time Deposit?
The iSAVvy Time Deposit is ideal for customers who prefer a guaranteed return without the risk of market fluctuations. With interest rates rising steadily since October, this latest update reflects Maybank’s effort to stay competitive in Singapore’s deposit market.
It also offers online-only convenience, allowing users to place deposits from home. Whether you’re an individual saver or a corporate client seeking a safe place for excess funds, this promotion provides a reliable short- to mid-term savings option.
Compare with Other Banks
Before locking in your funds, it’s always smart to compare rates. You can check the best fixed and time deposit rates in Singapore here to see how Maybank stacks up against other major banks such as OCBC, DBS, and UOB.
Conclusion
From 10 November 2025, Maybank Singapore’s iSAVvy Time Deposit becomes an even more appealing choice for savers, with rates peaking at 1.3% p.a.. With its digital-first convenience and competitive returns, this promotion is well-suited for those looking to maximise their savings safely and easily 💰.
Interested depositors can visit Maybank’s official site to take advantage of this limited-time promotion.
All information accurate as of publication. Terms and conditions apply.
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