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| Starts | 17 Sep 2026 (Thu) | Ends | 23 Sep 2026 (Wed) |
|---|---|---|---|
| Location | Not Specified |
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Maybank Singapore has refreshed its standalone Singapore Dollar Time Deposit and Term Deposit-i promotional rates from 17 Sep 2026, with the highest rate now at 1.75% p.a. for a 6-month placement.
Update: Maybank S’pore SGD Time Deposit now offers up to 1.85% p.a. promo rates from 24 Sep 2026
The promotion offers a straightforward way to lock in a fixed Singapore dollar return across 6-, 9- and 12-month tenors, with a minimum placement of S$20,000. Placements are available at Maybank branches and online, subject to the customer type, product selected and rate shown at the point of placement. 🏦
Maybank SGD Time Deposit promotion at a glance
- Promotion period: From 17 Sep 2026 until a date determined by Maybank
- Highest standalone promotional rate: 1.75% p.a.
- Available tenors: 6, 9 and 12 months
- Minimum placement: S$20,000, or another amount stipulated by Maybank from time to time
- 6-month customers: Individual customers only
- 9- and 12-month customers: Individual and non-individual customers
- Placement channels: Maybank branches and online
Standalone promotional rates from 17 Sep 2026
Review the refreshed Singapore Dollar Time Deposit and Term Deposit-i rates below.
Compared with the rates published in the 22 Jul 2026 article, all three tenors are higher. The 9-month tenor records the biggest increase in this comparison, rising by 0.35 percentage point from 1.30% p.a. to 1.65% p.a. 💹
| Tenor | Eligible customers | 22 Jul 2026 rate (% p.a.) | New promotional rate (% p.a.) | Change |
|---|---|---|---|---|
| 6 months | Individual customers only | 1.45% | 1.75% | +0.30 percentage points 💹 |
| 9 months | Individual and non-individual customers | 1.30% | 1.65% | +0.35 percentage points 💹 |
| 12 months | Individual and non-individual customers | 1.45% | 1.70% | +0.25 percentage points 💹 |
Interest and profit payment details
- Singapore Dollar Time Deposit: Interest is computed daily at the contracted rate and paid only upon maturity.
- Singapore Dollar Term Deposit-i: Profit is computed daily and paid upfront into the relevant Maybank Current or Savings Account on the next business day after successful placement, or after cheque clearance, whichever is later.
Check the product type before confirming a placement, as the payment timing differs between a conventional Time Deposit and Term Deposit-i.
How to place a Maybank Time Deposit
- Open the Maybank Time Deposit promotion page and check the rate, tenor and customer type shown before placement.
- For online placement, a Maybank Savings or Current Account and Maybank2u Online/Mobile Banking access are required.
- Singaporeans and Permanent Residents can use Maybank’s published online application flow with Myinfo and Singpass. Existing Maybank2u SG app customers can log in and select Apply > Time Deposits, while new customers can start from the same Time Deposits section and apply via Singpass.
- For non-individual customers considering the 9- or 12-month standalone offer, confirm the appropriate placement process with Maybank, as the published personal online instructions are written for Singaporeans and Permanent Residents.
- For branch assistance, check the official Maybank Singapore branch locator before visiting.
- Place at least S$20,000, unless Maybank stipulates another minimum amount.
- Review maturity instructions carefully. Unless instructions are given before maturity, the deposit will be renewed for the same tenor at Maybank’s prevailing board rate and prevailing features, terms and conditions at that time.
- Check the final rate, tenor, customer type, placement amount, maturity instructions and applicable terms immediately before confirmation. ✅
Compare before committing funds
Promotional deposit rates can change as banks revise funding offers. Compare the annual rate, minimum placement, lock-in period, early-withdrawal treatment, placement channel and maturity instructions before committing funds.
For a wider overview, compare the best fixed and time deposit rates here. A higher headline rate may not always be the better fit when it requires a longer lock-in, a larger deposit or an additional earmarked balance.
Read the official Maybank promotion page together with the Singapore Dollar Time Deposit Promotion terms (PDF) before placing funds. Maybank’s promotion terms prevail if any inconsistency arises with marketing materials. A separate Deposits Bundle with different conditions is also shown on the same page.
For standalone placements from 17 Sep 2026, the headline option is the 6-month tenor at 1.75% p.a. for individual customers, while 9- and 12-month options at 1.65% and 1.70% p.a. are open to individual and non-individual customers. Check the final displayed rate and terms immediately before confirming a placement.
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