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Maybank Singapore refreshes iSAVvy Time Deposit promo rates
Maybank Singapore has revised its iSAVvy Time Deposit promotional rates, giving depositors a higher fixed return for placing funds online. With effect from 20 Jan 2026, eligible customers can earn up to 1.3% p.a. across selected tenors. This is an increase of up to 0.2% compared with the earlier round on 10 Nov 2025.
Promotional rates (effective 20 Jan 2026)
Here are the updated iSAVvy Time Deposit promotional rates stated by Maybank Singapore:
| Tenor | Promotional Rates (% p.a.) |
|---|---|
| 6 month | 1.30% |
| 9 month | 1.30% |
| 12 month | 1.30% |
Minimum placement: S$20,000.
Available to Individual and Non-Individual customers.
What this means for savers
A time deposit (also commonly called a fixed deposit) is typically used when depositors want a predictable return and are comfortable setting aside funds for a fixed period. With the iSAVvy promo, the key draw is that the rate is the same across 6, 9 and 12 months, so depositors can choose a tenor based more on cashflow needs than chasing a higher tiered rate.
- Shorter horizon (6 months): Suitable for those who may need funds sooner, while still locking in the promo rate.
- Mid-range (9 months): A balance for depositors who want a longer lock-in without going a full year.
- Longer horizon (12 months): Useful for depositors who are comfortable setting aside funds for a year for rate certainty.
How to place an iSAVvy Time Deposit (online)
- Visit Maybank’s official promo page: Maybank iSAVvy Promotion Page.
- Select the preferred tenor and review the displayed promotional rate.
- Ensure the funding account has at least S$20,000 available, then set maturity instructions (e.g. credit back to account or roll-over, if offered) and confirm the placement.
Compare with other bank promos
As rates move, depositors may also want to compare time deposit promotions across banks before committing. For a broader snapshot, refer to the best fixed and time deposit rates here and weigh factors such as minimum placement, tenor flexibility, and ease of placement.
For those considering this placement, it is best to review the official page and product terms (PDF) before confirming, especially around maturity instructions and any early uplift implications.
All information is accurate as of publication based on the details provided. Terms and conditions apply.
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