Effective from 9 July 2020. Savings Band Interest Rates (% p.a.) Maybank iSAVvy Foreign Currency Time Deposit. Once a claim is settled, the coverage for the insured person is terminated. Premature withdrawal of more than 3 months - The interest is pro-rated based on the number of days the Time Deposit is placed, calculated on the lowest tier of the prevailing Savings Account rate at time of withdrawal or the contracted rate, whichever is lower. Enjoy attractive interest rate on your Singapore Dollar Time Deposit when you deposit fresh funds into your Maybank savings accounts. For 12-month Singapore Dollar Time Deposits of at least $20,000, you get to enjoy an interest rate of 2.05%. With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit. Here is the list of benefits of Maybank Passion Plus Programme: Save More. Complimentary personal accident insurance coverage for customers aged between 50 and 70 years old who maintain at least $30,000 account balance. Designed to grow your principal with additional interest while providing you with regular lifestyle cash, the Singapore Dollar Privilege Plus Time Deposit caters to customers aged 55 years and above. Subscribe to RSS    Find us on Facebook     Find us on Instagram. Minimum opening deposit . Maybank. on Maybank Privilege Plus Savings Account; Bonus interest from fixed deposits in Singapore Dollar Privilege Plus Time Deposit. Enjoy attractive interest rate on your Singapore Dollar Time Deposit when you deposit fresh funds into your Maybank savings accounts. Rules and Regulations Governing Singapore Dollar Privilege Plus Time Deposit Account, Make an appointment with your preferred Branch, Additional 0.10% p.a. Maybank offers interesting interest rates of time deposit for you. Valid as of 7 July 2019 Deposit Amount placed in 12-month SGD Time Deposit Beware of phishing emails / calls / SMS targeting Maybank customers. Privilege Plus Savings Account. Opening online time deposit via M2U ID App/ Maybank2u, get 4,50% p.a (per annum) interest rate. Please contact the nearest Maybank branch for the latest rates First RM1,000: 0.20: Above RM1,000 to RM10,000 Enjoy attractive interest rate on your Singapore Dollar Time Deposit when you deposit fresh funds into your Maybank savings accounts. Preferential interest rate of up to 0.5% p.a. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Maybank Singapore Limited (UEN 201804195C), node.content_display_type.children.ct_title[0]. Automatic renewal of your deposit placements upon maturity Maybank offers best fixed deposit rates or foreign currency time deposits in Singapore,Get competitive fixed deposit interest rates in Singapore. It is a one-time claim under this benefit. Interest rates do not vary by deposit size, though rates jump substantially from 1 to 2 year tenures. Privilege Plus Time Deposit) unless otherwise specified * Syriah compliant Maybank fixed deposit rates of Term Deposit-i was introduced on 16 July 2009. Putting the same placement at Eastwest Bank with a term of 360 days, the interest rate as of 06 February 2020 is 1.500%. For every S$1,000 deposited in your savings account, you can place S$10,000 in Maybank Singapore Dollar Time Deposit. Score up to 1.60% p.a. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Best viewed on the latest versions of Chrome, Firefox, Edge, Safari. Do not disclose any sensitive information over emails / calls / SMS.Call us immediately. Fixed deposit rates Disclaimer: All interest/dividend rates quoted may change without prior notice. on Maybank’s prevailing Savings Account interest rates will apply. All rights reserved. Offering customers attractive interest rates of up to 0.5% p.a. Enjoy attractive interest rate on your Singapore Dollar Time Deposit when you deposit fresh funds into your Maybank Current or Savings accounts.. Interest rates start from 4,25 percent per month. A notice in writing with the intention to premature … ^The option to receive the monthly interest is applicable to tenure of at least 12 months and above and the interest will be credited into Maybank Privilege Plus Savings Account. above prevailing board rates when they place fixed deposits in Singapore Dollar Privilege Plus Time Deposit. Receive your interest from one of the arrangements below when you place your deposit for a minimum of 12 months: Documents Requirement for Singapore Citizens or Permanent Residents, Click here to view other applicable Bank charges for our services. Maybank iSAVvy Foreign Currency Time Deposit. In fact, board rates from 1 to 12 months range from 0.05% to 0.25%, but a 24 month tenure earns an impressive 1.10% p.a.. Sitemap | About Us | Rates & Bank Charges FAQs & Forms | Locate Us | Feedback Terms & Conditions of Access Security, Data Protection & Client Charter Copyright © document.write(new Date().getFullYear()); Maybank. Maybank Singapore Limited (UEN: 201804195C). Find out more, Additional 0.25% p.a. The prevailing rules and regulations governing accounts shall apply. The interest will be credited into your Maybank Privilege Plus Savings Account. All rights reserved. A fixed deposit (also called a time deposit) is a type of savings account that allows you to earn higher interest with little-to-no risk. MAYBANK PRIVILEGE; MAYBANK PREMIER; MAYBANK PRIVATE; MAYBANK ISLAMIC; Malaysia. ... How are interest rate for fixed deposit calculated? Deposit Insurance SchemeSingapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. View all rates Select rates Forex counter rates Deposit rates Derivative rates Financing rates Murabahah rates FCA Deposit rates Rates archive Please fill in the following details and we will be in touch to assist you with your application. Select Country ... An Islamic Term Deposit with pre-determined profit rate. DISCOVER MINIMUM DEPOSIT . Fixed Deposit Premature Withdrawal (With 31days’ Notice Period) 50% of the contracted interest rate is payable when a ‘Notice Period’ of 31 days (inclusive of the day of notice) is given by the customer at the branch. Earn attractive monthly interest, with bonus interest of 1.56% p.a. Enjoy 1.45% p.a. FIND OUT MORE : Deposit online and earn 1.75% p.a. Maybank is running promotions on its $20,000 and $50,000 time deposits. ^The option to receive the monthly interest is applicable to tenure of at least 12 months and above and the interest will be credited into Maybank Privilege Plus Savings Account. You can enjoy 1.45% of interest for a 12-month time deposit, 1.75% of interest for a 24-month period, and 2.05% for 36 months, without even factoring in a promotion. The interest will be credited into your Maybank Privilege Plus Savings Account. Receive your interest from one of the arrangements below when your deposit is for at least 12-month: Documents Requirement for Singapore Citizens or Permanent Residents. ^The option to receive the monthly interest is applicable to tenures of at least 12 months and above. Rewards & Insights. Maybank Singapore Dollar Privilege Plus Time Deposit S$50,000 N/A 0.40% 0.70% N/A N/A Choose from a range of flexible tenure and earn competitive interest rates on your SGD deposits with this low risk investment. FIND OUT MORE Copyright © 2020 Maybank. * Not valid in conjunction with other promotions or priveleges (e.g. above Singapore Dollar Time Deposit prevailing, Choice of receiving monthly interest^ (for branch placement only), Round-the-clock service with Online and Mobile Banking, Choice of 6, 9, 12, 18 and 24 months tenure, Monthly interest^ that is automatically credited directly into your designated Maybank Savings or Current Account (for branch placement only), A lump sum interest payment upon deposit maturity, Roll over the interest with the principal amount upon deposit maturity, S$25,000 for tenures from 12 months and above, S$50,000 for tenures from 6 months and above, Proof of Mailing Address (i.e. Click. All interest / dividend rates quoted may change without prior notice. Maybank Privilege; Maybank Private; Maybank Premier; ... node.content_display_type.children.ct_title[0] 20 October 2020 Change to Singapore Dollar Privilege Plus Time Deposit interest rate / Islamic Term Deposit profit rate. Among the highest time deposit interest rates in Singapore . To update your contact details for SMS Transaction Alerts and One-time Authorisation Codes for online purchases, please click here for the relevant forms. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Promotion may end earlier at Maybank’s sole discretion. Earn interest at a higher rate. Admin Singapore Fixed Deposit Rates Maybank fixed deposit rates may change with notice. S$500 (Singaporeans/PR)/ S$1,000 (Foreigners) With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit . Utility/Telco bills or Bank statement from another bank in Singapore, where the name must be the same as your Passport and Employment Pass), Need to change Time Deposit instruction? Thereafter, additional interest rate of 0.25% p.a. TALK TO US ADD TO COMPARE Fixed Deposit Account. Deposit online and earn 1.75% p.a. 21 September 2005 With the positive response to upfront interest payment for Time Deposit, Maybank is bringing back the promotion with a more attractive proposition. Rates for Maybank Fixed Deposit Account. Manage your portfolio at your own convenience online, choose from the wide array of foreign currencies and enjoy preferential interest and foreign exchange rates on your foreign currencies . on 12 months SGD Time Deposit with a minimum placement of $20,000 in a Maybank Singapore Dollar Time Deposit account and a minimum deposit of $2,000 into a Maybank Passbook Savings, Privilege Plus Savings or Maybank SaveUp Account . Achieve your Goal; Open an Account; Apply for Credit Cards; Get a Loan; Grow your Wealth RM 1,000 to RM 5,000 . 1. FIND OUT MORE If you put a P50,000 initial placement for a Regular or Peso Classic Time Deposit at Maybank, with a term of 91-359 days, the interest rate is 1.250%. 6-digit SMS OTP for Online Banking, Mobile Banking and Phone Banking, Avoid possible suspension of your unsecured credit facilities, Receive an American Tourister Linex 66/24 Luggage TSA worth S$260 with Maybank Credit Cards and CreditAble, Refer your friends to apply for Maybank Credit Cards and CreditAble to be rewarded with S$50 Cash Credits, Find out how we've made M2U secure - and how you can keep your online banking experience worry free. in Singapore Dollar Time Deposit. Enjoy more rewards and learn about latest insights for your financial growth Maybank offers some of the most interesting rates specifically for long-tenure fixed deposit rates.. With Maybank, you can deposit online and earn bigger savings through their iSAVvy Time Deposit. Maybank privilege plus savings account offers its privileged customers attractive interest rates & free personal accident insurance coverage. Enjoy attractive interest rates and free personal accident insurance coverage, exclusively for our privileged customers aged 50 and above. on their Maybank Privilege Plus Savings Account, as well as additional interest rate of 0.25% p.a. Home > Personal > Deposits & Banking > Time Deposits, Maybank Singapore Dollar Privilege Plus Time Deposit. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. DISCOVER MINIMUM DEPOSIT . Minimum deposit of S$1,000 (from 2 months onwards) Placement periods from 1 to 36 months . Best viewed on the latest versions of Chrome, Firefox, Edge, Safari. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Maybank time deposit pays interest upfront of up to 2.75% p.a. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass. Earn additional interest and grow your principal while receiving regular payouts. Maybank shall have the right and without prior notice to convert the Client's Prestige Savings Account to iSAVvy Savings Account for any reason including the Client's failure to meet the eligibility and qualifying criteria of the Prestige Savings Account at any time. Apply now! RM 1,000 to RM 5,000 . Click here to go to Maybank website for more details about the bundle deposit promotion Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Rates for Maybank Savings Accounts. above Singapore Dollar Time Deposit prevailing, Choice of 6, 9, 12, 18 and 24 months tenure, Rules and Regulations Governing Singapore Dollar Privilege Plus Time Deposit Account, Make an appointment with your preferred Branch, Security, Data Protection & Client Charter, Monthly interest^ that is automatically credited directly into your designated Maybank Savings or Current Account (for branch placement only), A lump sum interest payment upon deposit maturity, Roll over the interest with the principal amount upon deposit maturity, S$25,000 for tenures from 12 months and above, S$50,000 for tenures from 6 months and above, Proof of Mailing Address (i.e. - Flexibility of premature uplift of deposit at up to 1.5% p.a. Plus Time Deposit of 0.25 % p.a Deposit-i was introduced on 16 2009! 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