Maybank Fixed Deposit Rate

• Maybank Fixed Deposit Rate 2020
• Maybank Fixed Deposit Rate In Singapore
• Maybank Fixed Deposit Rate History

Maybank Fixed Deposit Rate 2020

Score up to 1.60% p.a. In Singapore Dollar Time Deposit. For every S$1,000 deposited in your savings account, you can place S$10,000 in Maybank Singapore Dollar Time Deposit. Fixed Deposit Account. (% p.a.) 1 month.

1. Above one of the highest prevailing board rates in Singapore Minimum deposit of S$50,000 for at least 6 months, or S$25,000 for at least 12 months Discover APPLY NOW.
2. Best viewed on the latest versions of Chrome, Firefox, Edge, Safari. Achieve your Goal; Open an Account; Apply for Credit Cards; Get a Loan; Grow your Wealth.

Maybank Singapore Dollar Time Deposit

Earn higher interest, access overdraft facilities secured against your deposit; renew your deposit placements automatically upon maturity.

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Overview

Choice Date

Refer to the table for the interest rates applicable to Choice Date Time Deposit:

Eligibility

• Minimum age: 16 years old
• Initial deposit:
  • S$1,000 for tenures from 2 to 36 months
  • S$10,000 for 1-month tenure and Choice Date with flexible tenure
  • S$1,000,000 for a 1-week tenure, applicable only to corporate accounts

Documents Requirement for Singapore Citizens or Permanent Residents

• NRIC

Documents Requirement for Foreigners

• Passport
• Employment Pass
• Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass

Fees and Charges

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• Premature withdrawal of less than 3 months - No interest will be paid
• 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.

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. 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. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Maybank iSAVvy Time Deposit

Grow your money with iSAVvy Time Deposit - the online Singapore Dollar time deposit that gives you one of the highest time deposit interest rates in Singapore.

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Overview

Eligibility

• Minimum age: 16 years old
• Initial deposit: S$5,000

Maybank Fixed Deposit Rate In Singapore

• Time Deposit principal will be debited from this account
• Interest and principal upon deposit maturity will be credited to this account
• Maintain any Maybank Savings or Current account with Maybank Online Banking access

Fees and Charges

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Maybank Fixed Deposit Rate History

Important information
The iSAVvy Time Deposit is a deposit account that can only be operated via Maybank Online Banking. No statement or advice will be issued. iSAVvy Time Deposit does not allow for partial withdrawal and top-up of the principal amount. For premature withdrawal, the entire interest paid upfront will be returnable to the Bank through a deduction from the iSAVvy Time Deposit principal amount. No interest-on-interest will be paid. Such premature withdrawal can only be made at any of our Maybank branch in Singapore.

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. 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. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.