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. MAYBANK PRIVILEGE; MAYBANK PREMIER; MAYBANK PRIVATE; MAYBANK ISLAMIC; Malaysia. Earn attractive monthly interest, with bonus interest of 1.56% p.a. Rates for Maybank Fixed Deposit Account. ^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. Privilege Plus Time Deposit) unless otherwise specified * Syriah compliant Maybank fixed deposit rates of Term Deposit-i was introduced on 16 July 2009. 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. Enjoy more rewards and learn about latest insights for your financial growth 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. Achieve your Goal; Open an Account; Apply for Credit Cards; Get a Loan; Grow your Wealth 1. Maybank iSAVvy Foreign Currency Time Deposit. 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. Copyright © 2020 Maybank. FIND OUT MORE Effective from 9 July 2020. Maybank offers interesting interest rates of time deposit for you. 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. Best viewed on the latest versions of Chrome, Firefox, Edge, Safari. Rules and Regulations Governing Singapore Dollar Privilege Plus Time Deposit Account, Make an appointment with your preferred Branch, Additional 0.10% p.a. Deposit online and earn 1.75% p.a. Among the highest time deposit interest rates in Singapore . The interest will be credited into your Maybank Privilege Plus Savings Account. FIND OUT MORE : Deposit online and earn 1.75% p.a. 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. 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. 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. Interest rates start from 4,25 percent per month. Enjoy attractive interest rate on your Singapore Dollar Time Deposit when you deposit fresh funds into your Maybank Current or Savings accounts.. Enjoy attractive interest rates and free personal accident insurance coverage, exclusively for our privileged customers aged 50 and above. 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. To update your contact details for SMS Transaction Alerts and One-time Authorisation Codes for online purchases, please click here for the relevant forms. With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit . - Flexibility of premature uplift of deposit at up to 1.5% p.a. 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. Putting the same placement at Eastwest Bank with a term of 360 days, the interest rate as of 06 February 2020 is 1.500%. Maybank is running promotions on its $20,000 and $50,000 time deposits. 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. 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.. Rates for Maybank Savings Accounts. Earn interest at a higher rate. Maybank fixed deposit rates may change with notice. Select Country ... An Islamic Term Deposit with pre-determined profit rate. 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. Admin Singapore Fixed Deposit Rates Automatic renewal of your deposit placements upon maturity Thereafter, additional interest rate of 0.25% p.a. in Singapore Dollar Time Deposit. Maybank Singapore Limited (UEN: 201804195C). A notice in writing with the intention to premature … 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. All rights reserved. Preferential interest rate of up to 0.5% p.a. Maybank time deposit pays interest upfront of up to 2.75% p.a. Minimum deposit of S$1,000 (from 2 months onwards) Placement periods from 1 to 36 months . 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. Fixed deposit rates Disclaimer: All interest/dividend rates quoted may change without prior notice. on Maybank’s prevailing Savings Account interest rates will apply. 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. 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. Subscribe to RSS    Find us on Facebook     Find us on Instagram. Enjoy attractive interest rate on your Singapore Dollar Time Deposit when you deposit fresh funds into your Maybank savings accounts. Maybank privilege plus savings account offers its privileged customers attractive interest rates & free personal accident insurance coverage. Enjoy 1.45% p.a. Privilege Plus Savings Account. Apply now! Rewards & Insights. For every S$1,000 deposited in your savings account, you can place S$10,000 in Maybank Singapore Dollar Time Deposit. All rights reserved. FIND OUT MORE S$500 (Singaporeans/PR)/ S$1,000 (Foreigners) Best viewed on the latest versions of Chrome, Firefox, Edge, Safari. Earn additional interest and grow your principal while receiving regular payouts. 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? 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. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Please contact the nearest Maybank branch for the latest rates Maybank Singapore Limited (UEN 201804195C), node.content_display_type.children.ct_title[0]. Maybank. Home > Personal > Deposits & Banking > Time Deposits, Maybank Singapore Dollar Privilege Plus Time Deposit. Maybank iSAVvy Foreign Currency Time Deposit. Click. DISCOVER MINIMUM DEPOSIT . The interest will be credited into your Maybank Privilege Plus Savings Account. 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. Enjoy attractive interest rate on your Singapore Dollar Time Deposit when you deposit fresh funds into your Maybank savings accounts. Minimum opening deposit . on their Maybank Privilege Plus Savings Account, as well as additional interest rate of 0.25% p.a. RM 1,000 to RM 5,000 . Once a claim is settled, the coverage for the insured person is terminated. All interest / dividend rates quoted may change without prior notice. 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. With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit. Savings Band Interest Rates (% p.a.) Score up to 1.60% p.a. DISCOVER MINIMUM DEPOSIT . It is a one-time claim under this benefit. Maybank offers best fixed deposit rates or foreign currency time deposits in Singapore,Get competitive fixed deposit interest rates in Singapore. 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%. Here is the list of benefits of Maybank Passion Plus Programme: Save More. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Click here to go to Maybank website for more details about the bundle deposit promotion Find out more, Additional 0.25% p.a. ^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. * Not valid in conjunction with other promotions or priveleges (e.g. Valid as of 7 July 2019 Deposit Amount placed in 12-month SGD Time Deposit 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. 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