Money Lobang

Maybank iSAVvy Time Deposit

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Rating: 4 Stars5.0/5.0 (3 Reviews)
Interest RateUp to 2.90% Attribute
Min. Deposit $20,000 Attribute

Last updated on 2024-11-01

Maybank iSAVvy Time Deposit Review

Pros Pros

Upfront partial interest for Maybank iSAVvy Time Deposit

Cons Cons

Must have existing Maybank online banking account for Maybank iSAVvy Time Deposit

Deposit Details Maybank iSAVvy Time Deposit Interest Rates

  6 mths 9 mths 12 mths
$20k to $1m 2.90% p.a. 2.75% p.a. 2.60% p.a.

 

Enjoy 2.60% interest p.a. (0.25% p.a. upfront and 2.35% p.a. on maturity) when you place a 12 months SGD iSaVvy Time Deposit online via Maybank Online Banking with minimum amount of $20,000

Enjoy 2.75% interest p.a. (0.25% p.a. upfront and 2.50% p.a. on maturity) when you place a 9 months SGD iSaVvy Time Deposit online via Maybank Online Banking with minimum amount of $20,000

Enjoy 2.90% interest p.a. (0.25% p.a. upfront and 2.65% p.a. on maturity) when you place a 6 months SGD iSaVvy Time Deposit online via Maybank Online Banking with minimum amount of $20,000

Deposit placed into iSAVvy SGD Time Deposit must be debited from customer’s existing Maybank savings or current account via Maybank Online Banking

Receive upfront interest next business day after placement for Maybank iSAVvy SGD Time Deposit

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. Such premature withdrawal can only be made at any Maybank Branch in Singapore

 

Placements made into Maybank Time Deposit / Islamic Term Deposit will earn 2.85% p.a. for 36 months tenure but without the upfront interest and with minimum deposit of $1,000 instead

Senior citizens of 55 years and above will earn 0.1% p.a. additional interest for deposits into Maybank Time Deposit / Islamic Term Deposit

 

Click here to go to Maybank website for more details about Maybank in-Branch or Online Time Deposits

 

Deposits Historical Data Logo Maybank iSAVvy Time Deposit Rates Historical Chart

Maybank Fixed Deposit Rates Historical Chart

* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $100,000 and 3 to 18 months tenure

 

Maybank current highest fixed deposit rate is 2.90% p.a. for 6 months tenure with minimum deposit of $20,000.

The current highest fixed deposit rate is a Maybank fixed deposit rate promotional rate

The current Money Lobang National Average Fixed Deposit Rates for November 2024 is 2.74% p.a.

The average monthly highest fixed deposit rate for Maybank since 2018 is 1.89% p.a.

Maybank runs fixed deposit promotional campaigns every month

 

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3 Reviews
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Rating:
5.0/5.0 (3)
5.0/5.0 (3)
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Maybank iSAVvy Time Deposit Review

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