Current Account
With attractive interest rates, no monthly fees and no minimum balance required, the Maybank FlexiBiz is the ideal current account for start-ups and young businesses.
From 1 January 2022, we will be changing the cheque charges for your Maybank Business Account.
From 1 February 2022, we will be changing the Average Daily Balance and Minimum Balance Fee for your Maybank FlexiBiz Account.
| Account Balance | Interest Rate |
|---|---|
|
First S$50,000 |
0.018% p.a. |
|
Next S$450,000 |
0.028% p.a. |
|
Remaining balance above S$500,000 |
0.038% p.a. |
Who can apply
Initial Deposit
Account opening is subject to the Bank's approval.
| Description | Fees and Charges |
|---|---|
|
Early Account Closure |
S$50 early account closure fee (if the account is closed within 6 months of opening) |
|
Chequebook |
S$0.75 per cheque (Refundable*) *Note:
|
|
Others |
Click here to view other applicable Bank charges for the Current Account |
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.
