Maybank Privilege Plus product suite renamed to MLife
Effective 23 October 2026, the Maybank Privilege Plus suite of products will be renamed to MLife, as part of our ongoing efforts to enhance our products and services to better serve our customers.
| Current Product Name | New Product Name |
|---|---|
|
Privilege Plus Savings Account |
MLife Savings Account |
|
Singapore Dollar Privilege Plus Time Deposits |
Singapore Dollar MLife Time Deposits |
For Existing Account Holders:
The product name changes will be applied automatically. Existing customers are not required to take any action, and their account number and existing Time Deposit placements will remain unchanged.
For New Account Holders:
The minimum eligible age for new MLife Savings Account customers will be lowered from 50 to 45 years old.