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Savings Account

SaveUp Account

Earn up to 3% interest p.a. with Save Up Programme when you credit your salary or set up GIRO on your account


  • Higher base interest and enjoy up to 3% p.a. with Save Up Programme
  • Withdraw cash with no service fee at all Maybank ATM and atm5 network in Singapore
  • Round-the-clock service with Online and Mobile Banking


  • Minimum initial deposit of S$500 (Singaporeans/Permanent Residents)
  • Minimum Age: 16
  • Initial Deposit:
    • $500 (Singaporeans/Permanent Residents)
    • $1,000 (Foreigners)
  • Minimum Average Daily Balance for the month: $1,000

Fees & Charges

DescriptionFees and Charges
Fall-below fee (per month) S$2 monthly service fee; waived for customers below 25 years old
Early Account Closure
(within 6 months)

S$30 early account closure fee, if the account is closed within 6 months of opening

Statements Bi-monthly paper statement
Over-the-counter transactions Fees and Charges apply for over-the-counter transactions
Others Please click here to view the other Bank charges applicable for our services

Other Information

Read our Terms and Conditions (PDF)


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.