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Savings Account

Privilege Plus Savings Account

Enjoy attractive interest rates and free personal accident insurance coverage, exclusively for our privileged customers aged 50 and above.

  • Minimum opening deposit

    S$500 (Singaporeans/PR)/ S$1,000 (Foreigners)

Promotion


CPF Promotion

Get rewarded with S$100 cash credit when you transfer your CPF Retirement Savings or CPF LIFE to your Privilege Plus Savings Account

Find out more

Terms and Conditions apply

Benefits


  • Enjoy greater rewards with Maybank Passion Plus Programme
  • Attractive interest rates
  • Exclusive privileges1 upon sign up and during birthday month
  • Complimentary Personal Accident Insurance, Accidental Medical Reimbursement and Permanent Disablement Benefits
  • Withdraw cash with no admin fee at all Maybank ATMs and atm5 network in Singapore

Privileges


Exclusive privileges from Quantum Medical Imaging & Clinic for your benefit.

Find out more

Terms and Conditions apply

Welcome Privileges


Jade, The Fullerton Hotel Singapore
15% off a la carte dinner food bill
   
The Courtyard, The Fullerton Hotel Singapore
15% off afternoon tea
   
The Clifford Pier, The Fullerton Bay Hotel
15% off a la carte dinner food bill
   
Eu Yan Sang
Two-year free membership
   
Eu Yan Sang
30% off premium Wild American Ginseng
   
Allure Beauty Saloon Pte Ltd
20% discount on M21 or Signature misty eyebrow embroidery services
HAACH/ Dr HAACH
Reviva Rose Stem Cell Facial Treatment
   
Natural Healings
Chiropractic trial inclusive of digital posture analysis, consultation and chiropractic adjustment
   
Healthway Medical
Silver Health Screening Package
   
Healthway Dental
Dental Scaling & Polishing
   
Luxescalp
Signature Herbal Scalp Treatment

Eligibility


  • Minimum age: 50 years old
  • Initial deposit:
    • S$500 (Singaporeans/Permanent Residents)
    • S$1,000 (Foreigners)

 

Documents Requirement for Singapore Citizens or Permanent Residents
At the branch

  • NRIC

 

Documents Requirement for Foreigners
At the branch:

  • Passport
  • Valid pass (e.g. Employment Pass (EP) or S-Pass or Student Pass)
  • Proof of Mailing Address (i.e. Utility/Telco bills or Bank statement from another bank in Singapore, where the name must be the same as your Passport and Employment Pass)

Fees and Charges


DescriptionFees and Charges

Fall-below fee (per month)

S$2 (Singaporeans and Permanent Residents)
S$5 (Foreigners; when the monthly average balance falls below S$1,000)

Early Account Closure (within 6 months)

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

Others

Please click here to view the other Bank charges applicable for our services

Other Information


 

1Terms and Conditions of the merchants involved in the promotion apply.
2Customer must maintain a minimum balance of S$30,000 and aged between 50 and 70 years old. For joint account, only the older account holder will be entitled to the complimentary personal accident insurance coverage. This includes Accidental Medical Reimbursement Benefit (AMR) where the claim on the medical expenses as a result of a Bodily Injury will be based upon production of original receipts, up to S$500 per event. The total claims incurred in one Bodily Injury must exceed S$50. Subject to 1st medical expense incurred within 4 weeks of accident and medical expenses incurred for the same event must not exceed 1 year. Also, Accidental Permanent Disablement Benefit (APD), the insured person must sustain Bodily Injury which results in his/her Permanent Disablement to be eligible to the claim of up to a maximum of S$30,000. It is a one-time claim under this benefit. Once a claim is settled, the coverage for the insured person is terminated.

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.