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Time Deposits

Soar above the clouds and earn upfront interest the next day

Maybank iSAVvy Time Deposit #ForYou

Promotion


Time Deposit Promotions

Enjoy attractive interest rate of up to 3.30% p.a. with our SGD Time Deposit.

Find Out More

Terms and Conditions apply.

Benefits


Time Deposits are now on Maybank2u SG (Lite) appNEW


Place and manage your placements conveniently

  • Place and manage your time deposits conveniently on the go with Maybank2u SG (Lite) app
  • Placements available in SGD or foreign currencies
  • Access this service on the go so you will not miss out on attractive returns

How to place deposit


Login to Maybank2u Online Banking or Maybank2u SG (Lite) app to place a deposit into iSAVvy Time Deposit:

Step 1: Select Account >Time Deposit > Singapore Dollar Time Deposit > iSAVvy Time Deposit
Step 2: Select the account to debit funds for this placement
Step 3: Agree to confirm the placement

  • Click here to view a simple step by step guide to place Time Deposits online on Maybank2u Online Banking.
  • Click here to view a simple step by step guide to place Time Deposits online on Maybank2u SG (Lite) app.

Login to Online Banking

You must have a Maybank Savings or Current Account and Online Banking Access to make the placement online.

Don't have a Maybank account yet, apply for one online now.

Eligibility Requirements


  • Minimum age: 16 years old
  • Maintain any Maybank Savings or Current account with Maybank Online Banking access

Deposit Requirement


TenureDeposit
1-month Minimum: S$5,000
Maximum: S$1,000,000
2-month
3-month
6-month
9-month
12-month Minimum: S$20,000
Maximum: S$1,000,000
15-month
18-month
24-month
36-month

Fees and Charges


Click here to view applicable Bank charges for Over-the-counter Fees

Useful Links


 

Important information
iSAVvy Time Deposit will be renewed as Singapore Dollar Time Deposit. Full payment of interest for the entire placement of the Singapore Dollar Time Deposit upon maturity.

Premature withdrawal of less than 3 months - No interest will be paid
Premature withdrawal of more than 3 months - The interest is pro-rated based on the number of days the Time Deposit is placed, calculated on the lowest tier of the prevailing Savings Account rate at time of withdrawal or the contracted rate, whichever is lower.