Save Up Programme
APPLY ONLINE

Pick up interest rates of up to 3% p.a.

Maybank Save Up Programme #ForYou

Promotion

Maybank Privilege - SaveUp Online Account Opening Promotion

  • Receive S$150 cash credit when you open a Maybank SaveUp Account online and successfully activate the Account
  • Customers who successfully participate in the Promotion will become a Maybank Privilege client and enjoy the benefits and privileges of Maybank Privilege

 

Find Out More

Terms and Conditions apply.

Important Notice

From 1 May 2021, we will be changing the Savings and Current Account interest/hibah rates.

Find Out More

Benefits

  • Convenience of one platform to spend, save, invest and much more.
  • Earn up to 3% p.a. on the first S$50,000 if you open a saving account today and link it to a debit card.

Interest Calculator

How it works

Base interest up to 0.25% p.a.

 

+

1 product
or service

earns you additional interest of

0.1% p.a.		 or 2 products
or services

earn you additional interest of

0.7% p.a.		 or 3 products
or services

earn you additional interest of

2.75% p.a.
 

 

9 products and services to choose from:

 
QUALIFYING PRODUCTS
MINIMUM TRANSACTION AMOUNT
BONUS INTEREST PERIOD
(Months)
salary bonus saving account
SAVE
QUALIFYING PRODUCTS:
GIRO Payment*
(To other billing organisations)

AND/OR

Salary Crediting*
(Via GIRO or Maybank Payroll)
 
AMOUNT:
S$300 monthly (GIRO)

AND/OR

S$2,000 monthly (Salary)
 
BONUS INTEREST PERIOD
(Months):
1
 

SPEND
QUALIFYING PRODUCTS:
Card
(Transact with Maybank Platinum Visa Card and/or Horizon Visa Signature Card)
AMOUNT:
S$500 monthly
BONUS INTEREST PERIOD
(Months):
1

INVEST
QUALIFYING PRODUCTS:
Structured Deposits
AMOUNT:
S$30,000
BONUS INTEREST PERIOD
(Months):
3
QUALIFYING PRODUCTS:
Unit Trusts
 
AMOUNT:
S$25,000 cash investments
 
BONUS INTEREST PERIOD
(Months):
12
 

INSURE
QUALIFYING PRODUCTS:
Regular Premium Insurance
 
AMOUNT:
S$5,000 in annual premium
 
BONUS INTEREST PERIOD
(Months):
12
 

BORROW
QUALIFYING PRODUCTS:
Home Loan (excludes Equity Loan)
AMOUNT:
S$200,000
BONUS INTEREST PERIOD
(Months):
12
QUALIFYING PRODUCTS:
Car Loan
AMOUNT:S$35,000
BONUS INTEREST PERIOD
(Months):
12
QUALIFYING PRODUCTS:
Renovation Loan
AMOUNT:S$10,000
BONUS INTEREST PERIOD
(Months):
12
QUALIFYING PRODUCTS:
Education Loan
AMOUNT:S$10,000
BONUS INTEREST PERIOD
(Months):
12

 

* If you meet the minimum salary credit amount and/or the minimum aggregate GIRO debit amount stated in the table above, it will be considered as 1 Qualifying Product.

 

Eligibility

  • Age: 18 and above
  • The SaveUp Account in this programme must be linked to a Maybank Debit Card.
  • Initial deposit:
    • S$500 for Singapore Citizens and Singapore Permanent Residents.
    • S$1,000 for other nationalities.

 

TO APPLY

  • Apply online or via Maybank2u SG app (for Singapore Citizens and Singapore Permanent Residents)

Rates

Fees & Charges

  • S$2 monthly balance fee (if average daily balance falls below S$1,000). Waived for customers below 25 years old.
  • S$30 early account closure charge (if the account is closed within 6 months).

Useful Information

 

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.

This advertisement has not been reviewed by the Monetary Authority of Singapore.