Maybank Prestige Savings Account

like-icon 3 people like this
Rating: 0.0/5.0 (0 Reviews)
Interest Rate Up to 1.75%
Min. Deposit $20,000
Review on Maybank Prestige Savings Account
Pros

High 0.38% to 0.50% p.a. base interest

High 1.25% to 1.37% p.a. bonus interest on incremental balance

Cons

Bonus interest only applicable on incremental balance

No incentives to choose this over Maybank iSAVvy Savings Account

Interest-on-Interest only if average monthly balance is maintained for 6 months

Deposit Details Deposit Details

  Base Interest Bonus Interest
$20k to $200k 0.38% p.a. 1.37% p.a.
$200k to $2m 0.50% p.a. 1.25% p.a.

 

From now to 30 Apr 2020, get rewarded with up to 1.75% p.a. when you deposit a minimum of $20,000 into Prestige Savings Account

Earn bonus interest of up to 1.37% p.a. on the incremental average daily balance in the Account during the Promotion Period. Incremental Balance in the Account refers to the difference in the average daily balance during the Promotion Period as compared to the average daily balance in the Account for the month of Feb 2020

In the event that Maybank offer a higher bonus rate on Prestige Savings Account during the Promotion Period, you will enjoy the higher bonus rate on your incremental balance for that month

Earn base interest of 0.38% p.a. for deposits below $200,000 and 0.50% p.a. for deposits of $200,000 and above

 

In addition, earn additional interest-on-interest of 18% p.a.to attain attractive interest rates of 0.45% p.a. for total balance less than $200,000 or 0.59% p.a. for total balance of $200,000 and above

Interest-on-interest means the payment of additional interest on the interest amount earned for every six-monthly period beginning from the second month of the account opening provided that
the average monthly balance maintained in the Accounts during each six-monthly period does not fall below the Interest-on-interest deposit amount

No monthly fee or minimum balance to maintain

 

Click here to go to Maybank website for more details

Add Review (* Required information)
Rate:
*

*

Min 20 characters

captcha Reload Image

Verification Code *

Reviews (0)
Rating:
0.0/5.0 (0)
0.0/5.0 (0)
Page: Maybank Prestige Savings Account Review
Search Reviews:
Sort By :
No data found