Money Lobang

Maybank iSAVvy Time Deposit

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Rating: 5.0/5.0 (3 Reviews)
Interest RateUp to 1.00%
Min. Deposit $25,000
Review on Maybank iSAVvy Time Deposit
Pros

Upfront partial interest for Maybank iSAVvy Time Deposit

Higher FD interest rate for longer tenures

Cons

Must have existing Maybank online banking account for Maybank iSAVvy Time Deposit

Rates have dropped quite significantly in recent months

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Deposit Details Deposit Details

  12 mths 24 mths 36 mths
$25k to $1m 0.65% p.a. 0.85% p.a. 1.00% p.a.

 

Enjoy 1.00% interest p.a. (0.25% p.a. upfront and 0.75% p.a. on maturity) when you place a 36 months SGD iSaVvy Time Deposit online via Maybank Online Banking with minimum amount of $25,000

Enjoy 0.85% interest p.a. (0.25% p.a. upfront and 0.60% p.a. on maturity) when you place a 24 months SGD iSaVvy Time Deposit online via Maybank Online Banking with minimum amount of $25,000

Enjoy 0.65% interest p.a. (0.25% p.a. upfront and 0.640% p.a. on maturity) when you place a 12 months SGD iSaVvy Time Deposit online via Maybank Online Banking with minimum amount of $25,000

Deposit placed into iSAVvy SGD Time Deposit must be debited from customer’s existing Maybank savings or current account via Maybank Online Banking

Receive upfront interest one calendar day after placement and interest-on-interest upon maturity for Maybank iSAVvy SGD Time Deposit

iSAVvy Time Deposit does not allow for partial withdrawal and top-up of the principal amount. For premature withdrawal, the entire interest paid upfront will be returnable to the Bank through a deduction from the iSAVvy Time Deposit principal amount. No interest-on-interest will be paid. Such premature withdrawal can only be made at any Maybank Branch in Singapore.

 

Click here to go to Maybank website for more details

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3 Reviews
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Rating:
5.0/5.0 (3)
5.0/5.0 (3)
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