• Maybank Premier Save Up


Eligibility

Maybank Premier Save Up

Exclusively for Maybank Premier clients, Maybank Premier Save Up rewards you with bonus interest on top of your base rates when you save, spend, invest, insure and borrow with us.

With new products added to the programme from 1 April 2019, be spoilt for choice with a suite of enhanced qualifying products. Simply open a Maybank SaveUp Savings Account to earn up to 3.3% p.a. interest on your first S$150,000 deposit balance.

Take up 1 product Take up 2 products Take up 3 or more products
Earn 0.4% p.a. bonus interest Earn 0.9% p.a. bonus interest Earn 3% p.a. bonus interest
+ base interest rate of up to 0.3125% p.a.1
Receive up to 0.7% p.a.
total interest
Receive up to 1.2% p.a.
total interest
Receive up to 3.3% p.a.
total interest

1 You will earn a prevailing interest rate of 0.1875% p.a. on your first S$3,000 deposit balance, 0.25% p.a. on the next S$47,000 and 0.3125% p.a. on the remaining above S$50,000.

 

Starting 1 April 2019, be the first 300 Premier Clients to open a Maybank SaveUp Savings Account with a minimum deposit of S$1,000 and be rewarded with S$30 cash credits! Click here for Terms and Conditions.

Qualifying products and services to choose from

QUALIFYING PRODUCTS MINIMUM TRANSACTION AMOUNT BONUS INTEREST PERIOD
(number of months)

SAVE

GIRO Payment2
(To other billing organisations)

AND/OR

Salary Crediting2
(Via interbank GIRO salary credit or Maybank Payroll)

S$1,000 1
S$6,000
Deposits
(Average Daily Balance in your eligible Maybank SaveUp Savings Account)
S$300,000 1

SPEND

Card
(Transact with your Maybank Premier Wealth World Mastercard)
S$1,500 1

INVEST

Dual Currency Investments
(Investments with minimum 14 days' tenure)
S$100,000 1
Structured Deposits S$100,000 3
Unit Trust S$75,000 12
Structured Notes $200,000 (nominal amount) 12
Fixed Income Securities $200,000 (nominal amount) 12

INSURE

Regular Premium Insurance S$10,000 12
Single Premium Insurance S$150,000 12

BORROW

 

Home Loan3
(Singapore)

AND/OR
Home Loan3
(Overseas)
S$800,000 12
S$500,000
Car Loan S$75,000 12

2If 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.
3 If you meet the minimum Home Loan (Singapore) amount and or Home Loan (Overseas) amount stated in the table above, it will be considered as 1 Qualifying Product.

Interest Calculator

 
S$30,000

Number of Products and services with us:
1 Product 2 Products 3 Products

MONTHLY BASE INTEREST: S$6.09

MONTHLY BONUS INTEREST: S$75

MONTHLY TOTAL INTEREST: S$81.09

Eligibility and Fees

Be a Maybank Premier client and primary account holder of a Maybank SaveUp Account

Minimum age :

21 years old

Initial amount :

S$500 for Singaporeans and Permanent Residents
S$1,000 for foreigners

  • Minimum Balance Fee: S$2 monthly service fee* per month if average daily balance falls below S$1,000
  • Early Account Closure: S$30 (If account is closed within 6 months)

*S$2 monthly service fee will be waived for accounts where one of the account holders is below 25 years old.

Questions that you may have

GENERAL
BONUS INTEREST
SALARY CREDITING AND GIRO
Deposits
Credit Card
DUAL CURRENCY INVESTMENTS
STRUCTURED DEPOSITS
UNIT TRUSTS
STRUCTURED NOTES
Fixed Income Securities
INSURANCE
HOME LOAN
CAR LOAN
ENROLMENT