• Prestige
    Savings Account

Eligibility

Promotions

Get rewarded with up to 1.65% p.a. when you deposit a minimum of S$30,000 into Maybank Prestige Savings Account.

Rates in July 2018


Rates in August and September 2018

Rates are subject to change without notifications.

In the event that we 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.

Contact your Relationship Manager today for more information.

Terms and Conditions Governing Promotion

Attractive Interest Rates

With Prestige Savings Account, earn attractive interest and additional interest-on-interest1 for your loyalty.

Other Benefits
  • No monthly fee or minimum balance to maintain
 
1 Eligible interest-on-interest will be credited every 6 months, starting from the 2nd month of account opening.
 
Terms & Conditions
  • The eligibility and qualifying criteria of the Prestige Savings Account shall be determined at the absolute discretion of Maybank. Maybank shall have the right and without prior notice to convert the Client's Prestige Savings Account to iSAVvy Savings Account for any reason including the Client's failure to meet the eligibility and qualifying criteria of the Prestige Savings Account at any time.
  • The prevailing rules and regulations governing accounts shall apply.
 
Fees & Charges
Minimum Initial Deposit
Minimum Balance Fee
S$10
Not applicable
Branch Counter Transactions
 

Deposit

  • Cash deposit
    Free
  • Funds transfer from another transactional account*
    S$5
  • Transfer of funds from Maybank Time Deposits
    Free
  • Cheque deposit (via Branch Counter or Fast Cheque deposit)
    Free

Withdrawal (waived on account closure**)

  • Cash withdrawal
    Free
  • Funds transfer to another account
    S$15
  • Cashier's Order issued to account holder
    Free
  • Cashier's Order issued to non-account holder
    S$15
  • Balance enquiry
    S$5
  • Ad-hoc request of statements
    S$30 per month
Early Account Closure (account is closed within 6 months)
 
  • Cash withdrawal
    S$30
  • Funds transfer to another account
    S$30
  • Cashier's Order issuance to account holder
    S$30
  • Cashier's Order issuance to non-account holder
    S$45
Self-Service Banking
 

ATM and Cash Deposit Machine transactions

  • Cash deposit (via CDM)
    Free
  • Cash withdrawal (via ATM)
    Free
  • Funds transfer
    Free
RegionLink - Cross Border ATM Services
 
  • Overseas cash withdrawal via Maybank ATMs***
    (from Maybank accounts opened in Singapore)
    Free

Note:

*     Deposit charge is waived for first deposit on account opening. Charge applies for subsequent deposits
**    Excluding Cashier's Order to non-account holder
***   Including Bank Internasional Indonesia (BII) ATMs

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 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$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.