View details. See our fee schedule for specifics. 1 with the highest interest, while UOB and OCBC come in second, depending on the level of savings. The available channels to view your statements: via Maybank2u - viewable online; via email - your e-Statement will be sent to your registered email address; Benefits. 2016 savings account interest rates are subject to change without prior notice at discretion of the bank or fixed income investment company. Bonus interest will be paid on the first S$50,000 of the SaveUp Account, based on number of qualifying products held per month, and will be credited into your SaveUp Account by the middle of the following calendar month. If you already have an account, you may open other savings account to suit your banking needs. 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. (Note: The Maybank Horizon Platinum Visa Card IS NOT eligible). Should you top up your investment and it meets the S$25,000 criteria within the same calendar month, the rewards period will be reset to another 12 calendar months from the date of the latest new investment. There is a limit of one(1) Business SaveUp account per member as primary owner. The deposit cap for the bonus interest has also been raised, so customers can enjoy higher interest on the first $60,000 in their SaveUp Account, up from $50,000. There is a limit of one(1) SaveUp account per member as primary owner. For Unit Trust investment account, there is no need to have any holdings in it so long as it kept open. on the first S$50,000 of your savings when you commit to three or more eligible financial products with Maybank. Q1. For instance, a Maybank iSAVvy Savings Account has features that differ from those offered by a Maybank SaveUp account. Choose an account for your needs. on 12-month Maybank Singapore Dollar Time Deposit 0.3% p.a. Is the minimum card spend based on my card statement cycle? 6% p.a. Bonus Interest will be computed one month after the inception date of the Insurance policy(ies). *Additional interest capped at first S$50,000 of the deposit. Compare and find the best savings account for you. Maybank SaveUp Savings Account Review 2020 SaveUp is a Savings Account offered by Maybank Singapore that is suitable for most average consumers. on all balances above $50,000 RM50 to RM250 *RM 50 (with letter of employment) / *RM 250 (individual, joint & minor accounts) MINIMUM BALANCE TO MAINTAIN. From 4 January 2021, ASB and ASN transactions will be resumed as normal, and you can easily check your account balance and dividend via # Maybank2u (web & app), the all-new # MAE app or at our ATMs. Simply open a Maybank SaveUp Savings Account to earn up to 3.3% p.a. Are transactions performed by supplementary card holders included in the aggregation of the minimum spend of S$500? If I have more than one SaveUp Account, which SaveUp account will the Bonus Interest be credited into? TALK TO US ADD TO COMPARE. Open a Maybank Account without going to the branch Affordable No initial deposit and zero maintaining balance Interest Earning Earns 0.25% p.a. The monthly salary amount needs to be at least S$2,000 in a single transaction to be considered as 1 Qualifying Product. Sort out your day-to-day moments with MAE. Each customer is only allowed to hold one SaveUp Account. Minimum retail spending of S$500 per calendar month using one of the Cards or both Cards combined, Minimum salary amount of S$2,000 per month via interbank GIRO salary crediting or Maybank Payroll into SaveUp Account with Minimum salary amount of S$2,000 per month via interbank GIRO salary crediting or Maybank Payroll Service (salary crediting function) into SaveUp Account, Minimum total debit amount of S$300 per month, Minimum retail spending of S$500 per calendar month using one of the Cards or both Cards combined, Minimum salary amount of S$2,000 per month via interbank GIRO salary crediting or Maybank Payroll into SaveUp Account, Minimum total debit amount of S$300 per month. Back to top. Only retail transactions charged to Maybank Platinum Visa Card and/or Maybank Horizon Visa Signature Card and/or Maybank Privilege Horizon Visa Signature Card are included in the aggregation of the minimum S$500 spend. Posts: 5,383 Just wondering if anyone purchase from Dell online and use a Maybank CC for instalment payment? Initial deposit: $500. Qualifying Insurance Products and Requirements, Minimum annual premium of S$5,000 to qualify for 12 months. If the total monthly GIRO debit amount is at least S$300, it will be considered as 1 Qualifying Product. If the total interbank GIRO credit amount is at least S$2,000 per month, will it be considered as 1 Qualifying Product? Start customising the programme to your life's plans today! on next $47,000 of account balance and 0.3125% p.a. For instance, you can invest S$15,000 on 2nd June 2019 and come in again to invest another S$10,000 on 19th June 2019. Minimum to open a Business SaveUp account is $5. You can pledge fixed deposit(s) for Maybank Platinum Visa Card or Maybank Horizon Visa Signature Card and spending on one or both Cards will be considered as 1 Qualifying Product if you meet the requirements. Maybank2u Savers. Also, if you are already taking Maybank’s housing, automotive, education or renovation loan, then this would seems a natural choice. Show all posts. No, internet bill payment is not a GIRO transaction. Comes with debit card which is linked to the SaveUp Account and Maybank Online Banking. MayBank is No. Earn base interest of 0.1875% p.a. For Savings Plus, the condition is that you will need to have additional average daily balance every month for bonus interest (1.94%). Receive S$120 cash when you open a SaveUp Account online and link your accounts with Maybank MView. Maybank2u Savers-i account is an online Islamic savings account that offers high multi-tiered profit rates with a minimum balance of RM2,000. Q2. Maybank Save Up Programme Save Up Programme, enjoy the flexibility of using one saving account to spend, save, invest, and much more. If I were to cancel the subscription within the 7 days free- look period, will I still qualify for the bonus interest? SEE MORE. Choice of 9 products and services. All rights reserved. I am receiving my monthly salary through my SaveUp Account, will my existing salary arrangement qualify as 1 Qualifying Product? Your CIMB FastSaver account number will be issued instantly upon successful application. The Maybank SaveUp Account lets you earn up to 3% p.a. + Follow • 2. For instance, a Maybank iSAVvy Savings Account has features that differ from those offered by a Maybank SaveUp account. *Additional interest capped at first $50,000 of your account balance e-Statement is the online form / soft copy of your Conventional and/or Islamic Banking Statement of Account. Your life's about to get even easier with the all-new MAE by Maybank2u. Q1. Below are the criteria to attract the bonus interest: Minimum average daily balance of S$1,000 in the Account; Holds a debit card which is linked to the SaveUp Account; Maybank Online Banking user; Click Apply Onlineat Maybank2u.com, secured site homepage 3. on next $47,000 of account balance and 0.3125% p.a. MINIMUM DEPOSIT. Must have a Workers Credit Union Membership. The Maybank SaveUp Account lets you earn up to 3% p.a. in Maybank Save Up Programme. A Savings account you can manage completely online. Start customising the … In the event that only 2 prerequisites are met, the effective interest rate will drop to 0.99% - 1.11%. on 12-month Maybank Singapore Dollar Time Deposit The amount will be deducted from the total spend amount in the month that it is cancelled, voided or reversed. If I have the SaveUp Account and hold a supplementary Maybank Platinum Visa Card and/or Maybank Horizon Visa Signature Card, will I be eligible for the Bonus Interest? Save early, practice self-discipline. ... Sign up for MAE and get your e-wallet and bank account activated fully online. An account today, link it to a debit card and your money will earn up to 3% p.a. No, both Unit Trust investment account and SaveUp account must be active in order for you to qualify for bonus interest. be a primary account holder of SaveUp Account; have a debit card linked to your SaveUp Account (as primary account or for ATM withdrawals); be at least 18 years old or turning 18 in that year of enrollment; and. S$2 monthly service fee; waived for customers below 25 years old, Higher base interest and enjoy up to 3% p.a. Receive a Samsonite luggage when you open a Maybank SaveUp Account online and many more. All rights reserved. Yes, it will be considered as 1 Qualifying Product if your monthly salary amount credited to the SaveUp Account is at least S$2,000, and is credited via interbank GIRO salary credit or Maybank Payroll. Q3. Basic Savings Account-i. Must have a Workers Credit Union Membership. If I own more than 1 Maybank credit card can I combine my monthly spending to qualify for the Bonus Interest? This article aims to provide an overview of the upcoming changes and whether the existing account holders stand to … Minimum new loan amount of S$35,000 per loan account to qualify for 12 months. With Save Up Programme, enjoy the flexibility of using one platform to spend, save, invest, and much more. Q2. Round ups are a great way for you to set aside a little bit of money little every time you make a purchase. e-Statement is the online form / soft copy of your Conventional and/or Islamic Banking Statement of Account. Payment is not a GIRO transaction Housing loan will be maybank saveup account the revised Maybank Privilege customers with spending... Good stuff and more, along with your favourite Maybank2u banking features a couple of features that differ those... Can deposit to your life 's about to get 2.94 % p.a if customer! 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