Maybank Isavvy

Posted By admin On 02/08/22

benefits Requirements Online Rates Calculator
How to apply online FEES AND CHARGES FAQs Terms and Conditions

Each customer is only allowed to hold one iSAVvy Savings Plus Account. If you already have an account, you may create Sub-accounts via Online Banking to help you allocate your funds for different purposes. Place an iSAVvy Time Deposit online and earn up to 1.15% p.a. Enjoy 0.90% p.a. On 12-month or 1.15% p.a. On 24-month iSAVvy Time Deposit when you place your deposit online or via Maybank2u SG app!


Benefits

Maybank Isavvy

Attractive interest of up to 0.38% p.a. Bonus interest of 1.56% p.a. on any increase in the average daily balance of the account
Create Sub-accounts via Online Banking to help you reach your savings goals

Online savings account gives you the ease and convenience of banking round-the-clock

Requirements

Eligibility

  • Minimum 16 years of age
  • Initial deposit of S$500

Documents Requirement for Singapore Citizens or Permanent Residents

  • At the branch:
    • NRIC
  • Online
    • NRIC
    • Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name and address must be the same as your NRIC
    • Image of your signature

Documents Requirement for Foreigners

  • At the branch:
    • Passport
    • Employment Pass
    • Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass

Each customer is only allowed to hold one iSAVvy Savings Plus Account. If you already have an account, you may create Sub-accounts via Online Banking to help you allocate your funds for different purposes.

Online Rates Calculator


Click here to find out how much more you can earn with our iSAVvy Savings Plus.

How to Apply Online

Only available to Singapore Citizens and Permanent Residents

Maybank Isavvy Account

i. Online application with MyInfo

Isavvy

Apply Now
  1. Click under
  2. Please have your SingPass ID, password and image of your signature ready


Receive Account Number
  1. You will receive an email with your new account number in a password protected PDF file upon submission of the application*
  2. A password will be sent via SMS to the mobile number indicated on the application form to open the PDF file
If you are not our existing Online Banking Customer, you will receive:
  1. Online Banking Access ID in the PDF file
  2. Another SMS which contains your PIN to sign-up or perform a First Time Login to Online Banking


Account Activation
  1. A SMS will be sent to inform you that the account is activated successfully and you can start using your account!
*Only available from 9am to 9pm. For application submitted outside this period of time, email notification with the new account number will be sent on the next business day.

ii. Online application without MyInfo


Apply Now
  1. Please have a scanned colour copy or image of NRIC, Proof of mailing address and image of your signature ready


Receive Account Number
  1. You will receive an email with your new account number in a password protected PDF file by the next business day
  2. A password will be sent via SMS to the mobile number indicated on the application form to open the PDF file
If you are not our existing Online Banking Customer, you will receive:
  1. Online Banking Access ID in the PDF file
  2. Another SMS which contains your PIN to sign-up or perform a First Time Login to Online Banking


Activate Your New Account
  1. Make a FAST transfer of at least S$500 from your account with another bank (in the same name) to activate the new account
  2. You will receive a SMS notification once your new account is activated successfully

Fees and charges

Time

Maybank Isavvy Time Deposit Interest Rates

DescriptionFees and Charges
Fall-below fee (per month)S$2 monthly service fee; waived with a minimum average daily balance of S$500
Early Account Closure
(within 6 months)

S$30 early account closure fee, if the account is closed within 6 months of opening

Over-the-counter transactionsFees and Charges apply for over-the-counter transactions
OthersPlease click here to view the other Bank charges applicable for our services

WAYS TO APPLY

Online Application

For Singaporeans and Singapore PRs only


APPLY NOW

Visit our Branch

For foreigners, please visit any Maybank branch to apply.


MAKE AN APPOINTEMENT

FAQs

Click here to read more on iSAVvy Savings Plus Account

Terms and Conditions

1Terms and conditions apply. Eligibility for bonus interest is based on the average daily balance of the account increasing each month during a 6-month period, starting from the 2nd month of account opening

Read our Terms and Conditions (PDF)

Maybank Isavvy Savings Account Promotion

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. 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$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Maybank Isavvy Promotion

Important Notices

Credit Card

Online Security

Card Usage Security