03 October 2014

Maybank iSavvy Savings up to 1.3% pa versus Standard Chartered's e$aver account of up to 1.25% pa

Maybank iSavvy Savings up to 1.3% pa versus Standard Chartered's e$aver account of up to 1.25% pa


Maybank is following Standard Chartered bank to offer a tier savings account that pay bonuses. For the first 5000 to 50000, the total interest is 1.10%. As for 50,000 to 200,000, the total interest is 1.18%, slightly higher than 1.15% pa of Standard Chartered Bank.

If you have S$200,000 to spare, you might as well place it in Maybank for 1.30% pa. Currently, Maybank seems to have the highest savings rate for a liquid cash account (SGD). Do take note that the interest is offered for a short time frame, please read the terms & conditions on the respective website.



 Now you can earn an attractive rate of up to 1.30% p.a. on your iSAVvy Savings Account. Simply deposit a minimum of S$5,000 in your account to get started!
Fresh Funds
Deposit (S$)
Bonus Interest
Rates (% p.a.)(A)
Base Interest
Rates (% p.a.)(B)
Total Interest
Rates (% p.a.)(A+B)
5,000 to < 50,000

0.80
0.30
1.10
50,000 to < 200,000
0.38
1.18
= 200,000
0.50
1.30
Interest rates are subject to change without notifications.

 

e$aver deposit balancePrevailing interest rate (A)Bonus interest rate on incremental balance (B)Total interest rate on incremental balance (A+B)
Less than S$50,0000.10% p.a.1% p.a.1.10% p.a.
S$50,000 to less than S$200,0000.15% p.a.1.15% p.a.
S$200,000 and above

 
0.25% p.a.1.25% p.a.

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