Maybank Singapore offers fixed deposit rates up to 3.05% per annum

The offer starts at a minimum placement of S$20,000 and a 6-month tenure.

Maybank Singapore has raised its fixed deposit rates to up to 3.05% per annum for the 15 month tenure, the bank announced.

For a minimum placement of S$20,000 and a minimum tenure of 6-months, customers can enjoy a fixed promotion rate beginning at 2.8% under the bank’s SGD Time Deposit/Term Deposit-i promotion.

The SGD Time Deposit and Term Deposit promotion is available for individual, SME, and commercial banking customers.

The bank’s iSAVvy Time Deposit promotion offers rates between 3% to 3.5% per annum for a minimum placement of S$25,000 and tenures between 12 to 15 months. The promotion is open to individual customers only.