How much is the interest rate of Maybank Philippines?
Invest a minimum of SGD30,000 by 12 January 2024 in Maybank Saver Series 2024 Structured Deposit (Tranche 1) to earn 3.30% p.a.¹ interest and total returns of up to 16.50%¹ on the SGD tranche over 5 years². Key info: 5-year callable² Structured Deposit.
| Term | Regular | OMA |
|---|---|---|
| 18 months | 8.27% | 7.53% |
| 24 months | 11.02 | 10.22 |
| 36 months | 16.21% | 15.34% |
| 48 months | 22.41% | 21.45% |
| Tenure | Interest Rates (% p.a) |
|---|---|
| 1 month | 2.50 |
| 2 months | 2.55 |
| 3 months | 2.65 |
| 4 months | 2.65 |
| Tenure | Promotional Rate (p.a.) |
|---|---|
| 12-month | 2.60% |
| 15-month | 2.60% |
| 18-month | 2.30% |
| 24-month | 2.30% |
Invest a minimum of SGD30,000 by 12 January 2024 in Maybank Saver Series 2024 Structured Deposit (Tranche 1) to earn 3.30% p.a.¹ interest and total returns of up to 16.50%¹ on the SGD tranche over 5 years². Key info: 5-year callable² Structured Deposit.
- Maya Bank.
- CIMB's GSave on GCash and Upsave.
- RCBC's Diskartech.
- Netbank.
- Komo by Eastwest.
- SeaBank.
- BPI's BanKo.
- OwnBank.
To earn interest, no matter what your account balance. No service or maintenance charges as long as a minimum balance of RM20 is maintained. Free mini statement. Online banking with Maybank2u.com.
Reach out for higher ground with up to 3.60%p.a. rates
Get rewarded with up to 3.50%p.a. when you deposit into Maybank iSAVvy Savings Account or iSAVvy Savings Account-i today! Terms and Conditions apply.
To start, divide your interest rate—not your annual percentage rate (APR)—by the number of payments you make in a year. That's 12 payments if you're paying monthly. If you have a 9% interest rate, divide 0.09 by 12 to get 0.0075.
- Log in to Maybank2u web.
- Click 'APPLY' on the top menu.
- Under Fixed Deposit, click 'APPLY NOW'.
- Select the product type and click 'CONTINUE'.
- Fill in your details and click 'SUBMIT'.
- Summary of your application details will be shown. Click 'CONFIRM' and you're done!
Which bank is best for fixed deposit?
- AXIS Bank. 5.75% - 7.00%
- SBI Bank. 4.75% - 6.50%
- Equitas Bank. 3.50% - 7.25%
- HDFC Bank. 4.50% - 7.00%
- ICICI Bank. 4.50% - 6.90%
- Canara Bank. 5.50% - 6.70%
- Bank of Baroda. 5.50% - 6.50%
- Punjab National Bank. 4.50% - 6.50%
Customer is required visit to any Maybank/Maybank Islamic Branch to submit the 31 days' prior notice if the placement was made through Branches. Customer that performed the placement via Maybank2U, customer is allowed to perform the premature withdrawal with 31 days' prior notice through Maybank2U.
| Banks | Interest Rates (p.a.) | |
|---|---|---|
| AU Small Finance Bank | 7.25% | 7.75% |
| Axis Bank | 7.00% | 7.75% |
| Bandhan Bank | 7.00% | 7.50% |
| Bank of Baroda | 6.50% | 7.15% – 7.50% |
Mortgage rates are likely to trend down in 2024. Depending on which forecast you look at for housing market predictions in 2024, 30-year mortgage rates could end up somewhere between 5.9% and 6.1% by the end of the year.
BDO is the best investment bank in the Phil – The Asset | BDO Unibank, Inc.
Which Bank Gives 7% Interest Rate? Currently, no banks are offering 7% interest on savings accounts, but some do offer a 7% APY on other products. For example, OnPath Federal Credit Union currently offers a 7% APY on average daily checking account balances up to and under $10,000.
#1 – BDO Unibank Inc.
These banks in the Philippines have a varied range of products and services like deposits, lending, FOREX, trusts and investments, brokering, credit card services, remittances, and corporate cash management. This bank has total assets net worth.
| Tenor | Factor Rate | Effective Rate/Annum |
|---|---|---|
| 12 | 0.095836960 | 26.63% |
| 18 | 0.068058532 | 26.76% |
| 24 | 0.054167533 | 26.58% |
| 36 | 0.040279967 | 25.98% |
CitySavings Recognized as the Fastest Growing Savings Bank in the Philippines for 2022. City Savings Bank (CitySavings), the thrift arm of Union Bank of the Philippines (UnionBank) wins another international recognition as the Philippines' Fastest Growing Savings Bank at the 2022 International Business Magazine Awards.
What is the weakness of Maybank?
Overall, Maybank's strengths lie in its credit risk policy and diverse range of services, while its weaknesses include challenges in adopting new banking technologies and certain performance factors.
Daily transfer limit
The maximum combined limit for DuitNow Transfer (to account) , Interbank GIRO (IBG) and DuitNow is RM50,000 per day. You can change your transaction limits in the settings.
| Account Type | Transaction Type | Daily Limit |
|---|---|---|
| Individual | Interbank GIRO (IBG) and DuitNow Transfer (to account) - previously known as Instant Transfer (IBFT) | RM50,000* Combined limit for IBG, DuitNow Transfer (to account) and DuitNow |
| DuitNow | ||
| 3rd Party | RM30,000* |
Maybank ensures enhanced security by offering 2FA as an integral part of your online banking experience. Encryption functions as an imperceptible shield guarding your data during online transactions.
These awards highlight Maybank's heightened agility and dedication to driving positive change, embracing sustainability, maintaining robust risk management practices and fostering financial inclusion - anchored by our mission of Humanising Financial Services.”
