Maribank Savings Promo: up to 3.5% p.a. on Fresh Funds Until 31st January 2025
For a limited time, you can top up your Mari Savings Account with fresh funds and get cash rewards for maintaining the amount. With the cash reward on top of the base interest of Mari Savings Account, MariBank is advertising up to 3.5% p.a. on fresh funds for a bout 3 months.
The funding must be done by 31st October 2024 and the holding period is until 31st January 2025. Successful completion of the requirements unlocks cash rewards of up to S$110 depending on your deposit amount. This means that you can get up to 3.5% p.a. for your funds for roughly 3 months (November, December and January).
Mari Savings Account / Credit Card
Use code 5HCT18VM
Account: 0.88% p.a.
Card: get unlimited 1.5 Shopee Coins on eligible Shopee spend, 1.5% cashback on eligible card spend and 1.5% cashback on overseas card spend with no fx fee. Read the review
🎁 Bonus Rewards
Sign up with code 5HCT18VM in August 2026
- If you sign up for Mari Savings Account as first product: get bonus S$8 and qualify as new user for Account
- If you sign up for Mari Credit Card as first product: get bonus S$15 (Savings Account will be opened as well, and you will qualify as new user for both Account and Card)
💰 Mari Savings Account
Sign up with code 5HCT18VM and get up to 2.88% p.a. on the first S$100,000.
| Interest Rate | |
|---|---|
| Base Rate | 0.88% p.a. |
| Bonus Rate | +1.60% p.a. on first S$100,000 for 30 days |
| ShopeeVIP | +0.40% p.a. on first S$100,000 |
| 2.88% p.a. |
💳 Mari Credit Card
Sign up for Mari Credit Card Bundle with promo code 5HCT18VM and spend S$300 within the first 30 days and get³:
- S$30
- S$70 Shopee voucher pack
⚠️ Terms and conditions
- Limited to the first 10,000 customers who successfully open a Mari Savings Account during the Promotional Rate Period, and successfully make Fixed Deposit placement(s) within 30 days from the date of successful account opening. Terms and Conditions
- Terms and Conditions For Bonus Units
- Terms and Conditions For Credit Card Promos
For reference only; refer to exact details in terms and conditions
Promo Details
To get the cash rewards, you need to deposit fresh fund compared to your Mari Savings Account balance as of 13th October 2024. The app should show your 13th October balance in the notification.
There are 3 different tiers for this promo:
| Incremental Fresh Funds | Cash Reward | Estimated Interest Rate* (For Lowest Amount Per Tier) |
| S$5,000 to <S$10,000 | S$5 | 3.0% p.a. |
| S$10,000 to <S$50,000 | S$15 | 3.2% p.a. |
| S$50,000 and above | S$110 | 3.5% p.a. |
Note that the estimated interest rate indicated by MariBank’s notification is calculated based on the cash reward in addition to the base interest of Mari Savings Account. It also assumes the lowest amount per tier i.e. $5,000, S$10,000 and S$50,000. Putting S$49,999 of fresh funds, for instance gets you only S$15 and your effective interest rate will be lower 3.2% p.a.
The base interest of Mari Savings Account is 2.7% p.a. until 31st December 2024 2024 and will be reduced to 2.5% p.a. from 1st January 2025 onwards. This drop in interest has already been factored into the calculation.
Mari states that this promo is for the first 20,000 people only. Please see full terms and conditions here.
Timeline of Interest/Rewards
According to information I can gather from Mari’s app and terms and conditions, this is the timeline you can expect:
| Date | Info |
| 31st October 2024 | Last day to fund Mari Savings Account |
| 31st January 2025 | Last day of holding period |
| 2nd March 2025 | Cash reward will be credited by this date |
SDIC Insurance
As a digital bank, funds are insured by SDIC up to S$100,000 per bank per customer.
Not the best rates, but perhaps still a viable option for some
Even with rates dropping around us lately, 3.2% to 3.5% p.a. are clearly not the strongest rates we’ve seen. HSBC EGA is offering more than 4% p.a. (albeit with some conditions), and StanChart e$aver is giving relatively fuss-free 3.35% to 3.5% p.a.
Nonetheless, Mari’s promo is an option for those who want a fuss-free and short-term place to hold S$5,000 to S$50,000 for 3.2% to 3.5% p.a through January 2025.
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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Ahh only for existing customers.
the 20k people cap is off-putting. risky not knowing whether one makes the cut. i’m giving this a miss,