Public Bank has renewed its term deposit offer with a maximum of 4.50% p.a.
According to the official websites of Public Bank and Public Islamic Bank, the term deposit offer has been renewed as of December 19. Users can choose to deposit for 3 months, 6 months, 7 months, 9 months, 12 months, 13 months, 15 months and 18 months.
It is worth noting that this term deposit offer is split between Popular Bank and Popular Islamic Bank, with Popular Islamic Bank offering a higher interest rate on its term deposit offer.
1. Public Islamic Bank Time Deposit Offer
A. eFD
Date: 19 December 2022 – 31 March 2023
Minimum deposit amount: RM5,000
Interest Rate.
3 months – 3.50%p.a.
6 months – 3.70%p.a.
12 months – 4.20%p.a.
15 months – 4.30%p.a.
18 months – 4.50%p.a.
Terms.
a. Other time deposits can be deposited either through the bank counter or online.
b. For online deposits, the deposit must be made by FPX transfer from another bank.
B. Term Deposit
Date: December 19, 2022 – March 31, 2023
Minimum deposit amount: RM5,000
Interest Rate.
3 months – 3.50%p.a.
6 months – 3.70%p.a.
7 months – 3.80%p.a.
12 months – 4.20%p.a.
13 months – 4.30%p.a.
15 months – 4.30%p.a.
18 months – 4.50%p.a.
Conditions.
a. 7-month and 13-month time deposits can only be placed over the counter through the bank.
b. Other time deposits can be deposited over the counter or online.
2. Public Bank Time Deposit Offer
A. eFD
Date: December 19, 2022 – December 31, 2022
Interest Rate.
3 months 3.45%p.a.
6 months 3.65%p.a.
9 months 3.85%p.a.
12 months 4.15%p.a.
Minimum deposit amount: RM5,000
Details: Deposit is required to be made with PBe Online Banking and must be made by FPX transfer from another bank.
B. Term Deposit
Date: December 19 – December 31, 2022
Interest Rate.
3 months: 3.40%p.a.
6 months – 3.60%p.a.
9 months – 3.80%p.a.
12 months – 4.10%p.a.
Minimum deposit: RM5,000
Conditions: Fresh Fund only.
C. PB Golden 50 PLUS Fixed Deposit Account (“50FD”)
Date: 19 December 2022 – 31 December
Interest Rate.
3 months: 3.45%p.a.
6 months – 3.65%p.a.
9 months – 3.85%p.a.
12 months – 4.15%p.a.
Minimum Deposit: RM5,000
Conditions: Fresh Fund only, PB Golden 50 PLUS subscribers only.
