Ambank is offering a time deposit offer of 3.20% p.a. for a 12-month deposit, which should be the highest yield offered in the market today.
Ambank is offering a time deposit offer from 18 July to 31 August 2022. When depositing a 12-month time deposit offer, you can enjoy a preferential interest rate of 3.20% p.a.
The minimum deposit amount for this offer is RM10,000 and it is limited to Fresh Funds only, which must be transferred from other banks via FPX via AmOnline’s online platform.
To enjoy the 3.20% p.a. interest rate, users must enter the BEST12 promotional code when depositing their time deposits.
To place a time deposit through AmOnline, you will first need to log into your AmOnline account, then select Place FD/TD-i, and then enter the BEST12 promotional code. Then you need to choose to deposit a 12-month time deposit, choose the amount to be deposited and choose which bank to transfer it from.
Here is an example of depositing RM10,000, at 3.20% p.a., the interest earned for a full 12 months deposit is RM320, an average of RM26.67 for 1 month.
Ambank Time Deposit Offer
Date: 18 July – 31 August 2022
Deposit term: 12 months – 3.20%p.a.
Minimum deposit amount: RM10,000
Conditions: Must be transferred over by FPX via AmOnline.
