Fixed Deposit Offer for April
Although the fixed deposit interest rates offered by many domestic banks are currently relatively low, it is advised that you choose the fixed deposit discount if you still want to put money in fixed deposits (Promotional FD).
The following are the specifics of the fixed deposit offers that various banks will be launching in April 2022.
1. Hong Leong Bank
A. eFD
Date: April 1st – June 30th, 2022
interest rate:
3 months: 2.15% p.a. (April 1-17 and throughout June)
3 months: 2.15% p.a. (18 April to 31 May)
6 months: 2.25% p.a.
12 months: 2.35% p.a.
18 months: 2.50% p.a.
24 months: 2.75% p.a.
Minimum deposit: RM10,000
Details: Must be deposited through HLB Connect Online, and must be deposited with FPX from other banks.
B. Step Up FD/FD-i 36 Month
Date: April 1st – June 30th, 2022
interest rate:
Months 1 to 12: 2.45% p.a.
Months 13 to 24: 2.80% p.a.
25th to 36th month: 3.05% p.a.
Average interest rate: 2.77% p.a.
Minimum deposit: RM10,000
Details: Must be deposited over the counter, New Funds only.
2. CIMB
Date: 1 April – 31 May 2022
interest rate:
3 months – 2.10% p.a.
6 months – 2.20% p.a.
12 months – 2.30% p.a.
Minimum deposit: RM5,000
Condition: It needs to be stored through the CIMB Clicks web page.
3. Public Bank
A. PB Golden 50 PLUS Fixed Deposit Account (“50FD”)
Storage Date: January 1 – April 30, 2022
interest rate:
6 months – 2.25%p.a.
9 months – 2.30%p.a.
12 months – 2.35%p.a.
Minimum deposit: RM5,000
Conditions: Only for Fresh Fund, only for PB Golden 50 PLUS users.
B. Term Deposit
Storage Date: January 1 – April 30, 2022
interest rate:
6 months – 2.20%p.a.
9 months – 2.25%p.a.
12 months – 2.30%p.a.
Minimum deposit: RM5,000
Conditions: Fresh Fund only.
C. eFD
Storage Date: January 1 – April 30, 2022
Fixed deposit interest rate:
6 months 2.25% p.a.
9 months 2.30% p.a.
12 months 2.35% p.a.
Minimum deposit: RM5,000
Details: It needs to be deposited with PBe Online Banking, and must be transferred from other banks in the form of FPX.
4. RHB
A. eFD
Date: 10 February – 10 April 2022
Interest rate: 6/9 months – 2.48% p.a.
Minimum deposit: RM10,000
Conditions: You need to deposit online through RHBNOW, you can use the deposit in your RHB account, or transfer it from other banks in the form of FPX.
B. Counter
Date: 10 February – 10 April 2022
Interest rate: 9 months – 2.42% p.a.
Minimum deposit: RM10,000
Conditions: To be stored through the RHB counter.
