The interest rates offered by the banks in the country are already very low, but if you still want to keep your money in time deposit, then here is a suggestion for you to choose Promotional FD.
Here are the details of time deposit offers from various banks for December 2021.
1. Hong Leong Bank Step Up Fixed Deposit
Promotion Date: October 1 – December 31, 2021
Interest Rate:
First and second month: 2.00%p.a.
Third and fourth month: 2.30%p.a.
Fourth and fifth month: 2.90p.a.
Average interest rate: 2.40%p.a.
Minimum deposit amount: RM10,000
Conditions: Must be deposited through the bank counter, must be New Fund.
2. Hong Leong Bank eFixed Deposit
Promotion Date: October 1 – December 31, 2021
Interest Rate:
3 months: 2.30%p.a.
6 months: 2.35%p.a.
12 months: 2.40p.a.
18 months: 2.40%p.a.
24 months: 2.40%p.a.
Minimum Deposit: RM10,000
Conditions: Must be deposited by FPX transfer from other banks via HLB Connect.
3. Hong Leong Bank eFixed Deposit New Customer
Date: October 1, 2021 – December 31, 2021
Interest Rate:
6 months: 2.45% p.a.
Minimum deposit amount: RM1,000
Details: Deposit must be made through HLB Connect Online and must be transferred from other banks using FPX. New eFD users only. 4.
4. Public Bank eFD
Deposit Date: October 1 – December 31, 2021
Term deposit rate:
1 month 2.00%p.a.
2 months 2.10%p.a.
3 Months 2.20%p.a.
Minimum deposit amount: RM5,000
Details: You need to use PBe Online Banking to deposit, you must transfer from other banks to deposit by FPX.
5. Public Bank (Counter)
Deposit Date: October 1 – December 31, 2021
Time deposit interest rate:
3 months 2.08%p.a.
8 months 2.28%p.a.
Minimum deposit amount: RM10,000
Details: Must be deposited through counter and must be Fresh Fund.
6. Ambank
Date: 15 November – 31 December 2021
Interest Rate:
3 months – 2.45% p.a. (Enter BEST3)
9 months – 2.40% p.a. (enter BEST9)
Minimum deposit amount: RM10,000
Conditions: Internet deposit through AmOnline is required, and must be transferred from other banks by FPX, Fresh Fund only.
7. OCBC
Date: December 1, 2021 – January 31, 2022
Interest rate:
4 months – 1.85% p.a.
Minimum deposit amount: RM1,000
Conditions: Deposit must be made over the counter.
8. Maybank
Date: 1 December 2021 – 31 December
Interest Rate:
2 months – 2.25% p.a.
3 months – 2.26% p.a.
4 months – 2.28% p.a.
5 months – 2.29% p.a.
6 months – 2.35% p.a.
Minimum deposit: RM1,000
Conditions: Must be deposited through Maybank2u and must be transferred from other banks through FPX.
9. CIMB
Date: November 16, 2021 – December 31, 2021
Interest rate:
3 months – 2.10% p.a.
6 months – 2.20% p.a.
12 months – 2.30% p.a.
Minimum Deposit: RM5,000
Conditions: Must be deposited through CIMB Clicks.
