There are still many banks offering attractive time deposit offers in February, let’s take a look at what they are.
1. Hong Leong Bank
Date: January 5, 2023 – February 15, 2023
Interest rate.
3 months – 3.93% p.a.
6 months – 4.13% p.a.
Minimum Deposit: RM10,000
Conditions: Must be deposited via HLB Connect Online and must be transferred from another bank using FPX. 6 months 4.13% p.a. offer will end on 3 February 2023.
2. CIMB
Date: 30 January – 14 March 2023
Minimum Deposit: RM1,000
Interest Rate.
3 months – 3.58%p.a.
8 months – 3.98%p.a.
12 months – 4.20%p.a.
Conditions: Deposits must be made through the CIMB Clicks page and must be made by clicking on the link on the CIMB Promotions page.
3. Public Bank
A. eFD
Date: January 20, 2023 – March 31, 2023
Interest Rate.
3 months – 3.45%p.a.
6 months – 3.85%p.a.
9 months – 3.95%p.a.
12 months – 4.05%p.a.
Minimum deposit amount: RM5,000
Details: Deposit with PBe Online Banking is required and must be made by FPX transfer from another bank.
B. Term Deposit
Date: January 20 – March 31, 2023
Interest Rate.
3 months – 3.40%p.a.
6 months – 3.80%p.a.
9 months – 3.90%p.a.
12 months – 4.00%p.a.
15 months – 3.90%p.a.
18 months – 3.80%p.a.
Minimum Deposit: RM5,000
Conditions: Fresh Fund only.
C. PB Golden 50 PLUS Fixed Deposit Account (“50FD”)
Date: 20 January – 31 March 2023
Interest Rate.
3 months: 3.45%p.a.
6 months – 3.85%p.a.
9 months – 3.95%p.a.
12 months – 4.05%p.a.
Minimum Deposit: RM5,000
Conditions: Fresh Fund only, PB Golden 50 PLUS subscribers only.
D. Islamic Term Deposit
Date: 20 January – 31 March 2023
Minimum Deposit: RM5,000
Interest Rate.
3 months – 3.50%p.a.
6 months – 3.90%p.a.
7 months – 3.95%p.a.
12 months – 4.10%p.a.
13 months – 4.00%p.a.
15 months – 4.00%p.a.
18 months – 3.90%p.a.
24 months – 3.80%p.a.
Conditions.
a. 7-month, 13-month and 24-month time deposits can only be placed through the bank counter.
b. Other time deposits can be deposited either over the counter or online.
4. OCBC
Date: January 30 – February 5, 2023
Interest Rate.
6 months – 3.85%p.a.
13 months – 4.00%p.a.
Minimum Deposit: RM1,000
Conditions: Must be accessed through OCBC Internet Banking.
5. Agro Bank
Date: 24 November 2022 – 24 February 2023
Interest Rate.
6 months – 4.10%p.a.
12 months – 4.25%p.a.
Minimum deposit amount: RM5,000
Conditions: Must be deposited through bank counter.
6. RHB
Date: Now – 28 February 2023
Interest Rate.
8 months – 4.08%p.a.
Minimum deposit amount: RM5,000
Conditions: Can be deposited by transfer from other banks via FPX. Deposit can also be made directly through RHB savings or incoming and outgoing account.
7. MBSB
Date: January 20 – March 31, 2023
Interest rate.
6 months – 4.08%p.a.
12 months – 4.25%p.a.
15 months – 4.30%p.a.
Minimum deposit amount: RM10,000
Conditions: Must be deposited through counter. Must be Fresh Fund.
8. Affin Bank
Date: 21 January – 3 February 2023
Interest Rate.
4 months – 3.93%p.a.
6 months – 3.95%p.a.
9 months – 4.00%p.a.
12 months – 4.15%p.a.
Minimum deposit: RM10,000
Conditions: Must be deposited through affinalways Internet Banking.
