Interest rates of Hong Leong Bank have been raised.
Interest rates on fixed deposit and savings accounts at Hong Leong Bank have been raised, effective May 23 and May 17, respectively.
The 1-month fixed deposit rate of Hong Leong Bank is merely 1.65 percent per annum, the 3-month fixed deposit rate is 1.75 percent per annum, and the 6-month fixed deposit rate is 1.80 percent per annum.
If you opt to deposit an eFD, the interest rate will be lower: 1.35 percent p.a. for a one-month fixed deposit, 1.65 percent p.a. for a two-month fixed deposit, and 1.75 percent p.a. for a three-month fixed deposit.
If you have a junior savings account, you can get 1.65% p.a. if you deposit less than RM50,000, but you won’t get any interest if you put more than RM50,000.
The interest rates of Hong Leong Bank’s various accounts are available here.