The interest rates on fixed deposits offered by various banks in the country are quite low, but if you are still willing to put your money in a fixed deposit, then here are some suggestions for you to choose a promotional FD.
1. Hong Leong Bank
A. New Customer
Date: January 1 – March 31, 2022
Interest Rate:
6 months – 2.45% p.a.
Minimum Deposit: RM1,000
Details: Must be deposited via HLB Connect Online and must be deposited by FPX transfer from another bank. New eFD users only.
B. Hong LeongeFD
Date: January 1 – March 31, 2022
Interest rate:
3 months – 2.25% p.a.
6 months – 2.30% p.a.
12 months – 2.40% p.a.
24 months – 2.45% p.a.
Minimum deposit: RM10,000
Details: Must be deposited via HLB Connect Online and must be deposited by FPX transfer from another bank.
C. Step Up FD/FD-i
Date: January 1, 2022 – March 31, 2022
Interest Rate:
First to second month – 2.00% p.a.
Third to fourth month – 2.30% p.a.
Fifth to sixth month – 2.90% p.a.
Average interest rate – 2.40% p.a.
Minimum deposit amount: RM10,000
Details: Must be deposited through counter, New Funds only.
2. RHB Bank
Deposit Date: 1 December 2021 – 15 January 2022
Interest Rate: 8 months – 2.38%p.a.
Minimum deposit amount: RM10,000
Conditions: Deposit can be made online through RHB Now and must be transferred from other banks by FPX. Deposit can also be made directly through RHB counter.
3. Public Bank
A. PB Golden 50 PLUS Fixed Deposit Account (“50FD”)
Deposit Date: January 1, 2022 – 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: Fresh Fund only, PB Golden 50 PLUS subscribers only.
B. Term Deposit
Deposit Date: January 1, 2022 – 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
Deposit Date: 1 January – 30 April 2022
Time Deposit Interest Rate.
6 months 2.25%p.a.
9 months 2.30%p.a.
12 months 2.35%p.a.
Minimum deposit amount: RM5,000
Details: Deposit with PBe Online Banking is required and must be deposited by FPX transfer from another bank.
4. OCBC
Date: December 1, 2021 – January 31, 2022
Interest rate:
4 months – 1.85% p.a.
Minimum deposit amount: RM1,000
Conditions: Deposits must be made over the counter
5. CIMB
Date: January 1, 2022 – January 31, 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
Conditions: Must be deposited through CIMB Clicks.
