Public Bank has increased interest rates on time deposits.
According to the official website of Public Bank, the interest rate of Promotional Fixed Deposit will be increased from October 17, 2022, and will now be available at a maximum of 3.25% p.a.
Banco Popular is offering an online deposit option for 3, 6, 9 and 12 months. You can get 2.75%p.a. for 3 months, 3.05%p.a. for 6 months, 3.15%p.a. for 9 months and 3.25%p.a. for 12 months.
Attention! This time deposit offer must be deposited through PBe Online Banking and must be deposited by FPX transfer from another bank.
Banco Popular also offers a time deposit offer that requires an over-the-counter deposit, which is also available for 3, 6, 9 and 12 months at 2.70%p.a., 3.00%p.a., 3.10%p.a. and 3.20%p.a.
If you are a happy-aged person, you can choose 50FD with the same interest rate as eFD for time deposit, up to 3.25%p.a.
A. eFD
Date: October 17 – December 31, 2022
Interest rate.
3 months 2.75%p.a.
6 months 3.05%p.a.
9 months 3.15%p.a.
12 months 3.25%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.
B. fixedDeposit
Date: October 17 – December 31, 2022
Interest Rate.
3 months: 2.70%p.a.
6 months – 3.00%p.a.
9 months – 3.10%p.a.
12 months – 3.20%p.a.
Minimum Deposit: RM5,000
Conditions: Fresh Fund only.
C. PB Golden 50 PLUS Fixed Deposit Account (“50FD”)
Date: 17 October – 31 December 2022
Interest Rate.
3 months: 2.75%p.a.
6 months – 3.05%p.a.
9 months – 3.15%p.a.
12 months – 3.25%p.a.
Minimum Deposit: RM5,000
Conditions: Fresh Fund only, PB Golden 50 PLUS subscribers only.
