September FD Rate
The interest rates on fixed deposits offered by domestic banks are not too low despite ongoing interest rate increases. Here are the specifics of the fixed deposit offers made by several banks in September 2022 if you’re planning to make a deposit.
1. Hong Leong Bank
Date: 1 September – 31 October 2022
interest rate:
3 months: 2.55% p.a.
6 months: 2.85% p.a.
12 months: 3.05% p.a.
18 months: 3.30% p.a.
24 months: 3.30% p.a.
Minimum deposit: RM10,000
Details: Must be deposited through HLB Connect Online, and must be deposited with FPX from other banks.
2. CIMB
Date: 18 July – 15 September 2022
interest rate:
3 months – 2.40% p.a.
6 months – 2.60% p.a.
12 months – 2.85% p.a.
Minimum deposit: RM5,000
Condition: It needs to be stored through the CIMB Clicks web page.
3. Public Bank
A. PB Golden 50 PLUS Fixed Deposit Account (“50FD”)
Date: September 1 – December 31, 2022
interest rate:
3 months: 2.60% p.a.
6 months – 2.70%p.a.
9 months – 2.75%p.a.
12 months – 2.80%p.a.
Minimum deposit: RM5,000
Conditions: Only for Fresh Fund, only for PB Golden 50 PLUS users.
B. Term Deposit
Date: September 1 – December 31, 2022
interest rate:
3 months: 2.55% p.a.
6 months – 2.65%p.a.
9 months – 2.70%p.a.
12 months – 2.75%p.a.
Minimum deposit: RM5,000
Conditions: Fresh Fund only.
C. eFD
Date: September 1st – December 31st, 2022
Fixed deposit interest rate:
3 months 2.60%p.a.
6 months 2.70% p.a.
9 months 2.75%p.a.
12 months 2.80% p.a.
Minimum deposit: RM5,000
Details: It needs to be deposited with PBe Online Banking, and must be transferred from other banks in the form of FPX.
4. AmBank
Date: 18 July – 11 September 2022
interest rate:
12 months – 3.20%p.a.
Minimum deposit: RM10,000
Conditions: It must be transferred in the form of FPX through AmOnline, and enter the promo code BEST12.
5. Maybank
Storage Date: August 25 – September 7, 2022
interest rate:
6 months – 2.80%p.a. (Fresh Fund)
6 months – 2.75%p.a. (Non-Fresh Fund)
12 months – 3.00%p.a. (Fresh Fund)
12 months – 2.95%p.a. (Non-Fresh Fund)
Minimum deposit: RM10,000
Condition: Available online or stored over the counter.
