2.5% now actually. And both HSBC and Citibank will give you only 1.8% if your total time deposit placement is more than RM1 Million.

Just a few days ago there was a report that BNM might further cut down the key interest rate in the next scheduled BNM board meeting. It all depends on how the economy is doing. I'm praying hard they won't 
Standard Chartered E$AVER account used to give 2.5% return per annum for RM0 - RM100000 and the interest is credited back into your E$AVER account monthly. This was reduced to only 1.5% in March (if my memory serves me correctly). It was once again reduced to a pathetic 0.7% in late May. I do not expect this rate to drop further in the future but i am wondering if they will revise the interest rate back to where it was (2.5%) once the economy is good again and BNM increase BLR rate back to where it was.