Click here to Original FD Rate Thread.
Click here to Fixed Deposit Rates in Malaysia V2 Thread

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 1st July 2012.
Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.05%, 3.1%, 3.25% and 3.6%
Alliance Bank - 3%, 3%, 3.1% and 3.25%. FD Gold 12 months 3.3% (Interest paid monthly).
AmBank - 3%, 3%, 3.15% and 3.2%. Am50Plus 12 mths 3.25% (Interest paid monthly, FREE PA).
Citibank - 2.9%, 3.00%, 3.0% and 3.10%
CIMB Bank - 3%, 3.05%, 3.1% and 3.15%
Hong Leong Bank - 2.9%, 2.95%, 2.95% and 3.1%
HSBC Bank - 2.75%, 3%, 3% and 3.15%
Maybank - 3%, 3.05%, 3.1% and 3.15%
OCBC Bank - 2.85%, 2.95%, 3% and 3.10%
RHB Bank - 3%, 3.05%, 3.1% and 3.2%.
Public Bank - 3%, 3.05%, 3.1% and 3.15%. PB Golden 50 Plus 12 months 3.25%.
Standard Chartered Bank - 2.90%, 2.95%, 2.95% and 3.10%
UOB Bank - 2.9%, 2.95%, 2.95% and 3.10%



Fixed / Time Deposit and Savings Account Promotions 2013.
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

Alliance Bank Step Up Promo until 31 January 2013.
Contributed by ronnie.

Please note that you have to deposit 10% into CASA too when calculating the effective interest rate.
*


HSBC Amanah Term Deposit-i 5% Deposit Drive Promotion until 18 January 2013 for NEW Premier and Advance Accounts



One of the condition is that we must deposit 30% into Premier Account-i or Advance Account-i which pays miserable interest rate.

Click on link below to read my article on the HSBC Deposit Drive Promo where I touched on the T&C and calculated that the maximum effective interest rate for Premier Account is only 3.627%!!!

HSBC 5% Term Deposit i Promotion Until 18 January 2013


HSBC New Branch Opening Promo - Tabuan Jaya, Senawang, Cheng and Kubang Kerian/Kota Bahru Branches


Contributed by tbheng
.

OCBC Bank Malaysia Promotion until end December 2012.

Combo FD and Savings - 3 Months FD 4.0% (Minimum Fresh Fund RM10K) where 20%(Minimum RM2K) equivalent amount deposited into FD must be deposited into a NEW Savings Account and maintained for 90 days. Click here to read my comments at my FD Page

*

UOB Bank Latest Fixed Deposit Promotion Rates - Minimum RM10K.

*

Hong Leong Bank Latest Step Up Fixed Deposit Promotion Rates




Other Promotions
Some banks are also offering step up interest rates (with or without condition, e.g. some banks require that you deposit x amount in savings or current account), so you better average them out and I would think they still won't be able to beat Affin 12 months Fixed Deposit rate of 3.6%.

Other Similar FD Accounts - Bank Rakyat Qiradh General Investment Account-i.
Click here to read my article on Bank Rakyat Qiradh General Investment Account-i

To read my comments and see more FD promos click >>> Malaysia Latest Fixed Deposit Board and Promotion Interest Rates by Major Commercial and Foreign Banks

To learn more on The Best and Highest Paying Savings Account in Malaysia for Adult, Kid, Parent and Grandpa click >> The Best Savings Accounts in Malaysia

Click here to read my article titled Australia Education, Term Deposit, Savings Account and Credit Card Interest Rates In this article I have tables of interest rates from several banks in Australia and also a Table for UOB, OCBC and RHB Foreign Currecny Time Deposit Interest Rates.

Click here to read my article Premier Priority Privilege Banking Accounts. This updated revised article now include comments for OCBC Premier and StanChart Priority Banking Account.

Banker's Cheque Fee purely for FD Upliftment/Withdrawal (Do not combine with other accounts, i.e. Savings Account)
Affin - FREE
Alliance - FREE
AmBank - RM2.15
Bank Rakyat - FREE
CIMB - FREE
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - RM5 same day or RM2 next day (no RM0.15 Stamp Duty??)
Maybank - RM5 or RM5.15?
MBSB - FREE
OCBC - FREE
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM0.15 or RM2.15 Conflicting reports.


Click here to my new blog called Fixed Deposit Malaysia where I have published an article to show you how you can combine OCBC FD Promotions to earn more money AND how you can continue earning 5% interest if you had opened a joint account earlier where the FD is maturing before 31 December 2012.

This post has been edited by Gen-X: Dec 30 2012, 12:33 AM

Promos ended in August 2012



Promos ended in July 2012


Promos ended in June 2012


Promos ended in May 2012


Promos ended in April 2012




Promos ended in March 2012





Promos ended in February 2012



Promos ended in January 2012



Promos ended in December 2011



Promos ended in November 2011


Promos in October 2011


This post has been edited by Gen-X: Sep 4 2012, 08:20 AM

FDMCGC - Fixed Deposit Musical Chair Gamers Club

If I miss anyone out, please let me know and state your contribution i.e. Post# at V2 or V3

FRMONBWFDP - Freaking Rich Members Or Not Bothered With FD Promotions but contributors to FD Thread


This post has been edited by Gen-X: Sep 18 2012, 10:05 PM

Captain, check in..

Wah V3 already!

Gen-X

OCBC Combo in your sticky ""Combo FD and Savings - 3 Months FD 4.5% where 20% equivalent amount deposited into FD must be deposited into a NEW Savings Account and maintain for 90 days."" Is it so must maintain in savings 90 days or not. N must it be new savings account. Thanks

Edited based on latest info by ascend post#26. Need to maintain the 20% in selected New Saving Account for 90 days.

http://www.ocbc.com.my/personal-banking/Pr...2012_INB_v2.pdf

This post has been edited by Gen-X: Aug 1 2012, 11:28 PM

Wow....really helpful~
thanks for sharings

No need thanks as it will benefit me when I go to OCBC later, oops my only mature between 13 - 15 Aug..

PB at HLB only 200k

I posted this in POST 2491 of V2:
"Open acc on 29-5(Tues) with rm32700 and made a ATM withdrawal of rm50 and keep the balance until 31-July.
ADB from 29-5 to 31-7 is consistently rm32650. So satisfied all requirement to entitle for rm300 cash back in August. Should be allowed to withdraw most of the deposit from 1-8-12."

Went to SCB DU and they say can withdraw from 1-8-12.
Previously SCB JB said must wait until 29-8-12 to get the RM300 cash rebate. Banyak susah oh.

Whoever get the rm300 rebate please report here ASAP.

This post has been edited by MGM: Aug 1 2012, 05:49 PM

Hmm, just browse the OCBC website and I found this.
Maybe new promotion?

OCBC Promotion

Yeah another good FD promo:

This promotion is valid from 1 August - 31 August 2012.

Fast track to 4.5% a year with online FD placement
Enjoy exclusive 2 months Fixed Deposit interest rate of 4.5% a year when you place your fixed deposit via online.
Just make an online transfer of funds from your Savings/Current account to your new FD account to enjoy this
exclusive privilege via OCBC Internet Banking only.

2 months and need to transfer via online.... can transfer the 20% from the Smart Saver account from the Combo plan?

If I remember correctly, withdrawal from SmartSaver account can only be done over the counter not online. Maybe have to transfer to other CASA that can do online.

Yah, I can't remember who mentioned about the restrictions imposed on Smart Saver account. And Bro, you are right, withdraw and redeposit into CASA and then transfer via online

The 2 months FD online promo minimum RM5K and Max RM25K


This post has been edited by Gen-X: Aug 1 2012, 07:05 PM

Once I can confirm getting my rm300x2 cash rebate from SCB , I will put 50K in HSBC and the balance into this 4.5% OCBC promo. This musical chair sure is getting hotter, one hot offer after another and it is not even year end yet. Didn't actually sit down an calculate the extra interest gained from this effort. Hope it is worth it.

MGM, thanks for the update. I still havent got my RM300 cashback and not sure I should withdraw or keep the $$$ there. Sigh!

Next time don't go for these kind of promo with "complicated" need to keep track and do this and that T&C

To ALL FDMCGC members, please see post #3 and let me know if I left you out of the list

This post has been edited by Gen-X: Aug 1 2012, 09:03 PM

The tracking period is for 3 month
1. May to 31 Jul
1. June to 31 Aug.

So withdrawal outside the tracking period shouldn't affect the ADB movement.

Gen-X , so humble meh clerk. secretary general lah..

---

Added on August 1, 2012, 9:35 pmHope it turns out well for all of you..

This post has been edited by magika: Aug 1 2012, 09:35 PM

Ya, fully agreed but too late now. That's why I didn't want to go for the new 4.5% combo thingy in my earlier post 2 days ago..

Btw, thanks for including my nick..



This post has been edited by 1282009: Aug 1 2012, 10:01 PM

Apasal aku tetiba joined club pulak?

Thanks, hope so.

Gen-X, thank you for the inclusion and in general for your tireless (n i don't mean without tires ) contributions to this forum.

I'm hardly a good pick for the committee member role as I hardly spend any time at all in this forum
Really, I think every member who has benefited from this FD forum has a role to play in providing useful information allowing members to make valid comparisons of FD offers - as opposed to just being 'silent' members.

This post has been edited by ascend: Aug 1 2012, 10:40 PM

The OCBC 4.5% is straight forward lah, it's Fixed Deposit - deposit and no need to do anything until maturity (and even by just leaving the 20% in the Smart Saver and not depositing a sen for 3 months until you withdraw it together with the FD, the effective interest rate for the combo is sill more than 4%), unlike SCB Savings Account with T&C requiring some activities.

You got contribute mah in V2, but next time better post something related to FD when you want to write a message else it's consider spamming

From your previous posts, you are good in analyzing the T&C like aeiou, MGM and gsc and your posts are always informative

This post has been edited by Gen-X: Aug 1 2012, 11:12 PM

OCBC Savings Combo
Guys take note rules have changed. The Smart Savers balance is now earmarked and i believe this rule is retrospective, meaning these new rules will still apply to those who participated in the combo deal before the rule change.

Source:
http://www.ocbc.com.my/personal-banking/Pr...2012_INB_v2.pdf
3.4.6. The amount placed in the SA under this Promotion (i.e. the amount which is at least 20% of the 3-month FD placement amount) will be earmarked for 90 days starting from the placement date, and must be maintained in the SA for the 90 days period for continued participation in the Promotion. If the whole or part of the earmarked amount is withdrawn from the SA anytime within the 90 days period, then clause 3.4.7 below applies.
3.4.7. The promotional interest rate will cease to apply to the FD placement, should the Eligible Customer withdraw the whole or part of the earmarked amount any time within the 90 days period. In such case, the prevailing board rate will apply to the FD placement.

aiyah, now I have to go revise back 1st post OCBC Combo to what it was initially assumed based on previous promo, haha

Thanks for the update. Looks like I no need to go bother about my money in the SMART Saver account until October but need to go deposit RM50 this month to get 2.85%.

And see, that's why you are elected (more like assigned) as a Committee Member

This post has been edited by Gen-X: Aug 1 2012, 11:42 PM

Can we open the saving account this month and perform the above? Do not have any saving/curr a/c with OCBC currently.

I called up RM and this is what she said

1) those opened up saving combo earlier can now top up any time but the 20% in SS cannot be withdrawn.
2) those opened up saving combo earlier can still withdraw from SS without any effect on the FD rate.
3) 12 mth FD is 3.1%. Sorry on the error posted earlier

Thanks.

Assuming below example..

Total fund = 30k
FD = 24k @4.5% for 3 months = 270
SmartSaver = 6k (is there any interest?)

Assuming no interest for SmartSaver, overall for 30k fund is 3.6% interest.

Please correct me coz I think I'm wrong..

please refer to the example given by one of the members in the earlier post.

RM6k still can get interest

3% if every month inject RM1k for 2 mths
2.85% if every mth inject RM50 for 2 mths
.......the rest I dont remember as I planned only to inject RM50 because very little difference (3% -2.85%) 0.15%.

RM6000 x 0.15/100 x 3/12 = RM 2.25

The monthly injection of fund into SS is based on Calendar month,

if open account on 1 Jul, next injection is Aug
if open account on 31 Jul, next injection is also Aug

Did you all see the FD and CC pages on the financial website IMoney.my featured in the Star today. GenX's blogspot is 100 times more informative.

i think for junior only la... i saw the review here, they got full TnC...

http://savemoney.my/hong-leong-bank-hello-...t-october-2012/

dunno. works for me, maybe try to reload.

Can see at first page one. Went HL bank yesterday, service no good, comparably BR better ..he..he.

Anyone can recommend a long term FD for 10k? Which one is more worthy for long term? I see those promotions one seems to be only for short term FD. Sorry I am not good in numbers which is why I need some recommendation....Thanks in advance

Went to HSBC KD, can't open account+5%FD becos can't prove of local residence, shXt.
Went to OCBC DU no longer allowed to top up SavingsCombo, has anyone here actually managed to top up?
Decision, decision, decision. Slave to the money.
So looks like have to ask wife to open acc+4.5%FD if there is no other better options.

This post has been edited by MGM: Aug 2 2012, 02:59 PM

he..hee.. better I not comment

You can try your luck at other branches. Use the ambiguities in T&Cs to your advantage because not of all of them are in black & white - which explains why sometimes there are discrepancies in info provided by the members here.

OCBC Masjid Jamek RM told me that top-ups are allowed in the Savings Combo deal, without having to open another new savings account.

SCB JB has reconfirmed with the product manager that I can withdraw from 1-8-12, contrary to what he said yesterday.

Damn....totally forgotten about the "maturity" dateline. luckily today come to FD thread and got the reminder..

Nobody entertain u. RM all either talking on the phone or looking at computer, even you stand nobody cares. Have to approach them only can.
Very indifferent, dont care attitude and its not first time I went.. Maybe busy lah..

HL bank service is bad, long wait and nobody bother you as if you are transparent.....I opened up junior FD earlier because of high FD rate otherwise wont actually like to go that bank....HL, May, CIMB are banks I wont go unless I need to...

I once asked a counter person, about the promotion FD, ask one person say, she is no sure, tell me to the CS or RM(I don't know what is her position), at front desk, ask the person on front desk, tell me to ask the counter person...

Bank branches that do not have reception counter like that one loh, you must go and approach them to open new account. OCBC main office KL, upon entering the door, got Leng Lui greet you And my HLB RM very friendly and helpful.

Your branch in Penang no Q ticket?

For me, I have been a HLB account holder for years and got no major complain. I have accounts with 3 HLB branches and 2 Ex-EON and before I had Priority Status, just take ticket and wait for my turn loh.

As for PB centres, like I always mention in my blog, HLB, OCBC and UOB always got lots of customers and I find it faster to do my banking at the general hall and take Q ticket instead waiting for the PB tellers/cashiers. And what I notice is best to go to the bank after 3.30pm, less people.

But now when I go to HLB branches without PB centre, since now I got Priority status, I don't have to get Q ticket and just go straight to the Priority Counter

This post has been edited by Gen-X: Aug 2 2012, 11:06 PM

I once a time went to renew my Foreign Currency FD and so suprisingly that they turn my foreign currency to RM 1: foreign currency 1.... I realize it and request to change back.... The counter staff keep say is i wrong and the FD is Ringgit de FD..... Say I cheat them.... At the end, call the Manager out only the counter staff do all the stuff if not the counter staff wanna show me angry face....

got Q system but the waiting time is terrible - from getting the Q number till your turn. Eon bank is faster and more efficient.

What is required to prove local residence?
And do u have to be a residence of KD?

With KlangValley address in ic,licence,banks/epf statement,bills etc.

---

Added on August 3, 2012, 12:24 pmAnybody has done the OCBC online FD promo?
Can one put in multiple FD placements on different days but up to a max of 25000?
If make FD placement tonight(3/8/12) , would today be considered as the starting date of the FD?

This post has been edited by MGM: Aug 3 2012, 12:24 PM

Anybody heard of the 2-month FD @ 4.5% p.a. from OCBC ?
Available only through the branch

Bro, read lah first post. It was reported 2 days ago. Offer via online only.

According to the CS one can do multiple 2month-4.5%-FD placement subject to a total of rm25000 and doing it online btw 6am to 9pm.

I actually banked in my check to Easi-saver acc on 2/8 morning and it was cleared tonight.So manage to make the placement before 9pm and FD starts from 3/8.

Guys, for the 3-month OCBC combo FD, I've a dumb question. I can just present a single banker's cheque as they can split the amount to FD and the saving a/c right? I do not need to write 2 cheques. Correct me if I'm wrong.

1 single cheque will do. When I went for the combo, I split my single cheque to 3 accounts i.e. FD and Smart Saver for Combo and balance into my current account.

This post has been edited by Gen-X: Aug 3 2012, 10:52 PM

Thanks bro

Can I have many combo FD but only one Smart Saver A/c???

any idea how much fees/charges apply for ocbc saving and current acc?

many combo FD with one SS....how ?

RM said can top up but MGM that day tried at OCBC DU and was told cannot.

This post has been edited by gsc: Aug 4 2012, 01:25 AM

Hi guys, am i correct to say for 3 months tenure, the best rate offered is by HSBC Branch Opening Promotion at 5% & follow by OCBC Savings Combo Promotion at 4.5% (effective rate 4.25%)?

What is the maximun amount for placement under OCBC Saving Combo Promotion? i can't find it in the T&C

RM1M no issue and even up to RM2M should not be a problem. Why don't you call OCBC CS and ask? And then report here

This post has been edited by Gen-X: Aug 4 2012, 01:55 PM

Any review on the recent ocbc 2 months FD claimed interest 4.5%p.a ??

any hidden T & C....

Anyone get back the scb rm300 for the supersalary account? I deposit rm34500 since 9 may. But stI'll not see the rm300 in my acct?

Same here bro... do u still keep your fund there?

Don't dare to withdraw the money as I worry I might not get back he RM300. Would like to transfer the funding to HSBC for the 5% promotion in KD.

Not sure what else I can do? call SCB to ask for status?

Yes. Same here, pls share if anyone placed their FD under this campaign

Thanks

I made an online 4.5%FD placement last friday.
First bank in the money into an existing CASA with internet banking (except SmartSaver which can only be dealt with over the counter). Once the amount is cleared made the placement online with a max of rm25000. As simple as that.

The T&C stated for online banking customer only... how about those who hav credit card with online banking but doesnt have ocbc bank acc? must apply a ocbc saving account also ka?

Yes, money for FD placement has to come from a OCBC CA/SA.

Just open OCBC Basic Savings Account to enjoy the online-only FD @ 4.5% p.a. (2-mth tenure)

For the OCBC 4.5%-online-FD promo, the reason one has to have a CA/SA first is becos u have to use the money from this account to make the FD placement ONLINE.

I make a placement on the OCBC 4.5% online FD promo last Sat, upon success saw the statement mentioned that it is 4.5% . Now wonder they will honour it upon maturity lol.

It is pretty easy to make a placement through online. Got a saving account a while back when I apply the CC from them too.

Just in case of dispute, I suggest you keep a softcopy of the FD details.

any suggestion on a better saving account? basically i jus wanna use it for placement of the fd only.. for this ocbc...

bro, OCBC got online FD placement feature?

Planning to put 20k FD for 12months , maybank promo (everage 3.7%) best for 12months right? any better promotion currently for 12month?

---

Added on August 7, 2012, 1:44 pmcant find the FD promotion @ m2u . any links?

This post has been edited by Disappoint4d: Aug 7 2012, 01:44 PM

You are right, I just made the placement today & there is no limit to the 3-month Savings Combo Promotion
Only limit is my pocket
As for the minimum 20% of the FD amount placed under SmartSavers Account. They offer 2.5% - 3% pa depending on the amount of montly deposit into this account. To get 3%, minimum monthly deposit is RM1,000.

bank rakyat offer 4.01% for 12month.
OCBC 4.5% smartsaving place, my place dont hv OCBC..T_T

btw,i saw a guy took USD100000 paper money to show off at bank...it is true US got such a paper money?
i think that guy kena cheated

This post has been edited by Superkian: Aug 7 2012, 06:16 PM

Such a stupid fella.... Was it the Lebanese scammer @ http://www.papky.com/lebanese-billionaire-...rfeit-currency/

The min monthly deposit will need to continue for 2 months right, 1st on the start of 2nd month FD tenure and 2nd time on the start of 3rd month FD tenure. Please correct me if I'm wrong.

Eg...
15 Aug - Open FD with SmartSaver a/c (30k in FD, 6k in SmartSaver)
15 Sep - Deposit 1k to SmartSaver (30k in FD, 7k in SmartSaver)
15 Oct - Deposit 1k to SmartSaver (30k in FD, 8k in SmartSaver)
15 Nov - FD matured (30k in FD + interest, 8k in SmartSaver + interest)

this is what I was told by the young RM. caution, member here mentioned leng lui RM know nothing much about their products

no need to bank in exactly on the 15th, as long as you bank in the following calendar month. It calculates based on calendar month

no need to bank in in Nov coz 15 Aug is considered as the first month.

Thanks bro..

Just in case, I will also reconfirm when opening mine



This post has been edited by 1282009: Aug 8 2012, 02:18 AM

The OCBC combo FD only available at OCBC bank or both OCBC Bank and OCBC Al-Amin?

Hi all pros, may I ask if I happened to not 'renew' my FD of more than 10 years, is the money still there? Or it is frozen as claimed by certain ppl?

if you did not provide auto renewal instruction and money is not active for more than 7 years, under The Unclaimed Money Act 1965, your money supposed to be sent by the bank to The Registrar of Unclaimed Money in kl

What happens if the depositor pass away? even worse if it is e-FD where there is no paper trail?

I called SCB and confirmed we can withdraw the money, just like 1 other member here has confirmed. The guy said the 300 cashback will only be credited in Sept. Not sure how true. Let's wait n see ...

if owner passed away, depending on is there a will or not. If no will, more troublesome, the money could have divided by wife (if married) and children if there is any, or by the parents if still alive (depositor not married).

To claim the money, the person has to prove his/her relationship (depositor) or he/she is the legal will executor.

may be some other members here who have similar experience can help.

On the hand it is good to have a joint FD with the children for those senior citizen who does not have a will.