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Original FD Thread
Fixed Deposit Rates in Malaysia v2
Fixed Deposit Rates in Malaysia v3
Fixed Deposit Rates in Malaysia v4
Fixed Deposit Rates in Malaysia v5
Fixed Deposit Rates in Malaysia v6.1
Fixed Deposit Rates in Malaysia v7
Fixed Deposit Rates in Malaysia v8
Fixed Deposit Rates in Malaysia v9
Fixed Deposit Rates in Malaysia v10

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.
We are not liable to any misinformation which might cause any financial or opportunity loss (which include FD rates & any others information).

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 10 October 2015.

Bank	1 month	3 months	6 months	12 months	Remarks
Affin Bank	3.25%	3.3%	3.40%	3.7%
Alliance Bank	3.15%	3.2%	3.25%	3.3%	FD Gold 12 months 3.40% (Interest paid monthly)
AmBank	3.15	3.2%	3.25%	3.35%
Citibank	2.95%	3.10%	3.10%	3.20%
CIMB Bank	3.15%	3.2%	3.25%	3.30%
Hong Leong Bank	2.95%	3.00%	3.10%	3.30%
HSBC Bank	3.00%	3.10%	3.15%	3.30%
Maybank	3.15%	3.20%	3.25%	3.30%
OCBC Bank	2.90%	3.00%	3.05%	3.25%
RHB Bank	3.15%	3.20%	3.25%	3.45%
Public Bank	3.15%	3.20%	3.30%	3.35%	PB Golden 50 Plus 12 months 3.45%
Standard Chartered Bank	2.95%	3.10%	3.15%	3.25%
UOB Bank	3.05%	3.10%	3.10%	3.30%

Fixed / Time Deposit and Savings Account Promotions 2016.
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 - Fixed Deposit & e-Fixed Deposit Campaign. Minimum Fresh Fund RM50K. Promo until 31 March 2016. - Contributed by poor man

3 months - 4.35%p.a.
6 months - 4.35%p.a.
9 months - 4.35%p.a.

Fixed Deposit Campaign T&C | e-Fixed Deposit Campaign T&C





*
Affin Bank - Fixed Deposit. Minimum Fresh Fund RM10K. Promo until 29 February 2016. - Contributed by BoomChaCha

12 months - 4.50%p.a.

*
BSN Bank - Fixed Deposits/ CM Deposit-I Account. Minimum Fresh Fund RM1K. Promo until 31 March 2016. - Contributed by yowhoong

12 months - 4.50%p.a.
60 months - 4.75%p.a.



*
Hong Leong Bank - Conventional Fixed Deposits. Minimum Fresh Fund RM10K. Promo until 29 February 2016. - Contributed by poor man

3 months - 4.20%p.a.

*
Hong Leong Term Deposit-i. Minimum Fresh Fund RM10K. Promo until 29 February 2016. - Contributed by poor man

6 months - 4.50%p.a.

This post has been edited by Ah SiAnG: Feb 7 2016, 09:13 AM

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MAYBANK Fixed Deposit (FD) CNY - Minimum Fresh Fund RM25K (Conventional), RM10K (Islamic). Valid until 29 February 2016. -Contributed by michaelho

8 months - 4.38%p.a.

FD CNY 4+4 CAMPAIGN (Conventional) T&C



*
OCBC Bank Fixed Deposit Deals. Minimum Fresh Fund RM10K. Valid until 30 April 2016 - Contributed by cybpsych

T&C Fixed Deposit Deals | T&C Fixed Deposit-i Deals

9 months - 4.15%p.a.
15 months - 4.30%p.a.



*
Public Bank Fixed Deposit. Minimum Fresh Fund RM20K. Valid until 30 April 2016 -Contributed by cklimm

9 months - 4.18%p.a.

Terms & Conditions

*
RHB Bank. Minimum Fresh Fund RM10K. - Contributed by Avangelice

3 Months - 4.2% p.a. - Valid until 31 January 2016
15 months - 4.4% p.a. - Valid until 31 March 2016



*
RHB Bank. Minimum Fresh Fund RM10K. Valid until 31 March 2016 - Contributed by wr6969

12 Months - 4.45% p.a.



*
UOB Bank. Valid until 29 February 2016 - Contributed by Gen-X

4 Months - 4.00%p.a.

7 Months - 4.15%p.a.

12 Months - 4.25%p.a.

*
Bank Rakyat FD. Fresh Fund RM50k. Valid until 31 March 2016 - Contributed by poor man

24 months for 4.55% p.a.

Terms & Conditions

[attachmentid=5467379]

*
Kuwait Finance House CNY Campaign - Minimum Fresh Fund RM10K. Valid until 5 April 2016. - Contributed by munkeyflo

6 months - 4.15% p.a.
12 months - 4.25% p.a.

Terms & Conditions

*
MBSB - Minimum Fresh Fund RM10K. Valid until 30 April 2016.

3 months - 3.88% p.a.
6 months - 4.08% p.a.
12 months - 4.18% p.a.

This post has been edited by Ah SiAnG: Feb 16 2016, 08:00 PM

*
BANK RAKYAT - NOT Eligible for PIDM

If you are willing to go deposit with a non PIDM member, then check out Bank Rakyat Deposit Account -i which is based on Islamic Principles and like all Islamic banks' products, the profit rate cannot be guaranteed.



Thanks to all members who highlighted that deposit more than RM5K with BR is now eligible for monthly dividend. However, please note that many members here reported that their monthly dividends were not be credited monthly but they have to call up BR staff to have it done manually every month!!!
Special thanks to bbgoat for reporting the tenure to be eligible for monthly dividend:-



eFD or eTD.Contributed by Nom-el



Contributed by ikanbilis


Bank Rakyat introduces Xclusive membership card - New added by okuribito on 20 November



Banks that pay interest for non-working days
OCBC
Bank Rakyat
UOB
May Bank (Need to remind May bank staff to add interest)
Affin Bank - updated by cybpscyh on 12 Dec 2014
Alliance Bank
Kuwait Finance House

Banks that do not pay interest for non-working days(after FD maturity date eg Saturday, Sunday & Public Holidays)
Am Bank
RHB
Standard & Chartered Bank

Bank that non-voluntary credit interest unless appeal
Public Bank (Need to complain to BNM then only pay interest)

New IBG Transfer Timing - Updated by gchowyh on 16 December 2014



List Of Banks With Survivorship Clause - Updated by magika on 16 November 2014
1. OCBC
2. RHB
3. Alliance
4. Ambank
5. Cimb
6. Hlb
7. Affin
8. MBB



A simple FD calculator to help you - by Human Nature on 13 January 2015
http://www.miniwebtool.com/fixed-deposit-calculator/

This post has been edited by Ah SiAnG: Jan 2 2016, 12:58 PM

well done

Glad to c tis have progress so far

well done. one up for ah siang!

Reporting in..

support >>>>>>>>>>>

Thanks for your effort, @Ah Siang

Thanks Ah Siang

Thanks Ah Siang gor

Affin Bank Year End Fixed Deposit Bonanza 2015

The bank juz added term to split the total fd, 80% total into 15 month remaining 20% into either 1 or 2 month fd

Etc, Rm10000 into rm8000 15month / rm2000 into 1 or 2 month.

Thanks for the info. Unfortunately, I do not have SCB account. I have tested & found out that the following banks can do online instant transfer to OCBC: -
i) Affin
ii) PBB
iii) UOB
iv) RHB

The following banks do not support online instant transfer to OCBC: -
i) MBB
ii) CIMB
iii) HLB

but what is the rate offered?

or the one who loves affin already found out?

Refer 1st post
1 month - 4.05% pa
2 months - 4.10% pa
15 months - 4.60% pa

Few aunties angry scold them for the sudden term change
80% = 4.60% for 15 month then remaining 20% 4.05 for 1 month

oic. effective rate is lower than 4.6% and 1 or 2 months later have to go there again.

might as well go for ocbc 4.5%!

i also just found out about it today.
i was trying instant transfer (FOC) from cimb to ocbc.
end up paid RM0.11 for the normal transfer instead.
sigh!

Does this new term applies only to the new placement or it is applicable to all including the one that was placed few weeks ago?

i placed mine recently. tis has to be for new placement. cannot ask us to go and change ours.

@wiliam, who loves affin, rite?

new~ only started yesterday.

If it is affecting previous placements too will go back to scold them too. Haha. Thanks for the info, maybe Affin just realized with 4.6% tak lah untung wor~~

With 20% fund in 1 month FD, meaning you still earn 4.6% for the remaining 80% fund, but too much trouble to go back again after 1 month Salute affin for coming out with such "brilliant" idea

To those who has OCBC premier save gold SA.
Not sure how it works though.

me too will scold them!
not putting anymore $$ there.

This is a bundled one, the effective rate sure lower than 4.55%

Once you placed it, then it is done and dusted.

Only newer placement is affected after the newer term introduced.

Very bz today

U have answer on my behalf

 Revision_of_Rates_effective_1Jan2016_BI.pdf ( 25.09k ) Number of downloads: 48


Found this interesting notice from Affin bank website, they are lowering the interest rate for normal saving account, example: 20K deposit used to give 2.7% pa, going to change to 1.5%pa only. Going to be the same for other banks?

Sorry, a bit out of topic as this is normal saving account.

Thanks for info.

Have been thinking of putting more eggs in Affin. With this change will just move to OCBC 4.5%.

This post has been edited by bbgoat: Dec 9 2015, 08:57 AM

Ya agreed. I have one maturing besok from MBB. Must run to OCBC lor.

managed to open 4.6% 15-month in Affin yesterday.. wasn't informed about the change in 80:20 requirements.

Interesting, you have "escaped" Affin's new T & C ?

Another issue of banks implementation of T & C ? I found the branch that I was in with people nothing to do but play their smart phones.

Now you know why I am loyal customer of affin bank. No customer, high FD rates. Everything done quickly. Feel like VIP customer cause no need to queue up without actually being a vip customer.

suitable for hnws & young punks like u & me?

still loyal with affin? now their sa rates also going down. you are fans of ambank alr'dy!

I tested the system before and got round it this way..works if you have few accounts in Alliance

I have several accounts with Alliance, each with different combination of account holder/s- some single name, some joint account with different family members.

Withdraw FD into account A. I saja try transfer $ online from say account A to account B, both account in Alliance. I tried placing eFD promo from account B..Voila dapat ie...funds from account A to account B seen as 'fresh funds' in account B. Actually I asked kat counter if I can do the above..the cashier said "tak Boleh"

This post has been edited by ??!!: Dec 9 2015, 11:12 AM

Suitable for those who want a feel of VIP banking without the money involved. (comfortable chairs, cold aircon, fast service) I never placed any money in their SA except for the minimum amount required to keep it active (for principal and interest crediting purpose only . Their SA rates sucks but their FD promo rates are usually excellent (except for what they just did).

Yup. Still loyal. Still got some FDs there which will mature some where next year. Heck all my leftovers FDs are in affin bank. Didn't place any FDs this year except eFDs at 1 month tenure eFD rates still not attractive

Just waiting for some banks to come out and topped ambank and I will make the switch. Is possible since banks are hungry for our money.

This post has been edited by Ramjade: Dec 9 2015, 11:09 AM

Any idea if alliance offer interesting 1 month eFD? So how long can you play this? (After every few months or until you run out of account?)

Affin is always quite empty.. but their processing is a bit slow compared to other banks (comparable to Ambank/stand chart)

Think no eFD promo for 1 month term.

Don't know how many times can do this with the average monthly bal rule..too lazy to calculate and I don't have so much to put in Alliance FD anyway

1 mth efd = Mach 10k

I want to park my funds in the Alliance 9 months eFD 4.35%. Is it beneficial to join the PB as well? I saw the website says need to put 10k in CASA, is this 10k being earmark for some time or can withdraw immediately?


..

I am only putting RM2k like that.

??? sorry - no faham

need 10k in CASA for PB?
Donno about this term for the PB. Previously takde this condition. They just need total amounts with them . can be in FD, CASA, other investments,etc.

The PB benefits for me now are run down to almost zero. Not going to maintain anymore.

Me 2

No more using their lounge ? Airport lounge ?

The 10k is casa earmark.for 1 mth only. After tat can remove one...

Their no conditions unlimited entry to lounges via Priority Pass ending this Dec.
2% cashback on Debit card also withdrawn.
Even coffee machine at centre rosak zaman dulu oso tak repair

oic...this means i lose about RM30 in interests for the one month earmark....

Aiyoh.. u got 200k, want to kira tat rm30 from 1mth meh..

Sifu here said dun give free money to the bank lor...


..

they removed the cashback starting dec 1. moved cash out.

how nice, now itchy to hear the catch phrase: no free moxxx to the banks.

Yesterday went to Affin bank Ampang Point to open FD account for the 4.6%. Once went in feel like government department. All staff like no need to do. Goyang sini goyang sana. Get number and waited for 20min the one and only customer service officer still goyang luar and goyang dalam. After that just left and go to OCBC for their 4.5%. Things done in 20min.
Even OCBC trainee looks better than Affin permanent staff.

This post has been edited by keyser soze: Dec 10 2015, 10:26 AM

Finally have a chance to be part of the OCBC 4.5% promo after my 4% promo with MBB matured And yeah, spent like 15 mins in OCBC and its all done. Feeling accomplished for the year! Haha.

seems like corporate culture of this bank.

How long have u been waiting for their call after you dropping ur information on their website?

Sorry I didnt enquire via their website. I just contact my RM there.

no need to wait for the call. go to the branch directly.

try OCBC Seremban branch, always crowded, wait at least 30 minutes and then take another 20-30 minutes to do

Had to top up 10% for the new FD promotion and the officer told the teller to proceed with the FD.
The teller think for a while and then she asked the officer how much is 10% of 20 K ?

The teller can't even calculate 10% of 20 K, can she count my interest ????

Systems will calculate int for u

Tat is why i opted for e-fd from alliance bank, even though it is 4.35 for 9 mths, lose out tat 0.15% to ocbc, but it is just a click away.. save many many hassle.

But cons is.. 25k in 1 single placement lo..

boring now. no more new promo.

affin taking step backward. now all banks waiting for u.s. interest rate hike and bnm opr change?

Chinese new year coming. Affin always have nice promo during Chinese new year.

This post has been edited by Ramjade: Dec 10 2015, 04:22 PM

with opr increase, this will be a good cny!

I found that OCBC FD placement is tedious and time consuming.
Took more than 30 min to place a FD.

Take Q number to meet the relationship office at desk outside the teller, (instead to counter/teller), then the officer fill in form and key in some info into computer, only then pass the document to the teller and still wait for teller to print the acknowledgement slip.

Seem like "double work".

Instead other bank, either officer or teller key in and print directly the slip and just let officer behind to sign off.

This post has been edited by cherroy: Dec 10 2015, 04:24 PM

Yes ka? Haiyo no more bullets liao for Jan/Feb. March baru ada

If opr decrease? Say BNM raise interest rates, lots of people may default. That's going to create a chain reaction to the banks. Most Malaysian are in debts too deep.

I think BNM will cut/maintain rates. So that it won't create a chain reaction.

Affin bank's CNY promo always extend until April.

This post has been edited by Ramjade: Dec 10 2015, 04:26 PM

hnws now becomes financial expert? there are always people with cash and others in debt. once u.s. rate hike, likely bnm will follow.

Oh perfect timing then.

OCBC lenglui told me Jan rates will go down ... see chun or not la in 3 weeks time when their promo ends.

Indeed they are, I've been there twice and I find each time, it's taking up my time just to wait. And furthermore, no lenglui to ease my time there.

lets wait n see on jan 4th.

no lenglui in ocbc? ask unkle boom.

the best rates now would be;

1) OCBC
2) UOB
3) Affin

right guys?

I vote to have a top 3 every quarter or so.

May I know, what is the cheapest way of transfering money to another different bank without having a savings account with them? Thanks.

Ini cara at the PB centre. Says the RM cannot touch the cash therefore, all cash must go direct to the cashier.

Err.. u transfer to a bank where you got no saving acc ?? Then money goes where ? There must be an acc to house that money...

I don't like to open many savings account because it is very hard to maintain it.

Usually when I place fd is purely a fd account therefore no savings account required.

I would just withdraw cash and place at branch.

But since money getting more and feeling not safe, I am looking for alternatives. How much do banks charge for cheques nowadays?

What you can do is upon maturity of the FD and after you have transferred your money, just close account. Always ask for bsa so that you do not need to pay for atm card.

BC is usually Rm5+ unless you are a vip customer.

U can double check on page 1

If so, then just let customer directly proceed to the teller, instead need to go one merry go round with customer service officer.

Teller Q number is easier to wait, while customer service officer, sometimes, need to wait more than half an hour just for a few people.
As those officer sometimes may be promoting other product to customer (saving plan etc), which I encountered before, just I told the officer, don't need to waste time on those thing, I won't interested one.
I come to bank has one intention only, aka placing FD, not buying insurance or UT.

you have been corrected on this. please stop this misleading info. bc charges has more to do with banks than vip or pb customer.

This post has been edited by sandkoh: Dec 11 2015, 10:17 AM

Cimb bank, affin, hl is Rm5+.PB/VIP only pay few sens for BC.

This post has been edited by Ramjade: Dec 11 2015, 10:18 AM

Yes, some banks has this issue of having to go through 2 officers to place FD. OCBC, SCB, Affin etc. CB PB centre just the CS will do. SCB PB centre can send FD cert to customers house by post which is good if we used their PB centre. BR wise go to teller will do.

Should make it one step, more efficient that way for both customer and bank.

This post has been edited by bbgoat: Dec 11 2015, 10:24 AM

tun, for normal customers:

mbb rm 0.53
uob rm 0.68
pbb rm 0.68

please stop saying rm5+ for bc.

If like that, how are banks going to sell you their products. They need to sweet talk you first.

This post has been edited by Ramjade: Dec 11 2015, 10:31 AM

Alright noted. So these banks charge damn low and cimb, hl, affin charges Rm5+.

make sure you remember. you kind of tend to forget though you have been corrected before.

pipu talking about bank efficiency. the cs can also become one step flo.

hope not saying "bank bc is rm5+ for non vip customer...." again

hnws busy studying ..........in this forum (not in college) so forgive him. it happens before and may happen again