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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
Fixed Deposit Rates in Malaysia v11
Fixed Deposit Rates in Malaysia v12
Fixed Deposit Rates in Malaysia v13

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 at 6 August 2016.

Bank	1 month	3 months	6 months	12 months	Remarks
Affin Bank	3.00%	3.05%	3.15%	3.45%
Alliance Bank	3.05%	3.05%	3.10%	3.15%	FD Gold 12 months 3.25% (Interest paid monthly)
AmBank	2.95%	3.00%	3.05%	3.15%
Citibank	2.70%	2.75%	2.75%	2.85%
CIMB Bank	2.95%	3.00%	3.05%	3.10%
Hong Leong Bank	2.80%	2.85%	2.90%	2.90%
HSBC Bank	2.75%	2.85%	2.85%	2.90%
Maybank	2.95%	3.00%	3.05%	3.10%
OCBC Bank	2.65%	2.75%	2.85%	3.00%
RHB Bank	3.00%	3.05%	3.10%	3.05%
Public Bank	2.95%	3.00%	3.05%	3.10%	PB Golden 50 Plus 12 months 3.20%
Standard Chartered Bank	2.70%	2.85%	2.90%	3.00%
UOB Bank	2.70%	2.80%	2.90%	3.00%

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.

*
Affin Bank. Minimum Fresh Fund RM10K. Valid until 28 February 2016

Terms & Conditions



*
Bangkok Bank. Minimum Fresh Fund RM10K. Valid until 28 February 2017

3 months - 3.70%p.a.
5 months - 3.90%p.a.



This post has been edited by Ah SiAnG: Dec 21 2016, 09:16 PM

*
Maybank General Investment Account-i (GIA-i) Campaign. Minimum Fresh Fund RM10K. Valid until 15th February 2017

6 months - 3.90% p.a.
12 months - 4.10% p.a.

Terms & Conditions







*
Maybank FD/IFD-i SPEED 4 (4 MONTHS). Minimum Fresh Fund RM10K. Valid until 31 December 2016

4 months - 3.71% p.a.





*
Maybank FD/IFD-i JOY 2 (2 MONTHS). Minimum Fresh Fund RM25K. Valid until 31 December 2016

2 months - 3.60% p.a.

*
OCBC Bank. Minimum Fresh Fund RM10K. Valid until 31 December 2016

12 months - 4.00% p.a.

OCBC Fixed Deposit Deal T&C | OCBC Al-Amin Fixed Deposit Deal T&C



*
Public Bank PB Fixed Deposit / Term Deposit-i. Minimum Fresh Fund RM10K. Valid until 31 December 2016

6 months - 3.88% p.a.

Terms and Conditions

*
Bank Muamalat Wang Besar! 4 Campaign. Valid until 6 January 2017

Terms and Conditions




This post has been edited by Ah SiAnG: Dec 21 2016, 09:33 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/

Good job @Ah SiAng !

Hoping that at least FD promo can stay at 4% level !

Yaya new thread
Expecting opr cut by year end

Syabas!

Guys, Is it considerable for Mbb 3.88 9 month fd ?
What gonna happening in this nine months, will we get back 4%+++ by new year ?

Thank all

best as of now.

Under Mbb merdeka promotion.


*Should there be any Overnight Policy Rate (OPR) change, the offer rates may be revised.

What is the meaning ?
They able to change the currently rates if we already placed an account?
or the rates on board ?

No way. FD rates will continue going down. OPR going down further.

as expected.. and by that time many will withdraw their fd

And move to where??

aud or amanah or ut for certain ppl

This post has been edited by aromachong: Aug 20 2016, 11:16 PM

Oh yeah...
But risk is high for UT & Aud
So some will still keep FD...

For Bangkok bank FD, can we open FD account without opening saving account?

Hi, everyone. If you don't meet the minimum of 10k that means you don't qualify for the promotion. So does that mean the only option is the regular rates of the banks? Thanks for clarifying.

Not necessarily. You have 2 options:
(i) look for banks that accept <RM10k as fresh fund (usually BSN - but I sm not sure if they have promo now or not
Bank Muamalat accept RM3k for 3 months - 3.98%)
Source: http://ringgitstretch.blogspot.my/
(ii) park in Maybank eGIA-i first. Every month uplift, add new money + interest earned until you reached RM10k.

Hope that helps.

Woot! so fast new thread yet again! Time flies man!!
my CIMB 3-mth is almost matured, time to see any good deals, or remain with the chuka idako

I hope some Banks will continue to offer straight forward 12 mths FD at 4% until end of tis yr

If u have locked-in, they won't change

Unlikely as OPR is going to be cut some more. Even the highest Affin (4.05% now) will be reduce.

In tis respect, need to lock-in slightly longer tenure

Affin 4.05% pure FD fits in nicely for now.

No worry..
Once u place, the rate is locked..
Only when mature, it will reflect new lower rate..

The winners and those who needn't worry are those who took in 2015

Ambank's 2 years FD @ 4.6%p.a.

This post has been edited by pearl_white: Aug 21 2016, 06:07 PM

The real winners were those placed the MBSB exclusive 5 before it discontinued, 4.7% for 5 years, even better than most corporate bonds

38pcs in hand.

Thanks for reply
This is considerable... when possibility of dropping opr in this few months

Thanks for reply.
Looking forward to this lo☺

If i want to transfer my money ( more than 50k) from one bank to another bank. Which is the best and cheapest method to do so? I dont have online banking. Sorry for my noob question.

cheque.

can specifically request for banker's cheque. (may not be cheap depending how you negotiate)
Go to your homebrach, and transfer out via any transfering methods.

Sad to say they withdrew tis product wef 1/1/2016

The best I got is the AmBank 2 yrs 4.6%, Oct/Nov 2015. Never have luck with MBSB's 4.7%.

Saw advertisement by RHB in The Star today
They offer 3.7%/3.9% for 6/9 mths FD

Asked HLB
Conventional - fresh fund
6 months 3.8
12 m 3.95

go to the bank and ask for RENTAS

Asked PBB
fresh fund
3m 3.68
6m 3.88 (monthly interest auto credit by bank)

RM 0.53 only....

Bangkok bank 4.1% still the highest for straight forward 12m FD, but not many ppl seems interested. Is it due to far distance or long waiting time to process ?

this is why bank offering highest rate may not be practical or feasible since you'll be wasting time (travel/counter) and money (parking/toll/petrol) just to gain a little gain.

looks like for 6months, PBB offer is the best for now.
3.88% interest direct credit

distance + time / return

unless few mils on hand

limited branch, lose few days to 1 minggu interest when first open account.

12 m 3.95
is this applicable to all HLB branch ?
no HLB news on the first page
thanks

all.

Does pbb allow upliftment at different branch?

you also missed out the 4.7% from BR?
mbsb ones 6 monthly interest. BR ones better, monthly interest.

nope.

The longest I have with BR is 2 years 4.55% starting March 2016. Did not go for the 5 years one. BR 5 yrs board rate is now 4.3%.

With MBSB just the 18 mth one of 4.5%.

Probably need to allocate some 5 yrs eggs.

Actually yes for public bank. But the cash withdrawal is limited to 20k per day, if use banker cheque i not sure.

Need to consider logistics b4 commit

Bangkok bank cannot leh..

too long waiting time for first time

Take how many hours ?

take 1 week to open new account / placements

New thread... But no exciting news yet😵😵

YA LOR.. rates so low.. how to get excited?

I hv FD due 1st sept.. now still thinking where to park it to make my $$$ work harder!

Consider Affin Bank

my fd due at hlbb. 6 mths currently best is still PBB at 3.88% pa. was at thread version 10. sekejap only version 13. congrats! lol

Congrats on new thread! Woot!
Rates don't look that good. Oh well..

Now already V.14

affin 4.05% pure FD is for 15 months right? Couldn't find details at Pg 1.

I just called, interest upon maturity , no other T&C.

TS didn't update 1st page
Yes, 4.05% is straight forward FD for 15 mths

Thanks. Does anyone have any experience as to whether Affin pays interest on weekends?

haha sorry see wrongly

have any promotion for BR?1 yr only 3.7%....faint

Last week I asked, was told no promo.

Add: Confirmed that to date, still no FD promo from BR.

This post has been edited by bbgoat: Aug 24 2016, 12:49 PM

No promo even for merdeka

current 5 yr rate too low , not worth to be tied down. that MBSB 4.5% for 18 m must be sometime ago..sure no more now.

Ya, the MBSB one was in Aug 2015. My first ever placement with MBSB. Now looking back, should have placed for their 5 yrs one. Anyway, history !

This post has been edited by bbgoat: Aug 24 2016, 10:32 PM

economy no good ma.. haha..

Dun regret
Perhaps u may consider to lock-in 5 years now in anticipation of lower interest rate next year

Time to park all my fds into unit trust by doing dca. 3.7 is sad

No regret. May see how things goes before deciding on 5 yrs. Have one 5 yrs FD with AmBank of 4.55% before they offered 2 yrs 4.6%, but small amt.

Anyway, I think good to spread out FD to 5 yrs, 3, 2 and 1 yrs tenure.

V r on the same page

Good plan..
Don't dump all in one tenure..
Spread the risk

Already have spread out to 1,2,3 yrs tenure. 5 yrs one just one FD, need to allocate more. Kind of late now. Or it is never too late.

This post has been edited by bbgoat: Aug 25 2016, 10:55 AM

Well its never too late lor
Some not even done / started...

Hahaha, your post and my edited post clash with each other.

We are on the same page

U have shortlisted which fund?

From what i read and gather, look like 3.95% and 4.05% per year are the most attractive FD interest rate ..... so the winners go to
HL Bank and Affin Bank...... any objections......


question should we banks that has very less branches or no PIDM .....

PIDM is just for mental comfort only whereas logistics (i.e. less branches) is 1 of d factor to consider

I got roughly around 30k to play with after it matures. I'm going to keep 10k as an emergency fund in a savings in case my dad gets sick. And 20k to be invested every month in

Manulife india.
RHB Asian income fund
Rhb total return fund (small percentage as it's a fix income)
Malaysian small cap.

Will wait it out if I can take up TA US.

It beats FD rate anyway

B cautious on RHB TRF as 1 yr return is ard 3%

Well I like affin bank..
Less people.. Got newspapers to read lucky got drinks too

Yeap exactly. I parked around 4k in there so it's already way too much for my comfort zone. I'll try to talk to any of the girls in maybank and ocbc if they can offer me a rate I'm comfortable with.

Wat is yo expectation?

See if I can weasle a 4.2. Last year one of the mbb girls offered me 4.5 eventho it was stated 4.2 last year

FD rate can negotiate one ?

Have you tried calling them? Or visit maybank website

CIMB Conventional : (depending on amount and branch, ask staff to request)
==================================================

1 month - 3.65%
3 month - 4.05%
6 month - 4%
12 month - 3.95%


CIMB Islamic FD
============
1 month - 3.7%
3 month - 4.1%
6 month - 4%
12 month - 3.95%


but I opted for Affin Bank Package 2 to be entitled to 4.15% (15months), just open an SA and apply debit card (free for 1st year). Hopefully I made the right decision

Better rate from CIM Bank wooo...