Revised on Tuesday 11  February 2020 after walk around FD Survey from various PJ branches after telephone calls to call centres and branches.
Please check with your bank branch as answers/info may differ between different branches, staff and different days.

NO PROMOS AT 6 BANKS

BSN, Bank Islam, Maybank, MBSB, Bank Muamalat, Bank Rakyat.

PROMOS AT 10 BANKS

1) AFFIN from 3 Feb ufn or when target reached for these rates. OTC.
3.65 % p0m12 and 3.70 % p661m13, p663m15, p6m18, p6m24, p6m36, p6m48, p6m60.
minimum 10k FF per deposit, maximum 100k FF per depositor.

You may need to talk to your branch as I was told 3 different versions.

2) ALLIANCE from 23 Jan to 31 Mar 2020 Exclusive 100 FD : 10 CASA Campaign for Astro Monthly subscriber. OTC.
Astro subscriber can only choose to make only 1 deposit.
Minimun 10k FD :  1k CASA  earmark (min 11k FF). Maximum 50k FD : 5 k CASA earmark (max 55k FF).
Choose either 3.95 % p0m3 or 3.90 % p0m6 for FD portion..

Calculate the actual collection relevant to your deposit and CASA. Nominal EIR are 3.95 x 100 /110 = 3.59 % and
3.90 x 100 / 110 = 3.54..%

ALLIANCE from 10 Feb to 31 Mar 2020 promo OTC.
50 FD : 50 CASA earmark.
From minimum 10k FD : 10k CASA earmark (min 20k FF).
3.80 % p0m6 for FD portion.

Calculate the actual collection relevant to your deposit and CASA. Nominal EIR is 3.80 x 50 / 100 = 1.90 %.

3) AMBANK OTC from 17 Jan to 31 Mar 2020.
3.98 % p0m3 70 FD : 30 CASA earmark.
From minimum 14k FD : 6k CASA earmark per placement (min 20k) to maximum 210 k FD : 90 k CASA earmark per depositor (max 300k).

Calculate the actual collection relevant to your deposit and CASA. Nominal EIR is 3.98 x 70 /100 = 2.786 %.

4) BANGKOK from 31 Jan to 31 Mar 2020 pure FD. Minimum 5k FF OTC.
3.70 % p0m3
3.75 % p0m6 and p0m9.
3.85 % p0m12.

5) CIMB (Jaya One, PJ branch). Minimum 10k FF ufn. OTC.
3.45 % p0m6.
3.50 %  p0m12.

Please check with your branch, as may have branch differences - one branch said no promo, another gave lower offers.
All 3 branches in PJ - I just mention the best one I visited.

6) HONGLEONG till 29 Feb 2020, 3 pure FD.

3.60 % p0m6 eFD FPX minimum 10k FF.
3.45 % p03m OTC FD minimum 10k FF.
3.55 % p06m OTC FD minimum 10k FF. (Previous day was told 3.50 % on the phone.- please check)

TIA (Islamic investment, no PIDM) 3.88 % p06m placed thru internet.
29 Jan to 18 Feb 2020.

7) OCBC till 29 Feb 2020. Min 10k FF OTC.
3.40 %  p01m6

OCBC every Saturday in February 2020 at certain conventional branches
3.48 % po1m9

8) PBB 8 Jan to 31 Mar 2020. Min 10k FF OTC.
3.25 % p0m3
3.30 % p0m6

9) RHB from 6 Feb to 31 Mar 2020.Pure FD.
3.55 % p0m6 min 10k FF OTC.

10) UOB Islamic only. Minimum 10k FF. OTC.
3.45 % p1m7
3.50 % p1m9
IS THE FD RATE OFFERED COMPETTIVE AGAINST THE USUAL BOTTOM BOARD RATE REFERENCE?

BSN board rate wef 31 January 2020.
3.20 % p0m12.

COMPARING AGAINST THE BETTER FD BOARD RATE BANKS

BANK RAKYAT
2.95 % at m1
3.00 % at m2
3.10 % at m3, m4, m5
3.25 % at m6, m7, m8
3.30 % at m9, m10, m11
3.50 % at m12, m15, m18
3.60 % at m24
3.70 % at m36
3.75 % at m28
3.80 % at m60

MBSB
2.85 % at m1, m2
2.90% at m3
2.95 % at m6
3.05 % at m9
3.15 % at m12
3.20 % at p0m15, 3.15 % at p3m15, 3.10 % at p1m15
3.25 % at p0m18, 3.20 % at p3m18, 3.15 % at p1m18
3.30 % at p0m24, 3.25 % at p3m24, 3.20 % at p1m24
3.35 % at p0m36, 3.30 % at p3m36, 3.25 % at p1m36
3.35 % at p0m36, 3.30 % at p3m36, 3.25 % at p1m36
3.40 % at p0m48, 3.35 % at p3m48, 3.30 % at p1m48
3.60 % at p0m60, 3.55 % at p3m60, 3.50 % at p1m60

AFFIN
2.75 % at m1, m2
2.80 % at m3, m4, m5
2.90 % at m6, m7, m8
3.00 % at m9, m10, m11
For 12 months and above, refer to write-up on AFFIN in promo section.

this has been explained before. simply search "p01" and you will get all info.

It’s quite confusing to understand, but here’s the link if you can’t find thru the searches. It took me a while to understand too.

Normally bank staff will not normally mention that there is a choice/option for periodic payments even if there is.
The default is p0 - payment on maturity. Since most customers simply assume that all FD are the same, the banks are more than happy to pay at maturity than at periods as it is cheaper for the bank.

In the past, most working people and youngsters would not be aware as they would not come into contact with such a situation or even qualify. But here, in this thread, I make it a point to mention as it is a feature that is most helpful to retirees and those who want to have some kind of cashflow, or earn more..

For example, Ambank had a rule for seniors for various periodic payments. Why should the bank even bother to mention or explain to working or young people who can never qualify? Actually the youngsters can enjoy it but they need to have a joint account with a senior.

Bank Rakyat had a p01 monthly payment conditions for FD, but the majority never read the small print or ask or even know how to apply it, and so end up with payment on maturity. Besides that, a lot of people are scared to take Bank Rakyat as no PIDM.

OCBC normally have a p01 offer for longer periods. Can chooose to be paid on matuirty or monthly. Formerly, they were not so forthcoming with this sort of info to those who ask for their rates.

And how many people actually have dealing with MBSB formerly, as it was not a full bank? The different rates applicable to p0, p1 and p3 had been there for a long time.

Nowadays, there are some banks which will even make it p1 for the FD offer with compulsory CASA account. Formerly old folks would show up with their passbooks and the ATM cards for monthly withdrawals, but now can do IBFT transfers for both young and old customers to their bank ATM nearest to them or to their main operating account.

So true!

Especially NOW. FD rates down, but hotel rates also. This will never happen again probably, so many amazing luxury hotels for almost nothing. Sure in 2021 when the tourists are back all prices will double again. A true FD hunter like me now becomes a five star hotel hunter, my wife and kids will love me

Affin FD till Jan 20 2022

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See his reply to a similar question asked earlier in in a post above yours?

The chart already shows the rate for Invikta and non-Invikta (for normal customer).

Under EFDPROMO, 12m 2.55% is there.

Cant find for the 1m. Didn't check the rest too. Maybe OTC.

i just manage to place eFD ytd, 18 months 2.60%

1 and 4 are almost the same (fixed deposit) where Islamic funds cannot be used to buy pork related products or give loans to non halal company

number 2 self explanatory, it's investment and u may lose all / part of your $$

number 3 no idea. Sounds like FD (islamic) but it says "trading" like trust fund.

1..2..n 4 is all fd but separated into conventional and islamic entities.

Maybank efd especially GIA-i used to be the hot favourites for us other than banks promo rates back then with indicative rates of around 4%. Now if not mistaken its not favourable. I do still have some but really not bothered as its only to hold for my current expenses.

If you login to Maybank website, do an fd placement then all four of the above choices are available. Why then place the choices in the fd placement tab if its not fd albeit with a bit of variety.

Regarding the differences between them , then look at the indicative rates for islamic products and compare them to interest rates for conventional fd products. Even though islamic base products are not guaranteed as its syariah base principle does not allow such a guarantee, forumers here can relate that its indicative rates translate to actual rates.

I have completely lost interest in fd rates a few years back as the prevalent low rates does not warrant my research time. GIA- i seems to have evolve a bit now , and seems not to have PIDM coverage if i am not mistaken.

Just sharing my opinion.