Actually, it is effective 23 April for UOB
7 months 2.3% pa
9 months 2.4% pa

However, Ambank gives better rate
9 months 2.5% pa
18 months 2.7% pa

OPR maintained at 1.75%

Full article and link
https://www.bnm.gov.my/-/monetary-policy-statement-06052021

Not attractive at all with 10% earmarked in CASA.
This means that the effective rate is only 2.25% pa (2.5% * 90%), which is way below other banks.

The earlier promotion shared is even better for 9 months @ 2.4% pa.

Via Internet - means both app or website

Freahfuns via fpx

Remember that you can withdraw money via ATM. There is no charges for MEPS withdrawl since MCO1. So, do note on this.

Ambank 9 mths - 2.50% pa

Affin 12 months - 2.55% pa

Affin higher unless you put longer tenure in Ambank or able to negotiate a higher rate

Online also can. Furthermore, no requirement of rm10k in Casa. See picture for the promo code.

Is this a pure FD or bundled with investment?

Do you have the TnC?

I asked the Kepong branch and they said don't have this promotion. Need more info to push them

UOB July rates

6 months - 2.2% pa

12 months - 2.3% pa


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Since u put before 1 July, u need to check the June promotion. The rates in the picture above relates to placement on 1 July onwards

TIA is term investment account. Technically, it is not a FD.

FD = capital is guaranteed by PIDM up to rm250k per depositor and for 1 to 1

TIA = investment account not guaranteed by PIDM. As in any investment, you might or might not get back 1 to 1. You have to assess based on track record and past experience. Of course, banks have the clause that says "Past performances are not indication of future events".

Technically, it should be:

rm5000 * days for the 3 months / 365 * 2%

Cause interest is calculated by days. Different months have different days

UOB
November promotion
6 months - 2.15%
12 months - 2.30%

Interest paid monthly

UOB
6 months conventional & islamic
12 months islamic

PIDM coverage is up to rm250k for each - rm250k for conventional and rm250k for Islamic

The interest from Islamic FD can go to Conventional SA. I have placed in both Conventional and Islamic FD before and the interest from both type of FD is credited to Conventional SA.

Affin Bank
Conventional and Islamic

1 month - 2.10% pa
3 months - 2.40% pa
6 months - 2.45% pa
9 months - 2.50% pa
12 months - 2.55% pa
18 months - 2.60% pa
24 months - 2.60% pa

Starting only on 1 Feb. Have to wait 2 weeks wor


Attached File(s)
 hlb_cny_exclusive_efd_and_efd_i_promotion_tnc_en.pdf ( 552.44k ) Number of downloads: 147

Affin rates better. Some more, it is a FD and not TIA

Affin offers the best rate at the moment.

Affin bank CNY promotion




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