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Best Fixed Deposit Promos Malaysia 2023 [Updated Weekly]

BY Team Loanstreet

Updated 16 May 2023

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[Last update: 16 May 2023]

Are you interested in the latest Fixed Deposit Promos in Malaysia? Want to get the most out of your hard-earned money? Well then, this article is for you. Here's the list of the most recent Fixed Deposit promotions. 

Fixed Deposit is a type of investment account that allows you to invest a lump of money for a fixed time period and at a fixed rate of interest. It's quite popular because it's known to be risk-free and has higher interest rates when compared to a regular savings account. This is because it's calculated on a yearly basis, unlike a savings account which is calculated on a daily basis. The tenure of the fixed deposit account can also affect the interest rate - the longer the tenure, the higher the interest rate is given. 

NOTE: Should there be an Overnight Policy Rate (OPR) change, the Promotional Rate may be revised.

What's covered in this article?

Bank & Promotion Interest Rate Minimum Maximum Tenure Promotion Period Remarks  
Affin Bank

eFD/eTD-i Campaign
Up to 4.05% p.a. RM10,000 RM200,000 12 months 20 April 2023 to 3 May 2023    

Alliance Bank

Dash4Cash Campaign -  e-FD Promotion
4.2% p.a. RM1,000 RM100,000 12 months 1 April 2023 to 30 June 2023 -  

Bank Islam

MaxCash Promotion
5.9% p.a RM10,000
(70:30 between TDT and Al-Awfar, respectively)
- 12 months 24 March 2023 – 31 Dec 2023 -  

Bank Islam

TDT Extra Campaign
4.25% p.a RM10,000 - 12 months 24 March 2023 – 31 Dec 2023    

Bank Simpanan Nasional
Up to 5.88% p.a RM5,500 - 6 months 15 Feb 2022 - 15 Aug 2023 -  



Up to 3.95%
RM1,000 - 12 months 10 May 2023 - 10 July 2023




TIA-I Campaign
Up to
4.10% p.a.
RM1,000 - Up to 12 months 10 May 2023 - 13 July 2023 -  

Hong Leong Bank


Up to 3.90% p.a.
RM10,000 RM200,000 Up to 12 months 01 Apr 2023 -
10 May 2023

Public Bank

PB eFD via FPX campaign
Up to 4.05% p.a. RM5,000 RM2 million Up to 12 months 1 Apr 2023 – 30 Jun 2023 -  

Public Bank

PB RCB Special FD/TD-i campaign
Up to 4.10% p.a. RM300,000 - Up to 12 months 1 Apr 2023 – 30 Jun 2023 -  

Public Bank

PB Special Fixed Deposit Campaign
Up to 4.00% p.a. RM5,000 RM10 million Up to 12 months 1 Apr 2023 – 30 Jun 2023 -  

RHB Bank

(Unit Trust & FD/Commodity Murabahah Deposit-i campaign)
Up to 21.00% RM30,000 - Up to 6 months 1 April 2023 – 30 June 2023 -  

RHB Bank

(Amanah Saham Nasional Berhad Variable Price & FD/Commodity Murabahah Depositi Campaign) 
Up to 8.9% RM 10,000 - Up to 6 months 1 April 2023 – 30 June 2023 -  
Standard Chartered Bank

(Priority Banking FD campaign
Up to 9.5% p.a. - - 6 months - -  

If you're interested in any of the fixed deposit promotions above, please contact the respective bank to get started. Don’t forget to check this article from time to time for the latest fixed deposit promotions. Also, share it with your friends so they can start making some extra money too.

Besides the promotions listed above, you can also check out our fixed deposit rates page here (from all the banks in Malaysia) which is updated daily. Happy investing!


*The above article is intended for informational purposes only. Loanstreet accepts no responsibility for loss that may arise from reliance on information contained in the articles.

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About the Author

Team Loanstreet

Run by a professional human-sized team, get resourceful tips & guides from our very own library of financial articles that can help improve your financial lifestyle & make a well-informed money decision. We strive to provide you with the best service in helping you to get the most out of that DUIT!


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