Best Fixed Deposit Promos Malaysia 2023 [Updated Weekly]

Here are the Best Fixed Deposit Promos in Malaysia 2023

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[Last update: 17 January 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 prom	Up to 4.20% p.a.	RM20,000	RM200,000	Up to 18 months	1 Jan 2023 - 19 Jan 2023	-
Alliance Bank Bancassurance & FD Bundle campaign	8.25% p.a.	RM1,000	Up to one time of annualised premium amount of purchased product	6 months	1 Oct 2022 - 31 Mar 2023	-
Alliance Bank CNY Bancassurance and Fixed Deposit Campaign	Up to 13.88% p.a.	RM1,000	-	Up to 6 months	5 Dec 2022 - 28 Feb 2023	-
Alliance Bank e-Fixed Deposit	4.1% p.a.	RM1,000	RM100,000	12 months	14 Dec 2022 - 28 Feb 2023	-
Alliance Bank New Investor Campaign	9.25% p.a.	RM1,000	Up to one time of the invested unit trust amount	3 months	1 Oct 2022 - 31 Mar 2023	-
Alliance Bank Unit Trust and Fixed Deposit Bundle	7.25% p.a.	RM1,000	Up to one time of invested unit trust amount	3 months	1 Oct 2022 - 31 Mar 2023	-
AmBank FD/TD-i Promo	Up to 7% p.a.	RM1,000	RM1,000,000	Up to 12 months	8 Nov 2022 - 31 Jan 2023	-
Bank Muamalat FTA-i (FD-i) Fleksi Mega Campaign	4% p.a.	RM5,000	-	3 months	1 Nov 2022 - 31 Jan 2023	-
Bank Muamalat Fixed Term Account-i Fleksi Mega Combo Campaign	Up to 6.46% p.a.	RM10,000	-	Up to 12 months	1 Dec 2022 - 31 Jan 2023	-
Bank Rakyat KEMPEN DEPOSIT-i BERJANGKA	4.05% p.a.	RM10,000	-	6 months	10 Nov 2022 - 31 Jan 2023	-
Bank Simpanan Nasional BSN Term Deposit-i Senior	Up to 3.05% p.a	RM1,000	-	Up to 9 months	17 Dec 2022 - 31 Mar 2023	Aged 50 years old and above only
CIMB Bank FRIA-i CNY CAMPAIGN	3.98% p.a.	RM1,000	-	8 months	3 Jan 2023 - 29 Jan 2023	To be eligible ustomers must open an FD/FRIA-i account over the counter or online via CIMB Clicks website
CIMB Bank TIA-I Campaign	Up to 4.15% p.a.	RM10,000	-	Up to 12 months	9 Nov 2022 - 29 Jan 2023	-
Hong Leong Bank eFixed Deposit/-i P romotion	Up to 4.13% p.a.	RM10,000	RM200,000	Up to 6 months	5 Jan 2023 - 15 Feb 2023	Valid for New Funds only.
Hong Leong Bank eFD/eFD-i CNY Promo - New Customers only	4.18% p.a.	RM1,000	RM200,000	6 months	5 Jan 2023 - 27Jan 2023	Valid for New Funds only.
Hong Leong Bank eFD/eFD-i CNY Promo	Up to 4.13% p.a.	RM10,000	RM200,000	Up to 6 months	5 Jan 2023 - 15 Feb 2023
HSBC Time Deposit Special Rate	Up to 4.38% p.a.	RM200,000	-	6 months	19 Sep 2022 - 28 Feb 2023	-
OCBC OCBC 90th Anniversary	Up to 3.79% p.a.	RM1,000	-	Up to 13 months	10 Nov 2022 - 31 Jan 2023	-
Public Bank PB eFD via FPX campaign	Up to 4.25% p.a.	RM5,000	RM2 million	Up to 12 months	1 Jan 2023 – 31 March 2023	-
Public Bank PB FD Bonanza Campaign	Up to 4.35% p.a.	RM5,000	RM10 million	Up to 18 months	1 Jan 2023 – 31 March 2023	-
Public Bank PB RCB Special FD/TD-i campaign	Up to 4.25% p.a.	RM5,000	RM2 million	Up to 12 months	1 Jan 2023 – 31 March 2023	-
Public Bank PB Special Fixed Deposit Campaign	Up to 4.25% p.a.	RM5,000	RM10 million	Up to 12 months	1 Jan 2023 – 31 March 2023	-

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!

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*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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