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Best Fixed Deposit Promos Malaysia 2023 [Updated Weekly]

BY Team Loanstreet

Updated 18 Jan 2023




Follow Loanstreet on Facebook & Instagram for the latest updates. 

[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
 
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 Promotion
 

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!


ALSO READ:


*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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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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