Best Fixed Deposit Promos Malaysia 2023 [Updated Weekly]

Here are the Best Fixed Deposit Promos in Malaysia 2023

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[Last update: 27 November 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 Wealth Deposit Campaign	Up to 13.38% p.a	RM10,000	-	Up to 6 months	01 October 2023 - 31 December 2023	-
Affin Bank Banca Deposit Campaign 2023	Up to 28.88% p.a.	RM10,000	-	Up to 6 months	01 October 2023 - 31 January 2024	-
Alliance Bank Dash4Cash eFD promotion	4.20% p.a.	RM1,000	RM100,000	12 months	01 October 2023 - 31 December 2023	-
Alliance Bank New to Alliance Privilege (“PB”) Welcome Fixed Deposit/Alliance Term Deposit-i 2023	4.10% p.a.	RM1,000	RM300,000	6 months	01 October 2023 - 31 March 2024	-
Alliance Bank New to Alliance Personal (“AP”) Welcome Fixed Deposit/Alliance Term Deposit-i 2023 Campaign	4.10% p.a.	RM1,000	RM100,000	6 months	01 October 2023 - 31 March 2024	-
Alliance Bank Alliance Bank Bancassurance & FD campaign	Up to 9.50% p.a.	RM1,000	-	6 months	1 September 2023 - 31 March 2024	-
AmBank Online Promotion for eFixed Deposit	Up to 4.10% p.a.	RM10,000	-	Up to 18 months	21 October 2023 - 31 November 2023	-
Bank Islam MaxCash Promotion	5.90% p.a.	RM10,000 (70:30 between TDT and Al-Awfar, respectively)	-	12 months	24 March 2023 - 31 December 2023	-
Bank of China Fixed Deposit Bundle With Current or Savings Account Promotion	Up to 4.68% p.a.	RM10,000 (80:20 between FD and CASA respectively)	-	Up to 3 months	1 August 2023 - 31 December 2023	-
Bank Muamalat Fixed Term Account Fantastic Pocket Campaign	4.05% p.a.	RM10,000	RM80 million	6 months	19 October 2023 - 30 November 2023	-
Bank Simpanan Nasional Term Deposit-i - BSN SSP Platinum	Up to 5.88% p.a	RM5,000	-	6 months	17 August 2023 - 31 December 2023	-
CIMB Bank FPX eFD/eFRIA-i CAMPAIGN	Up to 3.75% p.a.	RM1,000	-	Up to 12 months	23 November 2023 - 17 January 2024	-
Hong Leong Bank eFixed Deposit /eFixed Deposit-i	Up to 3.75% p.a.	RM1,000	RM200,000	Up to 12 months	01 November 2023 - 30 November 2023	-
Hong Leong Bank HLB Priority Banking Welcome Proposition Fixed Deposit	4.08% p.a.	RM10,000	RM500,000	3 months	02 November 2023 - 31 December 2023	-
HSBC Bank HSBC Premier Time Deposit Promotion	Up to 7.00% p.a.	RM50,000	-	6 months	21 August 2023 - 30 November 2023	-
Maybank e-Islamic Fixed Deposit-i	Up to 3.85% p.a.	RM1,000	RM15 million	Up to 6 months	16 October 2023 - 30 November 2023	-
OCBC Bank Fixed Deposit/-i Promo	Up to 4.18% p.a.	RM1,000 (90:10 between Fixed Deposit/-i and Savings Account/-i)	RM5 million	6 months	15 November 2023 - 31 December 2023	-
Public Bank PB eFD via FPX campaign	Up to 3.85% p.a.	RM5,000	RM2 million	Up to 12 months	01 October 2023 - 31 December 2023	-
Public Bank PB RCB Special FD/TD-i campaign	Up to 3.90% p.a.	RM300,000	-	Up to 12 months	01 October 2023 - 31 December 2023	-
Public Bank PB Special Fixed Deposit Campaign	Up to 3.80% p.a.	RM5,000	RM10 million	Up to 12 months	01 October 2023 - 31 December 2023	-
RHB Bank Fixed Deposit (FD) / Commodity Murabahah Deposit-i (CMD-i)	Up to 10.88% p.a.	RM10,000	-	Up to 6 months	01 October 2023 - 31 December 2023	-
RHB Bank RHB Term Deposit & e-Term Deposit	Up to 3.95% p.a	RM5,000	-	6 months	01 November 2023 - 30 November 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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