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Best Fixed Deposit Promos Malaysia 2023 [Updated Weekly]

BY Team Loanstreet

Updated 28 Nov 2023




Follow Loanstreet on Facebook & Instagram for the latest updates. 

[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
 
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!


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

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