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Best Fixed Deposit Promos Malaysia 2024

BY Team Loanstreet

Updated 14 Oct 2024




Follow Loanstreet on Facebook & Instagram for the latest updates. 

[Last update: 14 October 2024]


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
Alliance Bank

(Investment & FD Bundle Campaign)
Up to 8.50% p.a. RM1,000 - 3 months 03 October 2024
-
31 March
2025
Requires Alliance Privilege customers to invest in selected products
Alliance Bank

(Alliance Privilege Welcome Promo)
3.80% p.a. RM10,000 RM300,000 6 months 01 October 2024
-
31 March
2025
For New Alliance Privilege customers only
Alliance Bank

(Alliance Personal Welcome Promo)
3.80% p.a. RM10,000 RM300,000 6 months 01 October 2024
-
31 March
2025
For New Alliance Personal customers only
Bank Islam
 
Up to 
4.0% p.a.
RM10,000 - Up to 12 months 25 June 
2024
-
31 December
2024
-
Bank Islam

(MaxCash Campaign)
Up to 5.68% p.a. RM10,000 - Up to 12 months 25 June 
2024
-
31 December
2024
Requires Bank Islam customers to invest in Al-Awfar
Bank Simpanan Nasional

(BSN Term Deposit-i Senior Citizen Bundle with BSN SSP Platinum Bundle)
6.25% p.a. RM10,000 - 12 months 17 July 
2024
-
31 December
2024
-
CIMB Bank

(TIA-i Bundle with CASA/-i Campaign)
Up to 5.08% p.a. RM25,000 - 6 months  09 September
2024

31 December
2024
-

CIMB Bank

(eFD-i October Campaign)

Up to
3.60% p.a.
RM1,000 Subject to FPX transaction limit Up to
6 months
01 October
2024
-
31 October
2024    
Only via CIMB Clicks web or CIMB OCTO App
CIMB Bank

(TIA-i October Campaign)
Up to 
3.70% p.a.
RM1,000 Subject to FPX transaction limit Up to 
12 months
01 October
2024
-
31 October
2024    
-
Hong Leong Bank

(eFD/eFD-i Promo)
Up to
3.70% p.a.
RM1,000 RM200,000 Up to 12 months 01 October
2024
-
31 October
2024    
-
Maybank

(e-Islamic Fixed Deposit-i Promo)
3.70% p.a. RM1,000 Subject to FPX transaction limit
 
6 months 28 August
2024
-
31 October
2024 
-
MBSB

(Term Deposit-i Campaign)
Up to 
4.00% p.a.
RM10,000 - Up to 12 months  02 September
2024

31 December
2024
-
MBSB

(TIA-i Campaign)
Up to 
4.10% p.a.
RM1,000 - Up to 12 months 12 August
2024
-
31 December
2024 
-
MBSB

(Prime Deposit Account SME Campaign)
Up to 
4.00% p.a.
RM10,000 - Up to 12 months 26 August
2024
-
26 August
2025
-
OCBC

(Fixed Deposit-i Campaign)
Up to
3.65% p.a.
RM1,000 - 6 months 18 September
2024
-
31 October
2024
-
Public Bank Islamic

(TD-i/eTD-i Campaign)
Up to
3.80% p.a.
RM5,000 - Up to 24 months 01 October
2024
-
31 December
2024
For Fresh Funds only
Public Bank

(PB eFD via FPX Campaign)
Up to
3.25% p.a.
RM5,000 - Up to 18 months 01 October
2024
-
31 December
2024
-
RHB Bank

(FD/CMD-i & Bancassurance or Bancatakaful Campaign)
 Up to
10.88% p.a
Ratio depends on customer’s top-up choices - Up to 6 months 01 October
2024
-
31 December
2024
 Requires customers to purchase insurance or takaful products
Standard Chartered

(Fixed Deposit/Term Deposit-i Campaign)
 Up to
4.00% p.a.
RM30,000 RM1,000,000 6 months 01 October
2024
-
31 December
2024
For Fresh Funds only

 

What do have to do if you are interested?

 

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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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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