Subscribe to Our Newsletter

We know you love savings. Sign up for more!

Best Fixed Deposit Promos Malaysia 2024

BY Team Loanstreet

Updated 16 Jul 2024




Follow Loanstreet on Facebook & Instagram for the latest updates. 

[Last update: 16 July 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
Affin Bank

Bancassurance Single Premium Plan
Up to 12.88% p.a. RM50,000 - Up to
6 months
01 February 2024
-
31 July 
2024
-
Affin Bank

Bancassurance/Bancatakaful
Up to 28.88% p.a. RM10,000 - Up to
6 months
01 February 2024
-
31 July
2024
-
Alliance Bank

Fixed Deposit Bundle
Up to
8.50% p.a.
RM 1,000 - 3 months 01 April 
2024
-
30 September
2024
-
Alliance Bank
 
Up to 
9.5% p.a.
RM 1,000 - 6 months 01 April 
2024
-
30 September
2024
-
Alliance Bank

Fixed Deposit Alliance Priviledge
3.80% p.a. - RM 300,000 6 months 01 April 
2024
-
30 September
2024
-
Alliance Bank

Fixed Deposit Alliance Priviledge
3.80% p.a. - RM 100,000 6 months 01 April 
2024
-
30 September
2024
-

CIMB Bank

eFD-i via FPX

Up to
3.70% p.a.
RM1,000 - Up to
7 months
17 May
2024
-
31 July
2024    

-

Hong Leong

HLB Connect
Up to 
3.65% p.a
RM 1,000 RM 200,000 Up to 
12 months
08 July
2024
-
31 July
2024
-
MBSB

Terpaling Raya Term Deposit-i (TD-i) Campaign
 
Up to
4% p.a
RM 10,000 - Up to 12 months 08 April
2024
-
31 July
2024
-
OCBC

Fixed Deposit-i
3.90% p.a RM 10,000 RM 5
million
4 months 03 June
2024
-
31 August
2024
-
Public Bank

Public Bank PB RCB Special FD/TD-i campaign 
Up to 
3.60% p.a
RM 10,000 RM 10,000,000 Up to 12 months 01 July
2024
-
30 September
2024
-
Public Bank

PowerInvest Fixed Deposit campaign 
Up to 
12.95% p.a
RM 10,000 - Up to 8 months 01 July
2024
-
30 September
2024
-
Public Bank

PB Premier High Yield Fixed Deposit campaign 
Up to 
16.95% p.a
RM 10,000 - Up to 8 months 01 July
2024
-
30 September
2024
-
RHB Bank

UT & ASNB Murabahah Deposit-i
Up to
15.20% p.a.
RM 10,000 - Sehingga
3 bulan
01 July
2024
-
30 September
2024
-
RHB Bank

DB & SI CMD-i Murabahah Deposit-i
Up to
15.20% p.a.
RM 16,666 - Sehingga
3 bulan
01 July
2024
-
30 September
2024
-
RHB Bank

FD / CMD-i Placement at 1:1 ratio
Up to
10.88% p.a.
RM 10,000 - Sehingga
6 bulan
01 July
2024
-
30 September
2024
-


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.
 

Continue reading...

About the Author

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!

SEE ALL ARTICLES

Suggested Articles

When Ringgit Opens Higher, Are You Gonna Be a Winner or a Loser?

When Ringgit Opens Higher, Are You Gonna Be a Winner or a Loser?

Budi Madani: Get a Subsidy of RM 200/Month for Diesel

Budi Madani: Get a Subsidy of RM 200/Month for Diesel

 EPF Akaun Fleksibel (Account 3): How to Transfer and Withdraw

EPF Akaun Fleksibel (Account 3): How to Transfer and Withdraw