Subscribe to Our Newsletter

We know you love savings. Sign up for more!

Best Fixed Deposit Promos Malaysia 2022 [Updated Weekly]

Updated 26 Sep 2022 – By Team Loanstreet

Team Loanstreet



Follow Loanstreet on Facebook & Instagram for the latest updates. 

[Last update: 26 September 2022]
 

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.
 
Bank & Promotion Interest Rate Minimum Maximum Tenure Promotion Period Remarks

Hong Leong Bank

eFixed Deposit/-i promotion
 
Up to 3.30% p.a. RM10,000 RM200,000 Up to 24 months 1 Sept – 31 Oct 2022 -
Hong Leong Bank

FD/CASA bundle campaign
3.50% p.a. RM100,000 RM10 million 12 months 1 July – 30 Sept 2022 Requires customers to make placements in current or savings account as well

Hong Leong Bank

eFixed Deposit/-i promo
 
2.95% p.a. RM1,000 RM200,000 6 months 1 Sept – 31 Oct 2022  Only for new customers.

Hong Leong Bank

HLB eFD / FD Promotion
 

Up to 3.50% p.a.
RM10,000 RM200,000 Up to 24 months 21 Sept – 31 Oct 2022  Valid for New Funds only.
             

Public Bank

PB RCB Special FD/TD-i campaign
 
Up to 2.85% p.a. RM10,000 RM10 million Up to 12 months 1 Sept – 31 Dec 2022 For Red Carpet Banking customers only.

Public Bank

PB eFD via FPX campaign
 
Up to 2.80% p.a. RM5,000 RM2 million Up to 12 months 1 Sept – 31 Dec 2022 -
Bank of China

e-Fixed Deposit Promotion
Up to 3.00% p.a. RM10,000 - 11 months 1 Sept – 31 Oct 2022 BOCM individual customers and Wealth Management banking customers aged 18 years and above (including Malaysian and non-Malaysian); and BOCM Internet Banking and Mobile Banking application users.

Bank Simpanan Nasional

BSN Term Deposit-i Senior Citizen campaign
 
Up to 2.88% p.a. RM5,000 Up to RM5 million 6 months 24 Aug – 31 Oct 2022 -

CIMB Islamic Bank

CIMB FRIA-i Bundle with CASA-i campaign
 
3.83% p.a. From RM3,333 Up to RM1 million 6 months 25 July – 30 Sept 2022 Requires customers to make placements in current or savings account as well.

AmBank

FD/CASA bundle promo
 
Up to 4.10% p.a. RM10,000 Up to RM1 million 6 months 18 July – 30 Sept 2022 Requires customers to deposit in their current/savings account-i as well.

Alliance Bank

Cooler Cashback e-FD
 
3.05% p.a. RM1,000 RM10,000 12 months 14 July – 30 Sept 2022 Requires customers to set up mobile banking.
Affin Bank

(Affin Banca Deposit campaign)
Up to 5.88% p.a. Up to RM50,000 - Up to 3 months 1 May – 31 Dec 2022
Fresh funds only.

BOCM individual customers and Wealth Management banking customers. \

Available at Mobile Banking/Internet Banking.

Requires customers to purchase bancasurrance products

 

Bank Muamalat

FTA-i BIG DEALSCAMPAIGN
 
Up to 3.00% p.a. RM5,000 RM500 mil Up to 18 months 15 Apr - 15 Oct 2022 -

Alliance Bank

Bancassurance and Fixed Deposit
 
Up to 7.50% p.a. RM1,000 - 6 months 1 Apr - 30 Sept 2022 -

Alliance Bank

Kempen Fixed Deposit Bundle
 
Up to 6.28% p.a. RM1,000 - 3 months 1 Apr - 30 Sept 2022 -

Alliance Bank

New Investor Campaign
 
8.28% p.a. RM1,000 - 3 months 1 Apr - 30 Sept 2022 -

Bank Rakyat

Term Deposit-i Account
 
3.30% p.a. RM10,000 - 12 months 8 Aug - 30 Sept 2022 For existing customers only

Maybank 

Islamic Fixed Deposit-i & e-Islamic Fixed Deposit-i
 
Up to 3.10% p.a. RM10,000 RM15 million Up to 12 months 25 Jul - 30 Sept 2022 Open to all customers. Make a placement in Islamic Fixed Deposit-i online via Maybank2u, MAE app or at your nearest branch.


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

5 Reasons To Use Instarem to Send Money Abroad

5 Reasons To Use Instarem to Send Money Abroad

OPR 0.25%: 3 Significant Impacts on the Everyday Malaysians

Bank Negara Raises OPR by 25bps: 4 Impacts on Malaysians

Should I Invest Now or Wait For a Better Time?

Should I Invest Now or Wait For a Better Time?