For the month of July, 7 major banks in Malaysia are offering fixed deposit discounts up to 3.18% p.a! For those who didn‘t know, a fixed deposit is one of the most popular investment options worldwide for its convenience. Interested? Scroll further for more info on these offers.
1. Public Bank
• Fixed Deposit offer: Public Bank eFixed Deposit
• Promotion period: from now until September 30, 2021
• Deposit periodic interest and period:
• Minimum deposit amount: RM 5,000
• Maximum deposit amount: RM 2,000,000
• Storage conditions: Deposit via FPX transactions via Public Bank online transfer.
Click here for more details.
2. Hong Leong Bank
Fixed deposit (July 7th offer): Hong Leong Bank e-Fixed Deposit/ e-Fixed Deposit-i
• Promotion date: only on July 7th, 2021
• Deposit Periodic Interest And Period, Minimum and Maximum Placement Amount:
• Storage conditions: Deposit via Hong Leong online transfer method FPX transactions.
Click here for more details.
Fixed deposit (July 7th offer): Hong Leong Bank e-Fixed Deposit/ e-Fixed Deposit-i
Promotion period: from now until July 31, 2021
Deposit periodic interest and period, Minimum and Maximum Deposit Amount:
Storage conditions: Deposit via Hong Leong online transfer method FPX transactions.
Click here for more details.
Fixed Deposit Offer: Hong Leong Bank Fixed Deposit/Fixed Deposit-i
Promotion period: from now until July 31, 2021
Deposit periodic interest and period, Minimum And Maximum Deposit Amount:
Storage conditions: This offer is limited to New Funds.
Click here for details.
3. CIMB Bank
• Time deposit offer: CIMB Bank eFixed Return Income Account-i (eFRIA-i)
• Promotion period: from now until September 9, 2021
• Deposit periodic interest and period:
• Minimum deposit amount: RM 5,000
• Storage conditions: You must open a CIMB eFixed Return Income Account-i (eFRIA-i) in CIMB Clicks to enjoy it.
Click here for details.
4. Ambank
• Time deposit offer: AmBank Term Deposit-i
• Promotion period: from now until July 31, 2021
• Deposit periodic interest and period: 2.75%pa (12 months)
• Minimum deposit amount: RM 10,000
• Maximum deposit amount: RM 5,000,000
• Storage conditions:
- This is a fixed-term and savings offer and must be deposited at a ratio of 90%: 10%. For example, you deposit RM9,000 into a fixed deposit and a minimum of RM1000 into your savings account, and so on.
- Only deposit at the counter of AmBank Islamic or AmBank branch.
- CASA-i (savings account) must be stored for 12 months.
• Guidelines:
Click here for details.
5. RHB Bank
• Time deposit offer: RHB Bank Term Deposit / RHB e-Term Deposit
• Promotion period: from now until August 31, 2021
• Deposit periodic interest and period:
- 2.50%pa (12 months)
- 2.55%pa (15 months)
• Minimum deposit amount: RM 10,000
• Storage conditions: Term Deposit can only be stored at the counter of RHB bank, and e-Term Deposit can be stored through FPX.
Click here for more details.
6. Bank Muamalat
• Fixed Deposit Offer: Bank Muamalat Fixed Deposit
• Promotion period: from now until July 31, 2021
• Deposit periodic interest and period:
- 3.03%pa (12 months)
- 3.08%pa (15 months)
- 3.18%pa (18 months)
• Minimum deposit amount: RM 5,000
• Deposit conditions: This is a fixed-term and savings discount, which must be deposited at a ratio of 80%:20%. For example, you deposit RM4,000 into a fixed deposit and a minimum of RM1000 into your savings account, and so on.
Click here for details.
7. Bank Rakyat
• Time Deposit Offer: Bank Rakyat Term Deposit-i Account
• Promotion period: from now until August 31, 2021
• Deposit periodic interest and period:
• Minimum deposit amount: RM 10,000
• Deposit conditions: Only available to customers with Term Deposit-i Account deposits of Bank Rakyat.
Click here for details.
If you are still unsure about any of these information, you can always visit the nearest banks mentioned in this article for further guidance and assistance. Good luck with your journey to fruitful investment!
