Bank Fixed Deposit Promotions In Malaysia (May 2021)

Here are the Best Fixed Deposit Promos in Malaysia 2021

UPDATED 11 MAY 2021 – BY TEAM LOANSTREET

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. 

To those who are not sure about Fixed Deposit, it's a type of investments account that allows you to invest a lump of money for a fixed time period and at a fixed rate of interest. This type of investment is quite popular because it's known to be risk-free and has higher interest rates when compared to the 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. 

Now, let’s take a look at the list (in no particular order).
 

1. Bank Of China

Promo: Safe & Save Deposit Promotion – FD Special Rate for New Wealth Management (WM) customer
Interest Rate:  Up to 2.30% p.a.
Minimum: RM50,000
Maximum: N/A
Tenure: 12 months
Offer Period: 16 March 2021 to 30 June 2021
 

2. Bank Of China

Promo: Safe & Save Deposit Promotion – FD Special Rate
Interest Rate:  Up to 2.25% p.a.
Minimum: RM20,000
Maximum: N/A
Tenure: 12 months
Offer Period: 16 March 2021 to 30 June 2021

 

3. Bank Of China

Promo: Safe & Save Deposit Promotion – FD & CASA Combo
Interest Rate:  Up to 2.55% p.a.
Minimum: RM10,000
Maximum: N/A
Tenure: 3/6 months
Offer Period: 16 March 2021 to 30 June 2021
 

TENURE	INTEREST RATE(% P.A.)
3 Month	2.40
6 Month	2.55

 

 

4. Public Bank

Promo: PB Journey Golden Savers Campaign
Interest Rate:  Up to 2.30% p.a.
Minimum: RM5,000
Maximum: RM5,000,000
Tenure: 3/6/9 months
Offer Period: 1 February to 30 June 2021

*Only for 50 PLUS Savings Account (50SA) and PB Golden 50 PLUS Fixed Deposit Account (50FD) (fresh fund)

5. Public Bank

Promotion: PB eFD via FPX Campaign
Interest Rate:  Up to 2.20% p.a.
Minimum: RM5,000
Maximum: RM2,000,000
Tenure: 1/2/3 month
Offer Period: 1 January 2021 to 30 Jun 2021
 

TENURE	INTEREST RATE (% P.A.)
1 Month	2.00
2 Month	2.10
3 Month	2.20

   

6. AmBank

Promo: eFixed Deposit/eTerm Deposit-i
Interest Rate:  Up to 2.70% p.a.
Minimum: RM10,000
Maximum: -
Tenure: 9/18 months
Offer Period: 1 April to 31 May 2021
 

TENURE	INTEREST RATE (% P.A.)
9 Month	2.50
18 Month	2.70

 

7. Bank Mualamat

Promo: Fixed Term Account-i Campaign
Interest Rate:  Up to 3.18% p.a.
Minimum: RM1,000
Maximum: -
Tenure: 12/15/18 months
Offer Period: 22 February to 31 July 2021
 

TENURE	INTEREST RATE (% P.A.)
12 Month	3.03
15 Month	3.08
18 Month	3.18

 

8. Hong Leong Bank

Promo: Hong Leong Bank April 2021 Online FD Promo
Interest Rate:  Up to 2.40% p.a.
Minimum: RM10,000
Maximum: RM2,000,000
Tenure: 3/6/12/18/24 months
Offer Period: 23 March to 30 June 2021
 

TENURE	INTEREST RATE (% P.A.)
3 Month	2.30
6 Month	2.35
12 Month	2.35
18 Month	2.40
24 Month	2.40

 

9. Kuwait Finance House

Promo: Term Deposit-i Campaign 2021 - HARI RAYA
Interest Rate:  Up to 2.30% p.a.
Minimum: RM5,000
Maximum: N/A
Tenure: 12 months
Offer Period: 15 April 2021 to 15 July 2021
 

TENURE	INTEREST RATE(% P.A.)
12 Month	2.30

 

10. Hong Leong Bank

Promotion:  Principal Credit Cards Generic Acquisition Campaign (For New Credit Card Application)
Interest Rate:  Up to 3.60% p.a.
Minimum: RM2,000
Maximum: RM50,000
Tenure: 6 month
Offer Period: 2 April 2021 to 30 June 2021
 

11. United Overseas Bank

Promo: Bandar Bukit Tinggi Branch Promotion (Bandar Bukit Tinggi Branch ONLY)
Interest Rate:  Up to 2.40% p.a.
Minimum: RM10,000
Maximum: N/A
Tenure: 12 months
Offer Period: Until 31 July 2021
 

TENURE	INTEREST RATE(% P.A.)
7 Month	2.30
9 Month	2.40

 

If you are 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) that 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.