December Best Fixed Deposits promotions in Malaysia

Updated: May 1, 2020 / Home

Banks in Malaysia continue to launch fixed deposit promotions and campaign in December 2019. You can choose a suitable fixed deposit depending on the situation.

HSBC Time Deposit Promotion
Promotion Period: From now till December 31,2019
Minimum deposit: RM10,000
Tenure: 6 months
Effective rate: 4.00% pa
Conditions: Fresh Funds only and must deposit over the bank counter
Link: HSBC Time Deposit Promotion

Hong Leong eFD Online Time Deposit Promotion
Promotion Period: September 1, 2019 – December 31,2019
Minimum deposit: RM10,000
Tenure: 6 months
Effective rate: 3.90% pa
Conditions: Only for Fresh Fund and via FPX transactions on the Internet
Link: eFixed Deposit / eFixed Deposit-i Promotion

The following picture shows the deposit method for Hong Leong Bank:

HLB eFD Promotion

RHB Bank Fixed Deposit Promotion
Promotion Period: From now till December 31, 2019
Minimum deposit: RM10,000
Tenure: 9 months / 12 months
Effective rate: 3.90% pa
Conditions: Fresh Funds only and must deposit over the bank counter
Link: RHB Commodity Murabahah Deposit-i

Public Bank Fixed Deposit / Term Deposit-i
Promotion Period: From now till December 31, 2019
Minimum deposit: RM10,000
Tenure: 3 months / 6 months
Effective rate:
3 months: 3.50% pa
6 months: 3.70% pa
Conditions: Limited to Fresh Funds at the bank counter
Link: PB Fixed Deposit/ Term Deposit-i Campaign

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CIMB CASA Bundle Campaign
Promotion Period: From now till December 31, 2019
Minimum deposit : RM40,000
Tenure: 3 months
Rate: 4.70% pa
Conditions: Ratio is FD 75%, CASA 25%.
Link: CIMB Bundle with CASA

CIMB CASA Ratio

Standard Chartered CASA Bundle Campaign
Promotion Period: From now till December 31, 2019
Minimum deposit: RM100,000
Tenure: 6 months
Rate: 4.70%
Conditions: Ratio is FD 70%, CASA 30%.
Link: Standard Chartered Bundle with CASA

The above fixed deposits rates are for special offers. When we want to deposit, we need to confirm the participation in the relevant promotion. The average interest rate of the CASA Bundle fixed deposit promotion is relatively high, but it is necessary to deposit part of the money into the ordinary savings account or the current account, so the effective interest rate is not as high as expected.

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