Highest FD Rates in Malaysia: Bank Rakyat

Updated: May 11, 2020 / Home » Financial Plan » Banking

My colleague told me that she had put her money in Bank Rakyat Fixed Deposit. After she done some research, she found that the bank’s Fixed Deposit pay the highest rate.

I feel pity because I just place my money to CIMB e Fixed Deposit online few days ago, and the rate is low if compared to this Fixed Deposit rate. But, what can I do now?

Bank Rakyat Fixed Deposit also known as Qiradh Investment Account-i or Akaun Pelaburan Am-i Qiradh.

Here I prepared a table to share the highest FD rate by Bank Rakyat.

[table id=180 /]

Qiradh

Although the rates are very interest, but I heard that Qiradh Investment Account-i is not explicit guarantee from PIDM. I can’t found any related information from their website. I wonder that it’s safe if we place our money in this type of Investment Account?

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What do you think?

Update: July 2015

Bank Rakyat is temporary stop the Qiradh General Investment Account and was replace by the Term Deposit Account-i.

Bank Rakyat FD

LiangLiang writes about Saving, Blogging, and Investment, enjoys cooking and discovering everything new. Oh yes, she is a pretty and smart girl too.


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25 comments on “Highest FD Rates in Malaysia: Bank Rakyat

  1. liyana 23-05-2020 [ Reply ]

    interested to know the latest (best ) fd rates for short term….ranging from 3 to 6 mths? can anyone help ?
    thx .

  2. Englishmen 28-03-2015 [ Reply ]

    Your English is so Chinese…..eeeehhh…

  3. yong 12-11-2014 [ Reply ]

    hi i would like to place FD, can anyone recommend me,, tqvm

  4. Daniel 03-06-2014 [ Reply ]

    Somebody tell me to put my money to bank rakyat on fd to get high interest rate.i know bank rakyat do nit have pidm so how my money can protect if anyrhing happen

  5. judy 12-05-2014 [ Reply ]

    Bank rakyat是国家银行担保吗?大多数银行都有 PIDM为什么只有它没有呢?

  6. laikun 29-01-2014 [ Reply ]

    如果放一千 利息那么算?

    • MisterLeaf 30-01-2014 [ Reply ]

      如果放一千,放一年,3% 利息。那么会有一千零三十。

  7. Rusydan 21-10-2013 [ Reply ]

    Hye Mister Leaf,

    If you are interested for FD either individual or company, i can offer you good rate. Currently im working with Malaysia Building Society Berhad and 70% of it shares owned by EPF.

    • MisterLeaf 21-10-2013 [ Reply ]

      Rusydan, I am sure interested in good rate FD. Please let me know more about your product. Send me detail to [email protected].

    • Ng 14-11-2013 [ Reply ]

      how the FD interest rate for MBSB? where i can put the deposit?

    • Wong 28-07-2019 [ Reply ]

      I m also imterested. E mail. [email protected]

    • Sum Yong Tatt 05-08-2019 [ Reply ]

      Anyone have good interest rate FD ?

      • James 25-04-2020 [ Reply ]

        I think also to put my money to Bank Rakyat for fix deposit, but how?

    • Rachel 26-09-2019 [ Reply ]

      Hi, mind to share with me as well? Thanks!

    • Jarod Sim 20-12-2019 [ Reply ]

      Pls share with me as I’m interested

    • Gogul 06-08-2020 [ Reply ]

      I am interested in FD rates. Pls email me details. My email:[email protected].

  8. monsterseng 19-06-2013 [ Reply ]

    请问这个bank rakyat有PIDM的吗??

    • Mister Leaf 28-06-2013 [ Reply ]

      根据网站资料,Bank Rakyat 应该是没有 PIDM 保障的。

  9. Bee 25-01-2013 [ Reply ]

    Is Saham Bank Rakyat. It is only open for bumiputra. 15% revenue p.a. But now they only allow each person to buy 500 shares. 1 Share = RM1.

    • Bee 25-01-2013 [ Reply ]

      Maybe you can read this article on this website. News of 2011 regarding their saham.
      http://beritasemasa.com/dividen-bank-rakyat-saham

      Too bad, it is only for bumiputra and now they only allow RM500 per person.

      • Mister Leaf 25-01-2013 [ Reply ]

        I really want to know why other bank can give such high interest to their customer, but Public Bank or Hong Leong Bank cannot?

        Same like Amanah Saham, why Public Mutual cannot give high interest to the investor? Does the Public Mutual Manager worst than Amanah Saham Manager?

  10. Bee 12-12-2012 [ Reply ]

    If not mistaken, is the saham for the bank itself. Not sure is it still open for public. My col is lucky, he hit 50k in. Monthly get RM600+

    • Mister Leaf 12-12-2012 [ Reply ]

      If can, please ask him the name of the fund. Thanks a lot.

  11. Bee 12-12-2012 [ Reply ]

    Maybe you can deposit your FD with 3 months tenure if you want to reduce the risk. But i know, Bank Rakyat quite stable as my col had bought their fund quite sometimes ago and the revenue is 16% per year. The only down side is, if not mistaken, the fund is only open for bumi. Correct me if i am wrong.

    • Mister Leaf 12-12-2012 [ Reply ]

      16% of return, omg. Very high return. What’s the name of the fund?

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