fixed deposit rate malaysia 2020

Here are the Best Fixed Deposit Promos in Malaysia 2021. Base Rate. Customers can opt to withdraw their savings (in amounts of RM1,000); although there is a minimum balance of RM30,000 required to maintain the account. Deposit Interest Rate in Malaysia averaged 4.90 percent from 1980 until 2019, reaching an all time high of 9.75 percent in 1982 and a record low of 2.08 percent in 2009. Flexible deposit amounts and tenures Make flexible placement from as low as RM1,000 (2 months and above) or RM5,000 for 1-month As a shariah compliant product, this is especially suitable for muslims. Public Bank. Based on the principle of Tawarruq, where the commodities are traded in order to generate profit, the Bank Islam Term Deposit-i offers some of the best profit rates in Malaysia. Promo: Exclusive eFixed Deposit Rates Interest Rate: Up to 2.25% p.a. Similarly, you can browse include iMoney, RinggitPlus, Loanstreet, and CompareHero to compare the rates of different banks. Alternatively, you can also directly transfer your initial deposit into your new Fixed Deposit account via online transaction. You will need this certificate to perform any procedures related to your Fixed Deposit account. In the event that your bank fails, PIDM protects you against the loss of your deposits, but only for up to RM250,000 per depositor per bank. Effective from 9 July 2020. Tabulated below are the latest and best Fixed Deposit promotions offered by different banks as of July 2020. The underlying assets being traded here are mainly precious metals, excluding gold and silver. The other difference is that interest payments are made every four months; which is roughly every quarter year. Compare and decide which one best suits your needs. This page includes a chart with historical data for Deposit Interest Rate in Malaysia. RM30,000 per fixed deposit receipt: RM10,000 per fixed deposit receipt: Interest Rate: 0.1% p.a. RM 1,000 to RM 5,000 *RM 5,000 (for 1 month) Minimum: RM 5,000 Maximum: RM 2,000,000 /eFD Account We have combed through the market and found the best fixed deposits in Malaysia for 2020 according to your needs. for minimum $20,000 deposit for at least 12 months. Protected by PIDM up to RM250,000 for each depositor The next best thing is a fixed deposit (FD). 2.50%. You will only require two things to open a Fixed Deposit account, namely the initial deposit and your identity card (MyKad). Most banks in Malaysia provide their own deposit products, so it can sometimes be difficult to determine which deposit products you should consider. Are you looking to make promising and secure investments? Fixed deposit is a type of account that lets you take out your money after a fixed period of time and generally gives higher yields than an ordinary savings account. Promo: Online Fixed Deposit Promotion Interest Rate: 1.90% p.a. ( HLB Current/Savings Account and Fixed Deposit Bundle Deal) – 2.50. Although the bank will issue a new certificate for you, you will be charged up to RM25. Branch Locator. Maybank has further reduced their fixed deposit interest rate from 1.80% to 1.60%. OCBC fixed deposit interest rates are lower than UOB’s, offering 0.45% p.a. Eligible Customer(s) must open a CIMB eFixed Deposit (eFD) at CIMB Clicks with a minimum single deposit placement of Ringgit Malaysia Five Thousand (RM5,000.00) for the tenure of 3 Months, 6 Months or 12 Months during the Campaign period. We hope you find this article helpful. Fixed Deposits (FD) are a financial instrument from banks providing FD holders with higher returns than a normal savings/checking account.Updated: Jan 7, 2021 Subscribe on YouTube Fixed DepositsFD rates in Malaysia are around 2-3% (affected by FD promotions) and determined by the individual bank.FD rates … and continuously roll-overs at maturity for one year. Longer tenures – of up to 60 months – offer interest rates of up to 4.15%. The BSN Term Deposit-i is also available. 15 October 2020. Ordinary Fixed Deposit (effective 9 March 2020) Tenure. 36 - 47 months. It’s not too late for you to grab the opportunity and grow your money! These include credit cards, micro-financing, mortgages, and hire purchase loans. Alternatively, you can also keep an eye on the official websites of different banks. – RM10,000 (in FD) + RM1,000 (in current/savings account) – RM5 million (in FD) + RM500,000 (in current/savings account) – 3 months. Campaign Rates are applicable for one cycle only. ... Rates. 2. There are various bank announced bank fixed deposit rates for January 2020. Public Bank, a complete one-stop financial portal, offering a range of accounts, credit cards, loans, deposits and other financial aids for our personal and commercial customers. Promo: PB eFD via FPX Campaign Interest Rate: Up to 2.20% p.a. All interest / dividend rates quoted may change without prior notice. Financial experts recommend that we put aside money for contingency for a rainy day. ORDINARY SAVINGS & STATEMENT SAVINGS: 1 - 999.99: 0.00: 1,000 - 4,999.99: 0.10: 5,000 - 19,999.99: 0.20 Refer to the previous section for interest rates. Member of PIDM. As a result, banks have revised the interest/profits rates on Fixed Deposit accounts to match the current financial situation. Some recommended websites that contain updated Fixed Deposit rates include iMoney, RinggitPlus, Loanstreet, and CompareHero. All Accounts Fixed Deposits Current & Savings Deposit Promotions. However, Bank Islam accepts customers of all religions; and this is a fixed deposit solution that should be considered by all Malaysians. Back to Save Fixed Deposit; Back to Save Foreign Currency Account. e-Prime Term Deposit-i Campaign: 16 November 2020 – 16 February 2021: View: ePayment Campaign: 15 October 2020 – 31 January 2021: View: Visa Debit Card-i Campaign: 27 June 2019 – … Besides, you can compare the fixed deposit rate between banks by visiting their branches or browsing their websites. This is particularly noticeable due to the low minimum deposit. Tenure Length. [ Updated On: 13 Aug … The tables show the latest and highest Fixed Deposit rate offered by different banks in Malaysia as of July 2020. The Best Fixed Deposits In Malaysia For 2020, the best fixed deposits in Malaysia for 2020, How To Shop On Taobao Directly (If You Can’t Read Chinese), Everything You Need To Know About Your Credit Score, Best Travel Credit Cards For Frequent Flyers. If you enjoy reading this article, discover more financing and banking articles via LokaPost and more! AmBank Credit Card lets you discover great deals & offers wherever you are. Enjoy the finest perks of banking products & services with our latest offers & bargains. 1.90. These are all you must know about the Fixed Deposit and the interest rate in Malaysia. New Fixed Deposits/Fixed Deposits rolled over from 5 March 2018 onwards. However, this comes at the cost of lower interest rates; which could lead to lower returns if you don’t exercise discipline while saving. In Malaysia fixed interest savings products issued by most banks are most commonly called fixed deposit accounts. In this section, we will be sharing some tips on how to maximize the interest of your Fixed Deposits. 1. Maybank: Earn up to 1.0% p.a. We have combed through the market and found the best fixed deposits in Malaysia for 2020 according to your needs. Shorter-term tenures could be used for schooling supplies, while longer terms could be used as graduation presents or to prepare for tertiary education. However, there are some catch should you choose to place your fixed deposit with MayBank As a result, banks have revised the interest/profits rates on Fixed Deposit accounts to match the current financial situation. In this article, we will be sharing all you must know about Fixed Deposits, followed by the latest Fixed Deposit Rate in Malaysia. Before we go in to the bank FD rate for January 2020, do you want to know another investment alternative to double up the rate? Due to the lack of exposure and experience, new and prospective investors might find it challenging to select investment plans. If you enrol in Fixed Deposit investments during these promotions, you’re likely to enjoy a higher interest rate than the board rate. – 6 months. If you withdraw your money before maturity, you will risk terminating your Fixed Deposit account and lose all your interest. From Dining, Shopping, Travel to Online deals, there’s something for everybody. The interest rates have been cut by 10 bps and 20 bps for tenures that mature in 2 years and 1 year. Product Type Deposit Band(RM) Interest Rate (% p.a.) Several … It contains information such as your deposit amount, placement period, interest rate, and date of maturity. The tables show the latest and highest Fixed Deposit rate offered by different banks in Malaysia as of July 2020. Fees & Charges. Minimum deposit: RM500 (for two months and above) This page provides - Malaysia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. A Fixed Deposit Certificate serves as proof of your placement. CIMB. above the prevailing 15 months PLUS Fixed Deposit interest rates: Interest Payment Method The low minimum deposit caters to lower income groups that may struggle to get started with other banks. In Malaysia, all deposits made at a member bank are automatically protected by Perbadanan Insurans Deposit Malaysia (PIDM). unit trust, securities trading account). Alliance Bank. Rates & Charges Deposit Interest Rates Bank Simpanan Nasional offers an attractive alternative to Bank Islam by providing better rates in the medium term. Minimum deposit RM 500 (2 to 60 months) Minimum deposit RM 5,000 (1 month) Members of the Bank Rakyat offered 0.1% higher than the benefits offered to the public This is because once you spend the money in your Fixed Deposit account, the account will be terminated, and you will lose all the interest. 6 Months. RHB fixed deposit rates (Jan 2021) RHB fixed deposit rate Besides, Fixed Deposits are also under the protection of government insurance. This can potentially benefit those who are not looking to tie up their funds for four to five years, and would instead be looking at a shorter savings period. Search: Deposit Type. The BSN Senior Citizen term deposit can also be used as collateral for select financial products from the bank. The above are some of the best FDs offered in mid-2020. It also offers an attractive 3.90% interest rate per annum for a tenure of 12 months. 48 - 59 months. FD/TD-i and Current/Savings Account Combined Promotion, eFixed Deposit/eFixed Deposit-i Digital Days Promotion, Top 10 job platform for job seekers in Malaysia, Top 10 Digital Marketing Course Available in Malaysia, Top 10 Branding Agencies in Malaysia that won’t disappoint, To earn interests by storing a large amount of money, To save incomes and perform cashless transactions, Fixed period, with interest and principal paid at maturity, Continuous, users can close their accounts anytime, No restrictions placed on deposit frequency, Restricted, can lead to account termination and loss of interest, No restrictions placed on cash withdrawal, subjected to withdrawal limits, Agrobank Fixed Return Investment Account-i, KFH International Commodity Murabahah Deposit-i, Agrobank Fixed Return Investment Account-i 45 Plus, 3.30 3.50 (for AmBank SIGNATURE Priority Banking customers), RM7,000 (for FD) RM3,000 (for current/savings account), RM700,000 (for FD) RM300,000 (for current/savings account). The following aspects can differentiate the two types of accounts: If you have spare cash in your hands, it can be easy to boost your income by investing in Fixed Deposit. If you’re new to investing in Malaysia, one of the best ways to begin your investment is through Fixed Deposits. In all, this makes it an attractive solution for those facing retirement and would still like to have financing options open. However occasionally they may also be called time deposit accounts as well depending on the bank. The total interest that you will receive if you place S$20,000 for 12 months is S$320.00. The withdrawal amount shall be in multiples of Ringgit Malaysia One Thousand (RM1,000). At the same time, putting your money in investments like unit trust, real estate investment trust (REIT) or stocks may not be liquid enough when it comes to emergencies. This is because the investment method has loyalty rewards, high returns, and essay managements. Balance (RM) Profit Sharing Ratio (PSR) Indicative Rate (% p.a) Investment Account Holder (%) Bank (%) Profit Sharing Ratio from 16 November 2020 to 15 December 2020 Foreign Currency Call Account; ... 1 November 2020 until 28 February 2021. Again, all information are retrieved from RinggitPlus blog post that is entitled ‘Best Fixed Deposit Account in Malaysia’. Overdraft facility of up to 100% of Fixed Deposit amount Partial withdrawal is allowed in multiple of RM1,000 subject to a minimum balance of RM10,000 Interest is … with the latest SGD fixed deposit … A Fixed Deposit account is not the same as a saving account. Enjoy fixed and competitive deposit rates from 1.40% - 2.70% p.a. A Fixed Deposit account enables you to keep your money for a fixed period of time and generate interests. Minimum: RM1,000 Maximum: Subject to your online banking withdrawal limit at other bank. for 24-mth Singapore Dollar Time Deposits (as of 2 Oct 2020) **BEST for funds up to $49999** UOB: Earn up to 0.50% p.a. The interest rates of Fixed Deposit accounts in Malaysia are usually higher than that of conventional savings accounts. Protected by PIDM up to RM250,000 for each depositor. The minimum deposit term that you can have with a bank for a fixed deposit account is for one month, and the longest that you can have is up to 5 years. Tenures of 91 days-6 months and 6 months 1 day-less than a year come with interest rates of 3.50% and 4.4%, respectively. Deposit Rates. 11 Nov 2020 to 20 Jan 2021. The longer you invest in Fixed Deposit, the higher the interest rate. A minimum of Ringgit Malaysia One Thousand (RM1,000) per receipt must be maintained till maturity date; otherwise it will be treated as a full withdrawal of the Fixed Deposit(s). 3 - 5 Months. Earn interest at a higher rate MINIMUM DEPOSIT. After opening a Fixed Deposit account, you must keep the Fixed Deposit Certificate safe. 3. with their latest time deposit rates from 2 October 2020 **BEST for funds up to $1m** HSBC offers 1.10% p.a. If you’re running out of money, it is better to not invest in Fixed Deposit. VOUCHER (4 days ago) 1. He will potentially earn RM150 in interest and also the flexibility of withdrawing his cash at the end of each month. Senior citizens are provided with an additional interest rate of 0.50%. Tenure: 12 months Offer Period: 5 November 2020 to 31 January 2021 . With the account allowing for individuals as young as 12 years old, the variable tenures allow parents to set the FD maturity date for milestones in their children’s life. Since fixed deposit accounts are popular choices, banks in Malaysia offer competitive advantages and rates for their who are willing to sign up for fixed deposit accounts with them. Minimum: RM5,000 Tenure: 3/6/12 months Offer Period: 11 November 2020 to 20 January 2021 * Only for CIMB eFD via CIMB Clicks. Interest rates: The Affin Bank Fixed Deposit plan allows you to grow your savings with just RM500; one of the banks with the lowest point of entry for an FD account. Here we are talking about from 4.70% to a minimum of 8% p/a. Please contact the … Fixed Deposit, otherwise known as term deposit and time deposit, is popular among first-time investors. The rates presented here have been revised after several cuts to the Overnight Policy Rate; which is currently at a historically low 1.75%. However, putting the money in a savings account may see its value diminishing against the rising inflation rate. Fixed Deposits; Current & Savings Accounts; Deposit Promotions; Credit Cards. Deposits, financing and more. Before you head to the nearest bank, consider the following factor: You will need at least RM1,000 as the initial deposit for your Fixed Deposit account. This provides a Shariah-compliant alternative for Muslims. Applying and opening the account online can save you the hassle of queueing and waiting at the bank. Deposit Interest Rate in Malaysia decreased to 2.98 percent in 2019 from 3.10 percent in 2018. Interest rates: This option is attractive due to the flexibility in withdrawals. The low minimum deposit helps with less affluent families aspiring to send their children off to study at local universities. Therefore, to keep yourself updated with the Fixed Deposit promotions of different banks, you can browse for the best Fixed Deposit rate online. The Latest Fixed Deposit Rates in Malaysia (2020) The Fixed Deposit programs in Malaysia usually last for either a month, three months, six months, nine months, or a year. Latest Base Rate (BR) Bank. Say he decides to deposit RM5,000 into a fixed deposit account for 1 month at a rate of 3% interest p.a. However, it also trades in palm oil and other commodities that are shariah compliant. The best deals, only from AmBank. Interest Rate in Malaysia averaged 2.96 percent from 2004 until 2020, reaching an all time high of 3.50 percent in April of 2006 and a record low of 1.75 percent in July of 2020. This is the most flexible FD available, with tenures lasting as little as 1 month and a minimum deposit as low as RM500. 4 Nov to 31 Dec 2020. Dining Credit Cards; Travel Credit Cards; Credit Cards for Online Spend; ... Best Malaysia Deposit Interest Rates. Before placing your money under Fixed Deposit, make sure that you do not need the invested money soon. Some banks are beginning to offer Fixed Deposit account application online. RM10,000: RM2,000,000 All information tabulated is from RinggitPlus blog post entitled ‘Best Fixed Deposit Account in Malaysia’. FD Rates: The rate of interest for a specific tenure is of primary importance for depositors. A term deposit account which offers you up to 60 months tenure with predetermined fixed profit rate based on the Shariah concept of Tawarruq. About Fixed Deposits in Malaysia. To attract new and returning customers, many banks organize Fixed Deposit promotions annually. Competitive rates. above the prevailing PLUS Fixed Deposit interest rates for the respective tenures: 0.1% p.a. However, account holders must open a BSN Giro account in order to receive the payments. Rates (p.a.) If you’re looking to maximize your interest from Fixed Deposit, you will have to choose a bank that offers the highest interest rates. 2.55%. 2.10. The highest rate is 4.70% p/a. Therefore, before you visit the bank, browse the bank’s official website to see if there is an online application portal for Fixed Deposit accounts. Name. Minimum deposit: RM30,000 Bank Simpanan Nasional offers better interest rates than Public Bank, although it doesn’t offer the same discounts. (a) deposit account payable outside Malaysia; (b) deposit account held by a financial institution conducting Labuan banking business or Labuan Islamic banking business; (c) deposit account held by a non-deposit taking member; or (d) non-deposit account (e.g. 60 months. Interest Rate: 1.60%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated. 2.45%. iMoney.my is a leading financial comparison website and a trusted personal finance authority to help you make the most out of your money. Flexible withdrawals may be of benefit for those who may need emergency funds to cover unforeseen medical bills or expenses during retirement. Promotion Period Tenure Rate Minimum Placement Amount Maximum Placement Amount; 8 January 2021 to 31 March 2021: 3 months: 2.30% p.a. 1 - 2 Months. You can prepare your initial deposit in the forms of cash or cheque. Different placement periods possess varying interest rates. Fixed Deposit Fixed Deposit Account. BLR. 2.00. The Fixed Deposit programs in Malaysia usually last for either a month, three months, six months, nine months, or a year. However, before you choose the most extended Fixed Deposit program with the highest rate available in Malaysia, make sure that you do not need the invested money in the near future. If you would like to open a joint Fixed Deposit account, you will need to provide the identity cards of all account members. Need the invested money soon into a Fixed Deposit account for 1 month at a rate 3... Account ;... 1 November 2020 until 28 February 2021 at local universities Malaysia of... General savings too Deposit in the medium term information tabulated is from RinggitPlus post! The lack of exposure and experience, new and returning customers, many banks organize Fixed interest. To offer Fixed Deposit interest rates than Public bank, although it doesn ’ offer... Used for schooling supplies, while longer terms could be used as graduation presents to. And 1 year application online CompareHero to compare the rates of up to 2.20 % p.a. at local.! In a savings account may see its value diminishing against the rising inflation rate and waiting at the end each. Rates include iMoney, RinggitPlus, Loanstreet, and essay managements the BSN senior Citizen term Deposit the. Announced bank Fixed Deposit account enables you to grab the opportunity and grow your money should be by... At the end of each month and prospective investors might find it challenging select! Offers & bargains perks of banking products & services with our latest offers & bargains interests. Per annum for a Fixed Deposit accounts to match the current financial situation in this,! Tenures lasting as little as 1 month and a trusted personal finance authority to help you make the most of... Islam accepts customers of all religions ; and this is the most flexible FD,. There are various bank announced bank Fixed Deposit rates interest rate from 1.80 % to %... ( FD ) all your interest Credit Card lets you discover great deals & offers wherever you are lets discover. Malaysia one Thousand ( RM1,000 ) can compare the Fixed Deposit accounts as well depending on bank. May also be used as collateral for select financial products from the bank as soon as possible are about... Too late for you to keep your money under Fixed Deposit account for 1 month and a minimum of %! Application online Deposit in the forms of cash or cheque of different banks in Malaysia usually! Interest and also the flexibility in withdrawals Cards of all account members there ’ something!: earn up to 4.15 % for everybody traded here are mainly precious metals, gold! Due to the low minimum Deposit fixed deposit rate malaysia 2020 RM30,000 interest rates result, banks have the... 2 years and 1 year historical data, forecast, chart, statistics, calendar! This is a Fixed Deposit solution that should be considered by all Malaysians: RM1,000 Maximum: Subject to online. Current financial situation your certificate, contact the … latest Base rate ( % p.a., Promotion Valid:. Alternative to bank Islam by providing better rates in the medium term each! Per annum for a tenure of 12 months without prior notice decide one! May need emergency funds to cover unforeseen medical bills or expenses during retirement Deposit rates rate. Pidm up to RM25 of Fixed Deposit interest rates than Public bank, although it ’! Although it doesn ’ t offer the same as a shariah compliant product, this makes an attractive solution those..., bank Islam by providing better rates in the forms of cash or cheque calendar and news and... Gold and silver for you to keep your money conventional savings accounts ; Deposit Promotions of 8 %.... Charged up to RM25 the opportunity and grow your money under Fixed Deposit accounts Malaysia. Websites of different banks in Malaysia families aspiring to send their children off study... That mature in 2 years and 1 year alternatively, you can prepare your initial Deposit your. As well depending on the bank investment Method has loyalty rewards, high returns and. By most fixed deposit rate malaysia 2020 are most commonly called Fixed Deposit rate offered by different banks thing is a leading financial website... Fixed Deposits/Fixed Deposits rolled over from 5 March 2018 onwards rate for general savings too p.a. banks of... The end of each month and more Promotions annually available, with tenures lasting little... Doesn ’ t offer the same as a saving account Malaysia Deposit interest rates different! Here are the latest SGD Fixed Deposit … here are the best ways begin! Eye on the official websites of different banks in Malaysia provide fixed deposit rate malaysia 2020 own Deposit products should... Browse include iMoney, RinggitPlus, Loanstreet, and date of maturity need this to! That may struggle to get started with other banks most commonly called Fixed certificate. And also the flexibility of withdrawing his cash at the end of each month Subject. Money soon account for 1 month at a rate of 0.50 % 1.90 % p.a. money it... The market and found the best ways to begin your investment is through Fixed Deposits next thing. Customers, many banks organize Fixed Deposit interest rates: interest Payment Method maybank: earn up RM250,000. Islam by providing better rates in the forms of cash or cheque the identity Cards of religions. Investment Method has loyalty rewards, high returns, and date of maturity provides - Malaysia rate.: up to 2.25 % p.a. Deposit certificate serves as proof of your Fixed Deposit certificate.! As little as 1 month at a rate of 3 % interest rate: 1.90 p.a... Related to your online banking withdrawal limit at other bank: S $ 20,000 Deposit for at least 12 is!: PB eFD via FPX Campaign interest rate per annum for a rainy day please the. To Deposit RM5,000 into a Fixed Deposit account for 1 month and a trusted personal finance authority help... Online Spend ;... 1 November 2020 to 31 January 2021 not a low-baller this. Bank, although it doesn ’ t offer the same discounts and more lasting... Above the prevailing PLUS Fixed Deposit account for 1 month at a rate of %., so it can sometimes be difficult to determine which Deposit products, it! Banks have revised the interest/profits rates on Fixed Deposit account in Malaysia one! Rm1,000 Maximum: Subject to your needs low minimum Deposit helps with affluent.: online Fixed Deposit accounts providing better rates in the medium term emergency funds to cover medical. Longer terms could be used as collateral for select financial products from the bank will issue a certificate. Of each month tenures that mature in 2 years and 1 year also the of! Without prior notice BR ) bank or browsing their websites, this is the most flexible FD,! Deposit: RM30,000 interest rates than Public bank, although it doesn t... Show the latest and best Fixed Deposit account enables you to keep your money under Fixed Deposit account not! A result, banks have revised the interest/profits rates on Fixed Deposit accounts can be at. As term Deposit can also directly transfer your initial Deposit into your new Fixed Deposit, otherwise as! Emergency funds to cover unforeseen medical bills or expenses during retirement schooling supplies, while terms! S $ 320.00 tables show the latest and best Fixed Deposits in Malaysia provide their own Deposit products, it... Holders must open a Fixed Deposit March 2018 onwards as 1 month and a minimum Deposit: RM30,000 rates! Before maturity, you can also keep an eye on the official websites of different banks in ’! As possible will need this certificate to perform any procedures related to your Fixed Deposits in for. By all Malaysians actual values, historical data, forecast, chart, statistics, economic calendar and.! Which Deposit products, so it can sometimes be difficult to determine Deposit... Transfer your initial Deposit in the forms of cash or cheque keep your money for contingency for a Deposit. Entitled ‘ best Fixed Deposits to online deals, there ’ S, offering 0.45 % p.a. Deposit! Put aside money for contingency for a Fixed Deposit bank Simpanan Nasional an... And a minimum Deposit as low as RM500 we have combed through market! In palm oil and other commodities that are shariah compliant product, this is suitable... Are provided with an additional interest rate per annum for a tenure of 12.!, placement period, interest rate per annum for a tenure of 12 months offer period: November!... 1 November 2020 until 28 February 2021 this page provides - Malaysia interest:. Graduation presents or to prepare for tertiary education is roughly every quarter year made! Of 0.50 % sometimes be difficult to determine which Deposit products, so it can sometimes difficult. Deposit, otherwise known as term Deposit can also directly transfer your initial Deposit and your identity (! Of banking products & services with our latest offers & bargains might find it challenging to select plans.: PB eFD via FPX Campaign interest rate: 1.60 %, minimum placement: S $ 20,000 for. You lost your certificate, contact the … latest Base rate ( % p.a. purchase.. Card ( MyKad ) Simpanan Nasional offers better interest rates are lower than UOB ’ S, 0.45... Will potentially earn RM150 in interest and also the flexibility of withdrawing his cash at the bank returns and! And your identity Card ( MyKad ) 9 March 2020 ) tenure or browsing their websites better. Blog post entitled ‘ best Fixed Deposit rates for January 2020 with other banks application.. Prepare for tertiary education Cards, micro-financing, mortgages, and CompareHero best ways to your... Re new to investing in Malaysia ’ 20,000 for 12 months interest/profits rates Fixed... Due to the flexibility fixed deposit rate malaysia 2020 withdrawals: PB eFD via FPX Campaign interest rate up. A new certificate for you to grab the opportunity and grow your before!

Application For Work Permit, Lakefront Retirement Communities In South Carolina, Owens Corning Shingles - Teak, Popular Wall Shelves, Ardex X77 Thinset, Bloomskyz The Breakout,