Tag Archives: Fixed Deposit

Another Malaysian Website that Helps Consumer – iMoney

Recently I’ve been contacted by Zuza from iMoney in requesting me to review their new ebook “12 Ways to Save Money in Malaysia“. After I read thoroughly their ebook and browsed their official website, I decided not to share it here (but give a link directed to their ebook blog post, you can get the link to download a copy there), but to review their website.

iMoney

It seems to be interesting to me, as iMoney is another similar website like RMvalues, to share the information on how to save money to consumer. However, iMoney is only focus on financial products, like credit card, car loan, home loan, personal loan, fixed deposit, personal insurance, car insurance and so on. Difference between iMoney and RMvalues is – iMoney is┬ácommercialized and running by a team of professional while RMvalues is just part time hobby. ­čÖé Continue reading

Fixed Deposit Rates (above RM1 million) – Updated 18/05/2011

This is the comparison table for Fixed Deposit Rates (above RM1 million), if you are looking for Fixed Deposit Rates (below RM1 million), please check our yesterday blog post.

Banking Institution Min. Age Senior Citizen Account Min. Deposit
(RM million)
Min. Tenure
(Mths)
Rates % (p.a.)
Tenure (Mths)
Partial Withdrawal Frequency of Interest Payment
1 Mth >1 Mth 1 3 6 9 12
Affin Bank Berhad
Fixed Deposit No 5000 500 1 3.05 3.10 3.25 3.35 3.60 Yes Upon maturity
Alliance Bank Malaysia Berhad
Conventional FD 18 No 5000 500 1 2.75 2.75 2.90 3.00 3.10 No Upon maturity
Alliance FDGold 40 Yes 30000 12 3.20 Yes Monthly
AmBank (M) Berhad
Conventional Fixed Deposit 18 No 5000 500 1 3.00 3.00 3.25 3.25 3.30 No Upon maturity
Am50Plus 49 Yes 5000 6 3.30 3.30 3.35 No Monthly
InterestPlus 18 No 5000 1000 1 33.73 12.91 7.81 6.09 5.61 No Upon maturity
AMQuantum 18 No 5000 9 3.25 No Quarterly
Bangkok Bank Berhad
Fixed Deposit Account 18 No 5000 1 2.75 2.75 2.75 2.75 2.75 Yes Upon maturity
Bank of China (Malaysia) Berhad
Fixed Deposit Account 18 No 5000 1000 1 2.75 2.80 2.85 2.90 3.10 No Upon maturity
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
Fixed Deposit (Tenure of up to 12 months for balances exceeding RM1 million) 21 No 1000000 1000000 1 2.75 2.75 2.75 2.75 2.75 No Upon maturity
CIMB Bank Berhad
Fixed Deposits 18 No 5000 1000 1 3.05 3.05 3.10 3.10 3.30 No Upon maturity
Citibank Berhad
Time Deposit 18 No 5000 1000 1 2.90 3.05 3.10 3.10 3.15 Yes Upon maturity
EON Bank Berhad
Normal Fixed Deposit 12 No 5000 500 1 2.90 2.95 2.95 2.95 3.10 No Upon maturity
V50 Fixed Deposit 50 Yes 5000 500 1 2.90 2.95 2.95 2.95 3.10 No Monthly
Earn Now Fixed Deposit 18 No 10000 3 2.90 2.95 2.95 2.95 3.10 No
Hong Leong Bank Berhad
Hong Leong Fixed Deposit (2nd Tier) 18 No 5000 500 1 2.55 2.55 2.60 2.60 2.90 No Upon maturity
HSBC Bank Malaysia Berhad
HSBC Time Deposit 12 No 5000 1000 1 2.75 3.00 3.00 3.00 3.15 No Upon maturity
HSBC Premier Flexi Time Deposit 18 No 5000 1000 1 2.75 3.00 3.00 3.00 3.15 Yes Monthly
Advance Flexi TMD 21 No 5000 1000 1 2.75 3.00 3.00 3.00 3.15 Yes Monthly
J.P. Morgan Chase Bank Berhad
Fixed Deposit No 5000 1 2.00 2.00 2.00 2.00 2.50 Yes Upon maturity
Malayan Banking Berhad
Flexi Fixed Deposit 18 No 5000 1000 1 3.00 3.05 3.10 3.10 3.15 Yes Upon maturity
OCBC Bank (Malaysia) Berhad
OCBC Fixed Deposit Account 18 No 5000 1000 1 2.85 2.95 3.00 3.00 3.15 Yes Upon maturity
Public Bank Berhad
Fixed Deposit PLUS 18 No 5000 1000 1 3.00 3.05 3.10 3.10 3.15 Yes Upon maturity
PB Golden 50 Plus Fixed Deposit 50 Yes 30000 30000 1 3.10 3.15 3.20 3.20 3.25 Yes Upon maturity
RHB Bank Berhad
Ordinary FD Tier 2 18 No 5000 500 1 3.05 3.10 3.20 3.20 3.30 No
Standard Chartered Bank Malaysia Berhad
Flexi Time Deposit 18 No 5000 1000 1 2.65 2.75 2.85 2.85 3.05 Yes Upon maturity
The Bank of Nova Scotia Berhad
Fixed Deposit 18 No 5000 1000 1 3.05 3.05 3.10 3.15 3.20 No Monthly
The Royal Bank of Scotland Berhad
Fixed Deposit No 5000 1000 1 2.65 2.65 2.65 2.65 2.65 No Upon maturity
United Overseas Bank (Malaysia) Berhad
Fixed Deposit Normal 18 No 5000 500 1 2.55 2.55 2.55 2.55 2.55 No Upon maturity

Tenure of up to 12 months for balances exceeding RM1 million.

More information you can check here.

Fixed Deposit Rates (below RM1 million) – Updated 18/05/2011

Factors to consider when getting a fixed deposit account

  • Find out the initial amount to open an account.
  • Compare the interest rate offered.
  • Find out the frequency of interest payment.
  • Ask if you are allowed to conduct a partial withdrawal without affecting the interest payable to you.
Banking Institution Min. Age Senior Citizen Account Min. Deposit
(RM)
Min. Tenure
(Mths)
Rates % (p.a.)
Tenure (Mths)
Partial Withdrawal Frequency of Interest Payment
1 Mth >1 Mth 1 3 6 9 12
Affin Bank Berhad
Fixed Deposit No 5000 500 1 3.05 3.10 3.25 3.35 3.60 Yes Upon maturity
Alliance Bank Malaysia Berhad
Conventional FD 18 No 5000 500 1 3.00 3.05 3.20 3.20 3.25 No Upon maturity
Alliance FDGold 40 Yes 30000 12 3.35 Yes Monthly
AmBank (M) Berhad
Conventional Fixed Deposit 18 No 5000 500 1 3.00 3.00 3.25 3.25 3.30 No Upon maturity
Am50Plus 49 Yes 5000 6 3.30 3.30 3.35 No Monthly
InterestPlus 18 No 5000 1000 1 33.73 12.91 7.81 6.09 5.61 No Upon maturity
AmQuantum 18 No 5000 9 3.25 No Quarterly
Bangkok Bank Berhad
Fixed Deposit Account 18 No 5000 1 3.05 3.10 3.15 3.20 3.20 Yes Upon maturity
Bank of China (Malaysia) Berhad
Fixed Deposit Account 18 No 5000 1000 1 2.75 2.80 2.85 2.90 3.10 No Upon maturity
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
Fixed Deposit (Tenure of up to 12 months for balances below RM1 million) 21 No 5000 1000 1 3.00 3.00 3.00 3.00 3.50 No Upon maturity
CIMB Bank Berhad
Fixed Deposit 18 No 5000 1000 1 3.05 3.05 3.10 3.10 3.30 No Upon maturity
Citibank Berhad
Time Deposit 18 No 5000 1000 1 2.90 3.05 3.10 3.10 3.15 Yes Upon maturity
Deutsche Bank (Malaysia) Berhad
Fixed Deposit 18 No 5000 1000 1 2.95 2.95 3.00 3.00 3.25 Yes Upon maturity
EON Bank Berhad
Normal Fixed Deposit 12 No 5000 500 1 2.90 2.95 2.95 2.95 3.10 No Upon maturity
V50 Fixed Deposit 50 Yes 5000 500 1 2.90 2.95 2.95 2.95 3.10 No Monthly
Earn Now Fixed Deposit 18 No 10000 3 2.90 2.95 2.95 2.95 3.10 No
Hong Leong Bank Berhad
Hong Leong Fixed Deposit 18 No 5000 500 1 2.90 2.95 2.95 2.95 3.10 No Upon maturity
Hong Leong Senior Savers Fixed Deposits 55 Yes 30000 3 2.95 2.95 2.95 3.10 No Upon maturity
HSBC Bank Malaysia Berhad
HSBC Time Deposit 12 No 5000 1000 1 2.75 3.00 3.00 3.00 3.15 No Upon maturity
HSBC Premier Flexi Time Deposit 18 No 5000 1000 1 2.75 3.00 3.00 3.00 3.15 Yes Monthly
Advance Flexi TMD 21 No 5000 1000 1 2.75 3.00 3.00 3.00 3.15 Yes Monthly
J.P. Morgan Chase Bank Berhad
Fixed Deposit No 5000 1 2.65 2.70 2.75 2.75 2.75 Yes Upon maturity
Malayan Banking Berhad
Flexi Fixed Deposit 18 No 5000 1000 1 3.00 3.05 3.10 3.10 3.15 Yes Upon maturity
OCBC Bank (Malaysia) Berhad
OCBC Fixed Deposit Account 18 No 5000 1000 1 2.85 2.95 3.00 3.00 3.15 Yes Upon maturity
Public Bank Berhad
Fixed Deposit Plus 18 No 5000 1000 1 3.00 3.05 3.10 3.10 3.15 Yes Upon maturity
PB Golden 50 Plus Fixed Deposit 50 Yes 30000 30000 1 3.10 3.15 3.20 3.20 3.25 Yes Upon maturity
RHB Bank Berhad
RHB FD P.A.Y.S 18 No 10000 3 3.10 No Monthly
Ordinary FD Tier 1 18 No 5000 500 1 3.05 3.10 3.20 3.20 3.30 No Upon maturity
RHB Senior FD 50 Yes 10000 10000 12 3.30 No Monthly
Standard Chartered Bank Malaysia Berhad
Flexi Time Deposit 18 No 5000 1000 1 2.95 3.00 3.10 3.10 3.25 Yes Upon maturity
The Bank of Nova Scotia Berhad
Fixed Deposit 18 No 5000 1000 1 3.05 3.05 3.10 3.10 3.15 No Monthly
The Royal Bank of Scotland Berhad
Fixed Deposit No 5000 1000 1 2.65 2.65 2.70 2.75 2.75 No Upon maturity
United Overseas Bank (Malaysia) Berhad
Fixed Deposit Normal 18 No 5000 500 1 2.80 2.90 3.00 3.00 3.10 No Upon maturity
Golden Saver 50 Yes 100000 100000 1 3.05 3.15 3.25 3.25 3.20 No Upon maturity

Tenure of up to 12 months for balances below RM1 million.

More information you can check here.