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 InstitutionMin. AgeSenior Citizen AccountMin. Deposit
(RM million)
Min. Tenure
(Mths)
Rates % (p.a.)
Tenure (Mths)
Partial WithdrawalFrequency of Interest Payment
1 Mth>1 Mth136912
Affin Bank Berhad
Fixed DepositNo500050013.053.103.253.353.60YesUpon maturity
Alliance Bank Malaysia Berhad
Conventional FD18No500050012.752.752.903.003.10NoUpon maturity
Alliance FDGold40Yes30000123.20YesMonthly
AmBank (M) Berhad
Conventional Fixed Deposit18No500050013.003.003.253.253.30NoUpon maturity
Am50Plus49Yes500063.303.303.35NoMonthly
InterestPlus18No50001000133.7312.917.816.095.61NoUpon maturity
AMQuantum18No500093.25NoQuarterly
Bangkok Bank Berhad
Fixed Deposit Account18No500012.752.752.752.752.75YesUpon maturity
Bank of China (Malaysia) Berhad
Fixed Deposit Account18No5000100012.752.802.852.903.10NoUpon maturity
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
Fixed Deposit (Tenure of up to 12 months for balances exceeding RM1 million)21No1000000100000012.752.752.752.752.75NoUpon maturity
CIMB Bank Berhad
Fixed Deposits18No5000100013.053.053.103.103.30NoUpon maturity
Citibank Berhad
Time Deposit18No5000100012.903.053.103.103.15YesUpon maturity
EON Bank Berhad
Normal Fixed Deposit12No500050012.902.952.952.953.10NoUpon maturity
V50 Fixed Deposit50Yes500050012.902.952.952.953.10NoMonthly
Earn Now Fixed Deposit18No1000032.902.952.952.953.10No
Hong Leong Bank Berhad
Hong Leong Fixed Deposit (2nd Tier)18No500050012.552.552.602.602.90NoUpon maturity
HSBC Bank Malaysia Berhad
HSBC Time Deposit12No5000100012.753.003.003.003.15NoUpon maturity
HSBC Premier Flexi Time Deposit18No5000100012.753.003.003.003.15YesMonthly
Advance Flexi TMD21No5000100012.753.003.003.003.15YesMonthly
J.P. Morgan Chase Bank Berhad
Fixed DepositNo500012.002.002.002.002.50YesUpon maturity
Malayan Banking Berhad
Flexi Fixed Deposit18No5000100013.003.053.103.103.15YesUpon maturity
OCBC Bank (Malaysia) Berhad
OCBC Fixed Deposit Account18No5000100012.852.953.003.003.15YesUpon maturity
Public Bank Berhad
Fixed Deposit PLUS18No5000100013.003.053.103.103.15YesUpon maturity
PB Golden 50 Plus Fixed Deposit50Yes300003000013.103.153.203.203.25YesUpon maturity
RHB Bank Berhad
Ordinary FD Tier 218No500050013.053.103.203.203.30No
Standard Chartered Bank Malaysia Berhad
Flexi Time Deposit18No5000100012.652.752.852.853.05YesUpon maturity
The Bank of Nova Scotia Berhad
Fixed Deposit18No5000100013.053.053.103.153.20NoMonthly
The Royal Bank of Scotland Berhad
Fixed DepositNo5000100012.652.652.652.652.65NoUpon maturity
United Overseas Bank (Malaysia) Berhad
Fixed Deposit Normal18No500050012.552.552.552.552.55NoUpon 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 InstitutionMin. AgeSenior Citizen AccountMin. Deposit
(RM)
Min. Tenure
(Mths)
Rates % (p.a.)
Tenure (Mths)
Partial WithdrawalFrequency of Interest Payment
1 Mth>1 Mth136912
Affin Bank Berhad
Fixed DepositNo500050013.053.103.253.353.60YesUpon maturity
Alliance Bank Malaysia Berhad
Conventional FD18No500050013.003.053.203.203.25NoUpon maturity
Alliance FDGold40Yes30000123.35YesMonthly
AmBank (M) Berhad
Conventional Fixed Deposit18No500050013.003.003.253.253.30NoUpon maturity
Am50Plus49Yes500063.303.303.35NoMonthly
InterestPlus18No50001000133.7312.917.816.095.61NoUpon maturity
AmQuantum18No500093.25NoQuarterly
Bangkok Bank Berhad
Fixed Deposit Account18No500013.053.103.153.203.20YesUpon maturity
Bank of China (Malaysia) Berhad
Fixed Deposit Account18No5000100012.752.802.852.903.10NoUpon maturity
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
Fixed Deposit (Tenure of up to 12 months for balances below RM1 million)21No5000100013.003.003.003.003.50NoUpon maturity
CIMB Bank Berhad
Fixed Deposit18No5000100013.053.053.103.103.30NoUpon maturity
Citibank Berhad
Time Deposit18No5000100012.903.053.103.103.15YesUpon maturity
Deutsche Bank (Malaysia) Berhad
Fixed Deposit18No5000100012.952.953.003.003.25YesUpon maturity
EON Bank Berhad
Normal Fixed Deposit12No500050012.902.952.952.953.10NoUpon maturity
V50 Fixed Deposit50Yes500050012.902.952.952.953.10NoMonthly
Earn Now Fixed Deposit18No1000032.902.952.952.953.10No
Hong Leong Bank Berhad
Hong Leong Fixed Deposit18No500050012.902.952.952.953.10NoUpon maturity
Hong Leong Senior Savers Fixed Deposits55Yes3000032.952.952.953.10NoUpon maturity
HSBC Bank Malaysia Berhad
HSBC Time Deposit12No5000100012.753.003.003.003.15NoUpon maturity
HSBC Premier Flexi Time Deposit18No5000100012.753.003.003.003.15YesMonthly
Advance Flexi TMD21No5000100012.753.003.003.003.15YesMonthly
J.P. Morgan Chase Bank Berhad
Fixed DepositNo500012.652.702.752.752.75YesUpon maturity
Malayan Banking Berhad
Flexi Fixed Deposit18No5000100013.003.053.103.103.15YesUpon maturity
OCBC Bank (Malaysia) Berhad
OCBC Fixed Deposit Account18No5000100012.852.953.003.003.15YesUpon maturity
Public Bank Berhad
Fixed Deposit Plus18No5000100013.003.053.103.103.15YesUpon maturity
PB Golden 50 Plus Fixed Deposit50Yes300003000013.103.153.203.203.25YesUpon maturity
RHB Bank Berhad
RHB FD P.A.Y.S18No1000033.10NoMonthly
Ordinary FD Tier 118No500050013.053.103.203.203.30NoUpon maturity
RHB Senior FD50Yes1000010000123.30NoMonthly
Standard Chartered Bank Malaysia Berhad
Flexi Time Deposit18No5000100012.953.003.103.103.25YesUpon maturity
The Bank of Nova Scotia Berhad
Fixed Deposit18No5000100013.053.053.103.103.15NoMonthly
The Royal Bank of Scotland Berhad
Fixed DepositNo5000100012.652.652.702.752.75NoUpon maturity
United Overseas Bank (Malaysia) Berhad
Fixed Deposit Normal18No500050012.802.903.003.003.10NoUpon maturity
Golden Saver50Yes10000010000013.053.153.253.253.20NoUpon maturity

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

More information you can check here.