Fixed Deposit Promotion
RHB Fixed Deposit Interest Rate
- 1 month tenure – minimum deposit placement of RM5,000
Feb 07, 2021 In a heavily summarised definition: Fixed / Time deposits require you to place funds (usually fresh funds) in a account for a specified amount of time Incremental balance promotions require you to increase your average balance of your account from a defined period with fresh funds. Terms and Conditions. 1 HSBC 2021 SGD Jade Time Deposit Promotion Terms and Conditions apply. 2 HSBC 2021 SGD Premier Time Deposit Promotion Terms and Conditions apply. 3 HSBC 2021 SGD Personal Banking Time Deposit Promotion Terms and Conditions apply. Deposit Insurance Scheme. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance. Time Deposit Travel Insurance Apply. This product has been successfully added to favorite product list! Share Product Information. Send to: WhatsApp WeChat Share on WeChat. Open WeChat and click Discover. Scan the QR code and share on Moments. Email Copy Link Copied to Clipboard.
- 2 months tenure and above – minimum deposit placement of RM500
Public Bank Fixed Deposit Malaysia Board Rate
| Tenure(Months) | BOARD RATES % (p.a.) |
| 1 mths | 1.65% |
| 2 mths | 1.65% |
| 3 to 5 mth | 1.70% |
| 6 mths | 1.80% |
| 7 to 11 mth | 1.80% |
| 12 mths | 1.85% |
| 13 to 60 mths | Negotiable |
Check Out Singapore Fixed Deposit
Check Out Malaysia Fixed Deposit
RHB Bank FIXED DEPOSIT PROMOTION : Link
Term Deposit Offer via Over-The-Counter/ e-Term Deposit Offer via FPX
Start Date :22 Sep 2020
End Date :31 OCT 2020
Tenure : 6 Months (2.35%) 12 Months (2.45%)
Minimum Placement Amount : Rm 10,000
Last month in December, I have placed a 6 months fixed deposit with CIMB Bank that gives me an interest rate of 1.80% p.a. The good news is that CIMB Bank has maintained its interest rate of 1.80% p.a. for its Chinese New Year Fixed Deposit Promotion. They are probably the only bank that maintain the high interest rate of 1.80% p.a.
While searching for Chinese New Year fixed deposit promotions, I found a promotion from OCBC that gives you vouchers instead of cash for a 6 month locked in period. The interest rate is 1.70% p.a. if you compare the value of the vouchers against cash. You can read more about it below.
The next good deal is from Hong Leong Finance where they maintain their interest rate of 1.73% p.a.
CIMB Fast Fixed Deposit Chinese New Year Promotion
Interest rate: 1.80%, Minimum Placement: S$10,000, Promotion Valid Until: 31st January 2020
The total interest that you will receive if you place S$20,000 for 12 months is S$360.
OCBC Bank Chinese New Year Deposit Promotion
Interest Rate: Not Applicable, Minimum Placement: S$10,000, Promotion Valid Until: 31st January 2020
Fixed Deposit Promotion Malaysia
As part of OCBC Chinese New Year promotion, receive S$85 NTUC FairPrice vouchers with every S$10,000 in fresh funds deposited into OCBC Passbook, Statement Savings, Premier Statement Savings and Premier Easisave accounts. The funds must be maintained for 6 months.
If you work backwards, the S$85 NTUC FairPrice vouchers is equivalent to an interest rate of 1.70% p.a based on a deposit of S$10,000 locked in for 6 months.
Fixed Deposit Promotion Malaysia 2020
Hong Leong Finance
Interest Rate: 1.73%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated
The total interest that you will receive if you place S$20,000 for 12 months is S$348.76.
Standard Chartered Bank (Singapore)
Interest Rate: 1.55%, Minimum Placement: S$25,000, Promotion Valid Until: 31st January 2020
Unless you are a priority banking customer, otherwise you get an interest rate of 1.55% p.a. for a minimum place of S$25,000 with Standard Chartered Bank.
The interest that you will get is S$322.92 based on an interest rate of 1.55% p.a. for a placement of S$25,000 for 10 months.
If you are a priority customer, the interest that you will get is S$343.75 based on an interest rate of 1.65% p.a. for a placement of S$25,000 for 10 months.
MayBank Singapore Dollar Time Deposit
Interest Rate: 1.60%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated
Maybank has further reduced their fixed deposit interest rate from 1.80% to 1.60%. The total interest that you will receive if you place S$20,000 for 12 months is S$320.00. However, there are some catch should you choose to place your fixed deposit with MayBank
- You need to have a MayBank Current or Savings account.
- For every S$1,000 deposited into the CASA Account, S$10,000 can be placed into the Singapore Dollar Time Deposit, subject to a minimum of S$20,000 in Time Deposit and the corresponding minimum deposit of S$2,000 in the CASA Account.