Standard Chartered Step Up FD

From 10 to 14 September, if you deposit a minimum of RM5,000 on a 12-month tenure to JustOne Current Account or JustOne Savings Account, you'll be able to enjoy SCB Step Up Fixed Deposit interest rates.

The 12-month tenure will be divided into 4 cycles, whereby the interest rates will increase from cycle to cycle. 5.5% pa is the interest rate for the last cycle. Refer to the table below for details.

I did a rough calculation. The actual interest rate is around 3.85% pa which is still higher than the current FD rates in the market.