HSBC premier is a priority banking service similar to Hong Leong PB. You need to have minimum RM 200000 in your accounts with HSBC. If the minimum amount drops below RM 200000, an account fee of RM 150 per month will be charged.
The promotion is for 3-month tenure of FD. The amount to be placed must be fresh fund of RM 100000. The interest for first month and second month will follow prevailing board rate which is 3.00% p.a. The third month's interest rate will be 7.88% p.a.
The actual interest rate for this FD will be 4.627% p.a. which is the highest in the market now. Walk in to your nearest HSBC branch to understand more.