Hong Leong Fabulous FD Bundle with CASA

It's already second half of Year 2013 and the banks are starting another round of promotions for FD. This time, Hong Leong Bank brings you the Fixed Deposit bundle with Current Account or Savings Account (CASA) promotion from 1st July to 31st October 2013. This is a 3 month tenure FD with interest rate of 3.30% p.a.

This FD promotion is open to all new and existing customers including Malaysian and non-Malaysian Residents and Non-individual customers. The promotion is applicable for fresh fund only. The minimum placement amount in FD and CASA is as follows:

Types of Customers	FD Placement Amount	Deposit Amount in CASA
Mass/ Non-Priority Banking	RM 10000 to RM 1000000	5% of FD Placement Amount (earmarked for 3 months)
Priority Banking	RM 10000 to RM 2000000

Eligible customers are required to deposit the stipulated amount into one of the following CASA:

1. Hong Leong Basic Savings Account
2. Hong Leong Savings Account
3. Hong Leong Senior Savers Savings Account
4. Hong Leong One Account
5. Hong Leong Pay & Save Account
6. Hong Leong SmartLink Account
7. Hong Leong Basic Current Account
8. Hong Leong Current Account

Besides, you are entitled for the Early Bird Specials on first-come-first-served basis. Each customer is only eligible to 1 early bird gift. Notification will be given in the event the gifts are out of stock by way of posting on HLB’s website.

Qualified customers shall collect the Water Bottle with Tea Strainer on the spot from the home branch once the FD and CASA placement has been made. Whereas, qualified customers will be notified by HLB by phone no later than 31 January 2014 to collect the Takada Halogen Cooker from the home branch respectively.

The effective interest rate for the FD is 3.15% p.a. It's actually quite low. The only good thing is that you can get the early bird gift from the bank while stock lasts.