Hong Leong Mooncake Festival Promotion

Today is the first day of eighth month in Chinese lunar calendar and it is exactly two more weeks to Mid-Autumn Festival. Hong Leong Bank (HLB) is having its Mooncake Festival Promotion from today until 8th September 2014. 62 selected HLB branches will have open house for customers to enjoy fun activities during the promotional period.

AmBank FD 57th Merdeka Day Promotion

Merdeka Day, celebrated on 31st August every year, is a national day of Malaysia commemorating the independence of the Federation of Malaya from British colonial rule in Year 1957. In conjunction with Merdeka Day celebration, AmBank started its "57th Merdeka Day Promotion" for FD from 1st August until 19th September 2014.

UOB-Groupon eAccount FD bundle

UOB Malaysia is running "UOB-Groupon eAccount FD bundle" promotion from 21st July until 31st August 2014. The promotion is for first-time UOB customers aged 18 years and above who apply for a UOB eAccount FD bundle. UOB eAccount to Fixed Deposit ratio at 30:70 is required. Eligible customers can get interest rate of 4.00% p.a. on a 3-month-tenure fixed deposit and a set of three luggage bags.

RHB 15-Month Step Up FD Promotion

RHB Bank's 15-month step up FD promotion started from 12th June and ends on 31st August 2014 or upon reaching RM500 million, whichever comes first. The promotion is open to all new and existing RHB customers (both residents and non-residents) of Consumer segment only.

Public Bank Step Up FD

Public Bank launched the Super FD promotion during the first half of Year 2014. From 1st June to 30th September 2014, Public Bank brings you another Step Up FD promotion that lets you earn higher interest rates on the next 2 rollovers. The campaign is open to all new and existing customers of Public Bank, including individuals aged 18 years above and non-individuals.

Maybank FD Countdown 1 Campaign

Enjoy great return of 3.20% p.a. with Maybank FD Countdown 1 from 1st June till 30th June 2014. The campaign is open to all new FD placements by new and existing customers. What you have to do is just perform a minimum placement of RM 25000 for Retail/Individual customers or RM 50000 for SME/Business Banking, Sole Proprietor, Partnership, Club/Societies/Association.

Hong Leong 12-month FD Step Up Rate Promotion

Hong Leong Bank started its operation in 1905 in Kuching, Sarawak under the name of Kwong Lee Mortgage and Remittance Company. In Year 2011, Hong Leong Bank completed the merger with EON Bank Group. The merger effectively transforms the bank into a banking group of more than RM 145 billion in assets and an expanded network of 329 branches nationwide.

AmBank Mother's Day Special FD Campaign

The celebration of Mother's Day began in the United States of America in Year 1908. Mother's Day is a celebration honoring mothers and motherhood, maternal bonds, and the influence of mothers in society. It is celebrated on various days in many parts of the world, most commonly on second Sunday of May. In conjunction with Mother's Day, AmBank had launched a Mother's Day Special FD campaign from 9th to 23rd May 2014.

OCBC Inflation Buster Promotion

OCBC is offering you a savings solution to combat inflation with its "OCBC Inflation Buster Promotion" FD promotion, from 1st April until 31st July 2014. The promotion is open to individual customers only.

MBSB Golden Horse Triple Rewards

In conjunction with Chinese New Year celebration, MBSB is having a FD promotion, known as the Golden Horse Triple Rewards, from 20th January until 20th April 2014, or upon reaching RM 300 million fund limit, whichever comes first.

The campaign is open to all new and existing individual customers. Under this promotion, customers who participate can get special FD rate of 4.05% p.a. for 12-month tenure, upfront interest payment and 1g gold wafer (999.9 purity, while stock lasts). Minimum fresh fund of RM 100000 must be deposited in order to participate. There is no limit on the maximum placement.

The fund must be kept at 80:20 portion in Individual FD (RM 80000) and Wise Saver Account (RM 20000). The interest payment will be credited automatically into eligible customers' Wise Saver Account on the next working day once the fixed deposit placement is done.

First 1000 customers can get the gold wafer based on first-come-first-served while stock last basis. There is no limit on the number of gold wafers for each customer. If a customer makes FD placement of RM 300000, he will be entitled for 3 gold wafers, while stock lasts.

The effective interest rate for the FD promotion is 3.69% p.a. plus the value of gold wafer is RM 170. This is a good promotion for those who have a huge savings.

Public Bank Super FD Promotion 2014

Last year, Public Bank launched a 12-month step up bundled FD promotion, known as the Super FD, with up to 6.88% p.a. interest rate. The promotion has returned for Year 2014 and with even better rates, starting from today until 30th June 2014.

The campaign is open to all new and existing individual customers (personal or joint account holders) of Public Bank. Eligible customers are required to place fresh funds of minimum RM 30000 and in multiple of RM 5000 up to maximum of RM 3000000 into both PLUS FD and PLUS Savings Account (SA) at 80:20 ratio. 

The amount in PLUS SA will be earmarked for 12 months while the PLUS FD will be placed under 1 month tenure on auto-renewal basis and locked in for 12 months. Customers have the flexibility to withdraw at any time but only entitle for the prevailing FD board rates. 

The step up interest rate for each month is shown in the above picture. The promotional interest rate will be subject to revision should there be any Overnight Policy Rate changes. The interest rate for PLUS SA can be found here. 

The effective interest rate is 3.48% p.a., higher than that of previous Super FD. However, the minimum deposit requirement of RM 30000 is considered high in the market. You can easily find better rates with other banks with such requirement.

Hong Leong Bank FD Promotions

Chinese New Year is getting nearer and nearer. Hong Leong Bank is now having a series of FD promotions to celebrate the upcoming Year of Horse. Greet the new year with high FD rate and usher in good fortune.

The first promotion is a 6-month step up bundle FD with up to 3.68 % p.a. interest rate. The minimum FD placement amount is RM 5000 and the maximum amount is up to RM 1000000. 8% of the FD placement amount will need to be deposited into CASA and earmarked for 3 months. The effective interest rate for the FD promotion is 3.43% p.a. and the promotion is valid until 28 February 2014 or upon reaching the fund size of RM 800 million, whichever comes first.

On 13, 15, 16, 20 & 21 January 2014, selected Hong Leong Bank branches are extending banking hours from 4.30pm to 8.00pm to reward eligible customers with 24K gold-plated horse figurine. To be eligible for the gift, customers are required to deposit fresh fund of RM 38000, RM 68000 and RM 138000 into their CASA and earmark for 3 months. Once customers take up this offer, they can also enjoy 6-month FD of 3.80% p.a. The minimum FD placement amount is RM 5000 and the maximum must not exceed the CASA earmarking amount. FD and CASA placement must be made concurrently.

Hong Leong Mach FD gives you a high interest rate of 3.70% p.a. on your 6-month FD from 8th January to 28th February 2014 or upon reaching RM 150 million fund size, whichever comes earlier. The promotion is open to all new and exisint Mach individual FD customers. Minimum placement amount of RM 1000 and maximum amount of RM 250000 is required to be deposited into Mach FD to order the promotional rate.

Affin Bank Fortune Rides Your Way CNY FD Promotion

Affin Bank 2014 Chinese New Year FD Promotion started from 1st December 2013 and ends on 30th April 2014. Customers can enjoy promotional interest rates of up to 4.18% p.a. in the FD Bundle promotion.

The promotion is open to all new and existing individual customers who maintain or open any of the following accounts with minimum RM 1000 deposit:

1. Basic Savings
2. Ordinary Savings (Passbook based)
3. Statement Savings
4. Affin Plus
5. Affin Gold (both Passbook and Statement based)
6. Normal FD

Eligible customers who deposit the stipulated amount in CASA will be able to enjoy promotional Fixed Deposit rates as follow: 

CASA Placement Amount (RM)	FD Placement	FD Tenure	FD Promotional Interest Rate (p.a.)
1000 – 5000	2 times of CASA placement amount	15months	3.88%
10000 – 50000	2.5 times of CASA placement amount	18 months	3.98%
100000 – 500000	3 times of CASA placement amount	24 months	4.18%

The amount deposit into CASA must be earmarked for the same time period as the Fixed Deposit tenure. The maximum FD placement is capped at RM 1500000 for each customer. The amount placed for CASA and FD must be from fresh fund.

Eligible customers who participated in the promotion above also stand a chance to win the prize of fortune horse (total 1000 unit). A total of 200 winners a month will be selected via a lucky draw process. 

OCBC Head Start Promotion

OCBC launched a new FD promotion, the "OCBC Head Start Promotion", from 1st December 2013 until 31st March 2014. The promotion consists of 4 products and is open to individual customers.

The promotion details are summarized in the table below:

No	Product	FD Tenure	Interest Rate	Eligibility
1	Deposit Deal	3-month 12-month	3.10% p.a. 3.30% p.a.	Min RM 10000 placement and max RM 1 million deposit.
2	Investment Deal	3-month	4.00% p.a.	Purchase any one or more of the selected OCBC Investment products.
3	Savings Deal	3-month	4.28% p.a.	Min RM 10000 placement and max RM 1 million deposit, with equivalent amount place in CASA and earmarked for 3 months.
4	Premier Bank Deal	3-month	5.50% p.a.	Premier Banking customer with 3 Product Holding where 1 of the products must be non-deposit product.

The OCBC Head Start Promotion is not as good as the previous Mega Save Promotion. Overall, the interest rate offered is lower. For Savings Deal, the FD placement amount must be equivalent to the CASA earmarked amount, which makes the promotion even less attractive.

AmBank Top Rate FD Promotion

AmBank has started "I AmBanking on Top Rate" FD promotion from 9th December 2013 until 19th January 2014. AmBank's Conventional Fixed Deposit and AmIslamic Bank's AmAdvance Investment Account-i with a 36-month tenure will be eligible for preferential interest rate of 4.12% p.a.

The campaign is open to all new and existing AmBank/AmIslamic Bank individual customers and non-individual customers. The promotional rate is subjected to a minimum fresh fund placement of RM 50000 for individual customers or RM 100000 for non-individual customers.

This is the FD promotion that currently gives the highest interest rate in the market. The tenure period is acceptable, just that the minimum deposit amount is quite high.

UOB Triple Fortune 2014

It's already December and we will usher in Year of the Horse in three weeks' time. UOB Triple Fortune has returned to triple your prosperity this new year. The promotion is valid from 1st December 2013 until 28th February 2014.

For every new fund of RM 50000 deposited into an eligible CASA, customers will be entitled to get a 24-karat gold-plated horse (1000 unit only). For the Oriental Tile Box (1200 unit only), customers need to place fresh fund of RM 68000 into a high yield account, i-Account or Global Currency Premium Account. For fresh fund deposit of RM 128000, customers are eligible to get 2 boxes ("Peony" and "Plum Blossom" designs).

Both Golden Prosperity Horse and Prosperity Oriental Tile Box are on first-come-first-serve while stock last basis and the deposit will be earmarked for 3 months. In the event that any part of the earmarked amount is withdrawn prior to the expiry of the tenure, the bank will deduct RM 120 (each Golden Prosperity Horse) and RM 180 (each Oriental Tile Box) from CASA at the time of withdrawal.

For the Prosperity FD, customers can enjoy attractive interest rate on 3-month, 12-month and 13-month FD with minimum deposit of RM 10000 and maximum of RM 5000000. For 3-month-tenure, the interest rate is 3.38% p.a. while for 12-month-tenure and 13-month-tenure, the interest rate is 3.55% p.a. and 3.65% p.a. respectively. The 3-month-tenure requires customers to deposit at least RM 1000 or 5% of deposited amount (whichever is higher) into CASA and earmarked for 3 months.

RHB Golden Horses of Fortune Deposit Promotion

It's 3 more months to Chinese New Year and next year will be the Year of Horse in Chinese Zodiac. RHB Bank has a new FD promotion, started from 18th October 2013 until 18th January 2014, that rewards you 24K Gold-plated Horse figurine collection when you deposit with RHB.

The campaign is open to all new and existing RHB Bank CASA Individual account holders (both residents and non-residents) of the Conventional Retail Banking segment. Eligible customers will be rewarded with GoldArt Figurine Gifts Series based on the deposit amount as follows:

Tier	Criteria	Reward	Retail Price
1	Every RM 50000 deposited in CASA	One small size 24K gold plated figurine	RM 238.00
2	Every RM 300000 deposited in CASA	Complete set of four small size 24K gold plated figurines and two medium size 24K gold plated figurines	RM 1628.00

At the same time, customers who fulfill the CASA requirement as mentioned above are also entitled to enjoy a 3-month preferential FD rate as follows:

Tier	FD Amount	Preferential Rate	Promotional Rate
1	RM 50000 – RM 299999	3-month FD Board Rate + 0.43%	3.48%
2	RM 300000 and above	3-month FD Board Rate + 0.63%	3.68%

To qualify for the reward and FD promotional rate, customers must deposit the required amount into the Participating CASA with new funds and allow RHB to hold the amount for 90 days from the date of placement. FD placement must be made with fresh fund and FD amount must not exceed the CASA “on hold” amount (3-month FD board rate as at 18 October 2013 is 3.05%).

 

Customers can also stand a chance to win exclusive gold-plate artistry frame contest via lucky draw. This is a very good promotion to usher in the new year.

OCBC Mega Save 2 Promotion

OCBC Mega Save Promotion is ended in September but OCBC Mega Save 2 Promotion is back again until 31st October 2013!

The promotion details are summarized in the table below with the previous rates striked out:

No	Product	FD Tenure	Interest Rate	Eligibility
1	Save Together Deal (Joint)	13-month	3.70% p.a. 3.55% p.a.	Min RM 10000 placement and max RM 500000 deposit.
2	Save Solo Deal	12-month	3.40% p.a. 3.30% p.a.	Min RM 10000 placement and max RM 1000000 deposit.
3	Investment Deal	3-month	4.00% p.a.	Purchase any one or more of the selected OCBC Investment products.
4	Savings Deal	3-month	4.50% p.a. 4.20% p.a..	Min RM 10000 placement and max RM 1000000 deposit, with 50% of equivalent amount place in CASA.
5	Premier Bank Deal	3-month	5.50% p.a.	Premier Banking customer with 3 Product Holding where 1 of the products must be non-deposit Wealth product.

The same promotion on foreign currency time deposits where eligible customers can enjoy additional 5.00% p.a. interest rate for 1-month tenure for the selected currencies as below:

Currency	Prevailing Board Rates (27th May 2013) (9th Sep 2013)	Promotional Rates (Additional 5.00% p.a.)
Australia Dollar (AUD)	2.25% p.a. 2.10% p.a.	7.25% p.a. 7.10% p.a.
New Zealand Dollar (NZD)	1.84% p.a. 2.08% p.a.	6.84% p.a. 7.08% p.a.
British Pound (GBP)	0.14% p.a. 0.00% p.a.	5.14% p.a. 5.00% p.a.
Singapore Dollar (SGD)	0.09% p.a. 0.19% p.a.	5.09% p.a. 5.19% p.a.
United States Dollar (USD)	0.00% p.a.	5.00% p.a.
Chinese Yuan (CNY)	0.50% p.a.	5.50% p.a.
Canadian Dollar (CAD)	0.12% p.a. 0.13% p.a.	5.12% p.a. 5.13% p.a.
Japanese Yen (JPY)	0.02% p.a. 0.13% p.a.	5.02% p.a. 5.13% p.a.
Euro Currency (EUR)	0.00% p.a.	5.00% p.a.

The Mega Save 2 Promotion is exactly the same as the previous promotion but with lower interest rates.

Hong Leong 6-month Step Up Bundle FD

Besides the Mach FD, Hong Leong Bank brings you another 6-month Fixed Deposit Step Up Rates bundle with Current Account or Savings Account (CASA) promotion from 1st October 2013 until 31st January 2014, or upon reaching fund size of RM 500 million, whichever comes first.

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-PB	RM 10000 to RM 1000000	5% of FD Placement Amount (earmarked for 3 months)
Priority Banking (PB)	RM 50000 to RM 2000000

The promotional interest rates for 6-month FD Step Up Rates are as follows:

	Month	1st to 2nd	3rd to 5th	6th
Mass/Non-PB	Interest Rate (p.a.)	3.10%	3.20%	4.00%
Priority Banking	Interest Rate (p.a.)	3.10%	3.20%	4.50%

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, Non-PB customers are entitled for the Early Bird Specials on first-come-first-served basis. First 200 customers with minimum deposit of RM 300000 in FD and RM 18000 in CASA are eligible to get a pair of Universal Studios Singapore One Day Pass (worth SGD 148).

New and existing Non-PB Individual customers who are primary accountholders and Malaysian will automatically qualify to participate in the following contest. Daily cash prize of RM 1000 will be given away to one winner on weekdays (Mondays to Fridays), excluding Public Holidays. 

Every deposit of RM 10000 per FD receipt entitles customers to earn one contest entry. Customers' Account must remain active with a minimum qualifying balance of RM 10000 in FD and RM 600 in CASA from 31st January until 31st March 2014, else customers will be disqualified from the contest.

The effective interest rates for the FD are 3.12% p.a. for Non-PB and 3.20% p.a. for PB. The rates are actually quite low. You can get better rates with Mach FD.