Hong Leong Priority Banking Premium Fixed Deposit Promotion

Chinese New Year has ended and so are most of the FD promotions. After the Fatt Choi FD promotion, Hong Leong has come back with Premium FD promotion exclusively for its Priority Banking (PB) customers, starting from 6th March to 30th June 2013, or upon reaching target fund size, whichever comes first.

The Premium FD promotion offers PB customers with below:

Tenure	Promotional Rate	FD Placement Amount	Bundle CASA
6 months	3.98% p.a.	RM 50000 – RM 3000000	Yes
12 months	3.75% p.a.	RM 50000 – RM 1000000	No

To enjoy the promotional rate of 3.98% p.a. for 6 months FD, PB Customers are required to deposit 8% of FD placement amount into a nominated CASA and earmarked for four months. For placement amount from RM 1000000 onwards, the minimum deposit amount in CASA is fixed at RM 80000. The FD deposit amount must be of fresh fund.

At the same time, all FD customers who participate in the promotion will automatically qualify for the FD Sweet Deals Contest. There is only 1 Grand Prize throughout the contest period which is a Mazda 3 Sport 2.0 Sedan. To be eligible to win the Grand Prize, every deposit of RM 1000 per FD receipt into any of the participating accounts for 6, 12 or 24 months, entitles participant to earn one contest entry.

Hong Leong Fatt Choi FD Promotion

It is festive season and also FD promotion season. Hong Leong Bank just launch another FD promotion, called Fatt Choi FD promotion, started from 10th Dec 2012 to 31st January 2013. This promotion is exclusively for Priority Banking customers.

What is Priority Banking? Generally, a Priority Banking (PB) customer does not need to wait or queue for banking over the counter. The other benefits of PB customers are listed above. To be eligible for PB, you need to have minimum RM 200000 in Hong Leong's accounts.

There are two deals in this FD promotion, one bundled with CASA, another without CASA. The former requires 10% of FD amount in CASA and gives 3.70% interest p.a. while the latter gives 3.40% interest p.a. Both require minimum RM 50000 fresh fund deposit and 3-month FD tenure.