Hong Leong FD & Junior FD Promotion

Other than the Priority Banking Premium FD Promotion, Hong Leong Bank also launches FD promotion and Junior FD promotion at the same period, which is from 6th March to 30th June 2013.

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 FD promotional rate and the eligible FD Accounts are as follows:

Tenure	Promo Rate	Participating Account	FD Placement Amount
12 months	3.75% p.a.	HL Conventional FD HL Senior Savers Flexi FD HL Flexi FD	RM 10000 – RM 1000000

For the Junior FD promotion, customers are required to open or have a 3-in-1 Junior Account that comes with Junior Fixed Deposit, Junior Savings Account and Junior Debit Card, and make a new placement into the Junior Fixed Deposit account for 24 months during the promotion period.

Minimum RM 1 is required to open a Junior Savings Account. Issuance fee for Junior Debit Card is RM 8 per Customer. First 500 customers who apply the Junior Debit Card during the promotion period are free of charge, on first-come-first-serve basis. Notification will be given upon reaching 500 Customers by way of posting on HLB’s website.

The promotional FD rate is offered on a step up basis for 24 months, with a total of 2 cycles and 12 months tenure in each cycle as follows:

Tenure	1st Cycle	2nd Cycle	FD Placement Amount
12 months (2 cycles)	3.85% p.a.	3.95% p.a.	RM 1000 – RM 1000000

Both FD and Junior FD customers are automatically qualify to participate in the Sweet Deals Contest to stand a chance to win a Mazda 3.

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.

PB-Esso Mobil Gold Credit Card

In my previous post, I mentioned that Esso/Mobil gives the most rewards to their customers. Now, Petron has taken over Exxon Mobil petrol stations in Malaysia and the rebranding is in progress. Public Bank is currently having a campaign for its Esso Mobil Co-brand credit card, the PB-Esso Mobil Gold Credit Card, from 1st March to 30th June 2013.

The campaign is open to new and existing principal and supplementary PB-Esso Mobile Visa Gold Credit cardmembers. Eligible new principal cardmembers will be offered a RM50 Activation Cash Rewards payment (must swipe with minimum retail purchase of RM 80 within 2 months from card approval date) while all cardmembers can enjoy up to 5% cash rebate and up to 2,000 extra Smiles Points on purchase of fuel at Esso, Mobil or Petron service stations.

The maximum cash back each month per cardmember is RM 50. The cash rebate tier and extra smile points are shown in below table:

Total Monthly Purchase	Cash Rebate	Total Monthly Fuel Purchase	Extra Smile Points
≤ RM 100	0.5 %	≥ RM 100—RM 200	300
> RM 100—RM 200	1.0%
> RM 200—RM 500	2.0%	> RM 200—RM 500	500
> RM 500—RM 800	3.0%	> RM 500—RM 800	1000
> RM 800	5.0%	> RM 800	2000

The extra Smiles Points on fuel purchases at Esso, Mobil or Petron service stations is subject to a minimum total monthly fuel purchase of RM 100 at Esso, Mobil and Petron service stations and a minimum total monthly card usage of RM 600 on other retail purchase. For other retail purchases, cardmember can get unlimited cash megaBonus of 0.5%.

If your monthly petrol consumption is greater than RM 800, then this card is suitable for you. This card is free for life, so you can enjoy annual card fee waiver for life without any conditions.