HSBC Fixed Deposit Rate May 2026

HSBC PREMIER 2026

HSBC Fixed Deposit Rate

Up to 4.28% p.a.

HSBC Premier TD Promotion · Min RM50,000 · Ends 30 Jun 2026

HSBC Malaysia is a leading international bank offering premium fixed deposit rates through its HSBC Premier tier. The Premier TD promotion offers up to 4.28% p.a. for 6 months, remaining among the highest FD rates in Malaysia through June 2026.

Official HSBC Time Deposit Page

FD Rates
HSBC Premier — TD Promotion (May–Jun 2026)
TenureInterest Rate (p.a.)Min Deposit
6 Months4.28%RM50,000
3 Months4.00%RM50,000
12 Months3.80%RM50,000
Standard Board Rates (Non-Promotional)
TenureInterest Rate (p.a.)
1 Month1.70%
3 Months1.80%
6 Months1.90%
12 Months2.00%
How to Place

Place an HSBC Premier Time Deposit

  1. Log in to HSBC Online Banking or the HSBC Malaysia app
  2. Navigate to Accounts → Time Deposit section
  3. Select your preferred tenure and deposit amount (min RM50,000)
  4. Ensure you qualify for HSBC Premier (Total Relationship Balance of RM200,000+)
  5. Confirm the placement — deposit activated upon fund clearance

Note: HSBC Premier requires a Total Relationship Balance (TRB) of RM200,000. Non-Premier customers receive standard board rates.

Key Things to Know

PIDM Protection

Protected up to RM250,000 per depositor per member bank under PIDM.

Premier Tier Requirement

The 4.28% rate is exclusively for HSBC Premier clients. You need a Total Relationship Balance of RM200,000 or more to qualify for Premier status.

Tax-Exempt

FD interest for individual Malaysian tax residents is fully tax-exempt under current tax regulations.

Early Withdrawal

Premature withdrawal forfeits all accrued interest. Only commit funds you won’t need before maturity.

How Does HSBC Compare?

HSBC Premier’s 4.28% ties with Standard Chartered Priority Banking as the top FD rate in Malaysia. Both require premium banking tiers and larger deposits. For retail customers without Premier status, AmBank (3.65%), CIMB (3.60%), and Maybank (3.55%) offer more accessible options from RM1,000. Alliance Bank offers 4.08% at the retail tier but requires a branch visit.

Compare all FD rates →

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