Alliance Bank Fixed Deposit Rate
Bukit Mertajam Branch Opening FD Promo · Min RM10,000 · Until 30 Sept 2026
Alliance Bank Malaysia is offering a standout promotional FD rate of 4.08% p.a. for 6 months through its Bukit Mertajam branch opening promotion. This is currently the highest retail FD rate in Malaysia that doesn’t require a premium banking tier, though it typically requires a branch visit with fresh funds.
Official Alliance Bank Promo Page
| Tenure | Interest Rate (p.a.) | Min Deposit |
|---|---|---|
| 6 Months | 4.08% | RM10,000 |
| 3 Months | 3.90% | RM10,000 |
| 12 Months | 3.80% | RM10,000 |
| Tenure | Interest Rate (p.a.) |
|---|---|
| 1 Month | 1.75% |
| 3 Months | 1.85% |
| 6 Months | 1.90% |
| 12 Months | 1.95% |
Place an Alliance Bank FD
- Visit the Alliance Bank Bukit Mertajam branch (Penang) in person
- Bring fresh funds (money not currently in an Alliance Bank account)
- Request the branch opening promotion FD rate
- Minimum deposit is RM10,000
- Promotion valid until 30 April 2026
Note: This promotion typically requires a physical branch visit and “Fresh Funds” — money not already held in an Alliance Bank account. Contact the branch to confirm eligibility.
PIDM Protection
Protected up to RM250,000 per depositor per member bank under PIDM.
Branch Visit Required
Unlike online eFD promotions, this rate typically requires a physical visit to the Bukit Mertajam branch. Contact the branch before visiting to confirm terms.
Tax-Exempt
FD interest for individual Malaysian tax residents is fully tax-exempt under current tax regulations.
Fresh Funds Only
Promotional rate is generally for fresh funds only — new money transferred in from another bank, not existing Alliance Bank balances.
How Does Alliance Bank Compare?
Alliance Bank’s 4.08% is the highest retail-tier FD rate in Malaysia, beating all online eFD campaigns. However, it requires a branch visit to Bukit Mertajam (Penang) and fresh funds. For online convenience, AmBank (3.68%), CIMB (3.60%), and Maybank (3.55%) can be placed from home via FPX with lower minimums.