Best Fixed Deposit Rates in Malaysia September 2026
🇲🇾 Baca dalam Bahasa Malaysia →Every bank's latest FD rate, ranked — filter by tenure, amount and Islamic FD.
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📝 Recent fixed deposit rate changes
As of 7 Sep 2026, 2:39 PM MYT
- AmBank's September eFD is live (1 to 30 Sep): 3.70% on 12M and 10M, 3.45% on 3M.
- CIMB's new cycle (28 Aug to 30 Sep) lifts the 12-month eFD to 3.75%.
- Running to 30 Sep: RHB 3.80% (9M), OCBC 3.75% (12M), UOB 4.10% (6M, new to bank). Hong Leong's cycle runs to 14 Sep; its 3.70% tactical ends 2 Sep.
- Ended 31 Aug with no successor yet: MBSB, Alliance Bangsar and Affin. We re-check daily.
- Alliance still leads at 4.38% (Sri Petaling branch, new to bank, to 31 Oct).
Check each offer's conditions before you commit.
📊 The Rates.my FD Rate Index : every bank's best rate averaged daily.
| Bank | Campaign | Tenure | Rate p.a. | Min Dep. | Valid Until | |
|---|---|---|---|---|---|---|
🏆 | Sri Petaling Branch Opening TD-i Sri Petaling branch only, over the counter — new-to-bank or a new CASA-i required. Tiered by segment: the headline 4.38% needs Alliance Privilege (RM300k AUM) or Alliance Personal (RM100k); Mass Market customers get 3.98%. Max RM500,000. Campaign runs to 31 Oct 2026 or until the branch threshold is reached, whichever comes first — the longest-running promo on our panel. PromoIslamicNew $ ★★★★★★★★★★Details & reviews › | 6 Months | 4.38% | RM10,000 | 31 Oct 2026 | Apply |
HSBC Premier Time Deposit (Q3 2026) New-to-HSBC Premier only — needs a RM300k Total Relationship Balance or RM1m+ home loan (Premier Elite RM3m, by invitation). Bundle rates reach 7.88%/9.88% p.a. (3M) with a qualifying wealth or insurance purchase. PromoNew $ ★★★★★★★★★★Details & reviews › | 6 Months | 4.28% | RM50,000 | 30 Sep 2026 | Apply | |
UOB FD Plus New-To-Bank Campaign 4.10% p.a. Privilege Banking (RM10,000–RM350,000) · 4.00% p.a. Wealth Banking and Personal Banking (both RM10,000–RM100,000) — all 6-month tenure only. New-to-bank customers only (no UOB deposit/investment/loan/card/insurance relationship in the past 12 months); must open a new CASA and keep RM10,000 in it throughout. New Funds only, branch placement only (no internet banking). Runs 1 Aug–30 Sep 2026 or RM300m fund size limit, whichever first; placements accepted till 7 Oct 2026. PromoNew $ ★★★★★★★★★★Details & reviews › | 6 Months | 4.10% | RM10,000 | 30 Sep 2026 | Apply | |
Bank Muamalat TIA-i Elevate Campaign 9M 3.80% · 12M 3.75% (RM5,000 min) · 3.85% for an Affluent RM50,000 single placement · 3.88% for an Affluent RM300,000 single placement. TIA-i is an investment account, not a deposit: profit is expected, not guaranteed, and NOT PIDM-protected. Fresh funds only, OTC branch placement only. Renewal reverts to the board rate. Campaign 1 Aug–31 Dec 2026. PromoIslamicNew $ ★★★★★★★★★★Details & reviews › | 9, 12 Months | 3.88% | RM5,000 | 31 Dec 2026 | Apply | |
Alliance Privilege / Personal Term Deposit-i Term Deposit-i for customers NEWLY joining Alliance Privilege or Alliance Personal — existing segment members do not qualify, which is the catch most listings omit. A pure placement with no bundling required, unlike Alliance's banca-linked FD offers (see the bundled-rate table on the Alliance page). Campaign 1 Jul–30 Sep 2026. PromoIslamic ★★★★★★★★★★Details & reviews › | 6 Months | 3.85% | RM10,000 | 30 Sep 2026 | Apply | |
Bank Muamalat FTA-i Elevate Campaign 9M 3.75% · 12M 3.70% (RM5,000 min) · 3.80% for an Affluent RM50,000 single placement · 3.83% for an Affluent RM300,000 single placement. Fresh funds only, OTC branch placement only. PIDM-protected up to RM250,000 per depositor. Renewal reverts to the board rate. Campaign 1 Aug–31 Dec 2026. PromoIslamicNew $ ★★★★★★★★★★Details & reviews › | 9, 12 Months | 3.83% | RM5,000 | 31 Dec 2026 | Apply | |
PB RCB Special Fixed Deposit / Term Deposit-i Red Carpet Banking only (Gold RM300k net assets / Elite RM1m). Gold/Elite: 3.45% (3M) · 3.50% (6M) · 3.55% (9M) · 3.70%/3.75% (12M) · 3.75%/3.80% (15M) — beats the public PB Special FD at 12M & 15M. No partial withdrawal. PromoNew $ ★★★★★★★★★★Details & reviews › | 3–15 Months | 3.80% | RM10,000 | 30 Sep 2026 | Apply | |
RHB 7 & 9 Months FD / e-FD Campaign 3.70% (7M) · 3.80% (9M), min RM5,000 — campaign 31 Jul–30 Sep 2026 (extended from the original 31 Aug end) or until the target is reached. Conventional FD/e-FD only: the Islamic CMD-i campaigns that ran in July were not renewed. Over the counter needs new funds; the e-FD channel (RHB Online Banking, 7am–11pm daily) also accepts a transfer from an existing RHB CASA/-i. No partial withdrawal, and premature uplift pays zero interest. Rate may be revised on an OPR change. Promo ★★★★★★★★★★Details & reviews › | 7, 9 Months | 3.80% | RM5,000 | 30 Sep 2026 | Apply | |
CIMB TIA-i September 2026 Campaign September 2026 cycle (28 Aug–30 Sep): indicative profit up to 3.80% p.a. across 3, 8 and 12-month tenures (per-tenure split pending the September T&C), 50:50 profit sharing, min RM1,000 single investment. Placed at a branch (TIA-i) or online via CIMB Clicks / OCTO (eTIA-i); renewals revert to the prevailing indicative board rate. TIA-i is an investment account, not a deposit — returns are indicative, NOT PIDM-protected. PromoIslamic ★★★★★★★★★★Details & reviews › | 3, 8, 12 Months | 3.80% | RM1,000 | 30 Sep 2026 | Apply | |
CIMB eFD/-i September 2026 Campaign September 2026 cycle (28 Aug–30 Sep): eFD 3.40% (3M) · 3.60% (6M) · 3.75% (12M); eFD-i Maturity Returns 3.60% (7M). Min RM1,000 single placement via CIMB Clicks, the OCTO app or FPX from another bank, linked to a CIMB CASA/-i or DURIAN-i. Campaign rate applies for one cycle, then reverts to the board rate; early withdrawal forfeits all profit/interest. Excludes eFD-i Monthly Returns. PIDM-protected up to RM250,000. vs August: the 12M tier rose from 3.65%. PromoOnline ★★★★★★★★★★Details & reviews › | 3, 6, 7, 12 Months | 3.75% | RM1,000 | 30 Sep 2026 | Apply | |
OCBC Fixed Deposit-i Promo 3.70% (6M) · 3.75% (12M), max RM300,000. Balances must grow from the 31 May 2026 level and stay grown. Standalone FD-i — no wealth or insurance purchase required. PromoIslamicNew $ ★★★★★★★★★★Details & reviews › | 6, 12 Months | 3.75% | RM10,000 | 30 Sep 2026 | Apply | |
AmBank AmOnline eFD September campaign 1–30 Sep 2026: MERDEKA12 (12M, 3.70%) · MERDEKA10 (10M, 3.70%) · MERDEKA3 (3M, 3.45%), entered when you place the eFD. Placement via the AmOnline app or website only — fresh funds by FPX from another bank, or existing AmBank / AmBank Islamic CASA funds both qualify. Min RM1,000. Rate applies for one cycle, then reverts to the board rate on renewal. vs August: the 12M tier eased from 3.75%. PromoOnline ★★★★★★★★★★Details & reviews › | 3, 10, 12 Months | 3.70% | RM1,000 | 30 Sep 2026 | Apply | |
HLB eFD/eFD-i Tactical Promo Short Merdeka-window promo (20 Aug–2 Sep 2026): 3.70% (6M) · 3.65% (12M) — beats HLB's own month-long eFD promo on both tenures. New funds only via FPX on HLB Connect from another bank, min RM1,000, max RM200,000 per FPX transaction. The Islamic eFD-i is included at identical rates and terms. Rates may be revised if the OPR moves. PromoOnlineNew $ ★★★★★★★★★★Details & reviews › | 6, 12 Months | 3.70% | RM1,000 | 2 Sep 2026 | Apply | |
Public Bank PB Special Fixed Deposit 3.40% (3M) · 3.45% (6M) · 3.50% (9M) · 3.65% (12M) · 3.70% (15M) on PLUS Fixed Deposit, over the counter at any branch. Max RM10m. PromoNew $ ★★★★★★★★★★Details & reviews › | 3–15 Months | 3.70% | RM5,000 | 30 Sep 2026 | Apply | |
GXBank Bonus Pocket 3.18% (3M) · 3.70% (6M), app-only. Early withdrawal forfeits the bonus interest (2.00% base kept). Max RM12,500 per pocket, 4 pockets (RM50k total). Online ★★★★★★★★★★Details & reviews › | 3, 6 Months | 3.70% | RM1 | 31 Dec 2026 | Apply | |
HLB eFD Month-Long Promo Extended cycle (31 Jul–14 Sep 2026, originally ending 19 Aug): 3.40% (3M) · 3.60% (6M) · 3.55% (13M) · 3.00% (24M). New funds only, placed via FPX on HLB Connect from another bank — max RM200,000 per FPX transaction, min RM1,000 per tenure. HLB reprices this promo roughly monthly and may revise rates if the OPR moves. For 6M money, HLB's own tactical promo (to 2 Sep) pays 3.70% — see that entry. PromoOnlineNew $ ★★★★★★★★★★Details & reviews › | 3, 6, 13, 24 Months | 3.60% | RM1,000 | 14 Sep 2026 | Apply | |
SC Fixed Deposit Promo Two tiers on the same 12-month campaign, min RM60,000 fresh funds, max RM1m per client: 3.60% for new-to-Priority Banking or maintaining RM200,000 Wealth AUM, and 3.75% for upgrading to Priority Private or buying RM200,000 of wealth products. Campaign 1 Jul–30 Sep 2026. Standard Chartered may reprice mid-campaign if the OPR moves, and can end it early once the cap is hit. A separate CASA-FD bundle reaches 4.80% but requires an 80:20 split with a current account — see the bundled-rate table on the Standard Chartered page. PromoNew $ ★★★★★★★★★★Details & reviews › | 12 Months | 3.60% | RM60,000 | 30 Sep 2026 | Apply | |
Agrobank Term Deposit-i (FRIA-i) Islamic ★★★★★★★★★★Details & reviews › | 12 Months | 2.50% | RM500 | 31 Dec 2026 | Apply | |
BSN Fixed Deposit Lowest minimum deposit — RM500 only ★★★★★★★★★★Details & reviews › | 12 Months | 2.45% | RM500 | 31 Dec 2026 | Apply | |
| Bank Rakyat Term Deposit-i Standard board rate: 6-month 2.25% p.a. · 12-month 2.40% p.a. Minimum RM500 (RM5,000 for the 1-month tenure). Islamic ★★★★★★★★★★Details & reviews › | 6, 12 Months | 2.40% | RM500 | 31 Dec 2026 | Apply |
UOB Fixed Deposit Board rates: 2.05% (1M) · 2.10% (2M) · 2.15% (3–5M) · 2.20% (6–12M); FD-i pays the same. Min RM5,000 (1M), RM500 (2M+). Re-confirmed unchanged against UOB's own rates feed, with effect from 20 Aug 2026. Existing customers get this board rate — the live FD Plus promo below is new-to-bank only. ★★★★★★★★★★Details & reviews › | 1–12 Months | 2.20% | RM500 | 31 Dec 2026 | Apply | |
OCBC Fixed Deposit Standard retail rate — OCBC focuses on Premier Banking clients for higher rates ★★★★★★★★★★Details & reviews › | 12 Months | 2.10% | RM1,000 | 31 Dec 2026 | Apply | |
HSBC Time Deposit (13–60 months) Standard board rate (non-promotional) for 13–60 month tenures. Minimum RM1,000. ★★★★★★★★★★Details & reviews › | 24, 36, 60 Months | 2.05% | RM1,000 | 31 Dec 2026 | Apply | |
HSBC Time Deposit Board rates: 1.85% (1M) · 1.90% (2M) · 1.95% (3–5M) · 2.00% (6–12M). Min RM5,000 (1M), RM1,000 (2M+). No fresh-funds requirement. ★★★★★★★★★★Details & reviews › | 6, 12 Months | 2.00% | RM1,000 | 31 Dec 2026 | Apply | |
| Bank Islam Term Deposit-i (Tawarruq) Board rates: 1.80% (1M) · 1.95% (3M) · 2.00% (6–12M). Min RM1,000 (1M), RM500 (2M+). Islamic ★★★★★★★★★★Details & reviews › | 6, 12 Months | 2.00% | RM500 | 31 Dec 2026 | Apply |
Bank Muamalat Fixed Term Account-i (board rate) Board rates, effective 28 Jul 2025: 1.80% (1–2M) · 1.95% (3–5M) · 2.00% (6–12M) · 2.05% (18–24M) · 2.10% (36–60M). Min RM5,000 (1M), RM1,000 (2M+). Protected by PIDM up to RM250,000 per depositor. The Elevate Campaign (1 Aug–31 Dec 2026) pays up to 3.83% on a fresh-funds placement — see the bank-muamalat-fta-i-elevate entry below. Islamic ★★★★★★★★★★Details & reviews › | 12 Months | 2.00% | RM1,000 | 31 Dec 2026 | Apply |
Fixed deposit rates by bank
Fixed Deposit Rates Malaysia 2026 — Complete Guide
What is a Fixed Deposit?
A fixed deposit (FD) or term deposit is where you lock a lump sum with a bank for a fixed period at a guaranteed interest rate. In Malaysia, tenors range from 1 month to 60 months.
Islamic FD vs Conventional
Islamic FDs (General Investment Account / GIA-i) operate under Shariah law using the Mudharabah or Wakalah concept. Profit rates are comparable to conventional FD rates.
Promotional vs Standard Rates
Banks run promotions (especially around Raya, CNY, Merdeka) with rates 0.5–1% higher than standard. These are often online-only and require new funds.
Is my FD safe?
Yes. All licensed banks in Malaysia are covered by PIDM (Perbadanan Insurans Deposit Malaysia) which protects deposits up to RM250,000 per depositor per bank.
Need flexibility instead of a lock-in? Compare e-wallet & digital bank rates (TNG GO+, GXBank, KDI Save) — they earn daily and let you withdraw anytime.
FD Savers Community 💬
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Fixed Deposit FAQ
The highest FD rate available today is shown in the green "Best Rate Today" banner and at the top of the comparison above — it's updated daily. The leading rate is usually a promotional, often online-only campaign from banks like Public Bank, CIMB, Maybank, HSBC or Alliance, and may require fresh funds and a specific tenure.
As of 7 Sep 2026, 2:39 PM MYT, it's Alliance Bank's Sri Petaling branch promo at 4.38% (see "Recent fixed deposit rate changes" above) — but that one needs a branch visit and a new-to-bank account. For something you can open online instead, HSBC Premier offers 4.28% (needs RM50,000 fresh funds + Premier status), or Hong Leong's tactical eFD at 3.70% (6-month, no relationship requirement, to 2 Sep 2026).
Banks run promotional FD campaigns throughout the year — especially around Chinese New Year, Hari Raya and Merdeka — with rates typically 0.3%–1% above standard board rates. Use the filters above to see current promotions by bank, tenure and minimum deposit; promo rates change often, so check before you lock in.
FD interest = principal × annual rate × (tenure in months ÷ 12). For example, RM10,000 at 3.80% p.a. for 12 months earns about RM380; for 6 months it's roughly RM190. Interest is usually paid at maturity, and a promotional rate applies only to its promo tenure.
It varies by bank and campaign — standard fixed deposits often start from RM1,000, while promotional rates may need RM5,000–RM10,000 or more in fresh funds. The minimum for each offer is listed in the comparison above.
Yes, but early (premature) withdrawal usually means losing some or all of the interest for that period — many banks pay no interest if you break the FD before the term ends, though some allow partial withdrawal in blocks. Your principal is always returned. Check the bank's terms before committing.
Compare across banks rather than just your own, watch for promotional and online-only campaigns, and be ready to move fresh funds since promos often require new money. Splitting across tenures or banks can also help. The comparison above ranks every current rate so you can find the best for your amount and tenure.
Some banks run special fixed deposit campaigns for senior citizens (usually aged 50 or 55 and above) with a small rate premium or a lower minimum deposit. These come and go, so check the comparison above and the bank's current promotions — a general promotional FD is sometimes still the highest overall.
For locked savings, the bank with the highest interest rate is whichever is running the strongest FD promotion — the live leader is shown in the comparison above and changes month to month (recently banks like Alliance, UOB, MBSB, Public Bank and CIMB have topped the table). For flexible savings, high-yield savings accounts and digital banks can beat standard board rates — compare those on our savings account page.
Latest analysis
Recent Rates.my reporting on this topic.
Thursday is the busiest day — new petrol prices, US inflation data and 19 stocks go ex-dividend.
Seventh hold in a row. Board FD rates sit below the OPR — a few promos still clear it.
Thursday is the pivot: Bank Negara's rate call and the new petrol price, same day.
3.45% needs RM2 million in assets. 3.30% needs nothing but an app and RM5,000.
12 federal holidays, 15 days, 34 state dates — and six of them land on a weekend.
Wednesday is the day: petrol prices and US GDP/PCE. Thursday brings Bursa's busiest ex-dividend day.
Wednesday is the pivot: petrol prices reset, and a 3.60% FD promo closes for good.
Wednesday is the day: petrol prices and US inflation. Friday brings Q2 GDP.