ALB
Alliance Bank

Alliance Bank Fixed Deposit Rates

4.38%
best rate p.a.
5.0(2 reviews)Conventional FD

Last updated 20 Aug 2026, 1:58 PM MYT · Reviewed by Raymond, Rates.my

Best rate
4.38%
per annum
Campaigns
3
FD products
Min deposit from
RM10,000
Tenures
6M

Alliance Bank fixed deposit overview

Alliance Bank is a commercial bank in Malaysia. Its best fixed deposit rate listed here is 4.38% p.a. on the Sri Petaling Branch Opening TD-i, with placements from RM10,000. Across 3 campaigns the available tenures are 6M. Some of these rates are promotional and time-limited — check the validity date and eligibility before placing your funds. Compare each Alliance Bank FD campaign below, see what you'll need to open one, and read reviews from other depositors.

Alliance Bank FD campaigns & rates

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.
PromoIslamicFresh funds
4.38%
6 Months
Min deposit
RM10,000
Tenure
6 Months
Valid until
31 Oct 2026
Apply at Alliance Bank
Bangsar Branch FD Campaign
Bangsar branch only, over the counter — New-to-Bank or New-to-CASA individuals. Fresh funds (transferred in ≤7 days before placement). Max RM500,000 per customer; campaign 8 Jun–31 Aug 2026 or until the RM50m pool is taken up.
PromoFresh funds
4.08%
6 Months
Min deposit
RM10,000
Tenure
6 Months
Valid until
31 Aug 2026
Apply at Alliance Bank
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
3.85%
6 Months
Min deposit
RM10,000
Tenure
6 Months
Valid until
30 Sep 2026
Apply at Alliance Bank

Alliance Bank standard FD board rates

Standard (non-promotional) fixed deposit rates by tenure — effective 15 Jul 2025, from a minimum placement of RM500.

TenureRate p.a.
1 month2.10%
2 months2.20%
3 months2.30%
4–5 months2.35%
6–11 months2.40%
12–24 months2.45%
Above 24 monthsNegotiable

Source: Alliance Bank official rates. Board rates can change without notice — verify before placing. A promotional FD reverts to these rates after its campaign cycle.

Opening a Alliance Bank fixed deposit

🪪
Identification
Your MyKad (IC) if you're Malaysian, or passport for non-residents.
💵
Minimum deposit
From RM10,000 — varies by campaign.
Fresh funds required
The promotional rates need fresh funds — money new to Alliance Bank, not transferred from an existing Alliance Bank account.
🏢
Where to open
At any Alliance Bank branch — bring your IC and the funds.

Breaking a fixed deposit before maturity usually forfeits some or all of the interest — confirm the terms with Alliance Bank before you commit.

Alliance Bank bundled FD promotions — and what they actually require

These are the headline rates Alliance Bank advertises. They are not plain fixed deposits: each one needs a linked insurance or investment purchase, and the high rate usually runs for only a short tenure — so the return across your whole outlay is far lower than the number suggests. Listed here so you can see the condition before the rate.

Bancassurance + FD Campaign

Valid until 30 Sep 2026

The catch: Requires an insurance policy with a qualifying annualised premium; the FD placement is capped at that premium.

Who qualifiesRate p.a.TenureMin placement
RM25,000 annualised premium4.50%3 moRM1,000
RM50,000 annualised premium5.50%6 moRM1,000

BancaTakaful + Term Deposit-i

Valid until 30 Sep 2026

The catch: Requires a family takaful certificate with a qualifying contribution; Shariah-compliant equivalent of the above.

Who qualifiesRate p.a.TenureMin placement
RM25,000 contribution5.00%3 moRM1,000
RM50,000 contribution6.00%6 moRM1,000

Verified against Alliance Bank's own campaign pages and terms. A short high-rate tenure on part of your money is not the same as earning that rate on all of it — work out the blended return before committing.

Alliance Bank fixed deposit FAQ

Alliance Bank's highest fixed deposit rate listed here is 4.38% p.a. on the Sri Petaling Branch Opening TD-i, for a 6 Months tenure. Rates are indicative — confirm the current rate on the Alliance Bank website before applying.

The minimum placement starts from RM10,000.

Yes — Alliance Bank offers a Term Deposit-i, the Shariah-compliant (non-interest, profit-sharing) equivalent of a conventional fixed deposit.

Your IC (MyKad) or passport, and the deposit amount. Alliance Bank FDs are typically opened at a branch. Promotional rates usually require fresh funds (money new to the bank).

The Sri Petaling Branch Opening TD-i promotional rate is valid until 31 Oct 2026 (indicative). Promotional campaigns can change or be withdrawn — always confirm the current offer and terms with Alliance Bank.

Outside promotions, Alliance Bank's standard FD board rates (effective 15 Jul 2025) are: 2.10% p.a. for 1 month; 2.20% p.a. for 2 months; 2.30% p.a. for 3 months; 2.35% p.a. for 4–5 months; 2.40% p.a. for 6–11 months; 2.45% p.a. for 12–24 months; Negotiable for Above 24 months. Board rates apply to standard placements and to promotional FDs once the promo cycle ends, from a minimum placement of RM500. Confirm the current rate with Alliance Bank before placing.

Rates, tenures and promotions are indicative and time-limited — always confirm current terms with Alliance Bank before placing a deposit. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Alliance Bank; the bank's name and logo belong to their respective owners. Spotted an error, or need a correction or takedown? Contact Raymond at raymond@rates.my.

💬 Discussion (2)

Live · last activity 08 Jul 2026

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Online reviewer·08 Jul 2026
New to bank only
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Ray·02 Jul 2026
Steady

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