HSBC
HSBC Malaysia

HSBC Malaysia Fixed Deposit Rates

4.28%
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
4.28%
per annum
Campaigns
3
FD products
Min deposit from
RM1,000
Tenures
6M, 12M, 24M, 36M, 60M

HSBC Malaysia fixed deposit overview

HSBC Malaysia is a commercial bank in Malaysia. Its best fixed deposit rate listed here is 4.28% p.a. on the HSBC Premier Time Deposit (Q3 2026), with placements from RM1,000. Across 3 campaigns the available tenures are 6M, 12M, 24M, 36M, 60M. Some of these rates are promotional and time-limited — check the validity date and eligibility before placing your funds. Compare each HSBC Malaysia FD campaign below, see what you'll need to open one, and read reviews from other depositors.

HSBC Malaysia FD campaigns & rates

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.
PromoFresh funds
4.28%
6 Months
Min deposit
RM50,000
Tenure
6 Months
Valid until
30 Sep 2026
Apply at HSBC Malaysia
HSBC Time Deposit (13–60 months)
Standard board rate (non-promotional) for 13–60 month tenures. Minimum RM1,000.
2.05%
24, 36, 60 Months
Min deposit
RM1,000
Tenure
24, 36, 60 Months
Valid until
31 Dec 2026
Apply at HSBC Malaysia
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.
2.00%
6, 12 Months
Min deposit
RM1,000
Tenure
6, 12 Months
Valid until
31 Dec 2026
Apply at HSBC Malaysia

HSBC Malaysia standard FD board rates

Standard (non-promotional) fixed deposit rates by tenure — effective 8 Jun 2026, from a minimum placement of RM1,000.

TenureRate p.a.
1 month1.85%
2 months1.90%
3–5 months1.95%
6–12 months2.00%
13–60 months2.05%

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

Opening a HSBC Malaysia fixed deposit

🪪
Identification
Your MyKad (IC) if you're Malaysian, or passport for non-residents.
💵
Minimum deposit
From RM1,000 — varies by campaign.
Fresh funds required
The promotional rates need fresh funds — money new to HSBC Malaysia, not transferred from an existing HSBC Malaysia account.
🏢
Where to open
At any HSBC Malaysia 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 HSBC Malaysia before you commit.

HSBC Malaysia bundled FD promotions — and what they actually require

These are the headline rates HSBC Malaysia 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.

Wealth Bundle Time Deposit

Valid until 30 Sep 2026

The catch: Requires a qualifying wealth (investment) purchase alongside the placement, at a branch, with fresh funds.

Who qualifiesRate p.a.TenureMin placement
New to Wealth7.88%3 moRM50,000
New to Wealth (USD)8.08%3 moUSD10,000
Existing Wealth customer5.88%3 moRM50,000
Existing Wealth customer (USD)6.08%3 moUSD10,000

Bancassurance Bundle Time Deposit

Valid until 30 Sep 2026

The catch: Requires buying a qualifying insurance policy alongside the placement, at a branch, with fresh funds.

Who qualifiesRate p.a.TenureMin placement
New customer9.88%3 moRM20,000
New customer (USD)10.08%3 moUSD20,000
Existing customer8.88%3 moRM20,000
Existing customer (USD)9.08%3 moUSD20,000

Verified against HSBC Malaysia'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.

HSBC Malaysia fixed deposit FAQ

HSBC Malaysia's highest fixed deposit rate listed here is 4.28% p.a. on the HSBC Premier Time Deposit (Q3 2026), for a 6 Months tenure. Rates are indicative — confirm the current rate on the HSBC Malaysia website before applying.

The minimum placement starts from RM1,000. Some campaigns require up to RM50,000.

The HSBC Malaysia fixed deposits listed here are conventional. Check with the bank directly for any Islamic Term Deposit-i options.

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

The HSBC Premier Time Deposit (Q3 2026) promotional rate is valid until 30 Sep 2026 (indicative). Promotional campaigns can change or be withdrawn — always confirm the current offer and terms with HSBC Malaysia.

Outside promotions, HSBC Malaysia's standard FD board rates (effective 8 Jun 2026) are: 1.85% p.a. for 1 month; 1.90% p.a. for 2 months; 1.95% p.a. for 3–5 months; 2.00% p.a. for 6–12 months; 2.05% p.a. for 13–60 months. Board rates apply to standard placements and to promotional FDs once the promo cycle ends, from a minimum placement of RM1,000. Confirm the current rate with HSBC Malaysia before placing.

Rates, tenures and promotions are indicative and time-limited — always confirm current terms with HSBC Malaysia before placing a deposit. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by HSBC Malaysia; 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 (5)

Live · last activity 3w ago

Your rating:
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H
HSBC curious guy·3w ago
How's hsbc service here
O
Online Reader·21 Jul 2026
Love the HSBC fixed deposit rates here, 4.28% fd rate is quite high for 2026 Thanks rates.my for sharing this simplified data every day, i can just forward this to my friends now,
F
FD looker·16 Jul 2026
HSBC fixed deposit rate high and convenient to place. good experience
H
HSBC user·16 Jul 2026
Agreed that hsbc fd rate always the highest
Ray
Ray·15 Jul 2026
Solid rate above 4% here. Kudos to hsbc for always maintaining this rate promotion throughout the year! (for now)

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