PBB
Public Bank

Public Bank Fixed Deposit Rates

3.80%
best rate p.a.
5.0(3 reviews)Conventional FD

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

Best rate
3.80%
per annum
Campaigns
2
FD products
Min deposit from
RM5,000
Tenures
3M, 6M, 9M, 12M, 15M

Public Bank fixed deposit overview

Public Bank is a commercial bank in Malaysia. Its best fixed deposit rate listed here is 3.80% p.a. on the PB RCB Special Fixed Deposit / Term Deposit-i, with placements from RM5,000. Across 2 campaigns the available tenures are 3M, 6M, 9M, 12M, 15M. Some of these rates are promotional and time-limited — check the validity date and eligibility before placing your funds. Compare each Public Bank FD campaign below, see what you'll need to open one, and read reviews from other depositors.

Public Bank FD campaigns & rates

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.
PromoFresh funds
3.80%
3–15 Months
Min deposit
RM10,000
Tenure
3–15 Months
Valid until
30 Sep 2026
Apply at Public Bank
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.
PromoFresh funds
3.70%
3–15 Months
Min deposit
RM5,000
Tenure
3–15 Months
Valid until
30 Sep 2026
Apply at Public Bank

Public Bank standard FD board rates

Standard (non-promotional) fixed deposit rates by tenure — effective 1 Apr 2026, from a minimum placement of RM1,000.

TenureRate p.a.
1–3 months1.75%
4–6 months1.85%
7–12 months1.90%
13–60 monthsNegotiable

Source: Public 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 Public Bank fixed deposit

🪪
Identification
Your MyKad (IC) if you're Malaysian, or passport for non-residents.
💵
Minimum deposit
From RM5,000 — varies by campaign.
Fresh funds required
These rates need fresh funds — money new to Public Bank, not transferred from an existing Public Bank account.
🏢
Where to open
At any Public 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 Public Bank before you commit.

Public Bank fixed deposit FAQ

Public Bank's highest fixed deposit rate listed here is 3.80% p.a. on the PB RCB Special Fixed Deposit / Term Deposit-i, for a 3–15 Months tenure. Rates are indicative — confirm the current rate on the Public Bank website before applying.

The minimum placement starts from RM5,000. Some campaigns require up to RM10,000.

The Public Bank 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. Public Bank FDs are typically opened at a branch. Promotional rates usually require fresh funds (money new to the bank).

The PB RCB Special Fixed Deposit / Term Deposit-i promotional rate is valid until 30 Sep 2026 (indicative). Promotional campaigns can change or be withdrawn — always confirm the current offer and terms with Public Bank.

Outside promotions, Public Bank's standard FD board rates (effective 1 Apr 2026) are: 1.75% p.a. for 1–3 months; 1.85% p.a. for 4–6 months; 1.90% p.a. for 7–12 months; Negotiable 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 Public Bank before placing.

Rates, tenures and promotions are indicative and time-limited — always confirm current terms with Public Bank before placing a deposit. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Public 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 (3)

Live · last activity 13 Jul 2026

Your rating:
(optional)
M
Marian·13 Jul 2026
Public bank stable and good, can sleep peacefully
T
Tan·09 Jul 2026
Friendly staff over the counter, quite fast too
U
Uncle·26 Jun 2026
Good public bank rates , over the counter might be better too

Compare FD rates at other banks

Our reporting on Public Bank

Recent Rates.my reporting on this topic.