HSBC Fixed Deposit Rate
HSBC Premier TD Promotion · Min RM50,000 · Ends 30 April 2026
HSBC Malaysia is a leading international bank offering premium fixed deposit rates through its HSBC Premier tier. The Premier TD promotion offers up to 4.28% p.a. for 6 months, tying with Standard Chartered as the highest FD rate in Malaysia for April 2026.
Official HSBC Time Deposit Page
| Tenure | Interest Rate (p.a.) | Min Deposit |
|---|---|---|
| 6 Months | 4.28% | RM50,000 |
| 3 Months | 4.00% | RM50,000 |
| 12 Months | 3.80% | RM50,000 |
| Tenure | Interest Rate (p.a.) |
|---|---|
| 1 Month | 1.70% |
| 3 Months | 1.80% |
| 6 Months | 1.90% |
| 12 Months | 2.00% |
Place an HSBC Premier Time Deposit
- Log in to HSBC Online Banking or the HSBC Malaysia app
- Navigate to Accounts → Time Deposit section
- Select your preferred tenure and deposit amount (min RM50,000)
- Ensure you qualify for HSBC Premier (Total Relationship Balance of RM200,000+)
- Confirm the placement — deposit activated upon fund clearance
Note: HSBC Premier requires a Total Relationship Balance (TRB) of RM200,000. Non-Premier customers receive standard board rates.
PIDM Protection
Protected up to RM250,000 per depositor per member bank under PIDM.
Premier Tier Requirement
The 4.28% rate is exclusively for HSBC Premier clients. You need a Total Relationship Balance of RM200,000 or more to qualify for Premier status.
Tax-Exempt
FD interest for individual Malaysian tax residents is fully tax-exempt under current tax regulations.
Early Withdrawal
Premature withdrawal forfeits all accrued interest. Only commit funds you won’t need before maturity.
How Does HSBC Compare?
HSBC Premier’s 4.28% ties with Standard Chartered Priority Banking as the top FD rate in Malaysia. However, both require premium banking tiers and larger minimum deposits. For retail customers without Premier status, banks like AmBank (3.68%), CIMB (3.60%), and Maybank (3.55%) offer more accessible options with lower minimums starting from RM1,000.