A businessman in a suit buttoning his jacket on an office staircase
Fixed Deposit

4.08%, no wealth tier

Alliance Bank's Sri Petaling FD Promo Is Back at 4.08% - No Wealth Tier Needed This Time

RaymondRates.my2 min read

Alliance Bank’s Sri Petaling branch had an FD promo running since April — and it just changed shape. The 4.38% Term Deposit-i that needed a Privilege or Personal relationship ended 31 October. From 1 November, the same branch sells a plain Fixed Deposit at 4.08% p.a., open to any new customer.

4.08%
New Sri Petaling FD rate
6 months, flat for everyone
+1.68pp
Above the board rate
vs Alliance's 2.40% standard rate
31 Dec 2026
New deadline
or RM200m threshold, whichever first

A different product, not just a new rate

ALLIANCE'S SRI PETALING BRANCH PROMO — A DIFFERENT PRODUCT, NOT JUST A NEW RATEBefore 1 Nov20 Apr – 31 Oct 2026ProductTerm Deposit-iRate3.98% / 4.38%NeedsPrivilege tierNow1 Nov – 31 Dec 2026ProductFixed DepositRate4.08% flatNeedsNothing extraSource: alliancebank.com.my/promotions, fetched 6 Nov 2026.
The branch's campaign page didn't just move its deadline — the product itself changed.
  • 4.08% p.a. for 6 months — open to any new customer, no Privilege or Personal tier required this time.
  • A conventional FD, not Islamic — the old cycle’s Term Deposit-i and its 3.98%/4.38% tiers are gone.
  • Still over the counter only, Sri Petaling branch, RM10,000 to RM500,000, fresh funds within 7 days.
A customer tapping a payment card at a counter terminal
Eligibility hasn't changed: a new CASA at the Sri Petaling branch and fresh funds, not money moved from an existing Alliance account. · Photo: Unsplash

4.08% vs Alliance’s own board rate

  • 4.08% beats the 2.40% board rate for the same tenure by 1.68 percentage points.
  • The deal ends 31 December 2026, or once the branch’s RM200 million threshold is hit — whichever comes first.

See Alliance Bank’s full FD rate table, or compare every live promo on Rates.my’s FD hub. We first covered this branch’s campaign, alongside Alliance’s other FD deals, in Alliance Bank FD Promotion 2026, now updated to point here.

What to watch

  • 31 Dec 2026The campaign’s scheduled end, unless Alliance extends it again.
  • RM200 millionThe branch-wide threshold that can close the offer earlier than that date.
  • Your maturity dateThe FD renews at Alliance’s 2.40% board rate, not the 4.08% promo rate.
Not financial advice. This is general information based on Alliance Bank Malaysia Berhad’s own published campaign page and terms and conditions, fetched live on 6 November 2026. It is not a recommendation to open, place or apply for any account, and Rates.my does not issue rate forecasts. Confirm current terms with the bank before applying — campaign rates, branches and eligibility can change or end early.

Sources & further reading

Keep reading

💬 Market Chat

Join the discussion — share your take on this with other Rates.my readers.

💬 Discussion

Your rating:
(optional)
Loading discussion…

This article is general information, not personalised financial advice. Rates.my is not a licensed financial adviser — always verify rates with the institution and consider your own circumstances.

← All insights