Hong Leong FD Promotion 2026: Rate Cut to 3.88% Before the October Campaign Even Ends

Hong Leong Bank is cutting the rate on its own October eFD/eFD-i promo before the campaign itself even ends. The 6-month tier drops from 10 October — two days before the whole cycle closes on 12 October.

One tenure cut, four left alone

• Only the 6-month tier is being revised — 3, 12, 13 and 24 months stay at their original October rates.
• The 6-month slot keeps its top spot on this board even after the cut — no other tenure pays more.
• Hong Leong's own footnote blames its discretion or an OPR move — Bank Negara's policy rate hasn't changed this cycle.

What's left to act on

• Placing before the cutoff locks in the higher rate; placing after locks in the revised one instead.
• The whole cycle still shuts on schedule, regardless of tenure — no stated successor yet.

See Hong Leong's full FD rate table on Rates.my, or how this cycle compares in our FD Rate Index.

What to watch

• 10 Oct 2026The 6-month eFD/eFD-i rate drops from 4.05% to 3.88% p.a.
• 12 Oct 2026The whole October cycle closes — no successor announced yet.
• At maturityThe FD auto-renews at Hong Leong's prevailing board rate, not the promo one, unless you re-place it.

Sources & further reading

• Hong Leong Bank — eFD/eFD-i Month-Long Promotion (rates, campaign period, rate-cut notice)
• Hong Leong Islamic Bank — eFD-i Month-Long Promotion (same rates, Islamic product)
• Rates.my — Hong Leong Fixed Deposit Rates & Promotions
• Rates.my — the August 2026 cycle of this same campaign
• Rates.my — Malaysia FD Rate Index, where this cycle ranks