Maybank FD Promotion 2026: The 3.65% eIFD-i Deal Closed Early, 15 Days Before Its Deadline

Maybank's eIFD-i Merdeka campaign paid up to 3.65% p.a. — more than 1.9 times its board rate. It was meant to run until 31 August 2026. Instead, Maybank closed it on 16 August, citing overwhelming demand. New applicants can no longer place at the promo rate — here's what's left.

Closed 15 days ahead of schedule

• Only Maybank/Maybank Islamic customers could apply — the FPX transfer had to come from another bank.
• Minimum placement was RM1,000, online only through Maybank2u — no over-the-counter option existed for this campaign.
• Maybank's own wording is "overwhelming demand" — the stated reason for ending the offer ahead of schedule.

Board rate is the fallback now

• Five board-rate tiers run from 1 month to 5 years — none come close to the closed promo.
• Existing Maybank customers can still open a plain FD — just not at the eIFD-i promo's now-closed rate.

Still-open FD promos elsewhere

Sorted roughly by rate. Figures from Rates.my's own coverage of each bank's live promo as at 17 August 2026 — tap a bank for its full terms.

See Maybank's full FD rate table on Rates.my, or check where any of these land in our own FD Rate Index.

What to watch

• 19 Aug 2026Hong Leong's own eFD/eFD-i cycle closes next — two days after this article's publish date.
• No date yetMaybank has not announced a successor campaign — this piece will be updated if one launches.
• Before you placeConfirm current terms directly with Maybank — promo rates and campaign windows can change or close without notice, as this one just did.

Sources & further reading

• Maybank — eIFD-i Merdeka campaign page (closure notice, original terms)
• Maybank — Fixed Deposit Account Rates (board rate table, effective 21 Jul 2026)
• Rates.my — Maybank Fixed Deposit Rates & Promotions
• Rates.my — Hong Leong FD Promotion 2026, closing 19 August
• Rates.my — the Malaysia FD Rate Index, August 2026