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Fixed Deposit

Rate raised mid-campaign

Public Islamic Bank's FD-i Promotion 2026: Rate Revised to 3.90% Mid-Campaign

RaymondRates.my3 min read

Public Islamic Bank (PIBB), the Islamic banking arm of Public Bank, quietly raised the rates on its Q4 2026 fixed deposit promotion three weeks into the campaign. The 12-month rate jumped on 26 October — and it now pays more than Public Bank's own conventional eFD.

Public Bank Islamic Fixed Deposit Promotion 2026: The New Rates

PIBB'S Q4 CAMPAIGN, BEFORE vs AFTER 26 OCT — ONE SHARED SCALE1–25 Oct rate vs 26 Oct–31 Dec 2026 rate6-montheTD-i / TD-i PlusBefore3.60%After3.80%7-monthbranch onlyBefore3.60%After3.85%12-montheTD-i / TD-i PlusBefore3.70%After3.90%Source: Public Islamic Bank's eTD-i Plus / TD-i Plus / 7–13-month campaign T&C PDFs, Version 2 (26 Oct 2026).
PIBB's own T&C PDFs were reissued as 'Version 2, updated as at 26/10/2026' with no change to the 1 October–31 December 2026 campaign window — only the rate table moved.
  • Minimum RM5,000 per placement, no maximum — via FPX transfer or any PIBB branch.
  • Branch placements need fresh funds — moved in within 7 days of landing in your account.
  • Online and branch versions pay the same revised rates — pick whichever is easier.

Public Islamic Bank Term Deposit-i: The Full Rate Table

TenureRate (p.a.)Channel
3 months3.40%Online (FPX) / branch
13 months3.65%Branch only
15 months3.70%Online (FPX) / branch
18 months3.00%Online (FPX) / branch
24 months3.00%Online (FPX) / branch
The rest of PIBB's Q4 lineup — these tenures were named in the bank's own revision notice as unchanged, and still read the same on re-fetch.
  • The 12-month rate now beats Public Bank's own conventional eFD by 0.20 points — Islamic pays more.
  • Campaign runs to 31 December 2026, PIDM-protected up to RM250,000 per depositor.
A calculator resting on financial statements
On a RM10,000, 12-month placement: RM370 in profit before 26 October, RM390 after, on PIBB's own published rates. · Photo: Unsplash

What to watch

  • 31 Dec 2026This campaign window closes — no word yet on a Q1 2027 successor.
  • Your maturity dateThe placement auto-renews at PIBB's prevailing board profit rate, well below the campaign rate, unless you withdraw or re-place it.
Not financial advice. This is general information based on Public Islamic Bank Berhad's own eTerm Deposit-i Plus, Term Deposit-i Plus and 7–13-month campaign terms and conditions, all reissued as "Version 2, updated as at 26/10/2026" and verified directly from those PDFs on 29 October 2026. It is not a recommendation to open any account. Confirm current terms with PIBB before applying; campaign rates and eligibility can change.

Sources & further reading

Ready to act on this?

See Public Bank's full FD rate table

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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.

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