RHB FD Promotion 2026: 3.70%–3.80% on 7 & 9 Months, Double the Board Rate — But Read the Channel Rules

RHB just launched a one-month Fixed Deposit campaign paying 3.70% p.a. on 7 months and 3.80% on 9 months — open to every RHB customer, no Premier tier required. The catch sits in the fine print: how you fund the placement decides whether you actually get the promo rate.

Double the board rate — and open to anyone

• No Premier, no wealth tier — every RHB customer qualifies, unlike HSBC's or OCBC's FD promos this year.
• One-month window: 31 July to 31 August 2026, or until RHB's campaign target is hit first.
• A Bank Negara rate move could shrink it — RHB reserves the right to revise the rate mid-campaign.

The real catch: which channel you use

• Branch placements need brand-new money — funds already sitting in an RHB CASA/-i don't qualify.
• The e-FD channel is more forgiving — RHB Online Banking accepts an existing account transfer too.
• Break it early and you earn zero — no partial withdrawal, and premature upliftment pays no interest.

Promo rate, board rate, side by side

See RHB's full FD rate table on Rates.my, or read how the same "read the actual T&C, not the marketing page" approach played out in our credit card fine-print piece.

What to watch

• 31 Aug 2026The 7 & 9 month campaign ends — or sooner if RHB hits its funding target first.
• Your maturity dateThe FD auto-renews at RHB's prevailing board rate, not the promo one — mark your calendar.
• Before you placeConfirm your funds count as "new" for OTC, or use the e-FD channel instead — it's less strict.

Sources & further reading

• RHB Bank — official announcement, launch of 7 & 9 Months FD/e-FD Campaign (31 Jul 2026)
• RHB Bank — Fixed Deposit campaign page
• RHB Bank — savings & fixed deposit board rate table
• RHB Bank — Ordinary Fixed Deposit product page
• Rates.my — RHB Fixed Deposit Rates & Promotions
• Rates.my — HSBC FD Promotion 2026, the same headline-vs-catch pattern