Best Fixed Deposit Rates in Malaysia
🇲🇾 Baca dalam Bahasa Malaysia →Compare FD rates from Malaysia's top banks and find the highest interest rate for your tenor and amount.
Sourced from banks' official rate pages · indicative, verify before you transact · How we verify rates →
| Bank | Campaign | Tenure | Rate p.a. | Min Dep. | Valid Until | |
|---|---|---|---|---|---|---|
🏆 | Sri Petaling Branch Opening TD-i Sri Petaling branch only — new-to-bank or new CASA-i required PromoIslamicNew $ | 6 Months | 4.38% | RM10,000 | 31 Oct 2026 | Apply |
UOB FD Plus (Wealth / Privilege Banking) New-to-bank UOB Wealth/Privilege Banking customers only · min RM100,000 fresh funds PromoNew $ | 6 Months | 4.30% | RM100,000 | 30 Jun 2026 | Apply | |
Bukit Mertajam Branch Opening FD Bukit Mertajam branch only — new CASA required PromoNew $ | 6 Months | 4.08% | RM10,000 | 30 Jun 2026 | Apply | |
Alliance Privilege Term Deposit-i Alliance Privilege banking tier customers only PromoIslamicNew $ | 6 Months | 3.85% | RM10,000 | 30 Jun 2026 | Apply | |
MBSB Term Deposit-i MBSB Q2 2026 Term Deposit-i promo — 3.75% (12M), effective 19 May 2026. Verify current campaign on renewal. PromoIslamic | 6, 12 Months | 3.75% | RM1,000 | 31 Dec 2026 | Apply | |
AmBank AmOnline eFD Reward code required on AmOnline to unlock promo rate PromoOnlineNew $ | 12 Months | 3.65% | RM1,000 | 30 Jun 2026 | Apply | |
HLB eFD Month-Long Promo Monthly rolling promo — 3.55% (6M), 3.65% (12M). Check hlb.com.my for current cycle. PromoOnline | 6, 12 Months | 3.65% | RM500 | 30 Jun 2026 | Apply | |
Public Bank eFD via FPX (Campaign 10) 3.55% (6M) · 3.60% (12M) — via FPX/PBe/MyPB App, fresh funds only PromoOnlineNew $ | 6, 12 Months | 3.60% | RM5,000 | 30 Jun 2026 | Apply | |
SC Fixed Deposit Promo Standard promo without CASA bundle — fresh funds within 30 days PromoNew $ | 12 Months | 3.60% | RM50,000 | 30 Jun 2026 | Apply | |
RHB e-Fixed Deposit PromoOnline | 6, 12 Months | 3.55% | RM1,000 | 31 Aug 2026 | Apply | |
Maybank e-FD / eFD-i Islamic variant (eFD-i) also available via Maybank2u PromoOnline | 6, 12 Months | 3.55% | RM1,000 | 31 Aug 2026 | Apply | |
GXBank Bonus Pocket Digital bank — 3.18% (3M) · 3.55% (6M). Bonus interest forfeited on early withdrawal. App-only. Max RM50,000. Online | 3, 6 Months | 3.55% | RM1 | 31 Dec 2026 | Apply | |
CIMB e-Fixed Deposit PromoOnline | 6, 12 Months | 3.50% | RM1,000 | 30 Sep 2026 | Apply | |
Agrobank Term Deposit-i (FRIA-i) Islamic | 12 Months | 2.50% | RM500 | 31 Dec 2026 | Apply | |
BSN Fixed Deposit Lowest minimum deposit — RM500 only | 12 Months | 2.45% | RM500 | 31 Dec 2026 | Apply | |
| Bank Rakyat Term Deposit-i Islamic | 6, 12 Months | 2.40% | RM1,000 | 31 Dec 2026 | Apply |
Bank Muamalat Term Deposit-i Islamic | 12 Months | 2.25% | RM1,000 | 31 Dec 2026 | Apply | |
OCBC Fixed Deposit Standard retail rate — OCBC focuses on Premier Banking clients for higher rates | 12 Months | 2.10% | RM1,000 | 31 Dec 2026 | Apply | |
| Bank Islam Term Deposit-i (Tawarruq) Islamic | 6, 12 Months | 2.00% | RM1,000 | 31 Dec 2026 | Apply |
Fixed Deposit Rates Malaysia 2026 — Complete Guide
What is a Fixed Deposit?
A fixed deposit (FD) or term deposit is where you lock a lump sum with a bank for a fixed period at a guaranteed interest rate. In Malaysia, tenors range from 1 month to 60 months.
Islamic FD vs Conventional
Islamic FDs (General Investment Account / GIA-i) operate under Shariah law using the Mudharabah or Wakalah concept. Profit rates are comparable to conventional FD rates.
Promotional vs Standard Rates
Banks run promotions (especially around Raya, CNY, Merdeka) with rates 0.5–1% higher than standard. These are often online-only and require new funds.
Is my FD safe?
Yes. All licensed banks in Malaysia are covered by PIDM (Perbadanan Insurans Deposit Malaysia) which protects deposits up to RM250,000 per depositor per bank.
Need flexibility instead of a lock-in? Compare e-wallet & digital bank rates (TNG GO+, GXBank, KDI Save) — they earn daily and let you withdraw anytime.
Fixed Deposit FAQ
The highest FD rate available today is shown in the green "Best Rate Today" banner and at the top of the comparison above — it's updated daily. The leading rate is usually a promotional, often online-only campaign from banks like Public Bank, CIMB, Maybank, HSBC or Alliance, and may require fresh funds and a specific tenure.
Banks run promotional FD campaigns throughout the year — especially around Chinese New Year, Hari Raya and Merdeka — with rates typically 0.3%–1% above standard board rates. Use the filters above to see current promotions by bank, tenure and minimum deposit; promo rates change often, so check before you lock in.
FD interest = principal × annual rate × (tenure in months ÷ 12). For example, RM10,000 at 3.80% p.a. for 12 months earns about RM380; for 6 months it's roughly RM190. Interest is usually paid at maturity, and a promotional rate applies only to its promo tenure.
It varies by bank and campaign — standard fixed deposits often start from RM1,000, while promotional rates may need RM5,000–RM10,000 or more in fresh funds. The minimum for each offer is listed in the comparison above.
Yes, but early (premature) withdrawal usually means losing some or all of the interest for that period — many banks pay no interest if you break the FD before the term ends, though some allow partial withdrawal in blocks. Your principal is always returned. Check the bank's terms before committing.
Compare across banks rather than just your own, watch for promotional and online-only campaigns, and be ready to move fresh funds since promos often require new money. Splitting across tenures or banks can also help. The comparison above ranks every current rate so you can find the best for your amount and tenure.
Some banks run special fixed deposit campaigns for senior citizens (usually aged 50 or 55 and above) with a small rate premium or a lower minimum deposit. These come and go, so check the comparison above and the bank's current promotions — a general promotional FD is sometimes still the highest overall.