Standard Chartered Fixed Deposit Rate
Priority Banking Wealth $aver-I · Min RM50,000–RM100,000 · Ends 30 April 2026
Standard Chartered Bank Malaysia offers some of the highest FD rates in the market, particularly through its Priority Banking tier. The Wealth $aver-I account leads at 4.28% p.a. for 6 months with RM100,000 minimum, while the retail E-FD Raya campaign offers 3.65% p.a. for 12 months at RM50,000 minimum.
Official SC Festive FD Promo Page
| Tenure | Profit Rate (p.a.) | Min Deposit |
|---|---|---|
| 6 Months | 4.28% | RM100,000 |
| 3 Months | 4.00% | RM100,000 |
| 12 Months | 3.90% | RM100,000 |
| Tenure | Interest Rate (p.a.) | Min Deposit |
|---|---|---|
| 12 Months | 3.65% | RM50,000 |
| 6 Months | 3.55% | RM50,000 |
| Tenure | Interest Rate (p.a.) |
|---|---|
| 1 Month | 1.70% |
| 3 Months | 1.80% |
| 6 Months | 1.90% |
| 12 Months | 1.95% |
Place a Standard Chartered FD Online
- Log in to SC Online Banking or the SC Mobile app
- Navigate to Deposits → Fixed Deposit / Term Deposit section
- Select your preferred tenure and amount
- For Priority Banking rates, ensure your account qualifies (min TRB of RM200,000)
- Confirm the placement — deposit is activated instantly
Note: Priority Banking rates require Total Relationship Balance (TRB) of RM200,000+. Retail rates require min RM50,000.
PIDM Protection
Protected up to RM250,000 per depositor. Conventional FD and Islamic TD-i are insured separately — up to RM500,000 total if you hold both.
Priority Banking Tier
The 4.28% rate is exclusive to Priority Banking clients with a Total Relationship Balance of RM200,000 or more. Retail clients get the E-FD campaign rates.
Tax-Exempt
FD interest for individual Malaysian tax residents is fully tax-exempt — both conventional and Islamic products.
Early Withdrawal
Premature withdrawal forfeits all accrued interest. Only lock in funds you won’t need before maturity.
How Does Standard Chartered Compare?
Standard Chartered’s Priority Banking rate of 4.28% ties with HSBC Premier as the highest FD rate in Malaysia. For retail customers, the 3.65% rate for 12 months at RM50,000 minimum is competitive but requires a higher deposit than AmBank (RM1,000) or CIMB (RM1,000). Best suited for larger deposits.