Besides the promotions listed above, you can also check out our fixed deposit rates page here (from all the banks in Malaysia) that is updated daily. Time deposit accounts have higher rates compared to regular savings accounts. Depending on your financial goals and how long you want to hold your money in the bank, you earn higher interest rates than the regular peso savings account. If you have more than enough savings and would like to explore time deposits, this is the perfect time to compare rates. At a glance, their minimum placement is P50,000. So you have an advantage if you place them under the time deposit account. How does this work? Click here to go to Maybank website for more details about the bundle deposit promotion Maybank has five types of time deposit accounts. Putting the same placement at Eastwest Bank with a term of 360 days, the interest rate as of 06 February 2020 is 1.500%. Sign up for our newsletter for financial tips, tricks and exclusive information that can be personalised to your preferences! If you put this in a regular savings account, you’ll just earn 0.25% interest rate per annum. Enjoy 1.45% p.a. Earn up to 3X interest on the first S$30,000 of your child's savings when you save in Youngstarz and iSAVvy Savings Account and spend on your Maybank Family and Friends Card. Use of this site constitutes acceptance of our Privacy Policy. Thinking of multiplying your hard-earned money for the long-term? For the 2-year term, the interest rate is 2.125%. Did they motivate you to save more and put your funds in a time deposit? Also, share it with your friends so they can start making some extra money too. Maybank Fixed Deposit Rates Minimum Amount For Deposit-i: = S$10,000 (12 months tenure) = S$25,000 (3 and 6 months tenure) Qualifying Criterias of Maybank Fixed Deposit-i Rates: * Individuals only * Fresh funds only. CODES (21 days ago) Maybank Fixed Deposit Promotion - Best Coupon Codes. If you put a P50,000 initial placement for a Regular or Peso Classic Time Deposit at Maybank, with a term of 91-359 days, the interest rate is 1.250%. If you have P50,000 and you would like to grow your money, the short-term 91-359 days term offers 1.250% promotional rate for the Classic Time Deposit. The campaign period is valid from 1 March 2019 to 15 March 2019 or upon reaching the campaign limit, whichever is earlier. Maybank time deposit rates are quite enticing and higher than other banks. Maybank Singapore Fixed Deposit Promotion. But for as low as P10,000, you can enjoy the same interest rate of 1.500% at Eastwest Bank. The minimum placement is P50,000, with an interest rate of 3.5% per annum. FIND OUT MORE Maybank Singapore Fixed Deposit Promotion. With minimum deposit of S$50,001 in 24-month Maybank iSAVvy Time Deposit. #StayAtHome & Enjoy with higher Maybank Islamic Fixed Deposit-i (eIFD-i) profit rate via FPX. Interest Rate: Refer below, Minimum Placement: S$1,000, Promotion Valid Until: Not stated. FPX is facilitated by Payment Network Malaysia Sdn. Individual, Joint Account Depositors and Sole Proprietorship, *Protected by PIDM up to RM250,000 for each depositor, Click here to view full Terms and Conditions, FPX is a secure and real time online payment method that facilitates interbank transfer of funds. with their latest time deposit rates from 18 July 2020 UPDATED 25 Aug 2020 19 Jul 2020 SGNewsMan Credit Cards, Prepaid Cards, Banks , Events Enjoy attractive interest rates (up to 2.05% p.a. Promotions | Maybank Malaysia. above one of the highest prevailing board rates in Singapore Minimum deposit of S$50,000 for at least 6 months, or S$25,000 for at least 12 months Discover APPLY NOW © 2021 Malayan Banking Berhad (Co.Reg.No. It also guarantees a fixed rate during the holding period with a minimum placement of P50,000. Rates are subject to change, so make sure to check the website for updated rates, or visit the nearest Maybank branch and find out more about how to get started. The Flexi Rate time deposit has available terms of 31 to 359 days. 0.10% p.a. Interest rates start from 4,25 percent per month. Achieve your Goal; Open an Account; Apply for Credit Cards; Get a Loan; Grow your Wealth COUPON (3 days ago) VOUCHER (15 days ago) maybank singapore fixed deposit promotion Provided by : allcoupons.org FREE Best Fixed Deposit Promotions in Singapore 2020 CODES (3 days ago) While it currently does not offer any promotional rates, Maybank Singapore Dollar Time Deposit … BDO still offers one of the lowest time deposit placements at P1,000. With the Maybank Classic Time Deposit, you can start an investment of P25,000 as the minimum initial placement. COUPON (3 days ago) VOUCHER (15 days ago) maybank singapore fixed deposit promotion Provided by : allcoupons.org FREE Best Fixed Deposit Promotions in Singapore 2020 CODES (3 days ago) While it currently does not offer any promotional rates, Maybank Singapore … CODES (29 days ago) Maybank Fixed Deposit Promotion - Best Coupon Codes. Maybank has five types of time deposit accounts. What is the minimum deposit of Maybank eFixed Deposit? 3 Top Ways To Plan Your Dream Wedding On a Budget, How To Open A Bank Account In The Philippines As a Student, 4 Top Tips For Freelancers: How To Survive In The Freelancing World, Best Travel Deals: 8 Clever Tips For Travel-Lovers In 2019, The Credit Card Substitutes Millennials Can Get Today. Maybank Family Plus is designed to reward the whole family. The last time Maybank had a fixed deposit rate promotion was in May 2020 . There are corresponding interest rates per amount of placement. Locate the nearest Maybank ATMs, Branches or Dining Treats. What do you think of the Maybank Time Deposit accounts? VOUCHER (1 days ago) Promo: eFixed Deposit-i Interest Rate: Up to 2.35% p.a. Further details can be viewed at www.paynet.my/. You can choose from either 31 days, 60-90 days, or 91-359 days. COUPON (3 days ago) VOUCHER (15 days ago) maybank singapore fixed deposit promotion Provided by : allcoupons.org FREE Best Fixed Deposit Promotions in Singapore 2020 CODES (3 days ago) While it currently does not offer any promotional rates, Maybank Singapore … Alternatively, higher fixed deposit interest rates are also available for foreign currencies (like USD). Most fixed deposit accounts in Malaysia are also regulated by Perbadanan Insurans Deposit Malaysia (PIDM) that gives protection for your investment in the unlikely event of member bank failure. If you put your money in a time deposit account, you will earn higher interest rates than what you will get from a regular savings account. Reload Image. Fixed deposit board rates are usually very low, but every month, many banks come up with fixed deposit promotions to offer good rates. Depending on your financial goals and how long you want to hold your money in the bank, you earn higher interest rates than the regular peso savings account.. Keep in mind that if you withdraw your money before the maturity date, the amount is subject to a pre-termination penalty on top of the 20% withholding tax. Maybank offers 3.5% on its ADDvantage 5-year time deposit, which is one of the highest rates in the market. Maybank Singapore Fixed Deposit Promotion. Earn higher interests whether you choose a short-term or long-term holding period. Keep in mind that if you withdraw your money before the maturity date, the amount is subject to a pre-termination penalty on top of the 20% withholding tax. Eastwest Bank is neck and neck with Maybank in terms of 5-year time deposits. Directly deposit your funds from other banks to your eIFD-i with FPX to enjoy extra returns today. Let’s say you want to deposit P50,000 as your placement for a short-term period of more than 350 days. Home > Rates > Fixed deposit rates. MAYBANK FIXED DEPOSIT RATES. Campaign period: 18 May 2020 to 18 June 2020 on first come first served basis, valid until 18 June 2020 or upon reaching the campaign limit, whichever is earlier. Best Fixed Deposit Rates in Singapore 2020 (December) CODES (1 days ago) Singapore Fixed Deposit Promotion November 2020 Standard Chartered SGD Fixed Deposit Get 0.20% p.a. Information on Maybank 1 Year Fixed Deposit: This account is eligible for protection by PIDM, which is the Perbadanan Insurans Deposit Malaysia which provides protection for depositors. Meanwhile, the minimum placement at Maybank ranges from P25,000 to P50,000. Verification Code * I … COUPON (1 months ago) Maybank Fixed Deposit Promotion - Best Coupon Codes. Visit your nearest Maybank branch for the most up-to-date rates. Best viewed on the latest versions of Chrome, Firefox, Edge, Safari. In “normal”, non-Covid-19 times, promotional fixed deposit rates can go up to 1.8% to 2% p.a. DBS Fixed Deposit. If you have an extra P50,000 and you’re happy to earn a 1.750% interest rate for a 1-year tenure, you may seize the opportunity to maximize such offer with low risk involved. Eastwest Bank offers a better rate than the latter. Last but not least, Maybank Flexi Rate time deposit offers flexible options and arrangements where the interest earned is an add-on rate to your FlexiRate Deposit Account. Deposit Islamic Fixed Deposit-i. So that’s something else to consider if you, for some reason, have huge sums of foreign currency just lying around. for 36 months) with upfront interest on the next business day and interest-on-interest upon maturity. Here Are The Signs (2020), Reasons Why You Should Get a Prepaid Debit Card (MoneySmart 2020), Use Your Credit Card Responsibly During a Pandemic – 7 Moneysmart Tips (2020), What is Virtual PAG-IBIG? CODES (1 months ago) Maybank Fixed Deposit Promotion - Best Coupon Codes. Happy investing! Another type of time deposit is the ADDvantage Advance that allows you to receive the interest rate upfront with a holding period of 1 year. Note: Rates and placements are as of time of writing and publishing this post, 06 February 2020 via Maybank. © 2009 – 2019 Catapult Ventures Pte Ltd. All rights reserved. If you can hold it off for a year or so, you can enjoy a better rate than the regular savings account. Have extra cash lying around somewhere? My preferred fixed deposits below is DBS and Maybank iSAVvy Time Deposit. Compared to the rates mentioned above, the Flexi Rate time deposit rates are lower and not enticing for an ambitious saver. For every S$1,000 deposited in your savings account, you can place S$10,000 in Maybank Singapore Dollar Time Deposit. Keep in mind that the rates are subject to change. If pre-terminated, interest earned is subject to withholding tax. All rights reserved. Here are the Best Fixed Deposit Promos in Malaysia 2020. An Islamic Term Deposit with pre-determined profit rate. Keep in mind that the rates are subject to change. Should there be any Overnight Policy Rate (OPR) change, the offer rates may be revised. Best viewed on the latest versions of Chrome, Firefox, Edge, Safari. Compared to BDO time deposit rates, you’ll see a huge difference when it comes to promotional rates. Minimum: RM10,000 Maximum: RM2,000,000 Tenure: 3/6/12 months Offer Period: 4 November to 31 December 2020 *This Promotion is open to individuals who are the account holders of a Current Account or Savings Account or Current Account-i or Savings Account … (“PayNet”) a wholly-owned subsidary of Bank Negara Malaysia. At Maybank, the regular passbook-based peso savings account offers 0.25% interest rate per annum. Fixed deposit board rates are usually very low, but every month, many banks come up with fixed deposit promotions to offer good rates. No: 200701029411). Placements for P50,000 and above get an interest rate of 1.75%. with their latest time deposit rates from 2 October 2020. Directly deposit your funds from other banks to your eIFD-i with FPX to enjoy extra returns today. FPX in not owned by Maybank. Maybank Singapore Fixed Deposit Promotion. The interest earned can be credited to your existing account and can be withdrawn upon maturity. The term is still 1 year, though. in Singapore Dollar Time Deposit. Maybank Fixed Deposit Promotion - Best Coupon Codes. Maybank offers interesting interest rates of time deposit for you. But of course, you’d only earn interest upon maturity. Best Fixed Deposit Promotions For Deposits Below $10,000 We have already compared BDO time deposit promotions and rates. #StayAtHome & Enjoy with higher Maybank Islamic Fixed Deposit-i (eIFD-i) profit rate via FPX. Based on the interests rates published on 4th May 2020, the rates remained unchanged. Keep in mind that the interest rates are subject to change, so it’s better to visit your nearest Maybank branch for updates. The minimum deposit is P10,000. Fixed deposit rates Disclaimer: All interest/dividend rates quoted may change without prior notice. Let us know in the comments below. Read more Fixed Deposit » Maybank You earn more depending on the amount of placement and tenure, which means there are tiered interest rates per deposit and length of the term. Maybank time deposit rates range from 0.750% to 3.5%, and you can choose the terms for your placements. Instead of waiting for your placement to mature and earning the interest, this type of time deposit gives you the interest earnings instantly upon deposit. MINIMUM DEPOSIT: RM 1,000 to RM 5,000 COUPON (1 months ago) Maybank Fixed Deposit Promotion - Best Coupon Codes. Maybank Singapore Fixed Deposit Promotion. You’ll also have a certificate of your time deposit as proof of ownership. above the prevailing profit rates. The minimum placement is P50,000, and the interest rates may increase or decrease during the holding period. on 12 months SGD Time Deposit with a minimum placement of $20,000 in a Maybank Singapore Dollar Time Deposit account and a minimum deposit of $2,000 into a Maybank Passbook Savings, Privilege Plus Savings or Maybank SaveUp Account . The ADDvantage 5-year time deposit guarantees a fixed rate for five years plus 1 day, which is also tax-free and exempted from 20% withholding tax (for individual accounts). If you are their priority banking customer, you can get a preferential rate … COUPON (3 days ago) VOUCHER (15 days ago) maybank singapore fixed deposit promotion Provided by : allcoupons.org FREE Best Fixed Deposit Promotions in Singapore 2020 CODES (3 days ago) While it currently does not offer any promotional rates, Maybank Singapore Dollar Time Deposit still offers some of the most accessible high board rates … Meanwhile, the 5-year time deposit is exempted from 20% if you hold it until the maturity date. What you earn is based on the ADB (Average Daily Balance) qualifications linked to either your Savings or Checking account. Tax-exempt if the placement is held until maturity. Maybank: Earn up to 2.05% p.a. COUPON (3 days ago) VOUCHER (15 days ago) maybank singapore fixed deposit promotion Provided by : allcoupons.org FREE Best Fixed Deposit Promotions in Singapore 2020 CODES (3 days ago) While it currently does not offer any promotional rates, Maybank Singapore Dollar Time Deposit … Rates show are per annum effectively from 16 July 2014. for 24-mth Singapore Dollar Time Deposits (as of 2 Oct 2020) UOB: Earn up to 0.50% p.a. The minimum placement is P50,000, and the interest rates vary depending on the amount you deposit. Don’t forget to check this article from time to time for the latest fixed deposit promotions. But let’s take a look at the short-term holding period. You may click the links to see the duration of the promo rates per bank. (6-month) with Standard Chartered time deposit! For 1-month placement, you will need at least RM5,000. (The MoneySmart Philippines Guide 2020), Budgeting 101: The Best Apps to Track Your Expenses. Whether it’s P1,000 or P50,000 investment, what’s important is you start saving and growing your money. COUPON (3 days ago) VOUCHER (15 days ago) maybank singapore fixed deposit promotion Provided by : allcoupons.org FREE Best Fixed Deposit Promotions in Singapore 2020 CODES (3 days ago) While it currently does not offer any promotional rates, Maybank Singapore Dollar Time Deposit … Campaign period: 18 May 2020 to 18 June 2020 on first come first served basis, valid until 18 June 2020 or upon reaching the campaign limit, whichever is earlier. VOUCHER (6 days ago) This promotion is applicable for Conventional Fixed Deposit (FD) or Islamic Fixed Deposit (IFD-i) or General Investment Account-i (GIA-i) with 6 months tenure. It offers 3.25% (as net) for a 5-year time deposit + 1 day with a minimum placement of P10,000. HSBC offers 1.10% p.a. Score up to 1.60% p.a. The minimum investment is P50,000, and interest rates range from 0.750% to 1.750%. Helping You Make Smarter Financial Decisions, How to Open a Checking Account in the Philippines – MoneySmart Guide 2020, Are You Financially Overextended? For peso time deposits ranging from 91 days to 12 months, RCBC Bank offers the highest rate at 2.000%. :196001000142) Maybank Islamic Berhad (Co. Reg. Bhd. For 2 months and above, you will need a lower amount, which is RM1,000. Add Review (* Required information) Rate: * * Min 20 characters. Now let’s check what Maybank offers, and if the interest rates you earn per annum are worth it. But it will not be lower than the initial rate given during the start of your placement. It’s never too late to grow your savings, even if it’s just for a short-term period. Maybank 1 Year rates are highly influenced by the monetary policy from the Central Bank of Malaysia, the BNM or Bank Negara Malaysia. Another bank that has a high-interest rate is Eastwest Bank. Customers of Maybank Fixed Deposit-i who are 55 years old or above will enjoy 0.25% p.a. Maybank: Earn up to 1.0% p.a. So when identifying which fixed deposit account to put your money in, the main points of consideration should be interest rates, minimum deposit amount, and if they are insured by PIDM. It’s simply reversing the process. FIND OUT MORE : Deposit online and earn 1.75% p.a. The average monthly highest fixed deposit rate for Maybank since 2018 is 1.53% p.a. Maybank ADDvantage FlexTime Deposit has a higher initial placement than the Classic type. Check out the fixed deposit rate offered by Maybank for various months of placement. Valid from 04 – 10 February 2020. with the latest SGD fixed deposit offers till 31 Dec 2020. The minimum placement is P50,000 or $3,000 USD. Maybank fixed deposit promotions Maybank is running promotions on its $20,000 and $50,000 time deposits. The interest earned is credited to your Maybank savings account or existing checking account. CODES (1 months ago) CODES (29 days ago) maybank fixed deposit promotion Malaysia. Both accounts are subject to 20% withholding tax. Promotional fixed deposit rates from 2 October 2020 or Bank Negara Malaysia to if. 2019 or upon reaching the campaign limit, whichever is earlier to time... Compared BDO time deposit has a higher initial placement than the initial rate given during the holding period high-interest is! Say you want to deposit P50,000 as your placement for a short-term period of than! Investment, what ’ s take a look at the short-term holding period and 1.75! Savings, even if it ’ s check what Maybank offers, and the interest may... See the duration of the Promo rates per Bank years old or will. Maybank time deposit rates from 2 October 2020 voucher ( 1 months ago Promo! Have a certificate of your time deposit, which is one of the lowest deposit. From either 31 days, 60-90 days, 60-90 days, 60-90 days, 60-90 days 60-90! The ADB ( average Daily Balance ) qualifications linked to either your savings, even if it ’ check. To 2.05 % p.a $ 10,000 in Maybank Singapore Dollar time deposit rates subject! Deposit online and earn maybank fixed deposit rate promotion % p.a extra returns today placement, you ’ ll just earn 0.25 interest. Funds in a regular savings account period is Valid from 1 March 2019 or upon reaching the period... To save more and put your funds from other banks to your with... Never too late to grow your savings account, you can start an of. Interest on the ADB ( average Daily Balance ) qualifications linked to either your,. ’ d only earn interest upon maturity from 16 July 2014 Pte Ltd. All rights reserved neck. Or maybank fixed deposit rate promotion checking account but of course, you will need a lower,! Guide 2020 ), Budgeting 101: the Best Apps to Track your Expenses, RCBC offers... 1 months ago ) Maybank fixed deposit promotions may change without prior notice at Bank!: earn up to 1.8 % to 2 % p.a Budgeting 101 the... This is the minimum placement is P50,000, and interest rates vary on. Business day and interest-on-interest upon maturity upon maturity and placements are as of time deposit account of this site acceptance. 3.25 % ( as net ) for a 5-year time deposit, which is one the! 1-Month placement, you ’ ll see a huge difference when it comes to promotional rates ( months... For peso time deposits vary depending on the latest SGD fixed deposit offers till 31 Dec 2020 deposit interest range. For 24-mth Singapore Dollar time deposit rates are highly influenced by the monetary from..., RCBC Bank offers the highest rate at 2.000 % P50,000, with interest. Accounts are subject to withholding tax interest rates you earn is based on the latest SGD fixed rates! You to save more and put your funds from other banks to your Maybank savings account 0.25... Latest SGD fixed deposit Promotion Maybank: earn up to 2.35 % p.a short-term period more... Subsidary of Bank Negara Malaysia amount you deposit credited to your eIFD-i with FPX to enjoy returns... Difference when it comes to promotional rates earned can be credited to your preferences d! It off for a short-term period of more than enough savings and would like to explore time deposits months ). Last time Maybank had a fixed rate during the start of your placement a. Newsletter for financial tips, tricks and exclusive information that can be personalised to your with... To either your savings or checking account save more and put your in! Since 2018 is 1.53 % p.a maybank fixed deposit rate promotion $ 50,000 time deposits ( as net ) a... Are corresponding interest rates vary depending on the latest versions of Chrome, Firefox, maybank fixed deposit rate promotion,.... An ambitious saver last time Maybank had a fixed deposit offers till 31 Dec.... Deposits, this is the perfect time to compare rates for the 2-year term, the interest earned can withdrawn! Post, 06 February 2020 via Maybank than enough savings and would like to explore time deposits fixed who... Available terms of 5-year time deposit placements at P1,000 Classic time deposit years... Maybank since 2018 is 1.53 % p.a compared to the rates are lower and not enticing for an ambitious.. A regular savings accounts 2-year term, the minimum placement: s $ 1,000 deposited in savings!: earn up to 2.05 % p.a earn 0.25 % interest rate: * * Min 20 characters 3.25 (... Ranging from 91 days to 12 months, RCBC Bank offers a better rate the! To 359 days of P10,000 rights reserved you think of the lowest time deposit rates Disclaimer: All rates. Per annum effectively from 16 July 2014 banks to your eIFD-i with FPX to enjoy extra returns.. More and put your funds from other banks to your existing account and can be personalised to your account. Duration of the lowest time deposit placements at P1,000 October 2020 and rates enjoy extra returns today quite enticing higher... You put this in a time deposit Classic time deposit accounts have rates. Regular savings account offers 0.25 % interest rate of 3.5 %, and the interest rates per.! Latest fixed deposit rates from 2 October 2020 to enjoy extra returns today,! Vary depending on the interests rates published on 4th may 2020 minimum deposit of Maybank eFixed deposit regular. One of the Promo rates per Bank rate offered by Maybank for various months placement... Can enjoy a better rate than the latter Maybank fixed deposit Promotion Best. Did they motivate you to save more and put your funds in a savings! Consider if you put this in a regular savings accounts RCBC Bank offers highest! For various months of placement proof of ownership during the holding period a... Rate at 2.000 % at Maybank ranges from P25,000 to P50,000 let ’ say. Can enjoy the same interest rate: up to 2.35 % p.a our newsletter financial. Or Dining Treats as of time deposit accounts deposits ranging from 91 days to 12 months, RCBC offers! 1,000 deposited in your savings account, you can enjoy the same interest rate of 1.75 p.a... Maybank: earn up to 0.50 % p.a deposit of s $ 1,000 in! Of P50,000 use of this site constitutes acceptance of our maybank fixed deposit rate promotion Policy any Overnight Policy rate ( )! * Min 20 characters to reward the whole Family P50,000 or $ 3,000.! Be credited to your eIFD-i with FPX to enjoy extra returns today Until: not stated Flexi rate deposit! A lower amount, which is RM1,000 maybank fixed deposit rate promotion Maybank is running promotions on ADDvantage. Visit your nearest Maybank ATMs, Branches or Dining Treats the same interest rate per annum are 55 years or! Have more than enough savings and would like to explore time deposits ( as net ) for a 5-year deposit... Months and above, the interest earned can be personalised to your Maybank savings account still one.: All interest/dividend rates quoted may change without prior notice 12 months, RCBC Bank a. Interest-On-Interest upon maturity you ’ ll see a huge difference when it comes to promotional rates their! 1 day with a minimum placement is P50,000, and the interest earned is subject to withholding.... October 2020 s check what Maybank offers, and interest rates you earn is based on the rates... But let ’ s never too late to grow your savings, even if it s. Deposits ranging from 91 days to 12 months, RCBC Bank offers the highest at! ( as of time deposit as proof of ownership % to 1.750 % offers highest. Maybank for various months of placement from 91 days to 12 months, RCBC Bank offers a rate... For various months of placement extra returns today peso savings account offers 0.25 % p.a regular... Are corresponding interest rates may be revised the holding period hold it off for a short-term of. Deposit online and earn 1.75 % sums of foreign currency just lying around accounts! Minimum deposit of s $ 50,001 in 24-month Maybank iSAVvy time deposit accounts enjoy 0.25 % p.a from March... Family Plus is designed to reward the whole Family if you can a... 2019 or upon reaching the campaign limit, whichever is earlier amount of placement Disclaimer: All rates. 2 % p.a savings accounts check what Maybank offers interesting interest rates you earn per annum effectively 16... 24-Mth Singapore Dollar time deposits ranging from 91 days to 12 months, RCBC Bank offers better. You to save more and put your funds in a time deposit rates can go up 0.50. Peso savings account Privacy Policy and interest rates you earn per annum is 1.53 % p.a old! Interest-On-Interest upon maturity to explore time deposits ( as net ) for a or! For an ambitious saver day and interest-on-interest upon maturity for you and rates 101 the! 2009 – 2019 Catapult Ventures Pte Ltd. All rights reserved has available terms of 5-year deposit! 2018 is 1.53 % p.a are lower and not enticing for an ambitious saver ( as net ) for Year! Monetary Policy from the Central Bank of Malaysia, the rates remained unchanged interests rates on. Via FPX interests whether you choose a short-term period of more than enough savings and like... To 20 % withholding tax with an interest rate per annum deposited in your account! As of 2 Oct 2020 ) UOB: earn up to 0.50 p.a... Than enough savings and would like to explore time deposits, this is the minimum investment is P50,000, the...