Fixed Deposit Rate Comparison Table, December 2010



fixed deposit

Fixed Deposit is known to be one of the most secure investment but with a lower return. If you like to invest your money in fixed deposit you may choose from the list below to maximize your return.

Since July 2010, fixed deposit rate does not change very much because Bank Negara maintain the OPR at 2.75% since then. However, banks do make some adjustment to their rate.

The table below are the latest conventional fixed deposit rate as of December 2010.

You may look at this page for the most up to date rates. Alternatively you may want to look at Islamic Fixed Deposit or General Investment Account (GIA-i) rates.

Banks Rates % (p.a.) Partial Withdrawal Payment Frequency
Tenure (Months)
1 3 6 9 12
Affin Bank 2.80 2.85 3.00 3.05 3.30 Yes Upon maturity
Alliance Bank 2.75 2.75 2.90 3.00 3.10 No Upon maturity
AmBank 2.75 2.75 2.90 3.00 3.10 No Upon maturity
Bangkok Bank 2.75 2.80 2.85 2.90 2.95 Yes Upon maturity
Bank of China 2.75 2.80 2.85 2.90 3.10 No Upon maturity
Bank of Tokyo-Mitsubishi UFJ 2.75 2.75 2.75 2.75 3.25 No Upon maturity
CIMB Bank 2.75 2.75 3.00 2.80 3.00 No Upon maturity
Citibank 2.65 2.75 2.80 2.80 2.90 Yes Upon maturity
Deutsche Bank 2.65 2.70 2.75 2.75 3.05 Yes Upon maturity
EON Bank 2.75 2.75 2.80 2.85 3.00 No Upon maturity
Hong Leong Bank 2.65 2.65 2.70 2.70 2.85 No Upon maturity
HSBC Bank 2.55 2.70 2.70 2.70 2.85 No Upon maturity
J.P. Morgan Chase Bank 2.65 2.70 2.75 2.75 2.75 Yes Upon maturity
Maybank 2.75 2.75 2.80 2.80 2.85 Yes Upon maturity
OCBC Bank 2.60 2.65 2.70 2.70 2.85 Yes Upon maturity
Public Bank 2.75 2.75 2.80 2.80 2.85 Yes Upon maturity
RHB Bank 2.75 2.75 2.95 2.95 3.10 No Upon maturity
Standard Chartered Bank 2.70 2.70 2.75 2.80 2.85 Yes Upon maturity
The Bank of Nova Scotia 2.75 2.75 2.80 2.80 2.85 No Monthly
The Royal Bank of Scotland 2.65 2.65 2.70 2.75 2.75 No Upon maturity
United Overseas Bank 2.60 2.70 2.70 2.70 2.85 No Upon maturity


Leave a Comment

  • dusty 2nd December, 2010, 10:50 pm

    I’m not sure if you got your rates right, CIMB is 3% for 3 months.

    Reply
    • 1mdb.com 2nd December, 2010, 11:25 pm

      Yes you are right. Corrected.

      Reply
      • dusty 3rd December, 2010, 2:22 pm

        thank you for sharing the comparison. it is really helpful. btw, i notice Ambank has many types of FD packages, and the return seems to be higher than most banks too. Maybe you can write up on the packages AmBank offers? I am quite confused as I dont really know whats the main diff or pros and cons with each of them.

        thanks in advance!

        Reply
        • 1mdb.com 3rd December, 2010, 5:32 pm

          You can see the comparison between AmBank FD here.

          Reply
  • apalasamy 3rd December, 2010, 10:22 am

    thanks for the table. Any suggestion to invest other than FD
    as the return is somewat low.

    Reply
    • 1mdb.com 3rd December, 2010, 1:51 pm

      There are many alternative which is depending on how much risk you willing to take. For a low risk type, you may want to look at ASNB funds or Sukuk 1Malaysia.

      Reply
  • indra 4th January, 2011, 2:07 pm

    hi, why do u think that despite the fact that affin bank offers usch high rates, it is not such a well performing bank?

    Reply
  • 1mdb.com 4th January, 2011, 4:21 pm

    I think, since the bank give more to customers, than bank will make less profit. haha

    Reply