Hong Leong Bank introduce a new innovative product called Fixed FD Account. This product is the first of its kind in Malaysian market with an intelligent cash management feature. Flexi FD allow customers to do early FD withdrawal and the flexibility to withdraw at any 186 Hong Leong Bank Branches nationwide.
The product aim to ease customers by managing FD, current and savings at the same time. However, the most exciting feature about this product is, consumers will be able to earn high interest rates eventhough they make an early partial withdrawal of their FD.
Below are other exciting features regarding Hong Leong Flexi FD account.
- Flexi FD account will have 12 months tenure.
- Earn high interest rate every month. Current rate (September 2009) is 2.5% pa. Interest will be deposit into Flexi One account.
- Still enjoying high interest rate if customers make an early partial withdrawal.
- Flexi One account will be open together with Flexi FD account. Flexi One account will come with cheque book and daily saving interest.
- Excess fund above RM30,000 in Flexi One account will be automatically moved to Flexi FD account once a month to earn high interest rate.
- Fund in Flexi FD account will be automatically transfer to Flexi One account if customers issued a cheque but the fund in Flexi One account in insufficient. The transfer will be in multiple of RM3,000.
In conjunction with the launch, exciting gifts await those who open the Hong Leong Flexi FD Account from now until 30 November 2009. The new Hong Leong Flexi FD accountholders can also participate in the Hong Leong Flexi FD contest to win a brand new Nissan X-trail 2.5L, co-sponsored by Edaran Tan Chong Motors Sdn Bhd.
For more information kindly proceed to Hong Leong Bank website.