Previously we look at conventional fixed deposit rate for May 2010. However, if you prefer to deposit in Islamic Fixed Deposit Account or commonly known as General Investment Account (GIA-i) instead of conventional fixed deposit account, the rates are shown in the table below.
Kindly note that, the rate showed in the table below are only indicative. It means that, the rates may changes according to agreed profit sharing ratio. This table are no longer maintained. To get the latest rates kindly browse Latest Islamic Fixed Deposit (FD) Rates page.
If you like to invest your money in the most secure instrument, fixed deposit is one of the best choice. Bank Negara increased OPR rate early this year, so fixed deposit rate also on the raise. You may want to park in your money in fixed deposit if you believe in “Sell in May and Go Away” adage.
The table below shows the conventional fixed deposit rate as of May 2010. This table are no longer maintained. This table is no longer maintained. For the latest rate kindly browse this page.
With recent hike of Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM), Banks do not take a long time to raise BLR and BFR. The first bank to raise the BLR is Bank Simpanan Nasional.
BLR normally used in conventional loan package while BFR normally used in Islamic loan package. However, most of the time BLR & BFR figures are the same.
The table below show the latest BLR or BFR rate for most of banks in Malaysia as at 12th March 2010. This table is no longer maintained. The latest rates can be found on this page.
In conjunction with Chinese New Year celebration on the 14th and 15th February, HSBC have 3 promotions which hope to make your celebration more meaningfull. The promotion offer are ranging from 5X Reward Points until 10% Cash Rebate on Grocery and Petrol spending.
Promotions are only valid when you make spending with HSBC or HSBC Amanah Credit Cards. All the promotions will end on the 28th February 2010.
Below are the details regading the HSBC CNY Promotion
HSBC Malaysia is launching an online application credit card promotion for new credit card customer. With this promotion, new customers who get their gold credit card applications approved will received 5% cash rebate on their first 10 swipes.
This promotion is valid until 31st December 2009. In order to entitle for 5% cash rebate all you have to do is apply online for gold credit card either VISA or Mastercard. Once the application is approved, activate the card and start spending. You will received 5% cash rebate on the first 10 swipes. The cash rebate is limited to RM100 only.
Below are the details about this promotions,