Fixed Deposit
Fixed Deposit (FD) rates of banks in Malaysia (August 2010)
In March 2010, I compiled a list of Fixed Deposit rates in Malaysia HERE. The overnight interest rate has since changed and here’s the updated table. Bank 1 month 3 months 6 months 9 months 12 months Affin Bank 2.80 2.85 3.00 3.05 3.30 Alliance Bank 2.75 2.75 2.90 3.00 3.10 AmBank 2.75 2.75 2.90 [...]
Fixed Deposit (FD) rates of banks in Malaysia (March 2010)
In November 2009, I compiled a list of Fixed Deposit rates in Malaysia HERE. Recently, the Central Bank (Bank Negara) has increased the overnight interest rates, and this has caused our country’s FD rates to go up – but not by much. Bank 1 month 3 months 6 months 9 months 12 months Affin Bank [...]
Fixed Deposit (FD) rates of banks in Malaysia (November 09)
In August, I compiled a list of Fixed Deposit rates in Malaysia HERE. Here’s the update for the month of November 2009. Bank 1 month 3 months 6 months 9 months 12 months Affin Bank 2.00 2.10 2.20 2.30 2.50 Alliance Bank 2.00 2.00 2.00 2.00 2.50 AmBank 2.00 2.10 2.20 2.20 2.50 Bangkok Bank [...]
Is it still worth it to put your money into Fixed Deposits?
In my recent post about Fixed Deposit (FD) rates in Malaysia, I couldn’t help but noticed that the rates are pretty similar from one bank to the other. All of them have very very low rates ranging from 2% to 2.5%. So for example, you put in RM 5000, which is the minimum required for [...]
Fixed Deposit (FD) rates of banks in Malaysia (March 09)
In January, I posted a post on the Fixed Deposit rates of the major banks in Malaysia HERE. Since then, our Bank Negara (Central Bank) has reduced the interest rates twice. Thus the changes are quite major. Bank 1 month 3 months 6 months 9 months 12 months Affin Bank 2.00 2.10 2.20 2.30 2.50 [...]