Last update: 5 May 2026
Top Fixed Deposit Promotions in Malaysia
Fixed Deposit rates change frequently as banks compete for new customers. It’s always a good idea to look for the latest promotional offers to get the best return. Here are some of the most attractive promotions available right now:
Note: These limited-time promotions are subject to change. While we update rates monthly or when we receive new information, please confirm the details with the respective banks before making a placement.
List of Fixed Deposit Promotions
List of Fixed Deposit Bundled Promotions
Best Fixed Deposit Accounts (Board Rates)
Here’s a roundup of this month’s updates to the best fixed deposit accounts in Malaysia.
- Overall, Islamic FDs remain the champions in offering higher returns than Conventional FDs.
- For a 1-month FD, most banks require a minimum deposit of RM5,000, but Al-Rajhi Commodity Murabahah Term Deposit-i only requires RM1,000.
- As of May 2026, Al-Rajhi Bank offers the highest return rates for a 1-month short-term FD, while Bank of China and Agrobank provide the highest return rates for long-term FDs.
Original article follows below.
“What’s the best fixed deposit in Malaysia?” It’s one of the most common questions we hear from Malaysians who want a stable and secure form of savings. With its combination of zero risk, guaranteed returns, and the flexibility to choose the deposit duration, many turn to fixed deposits as a reliable form of short- to medium-term savings.
Most fixed deposit accounts in Malaysia are also regulated by Perbadanan Insurans Deposit Malaysia (PIDM), which gives protection for your investment in the unlikely event of a member bank failure. 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 whether they are insured by PIDM.
Here are the highest interest fixed deposit accounts in Malaysia, arranged by duration. The tables below will be updated every month.
Top 1-month FD rates in Malaysia
Top 3-month FD rates in Malaysia
Top 6-month FD rates in Malaysia
Top 9-month FD rates in Malaysia
Interested in opening an FD account? We have a guide on how to open a fixed deposit account in Malaysia just for you.
Additionally, check out our Fixed Deposits and Islamic Fixed Deposits pages, where you’ll find the latest fixed deposit board rates in Malaysia, as well as a useful fixed deposit calculator.
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