Countries / 🇲🇾 Malaysia
Best fixed deposit rates in Malaysia
MYR fixed deposit rates from 9 providers, read directly from each bank's website every day, plus 1 more providers to check. Sorted by rate; no paid rankings.
Last checked 18 Oct 2026, 05:37 UTC · all 10 providers · savings account
Best 3-month rate
3.18% p.a.
GXBank
Board rate
Best 6-month rate
3.80% p.a.
GXBank
Board rate
Best 12-month rate
1.90% p.a.
CIMB Bank
Board rate
Best rate for a RM10,000 deposit, open to any customer. Promotions can end early; confirm with the bank.
Compare fixed deposit rates
6 banks with a 12-month rate for RM10,000
| Bank | Rate p.a. | Tenure | Deposit | Details | Link |
|---|---|---|---|---|---|
| CIMB BankFixed Deposit | 1.90%≈ RM190 in 12 months | 12 months | Not stated | Board rate | Go to bank |
| MaybankFixed Deposit Account | 1.90%≈ RM190 in 12 months | 12 months | Not stated | Board rate | Go to bank |
| AmBankConventional Fixed Deposit | 1.80%≈ RM180 in 12 months | 12 months | Not stated | Board rate | Go to bank |
| Hong Leong BankFixed Deposit | 1.80%≈ RM180 in 12 months | 12 months | Not stated | Board rate | Go to bank |
| Public BankFixed Deposit | 1.80%≈ RM180 in 12 months | 12 months | Not stated | Board rate | Go to bank |
| RHB BankOrdinary Fixed Deposit | 1.80%≈ RM180 in 12 months | 12 months | Not stated | Board rate | Go to bank |
"Fresh funds" means money brought in from another bank. Board rates are standing rates; promos are time-limited. How we collect and check rates.
How is this list ordered?
By rate, highest first, for the amount and term you chose. Where a bank publishes its own blended effective rate we use that. Each bank appears once with its best matching offer unless you tick "Show every rate". Banks cannot pay to change the order.
Plan your deposit
Best rate by term
Best rate open to any customer for RM10,000 at each term, from today's verified offers. Hover a point for the bank.
Get an email when rates rise
Double opt-in: confirm by email first. One email when the best rate for your term and amount goes up. Unsubscribe in one click.
Official benchmarks
Source: bnm.gov.my. Shown as a reference point, not a recommendation.
Deposit protection: PIDM
Eligible deposits at PIDM member banks are protected up to RM250,000 per depositor per member bank; the limit includes principal and interest/return. Islamic deposits are protected separately from conventional ones. Source, checked 2026-10-18.
More fixed deposit providers in Malaysia
We list these providers but do not read their rates automatically yet, so we never show a number for them. Check the rate on the bank's own page. Know a bank we should read? Suggest it.
Questions about deposits in Malaysia
What is the best 12-month fixed deposit rate in Malaysia today?
1.90% p.a. at CIMB Bank (minimum deposit: Not stated), read from the bank's website at 18 Oct 2026, 05:37 UTC. Promotions change often, so confirm with the bank before you deposit.
What is the best 6-month fixed deposit rate in Malaysia today?
3.80% p.a. at GXBank (minimum deposit: Not stated), read from the bank's website at 18 Oct 2026, 05:37 UTC. Promotions change often, so confirm with the bank before you deposit.
Are fixed deposits in Malaysia protected?
Eligible deposits at PIDM member banks are protected up to RM250,000 per depositor per member bank; the limit includes principal and interest/return. Islamic deposits are protected separately from conventional ones.
How many banks do you compare in Malaysia?
We list 10 providers. Rates for 9 of them are read automatically from their own websites every day; for the rest we link to the bank's official rate page and never show a number we have not read.
How do fixed deposit rates compare with the Overnight Policy Rate (OPR)?
The Overnight Policy Rate (OPR) is 2.75% (2026-09-03). The best 12-month fixed deposit rate open to any customer today is 1.90%.
Deposit rates in nearby countries
🇮🇳 India🇨🇳 China🇮🇩 Indonesia🇵🇰 Pakistan🇧🇩 Bangladesh🇯🇵 Japan🇵🇭 Philippines🇻🇳 Vietnam
Missing a bank? Suggest one
We're a comparison service, not a bank: we don't take deposits. Rates change without notice; verify with the bank before you deposit. Not financial advice.