Revision of Interest Rates for Conventional Fixed Deposits and Current / Savings Account

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Revision of Interest Rates for Conventional Fixed Deposits and Current / Savings Account

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Kuala Lumpur, 12 May 2020

Dear Valued Customers,

With effect from 12 May 2020, the interest rates for the following accounts are revised as follows:

1. Conventional Fixed Deposit

Tenure

New Rate

1 – 2 months

1.75% p.a.

3 – 5 months

1.80% p.a.

6 – 60 months

1.85% p.a.

 

2. e-Fixed Deposit

Tenure

New Rate

1 months

1.45% p.a.

2 months

1.75% p.a.

3 – 5 months

1.80% p.a.

6 – 12 months

1.85% p.a.

 

3. Flexi Fixed Deposit

Tenure

New Rate

12 months

2.00% p.a.

 

4. Junior Fixed Deposit and Senior Savers Flexi FD

Tenure

New Rate

12, 24, 36, 48 and 60 months

2.00% p.a.

 

5. Priority Banking Premium Fixed Deposit

Tenure

New Rate

6 months

1.95% p.a.

12 and 24 months

2.00% p.a.

 

6. Mach Fixed Deposit

Tenure

New Rate

1 – 2 months

1.75% p.a.

3 months

1.80% p.a.

6 and 9 months

1.85% p.a.

12 and 24 months

1.95% p.a.

 

7. Junior Savings Account

Balance Tier

New Rate

First RM50,000

1.50% p.a.

Above RM50,000

0.00% p.a.

 

8. 3-in-1 Junior Account

Balance Tier

New Rate

First RM50,000

1.75% p.a.

Above RM50,000

0.00% p.a.

 

9. Pay&Save Account 

Balance Tier

New Rate

Consecutive deposit of RM2,000

1.50% p.a.

 

10. Basic Savings Account

Balance Tier

New Rate

All balances

0.25% p.a.

 

11. Normal Savings Account

Balance Tier

New Rate

Up to RM1,000,000

0.00% p.a.

Above RM1,000,000

0.05% p.a.

 

12. Top Yield Account

Balance Tier (Split Tier Interest)

New Rate

First RM800,000

0.00% p.a.

Next RM800,001 to RM1,500,000

0.55% p.a.

Next RM1,500,001 to RM2,500,000

0.95% p.a.

Above RM2,500,000

2.00% p.a.

 

13. One Account

Balance Tier

New Rate

Up to RM100,000

0.00% p.a.

Up to RM500,000

0.05% p.a.

Above RM500,000

0.30% p.a.

 

14. Harvest Savings Account

Balance Tier

New Rate

Up to RM25,000

0.00% p.a.

Up to RM100,000

0.05% p.a.

Up to RM200,000

0.25% p.a.

Above RM200,000

0.75% p.a.

 

15. Harvest Birthday Reward

Balance Tier

New Rate

1 months

3.00% p.a.

 

16. Senior Savers Savings Account

Balance Tier

New Rate

Up to RM200,000

0.00% p.a.

Above RM200,000

0.25% p.a.

 

17. SmartLink Account

Balance Tier

New Rate

Up to RM100,000

0.00% p.a.

Above RM100,000

0.05% p.a.

 

18. Mach Money Box Deposit Account

Balance Tier

New Rate

Up to RM10,000

0.00% p.a.

Above RM10,000

0.65% p.a.

 

19. Premium Savings Account

Savings Period

New Rate

31 – 90 days

0.60% p.a.

91 – 150 days

0.75% p.a.

151 – 179 days

0.90% p.a.

Protected by PIDM up to RM250,000 for each depositor.

Edit here to enter details for Archived Research Report component

Media Contact

Group Corporate Affairs & Public Relations

Hong Leong Bank Berhad

DID: 03-2081 8888 ext 61916

Email: capr@hongleong.com.my

 

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