Maybank has come up with a promotional campaign on its conventional eFixed Deposit (eFD) to encourage the concept of eFD. The promotion is open to both new and existing customers of Malayan Banking Berhad (Maybank). Make the most of the campaign before it expires.
Maybank FD Promotion Mechanics
Place an eFD with a minimum deposit amount of RM5,000 for 5 months to get preferred interest rates as given in the table below:
|eFD Tenure||Campaign Rate (% p.a.)|
Upon renewal, the interest can be summed up with the principal or you can get the interest component credited to your current account/savings account (CASA).
FD Promotion Start & End Date
The promotion began on 28 May 2018 and ends on 31 July 2018.
Promotion Terms & Conditions
- You must have either a current account or savings account with the bank.
- The promotional rates are subject to change based on the variation in the overnight policy.
- Placements must be made via Maybank2u online platform within the promotion period.
- For eFD placement, debiting or crediting from an imteen account is not allowed.
- The placement must be in fresh funds i.e.,
- The sum must be transferred to your CASA as a result of clearing a cheque from other banks.
- Or, the sum must be recently transferred to your Maybank CASA.
Q. What are the existing FD Board rates applicable to eFD for 5-month tenure?
A. The existing FD Board rate on eFD is 3.20% p.a. for a 5-month tenure.
Q. When can I get the interest offered on my FD?
A. You can get the interest offered on your FD placement on maturity.
Q. Can I open an eFD account as a joint account holder?
A. Yes. You can be a joint account holder of the eFD account and get the benefits of the campaign.
Q. Can an existing FD be modified according to the campaign regulations to get the promotional benefits?
A. No. You cannot get the benefits of the promotion if you modify an existing FD account.
Q. Does the interest rates offered differ based on the amount placed in eFD account?
A. No. The bank follows a single-tiered approach on interest rates. The rate doesn’t differ based on the amount placed in eFD account but differs based on the tenure.