All deposit placements that are placed from 1 January 2018 onwards which are then uplifted/withdrawn prematurely from 1 January 2019 onwards will have no interest payable. There will be a full interest penalty upon the upliftment. The same applies for Fixed Deposit or Alliance FDGold opened via allianceonline.
WHO CAN APPLY?
- Individuals aged 18 years and above
- Minimum placement amount of:
- RM5,000 for 1 month tenure
- RM500 for tenures above 1 month
- Applicable for individuals registered with AllianceOnline.
| Tenure (Months) |
Counter Rate (% p.a.) |
2nd Tier Rate (% p.a.)
(for Individual) |
| 1 |
1.50 |
1.30 |
| 2 |
1.60 |
1.40 |
| 3 |
1.70 |
1.50 |
| 4 - 5 |
1.75 |
1.55 |
| 6 -11 |
1.80 |
1.60 |
| 12 |
1.85 |
1.65 |
Effective date: 8 June 2021
*Note: 2nd Tier Rate is applicable to non-resident individuals only.
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