Check out the fixed deposit rate offered by Hong Leong Islamic Bank for various months of placement. With SSBs, however, the interest rate climbs every year, so the longer you keep the money in there (up to a maximum of 10 years) the more you get. Confirm; To check account information, please access Hong Leong Connect Internet Banking or contact HLBVN Call Center at 1900633068. HL Bank is not liable for how any information you may provide on the Third Party Website is handled or treated, or for any loss incurred in connection with you accessing the Third Party Website. Minimum deposit of RM5,000 for 1 month placement and RM500 for 2 months and above. Also it is 0.35 % lower than the highest rate 3.40 Updated Mar, 2018 on Hong Leong Bank's secure website . However, with the current sluggish economy, fixed deposit interest rates remain low — although they might still be better than savings accounts. for 24 months or 0.62 per cent for 18 months, but it also requires a significantly larger sum of $20,000. It takes just $500 to invest in Singapore Savings Bonds, which is lower than the $1,000 or more for most fixed deposits. Hong Leong Bank Opens Application Of Credit Cards Secured With FD Pledges Hong Leong has launched a campaign that allows selected customers to apply for secured credit cards from the bank by making a fixed deposit (FD) pledge. Rate is applicable for 12 month fixed period. Pros . The rest of the banks — Standard Chartered, CIMB and HSBC — are all offering 0.35% or less on their fixed deposits in January, which is hardly worth your time. Place Fixed Deposit Online in 3 Easy Steps Hong Leong Finance's customers can now place deposits from the comfort of their home. In “normal”, non-Covid-19 times, promotional fixed deposit rates can go up to 1.8 per cent to 2 per cent p.a. Savings Account. for 2-year fixed rate package for loan amount of S$100,000 and above. FD Month: Rates ( % per annum ) 1 Month: 2.93: 2 Month-3 Month: 2.99: 4 Month-5 Month-6 Month: 3.04: 7 Month-8 Month-9 Month-10 Month-11 Month-12 Month: 3.16: 15 Month -18 Month-24 Month-36 Month-48 Month-60 … Savings Account Open Now. You do have to pay a $2 transaction fee each time you buy or redeem a bond, though. The current highest DBS fixed deposit rate of 1.3 per cent p.a. for a year or 1.1% for 10 or 11 months. Fixed Deposit - Hong Leong Bank offers FD accounts with higher interest rates. Hong Leong Finance Fixed Deposit offers competitive promotional rates for deposits of medium-length tenure, making it a great option if you're considering investing for about 1 year. 2 … Helping you achieve your personal goals. Mar, 2018 . if you are 55 years old or above and your placement of fixed deposit is for 12 months or above. The next best alternative to DBS is usually a Maybank fixed deposit. Hong Leong Bank Fixed Deposit Interest Rates. Fixed Deposit Interest Rates Effective Date: 19-Jan-2021 9:30AM Last Updated: 19-Jan-2021 9:30AM At HL Bank, we ride the tide with you to overcome the impact of Covid-19 FIND OUT MORE > Higher Returns and Flexibility With iSavings Account. Hong Leong Bank Fixed Deposit. Think of it like mold on a piece of bread. Close . Make your money work for you. The 7th best fixed deposit promotion on the market belongs to Malaysian bank RHB. Sponsored Links. Apart from the big banks like DBS, UOB and OCBC, the fixed deposit aficionado should also look at non-bank financial institutions like Hong Leong Finance as they also offer promotions. with Maybank’s Singapore Dollar Time Deposit. Finally, tenure. Isn't it time you prepare yourself for tomorrow? Hong Leong Bank with you 24/7. Minimum placement sum for 1 or 2 months deposit is S$10,000, and for the longer terms is S$500. interest on savings accounts, fixed deposits — like so many ageing Channel 8 starlets — are fading from collective memory. At HL Bank, we value your relationship with us. In fact, consumers can earn up to 0.68% p.a. Our Covid-19 Safeguard measures implemented at our branches to help protect the well-being of our customers and employees. Hong Leong Finance fixed deposit rate: Interest rate: 0.65 per cent p.a. Note that if you have an UOB fixed deposit that’s maturing this month, UOB will auto-renew your account at the current “promotional” rate. Add on extra 0.125% p.a. Kid's Saving Account Open Now. Min. Savings Account Open Now. The minimum for a 1-month placement with upfront interest is RM5,000. Set yourself on the road to the future by saving without hassle. Step 2: Select Fixed Deposit; Step 3: Select term, select account, enter deposit amount. Shopee Malaysia. Hong Leong Islamic Online Fixed Deposit-i is where you get to earn more for the money you save, giving you returns on the hard work you already put in. After the lock-in period is over, you should shop around again for another place to park your money. Account Details APY Updated; Hong Leong Bank 1 Year Fixed Deposit: 3.15%. Hong Leong Priority Banking Fixed Deposit is a premium fixed deposit with higher interest rates and flexible tenure of 6, 12 and 24 months. Unfortunately you have to leave it in for 36 months (3 whole years!) Secured credit cards are credit cards that are backed by a … You don’t need to do anything to earn this interest, just park your money with a bank. It used to be that you needed at least $20,000 lying around in order to benefit from the higher promotional interest rates. Investor Relations. However, now that the general rates have gone down, suddenly the lower-commitment options are a lot more competitive. A branch of Hong Leong Bank Berhad in Singapore. Cooperate Information. First, interest rates. Categories. You will not be penalised if you withdraw your money at any point. Hong Leong Bank 1 Month Fixed Deposit… That said, ICBC fixed deposits only require $500 to start. Oh dear, local banks UOB and OCBC (see below) certainly fall short of DBS when it comes to fixed deposit rates of late. The rate of 3.05% is 0.1% lower than the average 3.15%. HDB Home Loan Promotion Enjoy from as low as 1.28% p.a. Ease into your golden years with confidence by receiving monthly interest payout from your fixed deposit. There’s no cap for fixed deposits.). Hong Leong Bank 1 Year Fixed Deposit: 3.15%. OCBC fixed deposit interest rates are lower than UOB’s, offering 0.45% p.a. Hong Leong Bank with you 24/7. Minimum of S$10,000 to open an account with tenors of 1 or 2 months. Hong Leong Bank Fixed Deposit offers the flexibility of deposit terms from one month to sixty months with attractive interest rate, invest your cash and earn money right off the bat. The minimum of $1,000 is is quite a manageable amount, although you have to commit to a tenure of 18 months. Personal Loan. Fixed deposits are shorter term investments. when you deposit fresh funds via Online Instruction Form & PayNow. Cooperate Information. At HL Bank, we value your relationship with us. Hong Leong Fixed Deposit ( wef 10/07/2020) Tenure. Here are the differences between fixed deposits and savings accounts at a glance: In an earlier article, we compared the Singapore Savings Bonds to fixed deposits. Malaysian 18 years old and above. Before you lock up that much in a fixed deposit, make sure you have sufficient emergency funds first. Fixed deposits are an extremely low risk way to grow your money. Maybank: Public Islamic Bank: Public Bank: RHB: Ask a question (No login required) (Caution - please do not have any sensitive information in this field, this question will be made public) The question has been received and will be be reviewed for approval by a moderator. Check the latest fixed deposit and EFD promotion rates here! Hong Leong Bank 3 Month Fixed Deposit: 3.10%. Once an attractive alternative to that pathetic 0.05 per cent p.a. … Find Out More. Hong Leong Bank (HLB) has launched a year-long campaign that allows selected customers to apply for secured credit cards from the bank by making a fixed deposit (FD) pledge. HL Bank makes no warranties, representations or undertakings about the Third Party Website. on your savings with no lock-in just by opening a regular CIMB FastSaver account. on regular monthly savings. … Fixed deposit board rates are usually very low, but every month, many banks come up with fixed deposit promotions to offer good rates. Limited time promotion. Believe it or not, fixed deposit interest rates are actually higher than SSBs. You are leaving Hong Leong Bank's website as such our Privacy Notice shall cease. Deposits are insured up to S$75,000 by SDIC. You might want to check and update your standing instructions. Kid's Saving Account Open Now. E-Saver Account Open Now. Hong Leong Finance Fixed Deposit. Other Malaysia Banks. Check out now to know the HLB's attractive interest rates. Note that these promotional rates change monthly and the bank can change the rates anytime. on their 10-month fixed deposits. 1 … Fixed Deposit Open Now. Fixed Deposit Open Now. For individuals with Hong Leong Conventional / Islamic Current or Savings Account. There are a few key distinctions between these virtually risk-free investment vehicles. Hong Leong Finance fixed deposit board rates. Double up your savings interest up to 4% p.a. HONG LEONG ISLAMIC BANK FIXED DEPOSIT RATES. Instilling savings habits at a young age. Fixed Deposit -i Terms and conditions for Hong Leong Islamic Bank Berhad (Effective 10/07/2020) Tenure. interest rate is really not spectacular, so think carefully before you commit for the full year. The November issue of SSBs offers a measly 0.23 per cent p.a. For January, you can earn 1 per cent p.a. Save for a better future. The longer you place the deposit, the higher the interest rate is. Enjoy higher interest rate of up to 0.68% p.a. $20,000 : Tenure: 24 months All the above fixed deposits have pretty low barriers to entry, but Chinese bank ICBC takes the cake by requiring just $500 minimum deposit. Latest Update - Changes in our Opening and Banking Hours. Decent FD rates. What do I get from Hong Leong Islamic Online Fixed Deposit-i? Savers Plus. Next, entry point. Review on Hong Leong Bank Fixed Deposit. 11 1 Share 0 people like this. 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