Tag Archives: highest FD rate

Which Bank in Malaysia Offer Highest FD Rate?

Fixed deposit is still the most popular type of savings in Malaysia. However, with the latest inflation rate still hovering above 3%, and bank fixed deposit rates still not that high, we are actually encountering the risk of getting the real returns in this context.

highest FD rate

Besides that, we also need to have some cashflow for emergencies purpose in the event of a financial crisis. As a rule of thumb, we should keep at least 6-12 months of monthly expenses in the form of cash before looking into any kind of investments or paying off any loans and etc.

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