AmBank AmQuantum

Make the most of your savings and get quarterly interest payments with this straightforward no-frills fixed deposit account

AmBank AmQuantumNo Frills - Great Interest
Min. Deposit
RM5,000
Auto-renewal
Yes
Daily Interest
No
Early Withdrawal
No

Fixed Deposit Calculator

Interest Rate

What you earn based on the amount that you have in your account

You DepositDeposit PeriodEffective Interest Rate
min. RM5,0009 months2.5% p.a.
min. RM5,00015 to 21 months2.4% p.a.
min. RM5,00024 months2.45% p.a.
min. RM5,00036 months2.5% p.a.
min. RM5,00048 to 60 months2.55% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate
  • RM5 Service Charge
Additional Statement Request
RM5 per document

Requirements

Minimum Age
  • 18 years old

More Information

What do I need to know about AmBank AmQuantum Investment?

If you want to open one of these AmBank fixed deposit accounts you'll need at least RM5,000 and your MyKad. It's going to take some serious commitment on your part to earn some interest but you can choose to tuck away your savings anything between nine months and five years.

Important to note that you'll need an AmBank Savings or Current Account to receive your interest payments.

How do I withdraw the money?

AmBank will credit interest earned directly to your Savings or Current Account every quarter (every three months). Obviously, you can leave the interest in the FD and withdraw your profit together with the investment once it is matured.

Can the bank automatically renew the term deposit?

If the AmBank does not receive any instructions from you within 14 days of the initial fixed term ending then the money will be reinvested automatically on the same terms.

Can I still earn interest if I withdraw the money before expiration?

This depends on how long you have placed the fixed deposits for, if you withdraw the money less then three months from opening your account you'll not get any interest at all! For deposits over three months old you'll get 50% of the interest earned if you end the account before it expires

No partial withdrawal is allowed.

Is the AmQuantum Investment from Am Bank protected?

Yes, it sure is. Your deposit is protected by PIDM against loss on your investments in the case of bank failure. It's completely free and your deposits are covered for up to RM250,000.