AmBank Conventional Fixed Deposit

Low initial deposit of just RM500 means it's easy to get started with an AmBank Conventional FD

AmBank Conventional Fixed DepositEasy To Save
Min. Deposit
RM500
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. RM5,0001 to 2 months2.35% p.a.
min. RM5003 months2.4% p.a.
min. RM5004 months2.45% p.a.
min. RM5006 months2.55% p.a.
min. RM5007 to 12 months2.5% p.a.
min. RM50015 to 21 months2.35% p.a.
min. RM50024 months2.4% p.a.
min. RM50036 months2.45% p.a.
min. RM50048 to 60 months2.5% 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 Conventional Fixed Deposit?

  1. Start saving with as little as RM500. 
  2. Invest for any duration from one months up to five years.
  3. Attractive interest earnings

Really, it's as easy as that! In fact, we're wrong, it's even easier than that because once you're set up you can manage your Fixed Deposit online with just a few clicks. 

Sit back and check your profits from your laptop, mobile or tablet. What could be easier?

As long as you have an AmBank Current or Savings account all you need to do is log on to online banking and set-up a Fixed Deposit

How do I open an AmBank FD?

This Conventional Fixed Deposit is only for folks aged 18 years or over. If you have an AmBank Current or Savings account, you can open this FD online. 

Otherwise, go to your AmBank branch and the staff will be more than glad to help you with your application.

Can I withdraw from this Am Bank FD before maturity?

Yes, you certainly can. However, there will be no interest paid for withdrawals made within 3 months of the start date. 

After 3 months, you get half the interest rate earned for the number of days the FD has been running. 

You only get the full interest when the FD matures.

Can I take just a portion of the money out of my account?

No, you cannot.

Okay, can I renew it?

Of course, you can renew your fixed deposit - it's even easier online!

Does PIDM protect this Conventional FD from AmBank?

Yes, it is protected against loss in the event of the bank’s failure. You're covered for up to RM250,000.