UOB

UOB Prosperity Fixed Deposit

Usher in the Year of The Goat with UOB! A fixed deposit promotion with high interest rates when you deposit a minimum of RM10,000 for 3 or 12 months.

  • You DepositDeposit PeriodEffective Interest Rate
    RM10000 - 50000003 months3.85% p.a.
    RM10000 - 500000012 months4.1% p.a.

Fees & Charges

There are always fees but how much are they?

There are no fees associated with this product.

Requirements

Are you eligible for this UOB Prosperity Fixed Deposit?

Minimum age
18 years old

Frequently Asked Questions about UOB Prosperity Fixed Deposit

Things you might want to know

Who can apply for this special FD promotion?

All new and exisiting UOB Malaysia customers are eligible to apply for the UOB Prosperity Fixed Deposit and enjoy above market rates. However, if you're a running a sole-propiertorship or partnership, or wish to apply on behalf of an NGO, charity, society, or corporate company, you won't be able to apply.

How much money can I invest with UOB?

The minimum you can deposit for the UOB Prosperity Fixed Deposit is RM10,000 or up to a maximum of RM5 million per person, throughout the promotion period.

There's only one catch - your investment must be made using fresh funds. That means money transferred from an existing UOB account, be it a savings, current, fixed deposit account, and even cheques are not allowed!

Can I make partial or full withdrawals before maturity?

You can, but the consequences depend on WHEN you make the withdrawal. If you make a withdrawal, no matter how small, within the first 3 months of your FD placement, no interest will be paid to you. 

For withdrawals made after those initial 3 months, you'll only be able to earn at 50% of the promised rate - our advise is to make sure you have enough cash on hand before comitting to this FD investment.

Is my money with UOB protected by PIDM?

FD placements are eligible for protection by Perbadanan Insurans Deposit Malaysia ( PIDM). Up to RM250,000 of your wealth will be guaranteed.

What do I need to bring to apply for this fixed deposit?

To be approved for a fixed deposit account, you'll need these two things:

  • Your MyKad
  • Your deposit of at least RM10,000

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