Affin Bank still offers the highest 3.6% for 12 months. 3.1% to 3.35% is common with all other banks. 1 month FD is mostly at 3% to 3.05%. Most of the foreign banks continue to offer lower FD rates.
Base Lending Rate
Most banks offers 6.6% now except JP Morgan Chase offers the lowest at 6.2%.
Saving Accounts
The Bank of Nova Scotia offers 2.05% while Bangkok Bank and Bank of Tokyo offers 2%
CIMB Air Asia Saver Account offers 1.6%
Don't forget you can get a simple widget
like above to show on your blog / web site.
Car Loan
Maybank continues to offer the lowest car loan rate starting from 2.7%. However, this is NOT a standard rate apply to all applicants. The actual rate can range up to 4.3%. Alliance bank on the other hand offers 2.8% to 3% which may be a better deal in general sense.
Bank Muamalat offers 2.85% for both New and Used cars but it requires an admin charges of RM600.
CIMB offers 3.25% for used cars.
Don't forget Car Loan rate is Fix Term Rate
which is effectively a MUCH HIGHER
than variable term rate
like House Loan and Fix Deposit.
House Loan
There are too many factors in considering a good house loan, so we don't think its fair to simply summarize them here.
Our advice is to source for at least 3 offers, preferably a mix of local and foreign banks.
