HSBC Time Deposit
A smart and convenient way to grow your money.
Key Benefits and Privileges
- Higher returns than an ordinary savings accountEnjoy fixed and competitive deposit rates from 1.70% - 2.95% p.a.
- Flexible deposit amounts and tenuresMake flexible placement from as low as RM1,000 (2 months and above) or RM5,000 for 1-month
- Easy to openOnline account opening in a few simple steps. It’s a paperless application - simple and convenient.
How to place Time Deposit online in 3 simple steps
Online Banking
1. Log on to HSBC Online Banking with your username and password or security device
2. Complete the application with only 4 fields to be filled
3. Verify all details then 'Confirm' your application
Apply online in minutes
Existing HSBC customer
New to HSBC
Prerequisite of opening time deposit account is to have at least one HSBC savings or current account. Therefore, you are advised to open HSBC savings or current account via online account opening, then proceed to HSBC Online Banking to instantly place time deposit online.
Things you should know
- Customer must have at least one HSBC current account or savings account
- Minimum deposit amount: RM5,000 for 1 month or RM1,000 for 2 months and above
- Member of Perbadanan Insurans Deposit Malaysia
Protected by Perbadanan Insurans Deposit Malaysia up to RM250,000 for each depositor*.
*Click here for more details on PIDM protection.