TMB Up & Up Term Deposit Account : This is a new product in the category of 24-month Term Deposit Account that offers special interest rate where the interest rate will increase every 6 months. In addition, clients will have more flexibility to withdrawn the money anytime before maturity without any penalty.
This is a new product in the category of 24-month Term Deposit Account that offers special interest rate where the interest rate will increase every 6 months. In addition, clients will have more flexibility to withdrawn the money anytime before maturity without any penalty.
Provide more control on your savings. No withdrawal conditions, simply get interest rate based on the period of money deposited.
Interest rate is increased in every 6 months with maximum rate at 6% p.a.(for individuals)
Give you more convenient as interest paid will be automatically transferred to the linked savings account or currenct account based on customer preference.
| Interest Rate (p.a.) | TMB Up & Up | Other Time Deposit Return on early withdrawal |
|
| Return on maturity | Return on early withdrawal | ||
Month 1-6 |
1.50 % | 1.50 % | Normal Saving Interest rate |
Month 7-12 |
2.00 % | 2.00 % | |
Month 13-18 |
3 % | 3 % | |
Month 19-24 |
5.50 % | 5.50 % | |
Average Interest rate of TMB Up & UP is 3.00 % * Exclusive for only individuals
