CIMB Singapore SGD FD promo now up to 1.40% p.a. from 11 May 2026

We are now on Telegram. Click to join

CIMB Bank Singapore has refreshed its promotional Singapore Dollar Fixed Deposit rates, with online placements now offering up to 1.40% p.a.

The latest update follows the earlier 1 Apr 2026 adjustment, with the 9-month promotional tier moving up by 0.05 percentage point.

For savers who prefer predictable SGD returns without daily market volatility, a fixed deposit remains a straightforward park-and-hold option

📌 Quick highlights

• Promo period: Available from 11 May 2026.
• Application channel: Online placements only via CIMB digital banking channels 📲.
• Minimum placement: S$10,000 per placement 💵.
• Maximum placement: Up to S$1,000,000 per placement; multiple placements may be allowed.
• Eligible accounts: Personal and joint accounts are eligible for this promotion.
• Rate certainty: Once the placement is made, the applicable promotional rate is fixed until maturity.
• Preferred Banking uplift: Preferred Banking rates are consistently 0.05 percentage point p.a. higher than Personal Banking rates across all listed tenors ✨.
• Maturity handling: Unless different maturity instructions are provided, the principal and interest may be renewed at CIMB’s prevailing promotional rate, if available, or the board rate for the same tenor.
• Important: Promotional rates can change or be withdrawn, so review the bank’s prevailing terms before placing funds.

📊 CIMB Singapore SGD Fixed Deposit promotional rates

The online promotional rates below apply to SGD Fixed Deposit placements with a minimum of S$10,000 and a maximum of S$1,000,000 per placement.

The highest listed rate is 1.40% p.a., available on the 9-month tenor for Preferred Banking customers. Personal Banking customers receive up to 1.35% p.a. on the 9-month tenor. The 0.05 percentage point Preferred Banking uplift may look small, but it can still make a visible difference on larger deposits.

🔎 Eligibility and online placement details

• Open to new and existing CIMB Singapore customers, subject to the bank’s usual onboarding, account approval and eligibility checks.
• For applications via CIMB’s online application form, a CIMB FastSaver account will be opened to facilitate the SGD Fixed Deposit placement ✅.
• New online applicants are instructed to complete account opening by transferring funds from another bank in Singapore into the new CIMB FastSaver, which is used for FD placement and returns upon maturity.
• Existing customers can generally place the fixed deposit through CIMB’s online channels, subject to CIMB’s approval and checks.
• Before selecting a tenor, consider cash flow needs carefully. For early termination, CIMB’s promotional fixed deposit rates will not apply; interest may be lower or zero, and interest is payable only for each completed quarter.
• This promotion cannot be used together with other offers, promotions or privileges unless CIMB says otherwise.
• Preferred Banking customers should ensure their Preferred status is recognised before placing funds, since CIMB publishes separate Personal Banking and Preferred Banking promotional rates.
• Deposit protection note 🛡️: Singapore dollar deposits of non-bank depositors are insured up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
• Review CIMB’s official SGD Fixed Deposit product page and CIMB Fast Fixed Deposit Promotion Terms & Conditions (PDF) for eligibility rules, approval requirements, maturity instructions and early withdrawal consequences.

💡 Alternative option: CIMB Why Wait Fixed Deposit-i

For savers who prefer returns credited upfront, CIMB also offers the Shariah-compliant Why Wait Fixed Deposit-i Account. This option is structured differently from a conventional fixed deposit, with expected profit credited at the start of the tenor.

Because the structure differs, the final outcome may not mirror the promotional SGD Fixed Deposit rates shown above. Compare the product terms closely, especially conditions linked to early termination, profit treatment and any clawback arrangements.

🔎 Compare before locking in

Fixed deposit rates in Singapore can move as banks adjust to market conditions 📉📈. Before placing funds, compare the available tenors across banks and decide whether short-tenor flexibility or longer-tenor certainty better fits current savings needs.

• Compare other savings and fixed deposit options in Singapore: Singapore deposit rate comparison guide
• View CIMB’s official product information: CIMB SGD Fixed Deposit page

Bottom line: CIMB’s latest online SGD Fixed Deposit promotion may suit savers looking for a simple, low-maintenance place to park spare cash in Singapore. The 9-month tenor currently stands out, especially for Preferred Banking customers, while the shorter tenors may appeal to those who prefer quicker access to funds.

All rates and promotions are subject to change at CIMB’s discretion. Check the latest terms and prevailing rates directly with the bank before making any fixed deposit placement.

Share this with your friends & loved ones on Facebook!