CIMB Singapore SGD Fixed Deposit promo rates now up to 1.50% p.a. from 1 Jun 2026

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CIMB Bank Singapore has refreshed its Singapore Dollar Fixed Deposit promotional rates, with online placements offering up to 1.50% p.a. for Preferred Banking customers and up to 1.45% p.a. for Personal Banking customers. 💰

The refreshed offer is available from 1 Jun 2026 and follows the earlier 11 May 2026 adjustment, with rates moving higher by up to 0.10 percentage point p.a. for selected tenors.

For savers seeking predictable Singapore Dollar returns without day-to-day market swings, a fixed deposit remains a simple way to park spare cash for a chosen period. The trade-off is liquidity: funds are meant to stay locked in until maturity, and early withdrawal can reduce or remove the promotional interest benefit.

📌 Key highlights

• Promotion start: Available from 1 Jun 2026.
• Placement channel: Online placements only through 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 made in an Eligible Account, while any placement above S$1,000,000 is subject to CIMB’s discretion.
• Eligible account types: Personal and joint accounts.
• Highest listed rate: 1.50% p.a. for Preferred Banking customers on the 9-month tenor.
• Best Personal Banking rate: 1.45% p.a. on the 9-month tenor.
• Preferred Banking uplift: Preferred Banking rates are 0.05 percentage point p.a. higher than Personal Banking rates across every listed tenor 💹.
• Rate certainty: Once the fixed deposit is placed successfully, the applicable promotional rate is fixed until maturity.
• Maturity handling: Unless other maturity instructions are given, principal and interest shall be renewed at CIMB’s prevailing promotional rate, if available, or the board rate for the same tenor.

For placement guidance, existing customers can refer to CIMB’s SGD Fixed Deposit placement guide for existing customers (PDF), which shows the in-app steps for selecting tenor, placement amount, maturity instruction, source of funds and source of wealth.

📊 CIMB Singapore SGD Fixed Deposit promotional rates

The online promotional rates below apply to Singapore Dollar Fixed Deposit placements from S$10,000 to S$1,000,000 per placement. The 9-month tenor currently gives the highest listed return for both Personal Banking and Preferred Banking customers.

💡 What the rates mean

The 9-month tenor stands out as the strongest option in this promotional table, with 1.45% p.a. for Personal Banking and 1.50% p.a. for Preferred Banking customers. The 12-month tenor is slightly lower than the 9-month tenor, so a longer lock-in does not automatically mean a higher promotional rate in this refresh.

For funds that may be needed soon, the 3-month or 6-month tenors provide shorter commitment periods. For funds that can remain untouched for longer, the 9-month tenor may be more attractive due to the highest listed rates. 🏦

🔎 Eligibility and placement details

• Open to new and existing CIMB Singapore customers, subject to CIMB’s onboarding, account approval and eligibility checks.
• For applications through CIMB’s online application form, a CIMB FastSaver account will be opened to support the SGD Fixed Deposit placement.
• New online applicants need to complete account opening by transferring funds from another bank in Singapore into the new CIMB FastSaver account. This account is used for the FD placement and for returns upon maturity.
• Existing customers can place the fixed deposit through CIMB’s online channels, subject to approval and checks.
• Preferred Banking customers should ensure Preferred status is reflected before placement, as CIMB publishes separate Personal Banking and Preferred Banking promotional rates.
• The promotion cannot be combined with other offers, promotions or privileges unless CIMB allows otherwise.
• Promotional rates may be changed or withdrawn, so review the prevailing rate and terms before placing funds.

⚠️ Early withdrawal considerations

A fixed deposit works best when the funds can remain untouched until maturity. 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 makes cash flow planning important before choosing the placement amount and tenor.

🛡️ 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.

Read CIMB’s official SGD Fixed Deposit product page and CIMB Fast Fixed Deposit Promotion Terms & Conditions (PDF) for the full eligibility rules, approval requirements, maturity instructions and early withdrawal terms.

💡 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 product is structured differently from a conventional fixed deposit, with expected profit credited at the start of the tenor.

Because the structure differs, the final return experience may not mirror the promotional SGD Fixed Deposit rates above. Compare the product terms carefully, especially conditions linked to early termination, profit treatment and any clawback arrangement.

For reference, CIMB’s listed Why Wait Fixed Deposit-i online promo profit rates for S$10,000 and above are 1.30% p.a. for 3 months, 1.35% p.a. for 6 months, 1.45% p.a. for 9 months and 1.40% p.a. for 12 months, subject to change.

🔎 Compare before locking in

Fixed deposit rates in Singapore can shift as banks adjust to market conditions 📉📈. Before placing funds, compare tenors across banks and decide whether shorter-tenor flexibility or longer-tenor certainty better suits 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 Singapore’s refreshed SGD Fixed Deposit promotion is useful for savers who want a straightforward place to park funds online, with the highest listed rate currently at 1.50% p.a. for Preferred Banking customers on the 9-month tenor. For Personal Banking customers, the 9-month tenor also leads the table at 1.45% p.a.. Always review the latest bank terms before placing funds, especially for early withdrawal and maturity instructions.

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.

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