CIMB Singapore reduces fixed deposit rates, caps at 2.3% p.a. from 1 May 2025

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CIMB Singapore has made a revision to its fixed deposit interest rates

In its latest update, CIMB Singapore has lowered the fixed deposit (FD) interest rates for all tenures, marking a decrease compared to the revision made on 1 April 2025.

CIMB Fixed Deposit Interest Rates as of 1 May 2025

Customers may refer to the updated interest rates for different deposit tenures outlined below:

TENUREPERSONAL BANKING

ONLINE PROMO INTEREST RATE (%P.A.)

S$10,000 AND ABOVE

PREFERRED BANKING

ONLINE PROMO INTEREST RATE (%P.A.)

S$10,000 AND ABOVE

3 Months2.252.30
6 Months2.102.15
9 Months1.952.00
12 Months1.952.00

How to Take Advantage of CIMB’s Fixed Deposit Rates

To qualify for these promotional rates, customers are required to place a minimum deposit of S$10,000. The revised rates apply to both Personal Banking and Preferred Banking clients who opt for online deposits.

Customers are encouraged to review the full terms and conditions of the CIMB Fast Fixed Deposit Promotion, which is accessible here.

Alternative Fixed Deposit Options from CIMB

For individuals seeking immediate interest payouts, CIMB also offers the Why Wait Fixed Deposit-I Account. This alternative allows customers to receive interest upfront, but please note that preferred promotional rates are not applicable to this product.

Comparing Fixed Deposit Rates in Singapore

To view all current fixed deposit promotions from CIMB Singapore, visit the official CIMB fixed deposit page.

For a wider comparison of the best fixed deposit interest rates in Singapore, explore a detailed list here.

Despite the recent reduction in rates, CIMB Singapore continues to provide competitive fixed deposit offerings for savers. Customers are encouraged to assess their financial objectives and consider locking in the current promotional rates before any additional rate revisions are made.

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