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Effective 5 September 2025, CIMB Bank Singapore has adjusted its promotional Fixed Deposit (FD) rates downwards once again
The highest rate is now 1.35% p.a., and this is reserved for Preferred Banking customers who place their deposits via CIMB online banking.
This comes shortly after the 1 September 2025 revision, when CIMB had offered a peak rate of 1.45% p.a. With this new cut, depositors will see slightly lower returns across all available tenors.
📊 CIMB Fixed Deposit Rates (Effective 5 Sep 2025)
These rates are exclusively for online placements. A minimum deposit of S$10,000 applies, regardless of whether you are a Personal Banking or Preferred Banking customer.
| TENOR | PERSONAL 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 Months | 1.30 | 1.35 |
| 6 Months | 1.30 | 1.35 |
| 9 Months | 1.10 | 1.15 |
| 12 Months | 1.10 | 1.15 |
Preferred Banking clients consistently enjoy a modest edge, rewarding those with deeper banking relationships.
📌 Who Can Apply & How
- Available to both new and existing CIMB Singapore customers.
- Deposits must be placed online only.
- A minimum placement of S$10,000 is required per deposit.
- Be sure to review the official Fixed Deposit Promotion Terms & Conditions before committing.
💡 Alternative Option: Why Wait Fixed Deposit-I
Savers who prefer to receive returns upfront may consider CIMB’s Why Wait Fixed Deposit-I Account. This Shariah-compliant product offers an immediate payout feature, though Preferred Banking customers do not enjoy enhanced rates for this plan.
🔎 Compare Before You Decide
Interest rates vary across banks, and it is always wise to compare. CIMB’s promotion should be evaluated alongside other banks’ FD offers. A useful resource is the comprehensive deposit rate comparison guide regularly updated for Singapore savers.
For full details and the latest updates, visit CIMB’s official Fixed Deposit page.
CIMB Singapore’s move to reduce its Fixed Deposit promotional rates reflects a tightening interest rate environment. While the returns are still competitive compared to some peers, customers seeking the best yields should actively compare across banks. For those prioritising flexibility or upfront returns, CIMB’s Why Wait Fixed Deposit-I may also be worth considering.
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