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CIMB Singapore latest fixed deposit rates offers up to 3.30% p.a.
UPDATE 16 Aug: CIMB Singapore Latest Fixed Deposit Rates Offers Up to 3.10% p.a. from 16 Aug 2024
Effective from 1 Aug 2024, CIMB Singapore introduces a revised interest rate structure for its fixed deposits. Savers can now enjoy rates up to 3.30% p.a. on a 6-month tenure, providing a secure and attractive option for those looking to grow their savings. This adjustment comes after a slight reduction in rates compared to the previous month’s offer of up to 3.40% p.a. for the same period.
The revised rates reflect a decrease of 0.1% to 0.15%, depending on the tenure and banking category. Specifically, for Personal Banking customers, the 3-month tenure now offers 3.15% p.a., down by 0.1%, and the 6-month tenure offers 3.25% p.a., a decrease of 0.15%. Preferred Banking customers see a similar adjustment, with the 3-month rate now at 3.20% p.a. and the 6-month rate at 3.30% p.a., each reduced by 0.1%.
Interest Rates as of 1 Aug 2024
The table below outlines the updated interest rates across different tenures:
| TENURE | 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 | 3.15 | 3.20 |
| 6 Months | 3.25 | 3.30 |
| 9 Months | 3.00 | 3.05 |
| 12 Months | 2.95 | 3.00 |
Terms & Conditions apply for the CIMB Fast Fixed Deposit Promotion. To view the full Terms & Conditions, please click here.
Further details about this promotion, including other benefits, can be found on CIMB Singapore’s official fixed deposit page. Additionally, customers have the option to opt for the Why Wait Fixed Deposit-I Account, offering interest upfront, though Preferred rates are not applicable for this account.
For those interested in exploring the most competitive fixed deposit rates available in Singapore, a comprehensive list can be found here.
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