CIMB Singapore New Fixed Deposit Rates Offers Up to 3.40% p.a. From 1 July 2024

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CIMB Singapore has enhanced fixed deposit rates, providing returns of up to 3.40% p.a.

Starting from 1 July 2024, CIMB customers can earn up to 3.40% p.a. on a 6-month fixed deposit placement.

This marks a significant increase compared to the previous rates announced on 18 June, where the 6-month rate has risen by 0.15%, though the 9-month rate has seen a decrease of 0.30%.

Interest Rates as of 1 July 2024

The table below highlights the new interest rates for various deposit 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	3.25	3.30
6 Months	3.40	3.40
9 Months	3.00	3.05
12 Months	2.95	3.00

It is important to note that these rates are subject to change, and participants in the CIMB Fast Fixed Deposit Promotion should review the applicable Terms & Conditions. For full details, please click here.

Additional information about this promotion can also be found on CIMB Singapore’s dedicated fixed deposit page. Moreover, customers have the option to receive their interest upfront with the Why Wait Fixed Deposit-I Account but note that Preferred rates are not available for this.

For those seeking the most competitive fixed deposit rates in Singapore, further options are available here.

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