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| Starts | 1 Aug 2024 (Thu) | Ends | 31 Aug 2024 (Sat) |
|---|---|---|---|
| Location | Not Specified |
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CIMB Singapore has launched an enticing offer for both new and existing customers, providing a flat 3.40% p.a. interest/profit rate on incremental fresh funds.
This promotional rate is available till 31 October 2024, with no cap on the amount of interest that can be earned and no lock-in period. The offer targets fresh funds, defined as those not transferred from any existing CIMB accounts.
To qualify for this attractive interest rate, customers need to deposit a minimum of S$5,000 in incremental fresh funds between 1 to 31 August 2024, compared to their account balance as of 31 July 2024. This promotion is available across several CIMB accounts, including FastSaver, StarSaver, and Junior Saver accounts, each offering varying interest tiers based on account balance.
Interest / Profit Rates Overview
For CIMB FastSaver / FastSaver-i Account
| Account Balance | Prevailing Interest / Profit Rate (p.a.) | Bonus Interest / Profit Rate (p.a.) | Total Interest / Profit Rate (p.a.) | Additional Interest / Profit Rate (p.a.)^ |
|---|---|---|---|---|
| First S$25,000 | 1.50% | 1.90% | 3.40% | 0.50% [how?] |
| Next S$25,000 | 2.50% | 0.90% | – | |
| Next S$25,000 | 3.50% | 0.00% | 3.50% | – |
| Above S$75,000 | 0.80% | 2.60% | 3.40% | – |
For CIMB StarSaver / StarSaver-i / StarSaver (Savings) / StarSaver (Savings)-i Account
| Account Balance | Prevailing Interest / Profit Rate (p.a.) | Bonus Interest / Profit Rate (p.a.) | Total Interest / Profit Rate (p.a.) |
|---|---|---|---|
| First S$100,000 | 1.50% | 1.90% | 3.40% |
| Next S$150,000 | 2.50% | 0.90% | |
| Above S$250,000 | 3.50% | 0.00% | 3.50% |
For CIMB Junior Saver Account
| Account Balance | Prevailing Interest / Profit Rate (p.a.) | Bonus Interest / Profit Rate (p.a.) | Total Interest / Profit Rate (p.a.) |
|---|---|---|---|
| First S$5,000 | 1.50% | 1.90% | 3.40% |
| Next S$20,000 | 2.50% | 0.90% | |
| Next S$25,000 | 3.50% | 0.00% | 3.50% |
| Above S$50,000 | 0.80% | 2.60% | 3.40% |
Comparison month refers to end-of-day balance on 31 July 2024. To qualify for bonus interest / profit for the current month, month-end incremental balance for the current month needs to be more than S$5,000 in fresh funds# compared against the comparison month end-of-day balance.
Terms and conditions apply, governing the CIMB CASA Bonus Interest/Profit Promotion August 2024. For detailed information, please click here.
For more information on this promotion, click here. Additionally, discover the best fixed deposit rates in Singapore to further grow your savings.
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