CIMB Singapore offers flat 3.50% p.a. on incremental fresh funds from 1 June 2024 UPDATED 9 Jul 2024

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CIMB Singapore has announced a flat interest/profit rate of 3.50% p.a. on incremental fresh funds, with no upper limit on the interest earned and no lock-in for the investment.

The reference month for comparison varies. Please refer to the official website for updated info

Customers looking to benefit from this promotion must deposit a minimum of S$5,000 in incremental fresh funds into their accounts

To be eligible for the bonus interest/profit for the current month, the month-end incremental balance must exceed S$5,000 in fresh funds compared to the end-of-day balance of the reference month.

The promotion is applicable to both Starsaver and Fastsaver accounts, offering a significant opportunity for savers to increase their returns.

Starsaver

Earn a flat interest rate of 3.50%** p.a. by simply topping up a minimum of S$5,000 incremental fresh funds# into your account

Account BalancePrevailing Interest Rate (p.a.)*Bonus Interest Rate (p.a.)**Total Interest Rate (p.a.)**
First S$100,0001.50%2.00%3.50%
Next S$150,0002.50%1.00%
Above S$250,0003.50%0.00%

Fastsaver

Earn a flat interest rate of 3.50%** p.a. by simply topping up a minimum of S$5,000 incremental fresh funds# into your account

Moreover, credit your salary or set up scheduled recurring transfers (Standing Instructions via GIRO) of minimum S$1,000 into your CIMB FastSaver Account to earn additional interest rate of 0.50%^ p.a. on the first S$25,000 of your CIMB FastSaver Account balance.

Account BalancePrevailing Interest Rate (p.a.)*Bonus Interest Rate (p.a.)**Total Interest Rate (p.a.)**
First S$25,0001.50%2.00%3.50%
Next S$25,0002.50%1.00%
Next S$25,0003.50%0.00%
Above S$75,0000.80%2.70%

For more information on how to maximise your savings with this offer, click here.

Check out a round-up of the best Singapore fixed deposit rates here

*Interest accrued daily and credited monthly. Daily interest will be paid on the entire daily end-of-day balance, provided that the prevailing interest earned is at least $0.01 at the end of the month.

** Terms and conditions governing the CIMB Current/Savings Account Interest/ Profit Promotion apply. Refer to website for details

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