CIMB Singapore offers up to 1.35% p.a. fixed deposit promo rates from 1 Jan 2026

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From 1 Jan 2026, CIMB Bank Singapore has rolled out refreshed promotional Fixed Deposit (FD) rates for both Personal Banking and Preferred Banking customers.

Following the earlier 1 Dec 2025 adjustment, CIMB’s headline promotional rate remains unchanged at up to 1.35% p.a. for eligible customers who place their fixed deposits via online channels. Notably, there is a 0.05% increase across 6-month tenors, reinforcing CIMB’s effort to stay competitive for short- to mid-term savers.

The highest advertised rate of 1.35% p.a. is reserved for Preferred Banking customers who place their FDs online. Personal Banking customers receive slightly lower, yet still stable, promotional rates across the same tenors. Across both segments, the minimum placement is S$10,000 per transaction, and the promotion is strictly online-only.

These promotional rates may appeal to Singapore-based savers seeking predictable Singapore dollar returns, especially those comfortable setting aside funds for a defined period without exposure to market volatility.

📊 CIMB Fixed Deposit Rates (Effective 1 Jan 2026)

The following promotional rates apply to online placements only. Each placement requires a minimum deposit of S$10,000, whether under Personal Banking or Preferred Banking.

The rate gap between Personal Banking and Preferred Banking is modest but consistent across all tenors, effectively rewarding customers who maintain a deeper banking relationship with CIMB.

🔎 Eligibility & placement details

• Open to new and existing CIMB Singapore customers, subject to CIMB’s standard onboarding and eligibility requirements.
• Online placement only: Fixed deposits under this promotion must be placed via CIMB’s digital banking platforms; branch placements do not qualify.
• Minimum S$10,000 per placement in a single tranche for each selected tenor.
• A CIMB current or savings account is typically required to fund the FD and receive interest upon maturity.
• Customers should always review the official Terms & Conditions (PDF) before committing funds, to understand eligibility rules, fees, and early withdrawal consequences.

📌 Key considerations before choosing a tenor

• Early withdrawal risk: Withdrawing before maturity may result in partial or zero interest, depending on CIMB’s prevailing rules.
• Liquidity planning: Funds are locked in for the chosen tenor (3, 6, 9 or 12 months), so customers should retain adequate cash for day-to-day needs and emergencies.
• FD laddering: Some savers spread funds across multiple tenors to create staggered maturities, improving flexibility and reinvestment options.
• Interest payout timing: Conventional FDs typically pay interest at maturity, which may not suit those seeking periodic or upfront returns.

💡 Alternative option: Why Wait Fixed Deposit-I

Customers who prefer returns paid upfront can consider CIMB’s Shariah-compliant Why Wait Fixed Deposit-I Account. Unlike conventional FDs, this product credits the expected profit at the start of the tenor.

However, it is structured differently and does not offer the higher Preferred Banking promotional rates. Customers should therefore compare the effective return carefully against the standard fixed deposit rates above.

🔎 Compare before committing

Fixed deposit rates in Singapore fluctuate as banks respond to market conditions. Before locking in funds, it is prudent to compare CIMB’s offers with those from other local banks.

Savers can refer to this regularly updated Singapore deposit rate comparison guide to benchmark CIMB’s promotional rates against the wider market.

For official and most comprehensive information, including eligibility criteria, features and charges, customers should consult CIMB’s Fixed Deposit page.

All rates and promotions are subject to change at CIMB’s discretion. Customers are advised to verify the latest terms and prevailing rates directly with the bank before placing any fixed deposit.

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