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CIMB Bank Singapore has made a fresh adjustment to its promotional Fixed Deposit (FD) interest rates, effective from 8 August 2025.
The highest return available remains unchanged at 1.65% per annum, reserved for Preferred Banking customers placing funds online.
This revision follows closely on the heels of an earlier change made on 1 August 2025, during which the maximum promo rate was adjusted downward. This time, CIMB has nudged the 6-month tenor upwards by 0.05%, signalling a slight boost for medium-term savers.
📊 CIMB Fixed Deposit Rates (Effective 8 Aug 2025)
These rates are exclusively available for online placements. A minimum placement of S$10,000 applies for both Personal and Preferred Banking segments.
| TENOR | PERSONAL BANKING ONLINE PROMO INTEREST RATE (% P.A.) | PREFERRED BANKING ONLINE PROMO INTEREST RATE (% P.A.) |
|---|---|---|
| 3 Months | 1.60 | 1.65 |
| 6 Months | 1.55 | 1.60 |
| 9 Months | 1.30 | 1.35 |
| 12 Months | 1.30 | 1.35 |
While the headline rate remains at 1.65% p.a., the tiered structure ensures Preferred Banking clients consistently earn slightly higher returns compared to Personal Banking customers. This design rewards loyal and higher-value customers.
📝 Key Features & Benefits
- Exclusively digital – placements must be made via CIMB online banking.
- Minimum S$10,000 – accessible for mass market customers, not just high-net-worth.
- Stable returns – FD remains a low-risk, capital-protected savings vehicle.
- Tiered rewards – Preferred Banking members enjoy higher rates.
📌 Eligibility & How to Apply
Open to both new and existing CIMB account holders in Singapore. Customers simply log in to their internet banking account to place their FD and must meet the minimum placement requirement of S$10,000. Terms apply, and it is important to review the official Fixed Deposit Promotion Terms & Conditions before committing funds.
💡 Alternative: Why Wait Fixed Deposit-I
For those who prefer to receive returns upfront instead of at maturity, CIMB also offers the Why Wait Fixed Deposit-I Account. This Shariah-compliant product provides an instant payout model, though it does not come with the same promotional tiered rates.
🔎 Compare Across the Market
Savers looking to maximise returns may want to benchmark these rates against other banks. A full deposit rate comparison guide is available for those evaluating competing offers across Singapore.
✅ Conclusion
While the headline rate has remained at 1.65% p.a. since the 1 August 2025 revision, this update on 8 August 2025 provides a small lift for the 6-month tenor, making it more attractive for mid-term depositors. With a relatively low entry requirement of S$10,000 and preferential tiers for Preferred Banking clients, CIMB’s FD promotion continues to be a safe, reliable, and rewarding way for savers in Singapore to grow their funds.
More details and the latest updates can be found on CIMB’s official FD page.
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