CIMB Singapore SGD fixed deposit offers up to 1.75% p.a. from 7 Aug 2026

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CIMB Bank Singapore has refreshed its online Singapore Dollar Fixed Deposit promotion, offering up to 1.75% p.a. for eligible Preferred Banking placements and up to 1.70% p.a. for Personal Banking placements.

The promotion runs from 7 August 2026 to 31 August 2026, unless CIMB ends it earlier at its discretion. Eligible placements start from S$10,000, with a maximum of S$1,000,000 per placement. Multiple placements may be held in an eligible account, while any amount above S$1,000,000 remains subject to the bank’s approval.

The strongest listed rate is available on the nine-month and 12-month tenors for Preferred Banking customers. Compared with the earlier 1 August 2026 update, the new maximum is 0.15 percentage points higher 💹.

A fixed deposit may suit cash that can remain untouched for a chosen period. The benefit is a known promotional rate after successful placement; the trade-off is reduced access to funds before maturity.

📌 Key promotion details

• Placement channel: Online through CIMB’s digital application and banking channels.
• Eligible applicants: New and existing CIMB Singapore customers, subject to account approval, funding and bank checks.
• Eligible ownership: Personal and joint accounts only.
• Minimum placement: S$10,000 for each promotional placement.
• Maximum placement: S$1,000,000 per placement; larger amounts may be accepted at CIMB’s discretion.
• Rate lock: Once a qualifying placement is completed, its promotional rate remains fixed until maturity.
• Preferred Banking uplift: 0.05 percentage point above the Personal Banking rate for every listed tenor.
• Funding deadline: Funds, documents, information and required checks must all be completed within the promotional period.
• Combination with other offers: Not allowed unless CIMB permits otherwise.

📊 CIMB SGD Fixed Deposit online promotional rates

The table below applies to qualifying online placements of S$10,000 and above.

📝 How online placement works

1. Start the online application: MyInfo may be used for a new application.
2. Complete account opening: Online applicants will have a CIMB FastSaver account opened to facilitate the placement.
3. Transfer the funds: New applicants fund the CIMB FastSaver account from another bank in Singapore.
4. Complete verification: Required documents and checks must be completed; a video call may be conducted for verification.
5. Confirm the fixed deposit: Review the customer segment, tenor, amount, rate and maturity instruction before submission.

Existing customers can refer to CIMB’s SGD Fixed Deposit placement guide for existing customers (PDF). It covers tenor selection, placement amount, maturity instructions, source-of-funds details and source-of-wealth declarations.

⏳ Early withdrawal and maturity

Early termination removes the promotional-rate entitlement and may result in lower or no interest. CIMB’s terms indicate that interest is payable only for completed quarters; for example, a withdrawal after five months may receive interest for three months only. Unless different maturity instructions are provided, principal and interest are renewed at the prevailing promotional rate, when available, or the board rate for the same tenor.

🛡️ Deposit insurance reminder

Eligible Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation for up to S$100,000 in aggregate per depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

💡 Alternative: CIMB Why Wait Fixed Deposit-i

The CIMB Why Wait Fixed Deposit-i Account uses the Murabahah concept and pays profit upfront instead of at maturity.

For online placements of S$10,000 and above, its displayed promotional profit rates are 1.35% p.a. for three months, 1.65% p.a. for six months, and 1.70% p.a. for nine and 12 months. These figures match the conventional Personal Banking rates across all four listed tenors.

Compare liquidity needs, maturity instructions and alternative deposit rates before committing funds. 📌

• Compare other savings and fixed-deposit choices in the Singapore deposit rate comparison guide.
• Review CIMB’s official SGD Fixed Deposit product page and confirm the displayed rate before completing a placement.
• Read the CIMB Fast Fixed Deposit Promotion Terms & Conditions (PDF).
• For another current 1.75% p.a. headline, compare the RHB Bank Singapore fixed-deposit promotion from 1 August 2026, which requires at least S$20,000.

Rates, eligibility and promotional availability may change at CIMB’s discretion. Confirm the final rate and terms directly with the bank before placement.

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