CIMB Singapore SGD fixed deposit promo offers up to 1.50% p.a. from 20 Jun 2026

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CIMB Bank Singapore has refreshed its Singapore Dollar Fixed Deposit promotional rates, with online placements now offering up to 1.50% p.a. for Preferred Banking customers and up to 1.45% p.a. for Personal Banking customers.

Update: CIMB Singapore SGD fixed deposit offers up to 1.50% p.a. from 1 Jul 2026

The promotion runs from 20 Jun 2026, with promotional rates ranging from 1.30% p.a. to 1.50% p.a. depending on customer segment and selected tenor.

This refresh also lifts the 12-month tenor to the same headline level as the 9-month tenor. Compared with the earlier 1 Jun 2026 update, the 12-month rate has moved up from 1.40% to 1.45% p.a. for Personal Banking and from 1.45% to 1.50% p.a. for Preferred Banking. 💹 For context, the 20 Jun refresh keeps CIMB’s headline rate at 1.50% p.a. while improving the 12-month tenor versus the 1 Jun update.

For savers looking for predictable SGD returns, a fixed deposit can be a simple way to set aside cash for a fixed period without daily market fluctuations. The key consideration is liquidity: funds are intended to remain in the placement until maturity, and early withdrawal may reduce or remove the promotional interest benefit. 🏦

📌 Key highlights

• Promotion period: Available from 20 Jun 2026
• Placement channel: Online placements through CIMB digital banking channels.
• Minimum placement: S$10,000 per placement.
• Maximum placement: Up to S$1,000,000 per placement. Multiple placements may be made in an eligible account, while placements above S$1,000,000 are subject to CIMB’s discretion.
• Eligible account types: Personal and joint accounts.
• Highest listed rate: 1.50% p.a. for Preferred Banking customers on the 9-month and 12-month tenors.
• Best Personal Banking rate: 1.45% p.a. on the 9-month and 12-month tenors.
• Preferred Banking uplift: Preferred Banking rates are 0.05 percentage point p.a. higher than Personal Banking rates across all listed tenors. 💹
• Rate certainty: Once the fixed deposit is successfully placed, the applicable promotional rate is fixed until maturity.
• Maturity handling: Unless other maturity instructions are provided, principal and interest may be renewed at CIMB’s prevailing promotional rate, if available, or the board rate for the same tenor.

Existing customers can refer to CIMB’s SGD Fixed Deposit placement guide for existing customers (PDF), which covers the online placement steps, including tenor selection, placement amount, maturity instruction, source of funds and source of wealth.

📊 CIMB Singapore SGD Fixed Deposit promotional rates

The promotional rates below apply to online SGD Fixed Deposit placements from S$10,000 to S$1,000,000 per placement. The 9-month and 12-month tenors currently offer the highest listed rates for both Personal Banking and Preferred Banking customers.

💡 How to read the rates

The 9-month and 12-month tenors stand out in this promotion, with 1.45% p.a. for Personal Banking customers and 1.50% p.a. for Preferred Banking customers.

Shorter tenors such as 3 months and 6 months may suit funds that need to remain relatively accessible. Longer tenors such as 9 months and 12 months may suit funds that can stay untouched for a longer period in exchange for the highest listed promotional rates. 📈

🔎 Eligibility and placement details

• The promotion is open to eligible new and existing CIMB Singapore customers, subject to onboarding, account approval and bank checks.
• For applications through CIMB’s online application form, a CIMB FastSaver account will be opened to support the SGD Fixed Deposit placement.
• New online applicants need to complete account opening by transferring funds from another bank in Singapore into the new CIMB FastSaver account.
• The CIMB FastSaver account will be used for the FD placement and for receiving funds upon maturity.
• Existing customers can place fixed deposits through CIMB’s online channels, subject to approval and checks.
• Preferred Banking customers should confirm the applicable customer segment and displayed promotional rate before confirming placement, as CIMB publishes separate Personal Banking and Preferred Banking promotional rates.
• The promotion cannot be combined with other offers, promotions or privileges unless CIMB allows otherwise.
• Promotional rates may be changed or withdrawn, so the prevailing rate and terms should be reviewed before placement.

⚠️ Early withdrawal considerations

A fixed deposit is usually most suitable when the funds can remain untouched until maturity. For early termination, CIMB’s promotional fixed deposit rates will not apply. Interest may be lower or zero, and interest is payable only for each completed quarter. Cash flow planning is therefore important before selecting the placement amount and tenor.

🛡️ Deposit protection note

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

Read CIMB’s official SGD Fixed Deposit product page and CIMB Fast Fixed Deposit Promotion Terms & Conditions (PDF) for full eligibility rules, approval requirements, maturity instructions and early withdrawal terms.

💡 Alternative option: CIMB Why Wait Fixed Deposit-i

CIMB also offers the Shariah-compliant Why Wait Fixed Deposit-i Account, which is structured differently from a conventional fixed deposit, with profit paid upfront instead of at maturity.

Because the structure differs, the final return experience may not mirror the promotional SGD Fixed Deposit rates above. Product terms should be compared carefully, especially conditions linked to early termination, upfront profit treatment, rebate/ibra’ and how the Security Deposit is handled.

CIMB’s live Why Wait Fixed Deposit-i product page lists online promo profit rates for S$10,000 and above at 1.30% p.a. for 3 months, 1.35% p.a. for 6 months, 1.45% p.a. for 9 months and 1.40% p.a. for 12 months. These rates are separate from the SGD Fixed Deposit Personal/Preferred Banking table above and should be checked again before placement.

🔎 Compare before locking in

Fixed deposit rates in Singapore can move as banks adjust to market conditions. Before placing funds, compare tenors across banks and decide whether shorter-tenor flexibility or longer-tenor certainty better fits current savings plans. 📉📈

• Compare other savings and fixed deposit options in Singapore: Singapore deposit rate comparison guide
• View CIMB’s official product information: CIMB SGD Fixed Deposit page

✅ Bottom line

CIMB Singapore’s refreshed SGD Fixed Deposit promotion gives savers a straightforward online placement option, with the highest listed rate at 1.50% p.a. for Preferred Banking customers on the 9-month and 12-month tenors. Personal Banking customers also get the strongest listed rate on the same tenors, at 1.45% p.a.. Review the latest bank terms before placing funds, especially for early withdrawal, maturity instructions and account eligibility.

All rates and promotions are subject to change at CIMB’s discretion. Check the latest terms and prevailing rates directly with the bank before making any fixed deposit placement.

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