CIMB Singapore SGD Fixed Deposit promo up to 1.35% p.a. from 1 Apr 2026

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From 1 Apr 2026, CIMB Bank Singapore has refreshed its promotional Singapore Dollar (SGD) Fixed Deposit (FD) rates for both Personal Banking and Preferred Banking customers.

Following the earlier 1 Mar 2026 adjustment, the headline online promotional rate remains at up to 1.35% p.a. for eligible placements. The 9-month promotional tier is also positioned more attractively.

For savers based in Singapore seeking steady SGD returns without daily market swings, fixed deposits are a simple “park-and-hold” option: funds are placed for a chosen tenor and typically earn interest for that period, with proceeds received at maturity.

📌 Quick highlights (online promo)

• Promo period: 1 Apr 2026 to 30 Apr 2026, unless ended earlier at CIMB’s discretion.
• Eligibility: only personal and joint accounts are eligible for this promotion.
• Placement cap: up to S$1,000,000 per placement; multiple placements may be allowed.
• Rate treatment: once placed, the applicable promotional rate is fixed until maturity.
• Maturity: unless other instructions are provided, principal and interest will renew at CIMB’s prevailing promotional rate (if any) or board rate for the same tenor.
• Online application/placement only via CIMB digital banking channels 📲.
• Minimum S$10,000 per placement 💵.
• Preferred Banking offers a consistent uplift versus Personal Banking (generally +0.05 percentage points p.a. across tenors) 💳✨.
• Rates are promotional and may change; confirm prevailing terms before placing.

📊 CIMB Fixed Deposit Rates (Effective 1 Apr 2026)

Promotional rates below apply to online placements only from 1 Apr 2026 (unless withdrawn earlier by CIMB), with a minimum S$10,000 and a maximum S$1,000,000 per placement for both Personal Banking and Preferred Banking 🧾.

The uplift from Personal Banking to Preferred Banking is modest but consistent, which can matter more with larger deposit amounts or longer holding periods.

🔎 Eligibility & how to place (online-only) 📲

• Open to new and existing CIMB Singapore customers, subject to the bank’s usual onboarding and eligibility checks.
• A CIMB current or savings account is typically used to fund the FD and receive maturity proceeds/interest.
• How placement typically works: existing customers may place online via CIMB digital banking; for online applications, CIMB may open/use a CIMB FastSaver account to facilitate funding, placement, and returns upon maturity ✅.
• When comparing tenors, consider cash flow needs first: CIMB’s promo T&Cs indicate early termination may mean promo rates won’t apply, and interest (if any) is typically calculated only for completed quarters (e.g., terminate after 5 months → interest for 3 months only) 🧾.
• Preferred Banking customers should confirm that their status is recognised by CIMB before placing the deposit, as CIMB publishes separate Personal Banking and Preferred Banking promo rates.
• 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.
• Review the official Terms & Conditions (PDF) 📄 for eligibility rules, fees (if any), and early withdrawal consequences.

💡 Alternative option: Why Wait Fixed Deposit-I (upfront profit)

For returns credited upfront, CIMB also offers a Shariah-compliant option: Why Wait Fixed Deposit-I Account. This product is structured differently from a conventional FD, and the expected profit is credited at the start of the tenor.

Because structures differ, the effective outcome may not mirror the promotional FD rates in the table above 🤔. Compare terms carefully – especially any conditions tied to early termination or profit clawback ⚠️.

🔎 Compare before locking in 💬

Fixed deposit rates in Singapore move as banks respond to market conditions 📉📈. For a clearer view, compare across banks and decide between short-tenor flexibility and longer-tenor certainty.

• Benchmark across the market: Singapore deposit rate comparison guide
• Official product details: CIMB SGD Fixed Deposit page

For savers who want a straightforward way to lock in a fixed SGD return, CIMB’s online fixed deposit promo remains a simple option – especially for those able to set aside at least S$10,000 and hold the funds to maturity. As always, choose a tenor that matches your cash-flow needs and confirm the latest prevailing terms and rates with CIMB before placing your deposit.

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

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