(EXPIRED) CIMB Singapore SGD fixed deposit rates offer up to 2% p.a. from 1 Oct 2026

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CIMB Bank Singapore has refreshed its online Singapore Dollar Fixed Deposit promotion from 1 October 2026, with rates reaching 2.00% p.a. for Preferred Banking and 1.95% p.a. for Personal Banking on the 12-month tenor.

Update: CIMB Singapore SGD fixed deposit rates offer up to 2.15% p.a. from 17 Oct 2026

Qualifying promotional placements start from S$10,000, with 3-, 6-, 9- and 12-month tenors available. Preferred Banking receives a 0.05 percentage point uplift over Personal Banking across every listed promotional tenor, while the highest current rate is 2.00% p.a. 📈

Each promotional placement can be up to S$1,000,000. Multiple placements may be held in an eligible account, while amounts above S$1,000,000 per placement remain subject to CIMB’s approval.

Of note, the Fast Fixed Deposit promotion terms do not state a fresh-funds requirement.

📌 Key CIMB SGD Fixed Deposit promotion details

• Placement channel: Online through CIMB’s digital application and banking channels.
• Promotional-rate minimum: S$10,000 for each qualifying online promotional placement.
• Maximum placement: S$1,000,000 per placement, with larger amounts subject to CIMB’s approval.
• Eligible applicants: New and existing CIMB Singapore customers, subject to account approval, funding requirements and the bank’s checks.
• Eligible ownership: Personal and joint accounts only.
• Available promotional tenors: 3, 6, 9 and 12 months.
• Rate lock: Once a qualifying placement is successfully completed, the applicable promotional rate stays fixed until maturity.
• Preferred Banking uplift: 0.05 percentage point above the Personal Banking promotional rate for every listed tenor.
• Completion requirement: Required funds, documents, information and checks must be completed while the promotion remains available.
• Combining promotions: Other offers cannot be combined unless CIMB permits otherwise.

📊 CIMB SGD Fixed Deposit online promotional rates

The current online promotional rates for qualifying placements of S$10,000 and above are:

The 6- and 9-month rates are identical within each banking segment. The 12-month tenor gives the highest listed rate, while Preferred Banking adds 0.05 percentage point across all four promotional tenors. For cash that can stay set aside until maturity, this provides a fixed return for the selected tenor. 🔎

📝 How an online placement works

Existing CIMB customers can instead use the deposit application flow in CIMB Clicks and select an account to fund the placement; refer to the existing-customer guide SGD Fixed Deposit placement guide for existing customers (PDF) for detailed steps. The guide covers areas such as tenor selection, placement amount, maturity instructions, source-of-funds information and source-of-wealth declarations.

For new customers, MyInfo is available for the online application. CIMB opens a FastSaver account to facilitate the Fixed Deposit placement, with placement funds transferred into the new account from another bank in Singapore before processing.

Unless different maturity instructions are provided, CIMB’s promotion terms provide for the principal and interest to be renewed for the same tenor at the bank’s prevailing promotional rate, if any, or board rate at maturity.

💡 Alternative: CIMB Why Wait Fixed Deposit-i

For a Shariah-compliant alternative, the CIMB Why Wait Fixed Deposit-i Account uses the Murabahah concept and pays profit upfront instead of at maturity. Its listed online promotional rates for S$10,000 and above are 1.35% p.a. for 3 months, 1.75% p.a. for 6 and 9 months, and 1.95% p.a. for 12 months.

For Preferred Banking, the conventional SGD Fixed Deposit online promotional rates are higher at 1.40% p.a. for 3 months, 1.80% p.a. for 6 and 9 months, and 2.00% p.a. for 12 months.

Rate Trend

Compared with the earlier 21 Sep 2026 update, this round’s increase is concentrated entirely in the 12-month tenor. The 3-, 6- and 9-month promotional rates are unchanged for both banking segments.

Looking further back at the same 12-month tenor, the 11 May 2026 update had Personal Banking at 1.30% p.a. and Preferred Banking at 1.35% p.a. The current 1.95% and 2.00% p.a. rates are therefore each 0.65 percentage point higher. 📈

✅ What to compare before placing a fixed deposit

Compare the holding period, emergency-cash needs, maturity instructions and competing deposit rates before committing funds. A suitable tenor can help lock in a known return for money that can remain set aside, while the highest headline rate may not always match the preferred holding period.

• 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 promotional rate before completing a placement.
• Read the CIMB Fast Fixed Deposit Promotion Terms & Conditions (PDF) for the full eligibility and placement conditions.

Overall, the refreshed rates make the 12-month tenor the headline option at up to 2.00% p.a. for Preferred Banking, while Personal Banking tops out at 1.95% p.a. The shorter 6- and 9-month tenors remain at the same rate within each segment, giving another choice when a full 12-month placement is not preferred.

Before placing funds, check CIMB’s official SGD Fixed Deposit product page for the latest displayed rate and terms, then compare the tenor, banking segment, maturity instructions and liquidity needs carefully. 📌

Related fixed-deposit promos: HL Bank from 24 Sep 2026, RHB Bank from 28 Sep 2026 and Bank of China from 28 Sep 2026.

CIMB may revise promotional rates, terms or availability for new placements without prior notice. Once a qualifying promotional placement is successfully completed, its applicable interest rate remains fixed until maturity.

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