• CIMB Fixed Deposit Promotion

    CIMB Bank is currently offering two promotions on its fixed deposit account in Singapore. One each with SGD fixed deposit and foreign currency fixed deposit.

    CIMB Fixed Deposit Promotion in Singapore

    CIMB Singapore Dollar Fixed Deposit Promotion

    With this promotional offer, you will get higher interest rates on your 6-month and 12-month SGD fixed deposit account when you place an amount of at least S$20,000. The promotional rate of interest takes into consideration renewals of any amount. Here is the table that shows the promotional rate of interest.

    Placement Amount (all customers) Interest Rate (% p.a.)
    6 months 12 months
    S$20,000 or less Board rate
    S$20,000 or more 1.20 1.40
    Placement Amount (preferred customers only) Interest Rate (% p.a.)
    6 months 12 months
    S$50,000 or more 1.30 1.50

    Terms and conditions applicable to this promotion:

    • You will be a preferred customer only if your Total Relationship Balance (TRB) is at least S$250,000.
    • This offer will only be applicable until 30 April 2018.
    • The placement must be made in fresh funds. This means that you can’t transfer funds from your Current of Savings account of CIMB for placement in this fixed deposit account.
    • The promotional rates will be applicable only when you hold the deposit till maturity. If you withdraw the deposit before maturity, you will get the interest at 0.25% p.a. for every completed quarter.

    CIMB Foreign Currency Fixed Deposit Account Promotion

    With this promotional offer, you will get a rate of interest of up to 2.59% p.a. on a 12-month foreign currency fixed deposit. However, you will have to place at least 20,000 units to be eligible for this offer. The promotional interest rates are given in the table below:

    Tenor/Interest Rates (% p.a.) NZD USD AUD GBP
    1 month 1.97 1.73 1.62 0.16
    3 months 2.31 2.30 2.11 0.48
    6 months 2.46 2.45 2.28 0.80
    12 months 2.59 2.50 2.30 1.09

    Terms and conditions that apply for this promotion:

    • Deposits must involve fresh funds, which means that you can’t transfer funds from your existing CIMB account. Also, renewal of fixed deposits will not qualify for this promotional offer.
    • Personal and joint account holders can participate in this promotion. However, the main account holder should be at least 21 years old on the date of opening of the account.
    • This offer will only be applicable until 30 April 2018.
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