CIMB Bank Singapore

 

CIMB Bank SG

Dear Customer,

Revision of CIMB BusinessGo Account/CIMB BusinessGo-i Account (SGD) rates

We wish to inform you that the bank will be revising the rates of the CIMB BusinessGo Account/CIMB BusinessGo-i Account with effect from 16th Feb 2021 ("Effective Date"). Please refer to the table below for the revised rates:

Prevailing Rates (p.a.) Rates from 16th Feb 2021 (p.a.)
S$0 - S$30,000 Nil S$0 - S$30,000 Nil
S$30,001 - S$1,000,000 0.12% S$30,001 - S$1,000,000 0.10%
S$1,000,001 - S$1,500,000 0.25% S$1,000,001 - S$2,000,000 0.30%
S$1,500,001 - S$2,000,000 0.58% S$2,000,001 and above 0.05%
S$2,000,001 and above 0.15%

*Rates are applied on balances in each tier.

No action is required on your part if you continue to keep your deposit with us after the Effective Date, and if we do not hear from you otherwise. For the updated Terms and Conditions Governing the CIMB BusinessGo Account/CIMB BusinessGo-i Account, you may refer to our website at cimbbank.sg/tnc-bizgo-feb21. Should you require any further assistance, you may contact your Relationship Manager or email us at sg.commercialbanking@cimb.com.

Thank you for banking with us.


Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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