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Important Notice:

Revision of Interest Rates for Deposit Accounts from 15th July 2020

Dear Valued Customers,

 

We wish to notify you that with effect from 15th July 2020, we will be revising the interest/profit rates for our CIMB Business Interest Transaction Account, Business Plus Current-i Account and CIMB BusinessGo/BusinessGo-i Account. Please refer to the tables below for the revised rates.

CIMB Business Interest Transaction Account (BITA)

Prevailing Rates (p.a.) Rates from 15ᵗʰ July 2020 (p.a.)
S$0 - S$250,000 Nil Up to S$500,000 Nil
S$250,001 - S$1,000,000 0.50% Above S$500,000 - S$2,000,000 0.15%
Above S$1,000,000 0.60% Above S$2,000,000 0.30%
Bonus Interest Additional 0.10% Bonus interest will be discontinued  

Rates are on Tiered Basis

CIMB Business Plus Current Account-i (BCA-I PLUS)

Prevailing Rates (p.a.) Rates from 15ᵗʰ July 2020 (p.a.)
S$0- S$2,999 Nil Up to S$500,000 Nil
S$3,000 – S$49,999 0.15% Above S$500,000 - S$2,000,000 0.15%
S$50,000 – S$249,999 0.30% Above S$2,000,000 0.30%
S$250,000 – S$999,999 0.50%    
S$1,000,000 and above 0.60%    
Bonus Profit Additional 0.10% Bonus profit will be discontinued  

Rates are on Tiered Basis

CIMB BusinessGo Account / CIMB BusinessGo Account-i

Prevailing Rates (p.a.) Rates from 15ᵗʰ July 2020 (p.a.)
S$0 - S$30,000 Nil S$0 - S$30,000 Nil
S$30,001 - S$1,000,000 0.80% S$30,001 - S$1,000,000 0.12%
S$1,000,001 - S$1,500,000 0.98% S$1,000,001 - S$1,500,000 0.25%
S$1,500,001 - S$2,000,000 1.88% S$1,500,001 - S$2,000,000 0.58%
S$2,000,001 and above 0.28% S$2,000,001 and above 0.15%

Rates are on Split Basis

Frequently Asked Questions

To view our FAQs, click here.

Other Terms & Conditions Apply

Click here to view the Terms and Conditions governing the CIMB Business Interest Transaction Account.

Click here to view the Terms and Conditions governing the Operations of CIMB Business Plus Current Account-i.

Click here to view the Terms and Conditions governing the Operations of CIMB BusinessGo account / CIMB BusinessGo-i account

Click here to view the Terms and Conditions governing the Operations of Deposits Accounts.

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.

Updates on Account Migration

CIMB Business Interest Current Account (BICA)

CIMB Bank will no longer be offering/maintaining CIMB Business Interest Current Account. Existing clients will be auto-migrated to CIMB Business Interest Transaction Account with effect from 15th July 2020.

 

CIMB Business Current Account-i (BCA-I)

CIMB Bank will no longer be offering/maintaining CIMB Business Current Account-i. Existing clients will be auto-migrated to CIMB Business Plus Current Account-i with effect from 15th July 2020.

 

To view our FAQs, click here.