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Features & Benefits

Shariah-Compliant
Access To BizChannel@CIMB
Free Monthly Statements
Insured Up To S$75,000

Requirements

Minimum Initial Deposits

S$3,000

Minimum Monthly Average Balance

If, at any time of the month, your balance falls below S$3,000, a fee of S$20 applies.

Profit Rates

 

The below rates will take effect from 15 July 2020. For details, click here.

Account Balance¹ Profit Rates p.a²
Up to S$500,000 Nil
Above S$500,000 - S$2,000,000 0.15%
Above S$2,000,000 0.30%
Bonus profit will be discontinued

Fees & Charges

Terms & Conditions

*Profit rates are subject to change at the Bank's discretion.    

Important Notices & Disclaimers

1 A minimum balance of S$3,000 will have to be continuously maintained at the end of each day until the last day of the calendar month before the profit for the entire month will be accrued and credited to your Business Plus Current Account-i on the last day of the same month. If the Business Plus Current Account-i is opened on a date after the first of the calendar month, the profit will be calculated and accrued based on the remaining number of days in that month in which a minimum balance of S$3,000 is continuously maintained in the Business Plus Current Account-i and the prorated profit will then be credited to the account on the last day of the same month.

 

2 Profit rates are set at the Bank's discretion and subject to change without prior notice.

 

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.

 

Policy Owners' Protection Scheme

This Insurance is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for the Insurance is automatic and no further action is required from the Customers. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit sompo.com.sg/FAQ or GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg ).