CIMB FASTSAVER ACCOUNT - Explore High Interest Savings Account

For Singaporeans/PRs and Malaysians Residing In Singapore

1. Copy of NRIC/Passport

2. Proof of residential address if the residential address in the application differs from the ID document (e.g. any latest telephone bill, bank statement or letter issued by the government)

For Foreigners

1. Passport

2. Proof of residential address (e.g. any latest telephone bill, bank statement or letter issued by the government)

3. Supporting documents to be provided (Employment Pass, Work Permit, Dependant’s Pass and Student Pass)

^Interest accrued daily and credited monthly. Daily interest will be paid on the entire daily balance, provided that the balance is at least S$1,000 in your CIMB FastSaver Account on any given day.

¹CIMB retains the discretion, without the obligation to provide any reason, to request a discretionary first-party fund-in (of an amount determined at its absolute discretion) for selected applications for current/savings account. Initial deposit will be refunded to the originating account in the event deposit application is unsuccessful. Please expect a longer turnaround time in receiving the refund of the initial deposit if initial deposit was not sent using the accepted methods as stated above.If the originating account is not under the CIMB deposit applicant’s name, any request to refund the initial deposit to the applicant’s personal account requires a documentary proof i.e. bank statement. All incidental charges and foreign exchange arising from the refund will be borne by the customer. An indemnity form may be required to be completed by the applicant before any refund can be processed. 

² Download our "CIMB Clicks Singapore" Mobile App to set up your Digital Token. Find out more here.

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.

As CIMB FastSaver is designed for the digitally-savvy working professionals and is intended to free customers from the hassle of going to the branch and provide high interest for savings at the same time , do consider the following factors before applying for this online savings account:

• For validation purpose, the CIMB FastSaver account can only be activated when the customer transfers the minimum initial deposit to this online account via FAST (Fast and Secure Transfers) from his/her savings/current account with another bank in Singapore.
• As this is a fully online account, customers are encouraged to perform your banking transactions from wherever you are without having to step into the branch. We impose charges for issuing new ATM card, linking of CIMB FastSaver to existing ATM card and over-the-counter transactions at the branch. (For more information, please refer to the Complete List of Fees and Charges.)
• To access CIMB FastSaver account information, having a CIMB Clicks Internet Banking account is necessary. This free service can be applied here at the same time when you apply for CIMB FastSaver.
• Unlike current accounts such as CIMB StarSaver, CIMB FastSaver is a savings account and does not offer cheque books.
• Given the nature of this account, there will also be neither passbook nor paper statements issued to customers. Customers can access their CIMB FastSaver account details conveniently via CIMB Clicks. A PDF electronic statement of the account can also be downloaded from CIMB Clicks Internet Banking.