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Features & Benefits

Competitive Rates Access To Over 6,000 CIMB ATMs Instant Funds Transfers <10mins To Apply Online Additional Features
Competitive Rates
Access To Over 6,000 CIMB ATMs
Instant Funds Transfers
<10mins To Apply Online
Additional Features

Interest Rate

Sign up and enjoy flat 3.50%** p.a. interest rate from your 1st dollar till 30 September 2024 with NO cap on interest earned and NO lock-in period!

 

To qualify for this promotion,

  1. Open your account from 1 to 31 July 2024.
  2. Deposit and maintain a minimum of S$5,000 in fresh funds#.

 

Account Balance

Prevailing Interest Rate (p.a.)*

Bonus Interest Rate (p.a.)** Total Interest Rate (p.a.)**

First S$100,000

1.50%

2.00% 3.50%

Next S$150,000

2.50%

1.00%
Above S$250,000 3.50% 0.00%

 

Sign up for an account here.

Earn a flat interest rate of 3.50%** p.a. till 30 September 2024 by simply topping up a minimum of S$5,000 incremental fresh funds# (compared to month-end balance of 30 June 2024) into your account from 1 to 31 July 2024.

 

Account Balance

Prevailing Interest Rate (p.a.)*

Bonus Interest Rate (p.a.)** Total Interest Rate (p.a.)**

First S$100,000

1.50%

2.00% 3.50%

Next S$150,000

2.50%

1.00%
Above S$250,000 3.50% 0.00%

 

To top up your account, either FAST in your funds from another bank account, or fill in our Monthly Funds Transfer Application Form here

How To Apply

 

Ready to get started? Apply for a savings account online via CIMB's website. Check eligibility, gather necessary documents, fill out the form, upload documents, and submit. 

Step 1 - Apply Now (MyInfo Available)

Apply here.

 

A Shariah-compliant equivalent, our CIMB StarSaver (Savings)-i, is also available here.

Step 2 - Complete your Account Opening

Please FAST in the initial deposit of S$1,000 from your single name personal account with another bank in Singapore1 or from your own CIMB Malaysia Account.

 

A video call might be conducted for the purpose of account verification.

 

Your account will be opened within 7 business days of receipt of initial deposits and/or documents required, if no further review or follow up is required, subject to the Bank’s approval1.

Step 3 - Access Your Account

Access your account by downloading our "CIMB Clicks Singapore" Mobile App2  to set up your Digital Token.

 

Find out more here.

Promotions & Services

Eligibility

  • Savings account with high interest rate of up to 3.5%* p.a. with no cap on interest earned & access to over 6,000 CIMB ATMs regionally
  • Minimum Age: 16 Years Old (Applicants below the age of 16 must open an In-Trust account with a Parent / Legal Guardian)

Requirements

Minimum Initial Deposit

S$1,000

 

For Single Account

1. Log in to your other bank’s internet banking service and add your new CIMB savings account as a favourite payee.

2. Transfer funds via FAST from your individual account to your CIMB account.

 

For Joint Account

1. You and your joint account partner have to log in to your respective other bank’s internet banking service and add your new joint CIMB account as a favourite payee.

2. Transfer funds via FAST from each of your individual accounts to your joint CIMB account, to enjoy high interest rates with us.

Documents Required

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)

 

Terms & Conditions

*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 StarSaver (Savings) Account on any given day.

 

**Terms and conditions governing the CIMB Current/Savings Account Interest/ Profit Promotion July 2024 apply, please click here for details. For Customers who participated in CIMB CASA Bonus Interest/Profit Promotion June 2024, will not be eligible to participate in the July Promotion, please click here for the full terms and conditions.

 

#Fresh funds refers to funds that do not originate from any existing account with the Bank.

 

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 all 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.

 

2Download 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 are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.