Is CIMB FastSaver’s offer of 1.50% p.a. interest a promotional rate?
No, the 1.50% p.a. interest offered by CIMB FastSaver is not a promotional rate.
Do note that 0.50% p.a. applies for the first S$50,000 balances; 0.80% p.a. for balances above S$50,000 to S$75,000; 1.50% p.a. for balances above S$75,000 to S$100,000 and 0.40% p.a. for balances above S$100,000 will apply accordingly. 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.