• CIMB Pulse
  • Banking With Us
  • Digital Services
  • Promotions
  • Help & Support
  • Quicklinks
CIMB In The News
Savings Strategies
Investing My Money
Travel Tips
Planning For My Future
Thinking About Insurance
CIMB Compilation
CIMB F.I.R.S.T
Investments
Other Services
Latest Promotions
Events
Rates & Charges
Download Center
FAQ
Regulations & Policies
Security & Fraud

Promo | Savings Account

EARN UP TO 1.50%* p.a. INTEREST WITH NO LOCK-IN PERIOD!

 

 

 

 

 

 

 

 

Bonus Interest / Profit Promotions 

Earn  interest/profit rate of up to 1.50%* p.a. by simply topping-up a min. of S$10,000 to max. of S$1,000,000 incremental in fresh funds# (compared to month-end balance of 31 July 2022) into your account with no lock-in period from 1 to 31 August 2022.

 

Interest / Profit Rate for Personal Banking 

Account Balance

Prevailing Interest/ Profit  Rates**

Bonus Interest/ Profit Rates

(on incremental fresh funds balance)

Total Interest/ Profit Rates*

First S$100,000

0.40% p.a.

0.40% p.a.

0.80% p.a.

Next S$150,000

0.80% p.a.

1.20% p.a.
Next S$250,000 1.00% p.a. 1.40% p.a.

Above S$500,000

0.40% p.a.

0.80% p.a.

 

 

Interest / Profit Rate for Preferred Banking 

Account Balance

Prevailing Interest/ Profit  Rates**

Bonus Interest/ Profit Rates

(on incremental fresh funds balance)

Total Interest/ Profit Rates*

First S$100,000

0.40% p.a.

0.50% p.a.

0.90% p.a.

Next S$150,000

0.80% p.a.

1.30% p.a.
Next S$250,000 1.00% p.a. 1.50% p.a.

Above S$500,000

0.40% p.a.

0.90% p.a.

 

*Terms and conditions apply

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

 

IMPORTANT NOTES

a. Month-end Incremental Balance shall be at least S$10,000 (e.g. End-of-day balance on 31 August 2022 compared against end-of-day balance on 31 July 2022).

b. Bonus Interest/Profit will be calculated daily based on Incremental Balance of minimum S$10,000 to maximum S$1,000,000.

c. No Bonus Interest/Profit will be accorded for Incremental Balance below S$10,000 or above S$1,000,000.

 

How Bonus Interest/Profit Works for Preferred Customer

  1. Comparison month refers to end-of-day balance on 31 July 2022.
  2. To be entitled to Bonus Interest/Profit for the current month, Month-end Incremental Balance shall be at least S$10,000 (e.g. End-of-day balance on 31 August 2022 compared against end-of-day balance on 31 July 2022).
  3. Bonus Interest/Profit will be calculated daily based on Incremental Balance of minimum S$10,000 to maximum S$1,000,000. No Bonus Interest/Profit will be accorded for Incremental Balance below S$10,000 or above S$1,000,000.

 

Date

End-of-day 

Balance

Incremental Balance against 31 July 2022  Prevailing Interest/Profit

Bonus Interest / Profit

Total Interest / Profit

31 July 2022

S$100,000

NA

NA

NA

NA

1 – 10 August 2022

S$110,000

S$10,000

S$100,000 x 0.40% / 365 x 10 days  = S$10.95

S$10,000 x 0.80% / 365 x 10 days = S$2.19

S$10,000 x 0.50% / 365 x 10 days = S$1.36

S$14.50

11 – 20 August 2022

S$300,000

S$200,000

S$100,000 x 0.40% / 365 x 10 days  = S$10.95

S$150,000 x 0.80% / 365 x 10 days = S$32.87

S$50,000 x 1.00% / 365 x 10 days = S$13.69

S$200,000 x 0.50% / 365 x 10 days = S$27.39

S$84.90

21 – 25 August 2022

S$105,000

S$5,000

S$100,000 x 0.40% / 365 x 5 days  = S$5.47

S$5,000 x 0.80% / 365 x 5 days = S$0.54

S$0+

S$6.01

26 – 31 August 2022

S$1,200,000

S$1,100,000

 

S$100,000 x 0.40% / 365 x 6 days  = S$6.57

S$150,000 x 0.80% / 365 x 6 days = S$19.72

S$250,000 x 1.00% / 365 x 6 days = S$41.09

S$700,000 x 0.40% / 365 x 6 days = S$46.02

S$1,000,000^ x 0.50% / 365 x 6 days = S$82.19

S$195.59

Total Interest in August 2022

 

 

S$190.06

 

(Paid on last day of the month)

S$110.94

 

(Paid on last day of the following month)

S$301

 

^The minimum and maximum Incremental Balance eligible for Bonus Interest/Profit is S$10,000 and S$1,000,000 respectively.

+ If the month-end Incremental Balance is below S$10,000, no Bonus Interest/Profit will be accorded for Incremental Balance for the entire month of August 2022.  

 

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

Account Selection

Other Promotions

Terms & Conditions

*Terms and conditions governing CIMB StarSaver Bonus Interest/Profit Promotion August 2022 apply. Please click here for full terms and conditions. 

 

Initial deposit will be refunded to the originating account in the event deposit application is unsuccessful. 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. 

 

Important Notes

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.