CIMB Why Wait Fixed Deposit

 

Cimb Logo

Min. Deposit
$20,000

Interest Rate
up to 1.40%

Review on CIMB Why Wait Fixed Deposit

Pros
Short tenure option
High FD interest rate
Collect interest upfront

Cons
Foreign Bank with limited branches
Higher interest rate only for Preferred customers

 

sponsored links

Details

6 mths 12 mths
$20k to <$100k 1.15% p.a. 1.25% p.a.
$100k & above^ 1.30% p.a. 1.40% p.a.

^ CIMB Preferred customers with fresh funds only

Enjoy cash upfront at up to 1.30% p.a. for 12 months (Until 30 Nov 2017)

Unlike a normal Fixed Deposit account where you receive your interest only at maturity, a CIMB Why Wait Fixed Deposit-i account allows you to collect your returns in the form of profit upfront

With a CIMB Why Wait Fixed Deposit-i account, you will also receive a CIMB StarSaver-i account with no initial deposit required

CIMB Why Wait Fixed Deposit-i account and CIMB StarSaver-i are Shariah-compliant deposit products

Enjoy the benefits of no fall-below fee and receive potential returns in the form of hibah on your CIMB StarSaver-i account

CIMB Preferred membership with a Total Relationship Balance (TRB) of S$250,000. TRB is a combination of any individual deposit and/or investment product.

 

Click here to go to CIMB website for more details

 

Add Review or Comment

* Required information
1000
Captcha Image

Reviews or Comments (2)

Ave. Rating:
3/5 (2)
Topic: CIMB Why Wait Fixed Deposit Review
Sort By
 
Gravatar
New
Ivy Joy Lim-Chia
Gravatar
1
0
0
Jul 2017
Ivy Joy Lim-Chia says...

Money Lobang

What's the rate for 12 months Fixed Deposit at $25,000? What is the difference between regular and preferred customers?

Gravatar
Regular
Money Lobang
Gravatar
42
11
0
Sep 2014
Top Poster
Most Likes
Money Lobang says...

The rate is 1.25% as indicated. Preferred customers are able to receive 0.05% more interest as compared to regular customers for the same tenure. Customers are required to have a Total Relationship Balance (TRB) of $250,000 in the form of deposits and/or investment products to be a preferred customer.

Gravatar
New
Chew Florence
Gravatar
1
0
0
Feb 2017
First Poster
Chew Florence says...

For new customers can enjoy 6 month Fixed Deposit at 25K ..?

Gravatar
Regular
Money Lobang
Gravatar
42
11
0
Sep 2014
Top Poster
Most Likes
Money Lobang says...

The rate for 6 month Fixed Deposit at $25,000 is 1.20% p.a. for CIMB regular customers and 1.25% p.a. for CIMB preferred customers

 

 

Featured Cards

Citi Cash Back Card

Citi Cash Back Card Enjoy up to 8% cashback on groceries and dining and 24.32% savings on petrol. Apply and receive up to $120 cashback.

Standard Chartered Manhattan Card

Standard Chartered MANHATTAN World MasterCard Enjoy up to 3% cashback on all spending and up to 23.1% savings on petrol. Apply and receive up to $138 cash credit



sponsored links

Search & Social Media

money lobang facebook page money lobang twtter page money lobang instagram page money lobang youtube page money lobang pinterest page money lobang linkedin page

Subscribe to our Newsletter

Be the first to know about the latest promotions for bank deposits, credit cards and online discounts.


Recommended Review

Best Savings Account Interest Rates Promotion in Singapore

Best Savings Account or Current Account in SingaporeThere are several current and savings accounts in Singapore that offer a higher interest rate...


Discount Codes

Expedia Singapore Promo Discount Codes

Singapore Credit Cards Promotion Expedia Promo Discount CodesTake up to 50% off for travel packages and hotels + 15% off with our exclusive Expedia discount codes


All About Money

What is the Best Highest Deposit Interest Rate in Singapore

What is the Best Highest Interest Rate in SingaporeSingapore deposits earn very low interest from banks and it has been consistently lower than 2.00% per annum...