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CIMB FastSaver Account Promo: Earn 3.5% p.a. for new customers or fresh funds

03 Oct 2023

CIMB FastSaver is offering new customers or existing customers with fresh funds a promotional interest rate of 3.50% per annum for six months.

CIMB FastSaver review

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Summary of CIMB FastSaver Promo

  • What's the deal: 
    • CIMB FastSaver is running a promotion for new-to-bank customers, where you will be able to enjoy an interest rate of 3.50% p.a. for 6 months. 
    • Existing customers can also enjoy the promotional interest rate of 3.50% p.a. on their incremental fresh funds balance for 6 months. 
  • Eligibility requirements: 
    • To qualify as a new customer, you will need to open a CIMB FastSaver account by 30th November 2023 with a minimum deposit of S$1,000. You will also need to maintain or increase your month-end balance.
    • To qualify as an existing customer, you will need to fill in a form before topping up. You will only earn the 3.5% p.a. interest on incremental fresh funds balance compared to your balance as of 30 October 2023.
  • What's important to note: The interest rate on the CIMB FastSaver will revert to the prevailing rate after the end of the promotion period. 
  • Promo dates: The promotion will run till 30th November 2023.

What's the deal with CIMB FastSaver Promo?

CIMB FastSaver is running a promotion for new-to-bank customers, where you will be able to enjoy an interest rate of 3.50% p.a.

Existing customers can also enjoy the promotional interest rate of 3.50% p.a. on their incremental fresh funds balance for the first 6 calendar months starting from 1 November '23 to 30 April '24.

You can read our review of the CIMB FastSaver account here. 

CIMB FastSaver July 2023 promotion
Source: CIMB

 

What are the eligibility requirements of the CIMB FastSaver promo for new customers?

To qualify, you will need to open a CIMB FastSaver account by 30th November 2023 with a minimum deposit of S$1,000.

To qualify for the promotional interest rate, you will have to maintain or increase your month-end balance.

You will earn this bonus interest for the first 6 calendar months after account opening, with the bonus interest accrued daily and credited into your account the following month.

Refer to the illustration below to understand how much interest you can potentially earn with as a new customer of the CIMB FastSaver Account.

You can find out more about the terms and conditions here

cimb fastsaver promo 2023
Source: CIMB

What are the eligibility requirements of the CIMB FastSaver promo for existing customers?

Existing customers can also enjoy the promotional interest rate of 3.50% p.a. on their incremental fresh funds balance for the first 6 calendar months starting from 1 November '23 to 30 April '24.

The incremental fresh funds balance refers to the difference between your end-day balance and the balance as of 30 October 2023.

Also, you will need to fill up a form on this page before you top up your account. 

Refer to the illustration below to understand how much interest you can potentially earn as an existing customer of the CIMB FastSaver Account.

You can find out more about the terms and conditions here

cimb fastsaver promo new customers 2023
Source: CIMB

Are there any credit card promotions worth considering with the CIMB FastSaver Account?

How do I sign up for the CIMB FastSaver promo?

As a new customer, you can sign up for the CIMB FastSaver account here

To open a CIMB FastSaver account, you will need to be at least 16 years old and have a minimum initial deposit of $1,000. This whole process takes no longer than 10 minutes!

Step 1: Apply for CIMB FastSaver account here

Step 2: Transfer a minimum of $1,000 to activate your account via FAST

Step 3: Access your account by downloading ‘CIMB Clicks Singapore’ App to set up your digital token

As an existing customer, you can sign up for the CIMB FastSaver promo here

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Source: CIMB
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