CIMB FastSaver

[royalmix]

Some of them seems a bit blur. Might confuse them.

Plus in theory might work, but can't be sure it really will work with CIMB based on esaver method.

It is not theory! It is maths plus savvy common sense! There are "always" loopholes in tnc if you can spot!

I am a potential new customer, vested interest!
Come here, I already shared yesterday! Why discuss in other threads?

It is very rare that I teach people how to make money that works without any hidden objective, and I have not even started!

 

[mata_hippo]

how soon after i make the initial 1k deposit can i login to the mobile app?

i just tried login by selecting "first time login?", it prompts me for IC and DOB, then it says my mobile number not registered with them?

 

[iceblendedchoc]

Many existing customers like me have low balance. I have only $2 as at 31 Jul

i have $0 as at 31 Jul ! bye scb , cimb here i come.

 

[crimsontactics]

Daily interest for both base and BI but credited next mth, base beginning of mth, BI on 20th

Thank you very much for your assistance Bro!

 

[rayzzzz82]

Theoretically can open in Sep.

But seeing the tremendous interest after GXS reduce rates, if I am you, I will open Fastsaver in Aug, deposit $1000 and leave it there without withdrawing.

Can I please check if I were to deposit a sum in Aug and then withdraw part of that sum in Sept, what would be the interest be calculated?

Are the interest be paid on a monthly basis or at the end of six months later?

Thanks for any reply in advance

 

[direbmem]

It is not theory! It is maths plus savvy common sense! There are "always" loopholes in tnc if you can spot!

I am a potential new customer, vested interest!
Come here, I already shared yesterday! Why discuss in other threads?

It is very rare that I teach people how to make money that works without any hidden objective, and I have not even started!

Don't understand the hack? I am existing starsaver customer but no fast saver acct. Considered new fast saver customer?

 

[royalmix]

Don't understand the hack? I am existing starsaver customer but no fast saver acct. Considered new fast saver customer?

Existing customers dun need to learn the hack! So long you have a qualifying account, you are not new, my guess, need to read the tnc! You can confirm with customer service if you open Fastsaver, are you new? If new, I teach you how to hack.

If you prefer Fastsaver, you can open and register. Fastsaver 1k, Starsaver 5k. I prefer Fastsaver, better exit strategy, get more base interest if less than 100k and 20 days in advance!

Edit:

TNC new customers: You are not new!
A “New Customer” is
defined as an individual who does not have any existing single or joint CIMB Fixed Deposit,
Current or Savings Account(s), or has not terminated or closed any CIMB Fixed Deposit,
Current or Savings Account(s) in his/her own name or jointly with another person with the
Bank within the past twelve (12) months immediately prior to the Promotion Period.

 

[twosix]

So is it confirmed if 31 July balance is 0, can start earning interest of 3.5% from Aug onwards? No need to have at least $1k in 31 July?

 

[twosix]

Anyway yesterday I was transferring funds out of comb and DBS. More than $10k. Both banks called me to verify it is me and the recipient bank. Haha. Very strict checks now.

 

[~sabaisabai~]

cimb cs really confuse me. telling me different version

folks - what is your understanding of 1.5+2%?

is based on jul balance as a base or monthly incremental amount?

I was told every month either maintain or increase then eligible for interest

 

[bargin]

If I want to deposit on 1st Sep to earn the 3.5% , is it I shd open the account with $1k by end Aug to standby first (after account successfully open I can immediately withdraw to $0)

or I can visit on 1st Sep and can open account instantly to deposit and earn the 3.5% ?

Theoretically can open in Sep.

But seeing the tremendous interest after GXS reduce rates, if I am you, I will open Fastsaver in Aug, deposit $1000 and leave it there without withdrawing.

U might wan to open the account early. Last year when CMIB had promotion, their account opening takes week to open with the surge of new customers. Now, there might be more since GXS reduce rates, while others will eventually know about this promotion and SCB esaver only earn 3.40% and might end in Sep 2023. there might be a surge in the opening account again and their backend cannot handle !

 

[RedsYWNA]

Just transferred $75k over from GXS to CIMB.

Bye bye GXS, and gd luck for your bank run!

 

[twosix]

cimb cs really confuse me. telling me different version

folks - what is your understanding of 1.5+2%?

is based on jul balance as a base or monthly incremental amount?

I was told every month either maintain or increase then eligible for interest

New customers, maintain or increase.
Existing customers, higher than 31 July.

 

[royalmix]

U might wan to open the account early. Last year when CMIB had promotion, their account opening takes week to open with the surge of new customers. Now, there might be more since GXS reduce rates, while others will eventually know about this promotion and SCB esaver only earn 3.40% and might end in Sep 2023. there might be a surge in the opening account again and their backend cannot handle !

No need kancheong, there might be better offers next mth

Open sept, 6 mths from Sept is your bonus period, for new customers only!

 

[royalmix]

cimb cs really confuse me. telling me different version

folks - what is your understanding of 1.5+2%?

is based on jul balance as a base or monthly incremental amount?

I was told every month either maintain or increase then eligible for interest

Interest is tiered, first tier 1.5% + bonus 2%, 2nd tier 2.5%+1%, so on! If u want more base interest, then this is important, otherwise tiering is not important as you get 3.5% for full daily balance (assuming July 31=0)

Tiering is important to me!

 

[sglandscape]

cimb cs really confuse me. telling me different version

folks - what is your understanding of 1.5+2%?

is based on jul balance as a base or monthly incremental amount?

I was told every month either maintain or increase then eligible for interest

Depends if you're new to bank or use an existing account.


If new it's need to incemental and maintain
If existing it's incemental over 31 July

 

[yiron]

cimb cs really confuse me. telling me different version

folks - what is your understanding of 1.5+2%?

is based on jul balance as a base or monthly incremental amount?

I was told every month either maintain or increase then eligible for interest

I think the CSOs are not very well comms on this promo.

"I was told every month either maintain or increase then eligible for interest" --> this is only relevant for NTB customers.

"is based on jul balance as a base or monthly incremental amount?" --> this is relevant for ETB customers. For the period of 1 Aug 2023 to 31 Jan 2024, you will get two interest components:

a) Base Interest: this is accrued daily based on your entire EOD balance (subject to min $1000 for savings account to qualify for interest), and paid out at start of next month.

b) Bonus Interest: this is accrued daily based on your incremental EOD balance vs 31 Jul EOD balance, and paid out on 20th of next month.

For example, your EOD balance on 31 Jul is $1000. U deposit funds to increase your account to $3000 on 1 Aug and didn't touch for the rest of Aug 2023.
U will get Base Interest of ($3000 * 1.5% * 31/365) + Bonus Interest of ($2000 * 2% * 31/365) for Aug 2023.

 

[royalmix]

"I was told every month either maintain or increase then eligible for interest" --> this is only relevant for NTB customers.

Per tnc:
maintain or increase each month-end balance against the previous month-end
balance

Now do you (new customers only) know how to hack?

 

[sglandscape]

Per tnc:
maintain or increase each month-end balance against the previous month-end
balance

Now do you know how to hack?

This is based on the illustration? They did day interest is based on end of each day to compute for accrual

 

[DevilPlate]

Anyway yesterday I was transferring funds out of comb and DBS. More than $10k. Both banks called me to verify it is me and the recipient bank. Haha. Very strict checks now.

Wow 10k only and they start calling u?