CIMB FastSaver

[sglandscape]

regardless, think it's time to close the account or draw down to $0 since there's no fbf.

they seem not interested to have promos with bonus interest.

Seems like their product team has changed, cause no news at all for so many months.

 

[maumu]

Seems like their product team has changed, cause no news at all for so many months.

I recall Maybank took a 'break' for a couple of months without any promo late last year right?

seems like they need to do a review of sorts...

but with rates trending down, it's understandable that promos have kinda dried up.

 

[Ch3tah_39]

just called CIMB

they say their Product Team advised that the 0.5% bonus interest would be credited by 18 Jul 2025

shall wait n see

Great to hear that they still crediting it. Did they forgot about it?

 

[Goodintentions]

I was on earlier cycle and got the Bonus interests timely

it seems since Jun, CIMB has been late in crediting interest n awards

I see.

Just an update for everyone, I gotten my Bonus interests today finally, after calling them last week and complain to the CSO. Premier banking a bit more power. lol.

 

[Goodintentions]

Their interests got the MOST COMPLICATED tiering which doesn't allow easy calculation for customers

I calculated before, less than 1.7%. Worse than UOB stash.

 

[maumu]

I see.

Just an update for everyone, I gotten my Bonus interests today finally, after calling them last week and complain to the CSO. Premier banking a bit more power. lol.

the SI bonus still not in yet though

 

[ngbc]

With effect from 5 August 2025, there will be a revision to the prevailing rates for the following SGD Deposit Accounts.

1. CIMB FastSaver/FastSaver-i Account​

CURRENT RATES		RATES EFFECTIVE FROM 5 August 2025 ONWARDS
Account Balance	Interest/ Profit Rates (p.a.)	Account Balance	Interest/ Profit Rates (p.a.)
First S$25,000	1.19%	First S$25,000	0.88%
Next S$25,000	2.09%	Next S$25,000	1.78%
Next S$25,000	2.70%	Next S$25,000	2.50%
Above S$75,000	0.80%	Above S$75,000	0.80%

2. CIMB StarSaver/StarSaver-i/StarSaver (Savings)/StarSaver (Savings)-i Account​

CURRENT RATES		RATES EFFECTIVE FROM 5 August 2025 ONWARDS
Account Balance	Interest/ Profit Rates (p.a.)	Account Balance	Interest/ Profit Rates (p.a.)
First S$100,000	1.19%/ 1.24%*	First S$100,000	0.88%/ 0.93%*
Next S$150,000	2.09%/ 2.14%*	Next S$150,000	1.58%/ 1.63%*
Next S$750,000	2.70%/ 2.75%*	Next S$750,000	2.38%/ 2.43%*
Next S$4,000,000	2.70%/ 2.75%*	Next S$4,000,000	1.50%/ 1.55%*
Above S$5,000,000	0.80%/ 0.85%*	Above S$5,000,000	0.80%/ 0.85%*

*Applicable to customers who opened their CIMB StarSaver Accounts before 1 September 2010 only.

 

[xRenol]

With effect from 5 August 2025, there will be a revision to the prevailing rates for the following SGD Deposit Accounts.

1. CIMB FastSaver/FastSaver-i Account​

CURRENT RATES		RATES EFFECTIVE FROM 5 August 2025 ONWARDS
Account Balance	Interest/ Profit Rates (p.a.)	Account Balance	Interest/ Profit Rates (p.a.)
First S$25,000	1.19%	First S$25,000	0.88%
Next S$25,000	2.09%	Next S$25,000	1.78%
Next S$25,000	2.70%	Next S$25,000	2.50%
Above S$75,000	0.80%	Above S$75,000	0.80%

2. CIMB StarSaver/StarSaver-i/StarSaver (Savings)/StarSaver (Savings)-i Account​

CURRENT RATES		RATES EFFECTIVE FROM 5 August 2025 ONWARDS
Account Balance	Interest/ Profit Rates (p.a.)	Account Balance	Interest/ Profit Rates (p.a.)
First S$100,000	1.19%/ 1.24%*	First S$100,000	0.88%/ 0.93%*
Next S$150,000	2.09%/ 2.14%*	Next S$150,000	1.58%/ 1.63%*
Next S$750,000	2.70%/ 2.75%*	Next S$750,000	2.38%/ 2.43%*
Next S$4,000,000	2.70%/ 2.75%*	Next S$4,000,000	1.50%/ 1.55%*
Above S$5,000,000	0.80%/ 0.85%*	Above S$5,000,000	0.80%/ 0.85%*

*Applicable to customers who opened their CIMB StarSaver Accounts before 1 September 2010 only.

The new EIR for CIMB FastSaver/FastSaver-i Account with S$75,000 will drop from 1.99% p.a. to 1.72% p.a. from 05 August 2025.

 

[Ch3tah_39]

the SI bonus still not in yet though

Need premier banking ppl to call maybe

 

[maumu]

just called CIMB

they say their Product Team advised that the 0.5% bonus interest would be credited by 18 Jul 2025

shall wait n see

Have you gotten the BI for SI? no right?

The bank's credibility is really in doubt. I already cancel the SI from next month onwards.

 

[oceanicmanta]

Have you gotten the BI for SI? no right?

The bank's credibility is really in doubt. I already cancel the SI from next month onwards.

Not yet ..

Ya, really messed up

 

[Ch3tah_39]

The cso say by end of this month lol..

 

[maumu]

The cso say by end of this month lol..

I called them again yesterday and the CSO was trying to say that June's SI BI was supposed to be paid out at end July, but then I reminded him it's actually for May's.

'cos the last round of SI BI received was for April (credited on 4 June, although the TnC says 2 June).

he said he'll check and give me a call back

 

[Kayeesha]

I've received the SI bonus interest for May. Was told to expect the June SI bonus interest by the end of this month.

 

[maumu]

I've received the SI bonus interest for May. Was told to expect the June SI bonus interest by the end of this month.

oh you did? which date did you receive the interest?

 

[maumu]

I called them again yesterday and the CSO was trying to say that June's SI BI was supposed to be paid out at end July, but then I reminded him it's actually for May's.

'cos the last round of SI BI received was for April (credited on 4 June, although the TnC says 2 June).

he said he'll check and give me a call back

I got the call back from the same CSO this morning. he corrected his stand yesterday and said the SI BI for April should be credited by 30 June and subsequently by 18 July, but it's still pending.

At least they admitted there's a tranche of SI BI missing / not credited. Dunno how many customers affected but hopefully they will resolve this soon...

 

[Ch3tah_39]

I got the call back from the same CSO this morning. he corrected his stand yesterday and said the SI BI for April should be credited by 30 June and subsequently by 18 July, but it's still pending.

At least they admitted there's a tranche of SI BI missing / not credited. Dunno how many customers affected but hopefully they will resolve this soon...

Oh I wonder how they missed it.. isn't this kind of thing system posted. or they take the stance of act blur live longer?

 

[maumu]

Oh I wonder how they missed it.. isn't this kind of thing system posted. or they take the stance of act blur live longer?

I ask the CSO the same questions - is it manually trigger or is supposed to be automatically disbursed. he can't answer... I think only the inside people would know.

 

[Kayeesha]

oh you did? which date did you receive the interest?

Hi @maumu, on the 22nd. Sorry for the late reply.

 

[maumu]

Hi @maumu, on the 22nd. Sorry for the late reply.

thanks for sharing. did you call in before that to ask?

I guess they are doing these manually...