Cimb fast saver

[Kitaro9202]

Hi guys

I came across this cimb fast saver

It is 1% p.a

Sound good for those who have spare cash around and let the interest roll

But i have a question lets say i put in 2k how much cash interest do i earn?
Or how does they calculate the p.a interest?

 

[havetheveryfun]

Hi guys

I came across this cimb fast saver

It is 1% p.a

Sound good for those who have spare cash around and let the interest roll

But i have a question lets say i put in 2k how much cash interest do i earn?
Or how does they calculate the p.a interest?

0.01 x 2000 = $20 per year lah

but it wont be exactly $20 per year because the interest will be credited every end of the month

so will be around $20/12 , but also not exactly that amount because every month have different amount of days

 

[a4973]

Is the recent security breach issue affecting cimb Singapore?

Sent from Nextbit ROBIN using GAGT

 

[harky]

reg the STARSAVER.... their website interface really lousy.. abit small if i use pc haha