CIMB FastSaver

[sglandscape]

Any expert can help to confirm the above? Thanks!

Read the previous few posts, it has been answered a few times

 

[tinsel77]

I just top up 5K in fastsaver account. I can enjoy 3.2% on the funds above the 5k from 1st Jan to 28th Feb when I transfer tmr 1st Jan right?

 

[coconut1]

I just top up 5K in fastsaver account. I can enjoy 3.2% on the funds above the 5k from 1st Jan to 28th Feb when I transfer tmr 1st Jan right?

you only qualified for bonus interest for dec by doing that.

 

[royalmix]

I just top up 5K in fastsaver account. I can enjoy 3.2% on the funds above the 5k from 1st Jan to 28th Feb when I transfer tmr 1st Jan right?

"Earn flat 3.20%** p.a. interest rate on incremental fresh funds# till 28 February 2025 by simply topping up a minimum of S$5,000 incremental fresh funds# (compared to month-end balance of 30 November 2024) into your account from 1 to 31 December 2024."

Go read the rest yourself!

(not vested! I prefer Maybank, straightforward, 3.2 to 3.4%pa till end Jan 2025!)

 

[Young_Man]

I just top up 5K in fastsaver account. I can enjoy 3.2% on the funds above the 5k from 1st Jan to 28th Feb when I transfer tmr 1st Jan right?

My understanding is if top up 5k today (Dec 31), you will earn 1 day bonus interest for Dec and whole of Jan and Feb.

 

[peppermint7]

My understanding is if top up 5k today (Dec 31), you will earn 1 day bonus interest for Dec and whole of Jan and Feb.

T&C did say incremental fresh funds compared to month-end balance of 30 November 2024. Got to take note of that.

 

[bobby6679]

Dear all,

Just to check, for the Oct CASA promotion, which covers Oct Nov and Dec, can we zero our the Fast Saver account tmr? The bonus intereste will not credit until Jan 31, not sure if CIMB set any traps...

Thanks!

 

[tinsel77]

T&C did say incremental fresh funds compared to month-end balance of 30 November 2024. Got to take note of that.

My month end in Nov is $300. I topped up $5K fresh funds so it is ok right?

 

[Cookie Muncher]

should we lock in the 3.2% promo now? duno what's the new promo

 

[EveMuffins]

should we lock in the 3.2% promo now? duno what's the new promo

I'm locking but can't decide fastsaver or starsaver coz starsaver give 3.3% for tier >$250k but I'll only benefit for Feb. then if lock now, can't join new StarSaver promo for Mar.

 

[waddahell]

Guys, for the CIMB CASA promotion, if I have both FastSaver and FastSaver-i, can I lock in Dec to Feb promotion by transferring today on first account, then play merry go round in second account for March 2025 promotion? TIA

 

[heng_ah]

For the Dec 2024 - Feb 2025 promo, the tnc is a bit weird leh. Kind of restrictive, do they exclude those that participate in Sep-Oct promo too? Since they mentioned Oct!

Clause 4: ... will qualify if:
d. Not have previously deposited any minimum incremental balance of S$5,000 in fresh
funds in the Qualifying Account from 1 to 30 November 2024 or 1 to 31 October 2024.
For the avoidance of doubt, if a customer deposits the minimum incremental balance of S$5,000
in fresh funds on 1 December 2024, has not previously deposited any minimum incremental
balance of S$5,000 in fresh funds from 1 to 30 November 2024 or 1 to 31 October 2024 and fulfils
all the terms and conditions herein, the Qualifying Account will only qualify for this Promotion and
not other similar promotion(s) (e.g. CIMB CASA Bonus Interest/Profit Promotion October 2024 or
CIMB CASA Bonus Interest/Profit Promotion November 2024).

 

[coconut1]

My month end in Nov is $300. I topped up $5K fresh funds so it is ok right?

incremental = $300 + $5000

 

[coconut1]

For the Dec 2024 - Feb 2025 promo, the tnc is a bit weird leh. Kind of restrictive, do they exclude those that participate in Sep-Oct promo too? Since they mentioned Oct!

Clause 4: ... will qualify if:
d. Not have previously deposited any minimum incremental balance of S$5,000 in fresh
funds in the Qualifying Account from 1 to 30 November 2024 or 1 to 31 October 2024.
For the avoidance of doubt, if a customer deposits the minimum incremental balance of S$5,000
in fresh funds on 1 December 2024, has not previously deposited any minimum incremental
balance of S$5,000 in fresh funds from 1 to 30 November 2024 or 1 to 31 October 2024 and fulfils
all the terms and conditions herein, the Qualifying Account will only qualify for this Promotion and
not other similar promotion(s) (e.g. CIMB CASA Bonus Interest/Profit Promotion October 2024 or
CIMB CASA Bonus Interest/Profit Promotion November 2024).

means reference month is September for the Dec 2024 - Feb 2025 promo

 

[coconut1]

Guys, for the CIMB CASA promotion, if I have both FastSaver and FastSaver-i, can I lock in Dec to Feb promotion by transferring today on first account, then play merry go round in second account for March 2025 promotion? TIA

yes, since reference month is 2 months prior to the new promo, assuming ongoing identical promo

 

[ChrisL82]

Am I eligible for dec’s promo if i partake in The sep’s one ? I thought I can.. however, I did nt receive my dec’s basic interest.

 

[waddahell]

For the Dec 2024 - Feb 2025 promo, the tnc is a bit weird leh. Kind of restrictive, do they exclude those that participate in Sep-Oct promo too? Since they mentioned Oct!

Clause 4: ... will qualify if:
d. Not have previously deposited any minimum incremental balance of S$5,000 in fresh
funds in the Qualifying Account from 1 to 30 November 2024 or 1 to 31 October 2024.
For the avoidance of doubt, if a customer deposits the minimum incremental balance of S$5,000
in fresh funds on 1 December 2024, has not previously deposited any minimum incremental
balance of S$5,000 in fresh funds from 1 to 30 November 2024 or 1 to 31 October 2024 and fulfils
all the terms and conditions herein, the Qualifying Account will only qualify for this Promotion and
not other similar promotion(s) (e.g. CIMB CASA Bonus Interest/Profit Promotion October 2024 or
CIMB CASA Bonus Interest/Profit Promotion November 2024).

I believe so. It specifically mentioned if u joined previously for Oct (Oct to Dec) & Nov (Nov to Jan) then you cannot apply for Dec (Dec to Feb) as Dec is the common month. Cut off is Sep (Sep to Nov). But of course must make sure Nov ADB is low.

 

[waddahell]

Am I eligible for dec’s promo if i partake in The sep’s one ? I thought I can.. however, I did nt receive my dec’s basic interest.

Your Sep promo is from Sep to Nov? Then based on T&C you should be able to join the Dec (Dec to Feb) promo.

 

[waddahell]

yes, since reference month is 2 months prior to the new promo, assuming ongoing identical promo

Cool. Wondering if anyone has actual data point where they manage to use two different accounts to play. Thanks.

 

[waddahell]

I'm locking but can't decide fastsaver or starsaver coz starsaver give 3.3% for tier >$250k but I'll only benefit for Feb. then if lock now, can't join new StarSaver promo for Mar.

I’m in same dilemma. Because I only join CIMB during Feb 2025 since Jan 2025 using HSBC. But someone shared in HSBC thread the interest drop quite low (some invite promo). So I lock in for Feb 2025 first with $5000 (using Dec promo).