CIMB FastSaver

[jesp15]

no need to do daily apparently




All Other Eligible Accounts


Earn flat 3.20%** p.a. interest/profit rate on incremental fresh funds with NO cap on interest/profit earned and NO lock-in period till 31 March 2025!





To qualify for this promotion:


Top up a minimum of S$5,000 incremental fresh funds (compared against the end-of-day 31 December 2024 balance) into your account from 1 to 31 January 2025.

I just open my cimb account this January - still can qualify? So basically just park the money until Mar 31 to gain 3.2%? How do they compute the interest payout - is it by monthly ADB*3.2%pa?

 

[compro_1975]

3rd day of CNY me waiting for this $150 'ang bao' from CIMB

6. Eligible Participants who have performed any eligible transaction under clause 5(a) (Salary Crediting) or
clause 5(b) Inward Monthly Standing Instruction will be eligible to receive S$150 Cash Credit (“Reward”) and
the Reward will be credited to the Eligible Participant’s Qualifying Account with the Bank on 31 January 2025.

Wishing everyone in advance a super huat happy healthy CNY

you join the promo in dec 24 or jan 25?

 

[compro_1975]

i am in the nov 24 promo.... 31st jan 25 will be the end of my promo.... what best can i do? i understand best in feb that i withdraw everything from cimb right?

 

[BlackTortoise]

Now too late to do the $1,000 SI via dbs saving account to get $150? Read many pages but not sure how to do it?

 

[StarAce]

Hi, I’m new to CIMB. In Oct’24, I top up 5k to participate in the Oct promotion (bonus interest for Oct, Nov and Dec). In Nov and Dec, I did transfer more funds into CIMB, thought to earn the bonus interest based on the Oct promotion.

Anyone knows if I’m eligible for the Jan’25 promotion? I’m bothered by the paragraph at clause 4 of the T&C.

“For the avoidance of doubt, if a customer deposits the minimum incremental balance of S$5,000 in fresh funds on 1 January 2025, has not previously deposited any minimum incremental balance of S$5,000 in fresh funds from 1 to 31 December 2024 or 1 to 30 November 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 November 2024 or CIMB CASA Bonus Interest/Profit Promotion December 2024).”

I did email CIMB customer service to check my eligibility, just gotten a reply from them saying I’m eligible for Jan’25 if I’ve participated in the Oct’24 promotion. They did not address my concern on clause 4. Anyone can advise? Thanks!

 

[rerear]

Participated in the Dec to Feb, using Starsaver. Still possible to participate in the below, using a separate CIMB Fastsaver account, or still anyone's guess for now?

How strict is the incremental part?
------
Earn flat 3.20%** p.a. interest rate on incremental fresh funds# till 31 March 2025 by simply topping up a minimum of S$5,000 incremental fresh funds# (compared to month-end balance of 31 December 2024) into your account from 1 to 31 January 2025


Read HWZ Forum Rules!

 

[sglandscape]

Hi, I’m new to CIMB. In Oct’24, I top up 5k to participate in the Oct promotion (bonus interest for Oct, Nov and Dec). In Nov and Dec, I did transfer more funds into CIMB, thought to earn the bonus interest based on the Oct promotion.

Anyone knows if I’m eligible for the Jan’25 promotion? I’m bothered by the paragraph at clause 4 of the T&C.

“For the avoidance of doubt, if a customer deposits the minimum incremental balance of S$5,000 in fresh funds on 1 January 2025, has not previously deposited any minimum incremental balance of S$5,000 in fresh funds from 1 to 31 December 2024 or 1 to 30 November 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 November 2024 or CIMB CASA Bonus Interest/Profit Promotion December 2024).”

I did email CIMB customer service to check my eligibility, just gotten a reply from them saying I’m eligible for Jan’25 if I’ve participated in the Oct’24 promotion. They did not address my concern on clause 4. Anyone can advise? Thanks!

Yes can participate, but only incemental balance above your Dec24 would earn the bonus interest. This is why people often "reset" the balance to 0, and would not take part in the promo one after the other.

 

[Sambuca78]

Yes can participate, but only incemental balance above your Dec24 would earn the bonus interest. This is why people often "reset" the balance to 0, and would not take part in the promo one after the other.

I have 25k in my fastsaver on 31 Dec so i guess not worth it for me to top up on 1 Feb.

Thinking is it possible for me to open another starsaver account?

 

[BlackTortoise]

If already pumped in $250,000 into fastsaver this month, still need to pump in $1,000 today via SI to get 0.5%? I all in Liao. No sextra $1,000 how?

 

[sibeiTrolled]

i am in the nov 24 promo.... 31st jan 25 will be the end of my promo.... what best can i do? i understand best in feb that i withdraw everything from cimb right?

Yes, 1st Feb then withdraw.

Hi, I’m new to CIMB. In Oct’24, I top up 5k to participate in the Oct promotion (bonus interest for Oct, Nov and Dec). In Nov and Dec, I did transfer more funds into CIMB, thought to earn the bonus interest based on the Oct promotion.

You are still on the Oct 24 promo even if you have top up in Nov and Dec.

I’m bothered by the paragraph at clause 4 of the T&C.

This is a statement that summarize 4a to 4d.
You are already locked into Oct 2024, and for all purpose, are not counted as Nov 24 or Dec 24

 

[sglandscape]

If already pumped in $250,000 into fastsaver this month, still need to pump in $1,000 today via SI to get 0.5%? I all in Liao. No sextra $1,000 how?

You won't be in time for this month alrrady.

 

[sibeiTrolled]

I did email CIMB customer service to check my eligibility, just gotten a reply from them saying I’m eligible for Jan’25 if I’ve participated in the Oct’24 promotion

Forget about this portion in my previous reply.

Then just hold them accountable if they never credit you the interest. Save the secure message or email.
Why worry so much when it is in black and white?

 

[BlackTortoise]

You won't be in time for this month alrrady.

Then how still set up SI today for deduction when? I am using dbs website to do it.

 

[sglandscape]

Then how still set up SI today for deduction when? I am using dbs website to do it.

Try logging in and see what's the earliest date you can set on DBS, that should answer your question.

 

[sibeiTrolled]

I just open my cimb account this January - still can qualify?

New user Yes.
Quickly add more than 5K into your account if already approved.
Or just wait till Feb promo (which may or may not come)

So basically just park the money until Mar 31 to gain 3.2%?

Base interest at month end for the 3 months. Mar 31 get the remaining interest.
So in total after Mar 31, you add together should be 3.2% interest.

ow do they compute the interest payout - is it by monthly ADB*3.2%pa?

Daily calculation.
Since you are new, you won't get full interest (base or bonus) for Jan 25

Read TnC point 10 ( the illustration table to understand)
https://www.cimb.com.sg/content/dam/cimbsg/personal/document/tnc/accounts/2025/casa-tnc-jan2025.pdf

 

[BlackTortoise]

Try logging in and see what's the earliest date you can set on DBS, that should answer your question.

Anyway this month I all in Liao no sextra lui to deduct $1,000.

if next month got spare $2,000, Should I top up $2,000 one shot or top up $1,000 + $1,000 via SI? Which is more worth it?

 

[wutawa]

Anyway this month I all in Liao no sextra lui to deduct $1,000.

if next month got spare $2,000, Should I top up $2,000 one shot or top up $1,000 + $1,000 via SI? Which is more worth it?

Si 0.5% always worth it. Not much but I gian.

 

[x9evolution]

Now too late to do the $1,000 SI via dbs saving account to get $150? Read many pages but not sure how to do it?

The $150 SI bonus promo ended on Dec 2024 , if you just join the Jan batch , don’t think still got $150 promo

 

[tiertime]

My FAST saver has like just $10 on end of day 31st Dec , which I transferred out on 1st Jan

Then my Star Saver - I took part for the months : Dec, Jan , Feb

On today , 31st Jan,
Would it be a good decision to transfer ALL my funds from the STAR to a 3rd party bank then transfer into the FAST Saver to lock in this 3.2% promo bonus interest until 31st March ?

Am I overlooking something ?
- will this jeopardise my bonus interest for the STAR since I am emptying it out today, and not putting any funds in there till end of Feb ?

 

[sibeiTrolled]

My FAST saver has like just $10 on end of day 31st Dec , which I transferred out on 1st Jan

Then my Star Saver - I took part for the months : Dec, Jan , Feb

On today , 31st Jan,
Would it be a good decision to transfer ALL my funds from the STAR to a 3rd party bank then transfer into the FAST Saver to lock in this 3.2% promo bonus interest until 31st March ?

Am I overlooking something ?
- will this jeopardise my bonus interest for the STAR since I am emptying it out today, and not putting any funds in there till end of Feb ?

So the summary is that
You have 2 accounts.
Starsaver is enrolled into Dec 24 promo which means you should only be removing money on 1st March 2025.
You wish to lock your fastsaver onto the Jan 25 promo which you already missed 30 days for by diverting funds from star

Is this right?

If so,
Lets talk about your starsaver.

How much did your starsaver originally had before you dumped the money in?
You can just leave original amount X + 5000 SGD, though i would prefer leaving abit more, so that you still can be eligible for Jan, Feb bonus interest.


Bank Transfer.

TBH, i don not have 2 accounts so i can't advise on this.
But if it was me, i would do this
Starsaver -> Bank A -> Bank B -> Fast Saver

But in honesty, missing out on the 30 days is quite huge bulk of bonus interest gone.
Personally, i would just wait for Feb promo.