CIMB FastSaver

[peppermint7]

yes
10 char

Referring to STARsaver

So the secret lies on the LAST day. Lol

Not sure if the LAST day falls on weekends/ PH will be counted

 

[F1ngolf2012]

Referring to STARsaver

U scroll down look at the illustration
It seems to say if they are only comparing the last day between both months? End of day = last day of month?

https://www.cimbbank.com.sg/en/personal/products/accounts/current-accounts/cimb-starsaver-account.html

Yup! Read the tnc. It is generous to just need to ensure that the month end closing balance is min $500 more then previous month closing to qualify for the Bonus interest.

 

[F1ngolf2012]

Referring to FASTsaver

It also says here this 1.8% for 75k to 100k is NOT a promotional rate..

https://www.cimbbank.com.sg/en/pers...saver-account/cimb-fastsaver-account-faq.html

So meaning it is on going until further changes

CSO confirmed that the rate is good till further notice which also mean ANYTIME.

 

[PC-User]

Nothing good will last long under current situation. Banks do business, not charity.

 

[otaku7]

ya enjoy while it lasts

Sent from HUAWEI EVR-L29 using GAGT

 

[F1ngolf2012]

Nothing good will last long under current situation. Banks do business, not charity.

Even charity is impacted.

 

[assiak71]

interest is credited only once a month

When is interest for fastsaver credited? Thx

 

[testingabc]

When is interest for fastsaver credited? Thx

1st on each month

 

[arctician]

for fastsaver and starsaver do we need to route in fresh funds or they assess based on balance? think this is the best account, after reading will setup fastsaver, fastsaver i and starsaver.

 

[George Soros]

Haha received my pin !

 

[crystalnox]

for fastsaver and starsaver do we need to route in fresh funds or they assess based on balance? think this is the best account, after reading will setup fastsaver, fastsaver i and starsaver.

No such nonsense with cimb, whatever money you have inside is what you earn interest on.

 

[whatheheck]

Kena called by their banker, then realised want to sell my life income plan or something

 

[peppermint7]

for fastsaver and starsaver do we need to route in fresh funds or they assess based on balance? think this is the best account, after reading will setup fastsaver, fastsaver i and starsaver.

For FASTsaver
Assessed daily based on daily balance.

 

[laughalot]

What’s the difference between fastsaver and fastsaver i? One person can have both?

Then the star saver? Any max limit?

 

[rkesin]

What’s the difference between fastsaver and fastsaver i? One person can have both?

Then the star saver? Any max limit?

The fastsaver-i is Shariah compliant. You can have both fastsaver and fastsaver-i. There is no practical difference in terms of the effect on your balance. One pays “interest” and the other pays a “profit rate”.

 

[hazy75]

Just open a new Fastsaver account. Not sure how this SDIC works.
Can I assume we are protected up to 75K regardless of the no. of account we have each bank?

 

[compro_1975]

The fastsaver-i is Shariah compliant. You can have both fastsaver and fastsaver-i. There is no practical difference in terms of the effect on your balance. One pays “interest” and the other pays a “profit rate”.

profit rate???

 

[Cumzilla]

Just open a new Fastsaver account. Not sure how this SDIC works.
Can I assume we are protected up to 75K regardless of the no. of account we have each bank?

yes, someone posted earlier, 75K each bank...

FAQ 11

https://www.sdic.org.sg/faq/di_faq

 

[eAtNeAt]

cimb shld be reducing soon ba. Doesnt make sense pay depositors 1.35% to lend out at 1.5% which is the home loan rate these days

 

[Utonian]

if CIMB remains unchanged and still with no hurdle, becoming better and better as an option with the low interest from other banks