CIMB FastSaver

[Extremme]

I registered my interest after I saw the rate of up to 1.85% for 100K. Yesterday, a RHB FC called me and told me that it is still available. I then asked him why not on the website anymore and he told me maybe not updated yet by their marketing side. Did not really trust his words, so decided not to open the account...

If it's true then it's really on the high side with the current situation

 

[F1ngolf2012]

Just received this morning

Only receive below:

 

[testingabc]

so can i know how to calculate the EIR for 100K for CIMB Fastsaver?

 

[wutawa]

so can i know how to calculate the EIR for 100K for CIMB Fastsaver?

(0.5 + 0.5 + 0.8 + 1.5)÷4 = 0.825%

or based on table
$825÷$100k×100% = 0.825%

 

[testingabc]

(0.5 + 0.5 + 0.8 + 1.5)÷4 = 0.825%

or based on table
$825÷$100k×100% = 0.825%

Thank you, still better than esaver... but waiting for next month IR for maybank isavvy, hl isavings, rhb high yield...

 

[George Soros]

i did not receive email, but they call me

 

[twosix]

from 1.3% to 0.825%. drop quite a lot....

 

[Sinkie]

New rates from 15 July was already posted on CIMB website early this week. Good that they gave one month advance notice.

Still got 1 month

 

[F1ngolf2012]

i did not receive email, but they call me

Wow...must be George Soros.

 

[Squaredot]

New rates from 15 July was already posted on CIMB website early this week. Good that they gave one month advance notice.

So far all banks have been giving one month notice on changes to high interest earning account.

 

[F1ngolf2012]

So far all banks have been giving one month notice on changes to high interest earning account.

Not from SCB eSaver and probably Maybank iSavvy.

 

[F1ngolf2012]

Still got 1 month

Yup! One month to look around.

 

[Squaredot]

Not from SCB eSaver and probably Maybank iSavvy.

esaver and isavvy promo rates changes every 2 months with different reference month right?

 

[wutawa]

Not from SCB eSaver and probably Maybank iSavvy.

Promo different bah. They stop promo we also llst.

 

[F1ngolf2012]

Before end of each 2 month cycle, when does SCB and Maybank announce the interest rate for the new cycle for eSaver and iSavvy respectively?

 

[F1ngolf2012]

Promo different bah. They stop promo we also llst.

Don't you have to do "last minute" combing as to where to transfer your fund because they don't give any advance notice? At least for CIMB, I've one month to look around and decide.

 

[wutawa]

Don't you have to do "last minute" combing as to where to transfer your fund because they don't give any advance notice? At least for CIMB, I've one month to look around and decide.

I already sick of chasing over this race on lowering int. Pui!
Singapore pools has the highest yield.

我放弃了. I dun have a lot of money anyway.

 

[F1ngolf2012]

我放弃了. I dun have a lot of money anyway.

Steady, bro. As all the banks' interest rate move close to zero, then no need to chase liao.

 

[Cumzilla]

Understand where you are coming from. But not sure how the screenshot would help as the T&C would likely allow the bank the rights to make changes prior to your sign up and deposits.

not showing the screenshot to them, but here. I know about the T&Cs, that was why i mentioned earlier to beware of clause 1, but it was stated wef 1 July 2020 leh, the 1.85%...

 

[Cumzilla]

If it's true then it's really on the high side with the current situation

you can try register your interest and wait for the bank to call u back, then ask about their other high yield saving account beside the one on their website....