CIMB FastSaver

[unknownfame]

Anyone know if the 0.08% given monthly is calculated at end of month balance or daily basis interest rate?

So if i withdraw today and return back the amount tomorrow will it be different?

 

[sunbear71]

I transferred the deposit into fast saver account on Sunday... can anyone share how long does it take to receive any email notification from bank or FD advice ETC?

 

[hyperbole]

Anyone know if the 0.08% given monthly is calculated at end of month balance or daily basis interest rate?

So if i withdraw today and return back the amount tomorrow will it be different?

Daily average balance

 

[luvalist]

Just to check if anyone open their account in Dec 17 and gotten the free gadget guard

https://singaporedeposit.com/cimb-fastsaver-promo-get-s30-cash-credit-and-gadget-guard/

Never received any email and the CS said there is no such promo in Dec 17. Forgot to save the promo tnc.

Yes I know it’s been so long but I just remember recently only.

 

[revhappy]

I just opened CIMB start saver account online. So quick! I already have credit cards with them so no new documents needed. Just click click click.

I am planning to move some money from India to Singapore, I believe cimb doesn't charge inward remittance so this is why I applied for this account.

 

[vsvs24]

I just opened CIMB start saver account online. So quick! I already have credit cards with them so no new documents needed. Just click click click.

I am planning to move some money from India to Singapore, I believe cimb doesn't charge inward remittance so this is why I applied for this account.

Why open star saver instead of fastsaver ?

 

[revhappy]

Why open star saver instead of fastsaver ?

It comes with ATM card which can be used for overseas cash withdrawal for 0 fees.

 

[pawn_king]

I think vsvs24 meant to recommend fastsaver due to slightly higher interest (0.8 vs 1.0 for fast, cap at 50k)

But no difference if your primary function is to receive overseas funds and then redirect to other local accounts.

 

[vsvs24]

I think vsvs24 meant to recommend fastsaver due to slightly higher interest (0.8 vs 1.0 for fast, cap at 50k)

But no difference if your primary function is to receive overseas funds and then redirect to other local accounts.

Yes. Starsaver also gives interest only if above $5000.

CSO told me ATM can link to fastsaver but need to pay a fee. Not sure true or not.

 

[Shutterfly]

When can I expect to see the interest rate credited? First day of the month?

 

[shpesft]

Usually last day of the month

When can I expect to see the interest rate credited? First day of the month?

 

[Shutterfly]

Usually last day of the month

Thanks for the information.

 

[Arxxxx]

The online banking need go down branch apply ah? I've just applied and FAST transferred to realise that i have no access to check whatsoever lol

 

[harky]

check what?

just apply online.

The online banking need go down branch apply ah? I've just applied and FAST transferred to realise that i have no access to check whatsoever lol

 

[Shutterfly]

Just to check if you open both Fastsaver and fastsaver-i for a total saving of 100k, SDIC only insure up to 50k right?

 

[vsvs24]

Just to check if you open both Fastsaver and fastsaver-i for a total saving of 100k, SDIC only insure up to 50k right?

Yes. Per bank per person.

 

[Shutterfly]

Yes. Per bank per person.

Thanks. Let's say if I want tot reduce the risk of putting too much money (>50k) in one bank, what is my next best option to deposit another 50k?

 

[Maeda_Toshiie]

Thanks. Let's say if I want tot reduce the risk of putting too much money (>50k) in one bank, what is my next best option to deposit another 50k?

Err, open a bank account in another bank?

 

[harky]

citibank maxgain? 70K min

Thanks. Let's say if I want tot reduce the risk of putting too much money (>50k) in one bank, what is my next best option to deposit another 50k?

 

[Shutterfly]

Err, open a bank account in another bank?

Yes, any other good options similar to CIMB FastSaver?