CIMB FastSaver

[Kayeesha]

For those who have a BOC SuperSaver account, when is the bonus interest credited to the account?

According to the T&Cs, it is 15 business working days of the start of the following month which means you will get your interest about 3 weeks later?

If I were to leave the “principal” amount just as long, the effective interest will be considerably lower. So, it would seem that the SuperSaver campaign is not that attractive after all?

Thanks for your views.

 

[MrHighlander]

When is the interest credited to CIMB Fastsaver? Anyone knows ?

 

[fadefade]

in liao

 

[MrHighlander]

Oh first day of every month

Good

I will fast in 100K today

in liao

 

[fadefade]

https://www.cimb.com.sg/en/personal...rest-profit-rates-casa-accounts-nov-2020.html
fastsaver 75k, EIR 0.367% leh

>60% differences can't compare lah

GG!!

 

[MrHighlander]

Nov 2020 have to move out ...

Any fast limit here ?

 

[fadefade]

yes, CIMB FAST daily limit is 50k per name.

Having a joint account with 2 names, can FAST out all $100k in one day

here u go

 

[huitay]

Oh dear....the interest from Nov onwards is pathetic.

Where should we move to next?

 

[Shutterfly]

Oh dear....the interest from Nov onwards is pathetic.

Where should we move to next?

Interested to know as well.

 

[rouletteking]

CIMB fast saver effective interest drops from worse to worst . 0.8250% then to 0.4625%...
I guess all good things come to an end. Going to move all out.
The thing is, where else we can park our $?

 

[twosix]

CIMB fast saver effective interest drops from worse to worst . 0.8250% then to 0.4625%...
I guess all good things come to an end. Going to move all out.
The thing is, where else we can park our $?

singlife.... 2% pa for 1st $10k, 1% for next $90k.

 

[Squaredot]

CIMB fast saver effective interest drops from worse to worst . 0.8250% then to 0.4625%...
I guess all good things come to an end. Going to move all out.
The thing is, where else we can park our $?

park where it offers highest and safe.

 

[rouletteking]

Looks like Singlife is the next best alternative, as of now.
But they also started to lower the rates, 2.5% to 2%.
Nevertheless still a good deal among all the traditional commercial banks.

 

[twosix]

https://blog.seedly.sg/insurance-savings-plan-singapore

 

[Stallone]

lol 0.4625% PA for 100k deposit.. wad a joke

 

[Devilsire]

Other than Singlife, Dash, Gigantiq and RHB, any other alternatives?

 

[CyberTan]

I received a message by CIMB to inform existing customer about their revision interest starting from Nov.

Nov 2020 have to move out ...

Any fast limit here ?

 

[kashanai]

Another change coming

https://www.cimb.com.sg/en/personal...rest-profit-rates-casa-accounts-nov-2020.html

 

[brianlee_73]

If I withdraw all my fund from fast saver and leave zero dollar inside, what will happened to the account? Will it be closed automatically?

 

[hyperbole]

If I withdraw all my fund from fast saver and leave zero dollar inside, what will happened to the account? Will it be closed automatically?

It'll be there. No minimum balance required