CIMB FastSaver

[brianlee_73]

It'll be there. No minimum balance required

Noted thanks.

 

[bigrooster]

CIMB is further reducing their interest rates on savings and current accounts come 1 Nov 2020.

https://www.cimb.com.sg/en/personal/important-notices/10/revision-of-interest-profit-rates-casa-accounts-nov-2020.html

 

[twosix]

already mentioned a few posts above on the interests cuts.

 

[Cookie Muncher]

Kns the int

 

[Squaredot]

Nov 2020 have to move out ...

Any fast limit here ?

50k per ID per day. 2 names joint account can FAST out 100k same day.
If single name and u have StarSaver account cheque book too, u may want to trf all from your Fastsaver to StarSaver then issue your StarSaver cheque, deposit to another account before 3.30pm same day without losing any interest.

 

[Squaredot]

Kns the int

can't blame, all downtrend..

 

[tweeety]

move where?

 

[newjungle]

Intend to close cimb fastersaver account, sian..only manage your get 0.825% for one month....

 

[newjungle]

Just check, early closure fee $50, better keep for 6mths first. Min account balance is $1k

 

[EveMuffins]

Just check, early closure fee $50, better keep for 6mths first. Min account balance is $1k

New t&c? Previously I opened no need min balance. So I just keep $50 inside.

 

[alex22]

New t&c? Previously I opened no need min balance. So I just keep $50 inside.

I put $1.00 in cimb now

 

[Dystopia]

Intend to move all out...Put in stashaway simple.

No point keep there liao..

What's the effective IR for 100k?

 

[newjungle]

Sorry, I saw wrongly, it is min $1k to earn interest. But no fall below fee, so keep there $0.5 also can.

 

[IronMan123]

Withdraw all amount inside will initiate auto close the account or not ah?

Posted with iPhone HardwareZone Forums app

 

[Squaredot]

Withdraw all amount inside will initiate auto close the account or not ah?

Posted with iPhone HardwareZone Forums app

won't lah
My StarSaver donkey years zero balance they also never close it

 

[peppermint7]

Withdraw all amount inside will initiate auto close the account or not ah?

Posted with iPhone HardwareZone Forums app

No minimum sum required.
Both my star and fast savers are $0

Just keep as $0 until one day need to use again

 

[gibson7]

Withdraw all amount inside will initiate auto close the account or not ah?

like others mentioned. there's no fall below fees. so technically you can just leave the account with zero balance and it will stay as it is... dormant. but, maybe have to take note of any updates from bank, in case they change T&C etc... or, for peace of mind... just close the account via their web/app.

Posted from PCWX using Mate 20X

 

[heng_ah]

won't lah
My StarSaver donkey years zero balance they also never close it

Same here.
And I still have the unopened cheque book with plastic wrapped

 

[pantss]

Multi accounts possible? Joint etc?
(For the 100k cap)

 

[IronMan123]

won't lah
My StarSaver donkey years zero balance they also never close it

No minimum sum required.
Both my star and fast savers are $0

Just keep as $0 until one day need to use again

like others mentioned. there's no fall below fees. so technically you can just leave the account with zero balance and it will stay as it is... dormant. but, maybe have to take note of any updates from bank, in case they change T&C etc... or, for peace of mind... just close the account via their web/app.

Posted from PCWX using Mate 20X

But if left 0 dollars then all my accumulated chances to win the air tickets lucky draw will be wasted. Of course nowadays not a right time to travel. Even the previous winner also get postponed of his/her travel plan to another year.