CIMB FastSaver

[sibeiTrolled]

Just to confirm, this is for the extra 1% right? Overseas now cannot check my excel.

I assume you say extra 1% means your balance is above 25k SGD (fastsaver) or 100K SGD (starsaver)
Do ensure that your excel takes into account the tiered calculation
20th is the bonus interest for last month (NOV).

30 Nov is your month end base interest.
20 Dec is your NOV bonus interest

 

[compro_1975]

for those who join together with me using 31jul 23 as referrence, next month is our last month enjoying 3.5% right?

 

[crimsontactics]

for those who join together with me using 31jul 23 as referrence, next month is our last month enjoying 3.5% right?

Yeap...

 

[Sambuca78]

for those who join together with me using 31jul 23 as referrence, next month is our last month enjoying 3.5% right?

Jam 2024? I thot is this month is the last liao.

 

[compro_1975]

Jam 2024? I thot is this month is the last liao.

i try hunting the t&c but cant find already. only found a screenshot that starts end month balance of jan etc get how much... so i think 31 jan is the last day of our promo, then need find another bank liao

 

[Sambuca78]

i try hunting the t&c but cant find already. only found a screenshot that starts end month balance of jan etc get how much... so i think 31 jan is the last day of our promo, then need find another bank liao

Oh, the tnc is in the WhatsApp chat when u registered. U r right, it is 31 Jan.

 

[DevilPlate]

for those who join together with me using 31jul 23 as referrence, next month is our last month enjoying 3.5% right?

Yes starting from 1 Aug till end Jan 24

 

[DevilPlate]

Ok. This is weird. I open my account on 28 Sep and the tnc states it is with reference to end of Aug balance. It also states first month is from 1st to 30th sep then Oct (2nd)…..Feb (6th). My RM also said the same. How come open in Jul, last month is Jan ah?

Because yr reference point is end Aug so start from 1 Sep what

if u open acct on 1 Oct then maybe start from 1 Oct lor

 

[Imhthc]

Because yr reference point is end Aug so start from 1 Sep what

if u open acct on 1 Oct then maybe start from 1 Oct lor

Ya. U r right. I read the thread wrongly. He stated Jul31 as the reference month, not the date he opened the account.

 

[tiertime]

May I ask for those participating in this :

Lock in min 250k
date starts 1st Sep 2023 for 6 months
Withdrawal only on 1st Mar
Bonus interest $588 to be credited by end March

For above promo, can still get the 3.x% per annum interest for Jan and Feb 2024 ?

 

[Imhthc]

May I ask for those participating in this :

Lock in min 250k
date starts 1st Sep 2023 for 6 months
Withdrawal only on 1st Mar
Bonus interest $588 to be credited by end March

For above promo, can still get the 3.x% per annum interest for Jan and Feb 2024 ?

The reference month is Aug 23 and for 6 months. Technically, u will get ur 3.5% on all ur balance till end Feb 24. I m assuming u open a new account and with the $250K to b in the Cimb preferred banking.

 

[~sabaisabai~]

my 3.5% cycle ends, jan 2024.

Cannot start another cycle liao hor?

same here, ending in Jan 2024 too
dun think can start another cycle

 

[tiertime]

The reference month is Aug 23 and for 6 months. Technically, u will get ur 3.5% on all ur balance till end Feb 24. I m assuming u open a new account and with the $250K to b in the Cimb preferred banking.

No, I did not open new account, it is a dormant account and they reactivated for me, so the CSO says I'm still considered an old customer , then my monthly deposits' reference month I think is fixed at July

I failed to do any top up in Aug coz I was stil unsure of the terms, hence I started in Sep, so now hv to lock in 6 mths frm 1st Sep to end Feb (withdraw 1st March)

Are you same senerio as me ?

 

[oceanicmanta]

No, I did not open new account, it is a dormant account and they reactivated for me, so the CSO says I'm still considered an old customer , then my monthly deposits' reference month I think is fixed at July

I failed to do any top up in Aug coz I was stil unsure of the terms, hence I started in Sep, so now hv to lock in 6 mths frm 1st Sep to end Feb (withdraw 1st March)

Are you same senerio as me ?

did u whatsapp register in Aug ? or Sep

by lock in, I suppose u r referring to the Preferred Welcome reward ... I dont think it is worth it to let your $ sit idle for 1 month in CIMB

 

[Godeau]

No, I did not open new account, it is a dormant account and they reactivated for me, so the CSO says I'm still considered an old customer , then my monthly deposits' reference month I think is fixed at July

I failed to do any top up in Aug coz I was stil unsure of the terms, hence I started in Sep, so now hv to lock in 6 mths frm 1st Sep to end Feb (withdraw 1st March)

When did you sign up for the bonus event? The reference month of July means it starts in August; and not September(regardless if you did any top ups in August or not)

 

[sibeiTrolled]

If anyone wants, i archived it on the web archive for the AUG TnC for my own sanity - NEW CUSTOMER

https://web.archive.org/web/2023080...cs-governing-casa-bonus-interest-promo-23.pdf

Apparently someone archived the JUL version as well - NEW CUSTOMER

https://web.archive.org/web/2023071...cs-governing-casa-bonus-interest-promo-23.pdf

Archived by someone else also AUG existing customer version

https://web.archive.org/web/2023080...overning-casa-bonus-interest-promo-23-etb.pdf

 

[oceanicmanta]

If anyone wants, i archived it on the web archive for the AUG TnC for my own sanity

https://web.archive.org/web/2023080...cs-governing-casa-bonus-interest-promo-23.pdf

Apparently someone archived the July version as well

https://web.archive.org/web/2023071...cs-governing-casa-bonus-interest-promo-23.pdf

the above seems to be for NEW clients ?

there is another version of the Aug promo .. one that states promo period is 1 to 31 Aug 2023, which I think is for EXISTING clients

 

[Imhthc]

No, I did not open new account, it is a dormant account and they reactivated for me, so the CSO says I'm still considered an old customer , then my monthly deposits' reference month I think is fixed at July

I failed to do any top up in Aug coz I was stil unsure of the terms, hence I started in Sep, so now hv to lock in 6 mths frm 1st Sep to end Feb (withdraw 1st March)

Are you same senerio as me ?

For my case, I had a fastsaver and then I opened a starsaver to deposit $250k so as to take up the preferred promo. The RM initially told me to wait till Oct 1 to sign up to get the maximum interest and the $588 but she called me again to say that she was not confident that the 3.5% promo will be extended. Hence, I signed up on the 28th Sep. The 3.5% will end in end Feb for me however I went to relook into the tnc and I was required to hold the $250k for a full 6 months. That means I will lose out 28 days of promotional interest since I can withdraw after 28th mar 24 only. I calculated the opportunity cost should be around $200+(since I can transfer them to esaver to earn my 3.8%), to get the $588.

 

[sibeiTrolled]

the above seems to be for NEW clients ?

there is another version of the Aug promo .. one that states promo period is 1 to 31 Aug 2023, which I think is for EXISTING clients

Oh ya thanks... Totally forget about the new and existing thing.
Ya for August is new only cause I just created account then. I will edit my post.

HAHA found the existing customer for 1 to 31 Aug 2023 - someone also archived it

https://web.archive.org/web/2023080...overning-casa-bonus-interest-promo-23-etb.pdf

 

[compro_1975]

what's everyone plan for 1 feb for the aug batch?

anw thanks for the tnc