CIMB FastSaver

[suflam3]

Ya 31st time to flush out the money

We can flush out the money today anytime? or do we have to wait till midnight to do so?

 

[V_for_Vanilla]

Celebrate this Lunar New Year with CIMB Bank
https://www.cimb.com.sg/en/personal/promotions/latest-promotions/accounts/saving-lny-2024.html
For New Customers who opens a CIMB FastSaver/ FastSaver-i Account before 29 Feb '24
Get up to S$68* worth of rewards
T&Cs: https://www.cimb.com.sg/content/dam...sa-lny-new-account-opening-promotion-2024.pdf

Doesn't say for existing customers.

 

[oceanicmanta]

Celebrate this Lunar New Year with CIMB Bank
https://www.cimb.com.sg/en/personal/promotions/latest-promotions/accounts/saving-lny-2024.html
For New Customers who opens a CIMB FastSaver/ FastSaver-i Account before 29 Feb '24
Get up to S$68* worth of rewards
T&Cs: https://www.cimb.com.sg/content/dam...sa-lny-new-account-opening-promotion-2024.pdf

limited to first 6000 new accounts

5 days have past

the $48 reward is about 3.84%pa on 5k over 3 month holding period

PASS

 

[wutawa]

Ya 31st time to flush out the money

Not wait till 1 Feb then transfer out meh?

 

[Cookie Muncher]

time to say goodbye to 3.5% 6 months promo, where's the next best place to park?

 

[Godeau]

We can flush out the money today anytime? or do we have to wait till midnight to do so?

Interest is accrued daily so transfer out only on 1st Feb and beyond

 

[JivBunny]

I started this in Aug’23.

if I move the money out today (planning to move to cimb FD). would i lose the special interest for Jan? Or I still get it but pro rate?

I am ready to forgo 1 day worth of special interest to secure the FD rates of 3.5%

 

[sibeiTrolled]

I started this in Aug’23.

if I move the money out today (planning to move to cimb FD). would i lose the special interest for Jan? Or I still get it but pro rate?

I am ready to forgo 1 day worth of special interest to secure the FD rates of 3.5%

You won't lose the special interest.

Base and bonus are calculated daily, so at best you lose bonus and base for today if you empty out.

I would recommend just leaving 1K in to maintain the base interest but it's up to you

 

[a4973]

You won't lose the special interest.

Base and bonus are calculated daily, so at best you lose bonus and base for today if you empty out.

I would recommend just leaving 1K in to maintain the base interest but it's up to you

Can maintain $0 balance from 1 Feb and still receive Bonus Interest for January month on 20 Feb? Thank you.

 

[wutawa]

Can maintain $0 balance from 1 Feb and still receive Bonus Interest for January month on 20 Feb? Thank you.

I plan to leave $0. However, my balance only a few thousands

 

[bargin]

Can maintain $0 balance from 1 Feb and still receive Bonus Interest for January month on 20 Feb? Thank you.

Their tnc did not clearly specific. So, if u did not get Bonus Interest on 20 Feb, when u leave $0 balance in the account, can appeal ? it's up to you.

 

[JivBunny]

You won't lose the special interest.

Base and bonus are calculated daily, so at best you lose bonus and base for today if you empty out.

I would recommend just leaving 1K in to maintain the base interest but it's up to you

thanks.

Took your advice and leave $1k+ inside.

I am not sure if tmr will be a new interest rate for 6 months FD as I am trying to capitalise on the 3.5%

so at most I forgo 1 day interest and bonus.

 

[sibeiTrolled]

Can maintain $0 balance from 1 Feb and still receive Bonus Interest for January month on 20 Feb? Thank you.

who knows?
my opinion is that while they did not explicitly say have to leave 1k SGD to receive bonus, it in turn can also be used against you since
1) TnC is gone, some of us only have the "outdated" one
2) changes can be made to TnC anytime (should they want to screw you over)

Personally 1K SGD is not alot for me so i can just leave it inside till once bonus is in.

Took your advice and leave $1k+ inside.

Nice, if you still have liquid cash on hand to play, StandChart ESave new promo is starting tomorrow. You can head over to the ESaver thread for more info

 

[Imhthc]

Can maintain $0 balance from 1 Feb and still receive Bonus Interest for January month on 20 Feb? Thank you.

Yes. I did it for this month and the BI is credited on the 19th.

 

[SleekyQ]

Probably a dumb question, but I started this a bit late and did the whatsapp sign-up + deposit on 25th September. Does this mean I can still have this promo in feb?

 

[sglandscape]

Probably a dumb question, but I started this a bit late and did the whatsapp sign-up + deposit on 25th September. Does this mean I can still have this promo in feb?

Should have ended by end Jan for that cycle

 

[Imhthc]

Probably a dumb question, but I started this a bit late and did the whatsapp sign-up + deposit on 25th September. Does this mean I can still have this promo in feb?

U can try calling the bank to check. May end by end Feb (6 months)

 

[ahchan]

U can try calling the bank to check. May end by end Feb (6 months)

My 3.5% ends Jan-24.
So Is there new promo after Jan ?
If not, can I empty all my 3 accounts (2 starsavers and 1 fastsaver) ?
Can I still get BI on 20th Feb ?

 

[BlackTortoise]

Left $1k in the account can get how much interest?

 

[Imhthc]

My 3.5% ends Jan-24.
So Is there new promo after Jan ?
If not, can I empty all my 3 accounts (2 starsavers and 1 fastsaver) ?
Can I still get BI on 20th Feb ?

Don’t seem to have any new promo after Jan.
my rm mentioned that there is no fall below fee.
I emptied my star saver and fastsaver on the first day of Jan and received my BI on the 19th Jan for both accounts.