CIMB FastSaver

G

gobin74

Senior Member
Joined
Jan 1, 2023
Messages
505
Reaction score
59
compro_1975 said:
final interest not in yet
Click to expand...
Hi all I am now looking. At options to put in balance funds from esaver to cimb accounts from Oct 1....any specific promotions for cimb pl ...ps looking for some easy to implement schemes like esaver

Look forward to hearing. from you ...

Thanks
 
maboklee

maboklee

Member
Joined
May 19, 2018
Messages
124
Reaction score
9
Hi all I'm currently at Aug cassa promotion. Does the recent change in interest rate will affect this promo?

Thanks
 
Last edited:
Scuderia

Scuderia

Master Member
Joined
Aug 20, 2001
Messages
2,715
Reaction score
279
maboklee said:
Hi all I'm currently at Aug cassa promotion. Does the recent change in interest rate will affect this promo?

Thanks
Click to expand...
Think someone mentioned before it will affect the base interest but the total interest rate for the promo will not be affected.
 
ashethen

ashethen

Arch-Supremacy Member
Joined
Jul 24, 2005
Messages
19,520
Reaction score
10,497
"6. For the purpose of these terms and conditions, “fresh funds” are funds that do not originate from any existing account with CIMB Bank including without limitation the following:
a. funds in the form of non-CIMB cheques;
b. other funds that are not transferred from any existing CIMB current, savings or fixed deposit account;
c. other funds that are not withdrawn from any existing CIMB current, savings or fixed deposit account and re-deposited (whether partial or all of the amount withdrawn) into the new account with CIMB within the Promotion Period."

if i withdraw my funds from fastsaver on 1 sep then deposit into SCB e$aver then 30 sep i transfer my funds to starsaver, will i still be eligible for Sept CASA, based on t&c 6c?
 
S

sibeiTrolled

Senior Member
Joined
Oct 23, 2012
Messages
1,972
Reaction score
1,601
ashethen said:
if i withdraw my funds from fastsaver on 1 sep then deposit into SCB e$aver then 30 sep i transfer my funds to starsaver, will i still be eligible for Sept CASA, based on t&c 6c?
Click to expand...
For the purpose of getting the CIMB promo interest for 1st Sept and 30th Sept, please do put more 5k SGD more than the end of month balance or just throw the entire amount over from eSaver into your FASTSAVER

If you do not have the required 5K SGD more than comparison month, your entire Sept bonus interest will be forfeited

Whether it is eligible or not, it is hard to say. Someone previously said moving between fast and star saver worked for them

Quick question, why the move from cimb -> scb -> cimb?
You made your eSaver sept end of month balance high which means you cant use esaver for Oct and Nov promo.
 
ashethen

ashethen

Arch-Supremacy Member
Joined
Jul 24, 2005
Messages
19,520
Reaction score
10,497
sibeiTrolled said:
For the purpose of getting the CIMB promo interest for 1st Sept and 30th Sept, please do put more 5k SGD more than the end of month balance or just throw the entire amount over from eSaver into your FASTSAVER

If you do not have the required 5K SGD more than comparison month, your entire Sept bonus interest will be forfeited

Whether it is eligible or not, it is hard to say. Someone previously said moving between fast and star saver worked for them

Quick question, why the move from cimb -> scb -> cimb?
You made your eSaver sept end of month balance high which means you cant use esaver for Oct and Nov promo.
Click to expand...
thanks, but how come you mentioned put into fastsaver and not starsaver? my starsaver was empty the entire year and i used fastsaver in august and the months prior.

i wanted to make use of e$aver aug and sept promo, so i went to put there for sept.
 
S

sibeiTrolled

Senior Member
Joined
Oct 23, 2012
Messages
1,972
Reaction score
1,601
ashethen said:
my starsaver was empty the entire year and
Click to expand...
Since it was not used, and then you deposited the entire sum into it, your star would be treated as account that just joined the Sept promo.

If you joined the promo using your fast saver, why not just continue with your fast saver.
As i said previously, your fast saver will not be eligible for the bonus interest if you do not have the > 5K on last day of the month.


So the next question i would like to ask you then is, which batch of promo are you in for your fastsaver account?
As in which month did you deposited in > 5K SGD? As that would determine your start and end period.
 
ashethen

ashethen

Arch-Supremacy Member
Joined
Jul 24, 2005
Messages
19,520
Reaction score
10,497
sibeiTrolled said:
Since it was not used, and then you deposited the entire sum into it, your star would be treated as account that just joined the Sept promo.

If you joined the promo using your fast saver, why not just continue with your fast saver.
As i said previously, your fast saver will not be eligible for the bonus interest if you do not have the > 5K on last day of the month.


So the next question i would like to ask you then is, which batch of promo are you in?
As in which month did you deposited in > 5K SGD? As that would determine your start and end period.
Click to expand...
nvm, think i just sit next month out from cimb as per https://forums.hardwarezone.com.sg/threads/cimb-fastsaver.5176026/post-153592471
 
S

sibeiTrolled

Senior Member
Joined
Oct 23, 2012
Messages
1,972
Reaction score
1,601
ashethen said:
nvm, think i just sit next month out from cimb as per https://forums.hardwarezone.com.sg/threads/cimb-fastsaver.5176026/post-153592471
Click to expand...
Ya, there is a lock out period.

That is why i was surprised to see that you joined both cimb and esaver promo at the same time

Maybe you want to find the other post that i mentioned, someone switching fast and star for the promo as i think that person says the promo is based on account.

Either way, do not move your money in or out on the last day, do it tmr if you have to since HSBC,SC,Maybank,CIMB should have new promos tmr abiet interest rates may not be the best.
 
S

sibeiTrolled

Senior Member
Joined
Oct 23, 2012
Messages
1,972
Reaction score
1,601
S

shengliang1981

Senior Member
Joined
Nov 5, 2007
Messages
2,437
Reaction score
174
S

sibeiTrolled

Senior Member
Joined
Oct 23, 2012
Messages
1,972
Reaction score
1,601
shengliang1981 said:
I'm aware of this clause in the T&C, but just wondering if they really follow this clause and perform a single crediting on 31 Oct 2024 or they might split into multiple crediting.
Click to expand...
Ah ok, then i am not sure about this.

Only those who joined the May and Jun 24 promo will know, and if they even report back here with the exact date of their bonus interest date

Wasn't exactly following this thread, so you probably have to manually hunt down those post if they exist


2nd Sept and 30 Sept should be the dates of bonus interest for that batch
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top