CIMB FastSaver

[ChrisL82]

will u join the next promo, currently 3.2%?

I took part in the Dec one.
Yep bonus interest comes in end of the promo where one partook plus a month later. Unlike uob one or ocbc 360.. but is a separate criterion one needs to fulfill.

 

[kyiori]

How can I determine which month I participated in the promotion? I’ve lost track due to some incoming funds to my CIMB FastSaver account over the past few months.

 

[royalmix]

Is not me who get 1 lumpsum. Is how peeps who partake in the promotion for the month. Is how it works right?

I didn’t check, too tedious. I did a rough check for the basic interest for December, and it looks right. So am assuming the bonus interest calculations should be right too. Anyways the amount is not large, so am leaving it.

No worries, I get good infor from this forum too. Just sharing for peeps who are confused.

Now I realised I had misread or misunderstood your post. So cool down!

 

[maumu]

I'm shifting out from CIMB to park in EGA this month- need to leave $5k insai to ensure still eligible for the CIMB promo BI?

 

[bruiser69]

I only got the bonus in Nov (quite good) and but nothing in Dec 24 or Jan 25. Very confusing how all the bonuses are calculated. I got 2 CIMB accounts and made sure each does not go above the SDIC cut off rate.

Very confusing CIMB promos these days and I no time to check and understand. Withdrew all from CIMB yesterday and put some in CF and the rest into Maribank Savings & Invest.

Must punish CIMB for making convoluted hoops for us to jump through instead of the good old days when the plans and promos were straightforward and easy to understand

Ish rike that. I take my money elsewhere if you make it too difficult for me

 

[sglandscape]

I only got the bonus in Nov (quite good) and but nothing in Dec 24 or Jan 25. Very confusing how all the bonuses are calculated. I got 2 CIMB accounts and made sure each does not go above the SDIC cut off rate.

Very confusing CIMB promos these days and I no time to check. Withdrew all from CIMB yesterday and put some in CF and the rest into Maribank Savings & Invest.

Must punish CIMB for making convoluted hoops for us to jump through instead of the good old days when the plans and promos were more straightforward and easy to understand

Ish rike that. I take my money elsewhere if you make it too difficult for me

Read the tnc?

Don't think any banks would care unless you have a few million dollars

 

[ChrisL82]

Now I realised I had misread or misunderstood your post. So cool down!

Am just saying it not me… is everyone who partakes in the promotion. I don’t need liang teh

 

[bruiser69]

Read the tnc?

Don't think any banks would care unless you have a few million dollars

Well, doesn't matter to me either. I park elsewhere where the T&Cs more straightforward

Call me kiasu but I won't go above the SDIC cutoff rate. More troublesome to go to several banks but that's me

 

[vsvs24]

No more. I called and enquired before.

Thanks. Going to try.

https://www.mas.gov.sg/news/parliam...-to-parliamentary-question-on-hardware-tokens

Lawrence Wong's reply to parliament :
Although these banks do not provide hardware tokens by default, bank customers can request for a hardware token if it better meets their needs. There is therefore no need for MAS to mandate that hardware tokens be made available to bank customers as an option.

 

[royalmix]

I only got the bonus in Nov (quite good) and but nothing in Dec 24 or Jan 25. Very confusing how all the bonuses are calculated. I got 2 CIMB accounts and made sure each does not go above the SDIC cut off rate.

Very confusing CIMB promos these days and I no time to check and understand. Withdrew all from CIMB yesterday and put some in CF and the rest into Maribank Savings & Invest.

Must punish CIMB for making convoluted hoops for us to jump through instead of the good old days when the plans and promos were straightforward and easy to understand

Ish rike that. I take my money elsewhere if you make it too difficult for me

No need to stress yourself! There are easier ones to get 3.2%-3.4% or even more around!

 

[pantss]

No need to stress yourself! There are easier ones to get 3.2%-3.4% or even more around!

like?

 

[IcYFl4mEz]

for NOV-JAN customers, can withdraw full amount and leave $0 on 1st Feb , while waiting for the interest to be in right?

 

[Devilsire]

Ok, FOR NEW CUSTOMERS, LAI LAI, I summarise the benefits and tnc of FASTSAVER based on my own interest only!

The TNC is written to attract NEW CUSTOMERS!

1. Promo 1 - Jan to Mar 2025 : Deposit at least 5k to earn up to 3.2%. Leave at least 5k there every day until end of Mar, guaranteed BI for every single cent in the account, every day, every mth, up to end of period 31 Mar! Max 75k to optimise your EIR! Put more, your EIR will drop but cap at 3.2%!

2. Promo 2 - Jan to Dec 2025 : Do at least 1k Standing Instruction every mth, get additional 0.5% on first 25k. IE From Jan to Mar 2025, you get at least 3.7% on first 25k. After Mar 2025, play by ear!

Good luck! Standing by to play games once I confirm I need to play games!

I only drop "hints"!

Max 75k to optimise your EIR! -> hmm why, cos of the 3.3% for 50-75k bracket?

anyway i just calculated, at 75k, max EIR will be 3.4% (with BI and AI)

So say if one have more than 200k, best to consider having 3 accounts, eg. FasteSaver + FastSaver-i + Starsaver and do a 75k each trigger for each account?

 

[JetStorm]

More than 75k is 3.2% also what

 

[dngth]

Ok, FOR NEW CUSTOMERS, LAI LAI, I summarise the benefits and tnc of FASTSAVER based on my own interest only!

The TNC is written to attract NEW CUSTOMERS!

1. Promo 1 - Jan to Mar 2025 : Deposit at least 5k to earn up to 3.2%. Leave at least 5k there every day until end of Mar, guaranteed BI for every single cent in the account, every day, every mth, up to end of period 31 Mar! Max 75k to optimise your EIR! Put more, your EIR will drop but cap at 3.2%!

2. Promo 2 - Jan to Dec 2025 : Do at least 1k Standing Instruction every mth, get additional 0.5% on first 25k. IE From Jan to Mar 2025, you get at least 3.7% on first 25k. After Mar 2025, play by ear!

Good luck! Standing by to play games once I confirm I need to play games!

I only drop "hints"!

Wld CIMB know if it is a monthly standing instruction or can we just do an adhoc transfer from another bank account via GIRO?

 

[sgdividends]

Can check , how does cimb know if we participate for Dec, Jan, Feb
Or
Jan, Feb, mar?

There is no form to fill up right ?

 

[addict951]

for NOV-JAN customers, can withdraw full amount and leave $0 on 1st Feb , while waiting for the interest to be in right?

I’m also on this 3.3% cycle and intend to withdraw all on 01 Feb.

 

[sibeiTrolled]

How can I determine which month I participated in the promotion? I’ve lost track due to some incoming funds to my CIMB FastSaver account over the past few months.

When was the first > 5k SGD deposited into your CIMB account?
Which month was that?

Can check , how does cimb know if we participate for Dec, Jan, Feb
Or
Jan, Feb, mar?

They look for daily incremental of more than 5K afterall banks do processing daily so they will know.
After that it just a simple if this then that rule set based on their TnC.

CIMB ownself make their life hard by supporting concurrent promo so if you want to join their promo, keep a copy of your own promo.

 

[ChrisL82]

I’m also on this 3.3% cycle and intend to withdraw all on 01 Feb.

I think one still entitled to the bonus interest. As long one fulfills the 5K within the 3 mths of the slated promo.

Maybe someone can answer this..
I intend to do it on the 2nd mth, and not complete the 3 whole months of the promo

 

[wutawa]

I think one still entitled to the bonus interest. As long one fulfills the 5K within the 3 mths of the slated promo.

Maybe someone can answer this..
I intend to do it on the 2nd mth, and not complete the 3 whole months of the promo

wah, u better guai guai leave at least $5k increment in the acct for 3 mths. i dont have any official backup, just humji.