CIMB FastSaver

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Squaredot

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maumu said:
seems like CIMB no longer runs bonus interest for good? only have the extra 0.5% for SI and 1%/1.5% for card spend.

I belonged to the Dec-Feb cycle... can I empty the account (FastSaver) today since it has no fall-below fee or min. balance requirement? bonus from Dec-Feb supposed to receive on 31 March... do I need to continue to keep the min. $5k increment (from 30 Nov) until 31 March?
Click to expand...
I think can empty, which I did.
 
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linusz

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maumu said:
seems like CIMB no longer runs bonus interest for good? only have the extra 0.5% for SI and 1%/1.5% for card spend.
I belonged to the Dec-Feb cycle... can I empty the account (FastSaver) today since it has no fall-below fee or min. balance requirement? bonus from Dec-Feb supposed to receive on 31 March... do I need to continue to keep the min. $5k increment (from 30 Nov) until 31 March?
Click to expand...

I also Dec batch. where you send the funds to
 
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maumu

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wutawa said:
Yes. $0 means more int if got promo next time on incremental bal. Hehe
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I just worry got some hidden clause if we empty to $0 and they don't want to honor the bonus interest (Dec-Feb)...
 
tiertime

tiertime

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x9evolution said:
Feb only 28 days , did you miscalculate due to this (I didn’t cal mine as I move most of my fund to other bank FD)
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I have an excel file and calculate the end of day interest DAILY , according to all the (whichever applicable) different tiers and bonus ....

Then I do a sum() to add all the interest for every single day...

Cannot be last few mths accurate only tis FEB got lesser
 
deemax

deemax

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I'm in Dec-Feb batch and just emptied out last 5k+base int from it. Had switched the rest to 3% Posb 2 days ago. Trade off last 2 days of cimb 3.2% to 3 months of 3% Posb.
 
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Mickey01

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tiertime said:
I have an excel file and calculate the end of day interest DAILY , according to all the (whichever applicable) different tiers and bonus ....

Then I do a sum() to add all the interest for every single day...

Cannot be last few mths accurate only tis FEB got lesser
Click to expand...
I have doubts that your excel file is more robust in recording daily transactions and calculating base interest as compared to the banking software used by CIMB Bank :)

I also can interpret that CIMB Bank calculated your base interest accurately for the last few months but this month error out your account :)
 
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maumu

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BlackTortoise said:
Me too. Sunday can do ma.
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Sunday transfer in I think will lugi Sunday's interest right?

cos CIMB will treat it as out on Sunday while HSBC will treat it as in on Monday.

I always avoid doing any kind of transactions on Sundays or PH...
 
tiertime

tiertime

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maumu said:
Sunday transfer in I think will lugi Sunday's interest right?

cos CIMB will treat it as out on Sunday while HSBC will treat it as in on Monday.

I always avoid doing any kind of transactions on Sundays or PH...
Click to expand...

HSBC confirm SUNDAY not a crediting day

BUT , CIMB CSO told me they count every day , even if u credit on SUNDAYS ,
can anyone verify this
 
tiertime

tiertime

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sibeiTrolled said:
Yes. i can.
1st Dec is a sunday and my base interest tally.The tracker also states 1st Dec for my deposits
Click to expand...
Nicely done CIMB 💪

HSBC has a lot to learn from them, starting with the complicated aNd confusing T&Cs

Wat min incremental la...
5 times transfers...
Giro must done only AFTER the previous 2 conditions met
reference month for 2.8%,
reference month for 1%,
etc, etc.... 🤡🤡🤡

Too bad CIMB is not continuing their straightforward 3mth promo interest for subsequent mths.... I would hv continued my support 🥹
 
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