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I'm looking to open this account for my parents and their spending on groceries. For those with CIMB FastSaver account:
(1) Is there a debit card tagged to it?
(3) Is the card with paywave function?
(2) From what I read on the FastSaver Account FAQ, there seems to be a $10 application fee just to have the card, can someone let me know if this is the case?
TIA!
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Nicholas Beh
12 Jun 2020
Student Ambassador 2020/21 at Seedly
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Ng Wei En
12 Jun 2020
Analyst at Mastercard
I used to have a CIMB FastSaver Account and I remembered it did not come with the option of getting a debit card along with the account. A quick check on CIMB's website also showed that the only cards they offered are credit cards. Therefore, I am assuming there is no debit card along with the CIMB FastSaver account if that is what you're asking. You may however apply for a credit card with CIMB if you are keen.
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The Fastsaver account does not come with cards of any kind. It doesn't really make sense to have a CIMB ATM card in Singapore as it doesn't support NETS and can only be used at CIMB ATMs at their 2 branches here in SG.
If you really want a CIMB ATM card, you can sign up for the Starsaver account, which earns a lower 0.8% interest and requires a higher initial deposit of $5k. However the ATM card can be used for fee-free withdrawals at Plus ATMs worldwide.
Alternatively you can sign up for a credit card with them.