Is CIMB a reputable bank?

One of the best savings account in Singapore! No worries your savings in CIMB is definitely safe because of Singapore Deposit Insurance Scheme.

I can't think of any cons except the limited ATMS. What I will do is transferring money from CIMB to OCBC and withdraw from OCBC ATMs.

There is no fall below fee for CIMB FastSaver. However, you do not get any interest for the day if the savings for that day is less than $1000.

You get a 1.9% interest for 12 months FD.

Your deposits are coming under Deposit Protection Insurance upto S75,000.

So you can deposit upto $75,000 without any fear.

CIMB is one of the big banks from Malaysia and is quite a reputable bank.

All banks, foreign or local, have to meet many strict criteria and bank deposit reserves if they take in Singapore deposits, and are insured by SDIC in Singapore, of up to $75k per individual.

You should feel safe with your money in any bank accounts in Singapore.

It's not bad - I have used them for more than 5 years now and it has been a fairly hassle free experience and I get the steady interest rate return.

I also used their credit card, and they straight up have no fees. That saves me to trouble of calling up to waive annual credit card fees, which I appreciate.

The other thing is that they only have 2 physical branches in terms of ATMs, which can be a pro or con depending on how you look at it. I like it, since I'm less likely to withdraw cash :)