CIMB FastSaver Account
Unclaimed
This product has not been claimed by the company yet.
USER RATINGS
Customer Support
Ease of online banking
CIMB FastSaver Account
Up to 0.9% p.a.
INTEREST RATES
$1,000
MIN. INITIAL DEPOSIT
$1,000
MIN. AVG DAILY BALANCE
CIMB FastSaver Account
Up to 0.9% p.a.
INTEREST RATES
$1,000
MIN. INITIAL DEPOSIT
$1,000
MIN. AVG DAILY BALANCE
Details
The CIMB FastSaver is an online savings account which has no multiple conditions. You don't need to clock any credit card spend, credit your salary, purchase investment or insurance products, and there are no monthly fees!
As of 15 January 2021:
4.5
180 Reviews
Read Review About...
Purchased
CIMB FastSaver Account
0
Post
Purchased
CIMB FastSaver Account
0
Post
Purchased
CIMB FastSaver Account
0
Post
Purchased
CIMB FastSaver Account
0
Post
Purchased
CIMB FastSaver Account
0
Post
No Question Found.
Account Balance | First S$50,000 | Next S$25,000 | Next S$25,000 | Above S$100,000 |
---|---|---|---|---|
Prevailing Rates (p.a.) | 0.30% | 0.30% | 0.15% | 0.15% |
Base Interest Rate: 0.30% p.a. for the first $50,000 in your account
Maximum Interest Rate: 0.75% p.a. for account balances from S$75,000 - S$100,000
CIMB FastSaver is a fuss-free savings account which doesn't need you to credit your salary, spend any amount with credit cards, or even buy any insurance or investment products.
If you wish to earn more interest, just increase your account balance and meet the next qualifying tier to get more interest.
It's that simple.
The interest in your CIMB FastSaver account is accrued daily and credited monthly. Daily interest will be paid on the entire daily balance, provided that you have at least S$1,000 in your account balance on any given day.
Before the revisions in interest rates, a 1.00% p.a. interest rate for a minimum deposit of S$1,000 deposit was one of the reasons that made CIMB FastSaver a crowd favourite.
This easy accessibility to a decent interest rate made CIMB FastSaver incredibly attractive. Especially amongst students, fresh graduates, first-jobbers, and couples saving up for major life purchases.
However, with each new revision to its interest rates, the CIMB FastSaver is slowly losing its appeal.
That being said, it still gives a 0.30% p.a. interest on account balances up to S$75,000, which still beats what a regular savings account would give you (0.05% p.a.). So if you just need a fuss-free place to park your money, the CIMB FastSaver is still not too bad an idea.
Unless you'd like to consider other options like insurance savings plans, which may offer a higher rate of return.
You'll need to bring along:
For Singaporeans/PRs and Malaysians Residing In Singapore
For Foreigners
Contact us at [email protected] should you require any assistance or spot any inaccuracies.