CIMB announced an increase in the FD interest rate which take effect on October 13.
Good news! The preferential interest rate for fixed deposits has increased, and the new rate will be effective as of October 13.
In a release, CIMB Bank announced that the preferred interest rate on time deposits would increase to 3.30% per year as of October 13, 2022.
For 6 months of storage, you could previously only receive 2.85% p.a., but starting on October 13 you can get 3.05% p.a., an increase of 0.20%. The 12-month fixed deposit rate, which was 3.10% per year previously, will increase to 3.30% per year as of October 13.
Regarding the 3-month fixed deposit, the interest rate that is currently offered will not change from 2.65% p.a.
For each of these three fixed deposit programmes, the minimum deposit is RM5,000. Users who have already deposited cannot take advantage of this advantageous interest rate; only time deposits deposited after October 13th will qualify for it.
This fixed deposit offer can only be placed through the CIMB Clicks website and not the CIMB Clicks mobile application.
CIMB Fixed Deposit Offer
Dates: 13 October – 3 November 2022
interest rate:
3 months – 2.65%p.a.
6 months – 3.05%p.a.
12 months – 3.30%p.a.
Minimum deposit: RM5,000
Condition: It must be stored through the CIMB Clicks web page, not through the CIMB Clicks APP
