Are you looking for a high interest rate term deposit offer? Here is your introduction to CIMB’s FRIA-i CASA-i Bundle Campaign, where depositors can enjoy a preferential interest rate of up to 3.83%p.a.
CIMB is offering FRIA-i CASA-i Bundle Campaign, a savings/current account and time deposit link offer. The offer requires users to split their funds into 3-for-1, i.e. three quarters into a time deposit account and one quarter into a savings/current account.
This offer requires the user to deposit a minimum of RM10,000 into the Time Deposit account and a minimum of RM3,333 into the Savings/Current account. Users must keep the funds in the time deposit and savings/current account for a period of 6 months in order to enjoy the preferential time deposit rate of 3.83% p.a.
This offer is applicable to all CIMB savings/current account users except Junior Savers Account-i, Youth Savers Account-i, Special Mudharabah Investment Account-i, Foreign Currency Current Account-i, Private Banking Current Account-i, and High Yield Current Account-i.
While depositors are entitled to a fixed deposit rate of 3.83% p.a., the Effective Rate will be 2.87% to 3.24% p.a. after taking into account the deposits in the savings account.
Interested users can visit the nearest CIMB bank counter to deposit the funds, which must be Fresh Fund.
Here is an example of depositing RM10,000 into a time deposit and RM3,333 into a savings/current account. After 6 months of deposit, the effective interest rate that the user can enjoy for time deposit will be 2.91%p.a.
