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Anonymous

08 Aug 2023

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General Investing

What is the difference between CIMB Fastsaver and Starsaver? They seem to have the same interest rate...

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Billy

Edited 08 Aug 2023

Development & Acquisitions Manager at Real Estate Private Equity

Fastsaver's interest rate helps one grow a smaller account whereas Starsaver is more beneficial for larger accounts

https://www.cimb.com.sg/en/personal/help-suppor...

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Currently using DBS Remix eSavings Plus earning 0.05% interest. Should I open CIMB FastSaver and transfer my money over to earn 1% interest instead? Will there be a huge difference in the interest earned?

CIMB FastSaver revising their interest rates as well... From 0.50% to 0.30% for the first $50k.... Any thoughts?

Is the CIMB FastSaver the best savings account given that the interest rates have decreased from 1.5% to 0.75% now?

Anybody still holding on to CIMB FastSaver account after interest rates have been reduced?

Does CIMB FastSaver pay interest on a daily basis? For their 1% interest pa.?

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