Personal Finance
Another new candidate account to park your warchest
By Azrael's Financial Cents  •  September 18, 2015
I was tired and on my company bus home from work. On my facebook feed, I saw this new account from CIMB, called CIMB FastSaver. 1.0% p.a. without any fees nor conditions for the first 50k, sounds like it will replace the CIMB StarSaver Savings account on my watchlist (at least while my balances are still low), no cheque book though. It is an online account similar to my prior StandChart eSavers account. Got some cash credit too though
  • $10 for initial deposits of 1k-9.999k
  • $50 for initial deposits of 10k-24.999k
  • $100 for initial deposits of 25k and above
Might be worth considering if you're gonna put money in SSB for 1 year anyway. But that being said, it would be an add-on to my existing OCBC 360 (and probably UOB One in the future), instead of a replacement, competing with fixed deposits. Can also open ......
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By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.
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