It really has been a very long long time since I wrote about fixed deposits because I could not find any ones that are good and simple to understand. Recently, I found a good deal from CIMB Bank. As part of their 9th Birthday celebration, CIMB Bank is offering an additional 0.09% interest per annum on all their online promotional SGD Fixed Deposit rates. You can choose the duration of 3 months, 6 months or 12 months and if you apply online, they offer higher interest rates as shown in the table below. Interest Rates (% p.a.) 3 Months 6 Months 12 Months Branch Rate 1.30 1.45 1.55 Online Exclusive Rates 1.49 1.64 1.84 A minimum of S$10,000 per placement is required. Using S$10,000 as an illustration, If you place a fixed deposit for 3 months, the total accrued amount (principal + interest) that you will receive ......