CIMB Step-Up Fixed Deposit

CIMB Step-Up Fixed Deposit Interest Rates

	Month	Interest
1	4	1.00% p.a.
2	8	1.20% p.a.
3	12	1.40% p.a.
4	16	1.70% p.a.
5	20	2.00% p.a.
6	24	2.60% p.a.
Average		1.65% p.a.

Step up rate of 0.20% to 0.60% p.a. starting from 1.00% p.a. in the first cycle to 2.60% p.a. in the sixth cycle for a 24-Month SGD Step Up Fixed Deposit (Until 30 Sep 2016)

Each cycle has a period of 4 months

The average interest rate of the CIMB 24-Month Step Up SGD Fixed Deposit is 1.65% p.a.

Flexibility to withdraw anytime with no penalty

A minimum deposit of $10,000 and maximum of $1,000,000 is required to receive these rates

	Month	Interest
1	1	0.70% p.a.
2	2	0.80% p.a.
3	3	0.90% p.a.
4	4	1.00% p.a.
4	5	1.10% p.a.
4	6	1.20% p.a.
4	7	1.30% p.a.
4	8	1.50% p.a.
4	9	1.70% p.a.
4	10	2.00% p.a.
4	11	2.30% p.a.
4	12	2.90% p.a.
Average		1.45% p.a.

Alternatively, depositors can choose a 12-Month SGD Step Up Fixed Deposit where there is a Step up rate of 0.10% to 0.60% p.a. starting from 0.70% p.a. in the first cycle to 2.90% p.a. in the twelveth cycle (Until 30 Sep 2016)

Each cycle has a period of 1 month

The average interest rate of the CIMB 12-Month Step Up SGD Fixed Deposit is 1.49% p.a.

Click here to go to CIMB website for more details