CIMB Singapore has raised its online fixed deposit promotion to 1.80% p.a. on a 12-month placement from S$10,000, and this time the terms carry a hard window: Mon 21 to Wed 30 September 2026. When we last checked CIMB for our fixed deposit guide on 14 September, the same tenor paid 1.70%.
> Quick view: 12 months 1.80% · 6 and 9 months 1.75% · 3 months 1.35% · from S$10,000, up to S$1,000,000 a placement · no fresh-funds rule · online only · 21-30 Sep 2026 · 1.85% only for CIMB Preferred (S$250,000) · Why Wait FD-i adds S$88 per S$100,000 of new money · renews at 0.30% unless you change it.
The rates
These are read off CIMB's own SGD Fixed Deposit page, which states "From 21 September 2026, get up to 1.85% p.a. on the 12-Month tenure".
| Tenor | Personal Banking (from S$10,000) | Preferred Banking (from S$10,000) |
|---|---|---|
| 3 months | 1.35% | 1.40% |
| 6 months | 1.75% | 1.80% |
| 9 months | 1.75% | 1.80% |
| 12 months | 1.80% | 1.85% |
The 1.85% is not for most people. CIMB Preferred needs a S$250,000 Total Relationship Balance (or a S$1,000,000 mortgage). For everyone else the number is 1.80%. On S$10,000 for a year that is S$180 of interest, against S$30 at CIMB's own 0.30% board rate.
What makes this one different
There is no fresh-funds condition. CIMB's terms open the promotion to all new and existing customers placing at least S$10,000, and nothing in them restricts where the money comes from. So a maturing CIMB deposit, or savings already in a CIMB account, can go straight in at 1.80%. Several of the other 1.80% boards this month, SingFinance's included, only take new money.
It is online only. New customers apply on cimb.com.sg with MyInfo. The form opens a CIMB FastSaver account, you FAST the money in from your other bank, and the placement is made from there.
The fine print that can cost you the rate
- Everything has to finish by 30 September. The terms say the account must be fully funded, all documents provided and all checks passed within the promotional period. If not, CIMB rejects the placement and sends the money back. A video verification call may be part of account opening, so new customers should not leave this to the last weekend.
- CIMB can end it early. The window is "21 September 2026 to 30 September 2026 or at such earlier date as CIMB Bank may at its discretion determine".
- Breaking early is expensive. The promo rate falls away and interest is paid only for completed quarters. Withdraw after five months and you are paid for three.
- It renews at the board rate. At maturity the deposit rolls over at CIMB's promo rate if one is running, otherwise at board: 0.30% p.a. under S$100,000 and 0.35% from S$100,000. Set a reminder and change the instruction in CIMB Clicks.
- Not stackable with other CIMB offers, and personal or joint accounts only.
The better deal hiding next to it: Why Wait Fixed Deposit-i
CIMB's Shariah-compliant Why Wait Fixed Deposit-i pays the same online promo rates (1.80% at 12 months from S$10,000), with one practical difference: the profit is paid upfront, into your CIMB account, on day one.
It also carries a separate September promotion: place at least S$100,000 of fresh funds into a 12-month Why Wait FD-i between 1 and 30 September and get S$88 cash credit per S$100,000, capped at S$176 per account. Clause 12 of its terms confirms that customers on the 12-month Why Wait FD-i promotion rate are also eligible for the S$88.
| S$100,000 for 12 months | Interest / profit | Cash credit | Effective |
|---|---|---|---|
| Fast FD, Personal | S$1,800 | none | 1.80% |
| Fast FD, Preferred | S$1,850 | none | 1.85% |
| Why Wait FD-i, fresh funds | S$1,800 (upfront) | S$88 | about 1.89% |
The conditions are real, though:
- The S$88 is slow. It is paid a calendar month after maturity, so by end October 2027.
- At least one holder needs a CIMB savings or current account before 30 September. The online application opens a FastSaver-i for new customers.
- Close the account within six months and CIMB takes the S$88 back.
- Placements are rounded down: S$180,000 earns S$88, not S$158.
- Early withdrawal means handing back part of the upfront profit under CIMB's rebate formula.
- The principal renews at the Islamic board rate of 0.10% unless you change it.
How it compares
On our 14 September check, RHB paid 1.80% only for Premier customers (1.70% Personal, S$20,000 at a branch), GXS paid 1.75% at 12 months with no minimum, and SingFinance pays 1.80% at 6 and 12 months from S$10,000 but only on fresh funds. So CIMB's 1.80% ties the best ordinary rates without the fresh-funds or branch-visit strings. Boards are moving within days of each other this month, so check the rate on the day you place.
Before you place
- Apply now if you are new to CIMB. Approval and funding both have to land by Wed 30 September.
- Pick 12 months over 6 or 9. It is 0.05 points more for the same S$10,000 minimum.
- Use the Why Wait FD-i if you have S$100,000+ of new money for a year. Otherwise the two are level.
- Keep total deposits at CIMB under S$100,000 if SDIC cover matters to you.
- Change the maturity instruction so the money does not slide onto a 0.30% or 0.10% board.
Related
- 10 Best Fixed Deposit Rates in Singapore (2026). The ten providers we track, and how often each one re-prices.
- SingFinance's Online Fixed Deposit Pays 1.80% p.a., But Only From $10,000. The other 1.80% this month, and why it needs fresh funds.
- 5 Best Savings Accounts in Singapore (2026). For money you cannot lock away.
- Best Digital Banks in Singapore (2026). Trust, GXS and MariBank with no lock-in.
- Best Singapore Promos & Deals This Month. Everything live, sorted by urgency.
*Rates, the 21-30 September window and all fine print above are read off CIMB's own SGD Fixed Deposit page, its "Terms and Conditions Governing CIMB Fast Fixed Deposit Promotion" (correct as of 21 September 2026), its Why Wait Fixed Deposit-i page and the S$88 for S$100K September 2026 promotion terms, plus CIMB's SGD Fixed Deposit Rates page for the board rates and cimbpreferred.com.sg for the S$250,000 Preferred threshold, all checked 22 September 2026. Competitor rates are from our fixed deposit guide's 14 September check and our SingFinance article of 19 September. This is general information, not financial advice. Photo: CIMB Singapore official Fixed Deposit page image.*
