CIMB Fixed Deposit Rate Singapore (September 2026): Up to 1.75% p.a.
No fresh funds required. Full tenor breakdown for Personal and Preferred Banking customers.
CIMB Singapore’s fixed deposit rates for September 2026 go up to 1.75% p.a. for Preferred Banking customers on 9- and 12-month tenors. Personal Banking customers earn up to 1.70% p.a. on the same tenors. Unlike some banks, CIMB does not require fresh funds for its standard promotional rates — your existing CIMB savings can qualify. The minimum placement is S$1,000 for tenors of 3 months and above.
Not financial advice. All rates and figures are for educational reference only. Data verified as at 5 September 2026 from official CIMB Singapore sources.
- Best rate: 1.75% p.a. (Preferred Banking, 9 or 12 months, min S$10,000)
- Personal Banking best: 1.70% p.a. (9 or 12 months, min S$10,000)
- No fresh funds needed for standard rates — existing CIMB funds qualify
- Early withdrawal forfeits accrued interest
Table of Contents
CIMB Fixed Deposit Rates — September 2026
CIMB updated its SGD fixed deposit rates effective September 2026. The bank offers two tiers: Personal Banking and Preferred Banking. Here’s the full breakdown for September.
Personal Banking Rates
| Tenor | Rate (% p.a.) | Min Deposit |
|---|---|---|
| 3 months | 1.35% | S$1,000 |
| 6 months | 1.65% | S$1,000 |
| 9 months | 1.70% | S$10,000 (promo) |
| 12 months | 1.70% | S$10,000 (promo) |
Source: CIMB Singapore official rates page, September 2026
Preferred Banking Rates
| Tenor | Rate (% p.a.) | Min Deposit |
|---|---|---|
| 3 months | 1.40% | S$1,000 |
| 6 months | 1.70% | S$1,000 |
| 9 months | 1.75% | S$10,000 (promo) |
| 12 months | 1.75% | S$10,000 (promo) |
Source: CIMB Singapore official rates page, September 2026
Personal vs Preferred Banking: What’s the Difference?
CIMB splits its fixed deposit customers into two tiers. Personal Banking is the standard tier — open to anyone with a CIMB account. Preferred Banking is the higher tier, typically for customers with S$200,000 or more in total relationship balance with CIMB.
The rate difference is 0.05% p.a. between the two tiers. On a S$50,000 placement over 12 months, that works out to S$25 more interest for Preferred customers. It’s modest, but every basis point counts in a low-rate environment.
If you don’t qualify for Preferred Banking, Personal Banking rates are still among the more competitive options in Singapore — especially for the 6-month tenor at 1.65% p.a.
How to Open a CIMB Fixed Deposit in Singapore
You can open a CIMB SGD Fixed Deposit in three ways:
1. CIMB Clicks (online banking): Log in to CIMB Clicks → Select “Fixed Deposit” → Choose your tenor and amount → Confirm. This is the fastest option and takes under 5 minutes.
2. CIMB Mobile App: Same process as Clicks, but on your phone. Available on iOS and Android.
3. At a CIMB branch: Bring your NRIC and existing CIMB account details. Branch placements may access additional rates not available online — worth asking if you have a large sum.
You do not need to be an existing CIMB current account or savings account holder to open a fixed deposit — but you will need a CIMB account to receive the principal and interest at maturity.
Key Conditions You Should Know
Before placing a CIMB fixed deposit, check these four points:
No fresh funds requirement (standard rates): CIMB’s standard promotional rates apply to both new and existing funds. This is a key advantage over banks like UOB, which restrict promotional rates to fresh funds only.
Minimum placement: S$1,000 for 3-month and above tenors. S$5,000 for 1- and 2-month tenors. For promotional rates, S$10,000 is required.
Early withdrawal penalty: If you withdraw before maturity, CIMB will recalculate your interest at the lower of the contracted rate or the prevailing rate for the period you actually held the deposit. In most cases, this means you earn significantly less. Plan to hold to maturity.
Auto-renewal: At maturity, your fixed deposit automatically rolls over at the prevailing board rate unless you instruct otherwise. The board rate is typically lower than the promotional rate. Set a reminder to review your deposit at maturity.
If you’re comparing fixed deposits with Singapore Savings Bonds or Singapore T-bills, note that SSBs offer full capital flexibility (no penalty for early redemption), while T-bills are more liquid via the secondary market.
CIMB Fixed Deposit vs Other Singapore Banks (September 2026)
How does CIMB stack up against the other options for your savings right now? Here’s a quick comparison for 12-month SGD fixed deposits.
| Bank | Best 12M Rate | Min Deposit | Fresh Funds? |
|---|---|---|---|
| CIMB (Preferred) | 1.75% | S$10,000 | Not required |
| Bank of China | 1.70% | S$500 | Check T&Cs |
| CIMB (Personal) | 1.70% | S$10,000 | Not required |
| Maybank | ~1.50% | Varies | Check T&Cs |
| UOB (Wealth) | 1.40% | S$10,000 | Fresh funds only |
| DBS | ~1.30% | S$1,000 | Check T&Cs |
Sources: Official bank websites, September 2026. Rates may vary; always verify at point of placement.
CIMB’s competitive edge is the combination of a strong rate and no fresh funds requirement. Bank of China is the closest competitor on rate, but its S$500 minimum makes it more accessible for smaller deposits. If you already have money sitting in a CIMB savings account, rolling it into a CIMB FD is a straightforward decision.
For context, the Singapore Savings Bonds for September 2026 offer 2.25% p.a. over 10 years. If you can lock in for the long term without needing the money, SSBs beat CIMB’s FD rate — and they carry no early withdrawal penalty.
Is the CIMB Fixed Deposit Worth It?
CIMB fixed deposits make sense in a few scenarios. First, you already bank with CIMB and want a no-fuss way to earn more on idle cash. Second, you have a short-to-medium timeline (6–12 months) and want a guaranteed return. Third, you can’t access the S$500 minimum for Bank of China but have S$1,000 to spare.
CIMB might not be your best option if you need liquidity. Fixed deposits lock your money up and penalise early withdrawal. For emergency funds or money you might need within 3 months, a high-interest savings account with no lock-in is a better home.
If you’re considering where CIMB fits in your broader savings plan, use our Singapore retirement calculator to model how different rates compound over time.
For investors with longer horizons, comparing CIMB FDs with Singapore T-bills 2026 is worthwhile — T-bills are government-backed and currently offer comparable returns.
Frequently Asked Questions
What is the highest CIMB fixed deposit rate in Singapore for September 2026?
The highest CIMB fixed deposit rate in Singapore for September 2026 is 1.75% p.a., available to Preferred Banking customers on the 9-month and 12-month tenors. Personal Banking customers can earn up to 1.70% p.a. on the same tenors. A minimum placement of S$10,000 is required for these promotional rates.
Does CIMB require fresh funds for its fixed deposit promotional rates?
No. CIMB’s standard SGD fixed deposit promotional rates apply to both existing and fresh funds. This means you can transfer money from your existing CIMB savings or current account to lock it into a fixed deposit and still earn the promotional rate. This is different from banks like UOB, which typically restrict promotional rates to fresh funds from outside the bank.
What is the minimum deposit for a CIMB fixed deposit in Singapore?
For tenors of 3 months and above, the minimum deposit is S$1,000 at board rates and S$10,000 to access promotional rates. For 1- and 2-month tenors, the standard minimum is S$5,000. These minimums are among the more accessible in Singapore, making CIMB a good option for savers who don’t have S$20,000+ to place.
What happens if I withdraw my CIMB fixed deposit before maturity?
If you withdraw before the maturity date, CIMB will forfeit your promotional interest rate. The bank recalculates interest based on the number of completed months and applies the lower of the contracted rate or the prevailing board rate for that period. In practice, this means you could earn significantly less than expected. Always plan to hold your CIMB fixed deposit to maturity.
How does CIMB fixed deposit compare to Singapore Savings Bonds?
Singapore Savings Bonds for September 2026 offer a 10-year average return of 2.25% p.a. — higher than CIMB’s best FD rate. However, SSBs require a 1-year minimum holding period to earn meaningful interest, and redemptions take about a month to process. CIMB fixed deposits are better for shorter horizons (3–12 months) where you want a guaranteed rate with a defined end date. For long-term savings with flexibility, SSBs have the edge.
Is CIMB Singapore a safe bank to place fixed deposits with?
Yes. CIMB Bank Berhad is a full bank licensed by the Monetary Authority of Singapore (MAS). Deposits placed with CIMB Singapore are protected up to S$100,000 per depositor under the Singapore Deposit Insurance Corporation (SDIC) scheme. This covers all your eligible CIMB deposits — savings, current, and fixed deposits combined.
Can I open a CIMB fixed deposit without an existing CIMB account?
You will need a CIMB savings or current account to receive the principal and interest when your fixed deposit matures. If you don’t have one, you can open a CIMB FastSaver account (no minimum balance, no fall-below fee) first, then place a fixed deposit immediately after. The whole process can be done online via CIMB Clicks.
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This article was researched with the help of AI. While we strive to keep all information accurate and up to date, there may be errors. If you notice any discrepancies, please contact us.
