CIMB current accounts

Enjoy a host of benefits and fuss-free banking with CIMB.

CIMB offers a range of current accounts that can appeal to many people — from couples and families to pre-retirees and retirees. Read on to find out more about CIMB current accounts, including features and fees.

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S$1

Monthly fee

S$5,000

Minimum Initial Deposit

S$0

Fall below monthly fees

Compare a range of CIMB current accounts in Singapore

1 - 3 of 3
Name Product Mobile View Current Account Monthly fee Minimum Initial Deposit Fall below monthly fees Mobile payments
  • Monthly fee

    S$1

  • Minimum Initial Deposit

    S$5,000

  • Fall below monthly fees

    S$0

  • Mobile payments

S$1
S$5,000
S$0
Samsung Pay
This combined current and savings account offers three interest tiers based on the size of your account balance.
  • Monthly fee

    S$1

  • Minimum Initial Deposit

    S$1,000

  • Fall below monthly fees

    S$10

  • Mobile payments

S$1
S$1,000
S$10
Samsung Pay
Enjoy the convenience and flexibility to conduct your transactions in a wide array of foreign currencies.
CIMB StarSaver-i Account
  • Monthly fee

    S$1

  • Minimum Initial Deposit

    S$1,000

  • Fall below monthly fees

    S$0

  • Mobile payments

S$1
S$1,000
S$0
Samsung Pay
Earn competitive profit rates with this Shariah-compliant account with both checking and savings facilities.
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With CIMB current accounts, you can issue cheques and manage your daily transactional needs all in one place. Learn more about the different current accounts offered by CIMB Bank, as well as their features and fees in this review.

About CIMB Bank

CIMB Bank Berhad of Singapore (CIMB Bank) is a wholly-owned subsidiary of CIMB Group, a leading Malaysian bank headquartered in Kuala Lumpur. Operating on a full banking licence in Singapore, CIMB Bank offers a full suite of personal and commercial banking services.

What features come with CIMB current accounts?

CIMB current accounts differ across account types, but you can generally expect the following features:

  • Attractive interest rates
  • Online banking facilities
  • Virtual and on-the-phone support features

What current accounts does CIMB offer?

Here are some CIMB current accounts you may wish to consider when opening a new account:

What features come with CIMB current accounts?

CIMB current accounts differ across account types, but you can generally expect the following features:

  • Attractive interest rates
  • Online banking facilities
  • Virtual and on-the-phone support features

What fees are charged with CIMB current accounts?

Here are some common fee types you may encounter with a CIMB current account:

  • Early account closure fee. If your account is closed before a stipulated time period, you may face early account closure costs. This applies to the CIMB FastSaver Account, where early closure results in a $50 penalty fee.
  • Counter transaction fee. Counter transactions tend to come with a minimum charge of $5.
  • Monthly account fees. Select CIMB current accounts, such as the CIMB StarSaver Account, charge a monthly fee of S$1. However, this fee may be waived if you opt out of paper statements.
  • Miscellaneous fees. CIMB charges fees for miscellaneous costs, such as costs related to getting a new ATM card and transacting in foreign currencies.

How do I open a current account with CIMB?

You can open a CIMB current account in the same manner as you would open any other Singapore current account. Once you’re certain that you’re eligible for your desired account, gather the essential documents and apply.

If you’re an existing CIMB account holder and are looking to open another, you can apply for a new account promptly through CIMB’s online banking services.

New applicants (Singapore citizens and PRs) can apply with their SingPass, a simple and secure application process that speeds up the process by retrieving your personal details and income information directly from MyInfo. Alternatively, you can also fill up an online application form listed on CIMB website if you don’t have a SingPass account.

Eligibility criteria

The specific eligibility criteria may vary depending on the specific CIMB account you’re applying for, but you’d typically need to meet these requirements:

  • Age. You must be at least 18 years of age
  • Residency. Singapore citizen, permanent resident or foreigner with a valid permit.

Required documents

Make sure you have the following information and documents ready when you apply:

  • Singapore citizens and permanent residents. ID and the latest copy of a proof of residence (e.g. local utility bill, local telecommunication bill, local bank statement)
  • Foreigners working in Singapore. Passport, Employment Pass, proof of residence (e.g. IPA issued by MOM, Work Permit issued by MOM)
  • Foreigners studying in Singapore. Passport, matriculation or student card approved by the ICA, or proof of residence (e.g. utility bill, telecommunication bill, bank statement)

The verdict

Ultimately, the best CIMB current account will be one that suits your banking needs best.

For example, the CIMB StarSaver Account is suitable for day-to-day transactional needs, while the Foreign Currency Current Account will be more appropriate for individuals who make frequent overseas transactions.

If you’re looking for Shariah-compliant bank accounts, you’d be pleased to know that CIMB offers them. This is rare in Singapore, and thus is a unique product offered by CIMB banking.

Compare a range of current accounts in Singapore

1 - 20 of 23
Name Product Mobile View Current Account Monthly fee Minimum Initial Deposit Fall below monthly fees Mobile payments
  • Monthly fee

    S$0

  • Minimum Initial Deposit

    S$0

  • Fall below monthly fees

    S$0

  • Mobile payments

S$0
S$0
S$0
Apple Pay, Google Pay
Wise (formerly TransferWise) is an international account for over 50 currencies, with instant, super-cheap money transfer, a card to spend in any currency, bank details to get paid in 30 different countries and multi-currency direct debits.
  • Monthly fee

    S$0

  • Minimum Initial Deposit

    S$0

  • Fall below monthly fees

    S$0

  • Mobile payments

S$0
S$0
S$0
Apple Pay, Google Pay
Enjoy no monthly fees, competitive currency conversion rates, and spend in over 150 currencies with Revolut’s Standard card.
  • Monthly fee

    S$19.99

  • Minimum Initial Deposit

    S$0

  • Fall below monthly fees

    S$0

  • Mobile payments

S$19.99
S$0
S$0
Apple Pay, Google Pay
An exclusive premium contactless card that allows for unlimited currency exchanges, a free Lounge Pass, and 1% cashback on expenses.
  • Monthly fee

    S$9.99

  • Minimum Initial Deposit

    S$0

  • Fall below monthly fees

    S$0

  • Mobile payments

S$9.99
S$0
S$0
Apple Pay, Google Pay
On top of standard Revolut perks, this debit card comes with unlimited spending and free overseas ATM withdrawals, up to $700 per month.
  • Monthly fee

    S$1

  • Minimum Initial Deposit

    S$5,000

  • Fall below monthly fees

    S$0

  • Mobile payments

S$1
S$5,000
S$0
Samsung Pay
This combined current and savings account offers three interest tiers based on the size of your account balance.
  • Monthly fee

    S$2

  • Minimum Initial Deposit

    S$0

  • Fall below monthly fees

    S$2

  • Mobile payments

S$2
S$0
S$2
Apple Pay, Google Pay, Samsung Pay
This fee-free starter account offers 4x higher interest than regular savings accounts and a customisable debit card.
  • Monthly fee

    S$2

  • Minimum Initial Deposit

    S$1,000

  • Fall below monthly fees

    S$8.50

  • Mobile payments

    S$2
    S$1,000
    S$8.50
    NETSPay, MaybankPay
    Benefit from competitive interest rates and chequing facility offered by this account.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$15,000

    • Fall below monthly fees

      S$15

    • Mobile payments

    S$0
    S$15,000
    S$15
    Apple Pay, Google Pay, Samsung Pay
    An interest-bearing checking account with competitive interest rates.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$0

    • Fall below monthly fees

      S$5

    • Mobile payments

    S$0
    S$0
    S$5
    Apple Pay, Samsung Pay
    Unlock up to 2.38% p.a. of bonus interest on the first S$80,000 deposit and access up to 14 different currencies with this account.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$2,000

    • Fall below monthly fees

      S$2,000

    • Mobile payments

    S$0
    S$2,000
    S$2,000
    Apple Pay
    This multi-currency account offers a wide range of banking features and supports 11 global currencies, including USD and RMB.
    • Monthly fee

      S$1

    • Minimum Initial Deposit

      S$1,000

    • Fall below monthly fees

      S$10

    • Mobile payments

    S$1
    S$1,000
    S$10
    Samsung Pay
    Enjoy the convenience and flexibility to conduct your transactions in a wide array of foreign currencies.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$1,000

    • Fall below monthly fees

      S$7.50

    • Mobile payments

    S$0
    S$1,000
    S$7.50
    Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, NETSPay
    Issue cheques and conduct day-to-day financial management efficiently with this non-interest bearing current account.
    • Monthly fee

      S$2

    • Minimum Initial Deposit

      S$3,000

    • Fall below monthly fees

      S$7.50

    • Mobile payments

    S$2
    S$3,000
    S$7.50
    Apple Pay, Google Pay, Samsung Pay
    This all-in-one statement-based account comes with competitive interest rates and chequeing facilities.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$15,000

    • Fall below monthly fees

      S$15

    • Mobile payments

    S$0
    S$15,000
    S$15
    Apple Pay, Google Pay, Samsung Pay
    Get 2% cash rebate with every EZ-Link Reload and 1% cash rebate on any other transaction with this savings account.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$0

    • Fall below monthly fees

      S$0

    • Mobile payments

    S$0
    S$0
    S$0
    Apple Pay, Samsung Pay
    Enjoy attractive bonus rates when you credit your salary, plus 1% cash rebates on eligible Mastercard spend with this chequeing account.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$0

    • Fall below monthly fees

      S$5

    • Mobile payments

    S$0
    S$0
    S$5
    Apple Pay, Google Pay, Samsung Pay, NETSPay, PayLah!
    Multiply your savings with bonus interest rates when you credit your income and meet all the account's criteria.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$15,000

    • Fall below monthly fees

      S$15

    • Mobile payments

    S$0
    S$15,000
    S$15
    Apple Pay, Google Pay, Samsung Pay
    This savings account offer up attractive step-up balance up to0.13% p.a. for month-to-month balance growth.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$350,000

    • Fall below monthly fees

      S$0

    • Mobile payments

    S$0
    S$350,000
    S$0
    Apple Pay, Google Pay, Samsung Pay
    Earn premium interest rates based on your daily balance with this chequeing account.
    • Monthly fee

      S$0

    • Minimum Initial Deposit

      S$1,334

    • Fall below monthly fees

      S$5

    • Mobile payments

      S$0
      S$1,334
      S$5
      NETSPay, PayLah!
      Manage your finances conveniently with this checking account in USD and other major foreign currencies.
      • Monthly fee

        S$10

      • Minimum Initial Deposit

        S$1,000

      • Fall below monthly fees

        S$10

      • Mobile payments

      S$10
      S$1,000
      S$10
      Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, NETSPay
      Transact, issue cheques and manage your USD deposits conveniently within a single account.
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      Disclaimer: Interest rates are applicable for deposits between S$1,000 and S$49,999. Interest rate and initial deposit are shown in Singapore dollars. Please check with the provider for deposits and rates in other amounts and currencies.

      Frequently asked questions

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