From now till 31 July 2014, you can apply for a CIMB Why Wait Fixed Deposit-i account, a Shariah-compliant account and place a minimum deposit of S$25,000 with fresh funds over a 12-month tenure and receive an additional S$25 and enjoy an effective profit rate of 1.15% p.a.
Unlike a normal Fixed Deposit account where you receive your interest only at maturity, the CIMB Why Wait Fixed Deposit-i account allows you to collect your returns in the form of profit upfront.
Please refer to the website for more details.
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