What do I need to know about CIMB Basic Savings Account?
This is a basic savings account where you can save and earn interest at minimal costs, protected by PIDM for up to RM250,000.
CIMB bank allows you to access internet banking using CIMB Clicks to make banking transactions conveniently anywhere and anytime.
How can I keep track of my account balances?
The bank will issue complimentary monthly statements for account holders if there are more than 20 transactions in the month. Otherwise, a quarterly statement will be given.
Am I eligible for this savings account?
This account is open to all Malaysians and permanent residents, aged 18 years and above.
You are required to deposit a minimum amount of RM20 to open, and remember to bring along some identification - your NRIC or passport would be great!
Are there any other fees and charges?
You should be aware that you have two options for a savings account, i.e. the first option would be with an annual fee of RM8, and you can enjoy free unlimited ATM withdrawals and over-the-counter (OTC) use.
The second option, meanwhile, would be without an annual fee but you will have only 8 free ATM withdrawals every month, and 6 free over-the-counter visits. If you have exceeded them, you must pay RM0.50 per withdrawal and RM5.00 per visit, respectively.
