Open a DURIAN-i Account, deposit & stand to win your once-in-a-lifetime escapes, with up to 10,000 prizes to be won! Earn more entries now. Terms & Conditions Apply.

Valid until 31st Dec 2025

Find Out More

Apply, Activate & Spend

Apply, activate, and spend with your new CIMB Credit Card/-i* today
to earn RM25 cash back.

Valid until 31st Jan 2025

Find Out More

CIMB 0.8% ESG Unit Trust Promotion

Start your sustainable investment journey with as low as RM100*!

Valid until 7th Feb 2025

Find Out More

Quicklinks

Upload Documents

Check Application

Planning for My Future

From Emergency Funds to Holidays: How a Savings Account Can Transform Your Financial Future

CIMB ❘ 20 Jan 2025

4 min(s) read

In an unpredictable world, having a financial safety net is not just wise—it’s crucial! That’s where a savings account comes in, acting as your reliable partner on the path to financial stability.

So whether you’re building an emergency fund, saving up for a holiday or just simply saving money – a savings account can be the best tabung option for your financial future. Here’s why:

Insured and protected: Savings accounts in Malaysia are protected by PIDM up to RM250,000 for each depositor per member bank.
Interest earning: You can easily deposit and withdraw your money with a savings account – and still earn interest on your balances.
Convenience: DuitNow, JomPAY, QR Pay - financial tracking and bill management are now easier with a savings account.

What’s even better is that you can open an account with CIMB right away and start saving!

Pick the Savings Account That Suits Your Need

Selecting a savings account that aligns with your financial goals is essential. You should consider the following:

Understand your needs and goals

Looking for a place to save 10% to 20% of your monthly income or gaji? Not all savings accounts are created equally – to save more effectively, seek out accounts that offer higher interest rates or enticing cash bonuses and incentives.

A convenient way to manage your bills

If you're looking to open a separate account to manage your bills and daily expenses, an online savings account with no annual fee may be the perfect fit – especially if you don’t intend to grow your balances.

The interest/profit rates and other incentives

Browse no further than CIMB’s savings account to meet your unique banking needs. Compare and check out these savings accounts you can open instantly, along with their key benefits:

	About this Savings Account	How will it grow your savings?
EcoSave Savings Account-i Save for your future and for the planet’s future	An Islamic savings account that allocates 0.2%* of the total average portfolio balance to support environmentally-friendly activities.	- Monthly cash incentive of RM5 for an average balance of RM5,000, with no over-the-counter transactions during that month. - Profit rate starts from 0.15% p.a. for the first RM50,000 balance and up to 1.00% p.a. for balances of RM200,000 and above.
AirAsia Savers Account Save up for a holiday and get AirAsia points on your balance	A savings account in partnership with AirAsia that rewards you with attractive interest rates and airline benefits.	- Get 250 AirAsia points on every average quarterly balance of RM1,500 in your account. - Interest rate starts from 0.15% p.a. for the first RM50,000 balance and up to 1.00% p.a. for balances of RM200,000 and above.
Basic Savings Account Manage your monthly bills and payments easily	A fuss-free basic Islamic savings account providing essential banking services at a low cost.	Profit rate starts from 0.30% p.a. for the first RM100,000 balance and up to 0.80% p.a. for balances of RM300,000 and above.

About this Savings Account

How will it grow your savings?

EcoSave Savings Account-i

Save for your future and for the planet’s future

An Islamic savings account that allocates 0.2%* of the total average portfolio balance to support environmentally-friendly activities.

- Monthly cash incentive of RM5 for an average balance of RM5,000, with no over-the-counter transactions during that month.

- Profit rate starts from 0.15% p.a. for the first RM50,000 balance and up to 1.00% p.a. for balances of RM200,000 and above.

AirAsia Savers Account

Save up for a holiday and get AirAsia points on your balance

A savings account in partnership with AirAsia that rewards you with attractive interest rates and airline benefits.

- Get 250 AirAsia points on every average quarterly balance of RM1,500 in your account.

- Interest rate starts from 0.15% p.a. for the first RM50,000 balance and up to 1.00% p.a. for balances of RM200,000 and above.

Basic Savings Account

Manage your monthly bills and payments easily

A fuss-free basic Islamic savings account providing essential banking services at a low cost.

Profit rate starts from 0.30% p.a. for the first RM100,000 balance and up to 0.80% p.a. for balances of RM300,000 and above.

Extra Perks when You Bank with CIMB

But, why open a savings account with CIMB when there are so many other banks out there?

It takes minutes to apply for your CIMB Savings Accounts!

You can open an EcoSave Savings Account-i, AirAsia Savings Account-i or the Basic Savings Account-i online from wherever you are. Just follow these few easy steps and we’ll do the rest – we’ll even deliver your debit card to your home.

Unable to complete the identity verification online? No worries, you can still choose to verify it with the required documents at a CIMB branch that’s closest to your location.

Save more with CIMB Debit Card

Get exclusive deals up to 50% off* with CIMB’s Debit Card. From dining out to shopping for essentials, your CIMB Debit Card gives you over 100 attractive deals while keeping your savings intact.

*Debit Card deals are subject to the participating merchant’s terms and conditions and availability.

Access to CIMB OCTO App

Manage your finances and track your savings with the new CIMB OCTO App that is now even more ready for you – customisable home screen, one-tap secureTAC, personalised deals/offers and make fixed deposit placement.

Stay tuned for exciting new features coming your way soon!

Ready to boost your savings and tap into the future of banking? Open your CIMB Savings Account online today and experience the convenience and exclusive benefits that come with it.

Terms and Conditions Apply.

Member of PIDM.

CIMB Savings Account/-i is protected by PIDM up to RM250,000 for each depositor.

This article is for informational purposes only and CIMB does not make any representation and warranty as to the accuracy, completeness and fairness of any information contained in this article. As this article is general in nature, it is not intended to address the circumstances of any particular individual or entity. You are advised to consult a financial advisor or investment professional before making any decisions based on the information contained in this article. CIMB assumes no liability for any consequences arising from your reliance on the information presented here.

#Financial Advice #Planning for My Family's Future

Related products for you

Personal Financing

CASH PLUS PERSONAL LOAN

Simplify your financing with our 10-min online loan application. Enjoy instant approval* with low interest rates and no documents required*, exclusively for CIMB Payroll customers.

Property Financing

HOME FLEXI

Enjoy the repayment flexibility to deposit any amount, anytime. Excess repayments will be used to offset the principal loan amount for interest calculation. A combination of a loan account with a current account to facilitate the withdrawal of excess cash.

I'm looking for

From Emergency Funds to Holidays: How a Savings Account Can Transform Your Financial Future