When will my new CIMB Grow interest rate take effect?
If you are upgrading from a GSave account to CIMB Grow, your new higher interest rate will start on the next cycle (which begins on the first of every month).
Example Scenario:
Opt-in Date: September 15, 2024
Interest Rate Before Next Cycle: 2.6% p.a. (September 16-30)
Next Monthly Cycle Start Date: October 1, 2024
New Interest Rate: 4.0% p.a. (effective October 1 onwards)
If you do not have an existing GSave account and you open CIMB Grow directly, you will immediately enjoy the 4.0% p.a. interest rate upon activation.
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