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| Date | Account End Day Balance
|
Interest/Profit rate |
Interest/Profit Earned
|
|---|---|---|---|
19 Jan 2025 |
S$30,000 | 3% p.a. | S$30,000 x 3% / 365days = S$2.47 |
| 30 Jan 2025 | S$500,000 | 3% p.a. | S$500,000 x 3% / 365days = S$41.10 |
| 31 Jan 2025 | S$1,000,000 | 3% p.a. | S$1,000,000 x 3% / 365 days = S$82.19 |
| Total Interest/Profit Earned for the month | S$125.76 | ||
| Note: For purposes of this illustration, assume zero end day balances on 20th to 29th January 2025 and hence, zero Interest/Profit earned on those days. | |||
| Date | Account End Day Balance
|
Interest/Profit rate |
Interest/Profit Earned
|
|---|---|---|---|
19 Jan 2025 |
US$30,000 | 3.8% p.a. | US$30,000 x 3.8% / 360days = US$3.17 |
| 30 Jan 2025 | US$500,000 | 3.8% p.a. | US$500,000 x 3.8% / 360days = US$52.78 |
| 31 Jan 2025 | US$1,000,000 | 3.8% p.a. | S$1,000,000 x 3.8% / 360days = US$105.56 |
| Total Interest/Profit Earned for the month | US$161.51 | ||
| Note: For purposes of this illustration, assume zero end day balances on 20th to 29th January 2025 and hence, zero Interest/Profit earned on those days | |||
Terms & Conditions
What is the CIMB BusinessGo/BusinessGo-i account Promotion?
Who is eligible for the CIMB BusinessGo/BusinessGo-i Account Promotion?
How do I open a CIMB BusinessGo/BusinessGo-i Account, and how long does it take?
What are the key benefits of the CIMB BusinessGo/BusinessGo-i Account?
