How long does it take a CIMB FastSaver account to get activated with online access allocated?
How long will it take for a CIMB FastSaver account to get activated and should I credit my emergency fund to CIMB FastSaver?
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CIMB FastSaver Account
The CIMB FastSaver Account aims to live by its name which is to help you multiply your savings the way you want to. It has a 1.80% p.a. interest rate. It is certainly hassle free as it does not require multiple conditions in order for you to earn up to 1.80% p.a. interest rate and is readily available for individuals age 16 years old and above.1 reviews
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It should take about a week but there are cases where it took about two weeks, especially when you apply online. However once you get your iBanking user and pin, everything should be fine and easy to access. In regards to crediting your enmergency funds to CIMB FastSaver, I would say considering you will not be touching the money there, CIMB's FastSaver will offer higher interest rate.