Children Savings Account

Posted April 27, 2009 - 9:28pm by RS Ringgitsavers

Savings for below 12

Rate:

from 1.00%

Initial deposit:

RM50.00

Minimum balance:

RM50.00

Eligibility criteria:

Children below 12 years old who are either residents or non-residents.
You must be the parent or trustee of a child.

Detail rate breakdown:

RM1.00 to RM1000.00 -> 0.05%
RM1000.00 to RM5000.00 -> 0.05%
RM5000.00 to RM50000.00 -> 0.10%
RM50000.00 to RM100000.00 -> 0.15%
RM100000.00 onwards -> 1.00%

Financier’s website:

http://www.cimbbank.com.my/index.php?ch=subch_personal_dps&pg=pg_dps_cs&ac=3&tpt=cimb_bank