CIMB targets 150,000 new online savings account holders

09 April 2009

CIMB Bank has targeted to net 150,000 account holders, with savings of more than RM300 million, before the year's end for its newly-launched online savings account.

CIMB Bank head of retail banking Peter England said the new CIMB Bank AirAsia Savers Account was a partnership between the bank, AirAsia Bhd and Tune Money Sdn Bhd.

As a paperless account, customers do not require a passbook and enjoy the convenience of viewing their account statements online, anytime and anywhere, he said at the launching of the account here today.

England said the CIMB Bank AirAsia Savers Account offers an interest rate of up to two per cent per annum with a cash-back incentive of RM5 for those maintaining a monthly balance of RM5,000.

He said account holders are also entitled to a complementary Tune Money Prepaid Visa Card to better manage expenses during their travel.
To open an account, customers need to deposit a minimum of RM50 only and account holders with savings of RM3,000 at the end of each quarter are entitled to one bid for AirAsia's free flights to any destination of their choice, AirAsia e-gift vouchers or AirAsia's Hot Seats.

All bids are placed at CIMB Clicks -- CIMB Bank's online banking portal.

CIMB Bank AirAsia Savers account holders also enjoy surprise birthday treats, promotional fares and priority bookings for all AirAsia destinations.


Datuk Seri Nazir Razak (left) and AirAsia Bhd group CEO Datuk Seri Tony Fernandes jointly launching the CIMB Bank AirAsia Savers Account o Thursday.