CIMB Preferred offers affluent individuals a comprehensive suite of services that go beyond basic banking. Whether you're exploring a new banking relationship or seeking more value from your current one, here are five compelling reasons why CIMB Preferred could transform your wealth management strategy.
Managing and building wealth presents numerous challenges for affluent individuals—from diversifying across borders and accessing exclusive investments to safeguarding legacies. CIMB Preferred addresses these needs through personalized advisory, sophisticated portfolio management, and seamless regional access, all supported by an extensive range of curated solutions from multiple partners.
Let's examine five reasons why CIMB Preferred is worth your time.
Table of contents
- Unparalleled flexibility through multiple partnerships
- Consistently superior rates that maximize your capital
- Seamless regional banking experience
- Comprehensive family banking solutions
- Family wellbeing privileges
- Start your CIMB Preferred journey
Reason 1: Unparalleled Flexibility Through Multiple Partnerships
Banks typically partner with insurance providers to help customers meet their planning needs. However, traditional bancassurance offerings often limit customers to products from a single life insurer, restricting your options.
CIMB Preferred breaks this mould by collaborating with seven different insurers—giving you access to a diverse range of products tailored to your specific requirements. From simple term plans to universal life policies and whole-of-life solutions, you can compare and select what best fits your wealth planning objectives, whether for legacy planning, liquidity management, or retirement preparation.
This flexibility doesn't just provide more choice—it can deliver significant cost savings. With annual premiums for term life plans varying by as much as 30%, CIMB Preferred enables a more transparent and value-driven approach to meeting your insurance needs.
Additionally, CIMB Preferred offers more than 700 investment funds available for purchase online. This extensive selection allows you to develop customized strategies across various asset classes, empowering you to fine-tune your portfolio's risk-reward balance without having to navigate multiple providers.
Reason 2: Consistently Superior Rates That Maximize Your Capital
When building and preserving wealth, every decimal point matters—especially when moving large sums across borders or maintaining liquid positions while awaiting market opportunities.
CIMB Preferred delivers exceptional value through two key advantages:
First, CIMB consistently offers competitive rates on the market for your deposits. For those managing substantial cash positions, these competitive rates generate meaningful passive income without additional risk. Even a 0.3% rate advantage translates to thousands of dollars annually on seven-figure sums.
Second, CIMB guarantees the best* SGD-MYR and SGD-IDR exchange rates available. This provides a significant advantage for affluent customers with cross-border interests—whether you maintain family offices in Malaysia or Indonesia or hold property investments across these markets. With every transfer, you potentially save thousands of dollars, optimizing your capital efficiency across borders.
Reason 3: Seamless Regional Banking Experience
Affluent individuals with multi-country interests require dedicated, seamless wealth advisory solutions that travel with them, ensuring convenience and continuity.
CIMB Preferred offers comprehensive regional privileges and status recognition across ASEAN, delivering an elevated banking experience whether you're in Singapore, Malaysia, Indonesia, Thailand, or Cambodia.
Leveraging CIMB's extensive regional presence, you can expand your wealth strategy beyond borders with status recognition across the region. This provides access to on-the-ground expertise for quickly acting on local opportunities — whether acquiring property, structuring insurance, or strategically moving funds.
Your regional mobility is further enhanced with complimentary* access to CIMB Preferred lounges and zero withdrawal fees at all regional ATMs, making your cross-border financial management both comfortable and efficient.
Reason 4: Comprehensive Family Banking Solutions
After building substantial wealth, preserving your legacy for future generations becomes a priority. This requires implementing proper solutions to manage, grow, and transfer your wealth in a structured manner.
CIMB Preferred offers a suite of family banking solutions under one banking umbrella, providing a holistic view of your family's wealth across generations. Each family member receives personalized support tailored to their individual goals and needs.
Access expert guidance from trusted estate planning partners, insurance-based solutions, and succession strategies to ensure your wealth flows according to your intentions, whether across generations or geographies.
CIMB Preferred understands that affluent clients need more than transaction support—they need a partner who comprehends the multiple dimensions of lasting family wealth, whether you're preparing heirs, managing trusts, or structuring cross-border assets.
Reason 5: Family Wellbeing Privileges
CIMB Preferred extends beyond financial portfolio management to support your family's overall wellbeing.
In collaboration with MHC Asia Group, CIMB Preferred provides valuable healthcare benefits for you and your family members, including discounted* visits to GP clinics islandwide, free* teleconsultation and medication delivery, complimentary* 3D body scans, and discounted* health screening packages.
Ready to Start Your CIMB Preferred Journey?
CIMB Preferred stands apart by rejecting the conventional "one bank-one insurer" model in favour of better rates and more comprehensive solutions for affluent clients—a distinction that merits serious consideration.
Beyond this unique approach, you'll enjoy top-tier rates, guaranteed best* rates for MYR and IDR conversion, regional banking and travel privileges, and healthcare solutions for your entire family—creating a truly holistic wealth management service that supports your plans, goals, and aspirations at every step.
CIMB Preferred Sign-Up Offer
Think CIMB Preferred could be right for you? Start a CIMB Preferred relationship today to enjoy:
- Up to 2.5%* p.a. on your deposit balances
- Welcome gift worth S$800*
Start your CIMB Preferred journey today!
*Terms and Conditions apply. Please refer to our bank’s official website for more information.
Sponsored content by CIMB Bank Berhad, Singapore Branch (“CIMB”). The information shared is provided strictly on a non-reliance basis and does not constitute any form of advice from CIMB. You should make your own assessment of your financial situation and needs and whether any product is suitable for you.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
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