CIMB Islamic SME Smart Deposit Campaign
Did you know a CIMB Business Current Account-i has rewards beneficial to your business?
When you start a business, one of your first tasks should be to open a business bank account. If you already run your own small or side business and have been funneling earnings into a personal bank account, it’s time you open a proper business current account. Using a business account lets you separate your own finances from your business and has specific facilities that are useful for running operations, and help you manage your business’ finances better. The most important reason to have a business account, is to separate your business’ tax liability from your own.
What is a Business Bank Account?
They are similar to personal current accounts, allowing you to:
- Handle incoming and outgoing payments
- Make payments on a debit card
- Transfer money to other accounts
- Set up regular bill payments
- Check and run your account through your bank’s website or a mobile app
1 Historical Hibah rate that was paid by CIMB Islamic Bank on December 2019.
Rate % p.a.
Rate % p.a. for CIMB@Work Customer
|RM10,000 – RM50,000||1.0%||1.2%|
|Above RM50,000 – RM1,000,000||2.0%||2.2%|