Updated September 28, 2026 · SumCue Editorial Team
CIMB Bank vs Prestalo
CIMB Bank
Prestalo
Higher score in this comparison
What sets them apart
| Compare | CIMB BankReviewVisitVisit | PrestaloReviewVisitVisit |
|---|---|---|
| APR | 15% | 4.1% to 30%Lower |
| Loan amount | MYR 2,000 to MYR 100,000 | €500 to €100,000 |
| Term | 24 to 84 months | 1 to 120 monthsHigher |
| Arrangement fee | RM0 (no processing fee) | 0 EUR |
| Funding time | Instant disbursement; approved and disbursed in 10 minutes | Money transferred to your bank account, normally within 24 to 48 hours |
| Representative example | Cash Plus Personal Loan: fixed 4.38% p.a. equivalent to effective interest rate 8.08% p.a. on 5-year tenure | EUR 5,000 loan repaid over 60 months, fixed annual interest 6.11%, TAE 6.28%, monthly payment 96.62 EUR, no opening or early-repayment fee, total repayable 5,815.20 EUR |
| Rate type | Variable | Fixed |
| Lender type | Direct lender | Broker |
| Eligibility | Malaysian citizen, aged 21 to 58 (max 60 at loan maturity), minimum monthly gross income RM2,000, employed over 6 consecutive months | 18 or over, resident in Spain, valid DNI or NIE, stable sufficient income |
| Loan types | Personal | Personal, Payday, Car, Debt consolidation, SecuredCovers more |
| Credit check | Not confirmed | Hard |
| Origination fee (%) | 0.5% | Not confirmed |
| Credit needed | Not confirmed | Good |
| Use cases | Not confirmed | Home improvement |
Same on both: Free early repayment (Yes).
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Key differences
- Prestalo scores higher overall: 8.9 vs 8.8.
- APR is lower at Prestalo: 4.1% to 30% vs 15%.
- Term is higher at Prestalo: 1 to 120 months vs 24 to 84 months.
- Support channels: only Prestalo offers Email, Chat, Phone.
- Pricing model: only CIMB Bank offers No annual fee.
- Pricing model: only Prestalo offers Fixed rate.
- Features: only CIMB Bank offers Rewards.
- Features: only Prestalo offers Same day funding.
- Loan types: only Prestalo offers Payday, Car, Debt consolidation.
Our verdict on each
CIMB Bank
CIMB Bank suits Malaysian savers and borrowers who want plain costs and fast access to money. Its easy-access Basic Savings Account pays 0.25% on variable terms with no annual fee, and its Cash Plus personal loan carries an arrangement fee of RM0 (no processing fee).
Prestalo
Prestalo suits Spanish residents who want a fee-free personal loan fixed at fixed rates, with money in the bank account normally within a day or two. It suits a single market only, since eligibility is limited to Spain and a hard credit check applies.
Score breakdown
| Area | CIMB Bank | Prestalo |
|---|---|---|
| Cost | 9.2 | 9.3Higher |
| Offer | 8.2 | 9.1HigherFees are 0 EUR on personal loans and €0 on the mortgage, with early repayment free. |
| Trust | Not confirmed | 8.4 |
Licences and countries
| Country | CIMB Bank | Prestalo |
|---|---|---|
| Spain | Not confirmed | Registro Estatal de Intermediarios Financieros 878/2018, seccion segunda |
A third option
Prestamiau ES has apr at 0% to 36%, against 15% for CIMB Bank and 4.1% to 30% for Prestalo.
Prestamiau ES reviewSources behind this comparison
CIMB Bank
- cimb.com.my: 16 facts, checked September 26, 2026
- ringgitplus.com: 1 fact, checked September 26, 2026
Prestalo
- prestalo.com: 20 facts, checked September 26, 2026
How they place
| Ranking | CIMB Bank | Prestalo |
|---|---|---|
| Loans | 127 of 2043 | 66 of 2043 |
| Personal loans | 106 of 1317 | 55 of 1317 |
| Mortgages | 14 of 853 | 5 of 853 |
Every fact side by side
| Fact | CIMB Bank | Prestalo |
|---|---|---|
| Pricing model | No annual fee | Fixed rate |
| Features | Rewards | Same day funding |
| Legal entity | CIMB Bank Berhad | PRESTALO ONLINE, S.L. |
| Headquarters | Malaysia | Spain |
| Founded | Not confirmed | 2018 |
| Support channels | Help centre | Email, Chat, Phone, Help centreCovers more |
Savings
| Fact | CIMB Bank | Prestalo |
|---|---|---|
| Headline rate | 0.25% | Not confirmed |
| Minimum deposit | MYR 20 | Not confirmed |
| Access terms | Withdraw funds at any time from an ATM, online, or at a branch | Not confirmed |
| Monthly fee | MYR 0 | Not confirmed |
| Account kind | Easy access | Not confirmed |
Credit cards
| Fact | CIMB Bank | Prestalo |
|---|---|---|
| Annual fee | MYR 0 | Not confirmed |
| Rewards type | Cashback | Not confirmed |
| Rewards rate | Unlimited Cash Rebate | Not confirmed |
| Card kind | Credit | Not confirmed |
Mortgages
| Fact | CIMB Bank | Prestalo |
|---|---|---|
| Initial rate | 4.8% to 5.2% | 2.36%Lower |
| APRC | Not confirmed | 2.97% |
| Fixed period | Not confirmed | 25 years |
| Maximum loan to value | 100%Higher | 80% |
| Product fee | MYR 0 | €0 |
| Purpose | Purchase, First time buyer | Purchase, Remortgage |
Where each stands against the rest
| Fact | CIMB Bank | Prestalo | Median |
|---|---|---|---|
| APR | 15%above the median | 4.1% to 30%lowest quarter | 9.99% |
| Term | 24 to 84 monthsabove the median | 1 to 120 monthshighest quarter | 60 |
| Origination fee (%) | 0.5%above the median | Not confirmed | 0% |
Median across 1096 listed providers.
Pros and cons
CIMB Bank
Pros
- The debit card carries an annual fee of MYR 0, so there is no yearly charge to hold it
- Personal loans charge an arrangement fee of RM0 (no processing fee), plus 0.5% on the loan amount
- Funding time is listed as Instant disbursement; approved and disbursed in 10 minutes, so an approved loan does not sit waiting on a payout
Cons
- Support runs on help centre only, so most questions are handled through the help centre itself
- The savings rate is variable at 0.25%, so the return can rise or fall with the base rate
- Loan eligibility is limited to Malaysian citizens who are adults, with a minimum monthly gross income and a waiting period of employment
Prestalo
Pros
- No arrangement fee on personal loans: 0 EUR.
- Early repayment is free, so clearing the balance early costs nothing extra.
- Personal loans run €500 to €100,000 and 1 to 120, so borrowers can size the loan and the term to suit them.
Cons
- The rate is fixed rather than variable, so fixed pricing cannot fall the way a variable rate can.
- A hard credit check applies, hard, so an application creates a full credit file search.
- Prestalo works as a broker, broker, so the lender named in the offer is the party you repay and Prestalo sits in between.
Who each suits
CIMB Bank
Who it suits
- Malaysian adults who want an easy-access savings balance held with no monthly fee
- Borrowers who want a personal loan with an arrangement fee of RM0 (no processing fee) and quick disbursement
- First-time home buyers using the CIMB My First Home purchase route with up to 100% loan to value
Who should look elsewhere
- Anyone outside Malaysia, since the personal loan eligibility rests on Malaysian citizenship
- Savers who want a locked rate, because the rate type on the savings account is variable
- Borrowers who cannot meet the minimum monthly gross income requirement for approval
Prestalo
Who it suits
- Spanish residents with a steady income, since eligibility is open to adults living in Spain with valid DNI or NIE paperwork and stable sufficient income.
- Borrowers who plan to clear the balance early, since free early repayment means overpaying costs no extra charge.
- People who want no arrangement fee, because the origination fee is 0 EUR on personal loans.
Who should look elsewhere
- Anyone outside Spain, since eligibility is tied to residence in Spain and a valid DNI or NIE. Creduma ES also serves euro borrowers, so compare that market.
- People building a credit file from scratch, because the credit check is hard, hard, and a good credit record is expected, good.
- Anyone wanting a variable rate, since the rate type is fixed, fixed. Sofkredit quotes 10.74% to 18.06%, so check that market if falling rates matter more than certainty.
Country by country
| Country | CIMB Bank | Prestalo |
|---|---|---|
| Spain | No | Yes |
Questions about each
CIMB Bank
What rate does the Basic Savings Account pay?+
It pays a headline rate of 0.25% at a variable rate type, so the return follows the base rate. The account opens with a minimum deposit of MYR 20, and the monthly fee is MYR 0.
How much does it cost to hold a CIMB Bank account?+
The monthly fee on the savings account is MYR 0, and the annual fee on the cards is MYR 0. Money in the savings account is easy-access, so you can take it out whenever you need it, at an ATM, online or at a branch counter.
Prestalo
What does a Prestalo personal loan cost?+
The annual percentage rate runs 4.1% to 30% and the rate is fixed, so payments stay level. The origination fee is 0 EUR, and early repayment is free, so clearing the balance early adds nothing. Interest is the cost of the loan.
How long does a Prestalo loan take to arrive?+
Money is transferred to your bank account, normally within a day or two, and same-day funding is listed as a feature, same day funding. Because Prestalo is a broker, the pace depends on the lender it places the application with. Plan on a short wait rather than an instant transfer.
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