Are we allowed to freely withdraw/deposit money as long as the balance doesn't fall below $10k?
Just don't let the lowest balance for the month fall below the lowest of the previous month. If not the counter will reset by 6
Yes, the interface quite crappy. Mine also says "Checking Account". On the piece of paper given to me with account number, it does state Maxigain Savings Account.
note that if u signed up for citi priority, you need to maintain at least 50k forever, else u will be charged S$20/tmh service fee...cannot withdraw 40k after getting 200 bucks after 6 mths..And it stills qualify for the $200? Did some calculations based on BOC without salary component. Need the $200 to be on par with keeping money in BOC.
If not I am better off with just 10k in maxigain and transfer the 40k or more after 6 months
so conclusion no ipadpro?
under nickname account in internet banking, do u see it as "maxisave" instead of "maxigain" ?
maybe the guy was being creative with citi's fresh funds rewards...put in fresh funds get $1-2k so he take it as that can be used to buy ipad pro
...
Where is this option? New to Citi...
Their T&C say that Base Interest Rate will be paid on the first 150k, but did not mention any cap on the Bonus Interest Rate.
Does it mean that Bonus Interest Rate has no cap in the deposit amt.? anyone know more info?
When you first login, the screen shows a list of accounts you have.
Above that list of accounts, there should be a "Nickname your Account" option.
Thanks. Mine is MaxiSave as well. However I have 2 other letters from Citi stating it is a MaxiGain account.
I will have to call in to double check.
So, to maximise gains, I should do the following?
Open account now with 10k. On April 1st FAST 40k in order to open the Citi Priority and get the extra $200. April straight away earn 0.8+0.1% bonus on 50K. Keep until end September, the 6th month of Citi Priority
October 1st, which is the 7th month, FAST away the 40K and accumulated interests. Cancel Citi Priority and maintain 10K in account for 0.8+1.4% (since counter drop to 6). In November, start accumulating again in order to reach 0.8+2% in next April.
Thanks. Mine is MaxiSave as well. However I have 2 other letters from Citi stating it is a MaxiGain account.
I will have to call in to double check.
note that if u signed up for citi priority, you need to maintain at least 50k forever, else u will be charged S$20/tmh service fee...cannot withdraw 40k after getting 200 bucks after 6 mths..
In 7th month you only get 0.8 + 0.6%.
In 12th month you reach the max of 0.8 + 1.2%.
So, to maximise gains, I should do the following?
Open account now with 10k. On April 1st FAST 40k in order to open the Citi Priority and get the extra $200. April straight away earn 0.8+0.1% bonus on 50K. Keep until end September, the 6th month of Citi Priority
October 1st, which is the 7th month, FAST away the 40K and accumulated interests. Cancel Citi Priority and maintain 10K in account for 0.8+1.4% (since counter drop to 6). In November, start accumulating again in order to reach 0.8+2% in next April.