Hi just to ask about this account...
The different counters mean different months?
And why is it good to invest more after the first year?
You can just dump 150k into it when you open, if you don't have any other places which'll get more than 1% or so. Cos starting interest will be about 0.8%, and it'll reach about 2% only after 12 months.
So most people only put the minimum ($15k) inside first, until the interest is higher than elsewhere, then put the max ($150k) inside.
Say you have $100k now, earning 1.2% somewhere. If you open this acc, first put $15k inside. After about 4~5 months, interest for this acc will now be 1.2 or 1.3%, higher than your other account liao. Then you can now put the rest of your $ ($85k) in the citi account.
Just take note that you can't treat this as an everyday-expenses account. The quick summary is, just don't withdraw/transfer money out. To be more detailed, make sure the lowest daily balance in one month is at least as high as the lowest daily balance in the previous month.