PC-User
Master Member
- Joined
- Dec 1, 2007
- Messages
- 4,721
- Reaction score
- 1,259
That's why they quickly changed. They already predicted the trend.waaaa sibor avg at 1.8335% imagine if they use 80% of sibor.... sian max
That's why they quickly changed. They already predicted the trend.waaaa sibor avg at 1.8335% imagine if they use 80% of sibor.... sian max
waaaa sibor avg at 1.8335% imagine if they use 80% of sibor.... sian max
My Jan 2019 Interest earned is shown as 73.91 and bonus interest 15.98 when my balance is sgd 70k. Is there something wrong here? The interest does not seem to tally with 1.2% + 0.7*1month SIBOR. I should have 12 counters, the only difference is i only topped up from 15k to 70k in December 2018.
Looks like your topup was only effective in Jan. Hence the lowest amount in Jan was $15k and the bonus interest in based on the lowest balance of the month.
Thanks for your reply. Is that right though, on my statement the last top up that makes up 70k is on 22nd Dec 2018.. is this the experience of everyone else for Jan 2019?
My Jan 2019 Interest earned is shown as 73.91 and bonus interest 15.98 when my balance is sgd 70k. Is there something wrong here? The interest does not seem to tally with 1.2% + 0.7*1month SIBOR. I should have 12 counters, the only difference is i only topped up from 15k to 70k in December 2018.
Hmm just contacted my banker and he said interest also cannot lei, cannot move funds within the 3 mths
Meeting him in mid Feb to sign the document.
So can we transfer the interest out after the initial 3 months?
I assumed the 3 months is from opening account?
Oh Citibank removes the paper statement and we need to opt in. Any idea how to see the counters now ? Seems unable to find it even if I use website to log in.
E-Statement can see in ibanking.
After login, right panel > download recent statements
They should allow it to be seen in the app like M1 statements
I read the news too late and top up to 70k only in mid jan..but why I am not getting the 1.2 sibor interest??
Dec balance : $67,679.10
top up on 14Jan : $70,000.00
Feb interest : $56.53(1%) $45.32 (0.80%)
How much interest is credited?I read the news too late and top up to 70k only in mid jan..but why I am not getting the 1.2 sibor interest??
Dec balance : $67,679.10
top up on 14Jan : $70,000.00
Feb interest : $56.53(1%) $45.32 (0.80%)
From this website:
"You need to maintain a daily end of day balance of at least $70,000 in your MaxiGain account to earn interest. Interest at the Base Interest Rate will accrue daily, if you maintain at least S$70,000 in your MaxiGain account, based on the daily end of day balance and will be paid on the last day of the month."
A daily end-to-end balance means from 2 Jan 2019 to 31 Jan 2019, not from 14 Jan 2019 to 31 Jan 2019.
Easy to understand, I think.
How much interest is credited?
As above, $56.53 and $45.32?