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Old 02-12-2019, 10:20 AM   #6772
toolbox03
High Supremacy Member
 
Join Date: Feb 2008
Posts: 34,522
Minimum amount $70k to get the interest, lets just use $100k as average for all customers with MaxiGain accounts. Based on their credit card promos, we can deduce at least 5000 customers with such deposits. Let's double that number since singaporeans tend to be savers rather than spenders.

100k * 10000 = 1 billion in cash reserves required. I hope Citi has enough cash on hand in the SG branch.

Citi MaxiGain? more like Maxi-Gian
Edmw population doesn’t put a dent in citibank reserve fake news
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