With these changes, the interest rate is no longer tied to SIBOR.
Even normal DBS account will yield more at 0.05%.
actually it might sound like a good idea to climb the ladder again... back to 0.7% as we see the banks all dropping rates to all-time lows...
now maxigain > isavvy/eSaver… it all comes back to square one.
Citibank typoed, should be 0.1%
I don't think it is a typo because the official letter stated as 0.01% too.
But the "how it works" using 0.1% all over. https://www.citibank.com.sg/gcb/deposits/mxgn-savacc.htm#
Yes, because that is how it works... currently; where it talks about 50% of SIBOR and assuming SIBOR is 0.2%, and so on.
0.01% is how it is going to work, from 1 Oct 2020 onward.
Oic then only 0.06% to 0.61%
this account just keeps getting worse.
Sent from Xiaomi REDMI NOTE 8 PRO using GAGT
its the same across all banks.
But Citi is dropping in much faster rate. Not to forget their minimum requirement.
Their base interest is 0.01%
Bonus interest of up to 0.60% only on first 70k
Fall bellow fee of $15 if less than 70k
Not worth to leave inside already since can get higher elsewhere
Their base interest is 0.01%
Bonus interest of up to 0.60% only on first 70k
Fall bellow fee of $15 if less than 70k
Not worth to leave inside already since can get higher elsewhere
Previously fall below fee $15 if TRB less than $15k. Where stated change to $70k?Their base interest is 0.01%
Bonus interest of up to 0.60% only on first 70k
Fall bellow fee of $15 if less than 70k
Not worth to leave inside already since can get higher elsewhere
Fall below fee is for less than 20k..I do not incurred fall below fee when I'm at 20k for many months
Previously fall below fee $15 if TRB less than $15k. Where stated change to $70k?
Previously fall below fee $15 if TRB less than $15k. Where stated change to $70k?