Citibank Maxigain Savings Account

[icicic]

Ehhh, I didn't see this option for $200 after doing survey and opting for e-statement...

It's on their citi priority welcome page. The additional 200 sgd you must bring in fresh funds 50k

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[battledome64]

Hi guys so this excludes existing citibank customers?

 

[Panerex]

Hi guys so this excludes existing citibank customers?

It is only the $200 promo for citi priority that is excluding

 

[chopra]

Looks good. Plus the 200 sgd for opening citi priority at the same time, and another 200 sgd I think stackable for doing the investment preference survey and opt for estatement. Feels like magic card combo

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Month 0 put in 50k
Month 3 take out 40k, kaching priority 200
Month 6-13(depending on your opportunity cost) top to 150k.

Sent from ew line is so sloooow using GAGT

 

[Hyphos]

Month 0 put in 50k
Month 3 take out 40k, kaching priority 200
Month 6-13(depending on your opportunity cost) top to 150k.

https://www.citibank.com.sg/global_docs/pdf/CP_Welcome_Programme.pdf

IMPORTANT NOTES
The bank charges a monthly service fee of S$20 when your Total Relationship Balance falls below S$50,000 at the
end of each month.
Total Relationship Balance (
“TRB”) is the sum of:
(i)
The average daily balance of your checking, savings and deposit accounts,
(ii)
The average daily value of your investments, and
(iii)
All outstanding amount(s) payable on your scheduled loan accounts as of the date of your last
statement.

 

[chopra]

https://www.citibank.com.sg/global_docs/pdf/CP_Welcome_Programme.pdf

IMPORTANT NOTES
The bank charges a monthly service fee of S$20 when your Total Relationship Balance falls below S$50,000 at the
end of each month.
Total Relationship Balance (
“TRB&#148 is the sum of:
(i)
The average daily balance of your checking, savings and deposit accounts,
(ii)
The average daily value of your investments, and
(iii)
All outstanding amount(s) payable on your scheduled loan accounts as of the date of your last
statement.

$40k if park at esaver at 1.4% pa can get more than $20 wor. around $46


FAST $40k to esaver on 3rd mth.

Sent from ew line is so sloooow using GAGT

 

[pjs]

Month 0 put in 50k
Month 3 take out 40k, kaching priority 200
Month 6-13(depending on your opportunity cost) top to 150k.

Sent from ew line is so sloooow using GAGT

Need to leave 50k for 6 months to get $200 priority welcome reward?

 

[Crimsom]

Seems like a good product for parking your savings.

But cannot open account through their iBanking leh.. If now apply through their online form, dont know if they can finish processing by monday so I can get 1 token for March.

 

[Hyphos]

Seems like a good product for parking your savings.

But cannot open account through their iBanking leh.. If now apply through their online form, dont know if they can finish processing by monday so I can get 1 token for March.

Just go down to their branch apply by Monday then transfer in 10K via FAST at home.

 

[chopra]

Need to leave 50k for 6 months to get $200 priority welcome reward?

3 mth leh

Edit:shld b 6mths

Sent from ew line is so sloooow using GAGT

 

[Squaredot]

Just go down to their branch apply by Monday then transfer in 10K via FAST at home.

Exactly what I plan to do
Thanks for sharing your account opening info.

 

[Squaredot]

3 mth leh

3 mths?
Hv to maintain 50k for 6 mths to keep the welcome gift. And 50k new funds into the account within 1 mth. Correct?

Side note,
$50 account closure fee for closing acct within 6mths.

 

[magnesium1]

3 mth leh

Sent from ew line is so sloooow using GAGT

You are wrong. It's 6 months.

They already put in black and white that they can claw back the reward if you don't fulfil it.

Refer to Citi Priority Welcome Programme tnc clause 6.b

6.b. Maintain a minimum of S$50,000 in your new Citi Priority account for a minimum period of six (6) months from the date of deposit for the purpose of the Promotion, failing which Citibank reserves the right to debit the value equivalent to the reward given to you, from any account that you maintain with Citibank.

Sent from the research lab without using GAGT

 

[chopra]

Opps saw wrongly

Sent from ew line is so sloooow using GAGT

 

[Singleton]

Just go down to their branch apply by Monday then transfer in 10K via FAST at home.

Oh... I clicked to apply online, realized that it fill up the particulars only... -.-

So I can go down to Orchard Paragon to open it, then go home later to transfer the 10k

 

[doody_]

Oh... I clicked to apply online, realized that it fill up the particulars only... -.-

So I can go down to Orchard Paragon to open it, then go home later to transfer the 10k

Zzz, that means I wasted my time submitting the online form. End up still have to go down to the branch personally?

 

[Squaredot]

Oh... I clicked to apply online, realized that it fill up the particulars only... -.-

So I can go down to Orchard Paragon to open it, then go home later to transfer the 10k

But a bro share paragon Sunday only for citigold? Did u open your acct at paragon tdy?

 

[Squaredot]

Looks good. Plus the 200 sgd for opening citi priority at the same time, and another 200 sgd I think stackable for doing the investment preference survey and opt for estatement. Feels like magic card combo

What is stackable Have to do 6(a) to (d) to get $200.
New to Bank (“NTB”) customers are eligible to receive one of two (2) categories of reward should they fulfill the
required Reward Conditions:
a) Start a Citi Priority relationship with new funds of minimum S$50,000 within 1 month of account opening.
b) Maintain a minimum of S$50,000 in your new Citi Priority account for a minimum period of six (6) months
from the date of deposit for the purpose of the Promotion, failing which Citibank reserves the right to debit
the value equivalent to the reward given to you, from any account that you maintain with Citibank.
c) Register for Electronic Banking Statements within 1 month of account opening and maintain the selection for
a minimum period of 2 months or until you receive the Citi Priority Welcome Reward.
d) Complete an Online Investment Risk Profile (IRP) on Citibank Online OR Total Wealth Fact Finder (TWFF) session with a Personal Banker within 1 month of account opening.

 

[shared]

interesting. Say you have 100k. Should put in FD@1.9% upfront interest, which means u get $1900 immediately?

Or should give this maxi account a try? Thinking of putting in 10k first, let it roll to 1.5%, then transfer from SCB esavers to this. Then when it rolls to 1.9%, just nice FD matures, put inside maxi and enjoy 2% onwards all the way.

 

[Weaboo]

Eh Wah Lao shared u damn elite got 100k... Ccb crouching tiger hidden dragon

interesting. Say you have 100k. Should put in FD@1.9% upfront interest, which means u get $1900 immediately?

Or should give this maxi account a try? Thinking of putting in 10k first, let it roll to 1.5%, then transfer from SCB esavers to this. Then when it rolls to 1.9%, just nice FD matures, put inside maxi and enjoy 2% onwards all the way.