Citibank Maxigain Savings Account

[ekardo]

Bulk of user already left (including me). Complaint 2 years ago and no coming back there after

 

[saintgtril]

Those with more than $20k upto $80k should consider Bank of China Super saver. Open account online. Vanilla and no need to play musical chairs.

https://www.bankofchina.com/sg/pbservice/pb1/202007/t20200731_18246928.html

the only problem is need to unlink paynow from my primary bank to BOC..
Or else the interest rate is quite good for these days.



Yah weird that there is no minimum balance required..
Will probably leave a token sum in there.

Hi, how much is the interest for BOC SuperSalary?

 

[vsvs24]

Hi, how much is the interest for BOC SuperSalary?

I have provided the link for BOC supersaver. Tiered so depends on how much you put.

 

[silverbomb]

my impression of the $15 service fee will be charged start of the month. Has anyone been deducted service fee when you deposit any cash in? My acct was zero for the longest and was testing if my acct is not dormant and whether fee will be charged by depositing 1c. Next day, the 1c was deducted and description is service fee.

 

[molangtsum]

Bulk of user already left (including me). Complaint 2 years ago and no coming back there after

Senpai, do you remember the best way to transfer the money and close the account?

I duno to do it on 01 Nov or 01 Dec....

 

[ekardo]

You can
1) Go in person to bank to terminate account or

2) if u have internet banking, BT out all your $ then call up their customer service and terminate the account.

quite straightforward.

 

[molangtsum]

You can
1) Go in person to bank to terminate account or

2) if u have internet banking, BT out all your $ then call up their customer service and terminate the account.

quite straightforward.

Oh haha I mean when to withdraw, as in do I withdraw everything on 1/11, wait for Nov's bonus interest, then close on 1/12?

 

[pchan2018]

Oh haha I mean when to withdraw, as in do I withdraw everything on 1/11, wait for Nov's bonus interest, then close on 1/12?

If you have somewhere better to park your $$s, then why wait for 1/12. Just make sure you had your account open for 6mos as per customer service that i talked to. Else it will incur some penalties. Closed mine recently and moved it to SCB eSaver as i got an invitation for 0.6 interest. Better than what im getting now in citi maxi gain. I just transferred everything to SCB and called up citi cust. svc to close it. done..

 

[ekardo]

oh wow...urm..it's been 3-4 years ago since I left this account.

I think if you are hopping to another higher interest bank or account, just leave asap?

 

[molangtsum]

If you have somewhere better to park your $$s, then why wait for 1/12. Just make sure you had your account open for 6mos as per customer service that i talked to. Else it will incur some penalties. Closed mine recently and moved it to SCB eSaver as i got an invitation for 0.6 interest. Better than what im getting now in citi maxi gain. I just transferred everything to SCB and called up citi cust. svc to close it. done..

oh wow...urm..it's been 3-4 years ago since I left this account.

I think if you are hopping to another higher interest bank or account, just leave asap?

Okie thanks

 

[JetStorm]

no point complaining already.

those of us who were holding on should probably exit now.
i believe no minimum balance and no fall below fee for citi maxigain already?

maybe keep 100 to rebuild counter

Where does it says no fall below fee? I cant find it on the website.

 

[tendtails]

The interest is going to half again this coming Nov.
https://www.citibank.com.sg/personal-banking/deposits/savings-account/citi-maxigain-savings-account/

 

[jaredho]

Have most of you terminated this account? Can the account be closed online?

 

[louist]

Have most of you terminated this account? Can the account be closed online?

From what I recall, I either messaged via internet banking or called to close it. Didn't have to go to a branch.

 

[Mephist0pheLes]

is it a must to terminate account? or can i jus leave it empty?

already transferred every single cent out two months ago.

 

[vsvs24]

is it a must to terminate account? or can i jus leave it empty?

already transferred every single cent out two months ago.

I emptied the account and used secured email to request to close. They say will close. Now 2 years already I still see the account when I login to check my credit card transactions.

I send reminder 2 times still no action. Give up. As long as they don't charge me fall below fee, I just leave it.

 

[silverbomb]

I emptied the account and used secured email to request to close. They say will close. Now 2 years already I still see the account when I login to check my credit card transactions.

I send reminder 2 times still no action. Give up. As long as they don't charge me fall below fee, I just leave it.

just take note that on surface it doesn't charge cos it don't go into neg bal. once u top any amount in SGD, it will deduct.

i tried with a 1c in SGD, and next day it just auto deduct for the fall below fees. i'm only keeping it to receive foreign currencies from other countries citi account otherwise i would have closed it in total.

 

[jaredho]

is it a must to terminate account? or can i jus leave it empty?

already transferred every single cent out two months ago.

You can take out all the money and leave the account empty? Will there be a penalty charge?

 

[Mephist0pheLes]

You can take out all the money and leave the account empty? Will there be a penalty charge?

i rmbed wrongly, it was more than 2 months ago.

but no, i didnt get any penalty

transferred everything out in Mid-July 2021.
Then End-July got credited $17 interest based on Jun's balance
earned one cent interest every month after that.
no penalty all these months.

 

[jinsatkilife]

im thinking of opening citi account just to get the debit card and claim shopee voucher

seems like this maxigain got fall below fee but i cant find it anywhere on their website