[tmkedmw]

Maybe is this one:
Exclusive Singapore Dollar (SGD) 3-month Time Deposit Investment Bundle Promotion...
if true, no free lunch leh.

https://www.citibank.com.sg/gcb/pers..._fcy_promo.htm

finale1 wrote:

Anyone got this from Citibank?

<ADV> Limited time offer! Enjoy a 3-month SGD time deposit rate of 2.5% p.a. Contact your PB today. T&C apply. Insured up to S$50k by SDIC. SMS UNSUB to 72484

[Tiger9119]

finale1 wrote:

Anyone got this from Citibank?

<ADV> Limited time offer! Enjoy a 3-month SGD time deposit rate of 2.5% p.a. Contact your PB today. T&C apply. Insured up to S$50k by SDIC. SMS UNSUB to 72484

Must do investment with Citibank to get 2.5% for time deposit. OCBC 3.88% for 3 months time deposit if do investments with them.

[Trazora]

Tiger9119 wrote:

Must do investment with Citibank to get 2.5% for time deposit. OCBC 3.88% for 3 months time deposit if do investments with them.

lol totally not worth it. last time scb offered me 14% for 3 months if I buy pruwealth and I turned down

[Tiger9119]

Trazora wrote:

lol totally not worth it. last time scb offered me 14% for 3 months if I buy pruwealth and I turned down

Of course it is not worth it if insurance is involved.

[MikeDirnt78]

Tiger9119 wrote:

Of course it is not worth it if insurance is involved.

Some silliy people will still bite.

[hlw8888]

paisei ah, ask a noob qn.

this maxigain savings acct and interestPlus Savings acct got any major diff ah? which one can earn higher interests?

my current one is still the step-up acct.

thks.

[vddgnd]

Maxigain higher interest. InterestPlus open for get the priority or citigold welcome rewards, it is low interest.

[hlw8888]

vddgnd wrote:

Maxigain higher interest. InterestPlus open for get the priority or citigold welcome rewards, it is low interest.

oic... thks for the info.

[blue_denim24]

I deposited 15K on the same day of opening the account (via FAST). Will I get base interest (~1.2%) on my 15K for the first month?

[PC-User]

blue_denim24 wrote:

I deposited 15K on the same day of opening the account (via FAST). Will I get base interest (~1.2%) on my 15K for the first month?

You'll get base interest calculated on daily basis since day 1.

[blue_denim24]

Thanks for replying, so this would mean if I open account on 15th July, then I would be getting base interest for 15 days. Assuming the base interest for July month is 1.2 percent, I would be getting approximately 7.5 dollars as interest. Correct ?

Another question, now that account is already opened , there is no use of putting in more money as my lowest value for the month is already set to what I had deposited on day 1?

PC-User wrote:

You'll get base interest calculated on daily basis since day 1.

[Sinkie]

blue_denim24 wrote:

I deposited 15K on the same day of opening the account (via FAST). Will I get base interest (~1.2%) on my 15K for the first month?

You will still get your base interest 0.8 of 1-month sibor regardless you deposit on first or second day



And because you deposit on the first day or on date of opening, you get 0.1% faster or 1 month earlier than those who deposit on the second day

I was given 14 days to put my first deposit when I opened my citi maxigain, and didn't bother to really bring cash or cheque down just to start my counter step up faster

[SBC]

Say deposit another 10k on 2nd month, will the extra 0.2% interest be applied on full 25k for the new 10k?

[Squaredot]

blue_denim24 wrote:

Thanks for replying, so this would mean if I open account on 15th July, then I would be getting base interest for 15 days. Assuming the base interest for July month is 1.2 percent, I would be getting approximately 7.5 dollars as interest. Correct ?

Another question, now that account is already opened , there is no use of putting in more money as my lowest value for the month is already set to what I had deposited on day 1?

You will earn base interest from 15July to 31July on your daily balance.

I think lowest balance affects the bonus interest computation, not base interest.

[Squaredot]

SBC wrote:

Say deposit another 10k on 2nd month, will the extra 0.2% interest be applied on full 25k for the new 10k?

If the lowest balance in 2nd month is $25k, it will earn bonus interest 0.2% in the 3rd month.