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Citibank Maxigain Savings Account

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Old 09-08-2018, 10:44 PM   #3271
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Wah how come your bonus is so Low? Ur effective interest works out to be ard 1.3%. Did you withdraw and cause counter to drop to 6?
Bonus is for the previous month, not the current month.
it is at the max amount and at 12 counters.
i didnot withdraw any interest. just left it.
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Old 09-08-2018, 11:36 PM   #3272
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Hmmmm so i put in 150k only will get about 166 monthly nia??? Zhun bo? My stand chart 1.3% also get 200 plus monthly sia
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Old 10-08-2018, 07:07 AM   #3273
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it is at the max amount and at 12 counters.
i didnot withdraw any interest. just left it.
But the maximum amount is not there for at least 2 months right? Did you just top it up within last month?
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Old 10-08-2018, 07:36 AM   #3274
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it is at the max amount and at 12 counters.
i didnot withdraw any interest. just left it.
Wat was ur interest the previous month?
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Old 10-08-2018, 07:39 AM   #3275
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if my opening bal is the max 150k.
how come the interest is only 166?
Any screenshot? Have you called Citibank and ask?
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Old 10-08-2018, 09:26 AM   #3276
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My counter is alr 12.
From the statement
- bonus : $14
- interest : $152
I guess u top up 150k in late June or July?
bonus $15 is based on your lowest balance in June.
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Old 10-08-2018, 10:16 AM   #3277
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My counter is alr 12.
From the statement
- bonus : $14
- interest : $152
Because your lowest balance in June 2018 was ~14k only. You only topped up to 150k sometime from 2 June onwards.

Bonus interest is on the lowest balance of the month before. (ie: interest credited on Aug 1, dated 31 Jul, is based on the lowest balance in June)
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Old 10-08-2018, 10:29 AM   #3278
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Because your lowest balance in June 2018 was ~14k only. You only topped up to 150k sometime from 2 June onwards.

Bonus interest is on the lowest balance of the month before. (ie: interest credited on Aug 1, dated 31 Jul, is based on the lowest balance in June)
ok... sorry for the confusion.
the bonus interest is on the lowest value for that month.
the base interest is on the daily closing bal.

yes, i only topped up to the max in june.
so thats why.

i guess in august interests, will have the max.
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Old 10-08-2018, 10:30 AM   #3279
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btw, do you guys withdraw the 200+ interest immed on the same day?
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Old 10-08-2018, 11:03 AM   #3280
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btw, do you guys withdraw the 200+ interest immed on the same day?
yes, once it's in.
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Old 10-08-2018, 01:47 PM   #3281
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yes, once it's in.
By doing so, it will not reduce the counter?
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Old 10-08-2018, 02:07 PM   #3282
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By doing so, it will not reduce the counter?
Of course not, lowest balance in month still remains as the amount before interest credited
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Old 10-08-2018, 06:25 PM   #3283
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As long as they close the books for the day

Of course not, lowest balance in month still remains as the amount before interest credited
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Old 10-08-2018, 06:26 PM   #3284
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Did bank try to sell anything when signing up?
Any comments on their annuity plan (aia)
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Old 10-08-2018, 09:59 PM   #3285
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Hi,

Could anyone advise if it's still worth it to apply for both the interest plus saving and maxigain and wait for the counter to increase or just go and open maxigain only ? What's the sign-up bonus now ? Thanks all
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