HWZ Forums

Login Register FAQ Mark Forums Read

Citibank Maxigain Savings Account

Like Tree510Likes
Reply
 
LinkBack Thread Tools
Old 09-08-2018, 09:11 PM   #3271
Greater Supremacy Member
 
Sinkie's Avatar
 
Join Date: Jan 2009
Posts: 77,121
I also have one personal and one joint maxigain acct.

Thinking of opening a 3rd joint acct.
$450,000 spotted
Sinkie is offline   Reply With Quote
Old 09-08-2018, 09:19 PM   #3272
Senior Member
 
Join Date: Jul 2004
Posts: 1,207
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?

My counter is alr 12.
From the statement
- bonus : $14
- interest : $152
finale1 is offline   Reply With Quote
Old 09-08-2018, 09:38 PM   #3273
Master Member
 
Join Date: Nov 2015
Posts: 4,646
Bonus is for the previous month, not the current month.
koja6049 is offline   Reply With Quote
Old 09-08-2018, 10:44 PM   #3274
Senior Member
 
Join Date: Apr 2008
Posts: 2,425
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.
foozgarden is offline   Reply With Quote
Old 09-08-2018, 11:36 PM   #3275
Arch-Supremacy Member
 
compro_1975's Avatar
 
Join Date: Jul 2004
Posts: 23,505
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
compro_1975 is offline   Reply With Quote
Old 10-08-2018, 07:07 AM   #3276
Member
 
Join Date: Oct 2017
Posts: 422
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?
Buzy_bee is offline   Reply With Quote
Old 10-08-2018, 07:36 AM   #3277
Senior Member
 
TabascoSauce's Avatar
 
Join Date: May 2017
Posts: 2,486
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?
TabascoSauce is offline   Reply With Quote
Old 10-08-2018, 07:39 AM   #3278
Greater Supremacy Member
 
Sinkie's Avatar
 
Join Date: Jan 2009
Posts: 77,121
if my opening bal is the max 150k.
how come the interest is only 166?
Any screenshot? Have you called Citibank and ask?
Sinkie is offline   Reply With Quote
Old 10-08-2018, 09:26 AM   #3279
Master Member
 
Join Date: Feb 2009
Posts: 2,877
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.
Squaredot is offline   Reply With Quote
Old 10-08-2018, 10:16 AM   #3280
Supremacy Member
 
Join Date: Sep 2001
Posts: 9,208
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)
dreant is offline   Reply With Quote
Old 10-08-2018, 10:29 AM   #3281
Senior Member
 
Join Date: Apr 2008
Posts: 2,425
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.
foozgarden is offline   Reply With Quote
Old 10-08-2018, 10:30 AM   #3282
Senior Member
 
Join Date: Apr 2008
Posts: 2,425
btw, do you guys withdraw the 200+ interest immed on the same day?
foozgarden is offline   Reply With Quote
Old 10-08-2018, 11:03 AM   #3283
Master Member
 
Join Date: Jun 2000
Posts: 4,179
btw, do you guys withdraw the 200+ interest immed on the same day?
yes, once it's in.
maumu is offline   Reply With Quote
Old 10-08-2018, 01:47 PM   #3284
Member
 
Join Date: Oct 2017
Posts: 422
yes, once it's in.
By doing so, it will not reduce the counter?
Buzy_bee is offline   Reply With Quote
Old 10-08-2018, 02:07 PM   #3285
Arch-Supremacy Member
 
Join Date: Apr 2015
Posts: 15,654
By doing so, it will not reduce the counter?
Of course not, lowest balance in month still remains as the amount before interest credited
Trazora is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On