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Citibank Maxigain Savings Account

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Old 20-09-2018, 06:17 PM   #3436
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Sorry can I check again ...

If I withdraw money (assuming now I'm counter 8), it will fall down to which counter?
Should drop to counter 6
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Old 20-09-2018, 06:25 PM   #3437
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Should drop to counter 6
So does it mean any counter above counter 6 if you withdraw will drop to counter 6?
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Old 20-09-2018, 06:54 PM   #3438
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So does it mean any counter above counter 6 if you withdraw will drop to counter 6?
Counter should drop to 6 (current counter is above 6) when withdraw from account resulting in balance becoming lower than previous month.

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Old 20-09-2018, 06:56 PM   #3439
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Sorry can I check again ...

If I withdraw money (assuming now I'm counter 8), it will fall down to which counter?
Counter 6 if at counter 8 currently
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Old 20-09-2018, 07:00 PM   #3440
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Sorry can I check again ...

If I withdraw money (assuming now I'm counter 8), it will fall down to which counter?
Tnc must be excessively complicated.
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Old 20-09-2018, 07:16 PM   #3441
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Tnc must be excessively complicated.
15 minutes late.
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Old 20-09-2018, 09:55 PM   #3442
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Tnc must be excessively complicated.
Lollollol🤣🤣🤣
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Old 21-09-2018, 10:34 AM   #3443
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Assuming if we withdraw a certain amount of money but we top up the money in the same month... and is higher than the previous month... Will it still go back to counter 6?
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Old 21-09-2018, 10:41 AM   #3444
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Assuming if we withdraw a certain amount of money but we top up the money in the same month... and is higher than the previous month... Will it still go back to counter 6?
The lowest balance of that month will be the lowest amount of funds in your MaxiGain account at any point in time in the month.
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Old 21-09-2018, 11:25 AM   #3445
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The lowest balance of that month will be the lowest amount of funds in your MaxiGain account at any point in time in the month.
to be more accurate, it is the lowest daily balance. so if month X you have $x and in month (X+1) there is a day where the end-of-day balance is < $x, you will drop counter.

topping it up the next day will not help.
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Old 21-09-2018, 11:30 AM   #3446
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to be more accurate, it is the lowest daily balance. so if month X you have $x and in month (X+1) there is a day where the end-of-day balance is < $x, you will drop counter.

topping it up the next day will not help.
So it means we cannot withdraw money from this account? Only during emergency then we can withdraw because it will reset to counter 6?
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Old 21-09-2018, 11:55 AM   #3447
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So it means we cannot withdraw money from this account? Only during emergency then we can withdraw because it will reset to counter 6?
You can withdraw the monthly interest without any penalty of counter drop. Any further withdrawal will drop counter to 6 if at counter 6-12 and counter to 0 if at counter 0-5.
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Old 21-09-2018, 01:37 PM   #3448
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So it means we cannot withdraw money from this account? Only during emergency then we can withdraw because it will reset to counter 6?
You can withdraw the monthly interest without any penalty of counter drop. Any further withdrawal will drop counter to 6 if at counter 6-12 and counter to 0 if at counter 0-5.
yeah u can withdraw the exact amount of interest you get each month (usually credited the first day of each month) while keeping the daily balance equal to the previous month's and you will not drop counter.

if you don't withdraw the monthly interest, they will get 'locked up' and your daily minimum every month will increase if you don't want your counter to be affected/downgraded.

most of us would let the interest roll until it hits exactly $150k and then we draw out the extra interest each month, keeping the daily minimum to $150k always.
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Old 21-09-2018, 01:51 PM   #3449
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most of us would let the interest roll until it hits exactly $150k and then we draw out the extra interest each month, keeping the daily minimum to $150k always.
Like a monthly roll Fixed Deposit, just need to remember to withdraw on 1st of the month
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Old 21-09-2018, 01:55 PM   #3450
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Like a monthly roll Fixed Deposit, just need to remember to withdraw on 1st of the month
Anyone done this interest withdrawn on the 1st of the month & the counter still remain the same?
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