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Citibank Maxigain Savings Account

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Old 31-10-2018, 08:20 AM   #3886
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still not in yet. anyone knows the time it will be reflected today?
Will be reflected today meh?
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Old 31-10-2018, 08:35 AM   #3887
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still not in yet. anyone knows the time it will be reflected today?
It won't. It'll post in your account on the 1st (tomorrow), although it will be dated today (31st).
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Old 31-10-2018, 10:22 AM   #3888
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I'm going to open one anyway since even 0.8% SIBOR is more than 1%
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Old 31-10-2018, 11:52 AM   #3889
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I'm going to open one anyway since even 0.8% SIBOR is more than 1%
Just open and hope no change in tnc. This rumor has been ongoing for some time already
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Old 31-10-2018, 11:58 AM   #3890
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I'm going to open one anyway since even 0.8% SIBOR is more than 1%
should have just opened the last time you went
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Old 31-10-2018, 12:15 PM   #3891
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Last weekend I also went to Citibank branch at Waterway Point wanting to open MaxiGain account. The staff standing at the entrance told me that Citibank will impose $70K min balance in order to get bonus interest in Jan 2019. I left without opening the account on hearing this.

Later, I submitted an enquiry from their website asking for confirmation about this soon-to-be restriction.

Citibank gave a rather long reply mostly apologizing for the incident saying that this was not an acceptable level of customer service.

For the $70K restriction, they only made one paragraph statement quoted below.

"The Policy for the 70,000 SGD have not been introduced yet, we will be
sending communication if this is going to be applied to the accounts."

Not sure if anyone also made enquiries and gotten similar replies. What to make of this? They are neither denying this policy nor are they saying when or if it will be imposed.

For people wanting to open new accounts, this is not very reassuring.
is the $70,000 total relationship balance or for the maxigain account? If it is the latter , I gg already.
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Old 31-10-2018, 02:20 PM   #3892
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Yah. Thatís why I come here to learn lo. Haha.
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Old 31-10-2018, 07:39 PM   #3893
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It won't. It'll post in your account on the 1st (tomorrow), although it will be dated today (31st).
So i can withdraw the interest today and wont affect my counter right?
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Old 31-10-2018, 08:28 PM   #3894
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Last weekend I also went to Citibank branch at Waterway Point wanting to open MaxiGain account. The staff standing at the entrance told me that Citibank will impose $70K min balance in order to get bonus interest in Jan 2019. I left without opening the account on hearing this.

Later, I submitted an enquiry from their website asking for confirmation about this soon-to-be restriction.

Citibank gave a rather long reply mostly apologizing for the incident saying that this was not an acceptable level of customer service.

For the $70K restriction, they only made one paragraph statement quoted below.

"The Policy for the 70,000 SGD have not been introduced yet, we will be
sending communication if this is going to be applied to the accounts."

Not sure if anyone also made enquiries and gotten similar replies. What to make of this? They are neither denying this policy nor are they saying when or if it will be imposed.

For people wanting to open new accounts, this is not very reassuring.
lol i went to the same branch 2 months ago and the staff at the counter told me the same thing that there's going to be change in Nov.

Last edited by Boy who Procrastinates; 31-10-2018 at 09:46 PM..
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Old 31-10-2018, 08:39 PM   #3895
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lol i went to the same branch 2 months ago and the staff at the counter told me the same thing that there's going to be change in Nov. Not sure why they keep spreading this kind of rumour
the banker which helped open my account told me that if you think from their point of view, they would rather take the chance to warn you about the rumor even if it may not be true, then have you come back and complain to them when such a thing does really kick into place.

just imagine if they open the maxigain acc for you in October without warning you. then just nice indeed, citibank decide to change this T&C according to these so-called rumors in Nov, less than a month after you opened the account. how would you feel ? would you also complain about them like now ? either way, they lose, so they rather take the better losing option, which is to warn you, and also save their time on ppl who chose to believe the rumor
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Old 31-10-2018, 09:19 PM   #3896
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the banker which helped open my account told me that if you think from their point of view, they would rather take the chance to warn you about the rumor even if it may not be true, then have you come back and complain to them when such a thing does really kick into place.

just imagine if they open the maxigain acc for you in October without warning you. then just nice indeed, citibank decide to change this T&C according to these so-called rumors in Nov, less than a month after you opened the account. how would you feel ? would you also complain about them like now ? either way, they lose, so they rather take the better losing option, which is to warn you, and also save their time on ppl who chose to believe the rumor
Hmm you have a point there. better to be on the safe side.
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Old 01-11-2018, 07:16 AM   #3897
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the banker which helped open my account told me that if you think from their point of view, they would rather take the chance to warn you about the rumor even if it may not be true, then have you come back and complain to them when such a thing does really kick into place.

just imagine if they open the maxigain acc for you in October without warning you. then just nice indeed, citibank decide to change this T&C according to these so-called rumors in Nov, less than a month after you opened the account. how would you feel ? would you also complain about them like now ? either way, they lose, so they rather take the better losing option, which is to warn you, and also save their time on ppl who chose to believe the rumor
there is no point to warn for something is still not confirm
what I see, that folks are just simply lazy to entertain this as no benefits for them
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Old 01-11-2018, 07:28 AM   #3898
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when will eadvice for the last month usually be out ?
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Old 01-11-2018, 08:26 AM   #3899
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there is no point to warn for something is still not confirm
what I see, that folks are just simply lazy to entertain this as no benefits for them
So far I met a few lousy/ soso RM in Citibank. As compared to those in UOB/ DBS/ OCBC, I feel rather unprofessional.

How can you tell clients about something that is untrue. What rumors? I think by doing that, it is already unprofessional:

1. Tell potential clients things that is not true
2. Even if they hear in advance from bosses/ colleagues, they should keep it confidential until official release (disclosure of company confidential info)
3. If the RM and you has great relationship, then maybe ok to share as friends.
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Old 01-11-2018, 09:21 AM   #3900
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the banker which helped open my account told me that if you think from their point of view, they would rather take the chance to warn you about the rumor even if it may not be true, then have you come back and complain to them when such a thing does really kick into place.

just imagine if they open the maxigain acc for you in October without warning you. then just nice indeed, citibank decide to change this T&C according to these so-called rumors in Nov, less than a month after you opened the account. how would you feel ? would you also complain about them like now ? either way, they lose, so they rather take the better losing option, which is to warn you, and also save their time on ppl who chose to believe the rumor
lol i just opened new acct on Monday at Macdonald's hse branch, the guy who opened my acct didnt say anything. but maybe becuase i was already v black face. i went in the morning to open but didnt bring NRIC (thought drivers license is good enough) but the guy say cannot, so i had to go home n take IC and go back to the branch so was jin fed up already.
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