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Citibank Maxigain Savings Account

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Old 10-11-2018, 08:55 AM   #3976
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If you accidentally withdraw the amount but top up immediately, will the step up interest be affected?
no ... intraday balance does not matter

what matters is the end of day balance when comparing last month's lowest balance
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Old 10-11-2018, 09:44 AM   #3977
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I think can get $250 for CTP welcome programme.... Have not study the detail yet.....
https://www.citibank.com.sg/global_d...Programme1.pdf

Any advantage or great benefits in placing $70k upfront to get citipriority?
Any advantage or great benefits in placing $70k upfront to get citipriority?
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Old 10-11-2018, 12:50 PM   #3978
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I think can get $250 for CTP welcome programme.... Have not study the detail yet.....
https://www.citibank.com.sg/global_d...Programme1.pdf
If u got spare cash, no harm la. $250 for $70k. Out for 3 months
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Old 12-11-2018, 04:08 PM   #3979
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just got back from Citibank and intending to open a 2nd joint account, but was told that multiple accounts by an individual, are no longer allowed. Also was told that from 2 Jan 2019, there will be a revision of interest download, from 80% of SIBOR to 70%. All good things will soon come to an end
not sure when they stopped this. I do have joint citi maxigain accounts
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Old 12-11-2018, 07:44 PM   #3980
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anyone wanna me to refer in can let me know we split the goodies yea
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Old 12-11-2018, 08:14 PM   #3981
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anyone wanna me to refer in can let me know we split the goodies yea
PM-ed you
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Old 12-11-2018, 09:00 PM   #3982
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If you accidentally withdraw the amount but top up immediately, will the step up interest be affected?
nope wont be
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Old 12-11-2018, 09:12 PM   #3983
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I have a personal and joint account. But now I was told, an individual can only have 1 acct, personal or joint.

not sure when they stopped this. I do have joint citi maxigain accounts
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Old 15-11-2018, 06:19 PM   #3984
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Opened an acc for my mom in jul was told 70k minimum in oct. opened one myself today, staff kept telling me about 70k minimum from Jan. When I ask for official letter he say they will send email soon. Hes just informing his customer in advance. Super annoying when their own staff keep spouting inaccurate nonsense.
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Old 16-11-2018, 05:44 AM   #3985
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Opened an acc for my mom in jul was told 70k minimum in oct. opened one myself today, staff kept telling me about 70k minimum from Jan. When I ask for official letter he say they will send email soon. Hes just informing his customer in advance. Super annoying when their own staff keep spouting inaccurate nonsense.
sad for citi as a brand
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Old 18-11-2018, 05:40 PM   #3986
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bonus interest on lowest balance

Intending to do a top up under the new funds topup promo for existing customers.

Read thru the TnC again to gain a better understanding.

https://www.citibank.com.sg/gcb/depo...axiGainTnC.pdf

So now i gather that if I have $10,000 for ONE day of the month, and even if for the remaining days of the month I have $150,000, the bonus interest is only paid for $10,000 because that day was the 'lowest balance'. ("The lowest balance of the month that your Maxigain account is opened will be the lowest amount of funds in your MaxiGain account at any point in time in that month").

Someone has defined "any point in time" as the sum of end of day balance. I hope its true and not literally "at any one time".

This account has been working well for me so far and it is the best way to earn high interests fuss-free without salary credit, bill payment and credit card spending to monitor. I believe this is most suitable for people who just wants to dump the money there and slowly let it compound by itself to $150,000.
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Old 18-11-2018, 06:45 PM   #3987
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the last I checked, fresh fund top up promo not applicable to maxigain ... just take note
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Old 18-11-2018, 10:24 PM   #3988
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Intending to do a top up under the new funds topup promo for existing customers.

Read thru the TnC again to gain a better understanding.

https://www.citibank.com.sg/gcb/depo...axiGainTnC.pdf

So now i gather that if I have $10,000 for ONE day of the month, and even if for the remaining days of the month I have $150,000, the bonus interest is only paid for $10,000 because that day was the 'lowest balance'. ("The lowest balance of the month that your Maxigain account is opened will be the lowest amount of funds in your MaxiGain account at any point in time in that month").

Someone has defined "any point in time" as the sum of end of day balance. I hope its true and not literally "at any one time".

This account has been working well for me so far and it is the best way to earn high interests fuss-free without salary credit, bill payment and credit card spending to monitor. I believe this is most suitable for people who just wants to dump the money there and slowly let it compound by itself to $150,000.
Lowest is the lowest EOD, but who knows what is EOD. Someone said 2300 hour is EOD and not 2359. So DYODD, please.
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Old 19-11-2018, 11:54 AM   #3989
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So now i gather that if I have $10,000 for ONE day of the month, and even if for the remaining days of the month I have $150,000, the bonus interest is only paid for $10,000 because that day was the 'lowest balance'. ("The lowest balance of the month that your Maxigain account is opened will be the lowest amount of funds in your MaxiGain account at any point in time in that month").
Yes, this is correct.

Someone has defined "any point in time" as the sum of end of day balance. I hope its true and not literally "at any one time"
Not so much that 'someone has defined', but that some people have said bank staff told them that it's the EOD balance; that said, the TOC is worded such that it doesn't have to be, and can be the lowest balance at any point in time during the entire month - but even if that was true, it doesn't really matter to most people anyway.
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Old 20-11-2018, 07:25 PM   #3990
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Yes, this is correct.



Not so much that 'someone has defined', but that some people have said bank staff told them that it's the EOD balance; that said, the TOC is worded such that it doesn't have to be, and can be the lowest balance at any point in time during the entire month - but even if that was true, it doesn't really matter to most people anyway.
I am just thinking of the scenario where in a single day, I FAST out say $30K, but then I FAST IN $100K. Net increase in that day's balance is $70K, but going by the "any point in time" definition, the bank might only award me the "lowest balance" after the FAST OUT, and might also drop my bonus interest steps.?
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