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Citibank Maxigain Savings Account

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Old 31-12-2018, 11:21 PM   #4426
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I went to the branch to check a few days ago. The RM told me the "bonus cash reward" is a 1 year time deposit with a promotional interest rate of 2%. Not sure whether it is the same for everyone.
the CSO over the phone tell me if top up to 70k, get $70 cash reward. not sure who is correct.
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Old 01-01-2019, 07:02 AM   #4427
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Sibor average is 1.6815% for last month
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Old 01-01-2019, 09:15 AM   #4428
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then close and put where ?
gonna put it back to DBS multiplier for the moment before deciding next move.

just by getting salary and credit card usage, i can get 1.9% ....

Plus i am stacking my dividends to come every alt month , so its gonna raise to 2.2%

they have this to play around on their site ,

https://www.dbs.com.sg/personal/landing/dbs-multiplier/
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Old 01-01-2019, 11:25 AM   #4429
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For those still thinking of whether to top up or give up, Maybank offering for Jan and Feb :

https://info.maybank2u.com.sg/promot...ds-top-up.aspx

1.9% for Jan 2019
2.0% for Feb 2019

Reference month Dec.

Min 20k.
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Old 01-01-2019, 11:30 AM   #4430
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Yeah 1mth sibor shot up to 1.76. Looks good. At 70% = 1.23%.

Not a referral link
https://abs.org.sg/rates-sibor
means maxigain interest will be 1.23% + 1.2% = 2.43% correct ?
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Old 01-01-2019, 12:56 PM   #4431
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https://www.citibank.com.sg/gcb/depo...xgn-savacc.htm

With effect from 2 January 2019, please note that the following changes will be made to your Citi MaxiGain Savings Account.
A base interest rate equivalent to 70% of the 1-month Singapore Interbank Offer Rate will be paid on the first S$150,000 of your MaxiGain account
A daily end of day balance of at least S$70,000 must be maintained to earn base interest
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Old 01-01-2019, 01:07 PM   #4432
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means maxigain interest will be 1.23% + 1.2% = 2.43% correct ?
Provided counter 12 then yes right
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Old 01-01-2019, 04:42 PM   #4433
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https://www.citibank.com.sg/gcb/depo...xgn-savacc.htm

With effect from 2 January 2019, please note that the following changes will be made to your Citi MaxiGain Savings Account.
A base interest rate equivalent to 70% of the 1-month Singapore Interbank Offer Rate will be paid on the first S$150,000 of your MaxiGain account
A daily end of day balance of at least S$70,000 must be maintained to earn base interest
Oh dear seems like the interest rate has been reduced and it makes the funds requirement much higher now
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Old 01-01-2019, 05:26 PM   #4434
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Oh dear seems like the interest rate has been reduced and it makes the funds requirement much higher now
ok la 70k is still a small amount.
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Old 01-01-2019, 05:31 PM   #4435
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ok la 70k is still a small amount.
Maybe for you but not for peasants like me this was meant to be my emergency funds account since it only requires a 15k minimum. Looks like I have to move on to parking my peanuts amount in SSB
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Old 01-01-2019, 08:32 PM   #4436
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Maybe for you but not for peasants like me this was meant to be my emergency funds account since it only requires a 15k minimum. Looks like I have to move on to parking my peanuts amount in SSB
Dbs multiplier? Quite easy to fulfil. Just salary credit and $1 spend on their credit card to have at least 1.85percent.
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Old 01-01-2019, 08:34 PM   #4437
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Dbs multiplier? Quite easy to fulfil. Just salary credit and $1 spend on their credit card to have at least 1.85percent.
1.85% might as well put in Maybank isavvy or stanchart esaver
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Old 02-01-2019, 12:14 AM   #4438
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anyone's RM tip u all off on the topup to 70k from today onwards promo yet?
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Old 02-01-2019, 12:20 AM   #4439
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1.85% might as well put in Maybank isavvy or stanchart esaver
Isn't the isavvy promo is only for fresh funds top up for that month only? Not for all the remaining months of the year.
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Old 02-01-2019, 02:12 PM   #4440
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I intend to top up to 70k but whether to top up on 31 Dec 2018 or 02 Jan 2019 is the main issue.
Have you or anyone found out the details of the new
Promo?
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