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Citibank Maxigain Savings Account

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Old 09-01-2019, 05:16 PM   #4531
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Citibank is seriously the number 1 bank where their staff (including RM) don't understand their products and keep giving wrong advice. And to make things worse, they come out with super complicated terms that no one understands.

Really one of a kind. How to trust this kind of bank with your money ?
As long as covered under SDIC.
Don't have account security problem like CIMB Malaysia recently experienced.

Products with complicated terms = harder for consumers like us to benefit from the "good deals", so the bank will "win", and survive in this era.

Despite agreeing that they have more staff not kept up to date or understand their products, I would still rather like to have Citibank around. Imagine if another retail bank closed down in Singapore (referring to ANZ Bank).

Less competition = less choices for consumers = less "good deals"
(ANZ Bank previously offers loan @ 0% interest rate, no processing fee for 6 months. UOB attempted the same with shorter period. That was like 2-3 years ago. Now where got such deal!)
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Old 09-01-2019, 05:42 PM   #4532
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As long as covered under SDIC.
Don't have account security problem like CIMB Malaysia recently experienced.

Products with complicated terms = harder for consumers like us to benefit from the "good deals", so the bank will "win", and survive in this era.

Despite agreeing that they have more staff not kept up to date or understand their products, I would still rather like to have Citibank around. Imagine if another retail bank closed down in Singapore (referring to ANZ Bank).

Less competition = less choices for consumers = less "good deals"
(ANZ Bank previously offers loan @ 0% interest rate, no processing fee for 6 months. UOB attempted the same with shorter period. That was like 2-3 years ago. Now where got such deal!)
Citibank used to be competitive but no longer the case after major nerf to their cards and maxigain
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Old 09-01-2019, 06:49 PM   #4533
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How to check what is my counter now?
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Old 09-01-2019, 07:01 PM   #4534
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How to check what is my counter now?
In your monthly statement.
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Old 10-01-2019, 11:26 AM   #4535
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the base and bonus interest only applies to the first $150k so there's no point keeping more than $150k right?
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Old 10-01-2019, 01:26 PM   #4536
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read from forum here some unpleasant experience in 2016/2017 by customers who tried to open their Maxigain account using Citibank Instant Banking Centre. Is it advisable to use such Instant Banking Centres in 2019?
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Old 10-01-2019, 01:29 PM   #4537
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read from forum here some unpleasant experience in 2016/2017 by customers who tried to open their Maxigain account using Citibank Instant Banking Centre. Is it advisable to use such Instant Banking Centres in 2019?
depends what u want to do, if sign up CC or take loans etc they are very good. for other things better to go to full service branches if possible.
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Old 10-01-2019, 01:35 PM   #4538
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read from forum here some unpleasant experience in 2016/2017 by customers who tried to open their Maxigain account using Citibank Instant Banking Centre. Is it advisable to use such Instant Banking Centres in 2019?
Maxigain tnc changed wef 2 Jan 2019. Make sure you are reading the new tnc and not old ones.
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Old 10-01-2019, 01:35 PM   #4539
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If wife and husband got one maxi acc each, can they still open another joint maxi acc
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Old 10-01-2019, 01:38 PM   #4540
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Yes. It’s possible.

If wife and husband got one maxi acc each, can they still open another joint maxi acc
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Old 10-01-2019, 02:35 PM   #4541
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Maxigain tnc changed wef 2 Jan 2019. Make sure you are reading the new tnc and not old ones.
Yes, I am aware of that. I read through the FAQ displayed at Citibank website.

If the Maxigain T&Cs do not change drastically over the next 12 months, it should be able to replace my BOC Smartsaver/BOC Family Card.

Last edited by Mickey01; 10-01-2019 at 02:51 PM..
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Old 11-01-2019, 10:19 AM   #4542
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I already switched to Maxigain from BOC, no minimum spending for credit card which I like.. last time.. every month must think what to buy to hit $500 minimum spending..

Yes, I am aware of that. I read through the FAQ displayed at Citibank website.

If the Maxigain T&Cs do not change drastically over the next 12 months, it should be able to replace my BOC Smartsaver/BOC Family Card.
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Old 11-01-2019, 11:04 AM   #4543
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I already switched to Maxigain from BOC, no minimum spending for credit card which I like.. last time.. every month must think what to buy to hit $500 minimum spending..
for my case, hitting the min $500 minimum spend is not an issue. BOC Family Card changed their rebate T&Cs recently that it is not worth to continue with that card based on my spending pattern.
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Old 11-01-2019, 01:39 PM   #4544
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for my case, hitting the min $500 minimum spend is not an issue. BOC Family Card changed their rebate T&Cs recently that it is not worth to continue with that card based on my spending pattern.
Yes, switch to cimb visa signature
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Old 13-01-2019, 07:24 AM   #4545
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Having worked with a few RMs, I never believe my Citibank RMs. Had 3 and all cock it up and provide wrong info

https://www.citibank.com.sg/gcb/depo...xgn-savacc.htm
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