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Citibank Maxigain Savings Account

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Old 01-05-2019, 10:56 AM   #5326
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Anyone receive the top up bonus?
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Old 01-05-2019, 12:39 PM   #5327
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Is there any maximum interest rate can be earned?
Example like counter 12 = 1.2%
Then sibor rate 2% = 1.4%
Total 2.6% can be earned for the first $70k?
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Old 01-05-2019, 12:45 PM   #5328
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Lowest balance is any time or lowest end of day balance?
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Old 01-05-2019, 01:13 PM   #5329
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Is there any maximum interest rate can be earned?
Example like counter 12 = 1.2%
Then sibor rate 2% = 1.4%
Total 2.6% can be earned for the first $70k?
Not specified cap.
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Old 01-05-2019, 01:13 PM   #5330
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Lowest balance is any time or lowest end of day balance?
End of day balance
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Old 01-05-2019, 02:45 PM   #5331
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Is there any maximum interest rate can be earned?
Example like counter 12 = 1.2%
Then sibor rate 2% = 1.4%
Total 2.6% can be earned for the first $70k?

Max counter is 12. So max Bonus interest = 1.2%
Don't think there is a maximum account balance that earns the Bonus interest.

Base interest fluctuates according to Sibor.
"The maximum account balance that earns the base interest rate is capped at the first $150,000."

That's why if you want to maximise the benefits of this account, have between 70 - 150k.
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Old 01-05-2019, 05:46 PM   #5332
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Citibank money market account

Wondering anyone heard of this account?
Similar to maxigain, but min balance is 30k to earn interest of around 1.27% as on today rate

Citibank reserves the right to determine the daily interest payable based on the daily prevailing Singapore Interbank Bid Rate (SIBID). The rate is currently based at 70% of daily 1 month SIBID. The account does not earn interest if the average monthly balance, calculated as at the last day of the month, falls belong S$30,000
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Old 01-05-2019, 07:00 PM   #5333
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Wondering anyone heard of this account?
Similar to maxigain, but min balance is 30k to earn interest of around 1.27% as on today rate

Citibank reserves the right to determine the daily interest payable based on the daily prevailing Singapore Interbank Bid Rate (SIBID). The rate is currently based at 70% of daily 1 month SIBID. The account does not earn interest if the average monthly balance, calculated as at the last day of the month, falls belong S$30,000
Why not deposit in standard chartered esaver? Paying more than 1.27%.
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Old 01-05-2019, 07:20 PM   #5334
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Why not deposit in standard chartered esaver? Paying more than 1.27%.
Should as well place in Maybank isavvy. 2% min 20k.
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Old 01-05-2019, 08:32 PM   #5335
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Should as well place in Maybank isavvy. 2% min 20k.
maybank saving account so good 2% min 20k? got any other toc?
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Old 01-05-2019, 08:58 PM   #5336
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All the other accounts like Isavy and esaver is not every month u get the interest, only for incremental balance!
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Old 01-05-2019, 09:12 PM   #5337
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ISavvy and eSaver need a bit of work every 2 months or so to get the higher interest. The offer for higher interest lasts for 2 months and it’s for the increased deposit from average daily balance the month before. So to get the most of these accounts, you need to move the money every 2 months or so.

maybank saving account so good 2% min 20k? got any other toc?
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Old 01-05-2019, 09:12 PM   #5338
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All the other accounts like Isavy and esaver is not every month u get the interest, only for incremental balance!
so wrong boss...
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Old 01-05-2019, 09:28 PM   #5339
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e$aver Bonus Interest (1 April 2019 to 31 May 2019) Promotion
From now till 31 May 2019, earn up to 2.00% p.a. interest on eligible deposit balance of S$1 million with no lock-in period when you bring in incremental fresh funds* (compared to March 2019ís average daily balance).

DEPOSIT BALANCE TIER
PREVAILING INTEREST RATE ON DEPOSIT BALANCE
BONUS INTEREST RATE ON ELIGIBLE INCREMENTAL BALANCE
TOTAL INTEREST RATE ON ELIGIBLE INCREMENTAL BALANCE
<S$50,000 0.10% p.a. 1.75% p.a. 1.85% p.a.
S$50,000 to <S$200,000 0.15% p.a 1.90% p.a.
≥S$200,000 0.25% p.a. 2.00% p.a.

pls see the sc website, the bonus interest is only on incremental balance, u need to transfer in and out to get the 2% interest
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Old 01-05-2019, 10:17 PM   #5340
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last month's sibor: 1.771300% seems to drop....
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