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Citibank Maxigain Savings Account

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Old 03-05-2019, 01:54 AM   #5371
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My RM tells me if withdraw interest, counter will drop. I can't be bothered to argue with her.
The guy who help me to open my maxigain account specifically told me that I can withdraw the interest and help me to open another account for transactional purpose so that i can transfer the interest and spend or withdraw it as I deem fit.
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Old 03-05-2019, 09:10 AM   #5372
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The guy who help me to open my maxigain account specifically told me that I can withdraw the interest and help me to open another account for transactional purpose so that i can transfer the interest and spend or withdraw it as I deem fit.
The moment she told me this I know she is hopeless and I can't trust anything that she says. Also when I went for the topup, she say no need to sign any form just topup. I had to tell her need to enroll and sign something and ask her to check. She went to out and after 10 min came back with form.

Citibank must really do something. Their RM don't even know their products and gave not 1 but many wrong advice.
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Old 03-05-2019, 09:18 AM   #5373
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Sad to say, but this happens even with other banks and is not exclusive to Citi.

That’s why I’m closer with this acquisition officer (which I highly recommend) than my RM, cause she’s really on the ball when it comes to changes and will update me. My RM... quite cmi also, only call me for investment

The moment she told me this I know she is hopeless and I can't trust anything that she says. Also when I went for the topup, she say no need to sign any form just topup. I had to tell her need to enroll and sign something and ask her to check. She went to out and after 10 min came back with form.

Citibank must really do something. Their RM don't even know their products and gave not 1 but many wrong advice.
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Old 03-05-2019, 01:40 PM   #5374
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Anybody gotten their $$$ from CNY topup promotion ?
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Old 03-05-2019, 01:50 PM   #5375
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so the idea is to withdraw the interest and keep the account no more than 150,000?

cos anything more has no interest at all.

The guy who help me to open my maxigain account specifically told me that I can withdraw the interest and help me to open another account for transactional purpose so that i can transfer the interest and spend or withdraw it as I deem fit.
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Old 03-05-2019, 03:59 PM   #5376
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Yeap. That’s absolutely right.

so the idea is to withdraw the interest and keep the account no more than 150,000?

cos anything more has no interest at all.
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Old 03-05-2019, 04:43 PM   #5377
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Anybody gotten their $$$ from CNY topup promotion ?
not yet, waiting....
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Old 03-05-2019, 04:47 PM   #5378
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not yet, waiting....
when did you enroll for it ?
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Old 03-05-2019, 08:04 PM   #5379
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I got 1.8233%

1.77% dont seem right
hmmm where in my formula is wrong?


=((((((70/100*1.77))/100)/365)*AvgMonthlySum)*30)
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Old 03-05-2019, 08:24 PM   #5380
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hmmm where in my formula is wrong?


=((((((70/100*1.77))/100)/365)*AvgMonthlySum)*30)
my formula is same as yours .... 150k got $157.35 Base interest

any of your days where the balance is less than 70k or more than 150k ?

also check your ADB ...

did you mix up the Base & Bonus amount ?

as another check from this site, all Apr's available Sibor was above 1.82% so it is highly unlikely to be 1.77%

https://sibor.sg/history.html

Last edited by oceanicmanta; 03-05-2019 at 08:29 PM..
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Old 03-05-2019, 10:25 PM   #5381
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Should apply today. Dun think u eligible for the top up promo if you are not already city priority/gold customer, refer to the TnC for the promo.

“Customer” refers to an existing Citi Primary Customer who is the main account holder of a Citi Priority, Citigold, or Citigold Private Client relationship, and whose first banking account with Citi had been opened at least three (3) months before the participation in this Promotion.

Cannot have net cash outflow from your account during these 3 months also
Tried to ask the counter staff today and was able to sign the top up promotion form to my surprise. I am not a priority client.
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Old 03-05-2019, 11:42 PM   #5382
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Tried to ask the counter staff today and was able to sign the top up promotion form to my surprise. I am not a priority client.
this form?

https://www.citibank.com.sg/global_d...CITI_TOPUP.pdf
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Old 03-05-2019, 11:44 PM   #5383
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Tried to ask the counter staff today and was able to sign the top up promotion form to my surprise. I am not a priority client.
Thought you need to go through RM or PB.
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Old 04-05-2019, 12:12 AM   #5384
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hmmm where in my formula is wrong?


=((((((70/100*1.77))/100)/365)*AvgMonthlySum)*30)
So many unnecessary parenthesis make confuse only.

1.8233x0.7/100x150000/365x30=157.35, so 1.8233% SIBOR.
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Old 04-05-2019, 07:40 AM   #5385
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Just wondering how many priority customers are here ?
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