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Citibank Maxigain Savings Account

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Old 01-11-2019, 04:35 PM   #6061
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Guys what will be the next better option after the fall of Citibank Maxigain?
Immediate thought would be CIMB.
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Old 01-11-2019, 04:41 PM   #6062
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Changes to MaxiGain Account features
With effect from 2 December 2019, the base interest rate for the Citi MaxiGain Savings Account will be revised to 50% of the 1-month Singapore
Dollar Interbank Offer Rate (1-month SIBOR). The bonus interest rate will also be revised to step up monthly from 0.05% p.a. to a maximum of
0.60% p.a.. You may refer to www.citibank.com.sg/maxigaintcdec2019 for more information.

just saw this on my e statement.
Steep cut
Gotto move funds elsewhere soon. Sigh.
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Old 01-11-2019, 04:42 PM   #6063
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Guys what will be the next better option after the fall of Citibank Maxigain?
no wonder citibank called in order to persuade to take up an ILP with them instead

The ones I know of:
Maybank iSavvy - 2.1% (until Dec)
OCBC Bonus+ - 1.45% with min $500 deposit monthly
Standard Chartered eSaver & Jumpstart
CIMB FastSaver - 1%

Last edited by weeasee; 01-11-2019 at 04:45 PM..
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Old 01-11-2019, 04:53 PM   #6064
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Steep cut
Gotto move funds elsewhere soon. Sigh.
Moving 我的2个 out too
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Old 01-11-2019, 04:56 PM   #6065
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is there any catch to hsbc advance? 2% sounds good
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Old 01-11-2019, 04:57 PM   #6066
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might go back to UOB one
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Old 01-11-2019, 05:00 PM   #6067
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is there any catch to hsbc advance? 2% sounds good
What’s the benefits of hsbc advance ?
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Old 01-11-2019, 05:06 PM   #6068
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What’s the benefits of hsbc advance ?
other than 2% interest, nothing much i guess
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Old 01-11-2019, 05:10 PM   #6069
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SCB JumpStart 20k 2%

only catch is age limit, 18-26 years old.
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Old 01-11-2019, 05:27 PM   #6070
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How to terminate maxigain account ? Can we do online or must go to the branch to terminate ?
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Old 01-11-2019, 05:35 PM   #6071
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what is the minimum balance for no fall below fee? 15k combined for all accounts?
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Old 01-11-2019, 05:41 PM   #6072
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So this means that Nov will be the last month earning the "old" style of interest?
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Old 01-11-2019, 05:43 PM   #6073
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So this means that Nov will be the last month earning the "old" style of interest?
Sian. I just joined this year only.
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Old 01-11-2019, 05:44 PM   #6074
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1 Dec is Sunday. So can only move out funds on 2 Dec.
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Old 01-11-2019, 05:56 PM   #6075
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2.5% cut to 1.5%, of course must put small small.
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