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Citibank Maxigain Savings Account

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Old 01-11-2019, 11:52 PM   #6106
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anyone know how to transfer 75K out from Maxigain fastest? Preparing now for next month.
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Old 01-11-2019, 11:58 PM   #6107
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anyone know how to transfer 75K out from Maxigain fastest? Preparing now for next month.
isnt FAST limit 200k ? or 100k at least ?
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Old 02-11-2019, 01:05 AM   #6108
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http://www.citibank.com.sg/maxigaintcdec2019
Seems like can still can go up to 12 counters?

So, usual interest for those at max counter would be around:
0.5 x 1.8% + 1.2% = 2.1%

Not as good as previously but still better than some options available...no?
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Old 02-11-2019, 01:10 AM   #6109
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Seems like can still can go up to 12 counters?

So, usual interest for those at max counter would be around:
0.5 x 1.8% + 1.2% = 2.1%

Not as good as previously but still better than some options available...no?
No, max bonus interest will be 0.6%, not 1.2%
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Old 02-11-2019, 01:46 AM   #6110
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No, max bonus interest will be 0.6%, not 1.2%
Oops, my bad.
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Old 02-11-2019, 01:58 AM   #6111
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Macdonald branch citibank closing next year FEB 2020.
Sooner or later, citibank will uplorry.
Now do this stun on maxigain acc. Sure many jump ship.

I guess this thread will die off after december.
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Old 02-11-2019, 05:37 AM   #6112
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Macdonald branch citibank closing next year FEB 2020.
Sooner or later, citibank will uplorry.
Now do this stun on maxigain acc. Sure many jump ship.

I guess this thread will die off after december.
Yes, if 10 of us move out 100k, already 1 million gone and I believe there will be many more moving out funds.
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Old 02-11-2019, 06:48 AM   #6113
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any advice which bank provide higest rate ?


so that we can transfer out from citibank - instead of 1.5% rate !

at least higher than cb rate for sure.

cimb was my option but hope for better deal
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Old 02-11-2019, 07:03 AM   #6114
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Isavvy or eSaver
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Old 02-11-2019, 08:54 AM   #6115
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any advice which bank provide higest rate ?


so that we can transfer out from citibank - instead of 1.5% rate !

at least higher than cb rate for sure.

cimb was my option but hope for better deal
Same also interested to know more. Probably rotate iSAVvy and iSAVvy-i or iSAVvy with Esaver or CIMB fixed deposit or ICBC fixed deposit ?
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Old 02-11-2019, 09:22 AM   #6116
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Same also interested to know more. Probably rotate iSAVvy and iSAVvy-i or iSAVvy with Esaver or CIMB fixed deposit or ICBC fixed deposit ?

ICBC is my option ..still contemplating.
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Old 02-11-2019, 09:56 AM   #6117
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but if close the acc..

1 year later they may revert back the interest rate to the old ?

then would have to build up the counters again..

rooks like there is no more min 70k to earn base interest.. so contemplating mybe worth it to keep 15k in it..

would probably lose around 2% (esaver/isavvy ~interest rates) - 1.5% = 0.05% interest on 15k = which is only $75 a year

after all esaver/isavvy may not keep their rates at ~2% forever too, it may also gradually revise downwards till 1.5% esp after fed rate cut
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Old 02-11-2019, 10:12 AM   #6118
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but if close the acc..

1 year later they may revert back the interest rate to the old ?

then would have to build up the counters again..

rooks like there is no more min 70k to earn base interest.. so contemplating mybe worth it to keep 15k in it..

would probably lose around 2% (esaver/isavvy ~interest rates) - 1.5% = 0.05% interest on 15k = which is only $75 a year

after all esaver/isavvy may not keep their rates at ~2% forever too, it may also gradually revise downwards till 1.5% esp after fed rate cut
70k min requirement for base interest is still there
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Old 02-11-2019, 10:14 AM   #6119
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70k min requirement for base interest is still there
o yea.. missed it.. then sucks then, close it better

around $210 per year lost then to keep 15k in the acc
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Old 02-11-2019, 10:39 AM   #6120
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Good while it lasted. Hahas got 3k interest from Citibank. Guess they cant keep up with the interest rates...

Alternatively I maybe transferring to DBS Multiplier for the first $50k. And $20k to SCB Jumpstart 2%.

Any more alternatives for >2% interest?
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