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Citibank Maxigain Savings Account

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Old 01-12-2019, 09:17 PM   #6691
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Cimb fastsaver is the 1% one??
Interest Rates
Account Balance Interest Rates*
First S$50,000 1.00% p.a.
Next S$25,000. 1.50% p.a.
Next S$25,000 1.80% p.a.
Above S$100,000 0.60% p.a.
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Old 01-12-2019, 09:31 PM   #6692
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Interest Rates
Account Balance Interest Rates*
First S$50,000 1.00% p.a.
Next S$25,000. 1.50% p.a.
Next S$25,000 1.80% p.a.
Above S$100,000 0.60% p.a.
will this meet the same faith as Maxigain in 2020??
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Old 01-12-2019, 09:36 PM   #6693
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**** man, only managed to xfer out 1k. Subsequently tried 50k two times both got reversed
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Old 01-12-2019, 09:45 PM   #6694
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Got scammed by them... Transfers above 50k on mobile app automatically get converted into GIRO and will take 3 working days to transfer. Now my money is stuck in nowhere.

Should have done 10k transfers instead.
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Old 01-12-2019, 09:48 PM   #6695
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Managed to transfer $70k out. In transactions of 1k, 2k, 3k, 5k and 10k. Kena a lot of reversals. Will continue to try my luck.
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Old 01-12-2019, 09:52 PM   #6696
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That's what I think happened to me too. I transferred 100K using the app and the money was debited from Maxigain but not credited to my other bank account. It seems to have disappeared.

How do you know it's converted to Giro? It says "same day external transfer" for me.

This is seriously messed up.
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Old 01-12-2019, 09:58 PM   #6697
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Cimb fastsaver is the 1% one??
yes the 1% one.

thats the only alternative I personally have besides leaving my money in maxi
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Old 01-12-2019, 09:58 PM   #6698
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That's what I think happened to me too. I transferred 100K using the app and the money was debited from Maxigain but not credited to my other bank account. It seems to have disappeared.

How do you know it's converted to Giro? It says "same day external transfer" for me.

This is seriously messed up.
Same for me
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Old 01-12-2019, 10:08 PM   #6699
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From Citi pricing guide:

Citi MaxiGain Account (S$)
Minimum initial deposit*
S$15,000
#

Minimum balance to earn base interest
S$70,000

Minimum balance to earn bonus interest
S$1
Thx mate. Now waiting for 12am, one last round and i can end this drama. Damn tedious
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Old 01-12-2019, 10:10 PM   #6700
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That's what I think happened to me too. I transferred 100K using the app and the money was debited from Maxigain but not credited to my other bank account. It seems to have disappeared.

How do you know it's converted to Giro? It says "same day external transfer" for me.

This is seriously messed up.
Same for me

That's what happened to me. I did a test transaction first to make sure my payee was setup correctly, and it appeared as FAST. But my next big transaction disappeared into the void, and appeared as "Same day external transfer". Called up Citi and was told it's automatically converted to GIRO and I need to wait for 3 working days.

So PSA: Don't transfer more than 50k in 1 transaction.
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Old 01-12-2019, 10:14 PM   #6701
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Anyone complaining to MAS?
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Old 01-12-2019, 10:15 PM   #6702
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That's what happened to me. I did a test transaction first to make sure my payee was setup correctly, and it appeared as FAST. But my next big transaction disappeared into the void, and appeared as "Same day external transfer". Called up Citi and was told it's automatically converted to GIRO and I need to wait for 3 working days.

So PSA: Don't transfer more than 50k in 1 transaction.
Citi fast only $50k max per txn. Thought Wont go through if u choose more than 50k under fast mode in internet banking..never try app
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Old 01-12-2019, 10:17 PM   #6703
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I do 2-3k u til hand pain but at not stuck
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Old 01-12-2019, 10:18 PM   #6704
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Finally withdrew $100k using small transactions. 12 am withdraw the remaining money out. Bye bye citibank!
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Old 01-12-2019, 10:19 PM   #6705
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After countless transfers of 1k, 2k, 3k. Finally transfered all 70k plus out
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