Best priority banking?

[owenowenno]

Can share a bit more on this Citibank priority aquisition?

this Maxigain account has $50 penalty for early closure less than 6 months
Welcome reward of $500 is deposited earliest 4 months after account opening
So EIR is 80% of 1M Sibor + progressive count of 0.1% each successive month

Also terminal withdrawal need to be stepdown to 15k at last month to qualify to get crediting of interest from preceding month
Do not mistake to withdraw Entire sum in 1 transaction

also once the monthly balance is lower preceding month, count is reset to ? 0.1% or 0.6% depending duration of months with Citi

So
Prob approx EiR 1.64+% for 6 months deposit

 

[sgdividends]

I counted 2.8% annualise because 500 cashback for 3 months for 100k.

500 - 2% pa annualised.

In addition , u still earn maxigaim base at 80% of 1 month sibor plus bonus interest of 0.1 counter step up .

To be exact, it's 2.74% pa annualised for first 3 months.

Base=
80% of current 1 month sibor 0.80% = 0.64%

Bonus =
0.1% counter .

0.74% + 2%= 2.74%.

You can juice even more as if u refer your wife or friend, additional 100 bucks per referral.

Need keep 15000 at 4 months and keep account open for 6 months...That is correct..I didn't consider the returns on 15000 for 3 months.

Anyway, it's the best in the market la...confirm

 

[Nanonited]

I counted 2.8% annualise because 500 cashback for 3 months for 100k.

500 - 2% pa annualised.

In addition , u still earn maxigaim base at 80% of 1 month sibor plus bonus interest of 0.1 counter step up .

To be exact, it's 2.74% pa annualised for first 3 months.

Base=
80% of current 1 month sibor 0.80% = 0.64%

Bonus =
0.1% counter .

0.74% + 2%= 2.74%.

You can juice even more as if u refer your wife or friend, additional 100 bucks per referral.

Need keep 15000 at 4 months and keep account open for 6 months...That is correct..I didn't consider the returns on 15000 for 3 months.

Anyway, it's the best in the market la...confirm

I just opened a maxigain acct 1 week ago didn't know got this promotion. Wonder if they will let me qualify for it

 

[sgdividends]

I just opened a maxigain acct 1 week ago didn't know got this promotion. Wonder if they will let me qualify for it

Don't think can..Roadshow then have

But u can try as anything can happen

 

[ahboy82]

The dbs treasures lounge at taka can do wat ah? Read newspaper??