I din know citigold is an account with account number? Citigold is a status from what I understand. I am a citigold customer, but my account is Citi first wealth account.
I see, thank you for the info
sorry I am new to this
Actually if u happen to open a fixed deposit with $15k or above at 3.8%, the TRB is considered met so u dun have to deposit another $15k just to avoid the $15.
yes, this is also what the RM informed me, but then the FD only for 3 months, so upon maturity if you plan to put it somewhere else, there will 3 months maintenance fee x 15$ which is 45$ or you can close and pay 50$
$15K only ?
In comparison to RHB, this would have felt excruciating
xfer money using fast and doing fd with the branch folks calling me and taking instructions on phone .. Took a total of 40 mins may be overall i would guess
Absolutely .... But not going to the branch is a reasonable relief under the circumstances
| TENURE | PROMOTIONAL RATE | PRIORITY BANKING PREFERENTIAL RATE | PRIORITY PRIVATE BANKING PREFERENTIAL RATE |
|---|---|---|---|
| 6M | 3.20% p.a. | 3.30% p.a. | 3.40% p.a. |
I want to close my acct
Because of?
Need fresh funds for promotional rates. Existing funds maturing soon so wanna close the account.
Oh ok. Ya. My 3.9% 6 months maturing this month and yes you r right, close and move on. They r interested in new fund only.
Same here my 3.9% also maturing this month, no point keeping $15K in account.
One can always divert one’s funds to invest safely in the US market for their high FD rates with high deposit insurance of up to US$250k. The only risk involved is the exchange rate which at the right time may also be in your favour.
Foreign currency FD always have this issue so the exchange rate at the time you convert to and fro is crucial. I learnt my lesson with MYR FD years ago. So ppl want to play USD FD take note, unless you don't want to convert back to SGD it is ok but if you intend to convert back see your luck so please factor this unknown in your plan when you decide to go for non-SGD FD
