Money Lobang

Citibank MaxiGain Savings Account

like-icon 5 people like this
Rating: 5.0/5.0 (2 Reviews)
Interest RateUp to 0.61%
Min. Deposit $0
Review on Citibank MaxiGain Savings Account
Pros

None

Cons

Takes a year for bonus interest to step up to maximum of 0.60% p.a.

Step-up bonus interest to be reset in event of no incremental balance

Low 0.01% p.a. base interest rate

Sponsored Links

   Effective interest rates from 6.50% p.a.
   Tenure of up to 7 years
  $88 cashback + $100 GrabFood vouchers

Up to 70% off storewide
$60 off first 4 orders with Promo Codes

Deposit Details Deposit Details

  Interest
Base Interest 0.01% p.a.
12 Step-ups Interest 0.60% p.a.
Total 0.61% p.a.

 

Earn up to 0.61% p.a. interest (0.01% + 0.6% Bonus Interest) on the first $70,000 in your account

Interest is accrued daily

A base interest rate of 0.01% p.a. will be paid on the entire account balance

There is no minimum balance required to earn base interest

Bonus Interest Rate steps up each month by 0.05% p.a. up to a maximum of 0.6% p.a. as long as the lowest balance in that month is equal to or greater than the lowest balance in the preceding month

If your lowest balance in the current month is lower than the lowest balance in the preceding month
+ Bonus Interest Rate resets to 0% p.a. if your current Bonus Interest Rate is 0.25% p.a. or lower
+ Bonus Interest Rate resets to 0.30% p.a. if your current Bonus Interest Rate is 0.60% p.a. or lower

Bonus interest capped at first $70,000 deposit

 

Click here to go to Citibank website for more details

 

Add Review (* Required information)
Rate:
*

*

Min 20 characters

captcha Reload Image

Verification Code *

2 Reviews
(Not all reviews shown on page. Search or Sort reviews to find review)
Rating:
5.0/5.0 (2)
5.0/5.0 (2)
Page: Citibank MaxiGain Savings Account Review
Search Reviews:
Sort By :
No data found