citi is 1.5% but only after counter 12 and assuming sibor does not drop. and cimb fastsaver you can withdraw any amount while citi you cannot withdraw more than the interest or else counter will drop

There is no maximum limit for both accounts, if you read the maybank isavvy thread, there is people with 1M using this method. But daily fast transaction max is $200K so if you have alot you need either do a couple of days or using cashier order. Minimum is $500. Every 2/4 months they have different promotion rates check the maybank isavvy page. Interest is in monthly.

I opened this account less than 6 months ago.
Due to the change in interest rates, I would like to close this account now.
If I withdraw all my funds before closing the account, how do they charge the early closure fee of $50?

"With effect from 2 December 2019, the base interest rate for the Citi MaxiGain Savings Account will be revised to 50% of the 1-month Singapore Dollar Interbank Offer Rate (1-month SIBOR). The bonus interest rate will also be revised to step up monthly from 0.05% p.a. to a maximum of 0.60% p.a."

I think the wordings are quite clear ...

Anyways, too late already ... I forgo potential 2.4% for a guaranteed 2.1%

"With effect from 2 December 2019, the base interest rate for the Citi MaxiGain Savings Account will be revised to 50% of the 1-month Singapore Dollar Interbank Offer Rate (1-month SIBOR). The bonus interest rate will also be revised to step up monthly from 0.05% p.a. to a maximum of 0.60% p.a."

I think the wordings are quite clear ...

Anyways, too late already ... I forgo potential 2.4% for a guaranteed 2.1%

I even asked explicitly if the interest paid at the end of Dec is based on 70% SIBOR and bonus counter of 1.2%, response is yes and that the 50% and 0.6% starts from Jan 2020.

I even asked explicitly if the interest paid at the end of Dec is based on 70% SIBOR and bonus counter of 1.2%, response is yes and that the 50% and 0.6% starts from Jan 2020.

base interest is accrued daily, so im expecting Dec base interest to be 50% of SIBOR. bonus step up interest is the one which i have no clue, since we are working on the balance during Nov.

anyways i think the CSO cannot be trusted, maybe you should record the conversation and use it to claim next time (if it turns our we are right and CSO is wrong).

base interest is accrued daily, so im expecting Dec base interest to be 50% of SIBOR. bonus step up interest is the one which i have no clue, since we are working on the balance during Nov.

anyways i think the CSO cannot be trusted, maybe you should record the conversation and use it to claim next time (if it turns our we are right and CSO is wrong).

"With effect from 2 December 2019, the base interest rate for the Citi MaxiGain Savings Account will be revised to 50% of the 1-month Singapore Dollar Interbank Offer Rate (1-month SIBOR). The bonus interest rate will also be revised to step up monthly from 0.05% p.a. to a maximum of 0.60% p.a."

I think the wordings are quite clear ...

Anyways, too late already ... I forgo potential 2.4% for a guaranteed 2.1%

I transferred mine to multiplier since got 100k limit if hit 4 categories. Just buy the cancercare insurance at 7.50 per month after discount code to meet insurance category, and buy $500 SSB for 6 months to meet investment category every month. The rest of the money I go invest

It is a saving account at 2.1 this month , you can withdraw any time and still get interest. Flexible. Fixed deposit you cannot withdraw while MaxiGain you withdraw more than interest will cause counter to drop. Of course if you says stocks etc has higher interest rates but come with higher risk

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