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| Starts | 27 Jul 2024 (Sat) | Ends | 31 Aug 2024 (Sat) |
|---|---|---|---|
| Location | Citibank |
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Citibank Singapore has announced an increased interest rate of up to 2.65% per annum on its time deposits.
UPDATE 1 Sep: Citibank Singapore Sept 2024 Time Deposit Rates Offers 2.55% p.a. for 3 and 6-Month Terms till 30 Sep
Exciting Opportunities for Savers
This exclusive offer is available until 31 Aug 2024, aiming to attract both new and existing customers with fresh funds. It represents a strategic move by Citibank to solidify its position as a leading bank in Singapore’s competitive time deposit market.
Understanding Time Deposits
Time deposits are a type of savings account that locks in funds for a specific period, offering a fixed and guaranteed interest rate. Citibank provides a variety of tenors, allowing customers to select the most suitable term for their financial planning.
Promotional Details
Savers can benefit from a lucrative rate of 2.65% p.a. on deposits ranging from S$50,000 to S$3 million. This rate is applicable for both 3-month and 6-month tenors, catering specifically to new funds. The offer reflects an increase of 0.15% from previous rates, underscoring Citibank’s commitment to offering value to its clientele.
Promotion Breakdown
| Currency | New Funds Deposit Amount | 3 Months (p.a.) | 6 Months (p.a.) | 12 Months (p.a.) |
|---|---|---|---|---|
| SGD | S$50,000 to S$3 million | 2.65% | 2.65% | N/A |
Interested customers can contact Citiphone at +65 6225 5225, available daily from 8am to 8pm. It’s important to note that this promotion is not available through Citibank Online or the Citi Mobile App.
Further Information
For full details on the Citibank SGD Time Deposit Promotion, visit Citibank’s official website. Additionally, you can click here for direct access to the terms and conditions.
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