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Starts | 1 Feb 2024 (Thu) | Ends | 9 Feb 2024 (Fri) |
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Location | Citibank |
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SGD Time Deposit Promotion
Update 10 Feb: Citibank S’pore offering up to 3.40% p.a. with the latest time fixed deposit promo till 29 Feb 2024
A time deposit account is an account that has a fixed term and interest rate. You can open such an account to enhance your savings, as it lets you earn a fixed interest rate on your savings based on the tenor you have selected. You can withdraw your funds at the completion of the term period, or you can choose to renew the time deposit.
Citibank offers different types of fixed deposit accounts that you can select according to your needs.
New (Fresh) funds only. “New Funds” means a deposit of funds: (a) from outside Citibank and (b) which is incremental to the average daily balance of checking, savings and deposit accounts for the month before the placement of the time deposit. Any transfer of funds between Citibank account(s) would not be considered as New Funds.
Time Deposit (Fixed Deposit) Rates (as of 1 Feb)
Currency | New Funds Deposit Amount | 3 Months (p.a.) | 6 Months (p.a.) | 12 Months (p.a.) |
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SGD | S$50,000 to S$3 million | 3.50% | 3.20% | – |
Rates quoted are subject to change without notice.
Click here for Citibank SGD Time Deposit Promotion Terms and Conditions
For more info, click here.
Looking for some fixed deposit options? Check out some of the best deposit rates here.
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