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| Starts | 1 Apr 2024 (Mon) | Ends | 17 Apr 2024 (Wed) |
|---|---|---|---|
| Location | Citibank |
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Citibank Singapore Unveils Lucrative Fixed Deposit Scheme
Update 18 Apr: Citibank Singapore Offers Up to 3.10% p.a. Time Deposit Promotion until 30 April 2024
In a bid to attract savers looking for secure and profitable savings avenues, Citibank Singapore has announced a new fixed deposit promotion, offering an attractive interest rate of up to 3.30% per annum. This limited-time offer is available until the 30th of April, 2024, catering to customers who wish to lock in their savings for a fixed term.
Fixed deposit accounts are traditionally favoured for their stability and guaranteed returns, and Citibank’s latest promotion is set to enhance the value proposition for new and existing customers alike. The bank offers a variety of fixed deposit accounts, allowing customers to select the one that best suits their financial goals.
Exclusive Promotion for Fresh Funds. Citibank emphasizes that this promotion is exclusively for new funds, which refers to money deposited from sources outside of Citibank and represents an increase over the average daily balance of checking, savings, and deposit accounts from the previous month. Transfers between Citibank accounts do not qualify as new funds under this promotion.
Competitive Time Deposit Rates Effective from 1st April
| 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 | 3.30% | 3% | – |
The rates mentioned are subject to change, but as of the 1st of April, Citibank is offering a 3.30% interest rate for a 3-month term on deposits ranging from S$50,000 to S$3 million. The bank also offers a 3% interest rate for a 6-month term, with the rates applicable for new funds only.
For detailed terms and conditions of the Citibank SGD Time Deposit Promotion, interested individuals can visitthe official Citibank website. Additional information and guidance on fixed deposit accounts are also available here.
Those in search of competitive fixed deposit rates in Singapore may consider exploring Citibank’s latest offering as a potential option to maximize their savings growth.
me of the best deposit rates here.
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