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| Starts | 1 May 2024 (Wed) | Ends | 31 May 2024 (Fri) |
|---|---|---|---|
| Location | Citibank |
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Citibank Singapore has a new time deposit promotion, offering interest rates of up to 2.50% per annum.
UPDATE 1 JUNE: Citibank Singapore Continues Offering 2.50% p.a. with Latest June 2024 Fresh Funds Time Deposit Rates
This limited-time offer is available until 31 May 2024 and is designed to attract new funds, providing an excellent opportunity for savers to grow their investments.
Time deposits are a type of savings account where money is held for a fixed period, earning a guaranteed interest rate. Citibank’s time deposit accounts come with various tenors, allowing customers to select the term that best suits their savings goals.
With the new promotion, Citibank is offering one of the most competitive interest rates in the market. Customers can enjoy a rate of 2.50% p.a. for deposits ranging from S$50,000 to S$3 million. This rate applies to both 3-month and 6-month tenors, with the promotion specifically targeting new funds.
The promotional rates represent a decrease from last month’s high of 3.10%, reflecting the dynamic nature of the financial market.
Here are the promotional details:
| 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 | 2.50% | 2.50% | N/A |
Eligible customers interested in taking advantage of this offer can contact Citiphone at +65 6225 5225 between 8am and 8pm daily. It is important to note that this promotion is not available through Citibank Online or the Citi Mobile App.
For full terms and conditions of the Citibank SGD Time Deposit Promotion, please visit Citibank’s official website or click here for a direct link to the terms and conditions.
Looking for the best interest rates? Click here for a list of some of the best offers
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