| Starts | 1 Sep 2024 (Sun) | Ends | 30 Sep 2024 (Mon) |
|---|---|---|---|
| Location | Citibank |
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Citibank Singapore has announced new promotional interest rates for its time deposit accounts, now offering 2.55% per annum on 3-month and 6-month tenures.
This promotion is valid until 30 September 2024 and applies to deposits ranging from S$50,000 to S$3 million.
A time deposit account is a type of savings account that comes with a fixed term and a guaranteed interest rate. It is designed to help savers grow their wealth securely by earning a fixed return over a specific period. Citibank’s latest offer aims to attract new funds, with this new rate reflecting a 0.10% reduction compared to the previous promotion that offered 2.65% per annum.
Promotion Details
| Currency | New Funds Deposit Amount | 3-Month Rate (p.a.) | 6-Month Rate (p.a.) |
|---|---|---|---|
| SGD | S$50,000 to S$3 million | 2.55% | 2.55% |
The offer is tailored specifically for fresh funds, which means existing Citibank deposits or funds transferred from other Citibank accounts are not eligible. Interested parties can make inquiries by contacting Citiphone at +65 6225 5225, with service hours from 8 am to 8 pm daily. Notably, this offer is not accessible via Citibank Online or the Citi Mobile App, emphasising the importance of direct customer engagement for this promotion.
How to Apply
Prospective customers who wish to take advantage of this promotion should visit any Citibank branch in Singapore or call the hotline for further assistance. It’s advisable to act promptly, as the promotion is only available until 30 September 2024. For more detailed information, customers can visit the official Citibank website.
Terms and Conditions
For full terms and conditions, including eligibility criteria and other restrictions, customers can refer directly to the official document available here. It’s crucial to review these details to ensure compliance and understand all aspects of the offer.
Discover More Competitive Offers
Citibank’s offer comes amid a broader landscape of competitive deposit rates in Singapore. Those seeking to maximise their savings might also consider comparing this rate with other available options.
For a comprehensive overview of the best deposit rates in Singapore, click here to explore additional top-tier offers.
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