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| Starts | 1 Jul 2023 (Sat) | Ends | 31 Jul 2023 (Mon) |
|---|---|---|---|
| Location | Citibank |
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SGD Time Deposit Promotion
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 funds only.
Time Deposit (Fixed Deposit) Rates as of 1 July
| Currency | New Funds Deposit Amount | 3 Months (p.a.) | 6 Months (p.a.) | 12 Months (p.a.) |
|---|---|---|---|---|
| SGD | S$50,000 to < S$250,000 | 3.48% | 3.38% | – |
| S$250,000 to S$3 million | 3.68% | 3.48% | – |
Rates quoted are subject to change without notice. “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.
Click here for SGD Time Deposit 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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