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- Time Deposit Promotion
Why Choose a Citibank Fixed Deposit Account?
Depending on your financial objectives and risk appetite, Citibank offers a wide range of preferential interest rates on your Time Deposit designed to meet your needs.
SGD Time Deposit Promotion1
Exclusive SGD Time Deposit rate for customers of Citigold Private Client and Citigold.
| Currency | New Funds Deposit Amount | 3 Months (p.a.) | 6 Months (p.a.) | 12 Months (p.a.) |
|---|---|---|---|---|
| SGD | S$50,000 to S$3,000,000 | 3.50% | 3.90% | 3.40% |
USD Time Deposit Promotion2
Exclusive USD Time Deposit rate for customers of Citigold Private Client and Citigold.
| Currency | New Funds Deposit Amount | 3 Months (p.a.) | 6 Months (p.a.) | 12 Months (p.a.) |
|---|---|---|---|---|
| USD | US$50,000 to US$3,000,000 | 4% | - | 4.70% |
SGD Time Deposit Investment Bundle Promotion3
Exclusive SGD Time Deposit Investment Bundle Promotion is yours to enjoy.
| Currency | Investment Amount | Investment Sales Charge | 2-Months (p.a.) |
|---|---|---|---|
| SGD | S$50,000 and above | 1% and above | 4.50% |
Foreign Currency Time Deposit Investment Bundle Promotion4
Exclusive Foreign Currency Time Deposit Investment Bundle Promotion is yours to enjoy.
| Currency | 3 months (p.a.) |
|---|---|
| USD | 5.50% |
Insurance Time Deposit Bundle5
Enjoy preferential 2-month SGD or USD Time Deposit rate of up to 16.00% p.a. when you purchase an eligible insurance plan.
| Regular Premium (Savings) Annualised Premium |
2-month SGD or USD Time Deposit interest rate (p.a.) |
|---|---|
| S$8,000 to < S$12,000 | 8.00% |
| S$12,000 to < S$18,000 | 10.00% |
| S$18,000 to < S$36,000 | 12.00% |
| S$36,000 to < S$50,000 | 15.00% |
| S$50,000 and above | 16.00% |
| Regular Premium (Protection) Annualised Premium |
2-month SGD or USD Time Deposit interest rate (p.a.) |
|---|---|
| S$3,000 to < S$4,000 | 8.00% |
| S$4,000 to < S$6,000 | 10.00% |
| S$6,000 to < S$10,000 | 12.00% |
| S$10,000 to < S$20,000 | 15.00% |
| S$20,000 & above | 16.00% |
| Single Premium (Savings) |
2-month SGD or USD Time Deposit interest rate (p.a.) |
|---|---|
| S$150,000 to < S$250,000 | 5.00% |
| S$250,000 to < S$500,000 | 6.00% |
| S$500,000 to < S$1,000,000 | 8.00% |
| S$1,000,000 & above | 10.00% |
| Single Premium (Protection) |
2-month SGD or USD Time Deposit interest rate (p.a.) |
|---|---|
| S$150,000 to < S$250,000 | 5.00% |
| S$250,000 to < S$500,000 | 6.00% |
| S$500,000 to < S$1,000,000 | 9.00% |
| S$1,000,000 & above | 12.00% |
Exclusive Singapore Dollar (SGD) 3-month Time Deposit Investment Bundle Promotion
Earn more on your SGD Time Deposits when you invest in Bonds, Structured Notes or Unit Trusts with us.
Citibank Foreign Currency August 2018 Promotion Terms and Conditions
- "Promotion" refers to the 'Citibank Foreign Currency August 2018' Promotion.
- "Promotion Period" ends on 31 August 2018, and is subject to change without notice. Citibanking, Citigold & Citigold Private Client customers are excluded.
Citibank Foreign Currency Time Deposit Promotion
- A minimum deposit equivalent to SGD 10,000 is required Maximum deposit amount is SGD 1 million equivalent per customer. This promotion is applicable for new funds. New funds refer to a deposit of funds: (a) from outside Citibank and (b) which is incremental to the average daily balance of deposits for the month before the placement of the time deposit. For placement with existing funds, foreign exchange conversion for the full deposit amount is required for all currencies. For foreign exchange conversion, the source of funds has to be in a different currency type and accordingly foreign exchange conversion is required for the full deposit amount. A linked Citibank Checking or Savings Account is required for placement of Time Deposits. All rates offered are promotional rates and are subject to change at the bank's discretion without prior notice. The rates quoted above are applicable within the Promotion Period and is subject to change without notice.
- For pre-termination of the time deposit, Citibank reserves the right to charge a penalty fee, which will be deducted from the withdrawn amount. This may result in you receiving less than the principal amount in the currency of deposit, and you earning lesser or no interest. Foreign currency investments are subject to rate fluctuations which may provide both opportunities and risks and you may experience a gain or loss when you convert foreign currency back to your home currency. You should therefore determine whether any foreign currency investment is suitable for you in light of your investment objectives, financial means and risk profile.
General
- This promotion is not applicable with any other promotion.
- "Citibank" means Citibank Singapore Limited.
- Citibank's decision on all matters relating to the Citibank Foreign Currency August 2018 Promotion will be final and binding. Citibank reserves the right at its absolute discretion to terminate this Promotion or vary, delete or add to any of these terms and conditions from time to time without notice.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For more information please refer to SDIC's website at www.sdic.org.sg.
Rates quoted are subject to change without notice.
As a Citibank banking customer, you can enjoy attractive interest rates and earn potentially higher returns in two simple ways:
Please call your Personal Banker or call our 24-Hour CitiPhone Hotline at +65 6225 5225.
- New to Citibank?
- Simply visit any of our branches to find out more about our rates!
- Click here to locate our branches!
Disclaimers:Disclaimers:
The products and services mentioned in this document are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey , Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. They are also not offered to individuals in Brazil and New Zealand. This document is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
1Click here for Citigold Private Client and Citigold SGD Time Deposit Promotion Terms and Condition
2Click here for Citigold Private Client and Citigold USD Time Deposit Promotion Terms and Condition
3Click here for SGD Time Deposit Investment Bundle Promotion Terms and Conditions
4Click here for Foreign Currency Time Deposit Investment Bundle Promotion Terms and Conditions.
5Click here for full terms and conditions of the Insurance Time Deposit Bundle Promotion.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For more information please refer to SDIC's website at www.sdic.org.sg.
An administrative fee or withdrawal charge may be imposed for termination of time deposits prior to maturity date. No pre-termination of the time deposit is allowed for CNH and ZAR currency.
Foreign currency investments are subject to rate fluctuations which may provide both opportunities and risks. You may experience a loss when you convert foreign currency back to your home currency. You should therefore determine whether any foreign currency investment is suitable for you in light of your investment objectives, financial means and risk profile.