What is MaxiSave Account?
The MaxiSave Account is an Interest-bearing checking account that offers checking convenience with 0.01% p.a. interest. Interests are credited every month. It also provides the first checkbook upon account opening for free.
Revision to the MaxiSave Account
With effect from 1 December 2020, please note that the following change will apply to the MaxiSave Account:
|Prior to 1 December 2020||From 1 December 2020|
|Base Interest Rate||First S$5,000 - 0.01% p.a.
Next S$25,000 – 0.05% p.a.
Above S$30,000 - 0.10% p.a.
|0.01% p.a. on the entire account balance|
There is no action required and the revised interest rate will apply to the account automatically.
Benefits of MaxiSave Account
- Savings interest rates.
- Debit card with point-of-sale debit payment.
Find out more
Eligibility Criteria to Apply for a MaxiSave Account.
|Eligibility Criteria||Yes||Individuals aged 18 years old and above
Individuals between 16 and 18 years old as secondary account holder
Features of MaxiSave Account.
|Interest Earning||Yes||Interest is accrued daily and credited monthly|
|Online Banking||Yes||Pay Anyone online cheque payment service, direct transfer of funds between accounts|
|Phone Banking||Yes||CitiPhone Banking and Automated Voice Response|
|Citibank Debit Card||Yes||Free Citibank Debit Card with access to Citibank ATMs as well as merchants worldwide|
Terms & Conditions:Terms & Conditions:
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.
The promotions, products and services mentioned in the referenced 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. The referenced document is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the promotions, products and services mentioned therein to such individuals.
Citibank full disclaimers, terms and conditions apply to individual products and banking.