Revision to the Money Market Account
With effect from 1 December 2020, please note that the following changes will apply to the Money Market Account:
|Prior to 1 December 2020||From 1 December 2020|
|Base Interest Rate||50% of daily 1 month Singapore Dollar Interbank Bid Rate||0.01% p.a. on the entire account balance|
|Minimum balance to earn base interest||S$30,000||No minimum balance|
There is no action required and the revised features will apply to the account automatically.
Find out more
Money Market Account
- Interest bearing savings account.
- Easy tracking of funds with separate monthly statement.
- Online banking - Pay Anyone online cheque payment service, direct transfer of funds between accounts, Electronic Statements.
For account opening, please visit our branches or call our 24-Hour CitiPhone Hotline at 6225-5225 for more information.
Locate the nearest branch here.
|Eligibility Criteria||Yes||Aged 16 and above|
|Checking facilities||No||Not available|
|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|
|International ATM card||Yes||Free international ATM Card with access to Citibank ATMs|
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 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, Isle of Man, the UK, Brazil, or 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.
Citibank full disclaimers, terms and conditions apply to individual products and banking.