Citibank is one of the top banks across the world. It offers great financial solutions that are designed to meet the changing needs and demands of the customers. The Citibank Interest Plus Savings Account is a unique savings account that allows you insure, invest and spend. You can also avail great privileges with this particular account.
Features and Benefits of Citibank Interest Plus Savings Account:
There are several benefits and features of Citibank Interest Plus Savings Account. They are as follows:
- You can earn bonus interest of 1.2% per annum when you choose to insure your loved ones. You may go for monthly premiums for a period of 12 months. Every month you will have to pay an amount of S$250 as premium. You can also go for a single premium which would cost you S$25,000.
- When you spend using your Citibank credit card, you can earn bonus interest of 0.1% per annum. All you have to do is spend a minimum of S$25 using your credit card.
- Investing can also earn you bonus interest of 1.2% per annum. You may choose to invest an amount of S$25,000 in Unit Trusts or invest S$250 on a monthly basis for a period of 12 months in any savings plan.
- Enjoy checking facilities with this account. The personalized checkbooks that you have are replenished automatically. The check images are printed on the monthly statements so that you can monitor your funds easily.
- You can choose to transfer your funds online anytime you like as per your convenience.
- Enjoy the phone banking service offered by Citibank.
- With the international ATM Card, you can avail access to more than 1.4million ATMs globally.
Bonus interest payout:
- The bonus interest that you earn is paid over a period of 12 months for insurance and investment.
- Whenever you spend a minimum amount of S$25,, you are entitled to earn bonus interest.
- You can earn bonus interest when you have S$50,000 for the first time in your account.
- The bonus interest is paid along with your base interest that you get.
- Any individual above the age of 18 years can apply for the Citibank Interest Plus Savings Account.
- The minimum initial deposit that must be made to open an account is S$2,000.
- This account is available for both Singaporeans and foreigners.