Citibank InterestPlus

Citibank InterestPlus

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Min Rate0.01%
Max Rate3.6%
Min Initial Deposit$2,000
Interest TiersBased on account balances and 4 category transactions (card spend, bills, insurance, investments, home loan instalments)
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How to maximise the interest rate for Citibank InterestPlus Savings Account?

Base interest rate(%) p.a.

The base interest rate per annum for Citibank InterestPlus savings account depends on the account balance.

  • The base interest is 0.01% for account balance below S$5,000
  • The base interest is 0.05% for account balance between S$5,000 to S$30,000
  • The base interest is 0.1% for account balance above S$30,000

Bonus Interest Rate(%) p.a

The bonus interest rate per annum for Citibank InterestPlus savings account comes with a few criteria:

  • Monthly spend on credit card
  • Salary Crediting
  • Investment or insurance
  • Home loan

Here are the minimum monthly spend required on credit card for bonus interest:

  • Card spend S$25 and above using 1 or more Citibank cards for bonus interest of 0.1%

Investment or insurance

  • Spends at least S$25,000 on a single insurance premium annually or S$250 monthly premium for 12 months to enjoy 1.2% bonus interest
  • Invest at least S$250 per month in a regular savings plan for 12 months or spend at least S$250,000 on Unit Trust to enjoy 1.2% bonus interest

Home Loan

  • Takes up a home loan of at least S$250,000 to enjoy 1% bonus interest.

Terms and fees for Citibank InterestPlus Savings Account

  • Initial deposit: S$2,000
  • Citizenship status: Singaporeans, PRs and foreigners
  • Minimum age to open account: 21
  • Minimum Average Daily Balance: S$5,000
  • Fall below fee: S$10
  • Early closure fee: None

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