For only a week until the end of May, open a Citigold account and get upsized rewards from SingSaver which can be stacked with Citibank’s welcome cash bonuses!
iPad Air + S$200 cash
Apply for Citigold with the link below as a new Citibank account customer before end of 31st May 2022, deposit S$250,000 of fresh funds in Citi Wealth First Account, and get S$200 on top of a the latest iPad Air (64GB WiFI model worth S$879). To clarify, you would qualify even if you have a Citi credit card (in fact you get a bonus reward for being a Citi cardholder; see details below).
Citigold Premier Banking
New to Citi bank accounts
- Apple iPad Air Gen 5 (worth S$879) or
- S$700 MBS vouchers
Terms and conditions apply.
- Receive up to S$6,976 cash when you sign up by 8th June 2022 and make a min. deposit of S$250,000 in Assets Under Management by 31 August 2022.
Terms and conditions apply.
Until 30th June 2022
Get personalised wealth management, a dedicated Relationship Manager, and other lifestyle and banking privileges.
“New to Bank” refers to a Citi Customer who fulfills the following criteria:
- is not a U.S. Person;
- is at least the age of 18 during the Enrolment Month;
- does not have a primary Banking Account or primary relationship in each of the last thirteen (13) calendar months before the Enrolment Month;
- does not have any AUM in each of the last thirteen (13) calendar months before the Enrolment Month; and
- opens a primary sole Banking Account or a primary joint Banking Account with a person who does not have any Banking Account/ relationship with Citi.
More cash bonuses from Citibank
Citibank also offers a laundry list of tasks you can complete for additional reward amounts.
Some are easier than others with no purchase necessary:
|Deposit S$250,000 fresh funds||S$400||You need to do this to qualify for SingSaver’s promo anyway|
|Holds a valid primary/main card of any Citi Credit Card||S$300||If you don’t already one, current promo is really good|
|Successfully opens banking account via online account opening form||S$100||Using the above sign-up link counts as online|
|Successfully completes a goal setting session on Total Wealth Advisor with your Relationship Manager and/or Investment Specialist by end of the Welcome Period|
|I imagine this would be done in their swanky Citi Wealth Hub|
|Successfully completes a Fact Find Report with your Relationship Manager and/or Insurance Specialist by end of the Welcome Period||S$50||Possibly done over Zoom too…|
That’s an additional S$900 of cash bonuses that is easily obtained.
Citi Wealth First Account
The funds will be placed in Citi Wealth First Account which gives interest up to 2.8% p.a. depending on the requirements fulfilled. Aside from Spend and Save categories which give you 0.2% p.a. each, the other three categories of Invest, Insure, and Borrow give 0.8% p.a. each and require product purchases from the bank.
Interaction with Citi Prestige Card
As a Citigold member, your Citi Prestige card would also enjoy enhanced earn rates:
|Tenure with Citibank Singapore Limited||0-5 years||6-10 years||>10 years|
|Additional miles with Citigold relationship||+0.06 mpd||+0.08 mpd||+0.12 mpd|
|Total Earn Rate||1.36 mpd||1.38 mpd||1.42 mpd|
It’s not much, but it’s a small boost nonetheless. The additional points are given at the end of each membership year.
In total, you can get up to a total of $1,100 without any purchase of products required, and have a new tablet on top of the cash rewards. It’s a pretty nice deal if you happen to have S$250,000 lying around.
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