Last Call: Get Bonus S$1,000 + up to 3.25% p.a. Time Deposit Rate With Citigold Promo

For those who have been looking at starting a Citigold relationship, this is a deal worth taking up. On top of a preferential time deposit rate, you also get sign-up rewards as well as the other perks and benefits of Citigold.

As interest rates dip, this could possibly be the last time we see this level of rewards and interest rates.

Promo Details

To qualify, sign up as a new Citigold customer and deposit S$250,000 within 3 months of account opening. A new customer for this promo is defined as someone who does not have a banking account with Citibank for the last 13 calendar months.

Make sure to fill up the SingSaver Rewards Redemption Form (found in your email) to choose your preferred gift. Funds need to be maintained until gift fulfilment.

According to the terms and conditions:

Month of Account Opening	Deposit min. S$250,000 AUM in fresh funds
October 2024	By 31st December 2024
November 2024	By 31st January 2025
December 2024	By 28th February 2025

Month of Account Opening	Verification of Criteria	Fulfilment Period
October 2024	By 31st January 2024	By 28th February 2025
November 2024	By 28th February 2024	By 31st March 2025
December 2024	By 31st March 2025	By 30th April 2025

Sign-up Goodies

The sign-up rewards are made up of gifts from SingSaver and Citibank:

SingSaver Gifts	Citibank Gifts
S$800 (or choice of gift)	S$100 cash for completing Investment Risk Profile and Fact Find S$100 if you hold an eligible Citi Credit Card (sign up here if you don’t already have one) S$500 if you take up an eligible Citi Home Loan Preferential Time Deposit rates

Aside from the home loan, the rest should be easily achievable, which means you can get S$800 from SingSaver and S$200 from Citibank.

You also get preferential rates for their time deposit. This should be arranged through the Relationship Manager assigned to you after you sign up above.

Tenure	Rates	Approx. Interest Amount
3-month	3.25% p.a.	$2,031
6-month	3.10% p.a.	$3,875

Decent rates considering falling interest

These are decent rates given how interest rates have been steadily declining over the past months. Things seem set to dip further, so locking in a 3 or 6-month rate may not be that bad an idea especially since you get bonus rewards to go with it.

Of course, there are also other perks and benefits of being a Citigold client as I’ve described in my older post.

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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.

He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.

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