Citibank Step-Up Interest Account

Earn up to 5 times more interest compared to conventional current accounts, simply by topping up RM500 on your monthly average daily balance.

    • Goal-Saving account
    • Phone Banking Service
    • Free Cheque Book
    • Account Statement
    • No Introducer Required
  • Min. AmountMax. AmountInterest Rate
    RM1RM20000.5% p.a.
    RM8000no maximum2.3% p.a.


What would make it different?

Online Banking
Citibank Online
Mobile App
PIDM Protected

Fees & Charges

There are always fees but how much are they?

Service Fee
  • RM10.00
  • Waived with monthly average balance of RM2000
  • MEPS Withdrawal Fee
    Early Closure Fee
    Dishonoured Cheque Fee
    Stop Payment Cheque Fee


    Are you eligible for this account?

  • Malaysians
  • Minimum Age
    18 years old
    Minimum Initial Deposit

    Frequently Asked Questions about Citibank Step-Up Interest Account

    Things you might want to know

    What is Citibank Step-Up Interest Account about?

    Citibank Step-Up Interest Account is an interest-bearing current account that is ideal for savings purpose as you can yield a high interest every month when you keep a steady habit of depositing money into this current account every month.

    How does the step-up interest work?

    You can step up your current account's interest rate to maximum 2.30% p.a. by summing up your Base Interest (basic interest rewarded every month) and Bonus Interest (reward interest for savings increment). 

    Generally, you will receive a Base Interest of 0.50% p.a. on your first deposit, which is a minimum of RM2,000. Then, there is a Bonus Interest of 0.15% p.a. every month calculated on your balance, on top of your Base Rate, when you make a savings increment of RM500 from the previous month.

    If your average balance short of RM500 from the balance of the previous month, or not increasing in the upcoming month, your savings effort will not go down the drain as there is a 'Safety Net' feature built in to help you continue enjoying growing interest.

    When can I earn the returns from step-up interest?

    You can harvest the fruit of your savings discipline every month as the interests (Base Interest and Bonus Interest) are calculated daily on your average balance. Isn't that great to experience wealth abundance (besides your salary) at the end of every month?

    What do I get upon opening of this Citibank current account?

    There are more than meet the eyes with Citibank Step-Up Interest Account, such as:

    • Citibank Debit  & ATM card and a personalized cheque book will be issued to you within 3 days after successful account opening
    • Convenience of cross-border fund transfers and account overview via Citibank Global Transfer and Online Global View
    • Emergency cash withdrawal up to US$10,000 at any Citibank branches worldwide
    • Access to over 20,000 Citibank ATM worldwide, 11,000 MEPS ATMs nationwide
    • Free Interbank GIRO fund transfer which otherwise could cost you RM0.11...and many more!

    Is it safe to keep my money in this current account?

    Absolutely. You can rest assured that your deposit with Citibank Step-Up Interest Account is guaranteed up to RM250,000 by Perbadanan Insurans Deposit Malaysia.

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