Citigold Time Deposit

Enjoy premium interest rates and free reign to your own savings. All while being an exclusive CitiGold Premier Banking member!

Citigold Time DepositExclusive Privileges
Min. Deposit
RM400,000
Auto-renewal
Yes
Daily Interest
No
Early Withdrawal
Yes
Type
Conventional

Fixed Deposit Calculator

Interest Rate

What you earn based on the amount that you have in your account

You DepositDeposit PeriodEffective Interest Rate
min. RM400,0001 to 5 months2.1% p.a.
min. RM400,0006 to 8 months2.25% p.a.
min. RM400,0009 months2.3% p.a.
min. RM400,00010 months2.25% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate
    Additional Statement Request
    RM5 per document

    Requirements

    Minimum Age
    • 18 years old

    More Information

    What is special about it?

    Well unlike most fixed deposit accounts, this one gives you a one-way ticket to becoming a Citigold premier banking member. Along with getting a great interest rate on your deposit you get to have some awesome banking benefits.

    To become a member, you are required to have a minimum of RM400,000 or more in either deposits or investments with Citibank. With that you are now eligible to enter a new world of banking that offers you more.

    What do I get out of a Citigold membership?

    First off you will have access to some world class banking products, besides the unit trust and long term investment products. You also get a selection of liquid assets that allow you to grow your funds without having to lock them up, making them inaccessible.

    Take your pick of either the Citibank Max Yield Account or the Premium Checking Account, or if you wanted, just take both. As they both offer you high interest rates, personalized Cheque books and the opportunity to make withdrawals in multiples of up to RM10,000 whenever you need to.

    Even so, with the Citigold Time Deposit, you will still be able to make withdrawals but in multiples of RM5,000. Not to worry, your remaining balance will continue to generate interest whatever the amount.

    Is this a renewable investment?

    Yes of course it is. When you are approaching the end of your tenure, unless you have indicated or instructed for your funds to be withdrawn, the account will be renewed following the same terms as when you signed up.

    What about charges?

    There are a couple fees and charges that come with any kind of banking agreement. Apart from stamp duty and a statement request, you will need to pay attention to the monthly service fee. If there is a case where your deposit falls under RM200,000 there will be a monthly service charge of RM84.80 (inclusive of 6%GST) imposed. So remember to keep your balance above that amount to avoid the fee all together.

    What about insurance benefits?

    When you are a Citigold member you will have exclusive rates and access to a slew of insurance products that offer you coverage for your family to your car.

    From the Citibank SmartDrive to Home Protection Plans, all the products available to a regular Citibank customer is available to you. Only better, with better interest rates, more rebates and wide protection coverage.

    Citigold Lifestyle

    Enjoy the luxury that comes with being a Citigold member. Being a global banking member means you have privileges to the latest deals from exclusive international merchants and brands.

    If you’re worried about the vast responsibility that comes with being a high flyer, don’t be. You will have a team dedicated to the management and growth of your wealth. They will comprise of specialists in investment banking, insurance, mortgage, and business banking.

    So say yes to Citigold and enter a world of greater possibilities