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Citibank MaxiGain Savings Account


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Min. Deposit

Interest Rate
up to 2.44%

Review on Citibank MaxiGain Savings Account

Potentially high interest rate with incremental account balance
Monthly step-up bonus interest up to 1.20% p.a.
Hedge against rising interest rates
High $150,000 deposit limit for bonus interest

Step-up bonus interest to be reset in event of no incremental balance
Low 0.05% p.a. base interest rate


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Interest is accrued daily

Base Interest for the month will be paid on the last day of the month Bonus Interest for the month will be paid on the last day of the following month

Minimum initial deposit of $10,000


Interest Computation

Base Interest 1.24% p.a.
Bonus Interest (12 Step-ups) 1.20% p.a.
Total (Max. $150k) 2.44% p.a.

Earn up to 2.44% p.a. interest (70% of 1-month SIBOR + 1.2% Bonus Interest) on the first $150,000 in your account


How to Earn Base Interest

Base Interest Rate is calculated by taking 70% of the 1-month SIBOR (which is currently around 1.64%) and is applied on the first $150,000 in your account

Base Interest Rate of 0.05% p.a. shall apply to balances in your MaxiGain account in excess of $150,000

No base interest shall accrue on a day where the account balance for that day falls below $15,000 (To be revised to minimum daily end of day balance of at least $70,000 from 2 Jan 2019)

How to Earn Bonus Interest

Bonus Interest Rate steps up each month by 0.1% p.a. up to a maximum of 1.2% p.a. as long as the lowest balance in that month is equal to or greater than the lowest balance in the preceding month

If your lowest balance in the current month is lower than the lowest balance in the preceding month
+ Bonus Interest Rate resets to 0% p.a. if your current Bonus Interest Rate is 0.40% p.a. or lower
+ Bonus Interest Rate resets to 0.50% p.a. if your current Bonus Interest Rate is 1.20% p.a. or lower

Bonus interest capped at first $150,000 deposit


Click here to go to Citibank website for more details


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Reviews or Comments (2)

Ave. Rating:
4/5 (8)
Topic: Citibank MaxiGain Savings Account Review
Sort By
Apr 2018
Koi says...

Hidden gem with high interest rates

Oct 2017
First Poster
Timmy says...

One of the most underrated accounts in the market right now with a high $100k cap and natural hedge against rising interest rates.



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