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Citibank Term Deposit 250K

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Earn 1.7% p.a. when you invest more than $250,000 for 3 or 6 months.

This Citibank term deposit is suited to customers with large balances over $250,000. The term deposit offers a fixed interest rate of 1.7% p.a. for a period of 3 or 6 months, offering guaranteed and predictable returns on your funds.

Up to 1.7% p.a.

Interest rate

3 months interest rate

$250,000

Minimum opening deposit

$0

Account keeping fee

$2,000,000

Maximum deposit

Details

Product NameCitibank Term Deposit 250K
3 month interest rate1.70%
6 month interest rate1.70%
Minimum Opening Deposit$250,000
Minimum Age Requirement18
The rates displayed above are interest rates paid at maturity only. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.

Key features

Fixed interest rate of 1.7% p.a. for 3 or 6 months

This term deposit offers a fixed interest rate of 1.7% p.a. on 3 or 6 month terms only. There are no other term lengths available.

Balances over $250,000

You must have a minimum investment of $250,000 to open this term deposit. The maximum balance for this account is $2 million.


How to apply

To open this account, you must first open a Citi Global Currency Account in your name. Once you've done this, make sure you meet the eligibility criteria for this term deposit before applying.

Eligibility

You will need to meet the following criteria if you want to apply for a Citibank Term Deposit:

  • 18 years or older. You must be at least 18 years of age to apply for this account.
  • Australian residents only. You must be an Australian resident if you want to open this term deposit.

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2 Comments

  1. Default Gravatar
    David
    May 16, 2019

    I have $250k in SMSF to invest in a term deposit. What are the best rates available for 3, 6, 9, 12 and 5 years terms?

    • Default Gravatar
      Nikki
      May 17, 2019

      Hi David,

      Thanks for getting in touch with Finder! Please see below the page dedicated for the following term deposit periods requested:

      3 months
      6 months
      9 months
      12 months

      As a friendly reminder, review the eligibility criteria of the account before applying and read up on the terms and condition. Feel free to reach out to the bank if you need any clarifications. Hope this was helpful. Don’t hesitate to message us back if you have more questions.

      With care,
      Nikki

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