Citibank Term Deposit and Investment offer $250,000+
This term deposit and investment offer is for eligible wholesale investors with a deposit of at least $250,000. By splitting your deposit between the term deposit and eligible investment products with Citibank, you’ll receive a competitive interest rate of 2.88% p.a. on your term deposit balance for a three month term.
Strict eligibility criteria apply for this product. Read on to learn the eligibility criteria and the features of this account.
Up to 2.88% p.a.
3 months interest rate
Minimum opening deposit
Account keeping fee
|Product Name||Citibank Term Deposit 250K (Wholesale investors)|
|3 month interest rate||2.88%|
|Minimum Opening Deposit||$250,000|
|Minimum Age Requirement||18|
|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.|
Eligible wholesale investors only
Citibank Term Deposit and Investment offer $250,000+ is available for eligible wholesale investors only. A wholesale investor needs to have a gross income of at least $250,000 annually for the previous two years or net assets of at least $2.5 million. An accountant must verify that you meet this criteria. If you're looking to deposit less than $250,000, or you do not meet the criteria of a wholesale investor, Citibank's standard term deposit product may be more appropriate for you.
Deposit split between term deposit and investments
You need a deposit of at least $250,000 to apply for this offer, with at least half of your total outlay in eligible investment products. Eligible investment products include structured products, managed funds and bonds. These investment products are not guaranteed and are subject to investment risk.
Earn a competitive 2.88% p.a. on your term deposit balance
By splitting your balance between the term deposit and eligible investment products, you'll earn a highly competitive interest rate of 2.88% p.a. on the funds in your term deposit for three months.
Minimum balance of $250,000
This account is only available to customers who have a minimum of $250,000 to invest. If you have a smaller deposit, you may like to consider an alternative term deposit product.
31 days' notice required for withdrawals
You will need to give 31 days' notice if you wish to access your funds.
No account-keeping fees
There are no set-up or account-keeping fees on the term deposit, but fees may apply to the investment products.