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Citibank 3mnth HK$ depo

  1. #1

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    Citibank 3mnth HK$ depo

    Quick FYI, Citi Gold are offering 1.98% on hk$ 3 mnth depos, beats HSBC's offering at 1.35%.

    Thought this was rather a good deal.

    shri, pin and bdw like this.

  2. #2

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    Quote Originally Posted by Cwbguy
    Quick FYI, Citi Gold are offering 1.98% on hk$ 3 mnth depos, beats HSBC's offering at 1.35%.

    Thought this was rather a good deal.
    Is there a minimum amount on this (apart from being Citigold)? Also is this one of those things where they force you to go in to the bank?

  3. #3

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    Quote Originally Posted by pin
    Is there a minimum amount on this (apart from being Citigold)? Also is this one of those things where they force you to go in to the bank?
    I didn't ask minimum.

    I went to branch yesterday to transfer funds to HSBC, as Citi was offering .0something pathetic, for their best rate of 1.38% when was informed I could get 1.98% with C.

    I was called an hour later by my "relationship manager" who placed the depo over the phone.
    pin likes this.

  4. #4

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    Quote Originally Posted by Cwbguy
    I didn't ask minimum.

    I went to branch yesterday to transfer funds to HSBC, as Citi was offering .0something pathetic, for their best rate of 1.38% when was informed I could get 1.98% with C.

    I was called an hour later by my "relationship manager" who placed the depo over the phone.
    Thanks for that. I can't seem to find the rate with HSBC online. The rate showing online is something like 0.0000000000000000003%. I presume the HSBC rate is also for new funds.

  5. #5

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    Quote Originally Posted by pin
    Thanks for that. I can't seem to find the rate with HSBC online. The rate showing online is something like 0.0000000000000000003%. I presume the HSBC rate is also for new funds.
    if you have Premier, call your relationship manager and ask.It was not for new funds

    I was sent an email a few weeks ago, and thought 1.38% was really good!

    Citi wanted to keep the rate secret until I went in and asked to move funds

  6. #6

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    year end window dressing and you see most banks offer some sweetener for clients...
    if you want published rate, DBS did printed something on their main page that's decent..

    but i am sure guys like boc or ccb or icbc have better stuffs ...


  7. #7

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    Quote Originally Posted by Cwbguy
    Quick FYI, Citi Gold are offering 1.98% on hk$ 3 mnth depos, beats HSBC's offering at 1.35%.

    Thought this was rather a good deal.
    I tried on my HSBC online and was offered 0.35% for 3m HKD fixed time deposit!

  8. #8

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    Quote Originally Posted by Cwbguy
    if you have Premier, call your relationship manager and ask.It was not for new funds

    I was sent an email a few weeks ago, and thought 1.38% was really good!

    Citi wanted to keep the rate secret until I went in and asked to move funds
    Thanks, useful to know.
    @TheBrit - based on this seems you need to make a phone call to your RM rather than logging in online.

  9. #9

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    I see SCB are offering 1.70% for 3 months (new funds only):

    https://www.sc.com/hk/deposits/hot-t...interest-rate/


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    Off topic: Interactive Brokers gives interest for cash positions. 1.7% for USD

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