A Citigold
Tiered Savings Account


Do you want your money to grow faster and yet be easily accessible?

Take advantage of our new product - a Tiered Savings Account. This product retains all features of a regular savings account, such as:

  • unlimited access to your funds whenever you need them through Citibank Online, ATM and CitiPhone;
  • easy account management.

In addition, it has the following extra advantages:
  • progressive returns up to 7% p.a. in roubles and up to 1,5% p.a. in U.S. dollars depending on the account balance;
  • an opportunity of convenient saving by setting up a standing instruction.

The Citigold Tiered Savings Account is available for RUB or USD deposits.



Advanced Tiered Savings Account interest rates


Segment, RUB Interest rate
Segment, RUB Interest rate
0 — 2 500 000 0,01%
2 500 000 — 5 000 000 3%
5 000 000 — 10 000 000 3,5%
10 000 000 — 25 000 000 4%
25 000 000 — 50 000 000 4,5%
50 000 000 — 100 000 000 5%
100 000 000 — 200 000 000 6%
200 000 000 — 400 000 000 7%
> 400 000 000 0,01%


Illustration of interest calculation

Illustration of interest calculation
RUB account balance

Interest accrues daily based on the account balance. The account balance is divided into segments as shown in the table above. The accrued interest is transferred to the account on the last business day of each month. Interest will accrue based on a 365/366 day year.


Interest calculation example

Client deposit RUB 12 000 000 in the account.
For interest accrual purposes, this amount is split into segments as follows:

Segment 1: 2 500 000 (from 0 to 2 500 000, interest accrual basis — 2 500 000, interest rate 0,01% p.a.)
Segment 2: 2 500 000 (from 2 500 000 to 5 000 000, interest accrual basis — 2 500 000, interest rate 3% p.a.)
Segment 3: 5 000 000 (from 5 000 000 to 10 000 000, interest accrual basis — 5 000 000, interest rate 3,5% p.a.)
Segment 4: 2 000 000 (from 10 000 000 to 25 000 000, in this case, the balance of 12 000 000 after segmentation;
interest accrual basis — 2 000 000, interest rate 4% p.a.)


Citigold Tiered Savings Account interest rates:

Effective as of December 13, 2010

Rubles

Segment, RUB Interest rate
0 —50 000 1,75%
50 000 — 100 000  2%
100 000 — 150 000  2,25%
150 000 — 200 000  2,5%
200 000 — 500 000  2,75%
500 000 — 1 000 000  3%
1 000 000 — 2 000 000  3,25%
> 2 000 000  0,01%

Illustration of interest calculation

Illustration of interest calculation
RUB account balance

Interest accrues daily based on the account balance. The account balance is divided into segments as shown in the table above. The accrued interest is transferred to the account on the last business day of each month. Interest will accrue based on a 365/366 day year.

Interest calculation example

Client deposit RUB 165 000 in the account.
For interest accrual purposes, this amount is split into segments as follows:

Segment 1: 50 000 (from 0 to 50 000, interest accrual basis — 50 000, interest rate 1,75% p.a.)
Segment 2: 50 000 (from 50 000 to 100 000, interest accrual basis — 50 000, interest rate 2% p.a.)
Segment 3: 50 000 (from 100 000 to 150 000, interest accrual basis — 50 000, interest rate 2,25% p.a.)
Segment 4: 15 000 (from 150 000 to 200 000, in this case, the balance of 165 000 after segmentation;
interest accrual basis — 15 000, interest rate 2,5% p.a.)



USD

Segment, USD Interest rate
0 - 50 000  0,25%
50 000 - 250 000  0,50%
250 000 - 500 000  0,75%
500 000 - 1 000 000  1%
1 000 000 - 5 000 000  1,25%
> 5 000 000 1,5%

Illustration of interest calculation

Illustration of interest calculation
USD account balance

Interest accrues daily based on the account balance. The account balance is divided into segments as shown in the table above. The accrued interest is transferred to the account on the last business day of each month. Interest will accrue based on a 365/366 - day year.

Interest calculation example

Client deposit USD 570 000 in the account.
For interest accrual purposes, this amount is split into segments as follows:

Segment 1: 50 000 (from 0 to 50 000, interest accrual basis — 50 000, interest rate 0,25% p.a.)
Segment 2: 200 000 (from 50 000 to 250 000, interest accrual basis — 200 000, interest rate 0,5% p.a.)
Segment 3: 250 000 (from 250 000 to 500 000, interest accrual basis — 250 000, interest rate 0,75% p.a.)
Segment 4: 70 000 (from 500 000 to 1 000 000, in this case, the balance of 570 000 after segmentation; interest accrual basis — 70 000, interest rate 1% p.a.)



Online calculator

Account type: Advanced Tiered Savings Account
Tiered Savings Account
Please enter amount:    
Select month:

If you have any questions, call us on:
(495) 775-77-77 in Moscow,
(812) 336-38-38 in St.Petersburg,
(8 800) 200-91-91 for other cities in Russia
or contact your Citigold Relationship Manager.


Citibank may revise and change interest rates on Advanced Tiered Savings Accounts as provided in its Consumer Banking Terms and Conditions, at any time. The Customer may obtain information on Advanced Tiered Savings Accounts, including current interest rates, at Citibank branches, through Citibank Online or by calling CitiPhone on 775-75-75 in Moscow, 336-75-75 in St.Petersburg or 8 (800) 700-38-38 elsewhere in Russia, at any time.