Citigold Singapore Review: Is Citigold priority banking worth it?

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If you're seeking a personalised and premium banking experience with global reach, Citigold is an option to consider.

Citigold is Citi's premium banking service for high net worth individuals. 

It requires a minimum balance of S$250K to enjoy benefits like up to 7.51% p.a. interest on savings, dedicated relationship manager, global wealth services, preferential rates and exclusive tools.

Let’s explore what Citigold has to offer and how it could support your long-term financial goals.

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What is Citigold?

Citigold is Citi's premium banking service aimed at high net worth clients looking to grow their wealth more actively.

With a minimum total relationship balance of S$250K required to qualify, Citigold offers a suite of personalised services and exclusive rates to help accelerate your financial plans.

Here are some highlights of being a Citigold member:

• Earn up to 7.51% p.a. interest on Citi Wealth First savings account
• Dedicated relationship manager and team of specialists
• Preferential rates on loans, deposits and investments
• Wealth management tools like Citigold Total Wealth Advisor
• Transfer Citigold status to 300+ centres worldwide

What is the difference between Citigold and Citigold Private Client?

While Citigold is tailored for clients with over S$250K in investable assets, Citigold Private Client is tailored for clients with at least S$1.5 million in investable or liquid assets. 

Citigold Private Clients enjoy a dedicated Senior Relationship Manager with at least 10 years of experience complemented by a team of highly experienced specialists, access to products suitable for Accredited Investors, as well as luxury lifestyle benefits.

Citigold focuses more on growing your wealth holistically through advice, preferential rates, and global services. 

What are some key benefits of Citigold? 

#1 – Get up to 7.51% p.a. of interest with Citi Wealth First account

Citigold members get access to Citi's Wealth First account, which allows you to earn an attractive 7.51% p.a interest rate by meeting criteria in categories like monthly spend, investments and loans.

This is one of the highest savings interest rates available.

For example, having S$250K average balance in your account, with a monthly spend of S$1000, S$100K lump sum investment amount, S$50K single premium insurance, S$500K home loan and S$5K incremental monthly savings amount would get you S$15,100 annual interest from the account.

#2 – Personalized wealth planning backed by Citi’s expert team

Citigold provides clients an entire team of experts for advice to grow your wealth, unlike regular banking.

Your personal team includes a Relationship Manager, Investment Counsellor, Mortgage Specialists, Insurance Specialists and Treasury Specialists. You also get access to insights and opportunities from over 350+ Citi research analysts globally.

#3 – Enjoy preferential rates as a Citigold member

Citigold grants access to exclusive products not available to regular customers.

This includes bespoke investments, preferential home loan rates, market-leading deposit rates, commission-free US/HK trades and annual fee waivers on credit cards.

Citigold members can also receive an exclusive fixed deposit interest rate of up to 1.50% per annum on a 6-month SGD Time Deposit on fresh funds of S$250K to S$5 million. If you are an accredited investor, the amount increases to 1.60% per annum. 

Additionally, under the SGD Time Deposit Investment Bundle Promotion, Citigold members can receive up to 2.50% p.a. rates for 2-months with a minimum placement of S$50K if they also invest in eligible Citi distributed investment products.

Find out more about Citigold’s exclusive time deposits promotions here. 

#3 – Access to bespoke wealth management tools

Citigold members get access to a suite of exclusive wealth management tools to simplify managing their finances. 

The key tool offered is the Citigold Total Wealth Advisor platform which lets you link all your banking and investment accounts for a consolidated view, set custom goals for asset allocation across products/classes, visually track your portfolio against proposed asset allocation models, and get alerts to rebalance holdings if your asset allocation goes off track.

Having an integrated goals-based investment tracking and auto-rebalancing tool saves you time from having to manually manage money spread across various accounts.

In addition, Citigold clients also get privileged access to Citi's extensive global research and analytics capabilities.

#4 – Transfer your Citigold status globally with ease

Citigold lets you retain priority banking status across 300+ Citigold Centres worldwide.

Wherever you go, you can access Citigold Lounges, relationship managers and global transactional services. You also get a consolidated accounts summary across countries.

For those of us who prefer face-to-face financial advisory, CitiGold and CitiGold Private Client members can visit the Citi Wealth Hub at 268 Orchard Road, or the Citi Wealth Centres at One Holland Village and Parkway Parade, for a more personalised and holistic wealth management experience with private pods, expert support and curated events.

#5 – Enjoy world-class experiences and exclusive lifestyle perks 

Citigold Debit Mastercard holders can enjoy complimentary access to Global Blue Airport Fast Lanes and Global Blue City VIP Lounges.

In previous years, Citibank partnered with Mastercard to offer exclusive UEFA Champions League rewards for Citigold clients. 

For 2025, Citigold members had the chance to win a 4-day, 3-night all-inclusive trip to Munich to attend the UEFA Champions League Final, complete with luxury accommodations, curated dining, and VIP match access.

In 2024, Citigold members were also able to win a priceless experience for their children to kick off the game as Player Mascots and watch the UEFA Champions League Final in London. 

What are some potential drawbacks of being a Citigold member?

#1 – Complex bonus criteria & conditional rewards

Achieving the full bonus interest of up to 7.51% p.a. requires multiple actions like salary credit, investment, insurance, borrowing, etc. which makes the program more complex to maximize.

Citigold’s bonus interest is tiered with each action earning an extra ~1.5% p.a., so stacking multiple actions is essential.

Even for New-to-Bank (NTB) welcome gifts, you must meet many conditions within a tight timeframe, such as depositing fresh funds, investing, insuring, and applying for home loans.

#2 – Stringent status maintenance criteria

While Citigold Priority Banking offers attractive benefits and global privileges, maintaining the tier requires a substantial minimum Asset Under Management (AUM) of S$250K, which may be a barrier for emerging affluent clients. 

Additionally, clients need to actively invest or insure a significant portion of their assets to fully qualify for rewards and perks, which might not suit those seeking a more passive banking relationship. 

The high thresholds and ongoing requirements can make it challenging for some customers to retain the status.

How to qualify for a Citigold member?

If Citigold resonates with your banking needs after reading the above, here are the eligibility criteria:

• Minimum S$250K in Assets Under Management
• Singaporean / PR / Valid Work Pass Holder
• 18 Years and above

There's no minimum income amount required. As long as you meet the above criteria, you qualify to unlock Citigold’s range of personalised services.

What are the current sign-up rewards with Citigold?

Citibank is currently offering welcome rewards for new Citigold and Citigold Private Client customers. 

There is a tiered, step-up reward structure, meaning the more fresh funds you bring in, the higher your welcome bonus. 

There are also further cash incentives available when you meet additional criteria like completing your financial profiling, investing in S$50,000 increments, holding a Citi credit card, and taking up a home loan.

At the base level with Citigold, you can earn up to S$2,460 in welcome rewards by establishing a relationship with S$300K in fresh funds, completing your risk profile and fact-find report, opting in as an Accredited Investor, investing or insuring S$300K, holding an eligible Citi credit card, and maintaining your relationship. 

For those with higher capital to deploy and are Citigold Private Client member, the rewards can go up to S$20,760 when you deposit S$1.5 million in fresh funds, complete due diligence, opt in as an Accredited Investor, invest or insure S$1.5 million, and maintain an eligible Citi relationship. 

How does Citigold compare to DBS Treasures and Standard Chartered Priority

In case you’re wondering how does Citigold compares to DBS Treasures and Standard Chartered Priority, I've compiled them in the table below.

What would Beansprout do?

Citigold offers a comprehensive range of services, digital tools and lifestyle benefits to support your financial goals.

Whether you're saving, investing, insuring or taking up a home loan, Citigold provides an integrated platform to manage all your financial needs in one place, with competitive rewards for clients who engage across multiple services.

If you are a global high flyer, your Citigold status is recognised worldwide, giving you access to consistent service, privacy and efficient transactions across more than 300 Citigold Centres.

With a dedicated relationship manager, access to market insights, preferential rates and curated lifestyle privileges, Citigold provides a convenient way to manage your wealth more effectively.

However, the S$250,000 minimum balance may be a hurdle for some, and maximising the 7.51% p.a. interest on the Citi Wealth First account requires meeting multiple conditions across spending, investing, and borrowing.

If you are still building up your assets or prefer simpler criteria to earn bonus interest, Standard Chartered Priority may offer a more accessible entry point.

Meanwhile, DBS Treasures could appeal to investors who want stronger investment support, access to exclusive products, and an integrated digital-plus-advisory platform backed by one of Singapore’s largest research and wealth management teams.

If you’re looking to access exclusive investment opportunities in private markets at a lower minimum, you can also check out ADDX. 

Thinking about signing up? Visit Citigold website for full details.

You may want to compare other priority banking services to see which best aligns with your financial goals.

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