Review & Rating Citibank Junior Savings Account 2023
The Citibank Junior Savings Account is best suited for juniors aged 18 years old below but can also be for parents/adults. It provides cardholders an easy way of tracking funds with separate monthly statement and also earn interest as your child grow his/her savings.
Citibank Singapore Limited is a branch bank of Citibank, N.A. headquartered in New York, U.S.A. and was present in Indonesia in 1918 through its previous company, The International Banking Corporation in Batavia and Surabaya. In 1989 Citibank started its credit card business in Indonesia. Citibank is one of the pioneers of the credit card business in Indonesia by always presenting quality products and making innovations for the satisfaction of its customers. This privilege then continued in the following years by introducing various other banking services online. Until now, Citibank Bank has issued a variety of banking service products, including credit card products that offer various facilities and ease of transactions for its users, as well as various attractive promo offers.
An account aimed at parents who already have an existing Citibank account and wish to open one for their kids
This is an account aimed at parents who already have an existing Citibank account and wish to open one for their kids who are below 18 years of age. Technically, Citibank does not impose fall-below fees on the Junior Savings Account holders. So if your child is the only one in the family with a Citibank account, there will be no fall below fee. However, if you as a parent also have a Citibank account and the total relationship balance which is the total balance of parent and child combined falls below $15,000, then a service fee of $15 will be charged to the parent’s account.
Citibank Junior Savings Account / Citibank Singapore