Citi Plus Account Review (2025): Smart Saving and Investing Made Simple

In a city where even kopi prices are on the rise, finding smart ways to stretch your dollar matters more than ever.

Whether you're figuring out how to save better, want to try investing (without needing a finance degree), or simply want more out of your bank account — Citi Plus could be your answer.

Designed for mobile-first Singaporeans, Citi Plus is a hybrid savings and investment account, bundled into one sleek experience on the Citi Mobile® App. No more juggling multiple apps or deciphering complex banking jargon. This is an account that works as hard as you do.

In this review, we’ll break down everything you need to know — from how much interest you can earn, to what investment options are available, to how Citi Plus stacks up against other popular savings accounts in Singapore.

» More: Best online savings accounts in Singapore for earning high interest

Citi Plus is Citibank’s all-in-one digital solution, seamlessly combining the Citi Interest Booster savings account with the Citi Wealth First investment platform. It's designed for anyone looking to save, invest, and grow their money seamlessly from their phone.

Citi Plus is a compelling option for those who prefer an all-in-one digital approach to managing their finances. It simplifies the often complex world of saving and investing, making it particularly appealing to digital-savvy individuals and investment beginners who appreciate convenience and integration. The potential for higher interest on savings linked to common banking activities is a definite plus.

• No minimum salary required

• SDIC-insured up to S$100,000

• Great for both savers and first-time investors

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Let’s be honest — the base interest won’t blow your socks off. But the magic lies in the bonus tiers. When you stack them right, your savings can work a lot harder.

Base interest rate

Like most savings accounts, Citi Plus offers a base interest rate. However, let's be frank, the base rate alone won’t have you quitting your day job for a lifetime of Netflix binges. Its true magic lies in the bonus interest tiers.

Bonus interest tiers

This is where Citi Plus truly shines! You can boost your interest significantly by performing certain activities. 

Booster activities include: 

• Salary credit: Get your salary of at least S$1,500/month paid into your Citi Plus account.

• Card spend ($500): Just use any Citi card for your daily meals, shopping, or even your MRT rides! This includes popular cards like the Citi Cash Back Plus Card, adding to your overall Citi benefits.

• Investing: Start investing a little bit through Citi Plus's investment features.

• Insurance: Get covered through one of Citi’s partners.

• Birthday month bonus: Earn additional bonus interest during your birthday month!

Note: Specific bonus rates will be updated on Citi's official website, as they can change. Always check the latest rates there to ensure you get the most accurate picture!

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Let’s look at three typical Singaporean scenarios.

Scenario 1: The savvy saver (S$10,000 deposit)

Sarah credits her salary (S$3,000) and uses her Citi card for dining, transport, and groceries. She hasn’t started investing yet.

• Interest earned: Decent uplift vs base rate.

• Perks: Her money earns more passively — while she earns cashback from card spend.

Scenario 2: The active investor (S$30,000 deposit)

Ben ticks off three boosters — salary, card spend, and monthly S$100 investments via Citi Wealth First.

• Interest earned: Significantly higher than base savings accounts.

• Use case: Extra interest helps with his home savings plan or travel fund.

Scenario 3: The power user (S$50,000 deposit)

Chloe maximises everything: salary credit, full card spend, monthly investments, and insurance.

• Interest earned: Reaches the maximum bonus tier.

• Use case: Her savings compound efficiently — great for long-term goals like a new car or early retirement.

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When you’re ready to grow your money beyond savings, Citi Wealth First offers a simple, beginner-friendly gateway into investing.

What can you invest in?

• Unit trusts & mutual funds: Professionally managed portfolios across asset classes.

• ETFs: Index-linked funds that provide broad market exposure.

• Recurring investment plans: Start with as little as S$100/month — ideal for dollar-cost averaging.

• SGD & USD options available: Invest in your preferred currency.

All offerings are MAS-regulated, so you know they’re compliant and secure.

» Proven ways to invest and build wealth in 2025

Everything is seamlessly managed through the Citi Mobile® App. You can:

• View your portfolio in real time

• Adjust your recurring investment amounts

• Use it to unlock bonus interest on your savings

No need to switch platforms — your saving and investing live side-by-side.

You might have heard of robo-advisors like Syfe or Endowus. How does Citi Wealth First stack up?

While robo-advisors might boast lower overall fees, Citi Wealth First offers the convenience of having your banking and investing all in one place, perfect for those who value simplicity and integration and want to maximise their Citi benefits.

In our digital age, a bank’s app can make or break the experience. The Citi Mobile® App for Citi Plus is designed to be intuitive and empowering.

Citi Mobile® App dashboard

When you log in, you’re greeted by a clean, user-friendly dashboard that gives you a quick overview of your financial world:

• Real-time balance and interest tracking: See exactly how much you have and how much interest you've earned (or are about to earn!).

• Investment overview: Keep an eye on your investment portfolio’s performance at a glance.

• Goal creation and milestone tracking: This is where the fun begins!

Goal-based saving & alerts

This feature is truly a game-changer for your Citi Plus account:

• Instead of just a generic savings account, imagine naming your goals: “Trip to Tokyo 2026,” “Wedding Fund,” or “Dream HDB Reno.” This makes saving feel much more tangible and exciting!

• Watch as you get closer to your targets, celebrating each milestone.

• The app helps you see how far you’ve come and how much more you need to achieve your aspirations.

• Get alerts when you have investment opportunities or gentle nudges if you’ve missed a booster activity, ensuring you maximise your interest! These are part of the overall Citi benefits you can enjoy.

» Are you on track? Here's how much you should have saved by each age

Citi Plus is best suited for those who want more than just a passive savings account.

Salaried professionals

Get rewarded just for crediting your monthly salary and using your card. Great way to make your everyday spending count.

Freelancers and gig workers

No fall-below fees make it flexible, even with irregular income. Plus, you can still invest and track goals like a pro.

Students and early savers

Start small, build habits early. Citi Plus is forgiving, fee-free, and educational — ideal for anyone learning to manage money.

Upwardly mobile individuals

As your wealth grows, Citi Plus scales with you. It’s a smooth on-ramp to Citigold when your AUM crosses S$250,000.

» Are you saving enough? Here's how much you should be putting aside in Singapore

Singapore has a bustling financial scene, with many banks vying for your attention. How does Citi Plus measure up against some popular alternatives?

The GXS Savings Account is a fantastic option for those who want to earn attractive interest rates on their savings with minimal fuss. Its digital-first approach and lack of salary crediting requirements make it particularly appealing to pure savers and digital natives who prefer to manage their finances entirely from their phone.

» Read Full Review

The UOB One Account is ideal for reward maximisers who are disciplined in meeting specific monthly conditions. For those who already use UOB for their salary and spending, this account offers a straightforward way to significantly boost their savings interest.

» Read Full Review

The Trust Bank Savings Account is an excellent choice for everyday users seeking a competitive base interest rate without the hassle of strict salary crediting or complex tiering. Its simplified app experience makes it very accessible for those new to digital banking or who prefer a no-fuss approach.

Note: Interest rates are estimates and subject to change. Always verify the latest rates and conditions directly from the respective bank's official websites.

As you can see, if you’re looking for just a high-interest savings account without any bells and whistles, some others might offer slightly higher base rates. However, Citi Plus shines when you utilise its full ecosystem, particularly if you’re keen on starting your investment journey.

Nobody likes hidden fees, right? Let's break down what you can expect with Citi Plus:

Citi Plus account fees

• Account service fee: A monthly account service fee of S$15 will be charged if your Total Relationship Balance (TRB) falls below S$15,000 at the end of each month. Your TRB includes the average daily balance of your checking, savings, and deposit accounts, plus the average daily value of your investments and outstanding secured loan amounts.

» Understanding foreign transaction and currency conversion fees

Investing fees via Citi Plus

When it comes to investing with Citi Plus, some fees are standard:

• Brokerage or sales charge: You might incur a fee (e.g., up to 1.5% sales charge per transaction for some funds) when you buy or sell certain investment products.

• No platform fee: Citi doesn’t charge a separate fee for using the Citi Plus investment platform itself.

• No exit/withdrawal penalty: Your money isn’t locked in, giving you flexibility.

Currency and investment notes

If you’re investing in USD-denominated assets, be aware that FX spreads (the difference between the buy and sell price of a currency) will apply. However, Citi Plus also offers SGD options, so you can choose to invest in your local currency if you prefer to avoid currency conversion altogether.

Ready to jump in? Opening a bank account Citibank style is thankfully a straightforward, digital process with Citi Plus:

1. Download the Citi Mobile® App: Head to your app store and get the official Citibank app.

2. Tap on “Citi Plus”: Follow the clear prompts within the app.

3. Login with SingPass for MyInfo: This makes the application super fast as your personal details are automatically populated. No tedious form filling!

4. Fund your account and start investing: Once approved, transfer some funds and you’re ready to explore.

Eligibility:

• You need to be 18+.

• Singaporean/PR/foreigner with valid documentation (FIN, passport, etc.)

Security is super important when it comes to your money. Citi Plus has several safeguards to give you peace of mind:

• SDIC coverage up to S$100,000 for deposits: Your eligible deposits in your Citibank savings account are protected by the Singapore Deposit Insurance Corporation (SDIC), for up to S$100,000 in aggregate per depositor per Scheme member by law.

• MAS-regulated investment platform: Citi Plus's investment platform is overseen by the Monetary Authority of Singapore (MAS).

• App uses 2FA, Face ID, and encrypted access: Strong security features keep your account safe from unwanted access.

• Transparent fee disclosures: No hidden costs! All fees are clearly shown.

» More: Best places to save money in Singapore

For Singaporeans who want more than just a basic savings account, Citi Plus truly hits the sweet spot between convenience, customisation, and long-term financial growth. It's especially valuable for those ready to start investing but unsure where to begin, offering a gentle yet effective introduction to wealth building within a familiar banking environment. If you're keen to consolidate your finances and make your money work harder in a smart, integrated way, the Citi Plus account is definitely worth a closer look!