New Citigold customers: Get a free Apple iPad and up to S$6,826 welcome bonuses


Sign up for a Citigold account via SingSaver and get a complimentary Apple iPad, plus further cash rewards from Citibank.

⚠️ Update: The end date of this offer has been brought forward to 31 May 2021. It was originally 15 June 2021. A new offer has been launched offering an iPad Air Space Grey (64GB) worth S$879, but this requires a deposit of S$250,000 instead of the previous S$80,000.

From now till 31 May 2021, new-to-bank customers who open a Citigold account through SingSaver will be eligible to receive an Apple iPad 8th Generation 10.2 WiFi 32GB (worth S$499). 

Sign Up for CitiGold

In addition to this, they’ll also be able to earn additional cash rewards of up to S$6,826 from Citibank, including S$300 just for opening their account online and S$300 for holding a principal Citibank credit card. 

SingSaver Gift: Apple iPad

Photo: Apple website

New-to-bank customers who apply for a Citigold account through SingSaver by 31 May 2021 (with account opened by 30 June 2021) will receive an Apple iPad 8th Generation 10.2 WiFi 32GB (worth S$499), provided they deposit and maintain a minimum of S$80,000 in fresh funds in a Citi Wealth First Account. 

⚠️ Who is considered new-to-bank?
“New-to-Bank” refers to a Citi Customer who fulfills the following criteria:

  • is not a U.S. Person;
  • is at least the age of 18 during the Enrolment Month;
  • does not have a primary Banking Account or primary relationship in each of the last thirteen (13) calendar months before the Enrolment Month;
  • does not have any AUM in each of the last thirteen (13) calendar months before the Enrolment Month; and
  • opens a primary sole Banking Account or a primary joint Banking Account with a person who does not have any Banking Account/ relationship with Citi

For the avoidance of doubt, holding a Citibank credit card or personal loan will not disqualify you from “new-to-bank” status

The S$80,000 in fresh funds must not originate from any existing account with Citibank. The funds must be maintained until the end of the calendar month immediately after the calendar month in which the bank account was opened. For example, if the account is opened on 29 May 2021, funds must be maintained till 30 June 2021.

The T&Cs of this offer can be found here.

To be clear, if you stop at this step and do not further top up your account to at least S$250,000 (see below), you will qualify for the iPad but will not have Citigold status, and will not be eligible for the further cash gifts issued by Citi. 

Application Steps

Here’s the steps to take note of. 

  1. Apply through any of the links in this article
  2. You will be directed to a SingSaver landing page. Enter your email address and click “confirm”
  3. Complete your application and take a screenshot of the Application Reference Number (for Citibank, it’s 12 alphanumeric characters)
  4. Fill in the SingSaver rewards form that will be sent to your email. It’s vital you fill in the form- no form, no reward. 

The gift will be fulfilled within four calendar months. If you have not received any correspondence by this time, contact for assistance. 

Citibank Gift: Up to S$6,826 welcome bonus

On top of the SingSaver offer, Citibank is running a promotion of its own for new Citigold customers, which is valid for accounts opened by 30 September 2021. 

New Citigold customers can earn further cash rewards from Citibank by completing certain actions as shown below: 

Action Reward
Deposit S$250,000 in fresh funds S$300
Additional reward for primary Citi Credit Card holders S$300
Purchase S$100,000 in investments S$1,700
Purchase S$50,000 in life insurance S$450
Interest in Citi Wealth First Account with balances maintained at S$100,000 (Spend, Save, Insure, Invest, Home Loan) S$2,616
Citigold 12-month Wealth Loyalty Reward S$960
Successfully open banking account via online account opening form S$300
Mortgage bonus S$200
Total S$6,826
Illustration is based on a customer with S$250,000 New Funds, who deposits S$100,000 in a Citi Wealth First Account and maintains the Citigold relationship and AUM for 12 months , is an existing / new primary Citi Credit Card holder, spends S$250 monthly on Citibank Debit Mastercard, invests S$100,000 and insures S$50,000 respectively, saves S$3,000 monthly, takes up a new home loan of at least S$500,000, and successfully opens his bank account via online opening form.

For a better understanding of how the investment and insurance bonuses are calculated, do refer to the T&Cs. 

All customers must complete a goal setting session with their Citigold relationship manager, including Total Wealth Advisor and Investment Risk Profile. Your relationship manager will be able to advise you on your current financial position, goals and needs to determine the suitable investment portfolio for you. 

However, you can pick and choose which of the above tasks you wish to complete. For instance, a new-to-bank customer who applies online (applying via SingSaver would qualify), deposits S$250,000 in fresh funds and holds any principal credit card would already receive an extra S$900 in cash.

As a reminder, Citigold customers also earn a relationship bonus of 5-30% on any credit card points earned through the Citi Prestige Card. I’ve explained how that works in this post, but to summarise, here’s the impact on how many miles per dollar you earn. 

  Regular 0-5 Years 6-10 Years >10 Years
Local Spend 1.3 mpd 1.36 mpd 1.38 mpd 1.42 mpd
Overseas Spend 2 mpd 2.06 mpd 2.08 mpd 2.12 mpd

Even a brand new Citigold customer would already be earning 1.36 mpd on all local currency spending with the Citi Prestige, one of the higher earning rates on the market. Don’t forget the wide variety of Citibank transfer partners, plus the opportunity to buy cheap miles via the ongoing Citi PayAll 2.5 mpd promotion. 


Sign Up for CitiGold

If you’ve been thinking about opening a Citigold account, this is a great opportunity to stack an additional free gift on top of Citibank’s regular offers. Don’t forget to apply by 31 May 2021, and fill out your rewards form as soon as you receive it via email.

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

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As a CitiRewards card holder, I have been receiving sms from Citi to join CitGold and get $6,826 since last year. Why need to apply via Singsaver?


for the ipad?


Sadly I don’t want the iPad, unless I just take and then flog it for cash. And the $6,826 from Citi – got to go thru many hoops to earn it. LOL


Saw in the T&Cs that the CITIGOLD account to be opened must be the Citi Wealth First one, and not the other accounts. Do take note.


Quite confused on the terms and conditions: In order to be eligible for the iPad, can we confirm that we only need to put in $80,000 into the Citi wealth first account, or do we still need $250,000 to set up a citigold account? If we need $250,000, an iPad seems quite paltry.


Same confusion here, does that mean that this promo also makes a user eligible for Citigold with just $80k aum? Usually the criteria to join Citigold is $250k, and $80k is only Citi Priority. I’d assumed you’d need to start a Citigold relationship with $80k in Citi Wealth First account to get the free iPad, and not be allowed to start a Citigold relationship with just $80k.

Is this just poor choice of words on SingSaver’s part?


(1) is a given if you join CitiGold and put in $250k in fresh funds, and part of earning the $6,286. But if not joining CitiGold, surely there are better returns one can get for $80k unencumbered funds than the iPad from Singsaver….?

K Tong

Like what? The $80k is risk-free… but Citibank may make you jump thru many hoops to leave the relationship early. 😛


Oh ok, I guess the condition for the iPad then is really Citibank, and not just specifically Citigold. However if you went for both (1), and (2), which they would hope for, then it would be Citigold.


It is stated that we need to hold only for a month, if we close the account after 1 month, any penalty?


If you close the account within 6 months from date of account opening, there is a fee of $50.


I look at their t&c but there are no mention of anything not even a min. balance, do you know if there is min. balance or we can leave it at $0 after one month?