Pretty good deal for a savings account where you dont have to spend x times per month, or deposit y amount per month to quality. only that you remain under 500k during the 4 months (from what I have understood the T&Cs anyway). I'll jump to the next best savings account deal when this is up!
NOTE: New customer only
From the link:
Earn our variable introductory rate, currently 2.10%p.a. for the first 4 months when your balance remains under $500,000.
At the end of the 4 months or if at any time your balance exceeds $500,000 (including due to interest credited to your account*), your account will have our ongoing standard variable rate, currently 1.10%p.a.
*For example: If your initial balance is $500,000, and you earn $1,000 interest in month 1, your balance of $501,000 in month 2 will earn interest at 1.10%p.a. on the entire balance, even though you are in the introductory period.
Citi locked my account last week on 2 separate occasions. When I tried to log in it said temporarily not working try later. Spoke to online call twice said all in order with account. Spoke to Customer service 3 times, first one activated my card for me so I could change my password because everything else was fine even through the message did not say password incorrect. The 2nd set a telephone pin for me and stated nothing wrong with the account. Each one asked me to log in from different devises - tried 4 in the end. The 3rd did the same things but eventually said she would put me thru to the Fraud team who confirmed the account was locked. Why I asked, because I had withdrawn $100k. I said I do that often can anything be done. He said he would write a file note. At least 3 hours later the account unlocked till 3 days later locked again, why same reason. The fraud team person said no record of me speaking to them 3 days earlier.