• Banking without charges on essential account services
• No charge on account maintenance, debit card, cheque book, SMS alerts, and Citytouch
• Free bank statements facility and solvency certificates
• No charge on Pay Order issuance or cancellation
• No charge on passport endorsement
• 50% charge waiver on first year credit card annual fee
• 50% charge waiver on loan processing fee
• 50% charge waiver on first year student file processing fee for the children of account holder

18 years or above Bangladeshi

• NID/Birth certificate/Passport
• Photograph – 2 Copies
• Nominee’s NID/Birth certificate/Passport
• Nominee photograph – 1 Copy
• Nominee’s NID/Birth certificate/Passport
• Income source document
• E-TIN (if applicable)

*Bank may ask for any additional document if required so.

• Account holder must maintain a minimum 6-month average balance of BDT 500,000 to continue enjoying the Optima Savings Account features.
• Existing savings account holders may convert to an Optima Savings Account if the account has been active for at least 12 months and maintains a 12-month average balance of BDT 500,000.
• If the required balance threshold is not maintained, the account will be converted to a General Savings Account, and the Optima Savings Account features will no longer be applicable

• Interest on monthly average balance
• Monthly interest payment
• Find the interest rate here

Please click here to find the details

Q1. What is the Optima Savings account?
The Optima Savings account allows customers to enjoy selected banking services without charges while the account remains under this product, subject to meeting the eligibility criteria set by City Bank PLC.

Q2. Where can the account be opened?
The Optima Savings account can be opened at all branches and sub-branches of City Bank PLC across Bangladesh.

Q3. In which currency is the account maintained?
The account is maintained in Bangladesh Taka (BDT) only.

Q4. Is joint operation allowed?
Yes. The account may be operated as single or joint, as per bank policy.

Q5. What is the minimum balance requirement?
To remain eligible for the Optima Savings account, a minimum six-month average balance of BDT 500,000 must be maintained.

Q6. Is there any deposit limit?
There is no maximum deposit limit, subject to regulatory compliance.

Q7. How is interest paid on this account?
Interest is calculated on the monthly average balance and credited monthly.

Q8. What is the interest rate?
The applicable interest rate is determined by City Bank PLC and may change from time to time. The latest rate is available at Here

Q9. Is a debit card available?
Yes. Dual-currency debit card is available free of charge.

Q10. Is there any charge for SMS alert service?
No. SMS alert service is provided free of charge.

Q11. Is there any account maintenance fee?
No. There is no account maintenance fee for this account.

Q12. Are cheque books available?
Yes. Cheque books are provided free of charge.

Q13. Are bank statements free?
Yes. Half-yearly bank statements are provided free of charge. Any additional statements are also free.

Q14. Is there any fee for issuing a solvency certificate?
No. Solvency certificates are issued free of charge.

Q15. Is passport endorsement free?
Yes. Passport endorsement is provided free of charge.

Q16. Is there any charge for Pay Order (PO) issuance or cancellation?
No. Pay Order issuance and cancellation are free of charge.

Q17. Are there any benefits on credit card fees?
Yes. Customers are eligible to pay 50% of the first-year annual fee on a credit card, subject to the Bank’s prevailing policies and approval criteria.

Q18. Is there any concession on student file processing fees for account holders’ children?
Yes. Student file processing fees are charged at 50% in the first year. Renewal charges apply as usual.

Q19. Is there any benefit on loan processing fees?
Yes. Customers are eligible for a 50% concession on the applicable loan processing fee, subject to the Bank’s loan policies and approval.

Q20. Are source tax, VAT, and excise duty applicable?
Yes. All statutory charges, including source tax, VAT, and excise duty, apply as per prevailing laws and regulations.

Q21. Can Fixed Deposit or DPS be opened from this account?
Yes. Fixed Deposit and DPS can be opened using funds from this account, similar to a regular savings account.

Q22. What happens if the required average balance is not maintained?
If the minimum six-month average balance of BDT 500,000 is not maintained, the account will be converted to a General Savings Account and standard charges will apply as per the converted product.

Q23. Can an existing City Bank savings account be converted to a Optima Savings account?
Yes. Existing savings account holders may convert if the account has been active for at least 12 months and has maintained a 12-month average balance of BDT 500,000.

Q24. Is nomination mandatory?
Yes. Nomination is mandatory in accordance with regulatory guidelines.