TERMS AND CONDITIONS GOVERNING THE CALL FOR CASH FREE MOVIE PASS PROMO
In these terms and conditions (“Terms and Conditions”), unless the context otherwise requires;
“Card” means all credit cards issued by Citibank, N.A. - Philippine Branch;
“Card Account” means the principal account maintained with us in respect of the Card;
“Movie Pass” means the reward that you are entitled to receive when you avail of Call for Cash worth at least
₱20,000 using your Card, whether in a single or multiple transactions;
“Promo” means the Citibank Call for Cash Free Movie Pass promo;
“We, Our, Us” means Citibank, N.A. - Philippine Branch; and
“You, Your” means the Principal Cardholder, the person in whose name the Card Account is maintained.
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Promo period is from October 20 until November 30, 2012.
You are entitled to four (4) Movie Passes worth ₱100 each if you avail of a Call for Cash with a minimum
transaction amount of ₱20,000 within the promo period.
Four (4) Movie Passes will be loaded into your Card Account used for the Call for Cash transaction within
twenty (20) business days from approval date of Call for Cash. We will send you an SMS to advise that the
four (4) Movie Passes have been loaded into your Card Account.
You may use the Movie Pass to redeem screening ticket within sixty (60) days from when the Movie
Passes were loaded into your Card Account. Any Movie Pass not redeemed within said period shall be
void.
You may opt to use up to a MAXIMUM of two (2) Movie Passes per day per Card. Redemptions in excess
of two (2) Movie Passes per day will not be allowed, and the cost of the movie ticket will be charged to your
Card as a straight purchase. No change shall be given to you should the cost of the screening ticket/s
redeemed through the Movie Pass/es fall below the value of the Movie Pass/es used to redeem.
You may redeem your Movie Pass at the following participating cinemas: AliMall Cineplex, Gateway
Cineplex, Robinsons Movieworld, and SM Cinemas (except Podium).
The difference between the actual screening ticket/s, admission tax, or any other fees charged by the
cinema upon admission and the value of the Movie Pass redeemed shall be charged to your Card or be
payable in cash.
The Movie Pass is not convertible to cash.
The screening ticket/s redeemed under this Program must be used on the same day that it is/they are
redeemed.
You agree not to re-sell the actual screening ticket/s exchanged with or purchased through the Movie Pass.
The existing terms and conditions of the participating cinemas will apply.
The accrual and usage of the Movie Pass shall not be specified in the monthly Statement of Account. You
can go to any participating cinema with your Card or call our 24-Hour CitiPhone at 995-9999 in Metro
Manila or 234-9999 in Metro Cebu or 1 800 10 995 9999 toll-free from other provinces through PLDT to
inquire how much Movie Passes you have available in your Card at any one time.
You hereby authorize us to disclose information regarding yourself and your Card Account to such third
parties as we deem necessary for the purposes of the Promo.
Our records of all matters relating to the Promo shall be conclusive and binding on you.
You shall be disqualified from this promotion in the event that your Citibank credit card is found to be
invalid, becomes delinquent, or is suspended, cancelled or terminated within the promo period or
redemption period, or you are determined to be ineligible to join the promo for whatever reason, or Is this
part only for new card promos: you are the same person using different names or providing differing
information, or you are engaged in fraud, unauthorized activity or abuse of the promo terms and conditions,
or you are prohibited under the applicable Gifts, Anti-Bribery and Corruption laws, regulations and policies
from participating in and/or qualifying for this promotion.
Fraud, abuse or any unauthorized action relating to the Call for Cash transaction, or relating to the earning
or redemption of Movie Pass may result in forfeiture of Movie Pass. This forfeiture shall be without
prejudice to any legal action that may be taken by Citibank.
All questions or disputes regarding eligibility for the Promo or eligibility of Movie Pass for redemption will be
resolved by us at our sole discretion.
Our decision on all matters relating to the Promo shall be final and binding on you.
The Movie Pass obtained as a result of your private transactions should have no taxation consequences.
You will be responsible for whatever tax implications may arise out of the ultimate treatment of the Rebates
and/or Movie Pass.
The Terms and Conditions Governing the Issuance and the Use of Citibank Credit Cards shall likewise
apply; you must strictly abide by the same.
Per DTI-NCR Permit No. 9500, Series of 2012.
VERSION DATE: OCTOBER 2012
TERMS AND CONDITIONS GOVERNING THE CALL FOR CASH PROGRAM
In these Terms and Conditions Governing the Call for Cash Program (“Terms and Conditions”), the term “Card” means all credit cards issued by Citibank, N.A. (Philippine
Branch) (“Bank”). The term “Cardholder” means the person at whose request one or more Cards have been issued by the Bank. The Cardholder hereby agrees to the
following Terms and Conditions:
1.
Call for Cash Program. Call for Cash (CFC) is a special Cash Advance facility wherein select Citibank Cardholders of good credit standing may avail of cash
charged to the Card together with applicable interest and other fees to be paid for by the Cardholder on an installment basis. The Bank may at its option require a
minimum cash advance amount to qualify for Call for Cash. The Call for Cash request will be subject to verification and credit approval by the Bank. The approved
Total Call for Cash Amount must not exceed the unused portion of the Cardholder’s Citibank Card Credit Limit or Special Installment Line assigned to the Call for
Cash facility.
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Effect of Availment under Call for Cash. Where the Bank approves a request for Call for Cash, the total call for cash amount (“Total Call for Cash Amount”) shall
be subject to these Terms and Conditions and all applicable terms and conditions under the Terms and Conditions Governing the Issuance and Use of Citibank
Cards (“Cards T&C”) and all related provisions of the PayLite Installment Plan.
3.
Call for Cash Installment Payment and other Fees. The monthly Call for Cash installment due (the “Monthly Installment Due”) forms part of the minimum amount
due in the statement of account of the Card. The regular Monthly Installment Due is computed as the total amount payable (the “Total Amount Payable”) divided by
the term (the “Term”, i.e. number of months within which such amount must be paid) chosen by the Cardholder. The Total Amount Payable is computed as the Total
Call for Cash Amount plus the total amount of Call for Cash interest due. The total amount of interest due (“Total Interest Due”) on the Total Call for Cash Amount is
computed as the sum of interest charged monthly throughout the Term chosen by the Cardholder. The interest for the second and succeeding statement periods is
computed by multiplying the effective interest rate (the “Effective Interest Rate” or the “EIR”) stated in Section 4 hereof by the outstanding principal balance, divided
by 360 days, and then multiplied by 30 days (Interest = EIR * outstanding principal balance / 360 * 30); the interest for the first Monthly Installment Due shall be
computed by multiplying the quotient in the formula by the actual number of days from approval date of the Call for Cash transaction to one day before statement
date, instead of 30 days. The principal portion is computed by subtracting the interest from the Monthly Installment Due.
The computation of the Monthly Installments Due shall not be equal, as the interest on the first Monthly Installment Due shall be computed based on the actual
number of days from approval date and one day before statement date (ends inclusive), while the interest on the second and succeeding Monthly Installments Due
shall be computed based on a fixed 30-day period. Thus, the first Monthly Installment Due may be more or less than the subsequent regular Monthly Installments
Due and shall not be construed as the regular Monthly Installment Due. After the first month, the Cardholder shall be billed a fixed regular Monthly Installment Due,
as computed in accordance with the first paragraph of this item 3.
The computation of interest and principal components of the Monthly Installments Due shall be on a diminishing balance basis, and the interest and principal portions
of the Monthly Installments Due will not be equal from month to month.
The first Monthly Installment Due shall be billed to the Cardholder beginning on the Cardholder’s next statement date and succeeding Monthly Installments Due shall
be billed every month thereafter until the Total Amount Payable is paid in full.
In case of pre-termination or cancellation of Call for Cash, the Cardholder shall be liable to pay in full the unpaid principal component of the Total Amount Payable
and a Cancellation Processing Fee equivalent to 4% of the unbilled principal component of the Total Amount Payable. In case of special promotions wherein the
Bank gives the Cardholder special premiums (includes promotional items, rewards points, rebates, etc.), the Bank has the discretion to charge the full monetary
equivalent of the premium should the Cardholder pre-terminate or cancel the Call for Cash. The equivalent amount will be charged to the Cardholder’s Citibank Card
account on the next statement date following the date of pre-termination or cancellation.
Cancellation Processing Fee
Call for Cash Manager’s Check Delivery Charge
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SUMMARY SCHEDULE OF FEES AND CHARGES
4% of unbilled principal component of the Total Amount Payable
P50 shall be charged for the delivery of the Manager’s Check availed under the Call for Cash facility
Interest on the Total Call for Cash Amount. The Cardholder agrees to pay the Bank interest on the Total Call for Cash Amount on the dates specified in the
Statement of Account at the applicable monthly add-on rate with a corresponding effective interest rate per annum based on the outstanding principal balance when
the respective Statement of Account is generated and the Term as follows:
NOTE: RATES BELOW ARE SUBJECT TO CHANGE BY CITIBANK IN LINE WITH SPECIAL PROMOTIONAL OFFERINGS
Term
Average Monthly Add-on Rate
Effective Interest Rate (Per Annum)
12
1.99%
41.51%
18
1.99%
41.31%
24
1.99%
40.70%
36
1.99%
39.26%
48
1.99%
37.89%
60
1.99%
36.67%
If the Cardholder chooses to pay only a portion of his Total Amount Due as indicated in the Statement of Account, the unpaid portion of the Monthly Installment Due
shall be subject to the monthly interest charge at the prevailing rate of 2.49% (or 29.88% nominal interest rate per annum) for Choice Cards, 2.75% (or 33% nominal
interest rate per annum) for Platinum Cards, 2.99% (or 35.88% nominal interest rate per annum) for Cash Back MasterCard, 3.25% (or 39% nominal interest rate per
annum) for Gold Cards, 3.33% (or 39.96% nominal interest rate per annum) for Rewards Card and 3.5% (or 42% nominal interest rate per annum) for all other cards.
Interest rates are quoted based on a 30-day period. For months with more (or less) than 30 days, the applicable interest rate shall increase (or decrease) accordingly.
Interest is compounded monthly. Usual late payment charge applies. (Note that the Balance Transfer Installment Due is made up of (1) the Principal Component of
Monthly PayLite Installment; and (2) the applicable Interest Component of Monthly PayLite Installment).
For Choice Cards, in the event that the Citibank Card account is twice or more past due (that is, when the minimum amount due is not received in full on or before the
payment due date) within the last twelve months, the interest rate of 3% per month (36% per annum) will apply. The interest rate will revert to the prevailing monthly
interest rate of 2.49%, as soon as the account is no longer twice or more past due within the immediately preceding 12-month period.
In the event that the Citibank Card account is 60 days or more past due, the Call for Cash installment plan will be cancelled, and any remaining unpaid balance will be
billed to the Citibank Card account in full as a regular retail transaction. Once billed in full, the remaining balance will be subject to the standard monthly interest
charge of 2.49% for Choice Cards, 2.75% for Platinum Cards, 2.99% for Cash Back MasterCard, 3.25% for Gold Cards, 3.33% for Rewards Card and 3.5% for all
other cards.
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Interpretation. Except insofar as they may be inconsistent with these Terms and Conditions, the provisions of the Cards T&C shall continue to apply to the Total Call
for Cash Amount applied under the Call for Cash Facility. These Terms and Conditions shall be read and construed with the Cards T&C so as to produce a result
that is harmonious and consistent; Provided, that in the event of any inconsistency or conflict between the provisions of these Terms and Conditions and the Cards
T&C, the provisions of these Terms and Conditions shall prevail in relation to the Total Call for Cash Amount applied under the Call for Cash Program. Unless clearly
and unambiguously provided in these Terms and Conditions, there shall be no diminution of the obligations of the Cardholder under the Cards T&C.
VERSION DATE: JULY 2012