Welcome offer of Citibank payroll account
From now until April 30, 2012, sign up for our payroll account, with registration of banking
e-statement service log-on to Citibank online banking and have 3 consecutive monthly payroll
deposits you can enjoy the following welcome offersi.
Open payroll account to enjoy up to HK$2,000 rewards
Monthly Salary*
HK$10,000 - <HK$30,000
Citibanking
iii
HK$30,000 or above
Citigoldiv
HK$30,000 or above with
new funds amount of >HK$50,000
Offerii
Welcome offer
Rewards
HK$150
credit card spending
HK$550
cash coupons
HK$800
+ credit card spending =
HK$950
HK$400
HK$300
HK$1,500
cash coupons
credit card spending
HK$1,800
* Rewards are calculated according to the actual monthly payroll deposit
Referral Program : Up to HK$1,000 credit card spending
Each successful referral
Rewards
Citibanking
HK$100 credit card spending
Citigold
HK$1,000 credit card spending
Customer Referral Ambassador Program : Up to HK$2,000 credit card spending
No. of successful Citibanking referral
Rewards
3 or above
HK$450 credit card spending
5 or above
HK$750 credit card spending
10 or above
HK$2,000 credit card spending
Successfully apply for the following products/services to enjoy:
Products / Services
Extra Privileges
MPF Preserved Assets Consolidation
HK & US stock accounts
• One-off management fees rebate
• Management fees as low as 0.99% p.a.
• Trade HK & US stocks with no commission (first 2 months)
Remarks: Investment shall not be
regarded as a substitute for time deposit
• As low as 0.2% brokerage fee for HK stock trading after first 2 months
Citibank Rewards Card
• Up to 200,000 Rewards Pointsv
Citibank Ready Credit
• HK$100 Cash Coupon
(equivalent to HK$800 cash coupons)
• Offers preferential mortgage rate with attractive cash rebate
• Fulfills the need of new home purchase, mortgage transfer or cash out
refinancing
• No handling or valuation fee
Service Fee Waiver
Account Opening / Enquiry Hotline
• No min balance requirements
• Free gift check issuance, standing instructions, Online TT
2860 0266
www.citibank.com.hk
OFSCTB-0030312
Mortgage
Remark:
i. Rewards are not applicable to existing banking clients of Citibank(Hong Kong)Limited(“The Bank”) or client who had banking relationship with the bank in the past 12 months. ii. Open a Step-Up Interest
Account and register email address and enroll in banking e-statement simultaneously, Citibanking client can get HK$150 cash coupons; Citigold client can get HK$300 coupons (“instant gift”). Citibank reserves
the right to reclaim the full cash value of the instant gift in the event that an account is closed within 3 months after account opening. Clients are required to submit relevant documents including a copy of their
HKID card and valid address proof (e.g. latest banking statement in order to be eligible for the gift. iii To be eligible for up to HK$800 credit card spending, client should have monthly payroll through
autopay/standing instruction to enjoy the above offer. If client has check deposit, Citibanking client is eligible to enjoy up to HK$400 credit card spending. iv. To be eligible for HK$1,500 credit card spending,
cilents are required to join Citigold, bring in new funds of HK$500,000 and with monthly payroll through autopay/standing instruction with HK$30,000 or above. To be eligible for HK$1,000 credit card
spending, clients are required to join Citigold, bring in new funds of HK$500,000 and with monthly payroll through check deposit with HK$30,000 or above. Upon completion of this offer for 1st year, the
“Average Daily Combined Balance” of HK$1,000,000 for Citigold account will be applied. v. All welcome offers are only applicable for New Citibank Credit Card Clients. New Citibank Credit Card Clients are
defined as Clients who do not currently hold and/or in the past 12 months have not been successfully approved for or have not cancelled any Principal Citibank Credit Card, Citibank Cobrand Card, Citibank
Private Label Card issued by the bank or Diners Club Card issued by Diners Club International (HK) Limited (“Diners”). Spending requirements apply and successful enrollment of e-statement delivery service
is required. For details, please refer to relevant marketing materials. vi. The overleaf banking welcome offers are not applicable for U.S. persons, except deposit interest rate. vii. Terms and Conditions apply,
refer to below for details.
Terms and Conditions:
1. The promotion offer is valid from April 1 to April 30, 2012, both dates inclusive (”the Promotional Period”). 2. To enjoy the promotion offer under the promotional period, client must successfully open and use the
Step-Up Interest Account for payroll deposit, and as the primary account holder during the promotional period and fulfill all other criteria below mentioned (“Eligible Client”). 3. Citibanking client can enjoy minimum
balance fee waiver as long as using Step-Up Interest Account for monthly payroll. Citigold client must maintain “Average Daily Combined Balance” of HK$500,000 or above (with HK$30,000 or above monthly payroll).
This offer is only applicable for the first year upon account opening and client needs to maintain Citigold minimum balance requirement afterwards. Service charges for certain products apply, please refer to the latest
Service Fees booklet^. 4. Up to 0.8%p.a. preferential deposit interest rate will only apply to Step-Up Interest Account. All deposit rates are for reference only and are not guaranteed. Deposit rates will be subject to
change from time to time without prior notice. For details, terms and conditions of Step-Up Interest Account, please refer to the leaflet of Step-Up Interest Account^. 5. Welcome offer for Citibank payroll account client:
a) Client must enroll banking e-statement during account opening; and b) Client must have first log-on to Citibank online banking within one month after account opening; and c) Client must have 3 consecutive monthly
payroll deposit through autopay/standing instruction/check deposit in 5 months upon account opening month, with monthly salary of HK$10,000 or above for autopay/standing instruction (as per client’s declared
basic salary) OR HK$30,000 or above for check deposit (as per client’s declared basic salary) in the Step-Up Interest Account. d) Rewards correspond to the relevant salary tiers and payroll deposit method:
Monthly Salary
Citibanking
Citigold
Autopay or Standing Instruction
HK$10,000 or above
HK$400 Credit Card Spending
HK$30,000 or above
HK$800 Credit Card Spending
HK$30,000 or above*
HK$1,500 Credit Card Spending
* To be eligible for HK$1,500 credit card spending, cilents are required to join Citigold, bring in new funds of HK$500,000 and with payroll of HK$30,000 or above. Upon completion of this offer for 1st year, the “Average
Daily Combined Balance” of HK$1,000,000 for Citigold account will be applied.
e) If client has check deposit with HK$10,000 or above, Citibanking client is eligible to enjoy HK$200 credit card spending; If client has check deposit with HK$30,000 or above, Citibanking client is eligible to enjoy HK$400
credit card spending. Citigold client are required to join Citigold, bring in new funds of HK$500,000 and with payroll of HK$30,000 or above to enjoy HK$1,000 credit card spending. f) Rewards are calculated according
to the actual monthly payroll deposited. Clients need to submit valid employment proof as stated in the leaflet. If the actual payroll deposited amount does not equal the client’s declared basic salary or the actual monthly
payroll deposited has differences (Example: the actual monthly payroll amount after deducting MPF is lower than declared basic salary), rewards are determined according to the client’s declared salary or the actual
payroll deposited, whichever is lower. Payroll deposit refers to basic salary only. Any commission, bonus, overtime allowance, double pay, reimbursement, and/or other payments made on top of the basic salary will be
excluded from the calculation. g) The above rewards are not applicable to existing banking clients of Citibank (Hong Kong) Limited ("The Bank") or client who has had a banking relationship with the Bank in the past 12
months. h) Rewards will be credited to each eligible client with the schedule as below:
Account opening date
3 consecutive monthly
payroll deposit before
Rewards will be
credited before
April 1 – April 30, 2012
August 31, 2012
September 30, 2012
i) Credit card spending will be paid in terms of Citibank credit card spending. The priority of card type for offering credit card spending to Citibanking clients will be Citibank Rewards card, Octopus Citibank credit card,
and Citibank PremierMiles VISA. The priority of card type for offering credit card spending to Citigold clients will be Citibank PremierMiles VISA, Citibank Rewards card, and Octopus Citibank credit card. Customer is not
allowed to choose card type for the credit card spending offer. If clients are not currently a holder of a Citibank Credit Card, they will require to apply a Citibank Credit Card and the credit card is subject to approval.
The same value of cash rebate will be offered if client’s card application is rejected or invalid without further notice. Cash rebate will be credited to client’s Step-Up Interest Account. j) Only those Eligible Clients whose
relevant accounts are valid and in good standing during the entire promotion and redemption period will be eligible for the rewards. If the account status has changed, the Bank reserves the right to terminate the Offers
to the Eligible Client without prior notice. 6. Citibank payroll account Referral Program: a) HK$1,000 credit card spending will be offered to the Referrer for each Referee (New client) who successfully becomes a new
Citigold Step-Up Interest Account client during the Promotional Period, bring in new funds of HK$500,000 and has 3 consecutive monthly payroll deposit in 5 months upon account opening month, with HK$30,000 or
above (as per client’s declared basic salary). HK$100 credit card spending will be offered to the Referrer for each Referee (New client) who successfully becomes a new Citibanking Step-Up Interest Account client during
the Promotional Period and have 3 consecutive monthly payroll deposit in 5 months upon account opening month, with HK$10,000 or above (as per client’s declared basic salary). Credit card spending will be credited
to client according to the referee’s (New client) account opening date and requirement fulfillment date (please refers to clause 5h-5j). b) For referee to be eligible for the welcome offer, referee must not have had a
banking relationship with the Bank in the past 12 months. c) For referee to apply the Citigold account, referrer must hold a Citibank banking account / Citibank credit card. d) For referee to apply the Step-Up Interest
Account / Citibanking account, referrer must hold a Citibank banking account. e) Referrer cannot refer himself/herself as a new client. Referrer’s entitlement to the program offer will be subject to the bank’s confirmation
on the Referee’s fulfillment of the program offer requirements. For each joint account, only one reward will be given to the referrer. If clients are not currently a holder of a Citibank Credit Card, they will require to apply
a Citibank Credit Card and the credit card is subject to approval. The same value of cash rebate will be offered if client’s card application is rejected or invalid without further notice. Cash rebate will be credited to client’s
Step-Up Interest Account. 7. Citibank Customer Referral Ambassador Program: a) Referrals must be made before April 30, 2012. b) Referrer must be an existing Citibank banking client (i.e. with bank account number).
c) Referee (New client) must not have had a banking relationship with Citibank during the previous 12 months. d) Referee (New client) should have 3 consecutive monthly payroll deposit in 5 months upon account
opening month, with HK$10,000 or above (as per client’s declared basic salary) e) Rewards correspond to the number of successful referrals made:
Number of successful Citibanking referral
3 or above
5 or above
10 or above
Rewards for each successful referral
HK$450 credit card spending
HK$750 credit card spending
HK$2,000 credit card spending
f) Referrer’s offer will be subject to the bank’s confirmation on the referee’s fulfillment of the program requirements. g) Rewards will be credited to each eligible client according to the referee’s (New client) account
opening date and requirement fulfillment date (please refers to clause 5h-5j). 8. MPF Preserved Assets Consolidation Services: a) For details of the one-off management fees rebate and management fees, please refer
to the relevant promotional leaflet. b) Welcome offer for Citibank payroll account are not applicable to MPF products distributed by Citibank. 9. Stock Account Opening Offer: a) The offer is only applicable to new
stock/new securities Clients (“Clients”) who have opened a new securities account with the Bank during the period from April 1 to June 30, 2012 (the “Promotion Period”) and have not canceled or held any sole or joint
securities account with the Bank within the past 12 months. b) Clients can enjoy brokerage fee waiver for the BUY and SELL trades of Hong Kong and US stocks carried out via our Dedicated Trading Hotline, Internet
Securities Services or Mobile Securities Services (where applicable) within the first 61 days of securities account opening. Initial Public Offering (“IPO”) related transactions are not applicable. c) Clients will enjoy
brokerage fee waiver for buy and sell trades of Hong Kong and US stocks until the total cumulative regular brokerage fee reaches: (i) HK$1,500 for Citibanking clients; (ii) HK$3,000 for Citigold clients; All
subsequent transactions will be subject to regular brokerage fee (with minimum charge per transaction). Example: A Citigold client opened a new securities account on April 10, 2012 and conducted the following
transactions during the period of April 10 to June 10, 2012 via online channel.
Transaction Date
April 13
May 10
May 16
June 1
Total:
Transaction Amount (HKD)
$700,000
$1,000,000
$30,000
$500,000
Regular Brokerage Fee - 0.2% (HKD)
$1,400
$2,000
$100 (minimum charge)
$1,000
$4,500 (Brokerage fee waived: $3,000)
Important Disclaimer
You should seek advice from your professional advisors as to your particular tax position, including but not limited to estate duty and withholding tax that might arise from investing in overseas products. This material
is for information purpose only and does not constitute any offer or solicitation or advice to buy or sell any security. Investments are not bank deposits and are not obligations of, guaranteed or insured by Citibank
(Hong Kong) Limited, Citibank, N.A., Citigroup Inc. or any of its affiliates or subsidiaries, or by any local government or insurance agency, and involve risks, including the possible loss of the principal amount invested.
Share prices may go down as well as up. Investment products are not available for U.S. persons and might only be applicable to limited jurisdiction. Any person considering an investment should seek independent advice
on the suitability or otherwise of the particular investment.
^ You may visit Citibank website (www.citibank.com.hk)/any branch or 24-hour Citiphone Hotline at 2860 0333 to obtain the latest copy.
© 2012 Citibank Citibank and Arc Design is a registered service mark of Citibank, N.A. or Citigroup Inc. Citibank (Hong Kong) Limited
OFSCTB-0030312
The waived brokerage fee of HK$3,000 will be refunded to clients’ settlement account linked to the securities account within 6 months of securities account opening. d) Clients will still be charged non-brokerage fee
items such as, but are not limited to, Stamp Duty, Transaction Levy and Trading Fee where applicable. e) Clients are required to pay the regular brokerage fees at the time of trading. The waived brokerage fee will be
refunded to clients’ settlement account linked to the securities account within 6 months of securities account opening. Clients should maintain a valid securities account and settlement account at the time when the
refund is made. f) The Bank will credit the refund amount to clients’ Hong Kong Dollar settlement account. If only a US Dollar settlement account is linked to the securities account, the refund amount will be credited
to that account. Exchange rate of US$1 = HK$7.8 will be used for calculation. 10. Citibank Rewards Card: The promotion offer is valid from April 1, 2012 to April 30, 2012. All welcome offers are only applicable for New
Citibank Credit Card Clients. New Citibank Credit Card Clients are defined as applicants who do not currently hold and/or in the past 12 months have not been successfully approved for or cancelled any Principal Citibank
Credit Card, Citibank Cobrand Card, Citibank Private Label Card, issued by Citibank (Hong Kong) Limited and/or Diners Club Card issued by Diners Club International (HK) Limited (“Diners”). Spending requirements
apply. For details, please refer to relevant marketing materials. 11. Offer for Citibank Ready Credit: a) The promotional period is from April 1 to April 30, 2012. b) Citibank Ready Credit applicants must be Hong Kong
permanent residents and aged 18 or above. c) Credit limit is up to 3 times monthly salary or HK$500,000 (whichever is lower). Credit limit is up to 3 times monthly salary or HK$40,000 (whichever is lower) for
applications without income proof. d) Introductory rate at P for first 3 months; the Prime Rate (“P”) is the Hong Kong Dollar Prime Rate of the Bank. The P is 5.25% (APR 5.38%) as of September 15, 2010. The
introductory rate and personalized interest rate will vary whenever the Bank’s P changes. e) HK$100 cash coupons are not applicable to clients currently hold and/or in the past 12 months have successfully applied
for or cancelled any Citibank Ready Credit Account. If the clients cancel their new Citibank Ready Credit account within 12 months from the account opening date, the Bank reserves the right to charge clients the face
value of the welcome offer from the Citibank Ready Credit Account without prior notice. 12. Terms and conditions apply for all the offers. For details, please refer to the related promotion materials. 13. If a new client
closes all of his/her accounts within 6 months from his/her account opening date, an account closure fee of HK$500 (or equivalent) will be charged. 14. All rewards cannot be redeemed for cash. 15. The above offers
cannot be used in conjunction with any other promotion offers. 16. The above banking welcome offers are not applicable for U.S. persons, except deposit interest rate. 17. The Bank reserves the right to amend
any of these terms and conditions without prior notice. All matters and disputes will be subject to the final decision of Citibank. 18. In the event of discrepancy between the English and Chinese versions of these terms
and conditions, the English version shall prevail.