Home>Banking>Promotions>Expert wealth management for millionaires Named as the Best Wealth Management Bank by the prestigious Capital Outstanding Enterprise Award for seven consecutive years, Citigold thoroughly understands the needs of millionaires and strives to provide them with comprehensive wealth management services as well as global banking services. Click here to explore more Citigold wealth management services. Act Now Millionaire Survey Citibank conducts an annual Millionaire Survey to understand the needs of millionaires and to uncover the secrets of their success. Our latest Millionaire Survey revealed some very interesting facts about Hong Kong's most wealthy people. Open a Citigold account and enjoy fabulous welcome privileges: Please click here to view more preferential time deposit interest rate Act Now Call Citigold Account Opening Hotline at (852) 2860 0220. Visit any Citibank branch. You may need... Market Information Still have questions? Contact your Relationship Manager or call Citigold Account Opening Hotline at (852) 2860 0220. Invest with Citibank Online Capture investment opportunities with Citibank Online Banking. Log on or Sign up Now General Terms & Conditions 1. The Promotion Period is valid from April 1 - June 30, 2013 (“Promotion Period”). 2. All offers are not applicable for U.S. persons, except deposit interest rate. 3. All offers are not applicable to existing banking clients of Citibank (Hong Kong) Limited ("The Bank") and clients who had banking relationship with the Bank in the last 12 months. 4. Once an offer has been selected and accepted by the Bank, no cancellation or change can be made. 5. For joint accounts, only one offer will be given to the Primary Account Holder. 6. The program offers cannot be used in conjunction with any other promotion offers. All gift items are available on first-come-first-served basis while stock lasts. 7. The Bank reserves the right to claim for the refund of the gift should the new Citigold account be closed within 3 months from date of account opening or the new Citigold client's "Average Daily Combined Balance" falls below the minimum balance requirement within 3 months from the date of account opening. If the new client closes all of his/her accounts within 6 months form his/her account opening date, an account closure fee of HK$500 (or equivalent) will be charged. 8. The Bank reserves the right to amend the above Terms and Conditions from time to time and is entitled at any time without any liability in any manner whatsoever to alter the program without prior notice. Should there be any dispute, the Bank's decision will be final. 9. Citigold is exclusive for Citigold clients who maintain the "Average Daily Combined Balance" of HK$1,000,000 or above. Should the "Average Daily Combined Balance" fall below the minimum balance requirement for 3 months, a monthly service fee of HK$200 will be charged (the monthly service fee for International Personal Bank Hong Kong clients is HK$500 or equivalent) else no annual fee applies. For the fees of individual service, please refer to the latest service fee guide. The "Average Daily Combined Balance" is calculated based on the sum of your daily balances of deposit, investment and accumulated paid premium of selected insurance products of all your single name account(s) and joint name account(s), divided by the number of days in the month. Selected insurance products mean insurance policy(ies) with savings element or investment-linked insurance. For insurance policy(ies) with savings element, accumulated paid premium means total premium paid minus value of outstanding policy loan. For investment–linked insurance policy(ies), accumulated paid premium means total premium paid minus value of fund sold. 10. The English version of these Terms and Conditions shall prevail wherever there is a discrepancy between the English and the Chinese versions. Terms & Conditions of Welcome Offers 1. Welcome Offers include Instant Offer, Investment Products Offer and Autopay Bill Payment Set Up Offer. 2. Instant Offer: To be eligible for HK$800 cash coupon, new Citigold banking clients (“new clients”) are required to successfully set up Citigold banking and payroll accounts and fulfill the following requirements during the promotion period;   (i) Clients are required to register to use e-statement service of banking account during account opening. The bank reserves the right to claim for the refund of the gift if new clients cancel e-statement service during the hold fund period. This promotion offer cannot be used in conjunction with other e-statement offer. For the terms and conditions about the e-statement service, please refer to the branch staff for details. Should there be any dispute, the Bank's decision will be final. (ii) Clients are required to logon Citigold Online Banking services during account opening. (iii) Clients are required to open Stock Accounts (HK & US), Mutual Fund Account and Premium Account during the account opening. 3. Investment Products Offer I. To be eligible for the Investment Products Offer, new clients are required to subscribe Mutual Funds, make a Premium Account (PA) booking or trade Foreign Currency (FX) for the first time with a transaction amount of HK$1,000,000 or above (or equivalent in other foreign currencies) within the first 3 months of successful Citigold banking account opening. Specific product requirements indicated as below.   (i) Mutual Funds: subscribe mutual funds authorized by the Securities and Futures Commission (excluding Class B funds) with subscription fee of 1.5% or above (“Eligible Mutual Funds Subscription”). FundSelect Savings Plan subscriptions are not be eligible. (ii) Premium Account (PA): book a PA with HKD/USD as Base Currency and a booking tenor of 2 months or above (“Eligible PA Booking”). (iii) Foreign Currencies (FX) Trading: convert HKD/USD to AUD/NZD/GBP/CAD/EUR/JPY/SGD/CHF (“Eligible FX Trade”). The offer cannot be used in conjunction with any designated special foreign currencies time deposit offer. II. Eligible clients will receive HK$5,000 Investment Products Offer as indicated below:   (i) Clients with Eligible Mutual Funds Subscription: HK$5,000/US$650 worth of mutual funds units (after deducting applicable subscription fee) of the same mutual funds as the eligible mutual funds subscription. (ii) Clients with Eligible PA Booking: HK$5,000/US$650 worth of PA booking with the same tenor, base & alternate currencies, strike price and interest rate as in the eligible PA booking. (iii) Clients with Eligible FX Trade: HK$5,000/US$650 worth of foreign currency as received in the eligible FX trade. III. Each client can enjoy the offer once only. IV. Only applicable to transaction performed via branches. V. Eligible clients are required to pay HK$5,000/US$650 for the reward during the time of transaction. HK$5,000/US$650 will be rebated to clients’ designated account within eight months of Citigold banking account opening. Eligible clients will receive HK$5,000 for HKD denominated transaction and US$650 for transaction denominated in other currencies. Clients should maintain a valid Citigold account and settlement account at the time when the rebate is made. VI. The program offers cannot be used in conjunction with any other promotion offers, including the “Investment Products Subscription Rewards” and “Citigold Welcome Offer”. For new Citigold clients who do not fulfill the above-mentioned investment subscription requirement, they will be eligible for the “Citigold Welcome Offer”. Please refer to specific terms and conditions for details. 4. Autopay Bill Payment Set Up Offer: only applicable to new clients who successfully open the Step-Up Interest Account for payroll deposit and as the primary account holder during the promotion period. New clients will receive HK$50 cash coupon for each successful set up of autopay instruction for utility bill payments (including water supplies, electricity, Towngas, rates and government rent, telecommunication services) using the Step-Up Interest Account and receive up to HK$200 cash coupons for 4 successful autopay set up in different utilities within 1 month from the account opening date. To be eligible for the coupon(s), clients are required to submit the All-In-One Autopay Setup Form and the original copy / copy of the utility bill payment simultaneously. Each autopay set up instruction can only enjoy the offers once. The Bank reserves the right to reclaim the full cash value of the gift in the event that the autopay set up instruction is cancelled within 5 months. Terms and Conditions for New Stock Account Offer 1. The New Stock Account Offer is only applicable to new Citigold Clients who have opened a new stock / securities account (“New Stock Clients”) with Citibank (Hong Kong) Limited (the “Bank”) during the Promotion Period and have not canceled or held any sole or joint securities account with the Bank within the past 12 months. 2. 2. New Stock Clients can enjoy brokerage fee waiver for the BUY trades of Hong Kong and US stocks carried out via our Dedicated Trading Hotline, Internet or Mobile Securities Services (where applicable) within the first 92 days of securities account opening. If total stock trading turnover reached HK$1,000,000 within the first 92 dyas of securities account opening, clients can enjoy brokerage fee waiver for the SELL trades of Hong Kong and US stocks within the same period of time until the total cumulative regular brokerage fee reach HK$2,000. Initial Public Offering (“IPO”) related transactions are not applicable. Example: A new Citigold client opened a new securities account on Mar 25, 2013 and conducted the following transactions within the first 92 days of securities account opening (Mar 25 – Jun 27, 2013) via online channel.   Transaction Date Transaction Amount (HKD) Brokerage Fee Offers (Regular Brokerage fee:0.2%)(HKD) Mar 26 Buy $700,000 $1,400 Waived Apr 8 Buy $600,000 $1,200 Waived Apr 11 Sell $1,100,000 $2,200(Since the total trading turnover reached HK$1,000,000, clients can enjoy the $2,000brokerage fee waiver for the Sell Trades Total: $2,400,000   3. New 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. 4. The New Stock Account Offer is not eligible to clients if they are the employees of the Bank or Citibank N.A. or its subsidiaries during the Promotion Period and when the brokerage fee refund is made. 5. 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. 6. The Bank will credit the refund amount to clients’ Hong Kong Dollar settlement account. If only a US Dollar/Renminbi (RMB) settlement account is linked to the securities account, the refund amount will be credited to that account. Exchange rate of USD1 = HKD7.8/RMB1 = HKD1.2 will be used for all calculations. 7. The handling fee is originally charged at HKD/RMB100 for each online IPO application. The handling fee for online IPO application made within the Promotion Period will be waived. 8. The above offers cannot be used in conjunction with any other offers. Terms and Conditions of Citigold “Million Reward” Lucky Draw 1. To participate in the Citigold “Million Reward” Lucky Draw (“Lucky Draw”), client must open a new Citigold account within the Promotion Period to be entitled to one lucky draw entry. Each client can only participate in the lucky draw once. 2. The lucky draw will be held on May 6, 2013. Winner will be notified individually. 3. The prize for the lucky draw is 1,000,000 credit card reward points (1 winner). Winner must apply for/hold valid Citibank Credit Card. Credit card reward points will be credited to customer’s designated Citibank Credit Card within 4-6 weeks upon announcement. 4. The eligibility of entering the lucky draw shall forfeit if customer fails to meet the requirements as set in this Terms and Conditions. Important Disclaimer This website is for information only and does not constitute any offer to buy or sell. 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. Investments should not be treated as a substitute for time deposits. Investors should refer to the relevant investment products offering documents for detailed information prior to subscription. Investments are not bank deposits and involve risks, including the possible loss of the principal amount invested. Investors investing in investment products denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal. Unit prices may go down as well as up. Past performance is not indicative of future performance. Unless specified, these investments 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. Investment products are not eligible for U.S. persons and might only be applicable to limited jurisdiction. Potential investors should consider if an investment is suitable for them in the light of their own financial position, investment objectives and risk profile. Foreign currency trading is subject to rate fluctuations which may provide both opportunities and risks. Investors may experience a loss when they convert foreign currency back to their home currency. Investors should therefore carefully consider whether such trading is suitable for them in light of their own financial position, investment objectives and risk profile. Exchange Controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. Citibank or any of its associates will benefit from the origination and distribution of the in-house product.