CHECKING & SAVINGS ACCOUNT

Open account and earn up to HK$7,000 cash rebate

Bank Account from Citibank Hong Kong.

Citibank offers a range of savings and checking (current) accounts that enable you to easily accumulate capital and manage your finances.

 

Application Hotline: (852) 2860 0234(852) 2860 0234.

Apply online to enjoy an extra offer of
up to HK$200 shopping coupon

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WELCOME OFFERS

New Funds Offer

  New Funds (HKD or equivalent) Cash Rebate (HK$) / Avios
Citigold® ≥ $4,000,000 $7,000 120,000 Avios
≥ $1,500,000 $4,000 80,000 Avios
Citi Priority® ≥ $1,000,000 $2,500 50,000 Avios
≥ $500,000 $1,500 25,000 Avios
Savings

Earn daily compound interest and enjoy a host of other services designed to help you manage your money flexibly.

Benefits

  • Hong Kong Dollar, US Dollar and Renminbi Statement Savings for your selection
  • Earn daily compound interest rates on your savings account
  • Detailed monthly consolidated statement for you to keep track of your financial activities and balances
  • The account can be accessed through Citigold® Online/Citibank® Online and 24-Hour CitiPhone Banking
Checking

Citibank® offers you both HKD and USD checking accounts to accommodate your financial needs. What's more, you can also enjoy No-Bounced-Check protection!

Benefits

  • Available for HKD or USD
  • No-Bounced-Check Protection facility
  • Detailed monthly consolidated statement
  • Free access to accounts via CitiCard
  • The account can be accessed through Citigold® Online/ Citibank® Online and 24-Hour CitiPhone Banking

More about "No-Bounced-Check Protection"

Citibank® offers you No-Bounced-Check protection from check returns in case of insufficient funds in your checking account.

  • Applicable to Hong Kong Dollar Checking Account only
  • Up to HK$5,000 protection for Citibanking® customers with average daily combined balance of HK$30,000 or above
  • Up to HK$20,000 for Citigold® customers
CheckLink Savings

At Citibank®, we understand there are times when you need to issue checks directly. That's why we offer the CheckLink Savings Account, which allows you to easily manage your everyday banking transactions and earn deposit interest at the same time.

Benefits

  • Earn interest with your checking account

    The interest-bearing Citibank® CheckLink Savings Account is a class above conventional current accounts.

  • Make swift and hassle-free payments

    Make payments by check anytime and save yourself the hassles of settling by cash.

  • Issue checks more easily

    Checks will be automatically drawn from your Citibank® CheckLink Savings Account to help prevent bounced checks and penalty charges.

More about "No-Bounced-Check Protection"

Citibank® offers you No-Bounced-Check protection from check returns in case of insufficient funds in your checking account.

  • Applicable to Hong Kong Dollar Checking Account only
  • Up to HK$5,000 protection for Citibanking® customers with average daily combined balance of HK$30,000 or above
  • Up to HK$20,000 for Citigold® customers
  • Exclusive year-round privileges via Citibank Online and Citi Mobile.
  • Time Deposit Offer. Deposit funds to enjoy preferential interest rates

Important Notice:Important Notice:

Products might only be applicable to limited jurisdictions.
  • A minimum amount of HK$10,000 is required to establish a MaxiSavings account.
  • MaxiSavings consists of MaxiSavings - TD ("Non-fixed Deposit") and MaxiSavings - Checking ("Checking") accounts.
  • Non-fixed Deposit is a time deposit which allows partial withdrawal before maturity day. All partial withdrawal before maturity day must be done via Checking account in HK$1,000 or its multiples. If customer holds more than one Nonfixed Deposit, we will select the one with the least interest loss per withdrawal unit for customer's withdrawal.
  • The interest of partial withdrawn amount will be calculated at Pre-Termination Interest Rate from the day of the funds are deposited into the Non-fixed Deposit account until the day before withdrawal. It will be credited to Checking account on the next business day after withdrawal.
  • The final balance under Non-fixed Deposit on maturity day will earn the Contract Interest Rate.
  • The interest rate for any remaining balance in the Checking account after withdrawal is the same as that for normal Checking account.
  • If the remaining balance of Non-fixed Deposit is less than HK$1,000 after withdrawal, this balance will also be transferred to Checking account automatically.
  • Only Non-fixed Deposit and Checking accounts with the same account holder can be linked to enjoy withdrawal facility through the Checking account. One Checking account can be linked to one or several Non-fixed Deposit with different tenor in one account with the same currency. However, any such linked MaxiSavings CANNOT be charged or otherwise used as security for another banking product.
  • Upon maturity, Non-fixed Deposit will be disposed to designated account or rolled over based on customer instruction where the interest rate is determined at the time of transaction day.
  • The MaxiSavings account opening will normally be completed within 5 business days from receipt of application. Interest will be calculated from the day the funds are available in the Non-fixed Deposit account upon the day of successful check clearance or fund transfer.
  • If the MaxiSavings account is terminated before the maturity day, an account closure fee of HK$500 will apply.
  • This offer cannot be used in conjunctions with other offers.
  • Bank draft or personal check which is drawn on overseas will not be accepted.
  • The Terms and Conditions of MaxiSavings shall be in addition and supplementary to and not in substitution or in derogation of the Terms and Conditions for Accounts and Services and all other Terms and Conditions applicable to the customer from time to time. In case of any inconsistency between the Terms and Conditions of MaxiSavings and the Terms and Conditions for Accounts and Services, the Terms and Conditions herein contained shall prevail. Citibank (Hong Kong) Limited reserves the right to amend the Terms and Conditions without prior notice. All matters or disputes will be subject to the final decision of Citibank (Hong Kong) Limited. Products might only be applicable to limited jurisdictions.
  • If there is any inconsistency between the English version and the Chinese version, the English version shall prevail.

General Terms & Conditions:

  • All welcome offers are not applicable to U.S. persons, except deposit interest rate.
  • All welcome offers, the continuous HK stock buy fee waiver offer and credit card welcome offer are not applicable to Citibank staff.
  • Unless otherwise specified, all welcome offers are not eligible for overseas clients (with an overseas correspondence address), not applicable to existing banking clients of Citibank (Hong Kong) Limited (“the Bank”) and clients who had a banking relationship with the Bank in the last 12 months.
  • Unless otherwise specified, the Promotion Period is valid from October 1 to December 31, 2017, inclusive of both dates ("Promotion Period").
  • Each client can only enjoy the offer once during the promotion period. For joint accounts, only one offer will be given to the Primary Account Holder.
  • The account status of each client must remain valid and normal at the time when the corresponding offer is rewarded or delivered to the client. Otherwise, the reward will be forfeited absolutely.
  • To be eligible for the British Airways Avios (“Avios”) offer, the client must be a member of British Airways Executive Club and register at designated Citibank webpage (www.citibank.com.hk/aviosoffer) within the first 2 calendar months from account opening (including the month of account opening and the month following). Overdue registrations will not be eligible for the Avios offer. Once successfully registered, no cancellation or change can be made. Client who does not register online will be rewarded with corresponding cash rebate welcome offer.
  • During online registration, the client is required to provide a valid British Airways Executive Club membership number, member's surname as it appears on your British Airways Executive Club account, and the 16-digit Citibank ATM Card number. No Avios will be rewarded in case of any incorrect information provided by clients.
  • The client's registered British Airways Executive Club membership number, member's surname and the eligible quantity Avios to be credited will be submitted to British Airways Executive Club for the purpose of fulfillment. British Airways Executive Club terms and conditions applies for the use of Avios .
  • The Bank reserves the right to claim for the refund of the gift should the new account be closed/downgraded within 6 months from the date of account opening, or the new client's "Average Daily Combined Balance" falls below the minimum balance requirement within 6 months from the date of account opening. The gift value will be debited from the client’s account at the time of account closure or downgrade, or 1 month from the first day the account balance falls below the required level whichever is earlier.
  • If the 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.
  • 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.
  • Welcome Offers cannot be used in conjunction with other special promotions, discounts or promotional coupons, nor be transferred or exchanged for cash or other offers.
  • 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:

  • Unless otherwise specified, welcome offers (cash rebate or Avios) will be credited to each eligible client’s banking account or British Airways Executive Club account by the date as specified in the table below .
    Account Opening Date Cash rebate will be credited Avios will be credited
    October 1 to 31, 2017 On or before April 30, 2018 Within 6 weeks after April 30, 2018
    November 1 to 30, 2017 On or before May 31, 2018 Within 6 weeks after May 31, 2018
    December 1 to 31, 2017 On or before June 30, 2018 Within 6 weeks after June 30, 2018

  • Citigold is exclusive for clients who maintain the “Average Daily Combined Balance” of HK$1,500,000 or above, otherwise we reserve the right to convert his/her Citigold account to a Citi Priority or Citibanking account. Should the “Average Daily Combined Balance” fall below HK$1,000,000 for 3 consecutive months, a monthly service fee of HK$300 will be charged. For the fees of individual services, please refer to the latest service fee guide.
  • The minimum requirement for Citi Priority account opening is HK$500,000. Citi Priority clients need to maintain the “Average Daily Combined Balance” of HK$500,000 or above, and will be eligible for monthly service fee waiver. Should the “Average Daily Combined Balance” fall below the minimum balance requirement for 3 consecutive months, a monthly service fee of HK$120 will be charged. For the fees of individual services, please refer to the latest service fee guide. A year of monthly service fees (12 months from the account opening date) will be waived for Citi Priority payroll clients with new funds of HK$200,000 or above and a salary of HK$50,000 or above. During the service fee waiver period, clients are required to deposit their salary of HK$50,000 or above every month, otherwise the Bank reserves the right to claim for a refund of the monthly service fee.
  • Citibanking clients who maintain an Average Daily Combined Balance of HK$10,000 or above (or equivalent) for the previous month will enjoy a waiver of HK$60 (or equivalent) monthly service fee. Service charges for certain products apply.
  • The "Average Daily Combined Balance" is calculated based on the sum of your daily balances of deposit, investment and accumulated paid premium of selected insurance products of all your single name account(s) and joint name account(s), divided by the number of calendar days in the month. Selected insurance products mean insurance policy(ies) with savings element or investment-linked insurance.
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  • New Funds Offer:
    To be entitled to relevant offers, new client is required to join Citigold Private Client / Citigold / Citi Priority during the Promotion Period and fulfill the following requirements:
    •  New clients must bring in the required new funds specified below within the first 2 calendar months from account opening (including the month of account opening and the month following):
    Banking Service New funds amount
    (HK$ or equivalent)
    Cash rebate (HK$) or Avios
    Citigold Private Client HK$8,000,000 HK$15,000 250,000
    Citigold HK$4,000,000 HK$7,000 120,000
    Citigold HK$1,500,000 HK$4,000 80,000
    Citi Priority HK$1,000,000 HK$2,500 50,000
    Citi Priority HK$500,000 HK$1,500 25,000

    •  Clients are required to maintain the new funds according to the hold fund period specified below and sign the fund maintenance agreement:
    Account Opening Date Hold Fund Period (until)
    October 1 to 31, 2017 March 31, 2018
    November 1 to 30, 2017 April 30, 2018
    December 1 to 31, 2017 May 31, 2018

    •  New clients must enroll in the e-Statement Service at the time of account opening.
    •  New clients can enjoy HK$200/HK$100 in shopping coupons upon successful opening of a Citigold/Citi Priority account through online appointment. The offer is subject to the terms and conditions printed on the coupon.
    •  New funds exclude transfer of funds within the Bank. Transfer-in Mutual Funds/Bonds/Securities (Hong Kong, US or A shares via Hong Kong Shanghai Connect) will be counted as New Funds. Only Mutual Funds/ Bond offered by Citibank (Hong Kong) Limited, Citibank, N.A., Citigroup Inc. will be accepted. The transfer-in process may take at least 2 to 3 months.