Citi®

Citi®
Improve your credit score with the free CreditCheck app

As a smart consumer, you should be aware of your financial health before applying for personal loans, mortgages or credit cards. A good credit score could help you get lower interest rates or higher loan amounts. With the Credit Check app supported by Citi, you get a free overview of your credit score. Credit Check also lets you see all your credit accounts at a glance. By helping you keep track of your financial health, Credit Check leads to better offers on credit-related products.

Credit Check Key Features

See your credit score from A to J to know more about your credit health.

View all your credit accounts across different financial institutions for a complete, up-to-date picture of your credit history.

In-app balance transfer simulation gives you an idea of possible financial options that can help you save on interest.

Never miss a due date! Sync all payment due dates to the in-app calendar and set up reminder alerts.

As a smart consumer, you should be aware of your financial health before applying for personal loans, mortgages or credit cards. A good credit score could help you get lower interest rates or higher loan amounts. With the Credit Check app supported by Citi, you get a free overview of your credit score. Credit Check also lets you see all your credit accounts at a glance. By helping you keep track of your financial health, Credit Check leads to better offers on credit-related products.

Credit Check Key Features

See your credit score from A to J to know more about your credit health.

View all your credit accounts across different financial institutions for a complete, up-to-date picture of your credit history.

In-app balance transfer simulation gives you an idea of possible financial options that can help you save on interest.

Never miss a due date! Sync all payment due dates to the in-app calendar and set up reminder alerts.

Terms and Conditions

1. Credit Check App is designed for Hong Kong residents’ use only.
2. Credit Check App is provided by Mtel Limited and may carry risks including, without limitation, any loss or damage caused to your data, mobile phone or mobile phone setting or equipment, any interception, interruption or corruption of instruction / transmission or unauthorized use of password due to auto-password-saving feature of certain mobile phone. Mtel Limited cannot be held responsible for any of such risks. If you accept these risks and all consequences arising thereof, we are pleased to provide the Credit Check App service to you. You are recommended to set up a passcode lock on your mobile phone to protect your data.
3. Mtel Limited have the right to limit the number of times for credit data downloaded from TransUnion Limited (“TransUnion”) for both new enquiry and refresh of the credit data.
4. If the user failed the identity check, he/she has to contact TransUnion to unlock their account.
5. The data displayed in Credit Check app contains a number of assumptions. This includes:
a. The Credit Check App will only display the following information:
Account types:
 
- Secured HP/ Leasing Accounts, Installment Accounts, Charge Card and Credit Cards & Revolving Loan will be shown. Mortgage, Corporate Cards and Others are excluded.
Account Status
 
- Active, Default amount settled, inactive, past due and legal action accounts will be shown. Write-off, Bankruptcy Write-off and Closed accounts are excluded.
Account Associate Code
 
- Individual account will be shown, company and accounts that the user has guaranteed but are not opened under the user’s name will be excluded.
b. Accounts in Hong Kong Dollar will be summed up and shown under the consolidated view of the "Total Outstanding Balance" and "Monthly Installment". Any other currencies will only be shown in individual account level.
c The outstanding balance of the credit cards accounts displayed includes the entire balance of the credit card installment loan.
d Credit Used = Outstanding balance / Credit Limit, only Revolving Loan(s) and Credit Cards will be counted.
Exceptions:
 
- overlimit accounts, 100% will be shown
- accounts with credit balance, 0% will be shown
e Calculation of interest and repayment for selected balance transfer account(s):
Credit Card(s):
 
Assumptions for interest calculation:
 
- Assume minimum repayment is made on or before the payment due date of each statement month and only minimum payment is made on each month with no additional spending in the coming months
- Minimum Payment = [(Outstanding balance - Finance Charge) X 1.5% + Finance Charge at 2.5% of the outstanding balance] (subject to a minimum of HK$50)
Assumptions for Monthly repayment:
- Monthly repayment is the average of the first 6-month minimum payment rounded up to the nearest dollar
Revolving Loan(s):
Assumptions for interest calculation
 
- Assume minimum repayment is made on or before the payment due date of each statement month and only minimum payment is made on each month with no additional spending in the coming months
- Minimum Payment = [(Outstanding balance - Finance Charge) X 1.5% + Finance Charge at 2.5% of the outstanding balance] (subject to a minimum of HK$50)
Assumptions for Monthly repayment:
- Monthly repayment is the average of the first 6-month minimum payment rounded up to the nearest dollar
Charge Card(s):
Assumptions for interest calculation
 
- Assume HK$0 interest
Assumptions for Monthly repayment:
- Whole outstanding balance will be the monthly repayment
Installment Loan(s)
Assumptions for interest calculation
 
- Derive the remaining tenor: outstanding balance/ monthly installment (round up to the nearest month)
- Based on the “Constant Yield” method in which interest is calculated by applying an effective rate of interest to the remaining principal and sum up the remaining interest payment
Assumptions for Monthly repayment:
- Monthly installment amount is retrieved from TransUnion
Calculation of interest and repayment for the new loan is based on the Total Loan Amount, Selected Tenor and Selected Monthly Flat rate with 0% handling fee per annum
f The interest saving is calculated using the expenses for the selected debt consolidation accounts minus the new loan expenses. The “monthly installment may be reduced by” value is calculated using the total monthly repayment amount of the selected debt consolidation accounts minus the monthly repayment amount for the new loan. Any calculation results or values in the application are for illustration purposes only and may not include all applicable charges. The actual interest saving, if any, and monthly repayment amount may vary.
g The calculation result is for reference only.
6. The application is not an offer of credit. Mtel Limited does not represent any financial institution to provide loan facilities and is not in a position to be an intermediary for loan referrals.
7. Annualized Percentage Rate (APR) is calculated in accordance with the method set out in the relevant guidelines referred to in the Code of Banking Practice and rounded up to the nearest two decimal places. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate. The monthly installment amount is rounded up to the nearest integer.
8. For the function of payment reminder, Mtel Limited will not be responsible or liable if the reminder is not functioning properly or the date input is not equivalent to the actual payment terms of the credit facility(ies).
9. The credit data displayed in this Credit Check App are not the real time data from the credit providers, and the information is for reference only, the actual repayment amount, payment due date should reference to the communication/ statement sent from the credit provider. Mtel Limited are not responsible / liable to any interest, fees and penalty if there's any discrepancy of the data display against the real time/ actual payment terms required by the credit provider. The information or data may be subject to update and changes. Mtel Limited do not undertake any liability or responsibility for the details, accuracy or completeness of any content or information provided through the application.
10. All data from TransUnion will be shown in English only.
11. Mtel Limited may assign or transfer any of the company's interest, rights or obligations under the Credit Check App without prior notice to the user.
12. In the event of discrepancy or inconsistency between this English version of the terms and conditions and the Chinese version, the English version shall prevail.
   
 
Glossary
TransUnion's terminology Credit Check App Display name
Hire Purchase Contract Hire Purchase
Leasing Contract Leasing
Stocking Loan Stocking Loan
Secured Short Term Loan Secured Short Term Loan
Marine Mortgage Marine Mortgage
Equipment Mortgage Equipment Mortgage
Secured Revolving Account Secured Revolving A/C
Non-term Advance Registration Non-term Advance Registration
Other Secured Loan Other Secured Loan
Outstanding Shortfall Loans from HP/Leasing Contract Shortfall Loans from HP/Leasing
Unsecured Installment Loan Unsecured Installment Loan
Unsecured Tax Loan Unsecured Tax Loan
Unsecured Short Term Loan Unsecured Short Term Loan
Unsecured Decoration Loan Unsecured Decoration Loan
Restructured Loan Restructured Loan
Secured Installment Account (Fully/ Partly Secured Secured Installment A/C
Charge Card Charge Card
UnionPay Classic Card UnionPay Classic Card
UnionPay Gold Card UnionPay Gold Card
UnionPay Platinum Card UnionPay Platinum Card
Visa Card Classic Visa Card Classic
Visa Card Gold Visa Card Gold
MasterCard Standard MasterCard Standard
MasterCard Gold MasterCard Gold
Non Visa & MasterCard- Classic Equivalent Classic Card
Visa Card Platinum & Infinite & Highly Positioned Card Visa Card Platinum or above
MasterCard Platinum & Highly Positioned Card MasterCard Platinum or above
Private Label Card Private Label Card
Non Visa & MasterCard - Gold Gold Card
Non Visa & MasterCard - Platinum & Highly Positioned Card Platinum Card or above
Unsecured O/D Facility Unsecured O/D Facility
Unsecured Revolving Credit Account Unsecured Revolving Credit A/C
Revolving Investment Account Revolving Investment A/C
Secured Revolving Account (Fully/ Partly Secured) Secured Revolving A/C
Secured O/D Account (Fully/ Partly Secured) Secured O/D A/C
Secured Margin Account (Fully/ Partly Secured) Secured Margin A/C