Citi offers you Tax Season Loan with an Annualized Percentage Rate as low as 2.01%(a) and HK$0 handling fee. Successfully apply to get a top-of-the-range tablet – professional version or other smart products. Act now to enjoy a hassle-free tax season.
as low as 2.01%
up to 12X of your
as low as 2.01%
up to 12X of your
To apply for a Tax Season Loan, you will need to fulfill the following requirements:
- Hong Kong permanent resident aged 18 or above
- In full-time employment with present employer for at least 3 months
- Monthly salary of HK$6,000 or above.
Terms and Conditions：Terms and Conditions：
Citi Tax Season Loan Promotion (“Offer”) Terms and Conditions:
- The promotion period ("Promotion Period") is from October 15, 2018 to December 31, 2018, both dates inclusive.
- Customers who successfully apply for Citi Tax Season Loan within the Promotion Period and drawn down on or before January 18, 2019 with a specific loan amount and repayment term 12 months or above (“Eligible customers”) will be eligible for the Offer. Only applicable to customers who do not hold any Personal Loan account offered by Citibank (Hong Kong) Limited (“The Bank”) at the time of application.
- The Reward for Citigold Private Client/ Citigold/ Citi ULTIMA cardholders is only applicable to who fulfill the following requirements:
- existing Citigold Private Client/ Citigold Client who currently hold Citigold Private Client/ Citigold account or Citi ULTIMA cardholders who currently hold Citi ULTIMA card with The Bank on the date of application; AND
- existing Citigold Private Client should maintain the account balance at HK$8,000,000 or above, while Citigold Client should maintain the account balance at HK$1,500,000 or above from the date of application to the issue date of redemption letter.
- The Annualized Percentage Rate ("APR") of 2.01% is calculated based on the monthly flat rate 0.09% with loan amount of HK$1,500,000 and repayment tenor of 12 months. APR is calculated based on the guidelines as set out in the Code of Banking Practice and rounded up to the nearest two decimal places. Interest is calculated on the basis of 365 days per year. The actual APR applicable may differ. For definition of Annualized Percentage Rate ("APR"), please refer to clause (6).
- The loan amount is up to 12 times of monthly salary or HK$2,000,000, whichever is lower.
- APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate.
- A cash coupon/ premium redemption letter (if applicable) will be mailed to the Eligible Customer’s correspondence address according to bank’s record on or before May 31, 2019.
- Cash coupon/ premium reward is subject to availability. The Bank reserves the right to offer an alternative gift or benefit in substitution of the cash coupon/ premium reward without prior notice. Cash coupon/ premium reward cannot be converted to cash and are not replaceable in the event of any loss or damage. The use of the cash coupon reward is bounded by the relevant terms and conditions printed therein and The Bank accepts no liability in respect of the quality of the products and services provided by the supplier involved in this promotion. The respective suppliers are responsible for all obligations and liabilities in relation to such products or services.
- Each Eligible Customer can enjoy the Reward once during the Promotion Period.
- Citibank Personal Loan account of Eligible Customers must be valid and in good condition without any late payment or early repayment, otherwise The Bank reserves the right to forfeit the eligibility of an Eligible Customer to participate in this promotion and the Eligible Customer shall immediately repay to The Bank full amount of Reward under this promotion.
- If Eligible Customers have made early settlement of /cancelled Citi Tax Season Loan accounts after the Rewards are awarded, The Bank reserves the right to charge:
- the full amount of the cash coupon/premium reward (if applicable); AND
- the early repayment fee for the Citi Tax Season Loan (which is based on a rate on the entire principal amount as set out in the Drawdown Letter)
- The Offer cannot be used in conjunction with any other promotional offers.
- Citi Tax Season Loan is the product of Citibank Personal Loan and is subject to the "Terms and Conditions for Citibank Personal Loan".
- The Bank reserves the right to amend these terms and conditions at any time without prior notice.
- In case of dispute, the decision of The Bank shall be final and conclusive.
- 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.
|Loan Amount (HK$)||Reward for other customers||Reward for Citigold Private Client (CPC) / Citigold / Citi ULTIMA cardholders|
|HK$1,000,000 or above||Top-of-the-range Tablet
(Reference retail price HK$2,588)
|Top-of-the-range Tablet - Professional Version (Reference retail price HK$4,988)|
|HK$200,000 to HK$999,999||HK$1,200 Cash Coupon||Top-of-the-range Smart Watch
(Reference retail price HK$2,688)