TAX SEASON LOAN

A Tax Season Loan offer that’s hard to beat

A Tax Season Loan offer that’s hard to beat

Looking for a loan with low interest rates? Citi brings you a Tax Season Loan with an Annualized Percentage Rate as low as 1.59%e. You can even enjoy this offer without opening a banking or credit card account. Apply now to enjoy our ultra-low rates.

Annualized Percentage Rate as low as 1.59%
Citigold Exclusive Privileges - Enjoy APR as low as 1.00%f

Top reasons to get a Tax Season Loan

  • Loan amount up to HK$2,000,000a
  • HK$0 handling fee
  • Repayment term up to 48 monthsb
  • No hidden terms and conditions
  • Loan amount up to HK$2,000,000a
  • HK$0 handling fee
  • Repayment term up to 48 monthsb
  • No hidden terms and conditions

Act Now

Act Now

Apply by phone

(852) 2963 6413c(852) 2963 6413c

Act Now

Apply by phone

(852) 2963 6413c(852) 2963 6413c

RATE TABLE
Loan Amount APRd Monthly Interest Amountd
(For every HK$100,000 Loan Amount)
>= HK$1,000,000 1.59% HK$92
HK$500,000 - < HK$1,000,000 2.24% HK$125
HK$200,000 - < HK$500,000 2.37% HK$139
HK$100,000 - < HK$200,000 2.59% HK$165


Citigold Exclusive Privileges

Loan Amount APRd,f Monthly Interest Amountd,f
(For every HK$100,000 Loan Amount)
New Client: Up to HK$5,680 Interest Rebatef
>= HK$1,000,000 1.00% HK$92
Existing Client: Up to HK$3,000 Cash Couponh
>= HK$1,000,000 1.50% HK$92
HK$500,000 - < HK$1,000,000 2.05% HK$125
HK$200,000 - < HK$500,000 2.27% HK$139
How To Apply

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.
  • Maximum annualized percentage rate is 5.97% with a flexible repayment period of 6 to 48 months, and handling fee is HK$0. T&C apply.
  • Example: Customer A borrows a 12-month loan of HK$200,000 at a monthly flat rate of 0.126% (APR2.82%), with HK$0 handling fee. Total loan repayment amount: HK$203,024
  • Card Debt Consolidation Loan Clear card debt in one go
  • Personal Loans Loan solutions offer you easy repayments with clear terms and professional advice

Remarks:Remarks:

a.
Loan amount is up to 12x times of your monthly salary or HK$2,000,000, whichever is lower.
b.
Repayment period is of 6 to 48 months.
c.
Application hotline service hours: Monday to Friday 9:00am - 7:00pm.
d.
The example is for reference only. 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, subject to 12-month tenor and loan amount of HK$1,000,000, HK$500,000, HK$200,000 (For the Citigold exclusive offer, the APR with coupon reward for a loan amount of HK$200,000 - <HK$500,000 is based on a loan amount of HK$290,000) and HK$100,000 and inclusive of the cash coupon rewards (if any). Interest is calculated on the basis of 365 days per year. The actual monthly flat rate and APR may differ and are subject to the actual loan amount and credit assessment result of individual customer. For definition of APR, please refer to clause (g).
Loan Amount (HK$) Monthly Flat Rate APR APR- For Citigold exclusive offer APR Monthly Interest Amount (HK$)
(with coupon rewards) (with coupon rewards) (without coupon rewards) (For every HK$100,000 Loan Amount)
>/=$ 1,000,000 0.092% 1.59% 1.50% 2.05% $92
$500,000 - < $1,000,000 0.125% 2.24% 2.05% 2.79% $125
$200,000 - < $500,000 0.139% 2.37% 2.27% 3.11% $139
$100,000 - < $200,000 0.165% 2.59% 2.59% 3.71% $165
e.
The Annualized Percentage Rate ("APR") of 1.59% is only applicable to selected individual customers and is calculated based on the monthly flat rate 0.092% with loan amount of HK$1,000,000 and tenor of 12 months, inclusive of HK$2,500 cash coupon reward(APR is 2.05% without the coupon reward). 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 APR, please refer to clause (g).
f.
The APR of 1% is only applicable to selected individual clients and is calculated based on the monthly flat rate 0.092% with a loan amount of HK$1,000,000 and tenor of 12 months, inclusive of HK$5,680 interest rebate (APR is 2.05% without the interest rebate). APR is calculated based on the guidelines as set out in the Code of Banking Practice and rounded up to the nearest two decimal places. Interest is calculated on the basis of 365 days per year. The actual APR applicable may differ. For definition of APR, please refer to clause (g).
Loan Amount (HK$) Interest Rebate (HK$) Monthly Flat Rate APR
(with Interest Rebate) (without Interest Rebate)
$1,000,000 or above $5,680 0.092% 1.00% 2.05%
g.
An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate.
h.
Cash coupon rewards are only applicable to customers ("Eligible Customers") who successfully apply between October 1, 2016 and January 31, 2017, both dates inclusive ("Promotion Period"), and drawdown a Citibank Tax Season Loan (with specified loan amount and repayment terms of 12 to 48 months) on or before January 31, 2017. Customers who currently hold any Citibank Personal Loan account with Citibank (Hong Kong) Limited ("Citibank") on the date of application is not eligible.
Loan Amount (HK$) Cash Coupon (HK$)
>=$1,000,000 $2,500
$500,000 - < $1,000,000 $1,500
$200,000 - < $500,000 $800
$100,000 - < $200,000 $600
Extra HK$500 Cash Coupon will be offered to existing Citigold Client / Citigold Private Client / Citi Ultima Card cardholder who draws down a Citibank Tax Season Loan with loan amount >=HK$200,000 and repayment terms of 12 to 48 months.

Terms and Conditions:Terms and Conditions:

Promotional Terms & Conditions of Citibank Tax Season Loan

  • The Annualized Percentage Rate ("APR") of 1.59% is only applicable to selected individual customers and is calculated based on the monthly flat rate 0.092% with loan amount of HK$1,000,000 and tenor of 12 months, inclusive of HK$2,500 cash coupon reward (APR is 2.05% without the coupon reward). APR is calculated based on the guidelines as set out in the Code of Banking Practice and rounded up to the nearest two decimal places. Interest is calculated on the basis of 365 days per year. The actual APR applicable may differ. For definition of APR, please refer to clause (8).
  • Cash coupon rewards are only applicable to customers ("Eligible Customers") who successfully apply between October 1, 2016 and January 31, 2017, both dates inclusive ("Promotion Period"), and drawdown a Citibank Tax Season Loan (with specified loan amount and repayment terms of 12 to 48 months) on or before January 31, 2017. Customers who currently hold any Citibank Personal Loan account with Citibank (Hong Kong) Limited ("Citibank") on the date of application is not eligible.
    Loan Amount (HK$) Cash Coupon (HK$)
    >=$1,000,000 $2,500
    $500,000 - < $1,000,000 $1,500
    $200,000 - < $500,000 $800
    $100,000 - < $200,000 $600
  • Extra HK$500 Cash Coupon will be offered to existing Citigold Client / Citigold Private Client / Citi Ultima Card cardholder who draws down a Citibank Tax Season Loan with loan amount >=HK$200,000 and repayment terms of 12 to 48 months.
  • Loan amount is up to 12 times of monthly salary or HK$2,000,000, whichever is lower.
  • Repayment period is from 6 to 48 months.
  • The example is for reference only. 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, subject to 12-month tenor and loan amount of HK$1,000,000, HK$500,000, HK$200,000 (For the Citigold exclusive offer, the APR with coupon reward for a loan amount of HK$200,000 - <HK$500,000 is based on a loan amount of HK$290,000) and HK$100,000 and inclusive of the cash coupon rewards (if any). Interest is calculated on the basis of 365 days per year. The actual monthly flat rate and APR may differ and are subject to the actual loan amount and credit assessment result of individual customer. For definition of APR, please refer to clause (8).
    Loan Amount (HK$) Monthly Flat Rate APR APR- For Citigold exclusive offer APR Monthly Interest Amount (HK$)
    (with coupon rewards) (with coupon rewards) (without coupon rewards) (For every HK$100,000 Loan Amount)
    >/=$ 1,000,000 0.092% 1.59% 1.50% 2.05% $92
    $500,000 - < $1,000,000 0.125% 2.24% 2.05% 2.79% $125
    $200,000 - < $500,000 0.139% 2.37% 2.27% 3.11% $139
    $100,000 - < $200,000 0.165% 2.59% 2.59% 3.71% $165
  • Reward redemption letter will be mailed to the Eligible Customers correspondence address on or before April 30, 2017.
  • 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.
  • Cash coupon rewards are subject to availability. Citibank reserves the right to offer alternative gift or benefit in substitution of the cash coupon rewards without prior notice. Cash coupon rewards cannot be converted to cash and are not replaceable in the event of any loss or damage. The use of the cash coupon rewards are bounded by the relevant terms and conditions printed therein and Citibank 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 product or services.
  • Citibank Tax Season Loan accounts of Eligible Customers must be valid and in good condition without any late payment or early repayment, otherwise Citibank reserves the right to forfeit the eligibility of an Eligible Customer to participate in this promotion and the Eligible Customer shall immediately repay to Citibank the full amount of cash coupon rewards under this promotion.
  • If Eligible Customers have made early settlement of /cancelled Citibank Tax Season Loan accounts after the cash coupon rewards are awarded, Citibank reserves the right to charge:
    - the full amount of the cash coupon rewards (if applicable); AND.
    - the early repayment fee for Citibank Tax Season Loan (which is based on a rate on the entire principal amount as set out in the Drawdown Letter) (if applicable).
  • Citibank Tax Season Loan is the product of Citibank Personal Loan and is subject to the "Terms and Conditions for Citibank Personal Loan".
  • Citibank reserves the right to amend these terms and conditions at any time without prior notice.
  • In case of dispute, the decision of Citibank 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.

Terms & Conditions of Citigold Tax Season Loan Offer(“Citigold Client Offer ”)

  • The program period is from December 13, 2016 to January 31, 2017, both dates inclusive (“Program Period").
  • The Citigold Client Offer is only applicable to Citigold clients who successfully open a Citigold account with Citibank (Hong Kong) Limited ("Citibank") from November 1, 2016 to January 31, 2017 and fulfill the following requirements ("Eligible Client"):
    - Deposit to Citibank with new funds no less than HK$1,500,000 and maintain the “Average Daily Combined Balance” of HK$1,500,000 or above until March 31, 2017 AND
    - Successfully apply for and draw down a Citibank Tax Season Loan of HK$1,000,000 or above and repayment terms of 12 months or above during the Program Period AND
    - Clients who currently hold any Citibank Personal Loan account are not eligible
  • The full amount of interest rebate will be credited to each Eligible Client’s Citibank Personal Loan account on or before March 31, 2017 without further notice. The interest rebate can only be used to offset the monthly instalment and is not transferable and cannot be converted to cash or withdrawn from Citibank Personal Loan account.
    Loan Amount (HK$) Interest Rebate (HK$) Monthly Flat Rate APR
    (with Interest Rebate) (without Interest Rebate)
    $1,000,000 or above $5,680 0.092% 1.00% 2.05%
  • The APR of 1% is only applicable to selected individual clients and is calculated based on the monthly flat rate 0.092% with a loan amount of HK$1,000,000 and tenor of 12 months, inclusive of HK$5,680 interest rebate (APR is 2.05% without the interest rebate). 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 APR, please refer to clause (7).
  • The loan amount is up to 12 times monthly salary or HK$2,000,000, whichever is lower.
  • Repayment period is from 6 to 48 months.
  • 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.
  • Citibank Tax Season Loan accounts of Eligible Client must be valid and in good condition without any late payment or early repayment, otherwise Citibank reserves the right to forfeit the eligibility of an Eligible Client to participate in this promotion and the Eligible Client shall immediately repay to Citibank the full amount of interest rebate under this promotion.
  • If Eligible Client have made early settlement of /cancelled Citibank Tax Season Loan accounts after the interest rebate is awarded, Citibank reserves the right to charge:
    - the full amount of the interest rebate (if applicable); AND
    - the early repayment fee for Citibank Tax Season Loan (which is based on a rate on the entire principal amount as set out in the Drawdown Letter) (if applicable).
  • Citibank Tax Season Loan is the product of Citibank Personal Loan and is subject to the "Terms and Conditions for Citibank Personal Loan".
  • The Citigold Client Offer is not applicable to U.S. persons.
  • The Citigold Client Offer cannot be used in conjunction with any other promotional offers.
  • Citibank reserves the right to amend these terms and conditions at any time without prior notice.
  • In case of dispute, the decision of Citibank 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.