The annualized percentage rate (“APR”) ranges from 1.56% to 35.78%, with repayment period of 6 to 60 months.

The Annualized Percentage Rate ("APR") of as low as 1.56% is calculated based on the monthly flat rate 0.07% with loan amount of HK$1,000,000 and repayment tenor of 12 months.

The Annualized Percentage Rate ("APR") of as low as 35.78% is calculated based on the monthly flat rate 1.46% with loan amount of HK$100,000 and repayment tenor of 18 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, which is to be considered on a case-by-case basis in accordance with customer’s profile. 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 maximum APR will change and subject to monthly flat rate amendment. The Bank reserve the right to amend the monthly flat rate and APR. The loan application is subject to the Bank’s approval. For a loan amount of HKD1,000,000 with 12 months repayment period, the monthly flat rate is 0.07% (APR 1.56%), and the total loan repayment amount is HKD1,008,400 (including full handling fee waiver). The above example is for reference only.

Remarks:

a. The Annualized Percentage Rate ("APR") of as low as 1.56% is calculated based on the monthly flat rate 0.07% with loan amount of HK$1,000,000 and repayment tenor of 12 months, and is applicable to selected customers. This promotion is offered on a first-come, first served basis and The Bank will not provide the quota usage. 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, which is to be considered on a case-by-case basis in accordance with customer's profile. 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

b. Loan amount of Citi Tax Season Loan is up to 12x times of your monthly salary or HK$3,500,000, whichever is lower.

c. Repayment period of Citi Tax Season Loan is of 6 to 60 months.

d. “Instant Disbursement Upon Loan Approval” is only applicable for disbursement to participating banks of Faster Payment System (FPS), and is subject to Citi’s loan approval and availability of FPS, while the crediting to the recipient’s account is subject to the recipient bank’s handling. Processing time may vary in some cases depending on the actual circumstances of individual applications.