CITI WELCOME PROGRAM

Choose a partner
who understands you.

Choose a partner who understands you.

Start a Citi relationship and get cash credits when you open a Deposit Account with Citibank or an Investment Brokerage Account with Citicorp Financial Services and Insurance Brokerage Philippines, Inc. (CFSI).

Welcome gift for Citibanking clients

New Funds Cash Credits
(Deposit Account Only)
Cash Credits
(Deposit + Investment Brokerage Account)
P1,000,000 to P2,999,999 P1,000 P1,500
P3,000,000 and up P3,000 P4,500

Welcome gift for Citigold clients

New Funds Cash Credits
(Deposit Account Only)
Cash Credits
(Deposit + Investment Brokerage Account)
P4,000,000 to P9,999,999 P4,000 P7,000
P10,000,000 to P24,999,999 P10,000 P15,000
P25,000,000 and up P25,000 P35,000
Benefits

What you can enjoy as a Citi client

Free withdrawals worldwide

Free withdrawals worldwide

Withdraw for free from any ATM* in the Philippines and over 20,000 Citibank ATMs worldwide.

Free and instant online funds transfer

Free and instant online funds transfer

Transfer funds of up to USD50,000** via Citibank Global Transfers to Citibank accounts worldwide.

24/7 access to your Citibank account

24/7 access to your Citibank account

Check your balance, pay bill and more via Citibank Online, Citi Mobile Banking and CitiPhone.

Free-for-life Citi Card

Free-for-life Citi Card

Get a complimentary Citi Card of your choice***

Personalized Service

Personalized Service

Have a dedicated Personal Banker or Relationship Manager**

*Only Available for BancNet, Megalink, Expressnet ATMs in the Philippines and Citibank ATMs worldwide.

**Available to new Citigold clients with a minimum total relationship balance of P4,000,000.

***Available to new Citigold clients. Subject to credit verification. Once approved, card should remain in good credit standing.

Terms and Conditions

2016 ACQUISITIONS PROGRAM

  1. The 2016 Acquisitions Program will be open on March 1, 2016.
  2. New clients of Citibank, N.A. Philippines ("Citibank") and/or Citicorp Financial Services and Insurance Brokerage Philippines, Inc. ("CFSI") who qualify under the criteria set out below are eligible to participate in the Program.

    A new client is defined as a person who (a) opens a Citibank relationship as the Primary Account Holder in the relationship during the Program Period; (b) does not have any existing Citibank relationship, whether as primary, secondary or joint account holder. A client who has a closed Citibank relationship for more than 6 months at the time of the Program is also considered a new client.

  3. Only new clients of Citibank and CFSI who are not prohibited under the applicable Gifts, Anti-Bribery and Corruption laws, regulations and policies from participating in and/or qualifying for the Program will be considered as eligible availers ("Eligible Customers"). Incumbent government officials or employees, whether elected or appointed, corporate account and US persons (i.e. a citizen or lawful resident, green card holder of the United States of America) are not eligible to participate in this Program.
  4. A new client is eligible for the Program if he/she a) opens a relationship with a minimum opening primary balance of P1,000,000 (or its foreign currency equivalent) under the Citibanking segment or a minimum opening primary balance of P4,000,000 under the Citigold segment and b) submits a completely filled-out Wealth Management Referral Form.
  5. The Eligible Customer will earn cash credits equivalent to the Total Relationship Balance* based on the date of redemption.

    SEGMENT Total Relationship Balance (TRB) is on Deposits only on Date of Redemption Incentive
    Citibanking
    P1,000,000 to P2,999,999 P1,000
    P3,000,000 and up (Citibanking) P3,000
    Citigold
    P4,000,000 to P9,999,999 P4,000
    P10,000,000 to P24,999,999 P10,000
    P25,000,000 and above P25,000
  6. The Eligible Customer may earn additional cash credits if he/she invests in an investment product with CFSI for a minimum of P500,000 (or its foreign currency equivalent) for new Citibanking clients or a minimum of P1,000,000 (or its foreign currency equivalent) for new Citigold clients.

    SEGMENT Total Relationship Balance (TRB) is with Investments on Date of Redemption Incentive
    Citibanking
    P1,000,000 to P2,999,999 P1,500
    P3,000,000 and up (Citibanking) P4,500
    Citigold
    P4,000,000 to P9,999,999 P7,000
    P10,000,000 to P24,999,999 P15,000
    P25,000,000 and above P35,000
  7. The payment of cash credits will be subject to the applicable taxes to be shouldered by the Eligible Customer and may be included in the relevant tax reporting with the Philippine Bureau of Internal Revenue (BIR).
  8. The Eligible Customer can already redeem on the date the account has been opened and minimum TRB is met. If s/he redeems within 2 months from the account opening date, the cash credits credited to his/her account will be put on hold and will be available for withdrawal as the tenure of the account opened reaches 2 months. If the Eligible Customer redeems 2 months after the date account has been opened, the cash credits to his/her account will no longer be put on hold.
  9. The Eligible Customer can only redeem once during the program period. Redemption is allowed from the time account has been opened and funded or within 6 months from the time account has been opened.
  10. The Citibank or CFSI Account Officer will inform the Eligible Customer if he/she has qualified for the Program and shall require the Eligible Customer to fully accomplish and sign on the redemption form.
  11. The Total Relationship Balance declared to qualify for the Program should remain with Citibank or CFSI for a period of six (6) months. If the Eligible Customer booked in any investment product with CFSI liquidates or sells the same within a 6-month period, he/she should maintain his/her opening Total Relationship Balance declared for the Program. Should the Eligible Customer withdraw the funds within the six (6) month period stated above and fail to maintain the opening Total Relationship Balance declared for the Program, he/she will be charged the full cash credits to his/her account.
  12. By participating in the Program, the Eligible Customer hereby authorizes the transfer, disclosure and communication of information relating to his/her accounts to and from/between Citibank and CFSI and service providers for the purpose of verification, checking and validation.
  13. The Program and its offers are non-transferable. Cash credits should only be credited to the Eligible Customer's peso checking or savings account with Citibank.
  14. Citibank or CFSI reserves the right to change eligibility standards, client incentives and other provisions of this Program without prior notice to you.
  15. Citibank or CFSI may, at any time and without notice, cancel or terminate the Program.
  16. In case of dispute, Citibank's or CFSI's decision will be final.

*TRB is the consolidated balance of client's holdings in deposits with Citibank, N.A., Philippine Branch (Citibank) and in investments purchased through Citicorp Financial Services and Insurance Brokerage Philippines Inc. (CFSI). It includes all Checking & Savings account (CASA), Time-Deposits with Citibank as well as Bonds, Funds, and other investments purchased through CFSI.

For Deposit products of Citibank - Member: PDIC Maximum deposit insurance for each depositor P500,000.

For Investment brokered by CFSI- Not PDIC insured, not a bank deposit, no bank guarantee & may lose value.

Citibank is regulated by Bangko Sentral ng Pilipinas (BSP) while CFSI is regulated by the Securities and Exchange Commission (SEC) and Insurance Commission (IC). For any concerns, customers may send a message via www.citibank.com.ph or call the BSP Financial Consumer Protection Department at 708-7087708-7087, SEC Public Information and Assistance Hotline at 584-1119584-1119, IC Trunkline at 523-8461523-8461.