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Citibank Credit Card Terms and Conditions

Terms and Conditions
 
1.
The Citibank promotion ("Promo") has been extended until January 31, 2010. The Redemption Period is until April 1, 2010. As approved by DTI-NCR.
2.
The Promo is open to all who are approved for a Citi Card as a Principal or Supplementary cardholder within the Promo Period ("Cardholders").
3.
Cardholders will receive a Promo Voucher that would entitle them to purchase the following item/s at the exclusive discounted 0% Citi PayLite price stated below under the applicable terms:
 
Product Samsung Star S5233 Canon Powershot D10 Dell Vostro A840
Price to Cardholder P10,000 P18,900 P26,600
0% Citi PayLite Price (14 Months) P715 P1,350 P1,900
   
Bonus for Online Applications, P500 Additional Discount
4.
Online applications are eligible for a P500 rebate. This is applicable for principal cardholders who applied through the Citi website (www.citibank.com.ph) within the Promo Period, purchased any of the items above and are in good credit standing. This will be credited to their new Citi Card account within 60 days after the purchase of any of the Promo Items.
5.
Principal cardholders may receive the P500 rebate only once regardless of the number of Promo Items purchased.
   
To Purchase the Promo Item/s
6.
To avail of this offer, the Cardholder must:
 
  • present the original Promo Voucher at the participating Silicon Valley branches listed below.
  • pay for the Promo Item/s at the discounted price stated here using the newly opened Citi Card through 0% PayLite Installment Plan with a tenor of 14 months. If the charging of the installment transaction to the Citi Card is unsuccessful or is not approved due to insufficiency in credit limit or any other reason, the Cardholder will not be entitled to avail of the exclusive discounted price.
7.
During the Promo Period, Cardholders must maintain their Citi Card in good standing. The monthly PayLite Installment Due forms part of the minimum amount due in the Statement of Account. The monthly PayLite installment is computed as the total amount payable (the "Total Amount Payable") divided by the term (the "Term"), which is fourteen (14) months. If the Cardholder chooses to pay only a portion of his Total Amount Due as indicated in the Statement of Account, the unpaid portion of the Citi PayLite Installment Due shall be subject to the monthly finance charge at the prevailing rate of his/her card type. Usual late payment charge applies. Pre-payment of the Citi PayLite Installment Plan shall be allowed without pre-payment penalty. Should the Cardholder wish to terminate his/her Citi PayLite transaction’s before the Term ends, he/she must pay the remaining Citi PayLite principal amount plus a handling fee of P1,000.
8.
In the event that the Cardholder availed of the Promo Item and the Cardholders Citi Card is cancelled either by the Cardholder or by Citibank, within fourteen (14) months from date of card approval the Cardholder must pay the remaining Citi PayLite principal amount and the Citi PayLite handling fee of P1,000.  
9.
The discounts and 0% PayLite with a fourteen (14) month tenor mentioned here are only applicable to the Promo Items during the Promo and Redemption Period.
10.
Promo Voucher may not be re-produced, re-printed and distributed. If Cardholder has availed of the Promo under fraudulent means, as determined by Citibank according to the terms set forth herein, Citibank shall have the right to charge the difference between the discounted price and the retail price of the Promo Items to the Cardholder’s Citi Card.
11.
All Promo Items shall be covered by the standard manufacturer’s warranty. Citibank gives no representation or warranty with respect to the quality the Promo Items or its suitability for any purpose. Any disputes in relation to warranty and quality of the Promo Items shall be settled directly between the Cardholder and Silicon Valley, Citibank will bear no responsibility for resolving such disputes and Cardholder is to liaise directly with Silicon Valley and/or manufacturer/s for such warranty information. For more information on the product/s please call or visit one of the Silicon Valley branches listed here:
 
Silicon Valley Branches:
  • Call: (632) 371.6868
  • Go to:
    Silicon Valley Mega Stores
    SM City Cebu
    SM City North EDSA Annex
    SM Megamall

    Silicon Valley Branches
    Alabang Town Center
    Harrison Plaza
    NCCC Mall Davao
    Parksquare 1
    Robinsons Place Manila
    Robinsons Place Pioneer
    SM City Bacoor
    SM City Baliwag
    SM City Bicutan
    SM City Cebu
    SM City Clarkfield
    SM Citi Manila
    SM City Marikina
    SM City Naga
    SM City Pampanga
    SM City Rosales
    SM City Sta. Rosa
    SM Mall of Asia
    SM Muntinlupa
    SM Southmall
    Trinoma
12.
Items accepted in good condition are covered and subject to the respective manufacturers one (1) year warranty. Prior to acceptance, the Cardholder should examine the item to ensure that he/she is satisfied with the item. In the event of dispute or complaint, kindly contact Silicon Valley for assistance. Citibank is under no obligation to handle any disputes or complaints in relation to the Promo Items or be liable to the Cardholder. Citibank is also under no obligation to reverse the charge to the Citi Card in the event of a dispute or complaint between the Cardholder and Silicon Valley.
13.
The use of Citi Cards are subject to the standard Terms and Conditions Governing the Issuance and Use of Citibank Credit Cards.
           
     
Per DTI-NCR Permit No. 3616, Series of 2009.
 
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