Below is a table of Citi Card Fees and Charges as of July 2015. These fees, charges and interest rates shall apply to all Citibank, N.A. - Philippine Branch issued credit cards.
|Card Type||Principal Card||Supplementary Card|
|Mercury Drug Citi||P2,000||P900|
|Citi Cash Back||P3,500||P1,750|
|Citi Platinum, Citi PremierMiles||P5,000||P2,500|
|Citi Gold, Rustan's Citi Gold||P2,500||P1,250|
|Cebu Pacific Citi||P2,800||P1,400|
|Rustan's Citi Platinum||P5,000||P2,500|
|Retail Monthly Effective Interest Rate||3.50%|
|Citi Cash Advance Monthly Effective Interest Rate*||3.64% inclusive of the Citi Cash Advance Service Charge|
Interest rates are quoted based on a 30-day period. For months with more (or less) than 30 days, the applicable interest rate shall increase (or decrease) accordingly. Interest is compounded monthly. In accordance with the Philippine Accounting Standards (PAS) definition, effective interest rate (EIR) is the rate that exactly discounts estimated future cash flows through the life of the loan to the net amount of loan proceeds. (BSP Circular No. 730, s2011)
*The applicable monthly effective interest rate for Citi Cash Advance transactions and related fees and charges for all Cards is 3.64% based on a principal amount of P20,600 (inclusive of the Cash Advance Service Charge).
|Citi Cash Advance Service Charge||
P500 or 3% of Citi Cash Advance Amount, whichever is higher. Additional Fee of P500 if the Citi Cash Advance is made over-the-counter.
|Monthly Late Charge||P500 or 6% of Past Due Amount, whichever is higher.|
|Foreign Transaction Service Fee||All charges made in foreign currencies will automatically be converted to Philippine Peso on the posting dates at the prevailing exchange rate determined by Visa/MasterCard. A fee of up to 3.525% will be imposed on the converted amount which represents our service fee and assessment fees charged by Visa/MasterCard.|
|Account Maintenance Fee||In case of any remaining credit balance on accounts with no transactions for more than 10 months or on closed Citi Card accounts, a monthly Account Maintenance Fee of P200 or the amount equivalent to the credit balance, whichever is lower, will be charged to the Citi Card account until the credit balance is zeroed out. The credit balance may also be transferred to another Citi Card account, if any, of the same customer.|
|Citi Call for Cash Manager's Check Delivery Charge||P50 shall be charged for the delivery of the Manager's Check availed under the Citi Call for Cash facility.|
|Cancellation Processing Fee||P300 applicable to Citi PayLite and Citi PayLite after Purchase.|
|4% of the unbilled principal component of the Installment Transaction Amount applicable to Citi Balance Conversion, Citi Balance Transfer and Citi Call for Cash.|
|Card Replacement Fee||P400 for each lost/stolen Card.|
|Overlimit Fee||P500 if (i) your Relationship Balance, the balance across all your Citi Cards (including unbilled principal on installment transactions, if any) exceeds your Relationship Limit (RL) or (ii) where your Card is on Account Credit Limit, if your account balance exceeds your Account Credit Limit. The fee will apply on the same day you exceeded your RL or Account Credit Limit and will be charged to the Card with the transaction that caused the overlimit. The fee will be reflected on your Card’s next statement and will only be charged once per statement period. However, if your Relationship Balance remains overlimit in the succeeding months, a P500 Overlimit Fee will be charged per month.|
|Returned Check Fee||P1500 will be charged for every check returned due to reasons such as but not limited to insufficient funds, uncollected deposits, stop payment order or closed account.|
|Charge Slip Retrieval Fee||P250 for each charge slip retrieved upon your request, for whatever reason. The same amount will be charged to you for each charge slip retrieved by the Bank arising from an invalid dispute.|
|Attorney's Fees & Liquidated Damages||In case of default in payment, the Cardholder is liable to pay, in addition to late and Interest Charges, the cost of collection and/or Attorney's fees and Litigation and Judicial expenses as applicable.|
These fees and charges shall apply to all Citibank, N.A. - Philippine Branch issued credit cards.
Below is a table of Citibank Ready Credit Fees and Charges as of June 2012.
|Annual Contractual Rate (applies to Ready Credit Loan)||
Annual contractual rate is from 26.9% to 37.9% (whichever is indicated in the Disclosure Statement);
* Effective interest rate (EIR) which includes Loan Processing Fee, Loan Disbursement Fee, and DST is from 31.5% to 46.4% using a sample loan amount of PHP250,000 at a 24 months loan period (exact EIR is indicated in the Disclosure Statement)
* EIR is computed as: (Total Interest + Loan Processing Fee + Loan Disbursement Fee + DST) / (Total outstanding balance/12)
|Monthly Interest Rate1||2.4% monthly revolving rate of interest will be applied to any or all of the following:
|Such interest shall be compounded daily and the interest will continue to accrue until full payment of Total Amount Due plus accrued interest.|
|Loan Processing Fee||P500 for each installment loan approved.|
|Loan Disbursement Fee||P120 for disbursement or release of loan proceeds for each installment loan approved.|
|Loan Closure Handling Fee||4% of unbilled principal component of the installment loan.|
|Monthly Late Charge||P500 or 6% of minimum amount due, whichever is higher.|
|Minimum Amount Due computation: P500 or 1% of your current billed balance will be charged, while Interest Charge and Late Charge indicated on your current statement will be billed in full together with Monthly Installment Amounts Due and overdue amount. The Total Amount Due will become your Minimum Amount Due upon closure of account or if account becomes delinquent (under the Bank's applicable criteria). The Total Amount Due will be billed and will be used as basis for the computation of any late charges.|
|Bounced PDC Fee||P1,500 will be charged for every post-dated check (PDC) returned due to reasons such as insufficient funds, uncollected deposits, stop payment order or closed account.|
|PDC Deferment Fee||P1,000 will be charged for every post-dated check (PDC) that you request to defer/delay for deposit as payment to your account..|
|PDC Replacement Fee||P750 will be charged for every post-dated check (PDC) that you request to pull-out and replace with another post-dated check(s) as payment to your account.|
|Account Maintenance Fee||In case of any remaining overpayments on closed RC account, a monthly Account Maintenance Fee of P200 or the amount equivalent to the credit balance, whichever is lower, shall be charged to the account until the credit balance is zeroed out.|
|Documentary Stamp Tax (DST) as required by local laws and regulations||P1 for every P200 of the installment loan approved that passed the criteria for determining the applicability of DST based on local laws and regulations.|
|Attorney's Fees and Liquidated Damages||In case of default in payment, the primary account holder is liable to pay in addition to Late and Interest Charges, the cost of collection and/or attorney's fees, liquidated damages, and the litigation and judicial expenses as applicable.|
1 Interest rates are quoted based on a 30-day period. For months with more (or less) than 30 days, the applicable interest rate shall increase (decrease) accordingly. Interest is compounded monthly.