Shop at the participating merchant's e-commerce website.
To avail of 0% Citi PayLite Online from the selected merchant, either:
Option 1: Choose the "Installment (Credit Card)" payment method. Select "Citi" and enter your credit card details.
Option 2: Select Paynamics as payment method. Choose Citibank Installment and enter your credit card details to confirm the payment.
*Minimum spend is required depending on chosen tenor.
Once successful, you will receive an email from the Payment Gateway regarding your successful transaction. This will serve as your charge slip.
After 3-5 Banking Days, you will receive an SMS detailing whether your request to convert your transaction has been approved or rejected.
Shop online anytime, anywhere with your
Citi credit card at participating online merchants.
Enjoy the flexibility and convenience of paying at 0% Citi PayLite.
Enjoy easy and lighter payments of up to 36 months for all purchases online at participating online merchants.
Swipe your Citi credit card at participating merchants.
Sign the 0% Citi PayLite charge slip to acknowledge the terms and conditions and proceed with the request to convert to installments, which is subject to Citibank's approval.
You will receive an SMS regarding the outcome of your request for conversion to 0% Citi PayLite.
Shop at the participating merchant's e-commerce website.
To avail of 0% Citi PayLite Online from the selected merchant, either:
Option 1: Choose the "Installment (Credit Card)" payment method. Select "Citi" and enter your credit card details.
Option 2: Select Paynamics as payment method. Choose Citibank Installment and enter your credit card details to confirm the payment.
*Minimum spend is required depending on chosen tenor.
Once successful, you will receive an email regarding your 0% Citi PayLite transaction.
After 3-5 Banking Days, you will receive an SMS detailing whether your request to convert your transaction has been approved or rejected.
For purchases made on or before Jan 5, 2021 you may view Terms and Conditions here.
In these terms and conditions of the Citi PayLite Installment Plan (“Terms and Conditions”), “Card” means all credit cards issued by us, Citibank, N.A. (Philippine Branch) (also referred to as “we”, “our”, or “us”), while “you” refers to the Cardholders whose Citi credit cards have been locally issued by us (“Cardholder”), and which are active and in good credit standing.
By availing of the Citi PayLite Installment Plan, you agree to the following Terms and Conditions, and all applicable terms and conditions under the Citi Card Agreement and all related provisions of the Citi Installment Facilities; these can be viewed at www.citibank.com.ph/global_docs/pdf/cardstandc.pdf.
The Citi PayLite Installment Plan (which includes Citi PayLite NOW, formerly 0% Citi PayLite, and Citi PayLite with Converted Monthly Factor Rate [“CMFR”], formerly Regular PayLite) is an Installment facility available to Citi Cardholders for purchases of select goods and services at accredited Citi PayLite merchants (“Merchants”) in the Philippines, using the Citi credit card. It is subject to approval based on the available Relationship Limit or Account Credit Limit / Spend Limit, as applicable, at the time of purchase.
Under the Citi PayLite Installment Plan, the Citi Cardholder can pay for the purchase amount (“Principal Amount”), together with applicable interest and other fees, if any, in equal monthly installments (“Installment Transaction”) for the term (“Term”). The equal monthly installments will, after the Merchant submits the transaction for settlement (“Posting Date”), be billed to the Credit Card Statement of Account every month until the end of the Term.
The Citi PayLite Installment Plan is available for single-receipt purchases of at least P3,000 or such other amount as may be determined by Citibank from time to time.
You may pay for your purchases via the Citi PayLite Installment Plan at 3, 6, 9, 12, 18, 24 and 36-month terms or as otherwise specified by the Merchant offering the Citi PayLite Installment Plan.
The Monthly Installment Due will be billed and reflected on your Statement of Account after the Posting Date as [Merchant Name (001:00x)] and so forth.
You may compute the monthly installment due (“Monthly Installment Due”) using the following formula:
Principal Amount x [1 + (Converted Monthly Factor Rate x Term)]
--------------------------------------------------------------------------------------------------------
Term
Where Term is the number of months that you chose for your Installment Transaction.
Each Monthly Installment Due of your Installment Transaction will be included in the Minimum Amount Due in your Statement of Account until the end of the Term of the Installment Transaction.
(a) The Monthly Installment Due of your Citi PayLite NOW Installment Transaction comprises the billed Principal of your Installment Transaction.
(b) 1% of the billed MID and 1% of the unbilled Principal of your Citi PayLite NOW Installment Transaction will be included in the Minimum Amount Due in your SOA until the end of the Term of the Installment Transaction.
(c) We will charge the interest rate and/or fees, if any, as disclosed at the date of availing the installment transaction which shall be applicable during its entire Term. No additional fees and interest will be charged for this Installment Transaction , ONLY if we receive (or had received) payment in full of the Total Amount Due stated on your monthly Statement of Account by the payment due date every month until you have paid all installments.
However, if we did not receive the full payment of the Total Amount Due as indicated in your current or previous monthly statement of account, (i)the billed monthly installment due in the current statement, and (ii)any unpaid portion of any previous monthly installment(s) due in your current Statement of Account will be subject to daily interest at the Retail Interest Rate as set out in the statement of account. This daily interest on the installment will be charged from one day after statement date until:
one day before the payment date of the installment transaction, if you pay the Total Amount Due on or before the payment due date OR
the date you pay the full Total Amount Due after the Payment Due Date.
Interest will be compounded on a monthly basis.
The Citi PayLite NOW Transaction will take more than the scheduled Term to pay off in full if only the minimum amount due is paid. In addition, if we do not receive the full payment of the Minimum Amount Due by the Payment Due Date, you must also pay the applicable Monthly Late Charge. The prevailing interest rate, fees and charges are available at www.citibank.com.ph/cardsrandf.
(a) Purchases availed under the Citi PayLite with CMFR Installment Plan will be subject to the prevailing Citi PayLite Converted Monthly Factor rates (“CMFR”), which may change from time to time. The applicable CMFR at booking may also vary from time to time and for each Merchant. To check the CMFR, you should inquire about the Citi PayLite terms of your chosen Merchant before availing.
(b) Your availment of the Citi PayLite with CMFR means you agree to pay us interest on the Principal Amount on the dates specified in the Statement of Account at the applicable CMFR with a corresponding effective interest rate per annum based on the outstanding principal balance and the Term as follows:
| Term | Converted Monthly Factor Rate* | Effective Interest Rate (Per Annum)** |
|---|---|---|
| 3 months | 1.00% | 19.46% |
| 6 months | 1.00% | 22.29% |
| 9 months | 1.00% | 23.28% |
| 12 months | 1.00% | 23.70% |
| 18 months | 1.00% | 23.92% |
| 24 months | 1.00% | 23.84% |
| Term | Converted Monthly Factor Rate* | Effective Interest Rate (Per Annum)** |
|---|---|---|
| 3 months | 1.00% | 19.46% |
| 6 months | 1.00% | 22.29% |
| 9 months | 0.75% | 17.13% |
| 12 months | 0.75% | 17.48% |
| 18 months | 0.75% | 17.71% |
| 24 months | 0.75% | 17.72% |
| Term | Converted Monthly Factor Rate* | Effective Interest Rate (Per Annum)** |
|---|---|---|
| 3 months | 0.75% | 14.31% |
| 6 months | 0.75% | 16.38% |
| 9 months | 0.75% | 17.13% |
| 12 months | 0.75% | 17.48% |
| 18 months | 0.75% | 17.71% |
| 24 months | 0.75% | 17.72% |
*The Converted Monthly Factor Rate is presented as a guide that you can use to derive the Monthly Installment Due (principal plus interest).
**The Effective Interest Rates (EIR) above are based on interest computed on a fixed 30-day period per month. The actual EIR may be higher or lower as the interest portion of your first Monthly Installment Due is computed based on the actual number of days between the approval date and one day before the Statement Date, which may be more or less than 30 days, depending on the Posting Date of the transaction.
(c) The Monthly Installment Due of your Citi PayLite with CMFR Installment Transaction comprises the billed Principal and interest components, which are computed on a diminishing balance basis. The interest and Principal components of the Monthly Installment Due vary each month and are computed as follows:
Prior month's outstanding principal balance x monthly Effective Interest Rate (EIR), where monthly EIR = (1 + Annual EIR) 1/12 - 1.
Monthly Installment Due - interest component for the month.
The interest charge on the first Monthly Installment Due is computed based on the number of days between the approval date of the Installment Transaction and the Statement Date following the Posting Date; the Statement Date is the date when your Statement of Account is generated after each billing cycle. The interest on succeeding Monthly Installments Due is computed based on a fixed 30-day period. This will result in the first Monthly Installment Due being different from succeeding subsequent ones.
| PRINCIPAL AMOUNT | P10,000 | TERM | 12 MONTHS |
| CONVERTED MONTHLY FACTOR RATE | 1.00% | EIR | 23.70% |
| MONTH | MONTHLY INSTALLMENT DUE (P) | INTEREST COMPONENT (P) | PRINCIPAL COMPONENT (P) | OUTSTANDING PRINCIPAL BALANCE (P) |
|---|---|---|---|---|
| 10,000.00 | ||||
| 1 | 933.33 | 178.81 | 754.52 | 9,245.48 |
| 2 | 933.33 | 165.32 | 768.02 | 8,477.46 |
| 3 | 933.33 | 151.59 | 781.75 | 7,695.71 |
| 4 | 933.33 | 137.61 | 795.73 | 6,899.99 |
| 5 | 933.33 | 123.38 | 809.95 | 6,090.03 |
| 6 | 933.33 | 108.90 | 824.44 | 5,265.60 |
| 7 | 933.33 | 94.15 | 839.18 | 4,426.42 |
| 8 | 933.33 | 79.15 | 854.18 | 3,572.23 |
| 9 | 933.33 | 63.88 | 869.46 | 2,702.77 |
| 10 | 933.33 | 48.33 | 885.01 | 1,817.77 |
| 11 | 933.33 | 32.50 | 900.83 | 916.94 |
| 12 | 933.33 | 16.40 | 916.94 | 0.00 |
(d) We will charge the interest rate and /or fees as disclosed at the date of availing the Installment Transaction which shall be applicable during its entire Term. No additional fees and interest will be charged for this Installment Transaction, ONLY if you pay in full the Total Amount Due of your Statement of Account by the Payment Due Date every month until you have paid all installments. However, if you pay (or had paid) an amount that is:
equal to or greater than the Minimum Amount Due but less than the Total Amount Due indicated in your current (or previous) Statement of Account, the billed Monthly Installment Due in your current Statement of Account will be subject to the prevailing monthly retail Interest charge from Statement Date to one day before payment date. Interest will be compounded on a monthly basis.
less than the Minimum Amount Due as reflected in your current (or previous) monthly Statement of Account, the Monthly Installment Due will be subject to the prevailing monthly retail interest charge from Statement Date to one day before payment date and additionally any unpaid portion of the Monthly Installment Due will also be subject to the prevailing monthly retail interest charge from the payment date to the next statement date. Usual Late Charges will also apply. The prevailing interest rate, fees and charges are available at www.citibank.com.ph/cardsrandf.
If the Card account is past due for 60 days or more, the Installment Transaction will be cancelled. Any remaining unpaid balance will be billed to the Card account in full and will be subject to the prevailing monthly retail Interest charge. Please refer to the Citi Card Fees and Charges at www.citibank.com.ph/cardsrandf for the prevailing rates, fees and charges.
You acknowledge that your Installment Transaction will be maintained for the Term stated on the charge slip, Promo consent form, Promo microsite or confirmation SMS or any other documents or records that may have been furnished to you, and that we have already incurred cost of funds and committed yield to fund sources to finance the Installment Transaction.
If you wish to cancel an Installment Transaction before its Term ends, you may do so, without a prepayment penalty, by calling CitiPhone. In that case, you agree to pay in full the unpaid portion of the Principal Amount and the cancellation processing fee of P300, plus, for Citi PayLite with CMFR Installment Transactions, the pro-rated Interest Charge on the cancelled Installment Transaction computed based on the actual number of days from the last Statement Date until the date of cancellation. The pro-rated interest is calculated by multiplying (i) the remaining unbilled portion of the Principal Amount, (ii) the applicable monthly EIR, and (iii) the number of days from the last Statement Date to the date of cancellation; and dividing the total by 30 days.
Cancellation Processing Fee = P300
In case of promotions where we give you a premium item/s (which include promotional items, Usage Privileges, etc.), we may charge the full monetary equivalent of the premium item should you cancel the Installment Transaction.
Upon your availment, we already pay for the goods or services in full. In the event that a Citi PayLite merchant from whom you purchased the goods or services for future delivery ceases to operate, you will still be liable to pay for all unpaid Monthly Installment Dues.
If you wish to request for a refund from the Merchant, the standard refund process of the Merchant will apply. There will be no change to the Installment Transaction under the facility, and the Monthly Installments Due will continue to be billed to you for the Term. The amount to be refunded by the Merchant will be credited back to the Card. Once the refund is completed, you must cancel the Installment Transaction by calling CitiPhone at 8995-9999 between 8am to 9pm daily.
Any disputes on your Installment Transaction should be directed to the corresponding Merchant. You must also send the signed and completed Cardholder Dispute Form (available via Citibank Online at www.citibank.com.ph or by calling CitiPhone) and any supporting documents via email to dispute.ph@citi.com within thirty (30) days from the date of the Statement of Account in which the disputed Installment Transaction is first reflected.
In case of (a) any change in law or regulations which gives rise to new additional taxes, higher reserve requirements or similar events, or (b) significant change in the economic environment, we may adjust any applicable charges and Installment interest even before the Term expires.
Please be advised that by availing of Citi PayLite Installment Plan through your Citi credit card/s, you are providing your explicit consent to Citi’s Data Privacy Terms (Consent for Processing, Profiling and Sharing of Data and Information and Data Privacy Statement) and to the updated Citi Card Agreement and the Citi Card Fees and Charges.
These Terms and Conditions should be read together with the Citi Card Agreement, to produce a result that is harmonious and consistent. In the event of any inconsistency or conflict between these Terms and Conditions and the Citi Card Agreement, these Terms and Conditions will prevail in relation to the Installment Transaction applied under the Facility.
These Citi PayLite Installment Plan Terms and Conditions supersede the provisions on Citi PayLite under the Installment Facilities section of the Citi Card Agreement.
For any concerns, you may call us at (632) 8995-9999(632) 8995-9999 or send us a message through www.citibank.com.ph.
Citibank, N.A. Philippine Branch is regulated by the Bangko Sentral ng Pilipinas with contact details at https://www.bsp.gov.ph.
For your complaints/concerns, we will endeavor to resolve these within 7 business days. For complaints/concerns requiring more time to resolve, we will be in touch with you and inform you of the progress.
Citibank, N.A., Philippine Branch, has transferred ownership of its consumer banking business to Union Bank of the Philippines with effect from August 1, 2022. The trademarks “Citi”, “Citibank”, “Citigroup”, the Arc design and all similar trademarks and derivations thereof are used temporarily under license by Union Bank of the Philippines from Citigroup.
In these Terms and Conditions of the 0% Citi PayLite enabled by Global Payments Program, or its successor facility ("Program"), "Card" means all credit cards issued by us, Citibank, N.A. (Philippine Branch) or its successor and assign, UnionBank of the Philippines (hereafter, all references to Citibank, N.A. Philippine Branch is understood to be references to UnionBank of the Philippines), also referred to as "we", "our", "us" or "Citi"), while "you" refers to Cardholders whose Citi credit cards have been locally issued by us ("Cardholder"), and which are active and in good credit standing.
By availing of 0% Citi PayLite enabled by Global Payments, you agree to the following Terms and Conditions, and all applicable terms and conditions under the Citi Card Agreement and all related provisions of the Citi Installment Facilities which can be viewed at www.citibank.com.ph/global_docs/pdf/cardstandc.pdf
Upon your instruction to the Merchant that you would like to avail of the Program, the Merchant will swipe your Citi credit card (for Point-of-Sale transactions) / you will input your Citi credit card details (for online transactions) for the purchase amount at the pre-identified Global Payments terminal (for Point-of-Sale transactions) / accredited Online Merchants (for online transactions). If determined to be qualified, the charge slip (for Point-of-Sale transactions) / email confirmation (for online transactions) will reflect the details of the Installment Transaction you requested (term and monthly installment amount), and your agreement to the terms and conditions of the Program.
(a) Once the transaction has been verified and converted to an Installment Transaction, you will receive a confirmation SMS.
(b) If your transaction is not successfully converted to an Installment Transaction, you will receive a rejection SMS and the purchase amount will reflect on your statement as a straight transaction.
The Monthly Installments Due will be billed and reflected on your Statement of Account after the Conversion Date as [Merchant Name (001:00x)] and so forth.
You may compute the Monthly Installment Due ("MID") using the following formula:
Principal Amount
--------------------------------------------------------------------------------------------------------
Term
Where Term is the number of months that you chose for your Installment Transaction.
0% Citi PayLite Process illustration:
Principal Amount = PHP15,000.00
Term: Three (3) months
| Monthly Installment Due | Unbilled Installment Amount | |
|---|---|---|
| Month 1 | PHP 5,000.00 | PHP 10,000.00 |
| Month 2 | PHP 5,000.00 | PHP 5,000.00 |
| Month 3 | PHP 5,000.00 | PHP 0 |
We will charge the interest rate and /or fees as disclosed at the date of availing the Installment Transaction which shall be applicable during its entire term and no additional fees and interest will be charged for this Installment Transaction, ONLY if we receive (or had received) payment in full of the Total Amount Due stated on your monthly SOA by the Payment Due Date every month until you have paid all installments.
If we did not receive the full payment of the Total Amount Due as indicated in your current or previous monthly Statement of Account, (i) the billed Monthly Installment Due in the current Statement, and (ii) any unpaid portion of any previous Monthly Installment(s) Due in your current Statement of Account will be subject to daily interest at the Retail Interest Rate as set out in the Statement of Account. This daily interest on the Installment Transaction will be charged from one day after Statement Date until:
(a) one day before the payment date of the Installment Transaction, if you pay the full Total Amount Due on or before the Payment Due Date, OR
(b) the date you pay the full Total Amount Due after the Payment Due Date.
Interest will be compounded on a monthly basis.
The 0% Citi PayLite Transaction will take more than the scheduled Term to pay off in full if only the
Minimum Amount Due is paid. In addition, if we do not receive the full payment of the Minimum
Amount Due by the Payment Due Date, you must also pay the applicable Monthly Late Charge.
The prevailing interest rate, fees and charges are available at www.citibank.com.ph/cardsrandf.
Below is an illustration on the retail interest charge on the billed Monthly Installment Due if you do not make a full payment of the Total Amount Due by the Payment Due Date.
(Important: Please note the example below is for illustrative purposes. The only transaction in this statement is the 0% Citi PayLite NOW transaction.)
| Statement Date | July 1, 2021 |
| Payment Due Date | July 22, 2021 |
| Billed MID of your Citi PayLite NOW installment transaction | P10,000 |
| Retail Interest Rate as set out in the statement of account | 2% per month |
| MAD stated in the statement of account | P500 |
| Payment made on July 22, 2021 | P500 |
| Interest charged on the billed MID (P10,000) from one day after current statement date up to one day before payment date (July 2 to 21, 2021) at the retail interest rate of two percent (2%) per month | P133.33 |
| Remaining unpaid portion of the billed MID | P9,500 |
| Interest charged on the unpaid portion of the billed MID (P9,500) from payment date until the next statement date (July 22 to Aug 1, 2021) at the retail interest rate of two percent (2%) per month | P69.67 |
| Total interest payable in the Aug 2021 statement (which is due on Aug 22, 2021) | P203.00 |
The Cardholder agrees that by applying for or availing of 0% Citi PayLite, by signing this document, or continued use of any of Bank’s products and services Cardholder is signifying his acceptance and agreement to be bound by the provisions of UnionBank’s Data Privacy Statement (DPS) which can be viewed at https://www.citibank.com.ph/static/data-privacy-statement/ Cardholder agrees to authorize UnionBank to collect and use all Personal Data (as defined under the Data Privacy Law of 2012 and its implementing rules and regulations), customer data and account or transaction information or records (collectively, the “Information”), provided and where permitted by law, to share it with Aboitiz Construction, Inc.(ACO), Aboitiz Equity Venture’s (AEV) and their respective subsidiaries and affiliates, and UnionBank’s subsidiaries and affiliates (collective, the “Group Entities”), for cross-selling and for the purposes as set out in the Bank’s Data Privacy Statement (DPS) in force, to identify and inform the Cardholder of products and services provided by the Group Entities that may be of interest to the Cardholder, or for compliance with any law, regulations, government requirement, treaty, agreement, policy or as required by or for the purpose of any court legal process, examination, inquiry, audit, or investigation of any authority. This applies notwithstanding any non-disclosure agreement.
These Terms and Conditions should be read together with the Citi Card Agreement, to produce a result that is harmonious and consistent. In the event of any inconsistency or conflict between the provisions of these Terms and Conditions and the Citi Card Agreement, these Terms and Conditions shall prevail in relation to the Installment Transaction applied under the Program.
For more information, visit www.citibank.com.ph/gppaylite.
0% Citi PayLite installments are billed to the account monthly, similar to a normal retail purchase and are subject to usual interest rate charges if you pay less than the Total Amount Due indicated on your current or previous monthly statements of account on or before the payment due date.
If your Card account is over limit, you will need to pay the Overlimit amount aside from the Minimum Amount Due.
The 0% Citi PayLite Transaction will take more than the scheduled Term to pay off in full if only the Minimum Amount Due is paid.
It is subject to approval based on the available Relationship Limit or Account Credit Limit / Spend Limit, as applicable, at the time of purchase and conversion.
For any concerns, you may call us at (632) 8995-9999 or send us a message through www.citibank.com.ph.
Union Bank of the Philippines is an entity regulated by the Bangko Sentral ng Pilipinas (BSP). To contact the BSP:
Your needs and feedback are important to Us and if you have any questions or concerns, you may reach us through any of Our channels below. For our social media channels, a representative will get back to you within 24hours from the time we receive your question or concern.
In the event that your concern requires an investigation, you agree to provide Us with all information We need, and consent to the use and processing of the information you provide, to enable Us to expediently address your query. You also allow the Bank to disclose information you may have provided to third parties, if necessary to address your concern.
0% Citi PayLite installments are billed to the account monthly, similar to a normal retail purchase and are subject to usual interest rate charges if you pay less than the Total Amount Due indicated on your current or previous monthly statements of account on or before the payment due date.
If your Card account is over limit, you will need to pay the Overlimit amount aside from the Minimum Amount Due.
The 0% Citi PayLite Transaction will take more than the scheduled Term to pay off in full if only the Minimum Amount Due is paid.
It is subject to approval based on the available Relationship Limit or Account Credit Limit / Spend Limit, as applicable, at the time of purchase and conversion.
For any concerns, you may call us at (632) 8995-9999(632) 8995-9999 or send us a message through www.citibank.com.ph.
This bank is regulated by the Bangko Sentral ng Pilipinas with contact details at https://www.bsp.gov.ph.
For your complaints/concerns, we will endeavor to resolve these within 7 business days. For complaints/concerns requiring more time to resolve, we will be in touch with you and inform you of the progress.