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  • SPLIT your purchase into light and easy monthly installments with Citi PayLite.
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Light and easy payments with your Citi PayLite® Installment Plan

On-going Offers
Partner Merchants
How PayLite Works
  • Open to all locally issued Citi® credit cards with good credit standing.
    Open to all locally issued Citi® credit cards with good credit standing.
  • Choose from 3, 6, 9, 12, 18, 24 to 36 monthly installments.
    Choose from 3, 6, 9, 12, 18, 24 to 36 monthly installments.
  • Minimum purchase of only Php3,000.**
    Minimum purchase of only Php3,000.**
  • Split your purchase to light and easy monthly installments with Citi PayLite at participating establishments nationwide.
    Split your purchase to light and easy monthly installments with Citi PayLite at participating establishments nationwide.
  • Affordable converted monthly factor rate at participating establishments.
    Affordable converted monthly factor rate at participating establishments.
  • Split your purchase to light and easy payments in select hospitals and schools with a minimal one-time availment fee.
    Split your purchase to light and easy payments in select hospitals and schools with a minimal one-time availment fee.

*Tenor varies per item per merchant.

** Varies per tenor per merchant.

Terms and Conditions

CITI PAYLITE INSTALLMENT PLAN TERMS AND CONDITIONS

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.

  1. 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.

  2. The Citi PayLite Installment Plan is available for single-receipt purchases of at least Php3,000 or such other amount as may be determined by Citibank from time to time.

  3. 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.

  4. 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.

  5. Citi PayLite NOW

    (a) The Monthly Installment Due of your Citi PayLite NOW Installment Transaction comprises the billed Principal of your Installment Transaction.

    (b) There are no additional fees and charges for the Citi PayLite NOW 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,

    1. if you pay (or had paid) an amount 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 is subject to the prevailing monthly retail Interest charge from one day after Statement Date to one day before payment date. Interest is compounded monthly.

    2. Also, if you pay less than the Minimum Amount Due as reflected in your monthly Statement of Account, the Monthly Installment Due will be subject to the prevailing monthly retail interest charge from one day after 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.

  6. Citi PayLite with CMFR

    (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:

    RATES BELOW ARE SUBJECT TO CHANGE IN LINE
    WITH SPECIAL PROMOTIONAL OFFERINGS

    CITI PAYLITE WITH CMFR CONVERTED MONTHLY FACTOR RATES
    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%
    SPECIAL CONVERTED MONTHLY FACTOR RATES FOR SELECT AUTO, HOME IMPROVEMENT, HOSPITAL/MEDICAL, SCHOOLS & TRAVEL AGENCIES
    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%
    SPECIAL CONVERTED MONTHLY FACTOR RATES FOR MARIE FRANCE, FACIAL CARE CENTER AND SVENSON
    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:

    • Interest component:

    Prior month's outstanding principal balance x monthly Effective Interest Rate (EIR), where monthly EIR = (1 + Annual EIR) 1/12 - 1.

    • Principal portion:

    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.

    Citi PayLite with CMFR Installment Plan Sample Schedule of Payment
    PRINCIPAL AMOUNT PHP10,000 TERM 12 MONTHS
    CONVERTED MONTHLY FACTOR RATE 1.00% EIR 23.70%
    MONTH MONTHLY INSTALLMENT DUE (PHP) INTEREST COMPONENT (PHP) PRINCIPAL COMPONENT (PHP) OUTSTANDING PRINCIPAL BALANCE (PHP)
            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) There are no additional fees and charges for Citi PayLite with CMFR Transactions, 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:

    1. If you pay (or had paid) an amount 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 portion of the Principal Amount of your MID in your current Statement of Account is subject to the prevailing monthly retail Interest charge from one day after Statement Date to one day before payment date. Interest is compounded monthly.

    2. Also, if you pay less than the Minimum Amount Due as reflected in your monthly Statement of Account, the billed portion of the Principal Amount of your MID will be subject to the prevailing monthly retail interest charge from one day after Statement Date to one day before payment date and additionally any unpaid portion of the billed portion of the Principal Amount of your MID 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.

  7. 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.

  8. 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.

  9. 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 Php300, 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.

    APPLICABLE FEES AND CHARGES:

    Cancellation Processing Fee = Php300

  10. 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.

  11. 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.

  12. 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.

  13. 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.

  14. 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.

  15. 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.

  16. 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.

  17. 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 supervised by Bangko Sentral ng Pilipinas with telephone number (632) 8708-7087 (632) 8708-7087.

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.

Installment Calculator

How to compute for your Citi PayLite® Installment Plan Amortization

Monthly Installment Due

*Interest computation may vary per category. Please see Terms & Conditions for full list of interest.

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