New Year, New You Acquisition Promo

1. New Year, New You Promo (“New Year, New You Acquisition Promo” or the “Promo") will run from January 25 to March 31, 2023 (“Promo Period”).
2. The Promo is not valid in conjunction with other promotions, including, but not limited to, any acquisition promo or High-Rate Time Deposit (HRTD) offer with Citibank, N.A. Philippines Branch (Citibank) or other similar or related promos with Citibank and Citicorp Financial Services & Insurance Brokerage Philippines, Inc. (CFSI) within the Promo Period.
3. Only new clients of Citibank, or Citibank and CFSI who qualify under the criteria set out below and are not prohibited under the applicable Gifts, Anti-Bribery and Corruption laws, regulations and policies from participating in and/or qualifying for this Promo 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 Promo. The Promo is not available to individuals who are residents of the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, Isle of Man, San Marino, Vatican, United Kingdom or other jurisdictions where this activity is restricted due to applicable laws and regulations or Citibank policy.
4. A new client is eligible for the Promo if he/she meets all of the following criteria set out in this section and the other conditions set out in the succeeding sections:
   1. Opens a relationship with Citibank or with Citibank and CFSI as the Primary Account holder in the relationship, with Total Relationship Balance1 of at least P1,000,000 (or its foreign currency equivalent2) under the Citi Priority segment or P4,500,000 (or its foreign currency equivalent2) under the Citigold segment;
   2. Meets the Total Relationship Balance1 of at least P1,000,000 (or its foreign currency equivalent2) under the Citi Priority segment or P4,500,000 (or its foreign currency equivalent2) under the Citigold segment by the third (3rd) month from establishment of the new Citi Priority or Citigold relationship;
   3. Has an active Citigold or Citi Priority Debit Mastercard®;
   4. At least 18 years of age;
   5. Does not have any existing Citibank, or Citibank and CFSI relationship as the Primary Account holder; and
   6. Maintains his/her Citi Priority or Citigold status for a period of seven (7) months from the date an account has been opened.

New clients who were eligible for the Promo but subsequently were unable to meet the eligibility requirements during the said given period shall no longer be covered by the Promo.



5. A client who has a closed Citibank and/or CFSI relationship for more than 12 months at the time of the Promo is also considered a new client.
6. Fresh Funds Reward: A new Citi Priority or Citigold client will be rewarded PowerMac Center eGift certificates (eGCs) in denominations of P10,000 and P50,000 when fresh funds are booked within 3 months from account opening in any Checking or Savings account (CASA) product in Citibank and/or if funds are booked in an Investment Product through CFSI with a gross brokerage fee of less than 1.25% such as but not limited to T-Bills. Computation of total fresh funds is based on investment amount net of fees at the time of investment booking through CFSI and total balance in CASA in Citibank.

   Fresh Funds Volume	Fresh Funds Reward Value	PMC eGift Certificates Denomination
   P1,000,000 to less than P5,000,000	P20,000	• 2 eGCs worth P10,000
   P5,000,000 to less than P15,000,000	P100,000	• 1 eGC worth P50,000 • 5 eGCs worth P10,000
   P15,000,000 to less than P30,000,000	P300,000	• 4 eGCs worth P50,000 • 10 eGCs worth P10,000
   P30,000,000 and up	P600,000	• 8 eGCs worth P50,000 • 20 eGCs worth P10,000

   A qualified client also has the option to avail the reward in form of cash credits, which will be credited to the client’s active primary Checking or Savings Account (CASA) instead of the eGCs.

   Fresh Funds Volume	Reward in Cash Credits
   P1,000,000 to less than P5,000,000	P18,000
   P5,000,000 to less than P15,000,000	P90,000
   P15,000,000 to less than P30,000,000	P270,000
   P30,000,000 and up	P540,000

   Investment Reward: Meanwhile, a new Citi Priority or Citigold client will be rewarded eGCs from PowerMac Center when fresh funds are booked within 3 months from account opening in an Investment Product through CFSI with a gross brokerage fee of at least 1.25% such as but not limited to Mutual Funds and Bonds. Computation of total fresh funds is based on investment amount net of fees at the time of investment booking through CFSI and total balance in CASA in Citibank if any.

   Fresh Funds	Reward Value	e-Gift Certificates Denomination
   P1,000,000 to less than P5,000,000	P30,000	• 3 eGCs worth P10,000
   P5,000,000 to less than P15,000,000	P120,000	• 2 eGC worth P50,000 • 2 eGCs worth P10,000
   P15,000,000 to less than P30,000,000	P370,000	• 6 eGCs worth P50,000 • 7 eGCs worth P10,000
   P30,000,000 and up	P750,000	• 11 eGCs worth P50,000 • 10 eGCs worth P10,000

   A qualified client also has the option to avail the reward in form of cash credits, which will be credited to the client’s active primary Checking or Savings Account (CASA) instead of the eGCs.

   Fresh Funds Volume	Reward in Cash Credits
   P1,000,000 to less than P5,000,000	P27,000
   P5,000,000 to less than P15,000,000	P108,000
   P15,000,000 to less than P30,000,000	P333,000
   P30,000,000 and up	P675,000

   Client may only be qualified either for Fresh Funds Reward or Investment Reward, depending on where the funds are booked within 3 months from account opening. In case the client booked his/her funds which qualifies for both rewards, client shall only receive the Investment Reward.

7. Awarding Schedule. The eGCs or Cash Credits will be awarded based on the following schedule:

   Awarding Schedule	Condition
   Last business day of the calendar month, seven (7) months from establishment of the new Citi Priority or Citigold relationship	100% of the total reward - provided the client maintained the recorded TRB for the past six (6) months from the account opening

   1. Qualified Referrers shall receive a confirmation advisory on the schedule stated above.
   2. Awarding of eGCs or Cash Credits is not transferable to another person.
   3. PowerMac Center eGift Certificates are not convertible to Cash, Rewards Points, PremierMiles, or any other form of reward.
   4. Use of eGCs is subject to terms and conditions set forth by PowerMac Center.
   5. Crediting will be done on a client level in which he/she is the primary Peso Savings or Checking bank account accountholder. Cash Credits are not allowed to be awarded to a bank account where the client is a secondary bank account holder.
   6. In case of United States Dollar (USD)-denominated funds that is considered for the purpose of this promo, a fixed exchange rate of USD1.00=PHP55.75 shall be used in computing the corresponding PHP-denominated Cash Credits for this Promo.
8. By participating in the Promo, new clients who are eligible for the Promo hereby authorize the transfer, disclosure and communication of information relating to his/her accounts to and from/between Citibank and CFSI, participating merchants, service providers, and relevant third parties for the purpose of marketing and promotion, verification, checking, validation, and fulfillment.
9. Citibank or CFSI may modify, suspend or terminate the Promo (the “Action”) upon prior approval of DTI except in the event the Promo is rendered illegal due to change in law or regulation, or in a force majeure event such as war, public health crisis, in which case, Citibank or CFSI may take the Action and shall give notice to the DTI as soon as reasonably practicable provided that any such Action will not affect the right of the eligible clients who have fulfilled all the promo conditions for the awarding of rewards prior to the Action.
10. Fraud, abuse, misrepresentation or any unauthorized action relating to the availment of the products, participation in the Promo, or redemption of the Cash Credits or eCGs may result in disqualification of the clients from the Promo, suspension or cancellation of the banking privileges, closing of the accounts in Citibank and CFSI or the forfeiture of the Cash Credits via a debit by Citibank of the equivalent amount from the client’s  bank deposit account, at Citibank’s and/or CFSI’s discretion, as the case may be. This shall be without prejudice to any legal action that may be taken by Citibank and/or CFSI.
11. The Promo and its rewards are not convertible to Rewards Points, Premier Miles, or any other form of reward.
12. In case of dispute, Citibank’s or CFSI’s decision will be final with prior approval of DTI.

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 Bangko Sentral ng Pilipinas (BSP) with contact details at https://www.bsp.gov.ph, while CFSI is regulated by the Securities and Exchange Commission (SEC) with telephone number (632) 8818-2016 and Insurance Commission (IC) with telephone number (632) 8818-0921.