Wealth Wins Wealth Acquisition Promo
- The Future You Deserve Promo (“The Future You Deserve Acquisition Promo” or the “Promo") will run from October 1 to December 31, 2022 (“Promo Period”).
- 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.
- 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.
- 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:
- 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 equivalent) under the Citi Priority segment or P4,500,000 (or its foreign currency equivalent) under the Citigold segment;
- Meets the Total Relationship Balance1 of at least P1,000,000 (or its foreign currency equivalent) under the Citi Priority segment or P4,500,000 (or its foreign currency equivalent) under the Citigold segment by the third (3rd) month from establishment of the new Citi Priority or Citigold relationship;
- Has an active Citigold or Citi Priority Debit Mastercard ®;
- At least 18 years of age;
- Does not have any existing Citibank, or Citibank and CFSI relationship as the Primary Account holder; and
- Maintains his/her Citi Priority or Citigold status for a period of twelve (12) 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.
- 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.
- Fresh Funds Reward: A new Citi Priority or Citigold client will be rewarded additional Cash Credits when fresh funds are booked in 1) any Checking or Savings account (CASA) product in Citibank, or 2) an Investment Product/s through CFSI.For client with investment booking through CFSI, computation of 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.
| Reward Type (PHP) |
Fresh Funds |
Cash Reward |
Citi Priority
Fresh Funds Reward |
P1,000,000 to less than P2,500,000 |
10,000 |
| P2,500,000 to less than P4,500,000 |
50,000 |
Citigold
Fresh FundsReward |
P4,500,000 to less than P6,000,000 |
70,000 |
| P6,000,000 to less than P10,000,000 |
110,000 |
| P10,000,000 to less than P20,000,000 |
230,000 |
| P20,000,000 to less than P35,000,000 |
510,000 |
| P35,000,000 and up |
930,000 |
- Investment Kicker Reward: A new Citi Priority or Citigold client will be rewarded additional cash credits with amounts depending on the transaction described below that are successfully completed by the client by the third (3rd) month from the establishment of Citi Priority or Citigold relationship:
Client's availment of the Investment Kicker Reward is neither mandatory nor a precondition in availing the other Rewards under this Promo provided that he/she meets the required Total Relationship Balance1 of at least P1,000,000 (or its foreign currency equivalent) under the Citi Priority segment or P4,500,000 (or its foreign currency equivalent) under the Citigold segment.
- Early Funding Reward: New Citi Priority or Citigold clients will be rewarded additional Cash Credits provided that client meets the required minimum relationship Balance1 of at least P1,000,000 (or its foreign currency equivalent) under the Citi Priority segment or P4,500,000 (or its foreign currency equivalent) under the Citigold segment on the same month of the establishment of the new Citi Priority or Citigold relationship.
| Reward Type (PHP) |
Fresh Funds |
Cash Reward |
Citi Priority
Fresh Funds Reward |
P1,000,000 to less than P2,500,000 |
2,000 |
| P2,500,000 to less than P4,500,000 |
2,000 |
Citigold
Fresh FundsReward |
P4,500,000 to less than P6,000,000 |
15,000 |
| P6,000,000 to less than P10,000,000 |
15,000 |
| P10,000,000 to less than P20,000,000 |
15,000 |
| P20,000,000 to less than P35,000,000 |
15,000 |
| P35,000,000 and up |
25,000 |
- Awarding Schedules. The cash incentive will be awarded (“cash reward”) and shall be credited into the customers’ active primary Checking or Savings account (CASA) based on the following schedule:
| Awarding Schedule |
Cash Credit |
| Last business day of the seventh (7th) month from establishment of the new Citi Priority or Citigold relationship |
100% of the total Cash Reward - provided the client maintained the recorded TRB from the past 6 months from the account opening. |
- Qualified clients shall receive a confirmation advisory on the schedule stated above.
- Crediting will be done on a client level in which he/she is the primary Peso Savings or Checking bank account accountholder. No Cash Credits is allowed to be awarded to a bank account where the client is a secondary bank account holder.
- 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=PHP50 shall be used in computing the corresponding PHP-denominated Cash Credits for this Promo.
- 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.
- 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.
- CFraud, abuse, misrepresentation or any unauthorized action relating to the availment of the products, participation in the Promo, or redemption of the Cash Credits 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.
- The Promo and its rewards are not convertible to Rewards Points, Premier Miles, or any other form of reward.
- In case of dispute, Citibank’s or CFSI’s decision will be final with prior approval of DTI.
Per DTI Fair Trade Permit No. FTEB-128235, Series of 2021.
1Total Relationship Balance (TRB) is the consolidated balance of client’s holdings in deposits with Citibank, N.A., Philippine Branch (Citibank) and in investments purchased through Citicorp Financial Services and Insurance Brokerage Philippines Inc. (CFSI). It includes all Checking & Savings account (CASA) and Time-Deposits with Citibank as well as Bonds, Funds and other investments purchased through CFSI.
- Citigold minimum Total Relationship Balance: Php 4,500,000 (or its foreign currency equivalent).
- Citi Priority minimum Total Relationship Balance: Php 1,000,000 (or its foreign currency equivalent).
For Deposit products only: Citibank is a member of PDIC. Deposits are insured by PDIC up to P500,000 per depositor.
For Investment products brokered by CFSI: Not PDIC insured, not a bank deposit, no bank guarantee & may lose value.
Citibank, N.A - Philippine Branch and Citicorp Financial Services and Insurance Brokerage Philippines, Inc. (CFSI) are separate legal entities.
CFSI is a separate investments and insurance brokerage legal entity.
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 webchat 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) 8523-8461.
