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Citi lets you save more than your payroll by offering an increased rate of interest monthly. Open a payroll account with Citi, you will be greeted with a host of privileges and You can utilize your extra money for various purposes and even keep saving for a financially secured future.
Open a payroll and receive an array of fabulous privileges.
Step-up interest account features:
Up to 1.375% p.a. interest rate
Interest rate increases monthly
- Interest rate increases monthly as your Daily Average Account Balance^ increases and fulfills the minimum growth amount* for 12 consecutive months (The minimum growth amount for your Daily Average Account Balance^ is HK$8,000).
- Bonus interest rate grows by 0.08% p.a. per month**. Interest rate can grow from 0.495% p.a. to 1.375% p.a..
^ In general, if an inward fund transfer to your Step-up Interest Account is received by Citi after 8:00 pm from Mondays to Fridays or after 6:00 pm on Saturdays, the value date of the transaction will be the next working day. Some transfers, including but not limited to standing instructions and non-FPS transfers, may take one to two working days to be deposited into the relevant accounts. This may affect the calculation of your daily average account balance which is based on the value dates of your transactions and the step-up counter.
* Step-Up Counter will be reset to zero every 18 months after account opening.
** The bonus interest rate applies to maximum account balance of HK$1,000,000 only.
Interest rate protected by "Safety Net"
- The interest rate is protected by the "Safety Net" (0.975% p.a.) if your account balance fulfils the minimum growth amount (i.e. HK$8,000) in the 2nd to 7th months.
- The interest rate maintains at 0.975% p.a. even if the minimum growth amount cannot be fulfilled after the 7th month. However, the interest rate will continue to grow as long as the minimum growth amount is fulfilled again.
