AnnualizedPercentage Rate as low as 1.78%²

HONG KONG, CHINA - Media OutReach - 5 October 2020 - Citibank announces 2020Citi Tax Season Loan, available for same day approval and same day loan disbursement¹.Selected customers can enjoy Annualized Percentage Rate ("APR") as low as 1.78%².Upon successful application of 2020 Citi Tax Season Loan during promotionperiod, customers can enjoy up to HK$6,000 cash coupon reward³.  

Features of Citi Tax Season Loan：

• Sameday approval and same day loan disbursement¹
• APRas low as 1.78%²
• Loanamount up to HK$2,000,000 or 12 times of monthly salary, whichever is lower
• Repaymentterm up to 60 months⁴
• Enjoyup to HK6,000 cash coupon reward³
• HK$0handling fee

By completing successful application for the2020 Citi Tax Season Loan anytime from now until December 31, 2020, and drawndown on or before January 15, 2021, selected customers⁵ can receiveup to HK$6,000 cash coupon reward³. The higher the loan amount, the morethe cash coupon rewards will be.  

1.    Sameday approval and same day loan disbursement is only applicable to selectedcustomers who successfully submit the required documents together with a filledin application form before 10am of that working day (Monday to Friday). Actualapproval and loan disbursement time may differ based on the informationprovided.

2.    TheAnnualized Percentage Rate ("APR") of as low as 1.78% is calculatedbased on the monthly flat rate 0.08% with loan amount of HK$1,500,000 andrepayment tenor of 12 months. APR is calculated based on the guidelines as setout in the Code of Banking Practice and rounded up to the nearest two decimalplaces. Interest is calculated on the basis of 365 days per year. The actualAPR applicable may differ, which is to be considered on a case-by-case basis inaccordance with customer's profile. An APR is a reference rate which includesthe basic interest rate and other fees and charges of a product expressed as anannualized rate.

3.    Thepromotion period ("Promotion Period") is from October 1, 2020 to December31, 2020, both dates inclusive. Customers who successfully apply for Citi TaxSeason Loan within the Promotion Period and drawn down on or before January 15,2021 with a specific loan amount and repayment term 12 months or above("Eligible customers") will be eligible for the Offer. Only applicable tocustomers who do not hold any Personal Loan account offered by Citibank (HongKong) Limited ("The Bank") at the time of application. Cash coupon reward up toHK$6,000 is only applicable to customer of Citigold Private Client (CPC) /Citigold / Citi ULTIMA cardholders and successfully drawdown loan amountHK$1,500,000 with repayment period of 42 months or above,

4.    CitiTax Season Loan's repayment term is from 6 to 60 months.

5.    Customershave to fulfil the following requirements to be eligible for the reward forCitigold Private Client/ Citigold/ Citi ULTIMA cardholders:

- existing CitigoldPrivate Client/ Citigold Client who currently hold Citigold Private Client/Citigold account or Citi ULTIMA cardholders who currently hold Citi ULTIMA cardwith The Bank on the date of application; AND

- existing CitigoldPrivate Client should maintain the account balance at HK$8,000,000 or above,while Citigold Client should maintain the account balance at HK$1,500,000 orabove from the date of application to the issue date of redemption letter.

6.    AdditionalReward for repayment period of 42 months or above is only applicable tocustomers who drawdown the specific loan amount and a minimum repayment periodof 42 months.