Citi Simplicity+ Card

Savings Illustration from Interest Rebate:

Important Information:

Citi Simplicity+ Cardholder will earn a 10% rebate from interest charged on retail purchases and Cash Advance on previous Billing Statement which, will be credited as statement credit in the next Billing Statement, subject to:

• Citi Simplicity+ Card must be open and current. Cardholder will not earn the rebate if account is in default under Citi Credit Card Agreement.
• Cardholder must pay at least the minimum payment due by the payment due date. Interest rebate is calculated on the last day of billing period.
• Interest rebate are calculated by multiplying the total interest charged for retail purchases and Cash Advances shown on Citi Simplicity+ Billing Statement. Interest charged for installment plans (EazyPay and Loan on Phone) are not eligible to get rebate.
• There is no maximum limit on the rebate amount Cardholders can earn.
• If there is a transaction dispute or a transaction is returned, rebate calculation may be impacted by the reduction of any associated interest for that billing period.
• If there is payment reversal and payment of minimum due is impacted by the reversal, Cardholders will not be eligible for the interest rebate for that billing period.
• Statement credit will reduce the outstanding balance but will not reduce the minimum payment due.
• If Citi Simplicity+ Card is closed or converted to another Citi credit card product, Cardholders will not be eligible for this Program.

Savings Illustration from Late Fees:

Important Information:

• Citi Simplicity+ Cardholders will not be charged late fee when they miss a payment due date on previous Billing Statement
• Payment overdue or payment negligence on Citi Simplicity+ will still deteriorate Cardholder’s collectability status.
• Citi Credit Cards Terms and Conditions under the article “Payment Collectability Status” still applies except for the imposing of late fees. If Citi Simplicity+ Credit Card is in any collectability status other than "Current", Citibank shall
  1) Impose the applicable interest;
  2) Collect the unpaid amounts from the Cardholder;
  3) Block the Citi Credit Card;
  4) Demand payment of all amounts under the Citi Credit Card statement, that remains outstanding, uncollected, and/or unpaid in full.

Savings Illustration from Over Fees:

Important Information:

Citi Simplicity+ Cardholders will not be charged over limit fee when they go over their credit limit on Citi Simplicity+ Card, with conditions as follow:

• If Cardholders have more than 1 (one) Citi credit card products, over limit fee will not be charged only when they go over limit on Citi Simplicity+ Card.
• If last transaction that cause over limit occurred in Citi Card other than Citi Simplicity+, Over Limit Fee will still be imposed to those Citi Cards and the Cardholder shall pay the fee of it.