1. Conditions
1.1. These Account Specific Terms and Conditions apply to the Citibank Reward Saver Account (Issue 2). They are additional to and should be read together with the Citibank Account General Terms and Conditions. If there is any inconsistency between them these Account Specific Terms and Conditions override the Citibank Account General Terms and Conditions to the extent of the inconsistency.
1.2. Account means the Citibank Reward Saver (Issue 2) Account.
1.3. You may only have one Account (whether held as a sole or Joint Account).
1.4. The Account can be opened with a minimum of £1, but is not available to any person who has held a Citibank Reward Saver Account (Issue 2) at any time in the 6 months prior to application for this Account.
2. Direct Debits/standing orders
2.1. You cannot set up:
(i) Direct Debits to make payments either to or from the Account; or
(ii) standing orders to make payments from the Account.
3. Interest
3.1. Subject to clauses 3.3 and 3.4 we will pay
(i) interest at the standard Citibank Reward Saver (Issue 2) variable rate; and
(ii) additional interest at the variable bonus rate for the Account for the first nine months from the date you open the Account.
3.2. We will only pay interest on credit balances up to £500,000 (five hundred thousand pounds).
3.3. If during any statement month, you make a withdrawal from your Account (other than if you close the account and withdraw the full balance), no interest will be payable on the total account balance for that month.
3.4. A statement month is the period of one calendar month from the date your monthly statement is issued. Your monthly statement date is the same day as the monthly interest payment date, which will be the last business day of each calendar month unless you request a different date. If you have other Citibank accounts, any change you make to your interest payment date will also apply to those accounts.
4. Withdrawals
4.1. You may withdraw up to £10,000 cash per day in sterling from any branch of Citibank in the UK without notice if such amount is within your Available Balance. Larger withdrawals will require two Banking Days' notice.
4.2. You may withdraw cash at certain ATMs displaying the VISA/Link logo subject to the individual machine limit, your Available Balance and specific limits determined and notified to you by Citibank from time to time.
5. Cheque books
5.1. No cheque book is available with this Account.
6. Citibank ATM Card
6.1. If you link your Card to this Account, and your card type permits such use you will be able to use the Card as a Citibank ATM Card in respect of this Account.
|
