1. Conditions
1.1. These Account Specific Terms and Conditions apply to the Citibank US Dollar Reward Saver Account (Issue 1). 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 US Dollar Reward Savings Account (Issue 1).
1.3. You may only have one Account (whether held as a sole or joint 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. If during any statement month, you make a withdrawal from your Account (except if you are closing the account), no interest will be payable on the total account balance for that month.
3.2. 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.
3.3. We pay interest on cleared credit balances up to $2,000,000 (two million dollars). No interest is payable on balances that exceed this amount.
4. Introductory interest rates
4.1. If you are a new customer, you are eligible for a fixed introductory interest rate for the first six months from opening Your Account. Once this period has ended you will be eligible for the variable standard interest rate that applies to the Account.
4.2. The fixed introductory interest rate will be stipulated by Citibank.
4.3. If you are an existing customer, you will receive the variable standard interest rate that applies to the Account and will not receive the introductory interest rate for the first six months from account opening.
5. Withdrawals/Transfers
5.1. You may withdraw the US Dollar equivalent of up to £10,000 cash per day without notice if such amount is within your Available Balance. Larger withdrawals will require two Banking Days' notice.
5.2. You may withdraw cash at certain ATMs displaying the VISA logo subject to the individual machine limit, your Available Balance and specific limits determined and notified to you by Citibank from time to time.
5.3. You may make a transfer from the Account to any other Citibank Account via CitiPhone Banking, Citibank Online or at a Citibank Branch in the UK.
6. Cheque books
6.1. No cheque book is available with this Account.
7. Citibank ATM Card
7.1. 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.
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