17:37 (GMT +7) - Tuesday 12/12/2017

Banking & Finance

Citi Vietnam launches Citi Simplicity+ credit card

Released at: 19:30, 24/11/2017 BUSINESS SPOTLIGHT

Citi Vietnam launches Citi Simplicity+ credit card

Photo: Citi Vietnam

Unique credit card offers 10% interest back for on-time payments and no late payment fees.

by Van Long

Citi Vietnam introduced Citi Simplicity+ on November 24, the first credit card in the market to provide 10 per cent interest back for on-time payments and no late payment fees.

As a special introductory offer, Citi Simplicity+ bears a 0 per cent interest rate for the first three months.

“The launch of Citi Simplicity+ provides peace of mind to customers in the form of a credit card, which is simple but extremely convenient,” said Ms. Natasha Ansell, Vietnam Citi Country Officer. “The card also allows us to show our appreciation to customers who pay their bills on time, by giving them 10 per cent interest back.”

Additional Citi benefits on the card include “0% Paylite”, a feature that allows customers to easily convert high-value card transactions into 12 monthly installments at no extra cost and offers deals with partners such as Starbucks and CVG cinemas.

“In line with the needs of customers today, Citi Simplicity+ is an innovative card that helps simplify the banking experience for our card members,” Ms. Ansell went on. “Citi Simplicity+ is evidence of Citi Vietnam’s commitment to constant progress and to maintaining our position as the country’s leading provider of banking products that cater to different lifestyles.”

The rapid evolution of urban society in Vietnam provides Citi with the opportunity to grow its portfolio of first-rate banking products for those who live busy lives pursuing a variety of activities.

This simple and straightforward card offers savings and convenience, backed by the global Citi brand. Cardholders are empowered to take charge of their card repayments through increased transparency, flexibility, and control.

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. It provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information can be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: blog.citigroup.com/ | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

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