OPEN ACCELERATE ACCOUNT

Citibank Accelerate Account

Earn 0.68% p.a. bonus interest on your monthly fresh fund

Open an Accelerate Account

Accelerate Account is an interest-bearing account that helps you grow your money faster.

Deposit fresh funds consistently into your account to earn bonus interest credited every month to your account.

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Benefits
    • Available in VND.
    • Interest-bearing feature:

    With Citibank Accelerate Account, you'll receive bonus interest of 0.68% p.a.* on the incremental average balance every month.

    Interest eligibility

    - Average monthly balance of previous month is at least VND 50,000,000, and
    - Average monthly balance increases compared that of previous month.

    Interest calculation

    Bonus interest will be earned in the month where both interest eligibility criteria above are qualified and calculated on your average account balance increase, capped at VND 20,000,000 per month.

    Table 1: Interest calculation example

    Month Average account balance (VND) Average balance increase from previous month (VND) Eligible balance for bonus interest (VND) Bonus interest rate (% per annum)
    January 10,000,000
    February 50,000,000 40,000,000 0 0%
    March 60,000,000 10,000,000 10,000,000 0.68%
    April 100,000,000 40,000,000 20,000,000 0.68%
    May 40,000,000 -60,000,000 0 0%
    June 60,000,000 20,000,000 0 0%
    • Convenient banking:

    As a Citibank Accelerate Account owner, you are entitled to numerous banking perks as follows:
    - Complimentary Citibank Debit Mastercard® to easily make purchases at merchants and access around 12,000 ATMs in Vietnam and more than 2 million ATMs worldwide.
    - Online account view and banking transactions via Citi Mobile® App and Citibank Online®.
    - Complimentary eStatement and Citi Alert to receive alerts on all account activities.
    - Complimentary fund transfers domestically and globally.
    - Making banking inquiries anytime, anywhere via Citibank Online® Inbox and Citiphone hotline.

    *Note: The interest rate earned will be capped at 0.2% p.a. of demand deposit balance in compliance to Decision 1729/QD-NHNN

FAQs
It is a current account which yields bonus interest of 0.68% p.a. on your incremental average balance every month.

Simply visit a Citibank branch near you to open an Accelerate Account.

The 0.68% bonus interest is on the incremental average balance compared to previous month's average balance. Bonus interest per month = (0.68% * incremental balance * number of days per month) / 365

Interest eligibility

- Average monthly balance of previous month is at least VND 50,000,000, and
- Average monthly balance increases compared that of previous month.

Interest calculation

Bonus interest will be earned in the month where both interest eligibility criteria above are qualified and calculated on your average account balance increase, capped at VND 20,000,000 per month.

Table 1: Interest calculation example

Month Average account balance (VND) Average balance increase from previous month (VND) Eligible balance for bonus interest (VND) Bonus interest rate (% per annum)
January 10,000,000
February 50,000,000 40,000,000 0 0%
March 60,000,000 10,000,000 10,000,000 0.68%
April 100,000,000 40,000,000 20,000,000 0.68%
May 40,000,000 -60,000,000 0 0%
June 60,000,000 20,000,000 0 0%
No, account opening is totally free. Click here for all the Fees and Charges for further details.
If this month's average balance falls to a level lower than the previous month, you will not earn any bonus interest.
The bonus interest (if applicable) will be calculated and credited into your account on the last business day of the month. If your account happened to be closed prior to month-end, you will not be paid any bonus interest even if the balance is qualified.