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.
- Available in VND.
- Interest-bearing feature:
- Convenient banking:
With Citibank Accelerate Account, you'll receive bonus interest of 6% p.a.* on the incremental average balance every month.
Interest eligibility
- Average monthly balance of previous month is at least VND 30,000,000, 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 5,000,000 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 | 20,000,000 | |||
| February | 30,000,000 | 10,000,000 | 0 | 0% |
| March | 33,000,000 | 3,000,000 | 3,000,000 | 6% |
| April | 40,000,000 | 7,000,000 | 5,000,000 | 6% |
| May | 25,000,000 | -15,000,000 | 0 | 0% |
| June | 35,000,000 | 10,000,000 | 0 | 0% |
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 1.0% p.a. of demand deposit balance in compliance to Decision 1812/QD-NHNN.
Simply visit a Citibank branch near you to open an Accelerate Account.
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% |