CITI PAYLITE 0% EQUAL PAYMENT PLAN

Citi PayLite - a smarter way to pay for your spending.

Convert your transactions at Citi PayLite partners into 0% equal payment plans and enjoy the shopping spree.

Benefits
  • 0 processing fee.

  • Easy to apply.

  • Applicable on spends at over 70 Citi PayLite partners.



How it Works
  • Pick up what you desire, at Citi PayLite partners. Kindly check with the store staff if your purchase is eligible for Citi PayLite, before making the payment.

  • Text "0" to 6058 to receive the link to the "Citi PayLite 0% Equal Payment Plan Online Application Form", fill in the required information, accept the Terms and Conditions, and click "Submit Request".

  • You can view the Citi PayLite installment on your next credit card statement. The Citi PayLite monthly installments will be shown on your monthly statements during the repayment tenure.

* If you cannot submit the request or your request cannot be processed, please contact us for any assistance.

* Eligible products, minimum transaction amount and repayment tenure may vary for different partners.

Terms and Conditions

Citi PayLite 0% Equal Payment Plan (Citi PayLite program)

1. Eligible criteria for cardmembers:

a) Citi PayLite Program is only opened to Citibank primary Vietnamese Credit Card holder(s) or Citibank primary Credit Card holder(s) who are foreigners with resident card/ business visa longer than the tenor they apply for Citi PayLite Program (“Cardmember Joining Citi PayLite”) and subjected to the conditions described in Clause 42.1.b and Clause 42.1.c below.

b) Citi PayLite Program is not applicable for corporate Cardmembers and Ready Credit Cardmembers.

c) Only Cardmember Joining Citi PayLite with good standing or whose Card Accounts are not in default or in breach of the Citibank Credit Card Terms and Conditions or are in over limit are eligible to apply for the Citi PayLite Program.

2. Eligible criteria for Citi PayLite program registration

a) Citi PayLite Program is not applicable to Cash Advance, any cash transactions, any dispute transactions, any reverted transactions, other installment programs from Citibank, Annual Fee, Joining Fee and other fees stated in Citibank Credit Card Term and Conditions.

b) A Retail Purchase transaction is only eligible for Citi PayLite Program if the Retail Purchase has been debited to the Card Account and not yet been billed in your Statement of Account at time Citibank receives the Citi PayLite registration. This means the transaction must be made and Citibank must receive, approve the Citi PayLite Registration related to that Retail Purchase, before Statement date. Cardmember Joining Citi PayLite could check whether or not this transaction is reported in Cardmember Joining Citi PayLite's Card Account in www.citibank.com.vn("Website").

c) Cardmember Joining Citi PayLite must register for the Program by phone, by online, by microsite link on the SMS/email sent by Citibank to Cardmember or by Citi PayLite registration form. If registering by form, the registration must be completed at least 07 days before the next statement date. If registering by phone, by online channel or by SMS the registration must be completed at least 03 days and no more than 07 days after transaction date, provided that such registration must be completed at least 07 days before the next statement date. Method of registration is subject to Citibank’s decision for each period, each merchant and the applicable registration method will be notified to Cardmember Joining Citi PayLite through Citibank’s communication channels.

d) Upon registering for Citi PayLite Program, Cardmember Joining Citi PayLite must accurately specify the Retail Purchase transaction which the Cardmember Joining Citi PayLite wish to apply for Citi PayLite Program ("Citi PayLite Amount").

e) Cardmember Joining Citi PayLite can apply more than once for Citi PayLite Program so as long as Cardmember Joining Citi PayLite qualified for the Citi PayLite in accordance with these terms and conditions.

f) The approval or otherwise of the Cardmember Joining Citi PayLite's registration request will be subject to, among others:
i. the status of the Cardmember Joining Citi PayLite's Card Account as described in Clause 42.1.c and other eligible criteria as provided in Article 42 herein;
ii. the minimum Citi PayLite Amount, notified to Cardmember Joining Citi PayLite through Citibank’s communication channels; and
iii. the status of the transaction at the point of registration as described in Clause 42.2.b; and
iv. Retail Purchases applicable for Citi PayLite Program, notified to Cardmember Joining Citi PayLite through Citibank’s communication channels; and
v. the discretion of Citibank as it deems fit in any case.

3. Interest rate

Conditional on Clause 42.5, when applying for Citi PayLite Program, no interest charge is payable by the Cardmember Joining Citi PayLite on the eligible purchase amount with the Citi PayLite tenor selected by Cardmember Joining Citi PayLite (“Citi PayLite Tenor”). Different available selection of Citi PayLite Tenors are updated in Citi PayLite eDM and Website for different Merchants.

4. Citi PayLite installment

a) Throughout the Citi PayLite tenor, the value of each Retail Purchase transaction eligible for Citi PayLite Program must be paid by way of equal monthly installment (“Citi PayLite Installment”). Citi PayLite Installment will be rounded to the nearest VND units. Cardmember Joining Citi PayLite will not be allowed to change the Citi PayLite Period and/or the Citi PayLite Installment.

b) The Citi PayLite Installment will be recorded in Cardmember Joining Citi PayLite Card Account starting from the month after the Citi PayLite Amount has been approved by Citibank.

c) By registering for Citi PayLite Program, Cardmember Joining Citi PayLite is deemed to have irrevocably and unconditionally agreed that each Citi PayLite Installment will be billed to the Card Account starting from the month after the Citi PayLite Amount has been approved by Citibank without the need for further Cardmember Joining Citi PayLite’ s signatures to be obtained. Each Citi PayLite Installment billed will be reflected in Cardmember Joining Citi PayLite’s monthly Statement of Account as a normal charge to Cardmember Joining Citi PayLite’s Card Account and be payable by Cardmember Joining Citi PayLite in accordance with the Citibank Credit Card Terms and Conditions. In particular, please note that the usual interest rates and Late payment fee will be levied if applicable charged normal interest rate of Citibank Credit Cards from the date of termination. Processing fee may be charged, subject to Citibank’s decision which shall be notified to Cardmember Joining Citi PayLite prior to installment conversion through Citibank’s communication channels. Processing fee will not be refunded in any circumstances.

d) Cardmember Joining Citi PayLite understand that, upon receiving Citi PayLite Registration approval from Citibank, Cardmember Joining Citi PayLite’s available Combined Credit Limit will be provisionally reduced by an amount equivalent to the Citi PayLite Amount, but will be progressively restored by the amount of each Citi PayLite Installment as each Citi PayLite Installment is paid and to the extent that actual payment is received by us. The due date of Citi PayLite Installment shall be the same as Payment Due Date. Cardmember Joining Citi PayLite acknowledges that due date of first Citi PayLite Installment may be more or less than 30 days from the Citi PayLite Amount approval date.

5. Breaches/ termination

a) In the event of: i) Cardmember Joining Citi PayLite pays the Minimum Payment Due after the Payment Due Date specified in the Cardmember Joining Citi PayLite's Statement of Account in two (2) or more consecutive Statement Period; or ii) On the Payment Due Date, Cardmember Joining Citi PayLite does not pay or meet the Minimum Payment Due in two (2) or more consecutive Statement Period, Cardmember Joining Citi PayLite have breached these terms and conditions and with the Citibank Credit Card / Ready Credit Terms and Conditions. In those cases, the benefit offered with the Citi PayLite Program related to the Cardmember Joining Citi PayLite's Citi PayLite Amount is terminated. The unbilled outstanding principal of Citi PayLite Amount will be charged with normal Citibank Credit Cards interest rate starting from the termination date. Subject to stated provision, to be clear, for and only for the purpose of calculating the Minimum Payment Due, the Retail Purchase amount after being converted into Citi PayLite Installments will not be considered as a part of Cardmember's current Outstanding. Minimum Payment Due will be communicated to Cardmember Joining Citi PayLite in every Statement Period.

b) Subject to Citibank’s approval, Cardmember Joining Citi PayLite may at any time cancel their participation in the Citi PayLite Program or elect for early settlement of the Citi PayLite Amount by telephone or by such other method as may be determined by Citibank from time to time. Upon such cancellation or early termination or in the event Cardmember Joining Citi PayLite cancel the Card, Cardmember Joining Citi PayLite must pay Citibank the total outstanding principal under the Citi PayLite Program, early termination penalty is not applicable for Citi PayLite Program.

c) If Cardmember Joining Citi PayLite returns goods/services or exchanges to another goods/services that are not eligible for Citi PayLite Program or cancel transactions at Merchants after successfully registered for Citi PayLite Program, Citibank reserves sole and exclusive right to terminate the Citi PayLite installment without providing any notifications and the transactions will become a normal retail transactions on credit cards.

d) If Cardmember Joining Citi PayLite is in breach of any provisions of the Citibank Credit Card Terms and Conditions or these terms and conditions or in the event of cancellation of the Card or termination of the Card Account or the Card Account whether voluntarily or involuntarily closed for whatever reason, or whether the Cardmember Joining Citi PayLite has passed away or announced missing, lost their civil actions abilities, or when the Cardmember Joining Citi PayLite has severely breached the current Laws and Regulations, all amount due and owing under the Citi PayLite Program, comprising of the total outstanding Citi PayLite Installment and the total unbilled principal of the Citi PayLite Amount together with the applicable interest charge and balance of other monies owing under the Citi PayLite Program will immediately become due and payable by the Cardmember Joining Citi PayLite and Citibank may as it deems fit, charge it to the Card Account where the Citibank Credit Card Terms and Conditions will apply to all the said installments or balance remaining, without prejudice to the rights and remedies of Citibank under the Citibank Credit Card Terms and Conditions.

6. General terms and conditions

a) Citi PayLite Amount will not earn Citi Miles, Reward Points and/or Cash Back accumulation

b) Despite the provisions relating to respective manner and time of payment and modes of computation contained in these, Citibank is entitled at any time and from time to time to vary such manner and time of payment and/or modes of computation in any manner by giving notice to Cardmember Joining Citi PayLite. Without prejudice to the provisions set out in the Citibank Credit Card Terms and Conditions on Communications, the manner of notice, time of effect and the effect of such variation would be in accordance with the clauses below.

c) The Citi PayLite Program is valid only up till the Citi PayLite tenor or any other extended date(s) as Citibank may specify from time to time. For the avoidance of any doubt nothing contained here will be construed as an obligation on Citibank to extend the Citi PayLite Program.

d) Citibank reserves the right to, as it deems fit, vary or change these terms and conditions from time to time with prior notice by way of posting on Citibank Online found at Website, or in any other manner deemed suitable by Citibank. Cardmember Joining Citi PayLite agree to access Website regularly to view these terms and conditions and to ensure that you are kept-up to-date with any changes to these terms and conditions. Cardmember Joining Citi PayLite agree that Cardmember Joining Citi PayLite's registration for the Citi PayLite Program and Cardmember Joining Citi PayLite's continuing participation for the Citi PayLite Program will be considered to be Cardmember Joining Citi PayLite’s acceptance of these terms and conditions (which may be varied or changed) except the case Cardmember Joining Citi PayLite contacts Citibank to disagree with any changes of these terms and conditions and informs Citibank Cardmember Joining Citi PayLite's decision to cancel the participations or registrations for the Citi PayLite Program. Citibank also reserves the right to, as it deems fit, replace wholly or in part the Citi PayLite Program by another scheme, whether similar or not, or to withdraw in altogether; and

e) The terms and conditions of Citi PayLite Program and Citibank Credit Cards Terms and Conditions and any other agreements made between Cardmember Joining Citi PayLite and Citibank shall be continued and effective. In case there are any mismatches between the different terms and conditions mentioned above, the contents related to the installment Retail Purchase in the terms and conditions of Citi PayLite Program are preferred to be applied.

f) To the full extent permitted by law, Citibank will not be responsible for and disclaims all liability to any actions, claims, damages, costs, charges and expenses which Cardmember Joining Citi PayLite may suffer, sustain or incur by reason of Cardmember Joining Citi PayLite’s enrollment in the Citi PayLite Program.

g) All matters of disputes are subject to the final decision of Citibank.

h) Citibank reserves the right to describe any of the expressions contained here in a different manner in the Statement of Account and such descriptions in the statement of account will not be construed against Citibank as having a different meaning stated here.

i) Citibank is not the supplier of the product of the Citi PayLite Program, Citibank holds no responsibilities for quality, model, design, features and other characteristics, as well as faulty, damages, incompleteness of the products/services.

j) Citibank reserves sole and exclusive right, at any point in time and without any prior notification or responsibilities, to disclose related information of the Cardmember Joining Citi PayLite to the Merchant or any other third parties associated with the Citi PayLite Program, or to introduce, supply, promote the products or services of Citibank, or to implement other activities as Citibank may deem fit.

k) Citibank reserves the sole and exclusive right to accept or reject any Citi PayLite registration, without providing any reasons for such acceptance or rejection.