The more improved your golf score is, the higher interest you’ll enjoy.. CKI’s “Wonderful CASA - Golf”

News provided by
Citibank Korea Inc.
Jul. 27, 2011 10:17
SEOUL--(Korea Newswire)--Citibank Korea, Inc. (CEO Ha Yung-Ku, www.citibank.co.kr) launched “Wonderful CASA-Golf” with higher customer rate according to screen golf records. The bank has applied for a patent on the product structure which combines enjoying customer’s favorite sport - golf and getting higher customer rate.

With the Wonderful CASA - Golf, on top of basic rate of 3.3% p.a. (pre-tax), customers can achieve preferential rate of 0.1% p.a. (pre-tax) for setting scores of 90s once, 0.3% p.a.(pre-tax) for setting scores of 80s twice and 0.5% p.a. (pre-tax) for setting scores of 70s (or less) three times. Above rates are not accumulated, but only the rate of better score is applied.

The interest amount is calculated by multiplying the rates with the daily final balance based on first-in first-out principle. However, the basic rate and preferential rates are all applied only after 31 days from each deposit date, and 0.1% p.a.(pre-tax) is applied for all deposits during the first 30 days.

Besides this high customer interest rate, Wonderful CASA - Golf offers various fee waivers and discounts. Fees incurred from using other bank’s ATM will be reimbursed to the customers who designate this account as their payroll account or have average balance of 900M won during the prior month (for up to 8 withdrawals and 5 transfers a month). The customers can also enjoy unlimited fee waiver for withdrawal and transfer when using CKI ATMs, and other fee waivers for varied services as electronic banking, issuing cashier’s check, and preferential FX rate and remittance discount(35~40%). Combined with the ‘Wonderful Golf Account’, customers can subscribe for ‘A+ Check Card’ which will provide as high as 10% discount for Screen Golf fee.

Each customer can subscribe for only one account, and both Koreans and foreigners can subscribe under their real names.

Website: http://www.citibank.co.kr

Contact

Huh, Kap-Seung
Communication Dept.
Citibank Korea Inc.
82-2-3455-2340