up to 4.2%
HKD Time Deposit Rate
up to 6%
Foreign Currency Time Deposit Interest Rate
Highest Cash Rebate

All Details

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Compare Citi Accounts:Citigold vs Citi Plus

Criterion Citigold Citi Plus
Account Opening Requirements
  • HK$1,500,000
  • HKID holders aged 18 to 64
  • Hold a permanent address in Hong Kong and live in Hong Kong
  • Minimum account opening amount: HK$1,500,000
  • HKID holders aged 18 to 64
  • Hold a permanent address in Hong Kong and live in Hong Kong
  • No minimum balance requirement
  • Up to 4.88% interest rate for timed deposit
  • Enjoy $0 commission for buying Hong Kong stocks
  • Up to 2.4% interest rate
  • Up to 12% cash rebate
Monthly Service Fees
  • HK$300
  • Free

Benefits of Citibank Global Wallet

Citibank Global Wallet customers allow you to exchange foreign currency at the target price in advance, and there is no handling fee, which makes spending in foreign currency easier. Citibank Global Wallet is available to all Citibank MasterCard® Debit Card or Citibank Cirrus ATM Card customers.

Save the cost of spending in foreign currency

Customers can shop online or travel abroad in foreign currency at any time, without worrying about exchange rate or being charged foreign currency transaction fees when spending with credit cards.

Automatic foreign currency top up service

Citibank Global Wallet features an automatic foreign currency top up service. Even if your Global Wallet does not have sufficient balance in foreign currency, the bank will immediately exchange the required foreign currency in your Hong Kong dollar account at the current exchange rate, and automatically top up your foreign currency account.

12 currencies available for trading

12 currencies available for transactions including Hong Kong dollar, Australian dollar, Canadian dollar, Swiss franc, Euro, British pound, Japanese yen, New Zealand dollar, Chinese yuan, Singapore dollar, Thai baht and US dollar, covering major countries where Hong Kong people always go for traveling or shopping.

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Benefits of Citigold Account

Attractive annual interest rate for fixed term deposit

Open a Citigold account to enjoy an attractive annual interest rate for fixed term deposit. In addition, customers can also make use of Citibank's "FundWatch" service to instantly grasp the latest fund prices by email in order not to miss any investment opportunity.

$0 commission to buy Hong Kong stocks

Open a Citigold account and apply for stock services, and you can buy Hong Kong stocks without commission. In addition, Citigold customers can obtain professional stock analysis information and reports from Thomson Reuters through the Citibank one-stop platform to help you select high-quality stocks more effectively.

Attractive annual interest rate for fixed time deposit in RMB

Open a Citigold account and deposit in Hong Kong dollars or foreign currencies to enjoy attractive annual interest rates for fixed time deposits in RMB. In addition, customers can use Citibank online banking or Citi Mobile® foreign exchange trading platform to seize investment opportunities in the foreign currency market.

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Citigold account opening requirements

Account Opening Balance Requirement: HK$1.5 million

Account Fee: HK$300/month

Account Fee Waiver Requirement: Average daily balance of at least HK$1.5 million

Is Citigold an offshore account?

Offshore accounts refer to overseas bank accounts depositors open in countries/regions other than their own residence. You can transfer funds in offshore accounts freely. Even if the government implements currency exchange controls in your place of residence, your account won’t be affected. The main reason for opening an offshore account is to be freed from currency exchange control to avoid freezing of assets.

Citibank Gold accounts or above are all offshore accounts, while Citi Priority and other average Citibank accounts are not eligible to apply.

Citigold Account VS Citi Priority Account

Only the Citigold account is an offshore account. The opening balance threshold of a Citigold account is relatively high, requiring HK$1.5 million.

Citi Priority account opening and balance requirement is HK$500,000. In addition, Citigold account holders are entitled to exclusive wealth management services, while Citi Priority account holders are not.

Citigold account benefits

Refer a Friend Program Offer

Refer one friend

Successfully refer a relative or friend to open a Citigold account and enjoy HK$2,388 cash rebate!

Refer 2 freinds

Successfully refer 2 relatives and friends or more and enjoy HK$3,388 cash rebate!

Frequently Asked Questions

Is Citigold an offshore account?

If you want to apply for a Citibank offshore account, you must be at least a Citibank Gold or above customer. Citi Priority customers are not eligible to apply. The account opening requirements are relatively high, requiring HK$1.5 million, while Citi Priority account opening and balance requirements are relatively low, requiring only HK$500,000.

What is the interest rate for a fixed term deposit for Citibank ?

You can check the latest rate for fixed term deposit at MoneySmart.