Korea Citibank Awards Gift Certificates to Customers Opening 'Citi Level Up Account'

Citi Level Up Account Surpasses 1 Trillion Won in Deposits Just 4 Months After Launch

▲A model of Citibank Korea is introducing the 'Citi Level-Up Account Gift Certificate Giveaway Event.' (=Citibank Korea)

[Asia Economy Reporter Wondara] Citibank Korea is conducting an event that provides gift certificates to customers who open a 'Citi Level-Up Account.'

Citibank announced on the 22nd that it will hold an event giving Shinsegae gift certificates to customers who open a Citi Level-Up Account for the first time through the Citi Mobile app by April 30.

As of May 31, Citibank plans to provide Shinsegae gift certificate mobile vouchers based on the balance of the account. For balances between 10 million KRW and less than 50 million KRW, a 20,000 KRW voucher will be given; for balances between 50 million KRW and less than 200 million KRW, a 50,000 KRW voucher; for balances between 200 million KRW and less than 1 billion KRW, a 100,000 KRW voucher will be provided. For balances of 1 billion KRW or more, a 200,000 KRW voucher will be given.

The Citi Level-Up Account, launched in September last year, surpassed a deposit balance of 1 trillion KRW within four months of its launch. The final interest rate is determined by combining the basic interest rate, which varies from 0.01% to a maximum of 0.4% (annual, before tax) depending on the balance tier, and a preferential interest rate of up to 0.5% (annual, before tax) additionally provided according to the depositor’s asset management service grade at Citibank Korea.

A Citibank official said, “As the deposit balance of the Citi Level-Up Account exceeded 1 trillion KRW on the 5th, we prepared this event to express our deep gratitude to our customers,” and added, “Since this product offers higher interest rates for higher asset management service grades, we recommend taking this opportunity to also experience Citibank’s excellent asset management services.”

This content was produced with the assistance of AI translation services.