\n<\/p>\n
Credit Card Customers Can Purchase iPhone Through
\u00a0<\/p>\n
HONG KONG SAR –\u00a0Media
\u00a0<\/p>\n
iPhone 12, iPhone 12 mini, iPhone 12
\u00a0<\/p>\n
Selected
\u00a0<\/p>\n
Limited Time Launch
\u00a0<\/p>\n
From
\u00a0<\/p>\n
Please
\u00a0<\/p>\n
To
\u00a0<\/p>\n
1.\u00a0\u00a0\u00a0\u00a0 Lower
2.\u00a0\u00a0\u00a0\u00a0 In
3.\u00a0\u00a0\u00a0\u00a0 iPhone
4.\u00a0\u00a0\u00a0\u00a0 After payment,
5.\u00a0\u00a0\u00a0\u00a0 iPhone
6.\u00a0\u00a0\u00a0\u00a0 Once
7.\u00a0\u00a0\u00a0\u00a0 Installments
8.\u00a0\u00a0\u00a0\u00a0 Subject
9.\u00a0\u00a0\u00a0\u00a0 Key
\nLower Monthly Installments1<\/sup> and Enjoy Flexible Upgrade to the Latest
\niPhone<\/i><\/b>
\n
<\/p>\n
\n
<\/p>\n
\nOutReach<\/a>\u00a0– 15 March 2021 –\u00a0Citibank<\/a> announced
\ntoday its partnership with local telecommunications service provider CSL Mobile
\nto launch iPhone for Life, a purchasing program for iPhone and a first in Hong
\nKong. The program offers customers the flexibility to purchase the latest
\niPhone 12 models through lower monthly installments1<\/sup>, and guarantees
\na buy-back value if the iPhone is returned to CSL Mobile after 24 months, under
\nwhich the guaranteed buy-back value can be used for upgrading to a newer iPhone
\nmodel. This partnership aims to provide selected Citibank credit cardholders2<\/sup>
\nwith the flexibility to settle their phone transaction in a way that aligns
\nwith their lifestyle and consumption preferences. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nPro, and iPhone 12 Pro Max introduce\u00a0a reimagined design featuring immersive
\nedge-to-edge Super Retina XDR displays, the powerful A14 Bionic, the fastest
\nchip in a smartphone,\u00a0advanced new camera systems, including the ability
\nto shoot HDR video with Dolby Vision, the best 5G experience,\u00a0and much
\nmore.\u00a0<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nCitibank credit cardholders2<\/sup> with an iPhone for Life invitation
\nnotification3<\/sup> can apply iPhone for Life by purchasing an iPhone 12
\nmodel and subscribing to a designated 1O1O\/csl 5G service plan for a contract
\nperiod of 24 months at csl, 1O1O Center and HKT Shop. Once the iPhone for life application
\nhas been approved4<\/sup> by Citibank, customers can split the iPhone payment5<\/sup>
\ninto 25 monthly installments6<\/sup> with 0% APR7<\/sup>. Customers are
\nonly required to pay around 77% of the iPhone payment in the first 24 months,
\nand around 23% of the outstanding iPhone payment (also equal to the guaranteed
\nbuy-back value) on the 25th<\/sup> month. After 24 months, customers can
\nchoose to return the iPhone to a designated 1O1O\/csl retail outlet to receive
\nthe guaranteed buy-back value8<\/sup> for upgrading to a newer
\niPhone model, or choose to keep their existing iPhones. <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nOffer<\/b><\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nnow through May 31, 2021, the first 1,000 eligible cardholders who successfully
\napply for iPhone for Life will receive a pair of Powerbeats3 Wireless<\/i> earphones9<\/sup>.
\n<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nrefer to the following link for program details, and terms and conditions:
\ncitibank.com.hk\/iPhone-for-Life<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nborrow or not to borrow? Borrow only if you can repay!<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\n
\nwhen compared to 24 months credit card installment plan offered by CSL Mobile.<\/p>\n
\n
<\/p>\n
\norder to be eligible for the Plan, (1) you must be a principal credit
\ncardholder of a Citi credit card issued by Citibank (Hong Kong) Limited
\n(excluding Citi Rewards UnionPay Card); (2) you must be able to receive the
\niPhone for Life invitation sent by Citi and you must apply for the Plan via 1O1O\/csl
\nand (3) you must be able to receive the SMS communications relating to the Plan
\nfrom Citibank upon purchase of the iPhone at the Merchants. Failure to receive
\nany SMS communication relating to the Plan from Citibank, may deem you to be
\nineligible to apply for the Plan..<\/p>\n
\n
<\/p>\n
\nfor Life invitation notification will be sent by Citibank through the below
\nchannels: SMS or Email or relevant message under Credit Cards account update in
\nCiti Mobile\u00ae<\/sup> App.<\/p>\n
\n
<\/p>\n
\ncustomers will receive a “PayLite” Installment Plan SMS from Citi. You are
\nrequired to click the embedded link and apply for the plan within 24 hours. The
\napproval process takes 3-5 working days and you will receive an SMS with your
\napproval results. <\/p>\n
\n
<\/p>\n
\npayment also refers to as handset price including prepayment by CSL Mobile.\u00a0 <\/p>\n
\n
<\/p>\n
\nyour application is approved by Citi, you may then repay the iPhone by way of
\nequal monthly installment payments for 24 months (around 77% of the iPhone
\npayment) and a lump sum payment on the 25th<\/sup> month equal to the
\nBuy-Back Value of your iPhone (around 23% of the iPhone payment).<\/p>\n
\n
<\/p>\n
\nshall be billed to the Eligible Card accountholder on a monthly basis, similar
\nto a normal retail transaction. Installments are subject to interest rate or
\nother fees pursuant to the applicable Citi Credit Card Agreement if the
\ncardholder pays less than the total amount due indicated on the monthly
\nstatement of the Eligible Card.<\/p>\n
\n
<\/p>\n
\nto functional diagnostics and physical assessment to the returned iPhone during
\nproduct return based on the Device Acceptance Criteria by 1O1O\/csl.<\/p>\n
\n
<\/p>\n
\nFeatures of Powerbeats3 Wireless Earphones:<\/p>\n
\n
<\/p>\n\n
\nwith your device for wireless workout freedom<\/li>\n
\npower through multiple workouts<\/li>\n
\ngives you 1 hour of playback when battery is low<\/li>\n
\nhandle tough training<\/li>\n
\nmaximize comfort and stability<\/li>\n
\npushes you to the next level<\/li>\n
\nand activate Siri with RemoteTalk<\/li>\n<\/ul>\n