SPENDING CONVERSION

Increase your financial freedom

Convert any of your billed transaction into installment plan

Increase your financial freedom Convert any of your billed transaction into installment plan

Spending Conversion

  • Convert any of your billed transaction into installment plan
  • Greater financial flexibility in your spending by paying off in the affordable amounts
  • Choice of flexible installments up to 36 months
BENEFITS

Spending Conversion lets you design your own financial plan and payment that better fits your lifestyle, including your shopping, travelling or any emergency need of purchase. You can converting your billed transactions into installment plan with special interest rate and the tenor at your choice up to 36 months.

  • Installment Plan : Choose your own installment amount*
  • Flexible Tenure : Choose your own length of payment period of 6 or 9 months
Retails spend Amount (THB) Installment amount per month
6 months (interest 0.95% per month) 9 months (interest 0.89% per month)

Birthday celebration

4,000 705 480

Favorite hand bag

20,000 3,523 2,400

Trip to Australia

50,000 8,809 6,000

Hospital admission

1,00,000 17,618 12,000

* The minimum amount is 4,000 Baht (Excludes Cash advance, Cash advance on Phone and Paylite at Merchant)

CALCULATE YOUR PAYMENT PLAN

The calculation of your plan is an approximation. The figures have been simplified for illustrative purposes.

    • PayLite Conversion Calculator for Short Terms Conversion: 6, 9 months

    • Loan Tenor (months) :

    • Loan Interest :

      To check your latest special interest rate please call 1588 CitiPhone Banking

    • Loan Amount(THB) :

  • Step 1 of 2

    • Your Payment Plan

    • Total amount paid(THB) :

    • Interest portion paid(THB) :

    • Principal portion paid(THB) :

  • Step 2 of 2

The calculation of your plan is an approximation. The figures have been simplified for illustrative purposes.

    • PayLite Conversion Calculator for Long Terms Conversion: 18, 24, 36 months

    • Loan Tenor (months) :

    • Loan Interest :

      To check your latest special interest rate please call 1588 CitiPhone Banking

    • Loan Amount(THB) :

  • Step 1 of 2

HOW TO APPLY

Call CitiPhone Banking at 1588.

Press 2 for English

Enter “16-digit credit card number or ID card number”

Press 0 to contact CitiPhone staff

Apply for PayLite Conversion, choose your billed transaction and tenure at your choice.

Disclaimers

Terms and Conditions for “Spending Conversion” Program

  1. Spending Conversion program ("Program") is a program of Citibank (“Bank”) which allows the participating Citi credit card holder, who is granted an approval by the Bank to join the program, (“Participant”) to convert the repayment of any retail spending on goods or service in whole amount into installment repayment plan with a special interest rate offered, as agreed between the Bank and the Participant.
  2. Any credit card holder is eligible to apply for the Program by • sending a complete application form to the Bank by mail or fax • applying through CitiPhone Banking 1588 • applying through Citibank Online at https://www.citibank.co.th • applying through any other means determined by the Bank. Repayment for the Program shall be governed by the terms and conditions stipulated herein including general terms and conditions of using Citi credit cards and its amendments and addendums thereof.
  3. Approval of the participation in the Program and conversion amount are subject to the Bank’s sole discretion.
  4. 4.1) Once approved, the Participant agrees to make the installment repayments per the amount and
    tenor as specified and shown in the credit card statement.
    • 4.2) The due date of the Program for installment repayments shall be the same due date of the Participant’s credit card account. The Participant shall make the first installment repayment and interest within the due date specified in the Participant’s credit card statement for the cycle in which the Participant is granted an approval of participation in the Program. The Participant acknowledges that the due date of the first installment repayment may be more or less than 30 days from the approval date.

      4.3) The installment amount consists of principal and interest due in the cycle. The interest due for the first tenor shall be calculated from the approval date to the cycle cut date. The interest calculation for the remaining tenors shall be calculated from the previous cycle cut date to the next cycle cut date. The principle and interest shall be monthly charged into the Participant’s credit card account during the entire period of the Program.

      4.4) In case the Participant does not make a full repayment for the outstanding amount due or does not make a repayment of the amount required by the Program within the due date, the Participant shall be liable for the interest at the applicable maximum rate and any other applicable fees and expenses incurred whatsoever as a result of the Participant’s default, as announced by the Bank in compliance with the applicable notifications of the Bank of Thailand.

      4.5) The Bank shall require the Participant to repay all outstanding amount owed to the Bank in full immediately upon the termination of the Participant’s credit card account.

      4.6) Total Citi Rewards points for the spending which is converted into installment repayment plan under the Program shall be deducted from the approval date and shall be proportionately credited back for each installment paid.

  5. In case the Participant makes any payment in the amount greater than the specified installment amount billed in the relevant month, the Participant shall not receive any interest on the excessive amount (“excess payment"). The excess payment shall remain as a credit in the Participant’s credit card account and shall not be applied to the outstanding principle, interest, and/or any other fees of the program which are not due.
  6. In case the Participant wishes to pay off all outstanding amount owed to the Bank before the completion of the installment period (“Pre-termination”), the Participant must inform the Bank in advance in writing or through CitiPhone Banking 1588 and pay off such outstanding amount and/or any other fees occurred including the interest difference between the interest under the Program that the Participant has paid to the Bank and the applicable maximum interest (APR) that the Bank normally charges from credit card holder, which is calculated on the entire conversion amount from the approval date to the date the Bank receives repayment for all outstanding amount. However, the excess payment (if any) shall be applied as a part of payoff amount. The pre-termination fee shall be waived if installment has been paid 12 or more of the statement cycles.
  7. General terms;
    • 7.1) The Bank reserves the rights to add, amend, and cancel any and all of the terms and conditions of the Program by informing the Participant with 30-day prior notice in writing.

      7.2) The terms and conditions of the Program shall not supersede the terms and conditions of using Citi creditcards. If not defined otherwise, the terms used herein shall have the same meaning as used in the terms and conditions of using Citi creditcards.

      7.3) The Bank reserves rights of final decision on any disputes arising out of or in connection with this promotion.