To avoid the problem of undervaluation, you should do a verbal valuation and pre-approval by mReferral or bank before signing the contract.
Mortgage Process
Sign the Provisional Agreement for Sale and Purchase
To avoid the problem of undervaluation, you should do a verbal valuation and pre-approval by mReferral or bank before signing the contract.
Mortgage Process
Seek advice from mReferral
Apply for a mortgage loan from at least three banks. If you want to apply in one go, mReferral would definitely help.
Mortgage Process
Submit documents
Provisional Agreement for Sale and Purchase, copy of ID card of borrower and guarantor (if any), income proof, e.g. employment contract/latest salary slip, bank book/statements showing salary income or latest tax demand note
Mortgage Process
Bank approves mortgage application
It usually takes a week to a month for the bank to approve a mortgage. Compare and choose the bank with the most suitable terms, and sign the letter of loan offer with bank. The bank will send a letter to your law firm to inform the lawyer to prepare the mortgage deed.
Mortgage Process
Sign documents at law firm
Before the transaction day, the buyer and the guarantor (if any) go to the law firm to sign the mortgage deed and other documents required by the bank.
Mortgage Process
Complete transaction
The law firm informs the bank that the bank will deliver the loan to the law firm to arrange delivery to the seller, and the transaction is completed. After the transaction is completed, the bank will issue a cash rebate for the mortgage within one month. In addition, a repayment process table will be sent to inform customers of the detailed information of the principal, interest and balance of the monthly payment.
Sudio Femtio Wireless Speaker (valued at HK$999) / Iris Ohyama Ricopa IH Cooker (valued at HK$998) / HK$500 Apple Store Gift Card OR Wellcome Shopping Voucher OR HKTVmall Voucher
HK$
Min relationship balance
HK$
Min monthly salary
HK$500
Welcome offer (Up to)
Up to HK$1,800 Cash Rebate Welcome Offer
Up to 5.5% USD Time Deposit rate
MoneyHero Exclusive Offer - Sudio Femtio Wireless Speaker (valued at HK$999) / Iris Ohyama Ricopa IH Cooker (valued at HK$998) / HK$500 Apple Store Gift Card OR Wellcome Shopping Voucher OR HKTVmall Voucher
From 31 October 2023 6 p.m. to 30 November 2023 6 p.m., new Citi banking account customers who successfully apply for Citi Plus Account via MoneyHero can enjoy Sudio Femtio Wireless Speaker (valued at HK$999) / Iris Ohyama Ricopa IH Cooker (valued at HK$998) / HK$500 Apple Store Gift Card OR Wellcome Shopping Voucher OR HKTVmall Voucher Application for the Designated Bank Account should be approved by Citibank on or before 31 December 2023, subject to the Citibank’s system records.
Terms and Conditions apply. How to redeem MoneyHero exclusive offer? Note down your application reference number for reference. You will be asked to upload all required documents when you open the account to facilitate the approval process. Within 7 days, please complete the redemption form sent via email for verification and follow-up. MoneyHero will verify your reward eligibility with Citibank. Tips: Please turn off AdBlocker and private mode before application: 3 settings to ensure coupon reward eligibility Welcome Offer
Reward 1 - Up to HK$1,800 Cash Rebate Welcome Offer Deposit HK$500,000 or more new fund to enjoy HK$1,800 cash rebate Deposit HK$200,000 new fund to enjoy HK$700 cash rebate Deposit HK$100,000 new fund to enjoy HK$300 cash rebate Deposit HK$50,000 new fund to enjoy HK$100 cash rebate For details, please refer to the attached Terms and Conditions Reward 2 - Up to 5.5% USD Time Deposit rate New Customers to deposit $50,000 (HKD or equivalent) or above new funds and convert the eligible new funds in designated foreign currencies will enjoy up to 5.5% p.a. preferential rate for USD Time Deposit Reward 3 - Spending reward up to HK$500 Cash Rebate Cardholders of Citi Plus Debit Mastercard® and Citi Plus Credit Cards who make eligible spending in designated merchants, are entitled to up to 12% Rebate Reward 4 - Open a stock account online to get HK$500 cash rebate HK$0 brokerage fee for HK Stock and US Stock for first 3 months Transfer in HK/ US/ SH/ SZ stock to earn up to HK$10,000 Cash Reward Terms and Conditions Apply. Citi Interest Booster - Earn points and interest rate when you spend with the card. Easy missions to boost your interest rate up to 1.5% p.a.
Citi Interest Booster is an interest-bearing checking account. Enjoy 1.17% interest rate when you successfully open the account. Earn up to 1.5% extra p.a. by completing destinated missions. Bonus Interest Rate earned for the Mission achieved in the prevailing month will be applied to calculate the Bonus Interest with reference to the Eligible Deposit Amount in the Eligible Account in the next calendar month. Missions include:
Missions
Requirements
Monthly Bonus Interest Rate
Fund in
Set your Citi Interest Booster account as your payroll account (credit HK$10,000 or above); OR Set up standing instructions for monthly transfers; OR Transfer from your other accounts via FPS, or via Citi ATMs
0.3%
Maintain Balance
Maintain a daily balance of at least HK$100,000 in your savings and investment accounts
0.3%
Investment & Currency Exchange
Make any three in-app, eligible investment transactions of at least HK$1,000. Eligible transactions include: investment transactions between foreign currency exchange; Flexi Wealth or mutual fund transactions; or stock trades via the Hong Kong & China Connect - Shanghai and Shenzhen markets
0.6%
Spend
Spend at least HK$4,000 on your Citi Plus Debit Mastercard or Credit card, and repay the balance via the app
0.3%
Extra 1.5% p.a.
Citi Plus Account Financial Pointers - Suitable for Beginners Wealth Smart: your financial literacy guide designed by experts, with bite-size contents to help you approach investments with greater confidence Wealth Digest: personalized, easy-to-follow pointers to help you along with your investment decisions Money Goal: help you track your personal goal progress Investment
Buy and sell funds as little as HK$1/US$1
Start investing with Flexi Wealth. Buy and sell funds as little as HK$1/US$1 with no transaction or monthly service fees. Invest using suggested mutual fund portfolios for as little as HK$100, less than the cost of a happy hour drink. Trade stocks on the Hong Kong & China Connect - Shanghai and Shenzhen markets. (You can trade US stocks via the website.) Enjoy HK$500 Cash Rebate for Opening Up a Stock Account Customers must conduct at least one HK stock buy/sell transaction via Citibank Mobile Stock Services during the first 3 months upon stock account opening Transfer in HK/US/SH/SZ stock to earn up to HK$10,000 Cash Reward Stock account - Brokerage fee as low as HK$8/US$1
HK stock trades: HK$8 brokerage fee per transaction US stock trades: US$1 brokerage fee per transaction Citi Plus Debit Mastercard - enjoy up to 1% cash rebate Enjoy 1% cash rebate from Citi Plus Debit Mastercard in the first 6 months, and 0.5% afterwards. Use your Citi Plus Debit Mastercard for fee-free international shopping, withdrawals and overseas online shopping websites. You can exchange foreign currencies with the app after activating Citibank Global Wallet. MGM Rewards Programme
To be eligible for the referral offers, the Referrer (“Referrer”) must be (i) an existing Citigold Private Client / Citigold / Citi Priority / Citi Plus / Citibanking client of Citibank (Hong Kong) Limited (“Citibank”); OR (ii) an existing principal cardholder of Citi Credit Card issued by Citibank; OR (iii) Citi Credit Card applicant who submitted the card application within the Promotion Period and successfully approved by Citibank on or before February 29, 2024; Within the Promotion Period, the Referrer and the Referee will be eligible for the following Referral offers (“Referral Offers”), upon Referrer reaching a Successful Referral: Both successful Referrers and Referees are entitled to a HK$250 Cash Rebate upon successfully referring the Referee to open Citi Plus banking account only Both successful Referrers and Referees are entitled to a HK$500 Cash Rebate upon successfully referring the Referee to open both Citi Plus banking account and Citi Rewards Mastercard, Citi Octopus Platinum Card, or Citi Plus Credit Card Terms and Conditions Apply. Outward remittance fee waived via Citibank Global Transfer Transfer fund to your overseas Citi accounts or third-party Citi accounts via Citi Global Transfer to enjoy $0 handling fee. No minimum balance requirement when you successfully open the account online MoneyHero exclusive offer and Welcome Offer are only applicable to new customers who do not have any or do not cancel any banking relationship within the past 12 months. Not applicable to e to existing Citibanking or Citi Priority banking relationship whose relationship is transferred to Citi Plus banking relationship.
For the deposit beyond HK$300,000, only the prevailing board rate shall apply.
Only open to anyone who doesn’t currently have bank account(s) with Citibank for registration Customers must not have savings, checking, investment or step-up interest accounts. Exisitng customers who are eligible for Citi Plus Account will be invited to transfer to “Citi Plus” service in phases. Account Opening Requirement You must be aged 18 or above and hold a valid Hong Kong permanent identity card. You must reside in Hong Kong. You must have a permanent Hong Kong address. Fees You Need to Know
Item
Fees
Service Fee
Waived
Account closed by customer within 6 months from the date of opening
HK$500
ATM Card Annual Fee
Waived
SCB Priority Private
Enjoy up to HK$32,000 cash rebate or 320,000 Asia Miles
HK$8000000
Min relationship balance
HK$
Min monthly salary
HK$32000
Welcome offer (Up to)
From now till 31 December 2023, New Clients* may enjoy up to HK$32,000 cash rebate or 320,000 Asia Miles upon signing up for Priority Private. Terms and conditions apply. For details, please refer to Standard Chartered official website.
*“New Clients” refers to clients who did not, in the past 12 months from the date of the current sign up for Priority Private, hold any product or service with or distributed by the Bank (including but not limited to deposit account (in the case of joint account, unless the new client is a primary account holder to the joint account, he/she will not be considered having held any product or service with or distributed by the Bank), investment services and insurance product underwritten by the third party insurer) except Standard Chartered Credit Cards.
SCB Priority Banking
Enjoy up to HK$22,000 cash rebate or 220,000 Asia Miles
HK$1000000
Min relationship balance
HK$80000
Min monthly salary
HK$22000
Welcome offer (Up to)
From now till 30 September 2023, New Clients* may enjoy up to HK$22,000 cash rebate or 220,000 Asia Miles upon signing up for Priority Banking.
Enjoy HK$4,000 cash rebate or 40,000 Asia Miles for first HK$1,000,000 new funds. Enjoy HK$3,000 or 30,000 Asia Miles for subsequent every HK$1,000,000 new funds. Up to $22,000 cash rebate or 220,000 Asia Miles.
Sign up Priority Banking via SC Mobile for HK$500 or 5000 Asia Miles extra reward
Other Privileges: - 360° Rewards programme rewards you with Asia Miles / 360° Rewards Points on eligible banking products / transactions - Your dedicated Relationship Manager generates personalised investment ideas with rationale backed by the Bank’s house views, based on your portfolio holdings and risk profile - Well-trained Wealth Specialists to provide you with comprehensive wealth management solutions - International banking services with cross border witnessing service for account opening and global recognition of Priority status - Banking while supporting sustainable development with ESG Select & green deposit savings account
Terms and conditions apply. For details, please refer to Standard Chartered official website.
“New Clients” refer to those who are NOT holding any banking products or services with or distributed by the Standard Chartered Bank (Hong Kong) Limited (the “Bank”) (including but not limited to deposit account, investment service and insurance products underwritten by the third party insurer) in past 12 months from the date of signing up for Priority Private/Priority Banking except Standard Chartered Credit Cards.
SCB Premium Banking
Enjoy up to HKD900 rebate or 9,000 Asia Miles
HK$
Min relationship balance
HK$20000
Min monthly salary
HK$900
Welcome offer (Up to)
From 1 October 2023 to 31 December 2023, new client sign up Premium Banking to enjoy up to HKD900 cash rebate. Successful sign up via SC Mobile can enjoy extra HKD188 cash rebate.
New Funds Amount(HKD or HKD equivalent)
Cash Rebate (HKD)
OR
Asia Miles Rewards
800,000 or above
900
9,000
200,000 to less than 800,000
500
5,000
Terms and conditions apply. For details, please refer to Standard Chartered Bank official website.
SCB Easy Banking
Earn Up To HKD300 cash reward
HK$
Min relationship balance
HK$
Min monthly salary
HK$300
Welcome offer (Up to)
From now till 31 December 2023 open your personal account to enjoy exclusive welcome rewards. Life gets easy when you live smart.
Account Opening Offer
Complete the below missions to earn up to HK$300 cash reward:
Open an account via SC Mobile App can enjoy HKD100 cash reward
Register for the SC Mobile App, and deposit at least HKD10,000 or equivalent into the newly-opened account, and keep at least HKD10,000 deposit amount until designated date to enjoy HKD100 cash reward
Complete 2 or more of the below missions with Digital Banking to earn HKD100 cash reward:
Fund transfer via SC Pay (FPS) and set Standard Chartered Bank as the FPS default receiving bank
Bill Payment via SC Mobile App
Set up Time Deposit via SC Mobile App
Perform any Foreign Exchange transactions via SC Mobile App
Completes the Customer Investment Profile questionnaire via Online Banking or SC Mobile App
Earn Up To 2.4% p.a. Interest Booster by completing missions
Set up Online Time Deposit with new funds of HKD10,000 or above
Accumulate Online Foreign Exchange transactions of HKD10,000
Accumulate Online Investment Funds transactions of HKD10,000
Successful application and payment for, and successful issuance of, either Allianz Accident Protect / Allianz Cancer Protect / Allianz Hospital Income Protect / Allianz Home Protect
JOIN EASY BANKING TO ENJOY THE EXCEPTIONAL PRIVILEGES
Fabulous account opening rewards
ATM daily cash withdrawal limit: HKD 20,000
ATM daily electronic payment limit: HKD 50,000
No minimum relationship balance requirement
Terms and conditions apply. For details, please refer to Standard Chartered official website.
SCB Bonus Payroll Account
Enjoy Up to HKD1,800 cash rebate, up to 2% p.a. bonus HKD savings rate and up to 1,000 Miles every month
HK$
Min relationship balance
HK$20000
Min monthly salary
HK$2300
Welcome offer (Up to)
Up to HK$1,800 cash rebate
New payroll clients can enjoy up to HKD1,200 cash rebates & 2% p.a. bonus HKD savings rate. Enjoy extra HKD600 cash rebate by applying online.
Bonus Payroll Account helps you make the most out of what you earn. You will be rewarded whenever you save, spend and invest, maximizing the value of your hard-earned money and letting you live life to the fullest.
Bonus Payroll Account Welcome Offer (Promotion date: 1 October to 31 December 2023)
Asia Miles Payroll Offer for all payroll clients - Up to 1,000 Miles every month
1,000 Miles every month for Priority Private clients
800 Miles every month for Priority Banking clients
300 Miles every month for Premium Banking clients
Terms and conditions apply. For details, please refer to Standard Chartered official website.
Citigold Account
[Till 30 November 6 p.m.] Get rewarded with Bose QuietComfort Ultra Earbuds (valued at $2,299) OR HK$2,000 Apple Gift Card／HKTVmall Voucher／Lee Gardens Gift card／Klook Voucher exclusively from MoneyHero when you successfully open a Citigold account via Mo
HK$1500000
Min relationship balance
HK$
Min monthly salary
HK$41600
Welcome offer (Up to)
Account Opening Offer - Up to HK$48,800 Cash Rebate
[Till 30 November 6 p.m.] Get rewarded with Bose QuietComfort Ultra Earbuds (valued at $2,299) OR HK$2,000 Apple Gift Card／HKTVmall Voucher／Lee Gardens Gift card／Klook Voucher exclusively from MoneyHero when you successfully open a Citigold account via MoneyHero and maintaining a minimum Citigold balance of HK$1,500,000 ！
New Citi customers get rewarded with one of the following gifts by fulfilling the following requirements:
Offer Requirements
Offers
Maintain HK$1.5 million funds
Bose QuietComfort Ultra Earbuds (valued at $2,299) OR HK$2,000 Apple Gift Card／HKTVmall Voucher／ Lee Gardens Gift card／Klook Voucher
Maintain HK$2.5 million funds
Dyson V12 Detect™ Slim Fluffy vacuum (valued at HK$5,180) OR Club Marriott Annual Membership (Premium Membership) (valued at HK$ 4,188) OR HK$3,500 Apple Gift Card／HKTVmall Voucher／Lee Gardens Gift card／Klook Voucher
Important Dates
Requirements
From 1 November 2023 6 p.m. till 30 November 2023 6 p.m.
New Citi Customers who successfully apply for Citigold account via MoneyHero are entitled to MoneyHero Limited-Time Exclusive Offer.
Within 7 days of receiving the form
Submit the reward redemption form sent via email previously.
On or before 7 December 2023
The account must be successfully opened
Maintain designated funds till 29 February 2024
Tips: Please turn off AdBlocker and private mode before application: 3 settings to ensure coupon reward eligibility Note down your application reference number shown on the application completion page for reference (e.g. #ABC123456789). Upload all required documents when you apply for the card to facilitate the approval process. After submitting your application via MoneyHero, you might be asked to proceed to branches for completing your account opening process. Please provide your application reference number to bank branch staff. Application reference number will be used by the bank to recognize your application is from MoneyHero. If you have concerns regarding the redemption process, please refer to the Terms and Conditions.
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