City Bank introduces the first ever unique savings scheme in Bangladesh – FlexiSave, a service that makes your money work for you! If you have a Savings account and an active debit card, you can open this account. The key features of FlexiSave account are:
• Your every purchase transaction will be rounded up to the next hundred Taka and the difference will be saved in FlexiSave account for a year. For example: If you purchase BDT 1,210 with your debit card, the transaction will be rounded-up to BDT 1,300 and difference amount of BDT 90 (1,300-1,210) will be added to FlexiSave account on real-time basis.
• On the last day of every calendar year, the total saved amount in FlexiSave account will be transferred to your mother account.
Experience a new way of savings!
To know more about FlexiSave, please click here
Register Here
Your Flexi Save Account Details
Please enter your Account Number, you will get OTP, please verify first!
Note: You cannot create more than one FlexiSave account!
Account Number
Account Name
Phone Number
Customer ID
Currency
Current Status
Terms and Conditions.
1. FlexiSave is a forced savings plan for all active City Bank debit cardmembers whose purchase transactions, under this program, will be rounded up to the next hundred Taka and the difference between the rounded-up amount and actual transaction amount will be deposited to FlexiSave account on real-time basis
2. It is a non-interest bearing deposit account
3. Every purchase transaction (POS, E-Commerce & QR) will be rounded up to the next hundred Taka
4. No rounding-up will be done for ATM, cheque, fund transfer or any other type of transaction except purchase transaction
5. Both BDT & USD transactions will be applicable for rounding-up
6. If the amount of any purchase transaction is a multiple of 100, no rounding-up will occur for that transaction
7. Rounding-up facility is applicable for debit cardmembers only
8. Only one FlexiSave account can be opened against one Savings account. Multiple FlexiSave accounts can be opened if a customer has multiple savings accounts each having active debit cards
9. Accumulated rounded-up savings amount will be transferred to the mother account at the end of every calendar year. Hence, at the beginning of every year, the Flexisave account will be renewed with zero balance and the process will go on until the customer closes the Flexisave account
10. If account balance is insufficient for next round-up but sufficient for purchase amount, then purchase transaction will be successful but rounding up will be unsuccessful
11. if any purchase transaction is reversed, the saved amount of that transaction in FlexiSave account will not be reversed
12. The nominee of the FlexiSave account will be the same as the mother account at the time of account creation; however, it can be changed later at customer request
13. Funds will be given to nominee instead of being credited to mother account in case of the death of the account holder where the nominee of FlexiSave account is different from that of mother account
14. The FlexiSave account closure process will be similar to that of Savings account; hence to place closure request, the customer needs to visit branch and at the event of death his/her FlexiSave account will be closed and balance will be transferred to mother account before the closure of mother account
15. For CityMaxx debit card, cash-back will be given on purchase transaction amount only and not on saved amount
16. Excise duty and other government taxes will be levied in applicable cases
* The bank reserves the right to modify any terms and conditions of FlexiSave account with or without prior notice
* The customer hereby declares that s/he has given express consent to sign up for the FlexiSave plan and s/he shall not make any claim against the bank/any 3rd party regarding the amounts that are to be saved to his/her FlexiSave account. S/he shall indemnify the bank in case of any claim/dispute by a 3rd party regarding these transactions.
I Agree Terms & Coditions.
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Experience banking on the go with Citytouch Digital Banking
