What are the potential risks? As the bank promises to give you a 15% interest rate discount, you can enjoy such a discount as long as you can make a loan here and handle it at the same time. Therefore, I don't think it is necessary if Citibank really gives you such a discount when the loan interest rates of other banks are generally rising. However, we should pay attention here. When signing a loan contract, we must pay attention to the real interest rate, so as to protect our rights and interests from infringement. So let's discuss with you what such hidden dangers are today.

The first is Citibank itself.

First of all, the bad bank is not our domestic bank, but a foreign bank, so in most cases, some of her policies are different from those of China. If the mortgage interest rate of other banks generally rises, Citibank is willing to lower the interest rate and give you a discount. Then I think many people are still willing to borrow money here, just pay attention to his real annual interest rate.

Second, how is the actual annual interest rate of banks calculated?

Under normal circumstances, the annual interest rate given to you by the bank is calculated monthly. If you want to calculate the real annual interest rate, you can download a software to calculate the interest rate, or search online, or directly ask your loan account manager to help you calculate it. Under normal circumstances, banks are obliged to calculate the actual annual interest rate for you, which is their responsibility.

Third, what do you think of this way of lowering interest rates?

Citibank absorbs loan personnel through this discount, obviously because their work is not carried out much in China, especially in the field of mortgage loans. Citibank is basically at the bottom. Now, when other banks raise mortgage interest rates, they attract customers through discounts. They are very desirable. As long as you can ensure the safety of your own funds, then I think there are still many people who will be willing to choose them.