Citizens Financial Group, Inc. is one of the
nation’s oldest and largest financial institutions. Citizens
offers a broad range of retail and commercial banking products
and services to individuals, small businesses, middle-market
companies, large corporations and institutions.
As a leader in student lending with more than 40 years’
experience, Citizens helps families fund the college dream with
flexible repayment options to fit their budget, competitive
fixed and variable interest rates, and no application and
origination fees that are designed specifically for
undergraduate, graduate and professional degrees and for
parents, too. Plus, flexible, refinance options for recent
graduates and parents.
About the Offer:
You and family members who
refinance with a Citizens Education Refinance Loan could get a $500
Amazon.com® Gift Card2
addition to up to a
toward their loan. This offer is available until April
Plus, as a current Citizens Bank
account customer, you save up to .50% off your interest rate with
Get your personalized refinance
loan rate in 2 minutes.4 Apply or find out more
To qualify for the principal
balance reduction, the borrower or co-signer (if applicable)
must have applied, be approved, and disburse a Citizens
Education Refinance Loan, Education Refinance Loan for Parents,
Student Loan, Student Loan for Parents, Bar Study Loan, or
Medical Residency Loan through the employer’s or partner’s
dedicated Citizens website. The principal balance reduction will
be calculated as 1% of the amount financed with a maximum of
$1,000 for the Education Refinance Loan and Education Refinance
Loan for Parents, a minimum of $50/maximum of $500 for the
Student Loan or Student Loan for Parents, a minimum of
$50/maximum of $160 for the Bar Study Loan, and a minimum of
$50/maximum of $200 for the Medical Residency Loan. The loan
must be in good standing at the time the Principal Balance
Reduction Benefit is applied. Only one Principal Balance
Reduction Benefit is allowed per primary borrower for the
Citizens Education Refinance Loan and Education Refinance Loan
for Parents or per loan for the Citizens Student Loan, Student
Loan for Parents, Bar Study Loan, and the Medical Residency
Loan. Principal balance reduction will be applied with an
effective date equal to the loan’s first disbursement date.
Principal balance reduction may take up to the second month
following the loan’s final disbursement date to be applied and
may be reduced if the loan amount is reduced or cancelled. The
Principal Balance Reduction Benefit will be processed as a
reduction of the loan’s principal balance and will not impact
the required monthly payment. The borrower is solely responsible
for any taxes that may be owed as a result of the principal
balance reduction earned. A tax advisor should be consulted.
Citizens Bank, N.A. does not provide tax advice. Offer cannot be
combined with other promotions, discounts or offers – automatic
payment and loyalty discounts excluded. Citizens reserves the
right to modify these terms or cancel this offer at any point in
the future for new applications.
amazon.com/gc-legal for complete terms and conditions.
The borrower and cosigner (if applicable) must submit a
completed application, including authorizing us to review the
credit request for an Education Refinance Loan. To qualify for
this offer: 1) You must apply through the link and 2) Be approved to
refinance a minimum amount of $40,000 in student loans. The $500 Amazon.com Gift card will be delivered to the borrower via email
within 90 days of the loan disbursement date. A valid email must
be provided to receive gift card. Limit one gift card per
borrower. Citizens Bank reserves the right to modify the terms
of this offer at any point in the future for new applications.
Offer only valid on applications received between March 1, 2021,
through April 30, 2021. Gift card amount may be reported to the IRS.
You are solely responsible for any taxes that may be owed as a
result of receiving the gift card. Please consult your tax
advisor. Citizens Bank, N.A. does not provide tax advice.
Discount Disclosure: The borrower will be eligible for a 0.25
percentage point interest rate reduction on their loan if the
borrower or their co-signer (if applicable) has a qualifying
account in existence with us at the time the borrower and their
co-signer (if applicable) have submitted a completed application
authorizing us to review their credit request for the loan. The
following are qualifying accounts: any checking account, savings
account, money market account, certificate of deposit, automobile
loan, home equity loan, home equity line of credit, mortgage,
credit card account, or other student loans owned by Citizens
Bank, N.A. Please note, our checking and savings account options
are only available in the following states: CT, DE, MA, MI, NH,
NJ, NY, OH, PA, RI, and VT and some products may have an
associated cost. This discount will be reflected in the interest
rate disclosed in the Loan Approval Disclosure that will be
provided to the borrower once the loan is approved. Limit of one
Loyalty Discount per loan and discount will not be applied to
prior loans. The Loyalty Discount will remain in effect for the
life of the loan.
Automatic Payment Discount Disclosure: Borrowers will be
eligible to receive a 0.25 percentage point interest rate
reduction on their student loans owned by Citizens Bank, N.A.
during such time as payments are required to be made and our loan
servicer is authorized to automatically deduct payments each month
from any bank account the borrower designates. Discount is not
available when payments are not due, such as during forbearance.
If our loan servicer is unable to successfully withdraw the
automatic deductions from the designated account three or more
times within any 12-month period, the borrower will no longer be
eligible for this discount.
4 Selecting “Get
My Rate” only requires a “soft credit pull” which does not affect
your credit score. Submitting a full application results in an
inquiry on your credit report.
Rates and offer subject to change. All accounts, loans and
services subject to individual approval.
© Copyright 2021 Citizens
Financial Group, Inc. All rights reserved. Citizens is a
brand name of Citizens Bank, N.A. Member FDIC.