CITIBANK CREDIT CARD ISSUANCE TRUST 8-K

What Happened Citibank, N.A., as Seller, announced in an 8-K that on June 22, 2026 it completed a lump removal of receivables totaling $10,314,464 from the Citibank Credit Card Master Trust I. The removal consisted of $127,777 of finance charge receivables and $10,186,687 of principal receivables across 15,541 accounts. Citibank stated the removal complied with the Pooling and Servicing Agreement and related Series 2000 Supplement requirements.

Key Details

• Total lump removal: $10,314,464 (Principal: $10,186,687; Finance charges: $127,777).
• Number of accounts removed: 15,541.
• Date completed: June 22, 2026.
• Compliance steps: received confirmation from each Rating Agency that ratings would not be withdrawn or reduced, and delivered an officer’s certificate stating the removal would not (a) cause an early amortization event or reduce required finance charge collections for any rated Series, or (b) adversely affect timing or amount of payments to Investor Certificateholders.

Why It Matters This filing notifies investors that a modest portfolio of card receivables was removed from the Master Trust but that the Seller followed contract rules and obtained rating-agency confirmations and an officer’s certificate. According to the filing, the removal should not change ratings or expected payment timing/amounts to investors for the affected Series. Investors should note the procedural confirmations in the filing that aim to prevent rating or cash-flow impacts.