Now there's a simpler way to manage your finances. One account for everything that combines credit, cash and cheque, explore the possibilities of Citibank Personal Credit. It's simple. One account, one statement, one low annual fee.
The greater of $30; or the sum of 1% of outstanding balances plus interest plus late fees
Repayment methods
Direct Debit (Citi Easi-Pay)
BPAY®
Mail
Australia Post
Lump sum
repayments
Yes
Increase regular repayments
Yes
Access funds
ATM/ EFTPOS
Cheque book
Visa Debit
Worldwide accepted
Additional cardholder
Yes, up to 1
Fees & Charges
Annual fee
$99
Monthly fee
$0
Establishment fee
$0
Late payment
fee
$10 every 7 days until the Payment Due is made
Early termination fee
$0
Redraw fee
$0
Benefits of a Citi Personal Credit:
Introductory offer 7.9% p.a. on purchases and balance transfers for 12 months~
No transaction fees, no cash advance fees and no ATM fees at over 1,200 ATMs throughout Australia.
Credit limits from $5,000 to $25,000.
Only pay interest on what you spend.
Make purchases in-store with a Visa debit card, online or over the phone.
Apply for a chequebook with no cheque fees, because sometimes only a cheque will do
Monthly Direct Debit flexibility
A low ongoing rate of 15.59%
No need to re-apply for credit
Suitable if you'd like to:
Obtain cash - from over 1,200 ATM in Australia without any ATM or cash advance fees, and worldwide acceptance at over 820,000 ATMs
Pay for expenses - use your CitiCard to EFTPOS your everyday expenses such as groceries and petrol
Write cheques - pay for expenses such as school fees and tradespeople, when only a cheque will do
Pay for large purchases - such as cars, whitegoods, furniture, computers and renovations
Finance your holiday - pay for a much needed break, weekend away or holiday (remember - traveling overseas has never been easier with no cash advance fees#)
Have emergency funds - relax knowing that cash is available at your finger tips in the event of an emergency
You can apply for a Personal Credit if you meet the following criteria:
Are at least 18 years of age
Have a good credit rating
Earn taxable income of $30,000 per year or more
Are a permanent Australian resident.
You will need the following information to apply online:
Your personal details
Your contact details
Driver’s licence number (if you have one)
Current residential status (and previous residential details if you have been at your current address for less than 3 years)
If renting or boarding, your landlord or real estate agent’s details
Contact details of a relative or friend not living with you
Your financial position
Your employer’s address and switch telephone number (as listed in the White Pages)
Annual and monthly income (before and after tax)
Contact details for your accountant if self-employed
The value of your home and car, if applicable, and any other assets
Types and amounts of other income (e.g. rental income)
Details of your main expenses, including the current balances owing on your Credit Cards, loans and investment mortgages
Covers
CreditShield®Plus pays up to $30,000 to cover your Credit Card payments or your Ready Credit balance. You can secure this protection for only 74c per $100 of your closing balance each month
CreditShield®Plus will pay the minimum monthly amount due on your statement if you are unable to work, due to an accident or illness, or for up to 6 months in any 12 month period if you become unemployed.
If you suffer from one of the listed critical illnesses, or in the event of your death or total disablement, CreditShield® will pay off your entire balance up to $30,000.
Eligibility
If you're under the age of 60 and hold a Citi Credit Card or hold a Ready Credit account you are eligible for this affordable protection with guaranteed acceptance and no medical examination or questions.
Benefits
For each month that you have a $0 closing balance, you don't have to pay any premiums!
