With Credit Card Repayment Protection, Citibank will make your payments when you can't. Affordable peace of mind knowing that you and your family are financially covered in the event of your illness, accident, unemployment and death.
Cover designed to protect your Citibank credit card and revolving credit repayments in the event you cannot make them
Flexibility to choose from three levels of cover to suit your needs
30 day cooling off period to ensure the cover meets your protection needs
Pay out of minimum monthly payment amount
Both CreditShield and CreditShield Plus will pay the minimum amount due on your Citibank credit card 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. PLUS for each month that you have a $0 closing balance on your credit card statement, you don't have to pay any premiums!
Pay out of your entire account balance up to $30,000
CreditShield will pay off your account in the event of:
Disablement Benefit
Death Benefit
Involuntary Unemployment Benefit
CreditShield Plus will pay off your account in the event of:
Critical Illness Benefit (blindness, malignant cancer, chronic renal failure, coronary artery bypass surgery, heart attack, major organ transplant surgery, or stroke)
Your Citibank credit card number or revolving account number (Ready Credit, Personal Credit or Business Credit)
Your personal details
If you are between 18 and 59 years of age are a permanent Australian resident and hold a Citibank card or revolving account you are eligible for this affordable protection with no medical examination required.
