A loan you'll love. Rethink banking. Powered by Citi.
Get what you want while you stay in control of your finances, thanks to a special introductory Fixed Payment Option from 8.99% p.a. rate1 with no annual fees to pay. You have just one monthly repayment to make over a fixed term of 4 years and if you decide to pay your loan off faster, there are no early payout fees.
Up to $60,0002 cash to spend on whatever you like
Ideal for buying a car, holiday, furniture or to pay off your debts into one easy monthly repayment
No annual fees, no monthly servicing fees and no cash advance fees3
No early repayment fees, if you want to accelerate your payments
A low one off $69 establishment fee4
Flexibility to redraw up to your credit limit anytime in the future at the standard variable Annual Percentage Rate5.
When you activate your account, simply nominate the amount you'd like in a fixed payment option. Then we'll send a cheque payable to you, and you can spend it as you like.
Important Information for Citibank Ready Credit.
Fees and charges apply. Terms and conditions apply and are available upon request. Credit criteria apply.
1. (a) This offer is subject to our credit criteria and your existing accounts with us being in good order at the time of processing. (b) Based on our assessment of your application and credit rating, you will be allocated an interest rate of 8.99% p.a. or 10.99% p.a. for four years on Fixed Payment Option. (c) Your Fixed Payment Option amount uses part of your existing credit limit. As this is not additional credit, there is no change to your existing credit limit. As you pay off your Fixed Payment Option amount, the amounts you pay off will become available for you to use again as part of your credit limit. (d) The date of purchase must be within three months from card activation. To be eligible, the purchase must be made using this account; it must be a single transaction on your account and for an amount of $500 or more. You need to tell us about the transaction and request the Fixed Payment Option before the current statement date which the transaction appears. Please allow at least two working days from date of purchase before requesting the transfer. (e) If you fail to pay the Monthly Instalment by the Payment Due Date, this instalment amount will be charged at the standard interest rate. We also reserve the right to cancel your Fixed Payment Option. If your Fixed Payment Option is cancelled, the full outstanding balance of your Fixed Payment Option will also revert to the standard Annual Percentage Rate. (f) For the full terms and conditions of your Fixed Payment Option, please refer to the Unsecured Revolving Credit Terms and Conditions. (g) This offer ends 31 March 2014. Offer may be extended. Existing Ready Credit and Personal Credit customers are not eligible to apply for this introductory offer.
2. A credit line of between $5,000 and $60,000 will be assigned based on our credit criteria, your credit rating and subject to confirmation that you earn a minimum of $35,000 per year.
3. Currency conversion fee applies to transactions made in a foreign currency. Other service fees and charges including late payment fee and dishonour fee may apply.
4. $69 establishment fee will be debited to your Account on the first use of your Account (including Card activation). This fee will appear on your first statement of Account.
5. The Citibank Ready Credit standard variable Annual Percentage Rate is currently 18.99% p.a. Interest rates are variable and subject to change. The interest rates are current as at 1 January 2014.