Live a little with loans from just 5.9% p.a.
A Citibank flexible personal loan makes that overdue holiday, home renovation or car upgrade possible. With low rates and flexible repayment options, it's the smartest way to enjoy the things that are important to you.
Ready Credit Flexible Personal Loans
2 years at 5.9% p.a.1 essentials
- Borrow up to $48,000 for any purpose2
- No early payout fees
- No monthly or annual fees
- A low $99 establishment fee3
- After 2 years, rate reverts to the standard variable rate, currently 19.49% p.a., on any outstanding balance.
Citibank Ready Credit is a low-rate, flexible personal loan that makes it easy to achieve what really matters to you. Pay off that important purchase or outstanding balance within two years at a leading rate with this offer. You can also choose to redraw on your loan at our standard variable rate, currently 19.49% p.a. Ready Credit isn't your average loan. It's a step up.
Flexible features
- Withdraw funds whenever you like up to your approved credit limit, at the standard variable rate, currently 19.49% p.a. then re-pay at your own pace. You don't need to reapply.
Upon approval of your application, simply call us to activate this limited-time offer.
Rethink banking.
Calculate your loan repayments4
Work out what you could be paying each month on your flexible personal loan by adjusting how much you'd like to borrow. The monthly payment here shows the payment required to pay off the balance in full over 2 years.
Plus you pay no annual or monthly fees3.
4 years from 8.99% p.a.1 Fixed Payment Option essentials
- Borrow up to $60,000 for any purpose2
- Fixed monthly repayments for 4 years from 8.99% p.a.1
- No monthly or annual fees
- Flexibility to make additional repayments at any time, without penalty
- A low $99 establishment fee3
- Be rewarded for your good credit rating with our low rate of 8.99% p.a. If you don't qualify for this rate, you could still enjoy a competitive rate of 10.99% p.a.1
- Choose to receive all or part of your credit limit at the fixed rate.
Citibank Ready Credit Fixed Payment Option is a low-rate flexible personal loan with fixed monthly repayments that helps you pay off that important purchase within four years.1 A loan that offers both certainty and control to help you get ahead.
Flexible features
- Withdraw funds whenever you like up to your approved credit limit, at the standard variable rate, currently 19.49% p.a. You don't need to reapply.
Upon approval of your application, simply call us to activate this limited-time offer.
Rethink banking.
Calculate your loan repayments4
Work out what you could be paying each month on your flexible personal loan by adjusting how much you'd like to borrow. The monthly payment here shows the payment required to pay off the balance in full over 4 years.
Plus you pay no annual or monthly fees3.
-
Introductory offer
Ability to make additional repayments
No early payout fees
Standard variable interest rate
Loan amounts
Security
Repayment frequency
Minimum repayments
-
2 years at 5.9% p.a.1
19.49% p.a.
Up to $48,0002
Unsecured
Monthly
Minimum repayments due monthly:
The greater of $30; or the sum of the interest charges for the Statement Period, plus 1% of your Card Balance, plus any billed late payment fees as at the end of the Statement Period. -
4 years from 8.99% p.a.1
19.49% p.a.
Up to $60,0002
Unsecured
Monthly
Minimum repayments including monthly fixed instalment:
The greater of $30; or the sum of the interest charges for the Statement Period, plus 1% of your Card Balance, plus any billed late payment fees as at the end of the Statement Period, plus any monthly instalment for that month.
-
Minimum income
Minimum age
Approval criteria
-
$35,000
18
- Have a good credit rating.
- Be a permanent Australian resident
-
$35,000
18
- Have a good credit rating.
- Be a permanent Australian resident
-
Establishment fee
Annual fee
Monthly fee
Late payment fee
Early termination fee
Redraw fee
-
$993
$0
$0
$10 for every 7 days
$0
$0
-
$993
$0
$0
$10 for every 7 days
$0
$0
Other fees and charges may apply.
Fees and charges apply. Terms and conditions apply and are available upon request. Credit criteria apply. Existing Ready Credit and Personal Credit customers are not eligible to apply for this introductory offer.
Ready Credit 2 years at 5.9% p.a.
- You can borrow funds at the 5.9% p.a. rate by a BPAY balance transfer, or by a cheque. This cheque will appear as a balance transfer (BT) on your statement. Your total balance transfers with this offer may not exceed 80% of your credit limit. The 5.9% p.a. interest rate applies to balances transferred with this offer at point of application and cheques-to-self with this offer within 90 days of account opening. Payments are applied to BT amounts before cash advances and retail purchases, and if your account has more than one BT, the BT at the lowest interest rate will be repaid first. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the Citibank Ready Credit standard Annual Percentage Rate, currently 19.49% p.a. Interest rates are variable and subject to change. This information is current as at 1 July 2014. This offer ends 31 December 2014. Offer may be extended.
- A credit line of between $5,000 and $60,000 will be assigned based on our credit criteria, your credit rating. Minimum income required is $35,000 a year. The promotional rate of 5.9% p.a. for 2 years may not exceed 80% of your credit limit.
- We will debit a $99 establishment fee to your Account on the same day that your first Account statement is issued, after you activate your account.
- Estimated fixed repayments on an Equal Payment Plan. Assumes minimum instalments are made by payment due date each month. Excludes establishment fee and other charges. Does not take into account other purchases and cash advances subject to interest at the standard interest rate. This is an example only. Your personal circumstances may differ.
Ready Credit 4 years from 8.99% p.a.
- Based on our assessment of your application and credit rating, upon approval you will be offered a promotional interest rate of 8.99% p.a. or 10.99% p.a. for four years on a Fixed Payment Option. You can borrow funds on your promotional rate by requesting a cheque at activation. (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) Your Fixed Payment Option amount uses part of your 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 at the standard variable rate, currently 19.49% p.a. (c) If you fail to pay the Monthly Instalment by the Payment Due Date, this instalment amount will be charged at the standard variable rate. We also reserve the right to cancel your Fixed Payment Option. If it is cancelled, the full outstanding balance of your Fixed Payment Option will also revert to the standard variable rate (d) For the full terms and conditions of your Fixed Payment Option, please refer to the Unsecured Revolving Credit Terms and Conditions. This offer ends 31 December 2014. Offer may be extended.
- A credit line of between $5,000 and $60,000 will be assigned based on our credit criteria, your credit rating. Minimum income required is $35,000 a year.
- We will debit a $99 establishment fee to your Account on the same day that your first Account statement is issued, after you activate your account.
- Estimated fixed repayments on an Equal Payment Plan. Assumes minimum instalments are made by payment due date each month. Excludes establishment fee and other charges. Does not take into account other purchases and cash advances subject to interest at the standard interest rate. This is an example only. Your personal circumstances may differ.
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