A market leading rate, great savings and the convenience of having everything under one roof.
Taking the complexity out of buying a home or investment property, the Citibank Home Owner Package helps you settle in sooner with competitive rates, great deals on your choice of an eligible credit card and a fee free Citibank Plus account.
The Citibank Home Owner Package:
Make the most of being a Citibank Home Loan customer, and enjoy a range of our rewarding financial products, plus great discounts and fee free packaging, with your choice of a Citibank Mortgage with any eligible Citibank Credit Card with zero or reduced annual fees and Citibank Plus everyday account. Citibank Mortgage Plus is available for home loans over $150,000.
Citibank Mortgage Plus:
- High-deposit home loans are rewarded with lower interest rates.
- Ensuring certainty in your repayments with our competitive fixed rates and save with our free 60-day rate lock.
- Free online redraw on the Standard Variable and Standard Offset Loans.
- No monthly account-keeping fees on your home loan products.
Take your pick from eligible Citibank credit cards:
- Your choice of an eligible Citibank credit card with $0 or reduced annual fees.
- A reward program with reward points that never expire.
- Complimentary International Travel Insurance for you and your family.
- Free access at over 3,000 Citibank, Westpac, St George, Bank of Melbourne and BankSA ATMs Australia-wide.
- Free international money transfers from Australia to any account, anywhere in the world.
- Free Visa Debit card, so you can shop online, in-store or overseas using your own money.
Enjoy the Citibank Dining Program:
- You'll receive a free bottle of award winning wine every time dine and pay with your Citibank card at Citibank Dining Program partner restaurants.
Settle in with:
Competitive home loan rates.$0
Or reduced annual credit card fee.$0
Monthly home loan account keeping fees.
Learn more about:
|Mortgage account keeping fee||Nil|
|Annual package fee||$350 p.a., irrespective of the number of home loan accounts (up to a maximum of 4 within the facility). Payable upfront.|
|Mortgage application fee||Nil|
|Home Loan Rates and Fees||View Rates|
|No annual fee credit cards||Citibank Rewards Credit Card - Platinum3
Citibank Rewards Credit Card - Signature3
|Citibank Plus Transaction Account monthly fee||Nil|
|Citibank Global Transfers fee||Nil|
|Home Loan products that qualify||Standard Offset Mortgage, Standard Variable Mortgage, Standard Fixed Mortgage (combined with a variable home loan product) and Mortgage Power.|
|Product combination||Any combination of eligible home loan products|
|Minimum loan amount||$150,000|
|Maximum loan amount||$4 Million|
|Loan term Maximum||30 years|
|How much of property value can I borrow?||Up to 90% plus LMI premium capitalisation~|
|Option of Interest-only repayments||Yes - for a maximum of 5 years|
|Additional repayments||Yes - at any time without penalty|
|Redraw||Yes - unlimited|
|Loan Portability||Yes - you can transfer your loan to a different property|
|Split accounts||Yes - up to 4 accounts with a minimum split amount of $20,000 per account|
|Personalised Rewards Program||Yes|
|Transaction Account included||Citibank Plus Transaction Account|
Our home building and contents insurance includes a range of features and benefits to give you peace of mind should the unexpected happen.
Extra ways to save:
- 10% online discount - Get up to 10% off your premium when you purchase online*^+
- Combined building and contents discount - When you combine your building and contents cover on the one policy, you'll be rewarded with a discount of up to 10%*+
- 30% no-claim bonus discount - We offer up to 30%*@+no claim bonus on our home insurance policy, meaning you'll save on your premium each year you don't make a claim, up to a maximum 30%*@+
- Increase your excess to reduce your premium - Our home insurance allows you to increase the excess payable in the event of a claim and we'll reduce your premium
The Citibank Home Owner Package gives you a range of discounts and rewards. Make the most of being a Citibank customer with the convenience of having everything under one roof.
Click on to expand and on to minimise the details.
About the Offer
From the date all the products are opened, including the home loan settlement.
No. The card is opened after the mortgage application is formally approved.
Yes, you will need to pay the valuation fee if it is above $500 and a settlement fee of $250.
You can choose either the Citibank Rewards Credit Card - Platinum and Citibank Rewards Credit Card - Signature.
No, you only have the choice of the following Citibank credit cards; Citibank Rewards Credit Card - Platinum and Citibank Rewards Credit Card - Signature.
No, the offer for a $120 cashback is only available if you take either the Starter or Saver Package.
The best way to check the status of your home loan application is to contact your Citibank Home Loan Specialist or your home loan broker.
It can take around 10 working days to give you a final approval on your application, including the inspection of the security property to determine its value. To allow enough time for the closure of your other loan (if you're refinancing) and provide all the information required for settlement, we suggest you submit your application at least one month prior to your anticipated settlement date.
Once you've completed the online enquiry form, one of our Home Loan Specialists will contact you within 24 hours (Monday to Friday) to discuss your loan options in full detail, along with ways you could structure your loan to suit your needs. Then, if you like, they'll send you more detailed product information together with an application form - or they can complete this for you over the phone. And relax; this entire process - including your application - carries no obligation until you agree you'd like to proceed with one of our loans.
Terms & Conditions apply and are available on request.
# Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply.
* Minimum premiums may apply. Any discounts/entitlements only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements.
^ Any online discounts offered are applied to our standard rates (excluding optional covers) and are for the first year's premium only (unless stated otherwise). From time to time, promotional or other discounts may be available for customers who apply for insurance via our Contact Centre.
@ To qualify for the maximum No Claim Bonus of 30%, customers must have had no home or contents insurance claims in the preceding five years. However customers who have had up to two claims may still qualify for reduced No Claim Bonus.
~ Rates quoted are subject to having Lenders Mortgage Insurance. Lenders Mortgage insurance is insurance that protects the financer in the event of default on home loan payments. It is available up to LVR 90% plus Lenders Mortgage Insurance premium capitalisation. Conditions apply.
Products are distributed by Citigroup Pty Limited ABN 88 004 325 080, AFSL No. 238098 Australian credit licence 238098 ("Citibank"). The issuer for this product is Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850 AFSL No. 234708. This website contains general advice only and does not take into account your individual objectives, financial situation or needs. Before acting on this advice you should assess whether it is appropriate for you. You should also consider the relevant Product Disclosure Statement ("PDS") before making a decision about the product. Normal acceptance criteria apply. Terms, conditions and policy limits apply as set out in the policy wording. If you purchase this insurance, Citibank will receive a commission that is a percentage of the premium, details can be provided on request.
Fees, charges and credit criteria apply. The product, rewards program and Dining Program terms and conditions that apply are available upon request. New residential home loans only. Package not available with Basic Variable home loans or standalone Fixed Rate loans. Citibank Plus not mandatory if you have a Standard Variable Offset Mortgage. Citibank Plus is issued by Citigroup Pty Limited ABN 88 004 325 080, AFSL No. 238098 ('Citibank'). Any advice is general advice only. It was prepared without taking into account your objectives, financial situation, or needs. Before acting on this advice you should consider if it's appropriate for your particular circumstances. Total balances held by a depositor with Citibank, up to an amount of AUD$250,000, automatically access the Financial Claims Scheme. For more information go to www.apra.gov.au or call 1300 55 88 49. Further information and our dispute resolution process is available at www.citibank.com.au or by phone on 1300 137 931.
New customers only. Offer ends 6th January 2015. If you do not qualify for one or more of the products, we will still proceed with your application for the remaining products, but you will not qualify for the package. We'll give you six months' notice if we vary your package benefits.
© 2017 Citibank, Australian credit licence 238098. Citibank®, Citi® and Arc Design® are service marks of Citigroup Inc.
+ Discounts may not be applied to any flood component of the premium (if applicable).