Life can be unpredictable so it's good to know you can access credit card instalments to help you manage your budget. Turn big expenses into fixed monthly repayments or convert your available credit into cash when you need it and pay it back over a set term that suits you. Eligibility criteria applies.
Benefits of our instalment plans
Accessible
You can split your payments into instalments or convert available credit into cash via Citi Online or the Citi Mobile® App and apply without any documents or credit checks.
Your Instalment Plan Options
Look through all of our instalment plan options to find the one that works best for you:
Cash Instalments (Quick Cash)
Convert your available credit to cash and repay it in fixed monthly repayments at a set rate over a chosen period.
Statement Instalments (FlexiBill)
Turn some or all of your eligible purchases in your closing balance into fixed monthly repayments.
Transaction Instalments (PayLite)
Turn retail purchases of $50 or more into fixed monthly repayments before they appear on your statement.
Not a Citi cardholder yet?
Become a Citi cardholder to take advantage of the benefits of our instalment plans.
Download the Citi Mobile® App to get started
Alternatively, you can call us on 13 24 84 or +61 2 8225 0615 if you’re calling from overseas.
Frequently Asked Questions
My Application
My Application
How can I find out if I am eligible for an instalment plan?
How do I apply for an instalment plan?
I have set up an instalment plan but have changed my mind – what can I do?
Can I have more than one instalment plan?
Is the instalment plan part of my existing credit limit?
What are the minimum and maximum amounts I can request for instalment plans?
Instalment Plan Repayment
Instalment Plan Repayment
How do I make an instalment plan repayment?
How does the instalment plan repayment appear on my statement?
When will I be charged my first monthly instalment?
When are my instalments due?
What happens if I fail to make an initial interest charge and monthly repayment by the due date?
Can I pay more than the instalment plan repayment?
Can I pay off my instalment plan anytime?
If I currently have interest free days on purchases, how do I keep them whilst I've got an instalment plan?
Change and Cancellation
Change and Cancellation
Can I change the term of my instalment plan?
What if I want to cancel my instalment plan? Do I still have to pay any fees and charges?
Things you should know
An instalment plan is defined in the Credit Card Terms and Conditions and Other Important Information as a Fixed Payment Option (FPO). Your instalment plan offers are subject to eligibility and only available if your account is and remains in good standing (for example - your account is not in default, suspended or closed). Your instalment plan uses part of your existing credit limit. As you pay off your instalment plan, the amount you pay off will become available for you to use again as part of your credit limit at the standard annual percentage rate (APR) applicable to your account.
A fee may apply to set up an instalment plan.
During the cycle in which an instalment plan is set up, you will be charged an initial interest charge which will be included in the minimum payment due on your next statement (not applicable if the FPO APR is 0%). Subsequent statements will include an instalment for each month of the term.
While you have an instalment plan, payments will be applied to your initial interest charge or monthly instalment before all other balances, even if they attract a higher rate of interest.
If you fail to pay the minimum payment due or any other amount by its payment due date, we charge interest on any unpaid instalment, FPO fee or initial interest charge component (and any interest calculated on any of them, and any interest on that interest) from the day after the payment due date. It will be calculated using the daily retail rate and the daily calculation method until they are repaid in full. We may also cancel the instalment plan(s).
We will tell you if an instalment plan amount is overdue before we cancel the instalment plan(s). If your instalment plan is cancelled, the full outstanding balance of your instalment plan will revert to retail purchase interest rate (for Statement Instalment Plan and Transaction Instalment Plan) and the cash advance rate (for Cash Instalment Plan).
For the full terms and conditions that apply to instalment plans, please refer to the Credit Card Terms and Conditions and Other Important Information.
National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) ("NAB") is the credit provider and issuer of Citi branded credit products. NAB has acquired the business relating to these products from Citigroup Pty Limited (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) ("Citi") and has appointed Citi to provide transitional services.
"Citi", "Citibank", "Citigroup", the Arc design and all similar trade marks and derivations thereof are used temporarily under licence by NAB from Citigroup Inc. and related group entities.