Travel & rewards credit cards
Balance transfer credit cards
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No annual fee credit card
Citi Ready Credit
Personal Loan Plus
Help with loans
Turn your credit into cash by accessing from $500 up to 90% of your available credit. It’s like a cash advance, but you pay it back in monthly instalments at a lower interest rate over a term of your choice. Eligibility criteria applies.
Key Benefits
Quick access to cash
Turn your available credit into cash; a quick and easy way to access your available credit. Receive cash into your nominated Australian bank account within 3 business days.
No documentation required
Request via the Citi Mobile® App or Citi Online in a few simple steps without any documentation or credit checks.
Keep your interest-free days
Keep your interest free period for purchases by paying your full closing balance from your last statement by the payment due date, excluding any instalment balance not due for payment.
Manageable monthly instalments
Select a monthly repayment amount over a set term that suits you, with an interest rate that’s lower than the standard cash advance rate.
How it works in the Citi Mobile® App
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.
Not a Citi cardholder yet?
Become a Citi cardholder to take advantage of the benefits of an instalment plan.
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.