
Tap into smarter spending with your Citi Lending account
Book your next big holiday. Pick up a second hand car. Get a home makeover. If you have a big purchase in mind, the reusable line of credit on your
Citi Lending account can help make it happen.
How you can make the most of your Citi Lending account
What is a line of credit?
A credit facility that allows you access to funds within your available credit limit, as needed. A line of credit can be helpful for large purchases and expenses or an unexpected event, as it means you can access your available funds sooner without needing to reapply.
Benefits of your line of credit
Having an accessible line of credit means that once you have an available balance you can draw down on your account as you need, without needing to reapply for credit.
How to pay with your Citi Lending account
Here are 3 ways to tap into your Citi Lending account for simpler payments:
We’re here to support you with your financial needs. Should they change, you can easily manage your credit limit on your Citi Lending account by requesting a decrease by contacting us via citibank.com.au/contactus. If you would like an increase to your credit limit, you must wait 6 months from account activation and start using your account before you can apply for a credit limit increase. Your application will be subject to meeting the eligibility criteria.
Instalment plans on your Citi Lending account
Once you've made a purchase on your account or if you require cash for a future purchase, you may wish to convert it into an instalment plan. Whether it’s a second hand car or if you've recently booked a holiday on your Citi Lending account, you can pay them off with an instalment plan.
What is an instalment plan?
Instalment plans are a flexible repayment option that lets you pay off a portion of your balance at a lower rate than your standard variable Annual Percentage Rate(APR) applicable to your account. With an instalment plan, you can request cash, convert purchases/cash advances or a portion of your statement balance, within your available credit into regular monthly repayments. Instalment plans are set up with a fixed rate and paid down over a set term.

What are the different types of instalment plans?
You can request cash as an instalment plan or convert your purchases and cash advances into an instalment plan.
Here are 3 instalment plans you can pick from:

How do instalment plans get paid down on my Citi Lending account?
When you have an instalment plan, your payments to your Citi Lending account will generally first be applied to any initial interest charge, monthly instalment, FPO fee and related interest.
This means that the monthly instalment that is due is paid before your other balance types even if they have a higher rate of interest (e.g. balance transfers, retail purchases or cash advances).
When you take up an instalment plan it helps you repay the amount borrowed within a fixed term that you choose, at a lower rate than the standard variable APR applicable to your account. Your instalment loan will appear on your monthly statement with the Fixed Payment Option Summary section under your transactions list.
For more information, please refer to Application of Payments in the Unsecured Credit Terms and Conditions and Other Important Information.
What will my instalment plan interest rate be?
Instalment plans are set up with a fixed interest rate for the term of the instalment plan. The interest rate will vary depending on your eligibility. To find out if you are eligible for an instalment plan please see ‘How can I take up an instalment plan’ section below.

How can I take up an instalment plan?
Instalment plan offers are subject to eligibility. To find out if there is an instalment plan offer available to you please follow the below steps.
STEP 1:
Sign into the Citi Mobile® App.
STEP 2:
Select the Citi instalment plan offer on your dashboard.
STEP 3:
Complete and submit the request form.
STEP 1:
Sign on to Citi Online and go to My Offers.
STEP 2:
Click the Lending offers and select your preferred
Citi instalment plan offer.
STEP 3:
Complete and submit your request.
To Sign on to Citi Online please click the link below.
Balance Transfers on your Citi Lending account
Balance Transfers provide you with convenient access to funds.
To see if you’re eligible for a Balance Transfer offer on your existing Citi Lending account, please visit My Offers by signing on to Citi Online, clicking on ‘Offers’ and then select ‘Lending’. Alternatively, you can call us on 13 24 84, to see if you are eligible. To find out more about Balance Transfers, please click Learn more.
To see if you’re eligible for a Balance Transfer offer on your existing Citi Lending account, please visit My Offers by signing on to Citi Online, clicking on ‘Offers’ and then select ‘Lending’. Alternatively, you can call us on 13 24 84, to see if you are eligible. To find out more about Balance Transfers, please click Learn more.
For more information on how to manage your account, please click Learn more below.