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3.99% p.a. for 3 years on the initial balance transferred to your bank account.1 Easy.

Apply now  Or call us on 1300 790 926

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3.99% p.a.

3 years

on the initial balance transferred to your account1

Apply now

A handy pool of funds ready for you to dip into.

Save with just 3.99% p.a. for the first 3 years on the initial balance transferred1
Request the transfer of up to 100% of your credit limit to an Australian bank account in your name
Choose your own repayments each month, over the minimum payment due
Only pay interest on the amount you have used, not on your whole credit limit
Credit limit between $5,000 and $75,000                                   
No monthly or annual fees. Just a one-off establishment fee of $1992

Citi Ready Credit is a line of credit that you can dip into whenever you need, without reapplying. With the introductory offer of 3.99% p.a. for 3 years on the initial balance transferred, you can request the transfer of funds to your bank account.1 Whether it’s for a big purchase, a big event or paying off a balance elsewhere, Citi Ready Credit ensures you have the funds you need, when you need. Apply online in as little as 10 minutes.

A standard variable rate of 20.49% p.a. applies to the balance after 3 years, ongoing purchases and cash advances.

What can I use it for?

Citi Ready Credit is very flexible, here are just a few examples:

Pay off a balance elsewhere

Renovate the kitchen or build yourself a deck

Buy that special someone an engagement ring

Cover unexpected costs, such as car repairs or school fees

Repayment calculator

To give you an idea of your estimated monthly repayments on the initial amount transferred to your account, enter the amount you'd like to borrow.

Balance Transferred


Interest rate

3.99% p.a.

Your representative monthly repayments

$296/ month

Your monthly repayments are flexible. This is the monthly repayment you would need to repay the initial balance transferred in full at a rate of 3.99% p.a. over 3 years. It does not take into account the establishment fee, ongoing purchases and cash advances.
The minimum payment due on your statement will not be the same as the monthly repayment shown here. You can pay more than the minimum payment due with no additional repayment fee.
A standard variable rate of 20.49% p.a. will apply to the balance after 3 years and any ongoing spend and cash advances.

Here's what you'll
need to apply for Citi Ready Credit

Around 10 minutes to complete the application

Earn more than $40,000 a year

Be 18 years or older and a permanent Australian resident

Top tip: Upload your documents (e.g. drivers licence, Medicare card and proof of income) with your application for a faster review.

Rates and Fees


Introductory rate
3.99% p.a. for 3 years on the initial balance transferred1

Standard Variable Rate (APR)
20.49% p.a.

Establishment fee

Monthly service fee

Cash advance fee

Early pay out fee

Additional repayments fee

There may be circumstances in which you have to pay other fees. A full list of current fees applicable to this credit card can be viewed at the Citi Lending fees and charges page.



Complimentary Purchase Cover Insurance3

Receive 90 days complimentary insurance up to specified amounts against loss, theft or accidental damage on covered products purchased anywhere in the world using your Citi Lending Debit Mastercard®4 if you make a claim within 21 days.

Complimentary Extended Warranty Insurance3

Receive Extended Warranty Insurance for eligible purchases up to a maximum of 12 months from the manufacturer's warranty (for the same period as the original written warranty), for the cost of repairing or replacing the purchase made on your Citi Lending Debit Mastercard in the event that the product breaks.

Complimentary Guaranteed Pricing Scheme3

Purchase a product using your Citi Lending Debit Mastercard, and get the best price if, within 60 days of the purchase, it’s available for a lower price from a store within a 25 kilometre radius from where the covered product was purchased. If the price difference is greater than AU$75, we will refund the price difference up to $500. (Internet purchases are excluded).

Read more about our insurance products.
Mother and son renovate

Not quite what you're looking for?

Consider Citi Personal Loan Plus with a low variable rate of 8.90% p.a. and fixed monthly repayments for 3, 4 or 5 years. Comparison rate 9.18% p.a. Comparison rate warning. Fees and charges, T&Cs apply.

Learn more >

Citi Ready Credit FAQs

  • What is a line of credit?

    A line of credit is a credit facility with a predetermined limit which you can draw down upon as required. A line of credit can be helpful for cash flow management, as it allows access to funds as and when required, without needing to reapply. A line of credit does not incur annual or monthly fees, repayments are made monthly based on the amount of credit you’ve used. Citi Ready Credit comes with a one-off establishment fee of $199.2

  • What might a line of credit be suitable for?

    Citi Ready Credit is very flexible and can be used for a range of purposes to suit your lifestyle, for example:

    • Home renovations
    • A milestone celebration
    • Unexpected expenses such as a vet bill or school fees
    • Or general cash flow management to allow you to budget better as expenses may go up and down each month.

    Citi Ready Credit is not suitable for debt consolidation, investment purposes or living expenses.

  • What is a balance transfer and how could it help me to save on interest?

    • A balance transfer is when you move an outstanding amount you owe, called a balance, from a credit card or a personal loan over to another account
    • The new account you move the balance over to should have no or a low interest rate for an introductory period
    • If you pay off the balance in full before the introductory period expires then this can result in you paying less in interest and save you money
    • Citi Ready Credit is an alternative to a personal loan or a balance transfer credit card and has a great low rate of just 3.99% p.a. for 3 years on the initial balance transferred.1
  • How can I make a balance transfer work for me?

    1. Make sure you know how long the low or no interest rate period is and ensure you pay off the balance in time – Citi Ready Credit has a 3 year balance transfer period
    2. Make sure the credit limit you’re approved for on your new balance transfer is high enough to cover your existing balance being transferred over
    3. Plan out your monthly repayments to ensure you can afford to pay off the balance on time
    4. It’s a good idea to limit your ongoing purchases and cash advances on your old credit cards, and Citi Ready Credit, to what you can afford to repay. If your balance transfer was to pay off old credit card debt you should cancel or reduce the credit limit of that card.

  • Am I ok to apply if I’m already a customer?

    Absolutely. Existing customer can apply, but must have all other Citi credit accounts in good working order for at least 6 months before applying for another Citi credit product.

  • What documents do I need for a loan application?

    Here's a quick checklist of the documents you'll need to apply:

    • Address proof
    • Income proof
    • Proof of employment

    Top tip: upload these documents with your application for a faster review.

Calculators & Tools

Borrowing Power Calculator

Estimate what you can borrow with our helpful borrowing power calculator

How much can I borrow

Compare Loans

Compare our Personal Lending products and find the one that best suits your needs

Compare Loans

Got any questions about Citi Ready Credit? Give us a call on 1300 790 926 to talk it through.

Important information

Refer to the full Terms and Conditions related to this product here. To obtain a copy of the Target Market Determination (TMD) related to this product click here.

Fees, charges and credit criteria apply. Introductory offer is for new Ready Credit applications only.

This information is accurate as at 4 October 2021.

  1. The introductory interest rate of 3.99% p.a. will apply to the initial balance transferred with this offer within 3 months from account approval for a promotional period of 3 years. The 3 year promotional period commences once the initial balance transfer is processed. If you request a balance transfer with your application, this will be processed when you activate your account. If you do not request a balance transfer with your application, you will need to call us within 3 months from account approval to request one, otherwise the introductory rate will not apply to your balance transfer and you will be charged the standard variable APR, currently 20.49%. Balance transfers are repaid before retail purchases and cash advances, which attract interest at the standard variable APR. At the end of the promotional period, the interest rate on any outstanding balance transfer will revert to the standard variable APR. Excludes balances transferred from other Citi unsecured credit products. This offer is available until 31 December 2021. Post this advertised date, Citi reserves the right to continue, withdraw or change the offer at any time without notice. This promotion/offer is treated as a Balance Transfer in accordance with our Terms and Conditions.
  2. An establishment fee of $199 will be debited to your Citi Account on the date we issue you a statement of Account for the Statement Period in which you first use or activate your Account. The establishment fee is billed in addition to the amount borrowed. Other service fees and charges including late payment fee and dishonour fee may apply.
  3. Complimentary insurance covers are subject to eligibility requirements : Terms, conditions, limits and exclusions apply.  Refer to the Complimentary Insurance Description of Insurance Cover for further information. AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 has issued an insurance group policy to Citigroup Pty Limited ABN 88 004 325 080 AFSL and Australian credit licence 238098 (Citi) which allows eligible Citi account holders and cardholders to claim under it as third party beneficiaries. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The terms, conditions, limits and exclusions of the group policy are set out in the Description of Insurance Cover Terms and Conditions which may be amended from time to time. Citi does not guarantee this insurance.
  4. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.


© 2021 Citigroup Pty Limited. All rights reserved. ABN 88 004 325 080, AFSL No. 238098, Australian credit licence 238098. Citi, Citi and Arc Design and other marks used herein are service marks of Citigroup Inc. or its affiliates, used and registered throughout the world.


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