Things you should know

Fees and charges apply. Terms and conditions apply and are available upon request. Credit criteria apply. New applications only and is not available in conjunction with any other offers.

Citi Ready Credit

1. The introductory interest rate of 3.99% p.a. will apply to the initial balance transferred with this offer within 90 days 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 90 days 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 cash advances, retail purchases and the establishment fee, which attracts 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 limited to the first 500 accounts or until 30 September 2021, whichever occurs first. Post this advertised date, Citi reserves the right to continue, withdraw or change the offer at any time without notice.

2. Other service fees and charges including late payment fee and dishonour fee may apply.

3. An establishment fee of $199 will be debited to your 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.

9. The introductory interest rate of 0% p.a. will apply to the initial balance transferred with this offer within 90 days from account approval for a promotional period of 6 months. The 6 month 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 90 days 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% p.a. This offer excludes balances transferred from other Citi unsecured credit products. The introductory rate of 0% p.a. will also apply to the retail purchase balance, for 6 months from account approval. At the end of the introductory period, the interest rate on any outstanding balance transfer and the retail purchase balance will revert to the standard variable APR.  Balance transfers and retail purchases at the introductory interest rate are repaid before cash advances. Offer ends 30 September 2021. Post this advertised date, Citi reserves the right to continue, withdraw or change the offer at any time without notice.

10. A reduced establishment fee of $149 applies to applications submitted from 31 March 2021 to 30 September 2021 and will be debited to your 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.

Citi Personal Loan Plus

The advertised Citi Personal Loan Plus rate is for new loans only and is subject to change at any time. 

Your instalment loan will appear as a 'Fixed Payment Option' on your statement. Payment of the Monthly Instalment enables you to pay off the loan within your chosen term of 3, 4 or 5 years.

a) Any use of the reusable credit facility will require monthly repayments in addition to the Monthly Instalment. These amounts will be included in the Minimum Payment Due amount on your statement.

b) Monthly repayments will first be allocated towards payment of your instalment loan(s). Any additional payments will be applied to any balances that are not part of your instalment loan(s).

c) If you fail to pay your Monthly Instalment, the Bank reserves the right to cancel your instalment loan.

d) For the full terms and conditions of your instalment loan, please refer to the Unsecured Credit Terms and Conditions and Other Important Information.

This information is current as at 15 July 2021.

4. To be eligible to receive 110,000 Flybuys points, you must apply for a Citi Personal Loan Plus account by 31 October 2021 and activate your account within 30 days from approval. Citi will request your Flybuys membership number from you via email within 4 weeks from the date you activate your account. The Flybuys points will be credited to your Flybuys account within 3 months from the date Citi receives your Flybuys membership number. Your Citi Personal Loan Plus account must remain open and in good standing for the Flybuys points to be awarded. If you do not provide Citi with your Flybuys membership number within 30 days from Citi first requesting it, the Flybuys points will be forfeited. Membership of Flybuys is your responsibility. Flybuys points are administered by Loyalty Pacific Pty Ltd and subject to the Flybuys member Terms and Conditions, available at flybuys.com.au. This offer is valid until 31 October 2021. Post this advertised date; Citi reserves the right to continue, withdraw or change the offer at any time without notice.

5. Payment of the monthly instalment enables you to pay off your initial loan within your chosen loan term. You can choose to reuse credit up to your approved credit limit. Any use of the reusable credit facility will require additional monthly repayments on your loan. There will be no end date for your reusable credit facility. For the full terms and conditions of your instalment loan, please refer to the Unsecured Credit Terms and Conditions and Other Important Information.

6. Comparison rate is based on a 5 year unsecured variable rate loan of $30,000. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

7. An establishment fee of $199 will be debited to your 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.

8. No Monthly Account Service Fee applies to applications submitted from 31 March 2021 to 30 September 2021. Post this advertised date Citi reserves the right to continue, withdraw or change the offer at any time without notice.

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