Citi Personal Loan Plus

Citi Personal Loan Plus

Citi Personal Loan Plus

From

8.99 % p.a.

variable rate

From

9.67 % p.a.

comparison rate

  • Loan amounts from $5,000
  • Offers a reusable credit facility
  • Repay over 5 years
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100% confidential application

More info Go to site
What happens when I click Go to site?
  • Clicking Go to site will take you to your Online Application on the product issuer's website. You do not need to be an existing customer of this provider to apply.
  • Your application will typically take you no more than 10-15 minutes to complete
  • You'll be given a decision on your application from the lender and you could have the money in your account within 24 hours.
Click here to start your application >>

Get a personalised interest rate and access to a reusable credit facility with the Citi Personal Loan Plus.

The Citi Personal Loan Plus is a flexible loan option with a reusable credit facility that can be used for any worthwhile purpose. The loan also offers risk-based pricing, meaning you will be given a personalised interest rate based on your financial and borrowing history.

Find out more about the loan in this review.

Product NameCiti Personal Loan Plus
Interest Rate (p.a.)From 8.99% (variable)
Comparison Rate (p.a.)9.67%
Interest Rate TypeVariable
Min Loan Amount$5,000
Max. Loan Amount$75,000
Loan SecurityUnsecured

Pros

  • Get a personalised interest rate
  • Repay the loan early or make extra repayments
  • Get a rate estimate without affecting your credit score

Cons

  • $5,000 minimum borrowing amount
  • $10 monthly fee when you carry a balance
  • Earn more than $40,000 p.a.
  • Australian resident
  • At least 18 years old
  • Not an existing customer

Main points to consider with the Citi Personal Loan Plus

This loan has a reusable credit facility, meaning you can continue to redraw on your available credit throughout your loan term. You can apply for an amount between $5,000 and $75,000.

The interest rate you receive will depend on your financial history and current circumstances, with variable rates starting from 8.99% p.a. up to 17.99% p.a. You can receive a rate estimate without it affecting your credit score. The establishment fee is waived if you apply before 30 September 2019. You will also pay a $10 monthly fee when you carry a balance.

Features of the Citi Personal Loan Plus

  • Personalised variable interest rate. You will receive a personalised rate of between 8.99% p.a. to 17.99% p.a.
  • Rate estimate. Before you apply, you can receive an estimate of the interest rate you'll receive without it affecting your credit score.
  • Establishment fee. You will pay no initial fee if you apply before 30 September 2019. .
  • Loan amount. Apply for an amount to suit your needs from $5,000 to $75,000.
  • Continued access to your funds. This loan has an optional credit facility, so you will have the ability to redraw on your available credit throughout your loan term.
  • Loan term. Choose either a 3-, 4- or 5-year term depending on your needs and your ability to manage repayments.
  • Use for any purpose. This loan can be used for any general purpose, such as a holiday or renovations.
  • Monthly repayment cycle. Repay the loan in fixed monthly instalments so you will know in advance how much you are up for each month.
  • Make additional repayments. Make additional repayments on top of the monthly instalments, or pay off your loan early, without being charged a fee.

Fees and charges

  • Establishment fee. The establishment fee is waived if you apply before 30 September 2019.
  • Monthly fee. Every month you carry a balance on your credit facility, you will need to pay a $10 monthly fee.
  • Late payment fee. You will be charged $30 for every time you do not make your minimum repayment on time, or do not pay any overdue amount before the due date.

There are no additional repayment fees and you are able to pay off the loan early without penalty.

How to apply for the Citi Personal Loan Plus

Click the “Go to site” button above to start your application. To be eligible for the Citi Personal Loan Plus you need to be:

  • Earning more than $40,000 p.a.
  • An Australian citizen or permanent resident
  • At least 18 years old

During the application process you will need the following documents:

  • Proof of income (recent payslips and last year’s tax return)
  • Proof of identity (passport, driver's licence and Medicare card)

The Citi Personal Loan Plus

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Personal Loan Offers

Important Information*
Logo for Citi Personal Loan Plus
Citi Personal Loan Plus

You'll receive a variable rate between 8.99% p.a. and 17.99% p.a. (9.67% p.a. to 18.6% p.a. comparison rate) based on your risk profile
A credit limit up to $75,000 that you can continue to draw down over terms up to 5 years. Note: The establishment fee will be waived if you apply before 30 September 2019.

Logo for ING Personal Loan
ING Personal Loan

You'll receive a fixed rate of 8.99% p.a.
Benefit from no ongoing fees, no early repayment fees and flexible loan terms on amounts up to $30,000.

Logo for NOW FINANCE Personal Loans
NOW FINANCE Personal Loans

You'll receive a fixed rate between 8.95% p.a. and 16.95% p.a. based on your risk profile
Apply for loans from $5,000 and get a dedicated loan manager. No security required.

Logo for Westpac Unsecured Personal Loan
Westpac Unsecured Personal Loan

You'll receive a fixed rate of 12.99% p.a.
Benefit from the security of a fixed rate with the flexibility of additional repayments. Existing Westpac customers may qualify for discounts.

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2 Responses

  1. Default Gravatar
    DaliborJune 8, 2018

    What Is the best option to repay a car loan and a credit card loan?
    A new low rate credit card perhaps?

    • Avatarfinder Customer Care
      NikkiJune 8, 2018Staff

      Hi Dalibor,

      We’ve read your message, Thanks!

      Please know that we are a product comparison website built to give you general information and advise.

      You may look at this page on how to repay your credit cards and car loan altogether.

      Hope this helps.

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