Citibank Personal Credit

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Get access to the funds you need with Citibank Personal Credit.

Important Information

This product is no longer on offer from Citibank. If you'd like to compare their range of personal loan offers please head over to the Ready Credit review or the Fixed payment option here.
Citibank Personal Credit account is an unsecured personal loan that lets you access your funds in a variety of ways. Access options include ATM withdrawals, a Visa Debit Card and a personal chequebook, making this loan option a convenient one for your everyday spending needs.

From 14.50% (fixed)

Interest Rate (p.a.)


Min Loan Amount

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Features of Citibank Personal Credit

  • Unsecured. This means you do not need to offer any assets as security.
  • Similar to a credit card. This account is basically a line of credit personal loan which can be utilised as a credit card. However, there is no restriction regarding fixed repayment terms. Furthermore, if you repay your existing credit you can access those funds again through your Debit MasterCard.
  • Cash advances. When you withdraw cash from a Citibank ATM using your Citibank Personal Credit Card, you'll not be charged for any cash advance fees. The card can be used at about 3,000 ATMs throughout Australia.
  • Loan amount. You can take out a minimum loan of $2,000 and a maximum of $60,000.
  • Fees.The application fee is $69 but there is no monthly service fee. Since there are no early repayment fees or penalties, you can make additional payments as you wish.

How to apply for Citibank Personal Credit

If you planned to apply for Citibank Personal Credit it would have taken you about 15 minutes to fill out the application form and receive conditional approval within one business day after submission of your application. It would have normally taken about a week for your loan release.

To apply for any Citibank Credit products you need to be 18 years or older, have a good credit rating, a taxable income of at least $35,000 and be a permanent Australian resident.

You'll need to provide:

  • Your personal details
  • Your employer's details and contact information
  • Details of your income, assets, debts and credit accounts

Citibank Personal Credit offered a range of attractive features to prospective borrowers. However, in order to ensure you end up with the right personal finance solution, take the time to compare your available options.

Personal Loan Offers

Important Information*
Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 25.69% p.a. based on your risk profile.
Apply for a loan up to $50,000 and repay your loan over 3 or 5 years terms.

Logo for ANZ Fixed Rate Personal Loan
ANZ Fixed Rate Personal Loan

You'll receive a fixed rate of 10.5% p.a.
Apply for up to $50,000 to use for a variety of purposes without needing to add security. Available to self-employed applicants. Note: These rates are available until 2 February 2021. Credit, eligibility criteria and terms & conditions apply.

Logo for NAB Personal Loan Unsecured Fixed
NAB Personal Loan Unsecured Fixed

You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% p.a. (13.56% p.a. comparison rate) or less. See Comparison rate warning in (i) above. Application fee of $150 waived off for applications submitted by 31 March 2021.

Logo for SocietyOne Unsecured Personal Loan
SocietyOne Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.

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    Default Gravatar
    January 22, 2015

    What is the minimum monthly payment (ie. what percentage of balance or fixed amount)?

      Avatarfinder Customer Care
      January 23, 2015

      Hi Graham,

      Thanks for your question.

      Personal loans generally don’t use a minimum monthly payment as a percentage because it has a set loan term. The minimum monthly payment or fixed repayment amount is calculated depending on your loan amount and loan term.

      If you’d like, you use our personal loan calculator to play around with some number to figure out what your repayments will be.


      Default Gravatar
      January 23, 2015

      That was not my question. On the Citibank link for the Citibank Personal credit (no set loan amount or term) it states minimum monthly payments applicable. These are usually calculated on a percentage of the amount owing. What is the percentage?

      Avatarfinder Customer Care
      January 23, 2015

      Hi Graham,

      Apologies I had mixed up the product. The minimum repayment is 2.75%.


    Default Gravatar
    May 28, 2014

    how much of a payment would be if I needed $5,000 each month

      Avatarfinder Customer Care
      May 28, 2014

      Hi Patty,

      Thanks for your question.

      Please use our personal loan calculator to give you an indication.


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