Personal Loans
Providers
Citibank Ready Credit
The Citibank Ready Credit account acts as an alternative to a personal loan or credit card, offering a flexible line of credit you can access anytime, anywhere.
It is ideal for debt consolidation - with 24 months available to pay just 2.9% p.a. on the balance that you transfer. Use this time to knock down the debts and free up your finances.
Best of all there's no ongoing account-keeping fees - no annual fee, no monthly servicing fees and no cash advance fees, ever. You only pay a low one off establishment fee of $69.
The application form will generally take around 10 minutes. You will need to provide contact details, employment status and your monthly income.
Be aware after the 24 months the rate will revert to the standard APR of 18.99% - the same rate applied to new purchases (outside the balance that you transfer).
Rates & Fees
| Advertised Rate | Apply Fee | Annual Fee | Comparison Rate |
|---|---|---|---|
| 18.99% | $0 | $0 | 0.00% |
Additional Rates
- Secured / Unsecured Unsecured
- Comparison Rate 0.00%
- Minimum Loan Amount $5,000
- Maximum Loan Amount $30,000
- Rate Type Variable
Review
Editors Review
A great option if you're in a position to pay the balance back within 24 months at the introductory rate. This reverts to the standard rate which is 18.99% p.a. after. You must discipline yourself not to top up the balance with the easy accessibility of funds.
Loan Features
- No early exit penalty
- Extra repayments allowed
- 100% loan available
- Redraw facility
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TweetTerms and Conditions
Fees and charges apply. Terms and conditions apply and are available upon request. Credit criteria apply.
1. Your total balance transfers with this offer may not exceed 80% of your credit limit. The 2.9% p.a. interest rate applies to balances transferred with this offer at point of application, for a period of 24 months. The 24 month promotional period commences once balance transfer is processed. Transferred balances are repaid first during this period before the establishment fee which attracts interest at the retail purchases rate. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the Citibank Ready Credit standard annual percentage rate, currently 18.99% p.a. Interest rates are variable, subject to change and credit criteria. The interest rates are current as at 1 January 2012.This offer ends 30 June 2012. Current Citibank Ready Credit and Personal Credit customers are not eligible to apply for this introductory offer.
2. Purchase Cover Insurance, Extended Warranty Insurance and Guaranteed Pricing Scheme are provided automatically to cardholders under a master agreement between Zurich Australian Insurance Limited.
2012 Citigroup Pty Limited ABN 88 004 325 080, AFSL No. 238098, Australian Credit Licence No. 238098. Citibank and Arc Design are service marks of Citigroup Inc.