Card Features
Card Issuer
CitibankReady Credit Card
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.
Start saving today with a low 2.9% p.a. for 24 months on balances transferred. Any oustanding transferred balances revert to the cash advance rate of 18.99% p.a. after 24 months.
Best of all there's no ongoing 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.
Rates & Fees
| Interest Rate | Balance Transfer | Annual Rate | Interest Free |
|---|---|---|---|
| 18.99%p.a. | 2.90%24 months | $0 | 0 days |
Key Features
- Pay no annual fee, monthly service fee or cash advance fees (only a once of $69 establishment fee)
- Generous credit line between $5,000 and $30,000 depending on Citibank's Credit Criteria
- Comes with a Visa Debit Card
Pros & Cons
Pros
- 2.9% p.a. on balance transfers for the first 24 months
- no annual, monthly, or cash advance fees
- Generous credit line between $5,000 and $30,000 depending on Citibank's credit criteria
Cons
- Purchase and cash advance rate of 18.99% p.a.
- Balance transfer rate reverts to cash advance rate of 18.99% p.a.
Application Criteria
- You must be at least 18 Years of Age
- You must have a Good Credit History
- You must be Permanent Resident or Australian Citizen
- You must earn a Minimum Income of $35,000
Share this card
TweetTerms and Conditions
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. A credit line of between $5,000 and $30,000 will be assigned based on our credit criteria, your credit rating, and subject to confirmation that you earn a minimum of $30,000 per year.
3. Applies to Citibank, Westpac, St George, Bank of Melbourne and Bank SA branded ATMs around Australia.
4. An establishment fee of $69 will be applied to your account upon activation.
5. Citibank's Dining Program is operated by Pinpoint Pty Ltd ABN 49 002 693 656 and Zenith Wine Agencies Pty Ltd ABN 66 128 399 717. Please visit citibank.com.au/dining for important information about how to use this program to receive a free bottle of wine.
6. World privilege payment must be made using a Citibank Credit or Visa Debit. Refer to citiworldprivileges.com for up-to-date offer details.
7. Citibank Travel Program is operated by Pinpoint Travel Group Pty Ltd. Licence No. 2TA002974. Visit citibank.com.au/lendingtravel for details.
8. Visa Entertainment Offers supplied by Visa. Visit visaentertainment.com.au for details.
9. 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.