5.4 / 10

based on 1950 reviews as rated by Mozo community

Citi personal loans

As a bank with international presence in over 160 countries, Citi takes care of around 200 million customer accounts worldwide. When it comes to Citi’s personal loans you can choose between either a honeymoon offer which has a low rate for the first two years or a fixed rate loan, with a slightly higher rate that is locked in for the life of the loan. To help you decide which is your borrowing match, read our full run through below…

Citi offers the following personal loans

Rates and fees verified as correct at 07 March, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate from Comparison rate from Upfront fee
Personal Loan Plus (Variable, Unsecured)

9.99% p.a.to 17.99% p.a.

9.99% p.a.to 17.99% p.a.based on $30,000
over 5 years

$0

Ready Credit Flexible Personal Loan - 1 Year Introductory Rate (Variable, Unsecured)

5.90% p.a.

n/a

$199

Overview of Citi personal loans

Citi Personal Loan Plus

Whether you're planning a holiday or furnishing your new apartment, the Citi Personal Loan Plus will get you there. This is an unsecured personal loan with a low variable interest rate and you can choose a term between 3 - 5 years. You can also make additional repayments to pay your loan off quicker at no extra cost and best of all, there's no fee for repaying your loan early. On the other hand, there is a one-off upfront fee and monthly service fee to consider. This product also provides an ongoing reusable credit facility without needing to reapply.

Citi Ready Credit

Having Citi Ready Credit on hand means you'll always have a line of credit available to you, so you can take on life as it comes. Start off with a low introductory rate on purchases and the initial balance, but keep in mind the rate jumps pretty significantly after this period. You'll also have the flexibility to choose your own repayments (minimums apply). Plus, the establishment fee is waived for the first year.

Citi personal loan features at a glance

How do you apply for a Citi personal loan?

To apply for a personal loan with Citi, you have two options. One way is to visit the Citi website and follow the prompts to begin an application. Citi have a customer service team on call to ring if you have any questions. Alternatively Citi personal loan applications can be done at any provider branches around Australia.

To apply for a personal loan with Citi you will need:


How are Citi personal loans rated?

Mozo users have rated Citi personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of personal-loans
Citi personal loans
Overall
4.8/10
Price
Features
Customer service
Convenience
Trust

85 Reviews

Recent Citi personal loan reviews

Citi Personal Loan review
Overall 6/10
Not too bad

Interest rates are too high.

Read full review

Interest rates are too high.

Price
5/10
Features
6/10
Customer service
7/10
Convenience
6/10
Trust
9/10
Less
Salvatore, South Australia, reviewed about 2 months ago
Citi Ready Credit Flexible Personal Loan review
Overall 2/10
High rates, poor online and woeful communication.

A mass marketing campaign sucked me in, and now my goal is to get out as quick as possible. Exorbitant interest rates and charges, a website that is slow to update to the point a payment made can sometimes not show for 2 days. Where you can expect a barely intelligible call from an overseas call centre.

Read full review

A mass marketing campaign sucked me in, and now my goal is to get out as quick as possible. Exorbitant interest rates and charges, a website that is slow to update to the point a payment made can sometimes not show for 2 days. Where you can expect a barely intelligible call from an overseas call centre.

Price
2/10
Features
1/10
Customer service
2/10
Convenience
4/10
Trust
2/10
Less
Darren, New South Wales, reviewed about 1 year ago
Citi Ready Credit Flexible Personal Loan review
Overall 2/10
Nothing great about their service

Nothing to rave about

Read full review

Nothing to rave about

Price
5/10
Less
Kylie, New South Wales, reviewed about 4 years ago
Citi Ready Credit Fixed Payment Option review
Overall 10/10
Good customer service

I would recommend Citibank to others.

Read full review

I would recommend Citibank to others.

Price
10/10
Less
Raakel, Queensland, reviewed about 4 years ago

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Personal loan quick links