Citi Ready Credit Flexible Personal Loan

5.90% p.a.

n/a

$199

Rates

  • Variable

  • 5.90% p.a.variable

  • n/a

Fees

  • $199.00

  • $0.00

  • $10.00

  • $0.00

  • $0.00

Other financial bits

  • $5,000.00

  • $75,000.00

  • 3 Years

  • 7 Years

  • Unsecured

Features

  • Monthly

  • yes

  • yes

  • 7.9% p.a. on purchases and the initial balance for the first 2 years. A standard variable rate of 19.99% p.a. applies to balances after 2 years and redraws.

  • none

About Citi

Citi is the consumer banking arm of Citigroup, one of the world's biggest financial institutions. Citi was the first foreign bank to be granted a banking licence to operate in Australia. Citi is now the largest international bank in the country, serving millions of Australians with credit cards, mortgages, deposit accounts, charge cards and more.

How are Citi personal loans rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
4.5

Based on 40
Citi personal loans reviews

5.3 5.0 4.4 4.8 4.4

Read Citi personal loan reviews by the Mozo community

Latest reviews of Citi Ready Credit Flexible Personal Loan

Citi

Citi Ready Credit - 3 Year Introductory Rate (Line of Credit, Variable, Unsecured) personal loan review

Overall rating   9 / 10

Great rates with efficient responsive service

I wanted to consolidate and applied online for a Citibank loan. It was simple, quick and efficient. I was surprised how quick the response back to me was. I was sent in the mail the necessary paperwork with contact numbers and details - contacted...

Full review

I wanted to consolidate and applied online for a Citibank loan. It was simple, quick and efficient. I was surprised how quick the response back to me was. I was sent in the mail the necessary paperwork with contact numbers and details - contacted them directly and the customer service lady was terrific, explaining all i needed to know. The whole process has been surprisingly easy, so much so I kept thinking there must be more to this - but nope, all has gone very smoothly with no issues at all.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   5 / 10

Less

Pauline (VIC), reviewed over 2 years ago

Citi

Citi Ready Credit - 3 Year Introductory Rate (Line of Credit, Variable, Unsecured) personal loan review

Overall rating   8 / 10

Nice and easy loan

Online banking system is easy to use, statements are all password protected. Very smooth process.

Full review

Online banking system is easy to use, statements are all password protected. Very smooth process.

    Price   6 / 10

    Features   5 / 10

    Customer service   9 / 10

    Convenience   8 / 10

    Trust   6 / 10

Less

Charlotte (ACT), reviewed over 2 years ago

Citi

Citi Ready Credit - 3 Year Introductory Rate (Line of Credit, Variable, Unsecured) personal loan review

Overall rating   2 / 10

Poor decisioning and bad customer service

I was looking for a Personal loan for about 20k and few of the comparsion sites shows Citibank as offering at 6.99% interest. So I went ot the branch in Townhall in CBD and talked to the guy there. He said they can offer at 4.99 % if i take up...

Full review

I was looking for a Personal loan for about 20k and few of the comparsion sites shows Citibank as offering at 6.99% interest. So I went ot the branch in Townhall in CBD and talked to the guy there. He said they can offer at 4.99 % if i take up their free bank account offer. I was pretty happy with the offer and caluclated my loan amount would cost me 850 per month for 3 years.So he took down all my details like Salary slips,proof of identity etc. He also asked if i had a credit card and whats the limit on it which i said is 2500 AUD. They said they will process and let me know in 2-3 days but it actually around a week for them to give me a call. Frist the guy on the call was pretty rude and then he straight away aske dme some questions and then said i can only get 10k. When i asked them why it is so low he said they have some factors and as per that i could not get more than that. I earn 120K a year and save around 2.5 k per month after paying all my expenses, I have been very diligent with my credit card payments as well never missing a payment.I dont understand what are the factors they considered in deciding the loan amount but i found it very frustrating when i can easily afford loan amount like that. The guy on the phone sounded rude and had no patience for explaining why i Could not be granted 25k. My experience was not good...so i would not recommend it if you are in urgent need of money

    Price   5 / 10

    Features   2 / 10

    Customer service   2 / 10

    Convenience   2 / 10

    Trust   1 / 10

Less

Prashant (NSW), reviewed over 2 years ago

Citi

Citi Ready Credit - 3 Year Introductory Rate (Line of Credit, Variable, Unsecured) personal loan review

Overall rating   8 / 10

Only down fall ... Branches are in the city

Excellent service, love Citibank.

Full review

Excellent service, love Citibank.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Adrienne (NSW), reviewed about 3 years ago

Citi

Citi Ready Credit - 3 Year Introductory Rate (Line of Credit, Variable, Unsecured) personal loan review

Overall rating   7 / 10

Great customer service and easy application

The customer service is fantastic and the application process is easy. However, there are not a lot of physical branches to visit. If you like on-line service and banking this is it.

Full review

The customer service is fantastic and the application process is easy. However, there are not a lot of physical branches to visit. If you like on-line service and banking this is it.

    Price   8 / 10

    Features   8 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   8 / 10

Less

Jo (WA), reviewed about 3 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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