Important disclosure

Citi

Citi Personal Loan Plus

Real Time Rating™

  • 3 to 5 years
  • Unsecured
  • Variable Rate
  • No ongoing fees
Interest Rate

10.90%

p.a

Comparison Rate*

11.19%

p.a

Real Time Rating™
Tags
  • 3 to 5 years
  • Unsecured
  • Variable Rate
  • No ongoing fees
Interest Rate

10.90%

p.a

Comparison Rate*

11.19%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$981

based on $30,000 loan amount for 3 years at 10.90%

Pros and cons

For Citi Personal Loan Plus

Benefits

  • No ongoing fees
  • Unlimited extra repayments
  • No security required
  • Can apply online
  • Use the loan for any worthwhile purpose

Drawbacks

  • Higher than average application fee
  • Monthly repayments only
  • Cannot apply in branch

Citi Rate Personal loan overview

For Citi Personal Loan Plus

Details

Total repayments

Interest rate type

Variable

Borrowing range

$2k - $55k

Security type

Unsecured

Loan term

3 to 5 years

Secured by

Loan type

Is Fully Drawn Advance

Repayment frequency

Monthly

Target Market Determination

Visit Citi to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

N/A

Fees

Upfront Fee

$199

Ongoing Fee

$0

Missed Payment Penalty

$15

Early Exit Penalty Fee

$0

Permitted Loan Purposes

New Car

Used Car

Motorcycle

Boat

Debt Consolidation

Renovation

Holidays

Medical Bill

Shares

Student Loan

Wedding

Disclaimer

National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) is the credit provider and issuer of Citi branded financial and credit products. NAB has acquired the business relating to these products from Citigroup Pty Ltd (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) (“Citi”) and has appointed Citi to provide transitional services.

“Citi”, “Citibank”, “Citigroup”, the Arc design and all similar trade marks and derivations thereof are used temporarily under licence by NAB from Citigroup Inc. and related group entities.

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FAQs

How long are $3000 loans?

Medium amount loans can be repaid between 16 days and 2 years. Many personal loans have terms between 1 year and 5 years, though some are as short as 6 months while others last for 10 years.

Generally, the shorter a loan’s term, the more expensive your regular repayments may be, but the less total interest you’ll pay. Loans with longer terms mean more affordable repayments, but more interest charges over the full term.