Citibank Australia is part of one of the world’s largest financial services organisations, Citigroup. Citigroup has a presence in over 100 countries and has been providing consumer finance to Australians since 1985. The groups culmination of global experience enables them to offer some of the world’s most innovative financial services including foreign currency deposits, credit cards, home loans, savings accounts, special lendings, term deposits, insurance and transaction accounts. Their customer services also extend to corporate, institutions and governments. Diners Club, Citi Smith Barney, Citi Investment Research and The Citi Private Bank are all esteemed brands operating under the Citi Australia umbrella.

Citi car loan repayment calculator

Thinking about taking out a car loan with Citi? Use our car loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Citi car loan compare with various products.

About Citibank

Citi, the local arm of global financial services company Citigroup, has had a presence in the Australian banking space since 1985. It offers a range of personal loans for a variety of purposes, including renovations, holidays, paying school fees and debt consolidation. Its other products include home loans, insurance, transaction accounts and wealth management services. The lender can be contacted via phone, email or by stepping into a branch in metropolitan parts of Australia.

Features of a Citibank Car Loan

Citibank loans can be used to pay for new or used vehicles, car registration, dealer delivery charges, CTP or compulsory third party insurance and stamp duty. Citibank loans have no ongoing fees or early exit penalties and you can apply online for the loan. There are no early payment charges or exit fees, so you can make a lump sum repayment at any time.

Citibank loans have a credit limit from $5000 to $75,000. They include an upfront application fee and missed penalty fee of $10, however there are no annual fees charged. They also include a redraw facility at the standard variable rate.

Customer service

  • Customer service centre (phone)
  • Mobile app
  • Online banking
  • Email
  • Branch
  • Mobile banking staff


  • No ongoing fees
  • No early exit penalty
  • Can apply online


  • Application Fee charged

What RateCity says

Citibank variable personal loans can be used for new or used car purchases. A variable interest rate on your car loan is adjusted from month to month by the lender, so consider whether these rates could increase in the future as this will affect your budget. Citibank loans have minimal fees compared to other loans, allowing borrowers the opportunity to save and pay off their loan. There are no early exit penalties or annual fees involved and Citibank loans also allow borrowers to make additional payments, withdraw additional repayments when desired. Citibank loans do have upfront fees but this is common across personal loans.

Citibank personal loans are unsecured, meaning they are riskier for the lender as no security item is provided by the borrower. Due to this risk, have higher than average interest rates than secured loans. However, they do offer unsecured loans that still have a lower than average interest rates, making them a competitive choice against other lender products.


To be eligible for a Citibank personal loan, applicants must:

  • Earn an income of $40,000 p.a. or more
  • Be 18 years of age or older
  • Be permanent Australian resident
  • Have a good credit rating
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