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Citibank Personal Credit 7.9%p.a.
Transfer your existing personal / car loan and/or credit card debt over to Citibank and pay 7.9% interest for the life of any balance transferred across from existing credit cards or personal / car loans.
Save up to $6,000 in interest on your current credit card or loan**.
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What We Love About This Offer
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Balance transfer rate of 7.9% p.a* is fixed for the life of the balance† tranfered from you existing loan or credit card.
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Repayments can be interest only.
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You can borrow between $5,000 and $25,000
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A revolving line of credit with no establishment, monthly or early termination fees
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Save up to $6,000** in interest on your current outstanding credit card and/or loan balances over 5 years.
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With the average credit card interest rate at just over 17% and the average unsecured loan rate at 15% the opportunity to transfer your existing debt to 7.9% p.a. for life is a fantastic opportunity
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The flexibility to obtain further cash or make purchases at a low 14.99%p.a.
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| ** The potential $6,000 saving in interest rate is calculated by comparing interest repayments on a $25,000 loan amount over 5 years. Repayments were both principle and interest. The compared interest rate in the calculation was 16%. This rate was chosen because it sits between our calculated average credit card interest rate and our calculated unsecured personal loan interest rate |
Terms & Conditions Citibank Personal Credit - Terms:
* 7.9% p.a. interest rate applies only to balances transferred with this offer.
† Balance transfers are repaid first. Transactions made other than with this offer will be subject to Citibank's standard Personal Credit rate currently 13.99% p.a., which is variable, subject to change and Citibank's credit criteria.
# Low annual fee of $69 applies. Currency conversion fee applies to transactions made in a foreign currency. Other service fees and charges including late payment fee and dishonour fees may apply.
^ The credit line of $5,000 to $25,000 is subject to Citibank credit criteria.
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Citibank Personal Credit
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