Citi Ready Credit

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Need a holiday? Want to upgrade your car or make a few home improvements? Choose Citi Ready Credit to get access to funds that are ready when you are. 

Citi Ready Credit is a line of credit with a predetermined limit that gives you access to funds when you need them.

Now it could be even more rewarding with 70,000 Qantas Points* available when you apply by 30 April 2024, and request a balance of $5,000 or more to be transferred to your bank account within three months of approval.

Plus, you’ll also enjoy an introductory offer of 8.9% p.a. for five years^ on the initial balance that you request to be transferred to your bank account within three months of approval (a standard variable rate of 20.49% p.a. applies to any unpaid balance transferred after five years and any purchases or cash advances during or after the promotional period).

There are more great reasons to choose Citi Ready Credit:

  • Flexible monthly repayments: Choose what you repay each month (as long as it is above the minimum payment due).

  • Take control of your finances: Pay interest only on the amount you’ve used, not on the whole credit limit.

  • One off establishment fee: Just a one off establishment fee of $199.<

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How does the introductory offer work?

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Apply online by 30 April 2024
Once approved, request $5,000 or more to be transferred to your bank account within three months.

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Ensure you make repayments on time 
Maintain a balance on your account and make your repayments on time. This will be checked before we transfer your Qantas Points.

step 3

Provide Citi with your Qantas Frequent Flyer number
Keep an eye on your inbox or phone, as Citi will request your Qantas Frequent Flyer number.  

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For more information on the eligibility criteria for earning 70,000 Qantas Points check out the Citi website for detailed stepsOpens in a new tab or window

Important information

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.

Our/us/we mean NAB unless the context otherwise requires it.

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

The credit products referred to on this webpage are not Qantas products and are not offered or issued by Qantas but by the relevant credit licensees referred to above. The information about the credit products has been provided by the relevant credit licensees and not Qantas. Qantas does not hold an Australian Credit Licence and is not a licensee in relation to the credit activity being engaged in by the relevant credit licensees. 

The information on this webpage is factual and of a general nature only and does not consider your personal objectives, financial situation or particular needs.  

Qantas is not recommending the products described on this webpage. We recommend that you obtain independent advice before you apply for any product which is described on this webpage. Qantas does not accept liability for any loss arising from the use of, or reliance, on the information provided on this webpage. 

Disclaimer: ^Introductory rate: The introductory interest rate of 8.9% p.a. will apply to balance transfers you request with this offer within three months from account approval. The introductory rate of 8.9% p.a.will apply for a promotional period of five years. The five-year promotional period will commence once the initial balance transfer is processed. This promotion will be treated as a balance transfer in accordance with the Unsecured Credit Terms and Conditions and Other Important InformationOpens in a new tab or window. Any balance transfer requests submitted with your application will be processed when you activate your account. If you do not submit a balance transfer request with your application, you will need to call us to submit a balance transfer request within three months from account approval to request one, otherwise, the introductory rate will not apply to your balance transfer and you will be charged the standard variable Annual Percentage Rate (APR), currently 20.49% p.a. During the introductory period, repayments are allocated to balance transfers before retail purchases and cash advances, which attract interest at the standard variable APR of 20.49% p.a. At the end of the promotional period, the APR on any outstanding balance transferred with this offer will revert to the standard variable APR. This offer excludes balances transferred from other Citi branded unsecured credit products. Offer ends 30 April 2024. Post this advertised date, NAB reserves the right to continue, withdraw or change the offer at any time without notice. 

Disclaimer: < Establishment fee: An Establishment Fee of $199 will be debited to your Ready Credit account on the date NAB issues the first statement of account after you activate your account. The Establishment Fee is billed in addition to the amount borrowed. Other service fees and charges including late payment fee and dishonour fee may apply. Post this advertised date, NAB reserves the right to continue, withdraw or change the offer at any time without notice.

Disclaimer: *Offer eligibility: To be eligible to earn 70,000 Qantas Points, you must apply for this offer by 30 April 2024, request a balance transfer of $5,000 or more within three months of approval, and provide your Qantas Frequent Flyer membership number linked to an account in your name to NAB within two months of our request for it. Your account must be open, and in good standing (for example, your account is not in default or suspended) and must maintain a debit balance until the Qantas Points are credited. If you do not provide your Qantas Frequent Flyer number within two months from when NAB first request it, the Qantas Points will be forfeited. Offer exclusions: This offer is available only once per customer. This offer is not applicable or valid in conjunction with any other advertised or promotional offer. If you have previously received, or are entitled to earn, 70,000 Qantas Points with this offer, you will not be eligible to earn another 70,000 Qantas Points with this offer. Requesting your Qantas Frequent Flyer number: NAB will send you an email maintained on your Citi Ready Credit account requesting your Qantas Frequent Flyer membership number from you, within two months from the date your initial transfer of $5,000 or more was processed. NAB may also send you an SMS. Receiving your Qantas Points: The Qantas Points will be credited to your Qantas Frequent Flyer account within two months of NAB receiving your Qantas Frequent Flyer number. Offer expiry: This offer is valid until 30 April 2024. Post this advertised date: NAB reserves the right to continue, withdraw or change the offer at any time without notice.

About Qantas Frequent Flyer: You must be a Qantas Frequent Flyer to earn and redeem Qantas Points. A joining fee can apply, however, new customers who join will have the joining fee waived by Qantas. Please ensure you provide your valid Qantas Frequent Flyer membership number. The Qantas Frequent Flyer membership must be in your own name. In the instance that the Qantas Frequent Flyer membership number and last name attached to your Citi Ready Credit account does not match the details in your Qantas Frequent Flyer account, you may not be eligible to receive Qantas Points. Membership of Qantas Frequent Flyer is your responsibility. Membership and redemption of Qantas Points are subject to the Qantas Frequent Flyer program Terms and Conditions, available at qantas.com/terms.