Redraw options with the Citibank Personal Credit personal loan

Wednesday January 21, 2009

Some unsecured personal loans don't offer a redraw option, but as a revolving credit system, the Citibank Personal Credit loan can let you do this. The Citibank Personal Credit allows you to withdraw money whenever you need, similar to a debit card.

You are able to borrow up to $25,000, allowing you to make a variety of large purchases, repay them and then withdraw the money if you want to.

The Citibank Personal Credit personal loan features:

  • Competitive personal loan interest rates from 14.99 %p.a for purchases and cash advances.
  • Interest rates are fixed at 7.9%p.a for the life of a balance transfer amount.
  • Low annual fee of $69 applies.

Citibank Personal Credit personal loans are unsecured personal loans, so there is no need to offer up collateral.

You are issued a Visa Debit Citicard and an optional chequebook with the Citibank Personal Credit personal loan. There are no transaction fees, ATM/EFTPOS fees, or cash advance fees with the Visa Debit Citicard.

Apply online for a Citibank Personal Credit personal loan.

Take a look at our personal loan calculators to get an estimate of your personal loan repayments.

Compare personal loans.


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