- Citibank Ready Credit
- Overview & Promtions
Citibank Ready Credit
With Ready Credit, you can have all the convenience of accessing additional funds to ease your monthly financial burden. Find out more about Citibank Ready Credit here.
Get rewarded on petrol and groceries!
To qualify, simply accumulate a monthly minimum spend of RM500 on anything* with Citibank Ready Credit and maintain a balance of at least RM200 at month end.
Promotion period: 4th November 2013 - 31st December 2013.
*Except for cheque issuance, cash withdrawal over the counter or ATM at Citibank branches.
All year round permanent benefits:
How it works:
Customer can gain access to extra funds through the overdraft limit with any of the following methods:
|Cash withdrawal||Fund transfers||Cheque issuance||Swipe or online purchase with debit card|
Ready Credit is a “pay-per-use” overdraft facility, thus interest will only be charged to the amount utilised from your overdraft limit on a daily basis and is chargeable until the outstanding amount is fully paid.
Interest saving instalment plan:
|PayLite||With PayLite, you can get cash amount by converting a portion of the overdraft line assigned to your Citibank Ready Credit into cash loan and repay in monthly instalment.>Learn More.|
|Balance Transfer via Instalment Plan||Rediscover your spending power by consolidating your credit/charge card outstanding balances held with other banks to enjoy greater savings and better management of your finances with Balance transfer via Instalment Plan.>Learn More.|
How much you need to pay per month:
Choose to pay your monthly bill in full or just the minimum 4% of the revolving balances each month. Any instalment plan signed up will be billed on top of your minimum payment.
|Outstanding balances||Minimum due for the month|
|RM0 to RM60||Full revolving balance + Monthly Instalments|
|RM60 to RM1,500||RM60 + Monthly Instalments|
|Above RM1,500||4% of revolving balance + Monthly Instalments|
You can pay your Ready Credit monthly bill via any of the following methods:
- By cash via cash deposit machine
- By cheque
- By online transfer (GIRO)
- By fund transfer via MEPS Shared ATM
Criteria For Application
|Minimum Income Requirement||RM24,000 per annum|
|Minimum Age||21 years old|
Required Document for New-To-Bank applicants:
|Type of Applicants||Documents Required|
|Salaried Employee||Photocopy of MyKad (both sides)|
Latest EPF Statement
Latest 2 months salary slip*
Any of the following documents where required.
|Self- Employed||Photocopy of MyKad (both sides)|
Photocopy of Business Registration form
Latest Form B with tax receipt
6 months bank statements
(Only applicable for credit card applications)
|Copy of Passport|
Latest 2 months salary slip*
Work permit valid for at least six months at the time of application
Letter of employment
*Number of months of salary slip required will depend on the job nature of applicants
Looking for an Instalment Plan? Calculate your repayment here:
*Choose Your Instalment Plan
*Effective Interest Rate (%):
*Preferred Loan Amount:
Your monthly instalment is RM 0