Citi
Citi Ready Credit

This card does not have a reward feature

No annual fee in year 1. From  year 2, annual fee is waived unless the annual spend is below AED 9,000, in which case a fee of AED 300 will apply

1. Immediate access to cash up to 100% of the credit limit, with first loan at 15% annual rate within 1 month of card approval (T&Cs Apply)

2. Higher credit limit up to 6x of your monthly income or up to AED 175,000, which ever is lower

3. Complimentary access to over 10 VIP lounges in Middle East and Africa 

4. Repay flexibly as per the monthly repayment schedule or repay all at once without any extra charge

5. No Annual fee

New Ready Credit Application

• Fill in the details for the loan including desired loan amount within your credit limit as displayed along with the tenor for repayment
• Once approved your loan amount will instantly be deposited into your desired account within UAE, no need to wait for the physical card receipt and application.
• The loan amount that you request will be blocked from your existing credit card limit and each instalment payment will release the corresponding amount of your credit limit blocked against this loan.
• Monthly instalments shall be due for payment & will appear in your next credit card statement after availing of the loan amount.
• The instalments from the Instalment Payment Plan are billed to the Ready Credit card account monthly similar to a normal retail purchase and are subject to usual Finance charges (fees or APR interest rate) if you pay/ had paid less than the minimum amount due indicated on your current or previous monthly statements of account on or before the payment due date.

Book subsequent cash loans through Citibank Online

Once your card is approved you can book as many loans as your credit limit allows through Citibank Online.
 

• Book your loan on card through Citibank Online, and your loan amount will be deposited into your Citibank Current or Checking Account instantly.
• You can also choose to transfer the amount to a non-Citibank Local Currency account in the U.A.E. Simply click on the Payments and Transfers tab, set up the account as a payee, and when booking your loan, select the account as the destination account. The loan amount will be credited to your non-Citibank account by the next working day.
• The loan amount that you request will be blocked from your existing credit card limit and each instalment payment will release the corresponding amount of your credit limit blocked against this loan.
• Monthly instalments shall be due for payment & will appear in your next credit card statement after availing of the loan amount

Eligibility

• Age: 21 years old or above
• Minimum monthly income of AED 8,000
• Required documents: valid Emirates ID, Passport and valid UAE Visa copy.
• Important Information: both Salary account IBAN number and Passport number will be needed during the application
• The instalments from the Instalment Payment Plan are billed to the Citibank credit card account monthly similar to a normal retail purchase and are subject to usual Finance charges (fees or APR interest rate) if you pay/ had paid less than the minimum amount due indicated on your current or previous monthly statements of account on or before the payment due date