If you’re looking for a low cost credit card then look no further than the Citibank Personal credit account. With no ATM fees, cash advance fees or transaction charges, Citibank Personal Credit is a fantastic money saver for anyone looking to switch accounts. If you’re currently paying through the roof on interest expenses and charges, then do yourself a favour and read on for more details.

The Card’s Best Features

The Personal Credit account is ideal if you want a low cost personal line of credit. The interest rate on purchases is just 9.9% p.a. for 15 months and it then reverts up to a very competitive 15.59% p.a., and as mentioned, there are no fees for using ATM’s or cash advances.

The account is linked to a Visa debt card, allowing you to make purchases online, in-store and over the phone. There’s also the option to add up to $25,000 worth of credit on to the card, giving you the flexibility to choose when and how you spend your money.

Are There Any Drawback’s? 

The downside to the Personal Credit account is the fact you may end up paying interest on payments made without dipping into the credit facility. If you don’t need credit then you may be better off opting for a standard debit card. However, if you plan on making a big purchase or simply want the ability to access extra cash, then the Personal Credit account is ideal.

Who Would be Suited?

The Citibank Personal Credit is ideal for those of you who want a low cost credit facility with the flexibility to be able to pay on credit without having to apply to the bank for an overdraft or a new credit card. The account is also ideal if you want access to cash without having to pay ATM, or cash advance fees.

Who is Eligible?

If you earn $30,000 or more then you are in luck. You must also be over the age of 18 and have a good credit history. Credit limits will also depend on your age, salary and credit history. All new cardholders will have to pay a signup fee of $69 and an annual management fee of just $99 p.a..

Conclusion

Citibank’s Personal Credit account gives the cardholder the flexibility to dip into their credit without having to pay through the roof on interest rates. Unlike other products on the market, Personal Credit makes it easy to access your money. If you are looking to make a big purchase, then sign up now.