Citi Review

Is this the loan company for you?

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  • Can have more than one personal loan
  • Range of loan amounts and term lengths


  • Must have a Citi account to apply
  • Cannot apply for all amounts online

What You Need to Know

Customers can have more than one personal loan with Citi. If you meet the qualifications, you can have two personal loans open at one time. You must have the first loan open for six months before you apply for another personal loan.

Citi offers a good variety of personal loan amounts. Their loans range from $2,000 to $50,000. You can apply for up to $30,000 online. They also offer a good variety of loan terms. Citi terms range from 12 to 60-months.

To apply for a personal loan with Citi, you must first have another account with Citi. This account can be a checking, saving, or money market account, or a CD. The balance at the end of the month must have an average higher than $0 for three consecutive months. You must also register for online banking with Citi to apply for a loan online.

Citi offers personal loans up to $50,000. Customers can only apply for loan amounts up to $30,000 online. To apply for a personal loan above $30,000, you must contact customer service. You must also meet qualifications to receive the larger loan amounts.

Qualifications to Apply for Citi Loans

Useful Information About Citi Loans

Additional Relevant Information

Citi personal loans have fees. They may have an application fee and an origination fee. The fee amounts depend on your application. Check with customer service about specific fees.

If you link your loan with a ThankYou Rewards Citi account, you can earn points. You must meet the requirements to earn the rewards.

History and Achievements

Citi Bank started in 1811, and by 1911, National City Bank had over 1.600 employees. By 1921 they had offices in Canada, Geneva, London, and Tokyo, as well as the United States. Citi has ranked:

Today, Citi has over 214,000 employees. They have over 200 million customer accounts and do business in over 160 countries.

Frequently Asked Questions

Can I apply for a loan entirely online?

You can apply for a loan entirely online if your amount is less than $30,000. Amounts up to $50,000, must be applied for by contacting customer service.

What is the lowest my credit score can be?

Citi does not specify a minimum credit score. Approval depends on credit score and other factors including, credit history, debt, and income.

What is the smallest loan amount available?

The minimum loan amount is $2,000 for Citi's personal loans.

What is the largest loan amount available?

The maximum loan amount is $50,000. To apply for a loan amount over $30,000, you must contact customer service. Loan amounts from $2,000 to $30,000 can be applied for online.

What are the loan term lengths?

The Citi personal loan terms are 12, 24, 36, 48, or 60-month terms.

Are the interest rates competitive?

Yes. The interest rates for Citi personal loans are competitive with other lending companies. The interest rate you receive depends on your qualifications.

Are the interest rates fixed?

Yes. Citi offers fixed interest rates for the life of the loan term.

What types of loans are available?

Citi offers personal loans and a line of credit. The personal loans offer fixed interest rates with terms from one to five years. You can use these loans to make a large purchase or consolidate debt. You cannot use personal loans for post-secondary education.

What information do I need to apply for a loan?

Before you can apply for a personal loan with Citi, you must already be a customer with an online login. You will also need to verify your address, SSN, birthday, and employment. You will need your mother's maiden name and two forms of identifications.

How long does approval take?

Approval could be instant if you apply online. Approval may take longer depending on your qualifications if extra information is necessary.

How long will it take the money to enter my account after approval?

Citi will mail you a check within five business days. This may take longer, depending on your qualifications.

If I have been denied a loan before, how long do I have to wait to apply again

You can apply for a Citi loan immediately after denial, but Citi suggests waiting at least 30 days.

What are the payment options to repay my loan?

Payments on Citi personal loans are due monthly. You can make payments through automatic withdrawals. You can link a Citi account or another bank account. You can also make payments over the phone or with a check.

Can I pay my loan off early?

Yes. There are no fees for paying your loan off early.

Is my information secure?

Citi offers physical, electronic, and procedural safeguards to protect customers personal information. Citi trains employees on how to properly handle customer information.

Does this loan company offer a mobile app?

Yes. Citi offers a mobile app. You can download the app on the App Store or Google Play.

How do I contact customer service?

Reach a Citi representative through online chat, phone, mail, and email. You can visit a local branch location for customer service. You can follow Citi on Facebook, Twitter, and YouTube.

Bank Contact Information