The Citi Flex financing is actually a forward thinking product which is present to latest Citibank consumers exactly who curently have a dynamic Citi bank card levels. Citi Flex lets expert consumers simply take a portion regarding credit card limitation and transform it into your own loan with a fixed APR that’s repaid in a specified number of period. You can select your own repayment schedule, making use of optimal repayment phrase 60 period. Long term loans bring larger interest levels.
No Software Necessary
The Citi Flex financing techniques is quick and simple. You can easily get resources deposited in the banking account in a single to 2 days. You don’t must distribute a formal program and Citi does not look at your credit. You will do wanted a current Citi cards account in close standing.
Citi checked the credit score rating and expected a loan application whenever you started the Citi Card profile that you use to suit your Citi Flex financing, so they really don’t require it once more. Citi does not cost an origination fee when you need a Citi Flex financing.
Why Need a Citi Flex Loan?
Citi emphasizes a number of common uses for a Citi Flex financing, including:
These costs could be paid for through the help of their charge card, why pull out a Citi Flex loan? The key reason is the fact that Citi Flex financing money will have a lowered interest than their mastercard interest. Their rates is not just lowered, however it is a fixed price, unlike your mastercard bills. The monthly payment can be fixed and it’s really clear that if you make a collection number of costs your Citi Flex stability would be repaid.
Citi allows you to decide a repayment program that works for you, though there clearly was the absolute minimum they needed. Citi will show different options, producing obvious exactly what your month-to-month Citi Flex cost are. Additionally they make clear that any stability you’ve got on the mastercard has unique minimal 
Citi Flex Pay
An appealing Citi Flex feature is that you could go eligible acquisitions once you’ve made them, shifting them from your regular CitiCard account to Citi Flex. This really is known as Citi Flex wages plan.Purchases made on your present or earlier billing period being higher than $100 is a part of their Citi Flex program. Purchases being eligible for moving into Citi Flex are obviously marked in your on-line or Ciit application account accessibility.
Citi Flex falls under The Citi Levels
Your Citi Flex mortgage is part of the productive Citi cards account. How much money you’ll borrow lies in your own borrowing limit on your established Citi credit account. Citi also identifies your qualification and the levels you can acquire predicated on your own “creditworthiness as well as other facets.” Citi doesn’t identify what that implies nevertheless they get access to your own installment record on their levels, so as that demonstrably is but one aspect.
The Citi Flex transaction and information can look on a single declaration whilst mastercard. There was one monthly minimum fees required that handles both the CitiCard and Citi Flex scales. The declaration makes clear just how much your debt for every single, however create one payment.
Crucial Citi Flex Details
Before you take advantageous asset of a the Citi Flex solution here some crucial facts.
Minimal you can easily borrow against a Citi Flex mortgage is $500.
CIti Flex Pay allows you to go elligble purhcases over $100 to a hard and fast rate payment.
No charge were billed for selecting to utilize Citi Flex, though belated repayment charges as well as other charges can apply if you do not create your cost as agreed.