Citi Ready Credit is a personal credit line with an interest rate of 6.9% p.a. for 5 years on the initial balance that you request to be transferred to your bank account. Earn 70,000 Velocity points if you transfer $500 or more within three months of of approval. A $99 establishment fee applies.
What are 70,000 Velocity points worth? It depends on how you redeem them:
Terms and conditions
To be eligible to receive 70,000 Velocity Frequent Flyer Points, you must apply for this offer for Citi Ready Credit by 31 October 2023, request a balance transfer of $500 or more within 3 months from approval and must not have repaid the balance transfer in full by the time the Velocity Frequent Flyer Points are credited. This offer is available once per customer. If you have previously received or are entitled to receive 70,000 Velocity Frequent Flyer Points with this offer you will not be eligible to receive another 70,000 Velocity Frequent Flyer Points. We will request your Velocity Frequent Flyer membership number from you via email within 6 weeks from the date your balance transfer is debited to your account. If you do not provide us with your Velocity Frequent Flyer membership number within 30 days from when we first request it, the Velocity Frequent Flyer Points will be forfeited. The Velocity Frequent Flyer Points will be credited to your Velocity Frequent Flyer account within 8 weeks from the date we receive your Velocity Frequent Flyer membership number provided your Citi Ready Credit account is open and in good standing and your Balance Transfer has not been repaid in full. Membership of Velocity Frequent Flyer is your responsibility. Velocity membership and Points earn and redemption are subject to the Velocity member Terms and Conditions, as amended from time to time, available at velocityfrequentflyer.com. This offer is valid until 31 October 2023. Post this advertised date; we reserve the right to continue, withdraw or change the offer at any time without notice.
