Citibank Custom Credit Line Review

Citibank Custom Credit Line is offered by Citibank, a bank founded in 1812 and based in New York, NY. Citibank Custom Credit Line is available in 50 states (and Washington, DC).

What APRs does Citibank Custom Credit Line offer?

Citibank Custom Credit Line offers a variable APR product that ranges from 10.49% APR up to 22.49% APR. Interest rates vary by state. Rate is quoted with autopay discount*.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

Does Citibank Custom Credit Line charge an origination fee?

No, Citibank Custom Credit Line does not charge an origination fee.

An origination fee is what some lenders charge for processing, underwriting, and funding a line of credit. These fees can range from 0.5% to 5% of the line of credit amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Citibank Custom Credit Line charge a cash advance fee?

No, Citibank Custom Credit Line doesn't charge a cash advance fee. Some lenders charge a cash advance fee every time borrowers withdraw cash from their line of credit. Typically, fees range from 0.5% to 10% of the amount withdrawn.

Does Citibank Custom Credit Line charge a late fee?

How much can you borrow via Citibank Custom Credit Line?

Upon approval and based on your credit worthiness, your Citibank Custom Credit Line personal line of credit will be assigned a credit line of at least $1,500 and as much as $25,000. .

What do you need to qualify for Citibank Custom Credit Line?

Applicants with a credit score of at least 600 and up to 850 are eligible for Citibank Custom Credit Line. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

To qualify for personal lines of credit with Citibank Custom Credit Line, applicants need a minimum annual income of $10,500 or higher. Citibank Custom Credit Line only considers borrowers who are employed and meet the minimum income requirement.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Citibank Custom Credit Line. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Citibank Custom Credit Line. Permanent resident / green card holders are also eligible to apply.

Does Citibank Custom Credit Line report your account activity to credit bureaus?

Citibank Custom Credit Line reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Citibank Custom Credit Line

• Visit the Citibank website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• Check the information is accurate and submit your application.