Citibank Custom Credit Line

Citibank Custom Credit Line Review

Citibank Custom Credit Line is offered through Citi®, a bank founded in 1812 and based in New York, NY. Citibank personal line of credit are available in 50 states (and Washington, DC).

Citibank personal line of credit FAQ

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*.

Does Citibank personal line of credit charge an origination fee?

No, they do 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 the Citibank personal line of credit charge a cash advance fee?

No, they do not 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 Typically, fees range from 0.5% to 10% of the amount withdrawn.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 the Citibank Custom Credit Line charge a statement balance fee?

No, this lender does not charge a statement balance fee.

Does Citibank Custom Credit Line charge a late fee?

How much can you borrow via Citibank personal line of credit?

Upon approval and based on your credit score and credit history, your personal line of credit will be assigned a credit limit of at least $1,500 and as much as $25,000. .

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

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 and permanent resident / green card holders are eligible to apply for the services offered by Citibank Custom Credit Line.

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

Yes, 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 may help improve your credit.

Is Citi® a legit company?

Citi® was founded in 1812, it is a well-established company that has been in business for 211 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

How to apply for Citibank personal line of credit

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