Citi Speedy Cash Loan – How to Get Approved Online?

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Are you looking for increased financial flexibility? A quick cash loan can help you overcome any unexpected situation that you might go through. The best solution might be a quick cash loan that offers you immediate access to funds. However, most of these opportunities come with quite high-interest rates when it comes to repayments. 

One option might be the Citi Speedy Cash Loan available for Singapore citizens. Some of the key highlights are that the repayment schedule is extremely flexible; you benefit from low-interest rates, and, most importantly, the cash is available immediately. 

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Let’s have a closer look at Citi Speedy Cash Loan, its benefits, and much more information to help us decide if it is suitable for our needs. 

Citi Speedy Cash Loan - How to Get Approved Online?

Benefits of Citi Speed Cash Loan

Some of the key benefits of this personal loan are the fact that it comes with a loan amount up to 12 times your monthly salary, and it incurs a $0 handling fee. Additionally, the repayment period can last up to 60 months so that you can plan your finances accordingly. 

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Additionally, there is no late payment fee. The APR can be between 4.95% to 44.72%, with a repayment period from six to 60 months. For example, if you want to take a loan of $200,000 that needs to be repaid over 12 months, you might incur a monthly flat rate of 0.26%, or 5.87% APR. This means that you receive $200,000, and the total amount you need to repay is only $206,244. This amount also includes the handling fee waiver. 

It is worthwhile to keep in mind that the example above is only for reference, as the actual APR might differ per your agreement. For more information regarding your personal circumstances, you can use any of the contact details below to get in touch with a bank representative. 

Lastly, Speedy Cash loans are only suitable when you need emergency funds. This is because they often incur much higher interest rates compared to other types of loans. They offer quick access to cash and might help you out if you lack funds for your wedding or another planned or even unplanned event, such as a car repair. Once you apply and it has been validated, you can typically access your cash within one day. 

Fees and Rates

The fees and rates are only indicative. For a loan of $100,000, for instance, the range of APR is between 5.9% and 42.5% for six months, 6.34% to 44.74% for 12 months, and 6.52% to 43.94% for two years.

The APR is a reference rate that embeds the interest rate, but also other fees or charges expressed as an annualized percentage. Thus, it needs to be pointed out that this personal loan comes with higher interest rates but, unlike other options, it grants immediate access to funds. 

Thus, it is worthwhile to mention that there is no prepayment required when applying for this loan. It only offers quick access to cash to fund any of your activities, up to $2,000,000 or 12 times your monthly salary, whichever is lower. This allows you to have liquidity within a few hours, especially if you choose to apply online for it.

Then, the interest rate depends on the amount you loan and the repayment period that can range from six months up to 60 months. Generally, the lower the amount, and for a shorter period, Citi offers you a more advantageous interest rate for your loan. You can click here to use the Citibank calculator in order to find out how much you need to pay back based on your desired loan amount. 

How to Apply

You can easily apply in a few steps by completing this online form for personal loans. Alternatively, you can call the loan application hotline at (852)2963 6477 from Monday to Friday, 9 am to 7 pm. 

In order to fulfill the eligibility criteria, you need to be aged 18 or over and a Hong Kong permanent resident. Secondly, your income needs to be a minimum of $6,000, and you also must have been in full-time employment with your current employer for a minimum of three months. 

Citi Speedy Cash Loan - How to Get Approved Online?

Contact Information

You can also use the following contact information to find out more details about Citi Speedy Cash Loan.

CitiPhone Banking Hotline (Banking* and Card Services): 2860 0333

Banking Service

Citibank (Hong Kong) Limited, Box 62171, Kwun Tong Post Office, Hong Kong

Credit Cards Service

Citibank (Hong Kong) Limited, GPO. Box 3463, Hong Kong

Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.

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