Citibank 2025 Personal Loan Review

Citibank provides unsecured personal loans up to $30,000, and existing Citibank customers will see the most benefits, including faster funding and potential rate discounts.

Though Citibank doesn’t disclose its qualification criteria, good- to excellent-credit borrowers (mid-600s credit score or higher) are the most likely to be approved.

» MORE: Compare the best personal loans

Citibank personal loans at a glance

• Disclosure from Citibank

  Terms, conditions, and fees for accounts, products, programs and services are subject to change at any time. You must be at least 18 years of age (21 years of age in Puerto Rico). Co-applicants are not permitted. Existing Citi deposit and credit card customers who have been a Citi customer for less than 12 months are not eligible for a Citi® Personal Loan. If you apply online, you must agree to receive the loan note and all other account disclosures provided with your loan origination in an electronic format and provide your signature electronically. Rates as of 7-30-2025. Your APR may be as low as 7.99% or as high as 19.49% for the term of your loan. The lowest rate quoted assumes excellent credit and a loan term of 24 or 36 months. Your APR will depend on a variety of factors including your creditworthiness, term of loan, and existing relationship with Citi. Citi offers personal loans with a period of repayment between 12 and 60-month terms. For example, if you borrow $10,000 for 36 months at 15.99% APR, to repay your loan you will have to make 36 monthly payments of approximately $351.52. There is a 0.5% APR discount if you enroll in automatic payments at loan origination. Additionally, existing Citigold and Citi Priority customers will receive a 0.25% discount to the APR. If you are in default, your APR may increase by 2.00%. Rates subject to change without notice. To check for offers you may qualify for, Citi conducts a soft credit inquiry. If you are presented with an offer and choose to proceed with the application process, Citi will conduct a hard credit inquiry which may have an impact on your credit score. Citi® Personal Loan proceeds cannot be used to pay for post-secondary education expenses or for business purposes. Credit cards issued by Citibank, N.A. or its affiliates, as well as Checking Plus and Ready Credit accounts, are not eligible for debt consolidation, and Citibank will not issue payoff checks for these accounts. If you are unsure of the issuer on the account, please visit https://www.citi.com/affiliatesproducts for a list of Citi products and affiliates. If you are approved for a personal loan with Citi, you can get your funds the same day with a Citi deposit account, or up to 2 business days for a non-Citi account when using direct deposit. Or, you can select to receive a check by mail in approximately 5 business days. Personal loans are made available by Citibank, N.A., Equal Housing lender

Where Citibank personal loans stand out

Multiple rate discounts: Citibank offers two opportunities to get a discounted annual percentage rate. Borrowers who set up automatic payments at the loan’s origination will receive a 0.50 percentage point discount. Existing Citigold and Citi Priority customers get an additional 0.25 percentage point discount.

No fees: Citibank doesn’t charge any fees for its personal loan, including no origination fee, late fee or prepayment fee. Though it’s common for banks not to charge an origination or prepayment fee, it’s much harder to find a lender — bank or otherwise — that doesn’t charge a late fee for missed payments.

Fast funding: Customers with a Citi deposit account can get their funds the same day they’re approved. Otherwise, borrowers need to wait up to two business days to receive funds through direct deposit. A mailed check takes about five business days.

Soft credit check to pre-qualify: Both Citi customers and non-customers can pre-qualify for a personal loan on Citi’s website. This process lets borrowers preview their potential loan amount, rate, repayment term and monthly payment. Because the process only involves a soft credit pull, borrowers can check their rates with multiple lenders to find the most competitive offer.

Where Citibank personal loans fall short

No large loan amounts: Citibank’s maximum personal loan amount is $30,000, which may be enough for some borrowers. But if you’re looking to fund a large expense, like a home improvement project, other lenders offer personal loans as high as $50,000 or $100,000.

No co-sign, joint or secured loan options: Citibank doesn’t offer joint, co-signed or secured loans. These types of loans allow you to add another borrower to your application or secure the loan with collateral, like your car, which can help you get approved for a larger loan amount.

» MORE: Compare co-sign and joint loans

No option to choose or change your payment date: Borrowers are given a payment date when they accept a Citibank loan, and that date can't be changed. The option to change your payment date, which is offered by some other lenders, is useful if you get a new payday or want to balance the loan with other monthly obligations.

How to use Citibank personal loans

Do you qualify for a Citibank personal loan?

Borrowers must be at least 18 years old (or the age of majority in their state) to apply for a Citibank personal loan. Co-applicants are not permitted.

Citibank doesn't publicly disclose many of its borrower requirements, but the majority of borrowers who get a personal, small business or other type of loan have FICO scores of 660 or higher, according to a quarterly filing with the Securities and Exchange Commission.

Citibank personal loans are available in all 50 states and Washington, D.C.

» MORE: How to get a personal loan

How we rate Citibank

NerdWallet writers and editors rate lenders against a rubric that changes each year based on how personal loan products evolve. Here’s how we scored Citibank this year: