Individuals who are looking to make home improvements, pay their debt, or funding a one-time big-ticket item can get a personal loan with Citibank. The big financial mogul is now offering a fixed rate personal loan of up to $50,000. Under the company, personal loans range from $2,000 to $50,000.

Citibank’s Fixed Rate Personal Loan provides access to individuals looking for a predictable monthly payment. Interested parties who are planning to avail this plan will be given the security of getting fixed rates and fixed monthly payments. Through this initiative, applicants will be given fixed competitive rates ranging from 7.99% APR to 17.99% APR. However, customers are advised that such rates have an assumed loan amount of $10,000. Rates can vary depending on the applicant’s background and financial information.

A Citibank Personal Loan will make users eligible for the Citi ThankYou Rewards program, allowing them to earn monthly ThankYou Points. Users are advised to link their personal loan to an eligible checking account to avail their rewards.

Customers may choose to course their applications online provided that they intend to take out personal loans $30,000 and below. Otherwise, applicants that have loans reaching $50,000 will need to call the company’s hotline or by visiting a nearby branch.

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The bank’s eligibility standards include having a Citibank Checking, Savings, Money Market, or CD account with the company. The account must have a balance greater than $0 averaged over a period of 3 months. Applicants must also bear a minimum annual income of $10,5000. Approved applicants will receive their borrowed amount within 5 working days, with personal loan limit ranging from $2,000 to $50,000.

The Citibank Personal Loan has a fixed rate ranging from 7.99% APR to 17.99% APR. Loans can be repaid over a period of 12 to 60 months.

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