Citi Quick Cash (0% P.a. for 12 Months with a 2.49% Fee) + Bonus $100 Gift Card on $500 to $6000 | $200 Gift Card over $6000

Received an Email from CITI today, probably targeted
Hi XXX,

Got your eyes on a big purchase, but unsure how to fund it?

Well, with your Citi credit card ending in XXXX you can access cash from $500 up to 90% of your available credit limit at the rate of 0% p.a. Budget better with manageable monthly instalments over 12 months. A 2.49% fee also applies.

We call this feature Citi Quick Cash which is a type of instalment plan. You get to enjoy a lump sum upfront, then pay it off in fixed monthly instalments.

Request Quick Cash today to receive an e-Gift card of up to $200 to use at Myer, JB Hi-Fi or Coles.1

Think of Citi Quick Cash like buy now pay later, but for anything.

Be quick, this offer ends 18 November 2020.

quick cash $500-$6000 = GC $100
quick cash $6000 plus = GC $200

The account needs to remain open 12 weeks, 10 weeks to redeem the code for GC.
Choose from Myer,JB Hi-Fi or Coles.

Yes, you will have interests free days, if you pay off you balance other than the citi cash.
Not sure if you would earn points.

My personal experience, CITI closed my quick cash last time prior giving me the gift card after I have made a large sum payment ($5500 of $6001), don't pay a large sum of it. Just wait until you get your GC.

Stay safe.

Regards

FQA:
Do I keep my interest free period with a Fixed Payment Option?

The interest free period applies when you pay your full closing balance from your last statement of Account by the Payment Due Date (excluding any Fixed Payment Option balance which isn’t due for payment by that Payment Due Date). No interest free period is available on Cash Advances or Balance Transfers. Whilst you have a Balance Transfer You will be charged interest on your daily unpaid balance.

Can I have more than one Fixed Payment Option?

Yes. You can have more than one Fixed Payment Option as long as each request is within your available credit limit. However, if you have an outstanding balance we will limit the Fixed Payment Option amount to only your available credit limit amount and you will not be able to request up to 100% of your credit limit until your outstanding balance is paid.

Cash accessed from your credit card with a Fixed Payment Option will not earn rewards points.