FlexiLoan is an exclusive service available to City Bank American Express® and Visa Credit Cardholders. While regular cash advances on credit cards are subject to a 20% interest rate, FlexiLoan offers eligible cardmembers the benefit of withdrawing funds at a significantly lower interest rate of 9.99%. It is structured as an EMI-based loan.
Eligibility & Key Features of City Bank FlexiLoan
1. Must be a City Bank American Express® or Visa Credit Cardholder.
2. Loan disbursement within 2 working days.
3. Cardmember must be included in the pre-approved FlexiLoan eligibility list, which is generated by the bank on a monthly basis.
4. Eligibility can be confirmed by contacting the City Bank 24/7 Call Center and Qualified cardmembers can place a loan request via the call center.
5. Up to 50% of the total credit limit can be availed under FlexiLoan.
6. A 2% processing fee applies, subject to VAT as per regulations.
7. Loan tenure options range from 6 to 36 months.
*** Terms and conditions apply.
Please Note: Interest rates, fees, and terms are subject to change at the discretion of City Bank.
For more information or to check your eligibility, please contact City Bank's 24/7 Call Center by dialing 16234 from within Bangladesh or +88028331040 from anywhere in the world.