City personal loan velocity points offer

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wendlle

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I am wondering about this and I’m not too great with these offers but the points available are good

Could I get the loan for the $2000 minimum and pay it off right away and still get the points??

 
fairly sure not. read the terms, its likely covered that scenario.

You have to wait for the points to arrive before paying it out, no bank would be that silly
 
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Payment of the Monthly Instalment enables you to pay off the loan within your chosen term of 3, 4 or 5 years.
 
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fairly sure not. read the terms, its likely covered that scenario.

You have to wait for the points to arrive before paying it out, no bank would be that silly
Yes I need to wait for the points to arrive but that looks like it’s about 90 days out
Far less time than the 3 year term of the loan
 
The link is no longer working. Anyone got a new link?
 
The link is no longer working. Anyone got a new link?
Seems to be working now.

It’s an interesting offer. I can’t see any reason you can’t borrow 2k, pay most off and close once points are received. Currently, there is no monthly fee or fee to pay out early.

I wonder if $hittyBank are any better to deal with now that NAB owns them?
 
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