A Citibank Ready Credit provides you with a revolving credit line. You can withdraw the loan from the credit line anytime you wish; there is no fixed monthly repayment amount or repayment period. You can choose to repay only the minimum balance as stated on the statement or the full outstanding balance. Interest will only be charged on the withdrawal amount and the credit limit will be restored right after repayment. No re-application is required, providing higher flexibility.