Citi’s brand name Spot is an acronym of “shop and pay over time” and also mirrors the Australian slang expression “to spot,” meaning to lend money.
Citibank jumping on the BNPL bandwagon despite already having pseudo installment features within their credit card offering and dispite their Aus banking business being up for sale.
I would hazard a guess this will require a credit check like Klarna.
Launching in October.
How to claim your $25 eGift Card.
Submit your details using the form above by 22 September 2021, and we’ll send you a VIP invite to apply once Spot. Buy Now, Pay Later is available. Set up your Account by 15 January 2022, get approved and you'll receive your $25 eGift Card once you make a purchase of $50 or more within the first 30 days.~ Take your pick of a $25 eGift Card from JB Hi-Fi, Myer or Amazon Australia.