Citibank Hardship Program: How It Works and Who Qualifies

Bills Bottom Line

Citibank’s hardship programs can help when regular payments no longer fit your budget. Short-term plans may temporarily lower your interest rate or minimum payment, while longer plans offer a structured payoff with reduced interest. Hardship usually works best when you can afford a steady, reduced payment. If even the modified amount doesn’t fit your budget, settlement becomes the more realistic option.

Maria tried to keep up with her Citibank card for months. She stayed current until a medical leave cut her income. Suddenly, even reduced payments felt out of reach, and she wasn’t sure whether hardship would genuinely help or only delay a default.

If you’ve felt that same pressure, you’re not alone. Most people aren’t searching for special programs—they need help with debt and they’re trying to find a payment that actually fits without putting essentials at risk. Understanding how Citibank’s hardship plans work can help you decide whether they match your situation.

What is a Citibank hardship program?

A Citibank hardship program is a structured payment arrangement designed for people experiencing a documented financial setback.

Under a hardship plan, Citibank may:

• Temporarily reduce your interest rate
• Lower your minimum payment
• Offer a longer-term modified payoff plan with a predictable monthly payment

The goal is to prevent deeper delinquency and give you a path to stay on track without sacrificing essentials.

Who qualifies for hardship?

Hardship programs are meant for specific financial disruptions. Here are common situations where hardship may apply:

• Reduced income or reduced work hours
• Medical or caregiving responsibilities
• A major household or family change
• Unexpected expenses that destabilize your budget

Hardship programs work best when you can consistently make a lower—but steady—payment.

Types of Citibank hardship programs

Here are the types of hardship programs Citibank might offer. 

Short-term hardship assistance

Short-term assistance typically lasts a few months and may temporarily reduce your interest rate or minimum payment. This option fits situations where your income is expected to recover soon.

Long-term hardship payment plans

Long-term plans offer a lower interest rate and a predictable monthly payment until your balance is fully repaid under modified terms. Your account is usually closed during the plan and remains closed throughout repayment.

How Citibank evaluates your account

When you request hardship, Citibank reviews:

• Your payment status (current, slightly behind, or more delinquent)
• The reason for your hardship—and whether it’s temporary or ongoing
• Whether you can reliably make the modified payment
• Whether the account is still with Citibank or has been assigned to a collector

In Maria’s case, she realized that even with a reduced interest rate, her overall budget gap was too large across multiple accounts. Understanding those limits helped her see that settlement—rather than hardship—might match her situation better.

What to prepare before calling Citibank for their hardship program

There’s no dedicated hardship program phone line listed on Citibank’s website, but you can start by calling the general customer service number. Having a few key details ready makes the call smoother and helps the representative understand what you’re asking for. You can reach Citibank at 1-800-950-5114.

Check out the items you’ll want to gather before you make the call.

How to apply for a Citibank hardship program

Call Citibank and ask what hardship options are available for your account. Before you call, review:

• Your income
• Your essential expenses
• A realistic payment you can maintain

Clear numbers help the representative determine whether you qualify and which plan fits best.

What to do if you’re denied hardship

If Citibank denies your request, ask for the specific reason. Sometimes the payment amount you proposed is too low, or your documentation wasn’t clear. If the payment still doesn’t fit your budget—and especially if multiple accounts are slipping—negotiating Citibank debt and offering a settlement may be a more realistic option depending on your overall financial picture.

Citibank hardship vs. debt settlement

Hardship keeps your account active with a reduced, predictable monthly payment. Citibank settlement resolves your account for less than the full amount owed, typically after missed payments.

A simple way to compare:

• If you can make a steady reduced payment, hardship usually fits better.
• If you can’t make a stable payment at all, settlement becomes the more realistic path—depending on your budget and goals.

Bills Action Plan

Step 1: Review your full budget. List income, essential expenses, and the maximum payment you can sustain without falling behind.

Step 2: Call Citibank and explain what changed. Offer a clear, simple explanation of your hardship and the payment you can manage.

Step 3: Prepare documents. Have proof of income changes, medical notes, or other relevant information ready.

Step 4: Compare the numbers. If Citibank’s modified payment still doesn’t fit, review alternatives like debt settlement or credit counseling and choose the option that gives you steadier footing.