Banorte vs Citibanamex: personal loan
| Banorte | Citibanamex | |
|---|---|---|
| APR (CAT) | 42% | 40.5% |
| Amount | $10k–$650k | $10k–$400k |
| Term | 12–60 meses | 12–60 meses |
| Minimum income | $8,000 | $8,000 |
| What sets it apart | Industrial agreements, service for non-salaried, strong presence in the north | Country's largest branch network, ideal for in-person procedures |
When to pick Banorte
Banorte wins if you need a high amount (above 400K) or you're non-salaried with a tax package. The 1.5-point APR gap is modest — on an 80K loan over 36 months, around 2,500 pesos. The higher max amount and flexibility with atypical profiles outweigh the APR savings.
When to pick Citibanamex
Citibanamex wins on a Mexican client with formal payroll, clean bureau, who prefers in-person procedures or lives near a Citibanamex branch. The country's largest branch network simplifies resolving questions in person. APR 1.5 points lower on a standard profile.
My recommendation
High amount or non-salaried: Banorte. Standard profile with in-person preference: Citibanamex for the network.
How we compare these two
The figures in the table — CAT, amount, term — come from each institution’s public rate sheet, not from us, and the commercial relationship never changes them. The «cheaper» verdict weighs the total cost for a standard profile; your own CAT depends on your Buró and income, so treat the numbers as a starting point and confirm the final terms on the lender’s site before signing. The order of offers across the site follows our published methodology.
Read the full editorial review of Banorte or Citibanamex before deciding.