Citibank is offering you a chance to earn up to a $700 bonus when you open a Citi Priority Account Package.
To earn the bonus:
- You must open a new eligible consumer checking and savings account in The Citibank Priority Account Package.
- Within 30 days of opening your account, deposit $50,000 in New-to-Citibank funds between the new checking and savings accounts.
- Must also maintain a minimum balance of $50,000 between the checking and savings accounts for 60 consecutive calendar days.
Table of Contents
Citibank Promotions
Citibank $700 Citi Priority Account Package
Earn a $700 bonus with a new Citi Priority Account Package
Citibank is offering $700 cash bonus when you open an eligible checking & savings account in The Citi Priority Account Package with required activities.
- Account Type: Citi Priority Account Package
- Availability: Nationwide. Branches in NY, NJ, IL, CA, CT, DC, FL, VA, MD, NV
- Credit Inquiry: Soft Pull
- Credit Card Funding: None
- Opening Deposit: $50,000 within 30 days to qualify for bonus
- Direct Deposit Requirement: No
- Monthly Fee: $30 monthly service fee waived when you maintain a combined average monthly balance of $50,000 or more in eligible linked deposits, retirement and investment balances.
- Household Limit: None listed
- Closing Account Fee: None listed
- Expiration Date: 06/30/2021
Fine Print
- The Cash Bonus will be credited within 90 calendar days from the date you complete all required activities.
- Your new Eligible Checking and/or Savings Account must be open and in good standing, at the time the Cash Bonus is paid or no Cash Bonus will be paid.
- At the time the Cash Bonus is paid, it will be credited to (1) your new Eligible Checking Account if both your Eligible Checking Account and Eligible Savings Account are open, (2) your new Eligible Checking Account if your Eligible Savings Account is closed, or (3) your new Eligible Savings account if your Eligible Checking Account is closed.
- Additionally, you may not convert from your Citi Priority Package to the Citibank or Basic Package, nor can you convert from your Citibank Package to the Basic Package and still be eligible for the Cash Bonus.
Bottom Line
Citibank has a large number of branches and ATMs throughout the US. This offer from Citibank is nice bonus if you have the funds to deposit. You can watch your savings grow faster!
But it’s a bank geared towards those with high balances in their deposit accounts. Low-balance customers may find the requirements too high and the perks a bit lacking.
For more, see our list of the latest Citibank promotions & our extensive bank bonuses list.
*For more, view our list of the best Citi credit card offers.*
Check back often for the latest Citi Priority Account Package promotions, bonuses, and offers!
In your description of the deal, you say “While these cash bonuses seem enticing, you can earn more money by comparing them our our favorite bank offers across the US.” That appears to be untrue. I cannot find *any* deal where you can earn a sign-up bonus of more than $700 for a $50,000 deposit (with no direct deposit requirement and only 60 days requirement). Would you please point me to where I could earn more money with a $50k deposit? Thanks!
What about is I closed my accounts after 6 months do I have to pay the promotion back or there’s any penalty
I tried to open an account with them to get this bonus and you have to fund the account within 30 days of opening it. The problem I ran into is that you have to wait for them to send you a welcome package with a form you need to sign for tax purposes and then once they get that back, they will then send you a debit card which allows you to fund the account. This all has to happen within 30 days. I was 3 days off in the process and no longer qualified after calling them to finally fund my account. Waste of time!
My sincere advice to people is to stay away from Citibank. Their promotion is a scam and i fell for it. I opened checking and savings account and fulfilled all the requirements. They also gave me a promotion code when i opened the account. Since the date the requirements were fulfilled, i called and used chat message with them multiple times to inquire about cash bonus and every time they said the cash bonus would be paid on or before Jan 16th, which is when 90 days would be completed after the requirements are fulfilled. Yesterday i sent a message asking them about the cash bonus and the agent asked to call their one stop sales department. When i called the representative said that my account is not tagged with the promotion and hence the cash bonus cannot be paid. I was really pissed off and told the lady that i have the promotion code and the proofs (i had taken screen shots of the conversation i had with agents) and that i will explore legal options. The lady then said that she will escalate the issue, but i have to leave the accounts open until the investigation is complete. There was no guarantee that they would pay me the cash bonus and i didn’t want to leave big chunk of money with this bank. After going through this horrible experience i decided to pull my money and close the accounts.
How much does the direct deposit have to be? i do not see any specific amount. I just set mine up September 30th.
That w-9 form is gold to Citi. Have it on file or you will play hell getting your bonus.
It tooks me like 5 tries to get the w9 on file with Citi. Incredible. Did you end up getting your bonus?
The Cash Bonus will be credited within ninety (90) calendar days from the date you complete all required activities (see required activities below).
THIS IS DIFFERENT AND A CORRECTION FROM THE WEBSITE: When you’ll receive it: The bonus will be credited into the new personal checking account no later than 95 days from account opening.
re: citibank $500 bonus ending 6/30/19
Your blog says it is open to existing or new customers. I went to citibank and they said only new customers. Also when you click on link to citibank sire, it also says new cusstomers only
You are correct. It’s for new customers only.