Learn about new Citi® promotions, bonuses, and offers here. Member FDIC.
The Citi Checking Account include up to $5,000 cash bonus. You can also earn up to $2000 with a business checking bonus, up to $3,500 Savings Bonus, up to $500 with Citi Self-Invest, and up to $5,000 with Citi Personal Wealth Management.
Update 4/2/25:
- The $5,000 Citi Wealth Management bonuses have been extended through 6/30/25.
- The $1,500 checking bonus has been extended through 7/7/25.
- The prior $325 checking bonus has been extended through 7/7/25.
- The $2000 business checking bonus is still available through 7/7/25.
- The $500 Citi Invest offer no longer has a expiration date.
About Citi Promotions
Headquartered in New York, Citi has around 2,600 locations worldwide(about 1,000 of those are here in the U.S.) with many products such as credit cards, banking, lending, investing, and wealth management.
Access to your cash is very convenient since they have over 72,000 fee-free ATMs.
Citi has some of the best bank promotions, usually available nationwide for personal checking, savings, and business checking. Citi promotions are often tiered which is good for most people with low requirements.
Citi Checking $1500 Cash Bonus
New checking customers may earn a cash bonus of $500 or $1,500 after opening an eligible checking account from 10/9/24 to 1/7/25 and completing required activities.
- Learn more about this offer.
- What you’ll get: $1500 bonus
- Account Type: Citi Checking
In order to qualify:
- Open new account. To enroll in this offer, you must apply directly from this page. Opening an account does not guarantee that you meet eligibility requirements. Open a new eligible checking account and enroll in the bonus offer the same day. Offer valid from 1/8/25 to 7/7/25.
- Fund your account. Deposit New-to-Citibank funds into your checking account within 45 calendar days from account opening. The balance on your 45th day will determine your maximum eligible cash bonus.
- Earn $750 bonus: Minimum balance $30,000
- Earn $1500 bonus: Minimum balance $200,000
- Maintain your balance. Maintain the required minimum balance in your eligible account for an additional 45 days from the 46th day. Your bonus will be deposited as a credit to your open, eligible checking account within 30 calendar days after you have completed all required activities. Only new checking customers can take advantage of this offer.
The information for the Citi Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
| BMO Smart Money Checking ($350 cash bonus) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | |
Citi Checking $325 Cash Bonus
Earn a $325 bonus by opening a new eligible checking account by 7/7/25 and completing Enhanced Direct Deposits and other required activities.
- Learn more about this offer.
- What you’ll get: $325 bonus
- Account Type: Citi Checking
In order to qualify:
- Open a new eligible Citi® Checking account with Enhanced Direct Deposits and enroll in this offer by applying directly from this page. Offer valid from 1/8/25 to 7/7/25.
- Dat least two (2) Enhanced Direct Deposits directly into your new checking account within 90 calendar days from account opening. Your total combined Enhanced Direct Deposits must equal $3,000 or more. Deposits made to a savings account are not eligible.
- Earn and enjoy a $325 cash bonus. Your bonus will be deposited as a credit to your open, eligible checking account within 30 calendar days after you have completed all required activities. Only new checking customers can take advantage of this offer.
The information for the Citi Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
| BMO Smart Money Checking ($350 cash bonus) | BMO Smart Advantage Checking ($350 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| First Tech Rewards Checking ($300 bonus) | |
Citi Up to $2,000 Business Checking Bonus
- What you’ll get: Up to $2,000 bonus
- Account Type: Business Checking Account
In order to qualify:
- Open a new CitiBusiness® (Analyzed), Streamlined, or Flexible Checking Account between January 8, 2025 and July 7, 2025. Ask a Citibank Business Specialist to enroll you in the Citi Checking Offer.
- Fund your account. Within 45 days of account opening, make a qualifying deposit of $5,000 or more in New-to-Citibank2 funds to eligible accounts.
- Maintain your balance. Maintain the required minimum balance for an additional 45 days from the 46th day of offer enrollment. Your bonus will be deposited to your Citibank business checking account as a credit within 30 days from the end of the month in which you complete all requirements.
| Qualifying Balance Level | Cash Bonus |
| $5,000 – $19,999 | $300 |
| $20,000 – $99,999 | $750 |
| $100,000 – $199,999 | $1,500 |
| $200,000 and above | $2,000 |
The information for the Citi Business Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
| Chase Business Checking ($300 or $500 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| Axos Business Premium Savings ($375 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
| Axos Bank Business Interest Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Bluevine Business Checking ($300 Bonus) |
| U.S. Bank Business Checking ( $500 or $900 Bonus) | |
Citi Invest Up To $500 Bonus
- Learn more about this offer.
- What you’ll get: Up to $500 bonus
- Where it’s available: Nationwide
- How to earn it:
- Fund a new or existing Citigroup Global Markets Inc. (“CGMI”) Citi Self Invest (“CSI”) account with a minimum of $10,000 of New-To-Citi funds during an Account Funding Period as described below. See below for the definition of “New-to-Citi funds”. The date your CSI account receives the first New to Citi funds in your CSI account is defined as your “Date of Initial Funding.” The Date of Initial Funding will determine the Initial Funding Month that begins the Account Funding Period. During the Account Funding Period, you may continue to add New-To-Citi funds to establish your bonus amount.
- You must be enrolled in eDelivery of statements through the end of the Account Funding Period.
- Maintain the New-To-Citi funds in your Citi Self Invest account through the Maintain Funds Period shown in the Example of Funding and Maintenance Requirements
| Cash Bonus | New-To-Citi Funding |
| $100 | $10,000 – $49,999 |
| $200 | $50,000 – $199,999 |
| $500 | $200,000 or more |
The information for the Citi® Self Invest has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
| J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
| M1 High-Yield Cash Account (4.00% APY) | E*TRADE (Up to $6,000 Cash) |
| WeBull (Free Stocks) | |
Citi Personal Wealth Management Up To $5000 Bonus
- Learn more about this offer.
- What you’ll get: Up to $5,000 bonus
- Where it’s available: Nationwide
- How to earn it:
- Step 1: Contact a Financial Advisor to enroll a new or existing eligible Citi Personal Wealth Management account by 6/30/2025.
- Step 2: Fund a new or existing Citi Personal Wealth Management account with a minimum of $50,000 in New-to-Citi funds between 4/1/2025 – 6/30/2025.
- Step 3: Enroll or maintain enrollment in eDelivery of statements through the Account Funding Period deadline shown in the Terms and Conditions.
- Step 4: Maintain the New-to-Citi funds in your account through the Maintain Funds deadline shown in the Terms and Conditions.
(Expires 06/30/2025)
| Cash Bonus | New-To-Citi Funding |
| $500 | $50,000 – $199,999 |
| $1,000 | $200,000 – $499,999 |
| $2,000 | $500,000 – $999,999 |
| $3,000 | $1,000,000 – $1,999,999 |
| $5,000 | $2,000,000+ |
The information for the Citi Personal Wealth Management has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
| J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
| M1 High-Yield Cash Account (4.00% APY) | E*TRADE (Up to $6,000 Cash) |
| WeBull (Free Stocks) | |
Citi® Accelerate Savings
Citi Checking $325 or $450 Cash Bonus (Expired)
New checking customers can earn a $325 or $450 cash bonus when opening a new eligible checking account from 10/9/24 to 1/7/25 with qualifying Enhanced Direct Deposits and required activities.
- Learn more about this offer.
- What you’ll get: $325 or $450 bonus
- Account Type: Citi Checking
In order to qualify:
- Open a new eligible Citi® Checking account with Enhanced Direct Deposits and enroll in this offer by applying directly from this page. Offer valid from 10/9/24 to 1/7/25.
- Deposit at least two (2) Enhanced Direct Deposits directly into your new checking account within 90 calendar days from account opening. Your total combined Enhanced Direct Deposits must equal $3,000 or more. Deposits made to a savings account are not eligible.
- Earn $325 when you make $3,000 in qualifying Enhanced Direct Deposits
- Earn $450 when you make $6,000 in qualifying Enhanced Direct Deposits
- Earn and enjoy a $325 or $450 cash bonus. Your bonus amount will be determined by the sum of all Enhanced Direct Deposits made to your new Checking Account as of the 90th calendar day after account opening. Your bonus will be deposited as a credit to your open, eligible checking account within 30 days after the end of the 90-calendar day qualification period. Only new checking customers can take advantage of this offer.
The information for the Citi Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
| BMO Smart Money Checking ($350 cash bonus) | BMO Smart Advantage Checking ($350 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| First Tech Rewards Checking ($300 bonus) | |
Citi Checking $400 Cash Bonus (Expired)
New checking customers can earn a $400 cash bonus by opening an eligible checking account from 8/21/24 to 10/8/24 and completing required activities.
- Learn more about this offer.
- What you’ll get: $400 bonus
- Account Type: Citi Checking
In order to qualify:
- Open new account. To enroll in this offer, you must apply directly from this page. Opening an account does not guarantee that you meet eligibility requirements. Open a new eligible checking account and enroll in the bonus offer the same day. Offer valid from 8/21/24 to 10/8/24.
- Fund your account. Deposit a required minimum balance of $10,000 in New-to-Citibank funds into your checking account within 45 calendar days from account opening.
- Maintain your balance. Maintain the required minimum balance of $10,000 in your eligible Citi Checking Account for an additional 45 days from the 46th day. Your bonus will be deposited as a credit to your open, eligible checking account within 30 calendar days after you have completed all required activities. Only new checking customers can take advantage of this offer.
The information for the Citi Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
| BMO Smart Money Checking ($350 cash bonus) | BMO Smart Advantage Checking ($350 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| First Tech Rewards Checking ($300 bonus) | |
Citi Priority Account Up To $2,000 Cash Bonus (Expired)
Open a Citi Priority Account and earn a cash bonus of $200, $500, $1,000, $1,500, or $2,000 when you maintain a minimum eligible balance and complete required activities.
- Account Type: Citi Priority Account
- Expiration: 1/9/2024
How To Earn The Bonus
- Deposit New-to-Citi® Funds into your new checking account within 20 days of account opening. The balance on your 20th day will determine your maximum eligible cash bonus. Maintain the required Minimum Balance in your eligible account for an additional 60 days from the 21st day.
- The cash bonus will be deposited to your open, eligible account within 30 calendar days after you complete all required activities.
| Cash Bonus | Minimum Deposit & Minimum Balance |
| $200 | $10,000 – $29,999 |
| $500 | $30,000 – $74,999 |
| $1,000 | $75,000 – $199,999 |
| $1,500 | $200,000 – $299,999 |
| $2,000 | $300,000 and above |
Member FDIC.
Fine Print
- Your Balance must be held in your eligible Checking Account
- Please understand if your Balance falls into a lower Balance Tier for even one day during the Maintenance Period, your Maximum Bonus will change (see Chart above).
- You cannot use a Citi Accelerate Savings Account or a Citi Savings Account to maintain your Balance as part of this offer and still be eligible to earn the Bonus
- So long as you have not owned a Citi checking account in the last 180 days, are at least 18 years old, and furnish or have a valid Form W-9 or Form W-8BEN on file with Citibank and are not subject to backup withholding, you can participate in the New to Citi Checking Cash Bonus Offer in select markets. Customers who open via phone or apply online with a residential/home (not mailing) address in an Eligible Location can qualify.
Citigold® Checking Account Up To $2,000 Cash Bonus (Expired)
Open a Citigold® Checking Account and earn a $200, $500, $1,000, $1,500, or $2,000 cash bonus when you maintain a minimum eligible balance and complete required activities.
- Account Type: Citigold® Checking Account
- Expiration: 1/9/2024
How To Earn The Bonus
- Deposit New-to-Citi® Funds into your new checking account within 20 days of account opening. The balance on your 20th day will determine your maximum eligible cash bonus. Maintain the required Minimum Balance in your eligible account for an additional 60 days from the 21st day.
- The cash bonus will be deposited to your open, eligible account within 30 calendar days after you complete all required activities.
| Cash Bonus | Minimum Deposit & Minimum Balance |
| $200 | $10,000 – $29,999 |
| $500 | $30,000 – $74,999 |
| $1,000 | $75,000 – $199,999 |
| $1,500 | $200,000 – $299,999 |
| $2,000 | $300,000 and above |
Member FDIC.
Fine Print
- Your Balance must be held in your eligible Checking Account. You cannot use a Citi Accelerate Savings Account or a Citi Savings Account to maintain your Balance as part of this offer and still be eligible to earn the Bonus
- Please understand if your Balance falls into a lower Balance Tier for even one day during the Maintenance Period, your Maximum Bonus will change (see Chart above).
- If you do not maintain a minimum combined average monthly balance of $200,000 in eligible linked deposit, retirement and investment accounts, your Citigold® Account will be converted to the Citi Priority Account and your accounts will be subject to the terms and conditions then in effect for that type of account.
Citi Up to $5,000 Savings Bonus (Expired)
- Account Type: Citi Savings Account
- Expiration Date: 04/03/2023
To earn the bonus:
- Step 1: Enroll and open a new Citi Savings Account by 04/03/2023.
- Step 2: Fund Your Account. Deposit New-to-Citi Funds into your new savings account within 20 days of account opening. The balance on your 20th day will determine your maximum eligible cash bonus.
- Step 3: Maintain the Balance. Maintain the required Minimum Balance for an additional 60 days from the 21st day.
- Step 4: Get Rewarded. The cash bonus will be deposited to your open, eligible savings account within 30 calendar days after you complete all required activities.
| Cash Bonus | Minimum Deposit & Minimum Balance |
| $100 | $10,000 – $29,999 |
| $150 | $30,000 – $49,999 |
| $250 | $50,000 – $99,999 |
| $500 | $100,000 – $199,999 |
| $1,000 | $200,000 – $499,999 |
| $2,500 | $500,000 – $999,999 |
| $5,000 | $1,000,000+ |
The information for the Citi Savings Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
Fine Print
- Must be at least 18 years old and a new or existing Citi customer.
- Only customers who open in a branch or use a residential address in California, Connecticut, Nevada, New Jersey, New York, District Of Columbia, Virginia, Maryland or select markets in Illinois and Florida can qualify.
- Citi® Accelerate Savings Accounts do not qualify for this offer.
- Savings Accounts that are living trust accounts and custodial accounts are eligible, but fiduciary, estate, business, retirement (IRAs, SEPs, CESAs, money purchase pension plans and profit sharing plans), and other trust accounts will not qualify for this offer.
- You can enroll online by clicking “enroll now” and following the instructions for online account opening or by contacting a Citi representative by phone or in a branch and asking the representative to enroll you in the Get Rewarded for Saving More Offer. However, if you open your account on citi.com by any other means you will be not be eligible to earn the Get Rewarded for Saving More Offer.
- Must maintain your balance for an additional 60 days from the 21st day. Should you fall to a lower tier (even for 1 day) within that window, your maximum bonus will drop to that tier.
- Funds must be new to Citi®: funds deposited from external accounts or payees other than Citi®, N.A. and must be deposited using domestic ACH transfer, direct deposit, checks drawn on banks other than Citi®, N.A. or wire transfer.
- Cash deposits, Citi Global Transfers, international ACH transfers, Zelle® transactions and person-to-person transfer services such as Apple Pay, PayPal®, and Venmo, and Zelle®, do not qualify as New-to-Citi Funds.
- To remain eligible, your savings account must remain open and in good standing from the time it’s opened until you receive your bonus.
Bottom Line
Compare Citi Promotions with other bank bonuses from banks like U.S. Bank, Huntington, HSBC, Chase, Axos Bank, Discover Bank, TD Bank, and more!
The main advantage about Citi promotions, however, is that they’re often structured to reward you with more cash if you can meet higher balance requirements.
Citi will reward you big if you can meet the highest terms. However, the “New to Citi Checking” welcome bonuses start with a $300 tier.
Make sure to read the fine print and understand the account’s fee structure. I recommend to sign up to Citi if you’re a non-Citi customer.
Finally, check back often for the latest Citi promotions, bonuses, and offers!
Link for $1,500 offer. Cheers and happy hunting!
https://banking.citi.com/cbol/OM/checking/choice/featured-offers/default.htm?flowID=MGM&venue=mgm&mgmrefid=1082722306
https://banking.citi.com/cbol/OM/checking/choice/featured-offers/default.htm?flowID=MGM&venue=mgm&mgmrefid=1082512404
how come the fdic or the controller of the currency allows this bank to rob from people
Same here! The off-shore people running customer support aren’t even familiar with POD/TOD forms, the requirements, and what the process is. As soon as my $1000 shows up I’m going to begin the arduous process of trying to get it closed. Why anyone would want to bank with them when it’s this bad is beyond me. I don’t have this issue with my credit union.
I was also told I wouldn’t get the $300 bonus payment Citi promised me. The deal was open an account by 6/30/21, fund $15K within 30 days, then maintain for 60. I was given two different answers by Citibank online chat reps about when the bonus would be paid – and they CONFIRMED it would be paid. Had to call customer service. The opened a ticket, which took two weeks, and the finally sent me a letter saying I wasn’t elibigle since I didn’t open the account after July 1. Ridiculous. The only advice I’d give everyone here is to print out or take screenshots of the terms of any bank deal you’re signing up for (directly from the bank’s website). Then you have proof later.
You mentioned above ‘ Citi Priority Account $300, $700, $1,500 Bonus
Citi is offering a promotion of a $300, $700, or $1,500 cash bonus when you open an eligible checking & savings account in The Citi Priority Account with required activities. ‘
I don’t see it requires the priority account to get the bonus. I think the basic account is also eligible. Can you clarify?
Thank you for sharing your very very negative experience with Citibank. If I were you I would bring it
to you local “Action Reporter” in your city and have them check into it in order for you to get the money
owed to you. There Reporters at your local TV station that will gladly look into it and hopefully fight to
get you your deserved money. I never go by what anyone at bank tells me. I am shocked at the caliber
of people I have encountered in the last year at various banks. I have found they make nothing but mistakes and are not properly trained or just don’t care. Again, I am very sorry to hear what you have
gone thru.
Signed up on offer. Customer service is so bad I am closing account — which itself has been an ordeal. I’ve tried to update account holder and beneficiaries and the process is literally stuck in the 1980’s with paper mailings and notaries but with the 2021 twist of ABSOLUTELY NO WAY to speak to anyone knowledgeable about the process. The “back office” takes weeks to do anything and then sends you a form letter with NO RECOURSE other than to call their unempowered, offshore call center agents who can do nothing but take 30 minutes to verify your identity EVERY TIME YOU CALL.
Bottom line: HORRENDOUS customer service. Not worth it.
Great offers they have now 🙂
Please find a Law Firm to file a Class-Action case against the Citibank and I will join you because it closed my account after keeping my $15,000 for 90 Days and told me that it was closed on 57th day of my $15,000 Deposit and hence I won’t be given the bonus. The President’s Office representative Maria told me that the Bank couldn’t verify my information at the time of account opening and the staff was so lazy to take a decision on 57th Day after the $15,000 deposit i.e. more than two months after the account opening. I am a U.S. Citizen, have provided them my CA DL to open the account and hence am willing, capable and ready person to file a Class-Action case against the Citibank for its False Advertising to Cheat the depositors. I am still to get my $15,000 back even after 90 days. Shame Citibank
Your good stars saved you from this Fraudulent promotion of Citibank. You may not have received the bonus even after 90 days of keeping the $15,000 deposit for 60 days as per the requirement of getting the Bonus. Citibank close the account without any reason, to avoid paying the bonus and even the President’s office representative Maria says that the Citibank can close the account anytime without giving any reason.
Good luck, if you get the bonus even after 90 days of keeping the $15,000 deposit for 60 days as per the requirement of getting the Bonus. Citibank close the account without any reason, to avoid paying the bonus and even the President’s office representative Maria says that the Citibank can close the account anytime without giving any reason.
Please find a Law Firm to file a Class-Action case against the Citibank and I will join you because it closed my account after keeping my $15,000 for 90 Days and told me that it was closed on 57th day of my $15,000 Deposit and hence I won’t be given the bonus. The President’s Office representative Maria told me that the Bank couldn’t verify my information at the time of account opening and the staff was so lazy to take a decision on 57th Day after the $15,000 deposit i.e. more than two months after the account opening. I am a U.S. Citizen, have provided them my CA DL to open the account and hence am willing, capable and ready person to file a Class-Action case against the Citibank for its False Advertising to Cheat the depositors. I am still to get my $15,000 back even after 90 days. Shame Citibank
Why Citibank has a promotion of opening a Checking and Savings account and keep a balance of $15,000 to get Bonus of $400 and close the accounts a few days before the 60 days, to avoid paying the Bonus, with no reasons given for closing the accounts?
Because it wants to cheat the customers and that is how it became so-called #1. However, the Bank of America is #1 in Customer Service and hence it doesn’t have to do such promotions.
Also, as Justin said, Capital One is the only bank that paid the Bonus, as promised, of $500 on a deposit of $50,000 for 90 days, within a few weeks after the 90 days. DON”T TRUST THE CHEAT CITIBANK WHERE EVEN THE PRESIDENT’S OFFICE ALSO, IS INVOLVED AND DID NOT PAY THE BONUS AFTER KEEPING $15,000 FOR MORE THAN 90 DAYS AND CLOSED THE ACCOUNT WITH NO REASON GIVEN.
I was recently scammed out of the $700 promotion myself. I walked into a Citibank branch that has posters all over the wall: $700 sign-up bonus if you open a Citi Priority account package.
I sat down with a bank rep and was assured that if I deposit and maintain $50,000 for 60 days in my new account, I would get the $700.
Caveat: the payout is 90 days after you meet the requirements, which basically means you get the payout after 150 days (5 months).
Last week was supposed to be the payout date for my $700. I called to inquire why I did not receive payment. GUESS WHAT? I NEVER OPENED A CITI PRIORITY ACCOUNT??!?!?!?!?! I opened a regular account, but still deposited $700 into it, and I was not eligible for ANY sign-up bonus.
Worst possible banking experience I have ever seen. They straight up lie to your face. I had paper work to prove that I opened a Citi Priority account with them, because they sent it to me in the mail. They didn’t care. Indian outsourced customer service rep told me “there is nothing we can do, sir.”
DO NOT do business with this terrible bank.
Very very bad experience with the Citibank Citi Pirority package $700 bonus promo. Their online application screen froze couple of times in the middle of application process and had to restart and refill info again and again. After completing all personal info online on 5/18/2020 and successfully going through their online process, and SS card pic was sent via their Esign doc. Account was finally opened with only a checking account number was received in the snail mail a few days later. After calling and more than 40 minutes wait, finally got to their customer service overseas customer agent. I was told the checking account that was opened and then was being closed the next day due to insufficient info. Not sure what scam Citibank is pulling. Unfortunately, I now lost my personal info and concern maybe risking identify theft with this shady business practice. It could be even worse if $50K was deposited and kept for 90 days, then they closed the account and bonus was not given. Hope my experience can serve as a warning to those who want to apply to those Citibank bonus!
In the end you will be making better interest with the bonus than keeping it any other high interest savings account.
As far as I know, the Capital one is the only institution that gives you bonus after maintaining the qualifying funds in the high interest rate savings account. Financial institutions have less incentives to give bonus since those accounts give higher interests. I do have a question. Where did you find you can move fund to accelerate account after meeting the bonus requirements in order to avoid the monthly fee? There is a fine print saying, “you can avoid monthly fee for maintaining fund in eligible account”. I am not sure what eligible accounts mean. Does it include a self managed brokerage account too as well as accelerated savings account?
I signed up for the $700 bonus for the priority package on March 31st. Be aware that this opens a standard interest savings account (0.10%) and not the Accelerate savings account (1.55%). I learned this today after seeing the much less than expected interest hit my account. It is really not that clear in the terms and conditions that the Accelerate account is not eligible. It is also not obvious during the account opening process that you are opening a standard savings account with the lower interest. I may have thought twice if I understood that at the time.
If you decide to go with this bonus, you can transfer the balance from the standard account to an Accelerate account once you met the bonus requirements (maintain minimum balance for 60 days). The other bonus programs likely work the same way. I should have known better but in the future I will take a screenshot of every screen during the application process.
Horrible customer service. Once you open account, you can’t reach them. They have bots when you click on chat and the bots will just mention that you would be transferred to a representative but never get one. I waited for 30 minutes from 9:00am to 9:30 am CST on 03/21/2020 and there was no one who replied or assisted me.
If you miss 1 day you are automatically disqualified, when they say 90 consecutive days they mean it.
I recently took part in Citibank’s $400 promotion whereby I had to put $15K in either a checking or savings account for 90 days. I called each month to make sure I had followed their guidelines. I then noticed that my checking account was closed. I called and they told me that it was closed by them for inactivity. No Bonus! What a deceptive scam this bank pulled!
I have a question on these terms. I accidentally pulled out some funds and couldn’t maintain the $15000 balance for 5 or 6 days (balance for these days was $14830) but after realizing I maintained $16000 for remaining period which is more than a month. Am I disqualified there itself?
Never trust Citibank, they will take your money, promising bonus, but when 150 days passed since requirements have been met, they say “we don’t see promotions on your account” even thought I called them every month just to make sure that the account is set up correctly and I am am getting the bonus.
I suggest to take your money and bank somewhere else
Shame, CITI!
P.S. their costumer service is outsource to India, be ready to talk to people who don’t put customers FIRST.
I got same thing.
What this about a W-9. In the application there was language about whether or not I was subject to backup withholding (No). Do I also have to submit a W-9? How?
If I close the account after I receive the bonus, do I forfeit the bonus? Or is there a fee to close the account?
I got all the way through the process of the online application up to the “funding” page and that is where I ran into problems. The system would not let me do an “online verification” and had to click on “trial deposit,” but when I submitted I got a “not authorized” response. Now the page is just up there. I have all my personal information inputted and there is no way to back out or erase the info. So frustrating.
The Citibank promotion is a huge scam. Met all qualifying events. No bonus. Called customer service. Said they would get back to me, no response. Do not waste your time with Citibank!
I signed up online and got an email that they were reviewing account and would get a response in 5 days. It’s been over two weeks, and it looks like I’m not the only one who’s had this issue. I have freezes on my credit, so I unlocked them for a week based on Citibank’s email so they could do a soft inquirty. Well, they’re frozen now, and I’m not going to unlock them again, since I have no idea if Citibank’s even going to respond. I’m moving onto to another bank.
When did they add the disqualification for receiving a bonus in last 24 months? I’ve done the promotion 3 years in a row (2016, 2017, 2018), and received my bonus all 3 times.
2016 – $15k opening balance, $400 bonus (Citi Account)
2017 – $50k opening balance, $500 bonus (Citi Priority, wasn’t worth it…)
2018 – $15k opening balance, $300 bonus (Citi Account, should have waited & opened 1 month later, would have gotten $400 bonus)
In all 3 cases, my initial (opening) deposit met the balance-requirement, and I got the bonus within 90-120 days of account opening. (I For the 2016 and 2018 years, I opened the same account-type within 18-19 months of each other…
HSBC and Bank of the West’s Account Promotion pages clearly state that receiving a promotion within the past 2-years disqualifies you for new account promotions.
I have opened an account last year, transferred $15000 and had few direct deposits – qualified for $500 bonus on 01/15/2019 ( after keeping $15K for 60 days) , Yet to get the bonus deposited I called Citi customer care couple of times was asked to wait for completing 90 days after qualifying date. Looking at this mail thread it seems like a scam and less optimistic now. There is a minimum balance requirement of $10K , any idea whether we can downgrade to have a minimum balance of < $2K while I still hope to get the bonus in future..
I have made money from Citibank promos and several other Banks in the past. Now Citi requires minimum deposit amounts to be in your account for 60 days, then Citi will post a bonus to your account with the next 90 days. At least that is how I understand the language. Please correct if wrong. Having funds in an account for 60 plus 90 days equal 5 months waiting to earn @2% or less.
Careful with this promotion, other people complained, and it happened to me, they didn’t pay (400/15000×60 days)
Does anyone know how to do an ach1 to qualify for the bonus?
I deposited combination 15k in checking ($1) and savings ($14,999) which was ok per their offer and per phone call with customer service. Just got an email that I don’t qualify for the bonus – they’ve changed the conditions to require 1,500 in checking and $100 in savings. I qualified for the bonus as the terms were written when I opened the accounts. I’m filing a complaint with the CFPB and suggest that others do the same.
NO I didn’t receive money! This is FRAUD!!! They didn’t pay me bonus after 6 months. Worst bank in USA
Run from Citibank. Never before have I gotten the run around from a bank about the bonus, like this bank. I qualified for the bonus on 7/28/18, and for almost 4 months I’ve been getting excuse after excuse. I’ve made at least a dozen calls/chats. I finally filed a complaint with Consumer Financial Protection Bureau. It’s scary how many complaints they have. Here’s a link to the database that shows all the complaints regarding bank bonus:
https://www.consumerfinance.gov/data-research/consumer-complaints/search/?from=0&searchField=all&searchText=Citibank%20bonus&size=25&sort=created_date_desc
Best/quick way to fund Citi is get cashiers cheque from your other bank & deposit at branch.
Yes, you can refer your friends for $200/$400/$600 & you will get $100.
Request your personalized promo code from banker & share with friends before they go for opening ac.
If all conditions met, you must receive 400$ within 60 days.
Before applying this ac, if you were added to someone’s ac as co-signer, you will not get $400 bonus.
Has anyone received the $400 bonus in their account and how long did it take (after all requirements were met after 60 days) for the bonus to get processed? They say it can take up to 90 days but other banks have given such bonuses within a week to a month.
Application for the $400 Citibank promo was approved and money transferred to Citi. What I can’t seem to get from Citi is verification that I will get the $400 at the end of three months (providing I don’t let my balance fall). I would like something in writing at the very least. They assured me over the phone but I’ve learned not to take only someone’s word. Did anyone else get anything in writing in this regard?
I opened an account to get the $400 bonus. I set up an external account and then transferred $15,000 into the Citibank account to satisfy the bonus requirements. Citibank will not allow the funds to be deposited in the account. I was given phone numbers to call. No answer. Citibank has a history of fraudulent bonuses. Without funds in the account, Citibank can charge fees. This is the second attempt to fund the account. First I made Citibank and external account on the bank with the funds and did a transfer. Citibank blocked the transfer. It’s maddening to try to do a deposit. I contacted the banker who opened the account. She couldn’t help. It’s not worth the aggravation and getting the bonus will be more of a problem than depositing funds into the account using electronic transfer. Citibank blocks all transfers of funds into its ban,
The Citibank promotions are doable but there’s a catch. The language “eligible” is sprinkled all throughout the offer; however, what omitted willfully is that if someone has received a bonus in the last 24 months the account(s) they open are NOT eligible. You’ll see ‘other terms and conditions apply’ or “speak to a representative for additional details.” The add’l terms and details have to do with prior bonuses.
1.Can the new promos running through Jun 30 2018 be combined with referral bonus?
2. If yes is there anyway one can refer online or is it only at the branch?
3. Are the same promos for $200/$400/$600 available at the branch?
No fee it states if $50,000 is maintained in account.
It states there is not a fee if $50,000 IS MAINTAINED IN ACCOUNT.
I second that. I just had horrible experience with them. Citibank will send you a link with security questions you have not setup yet to make a deposit.
They will waste your time and in the end tell you that you are past 30 days to make deposit and will not get promotional offer.
STAY AWAY FROM CITIBANK PROMOTIONAL OFFER!!!!!!!!!!!!
I tried this twice and was unsuccessful. The 30 day window is too short to get the direct deposit set up. Would not recommend any situation where you have only 30 days to get things set up.
If you want to open a Citi Bank account, please use the referral code 201108537.
Citibank has the worst customer service. You will need to go through an extensive process in order to get approved for the bonus in time if you are lucky.
$30/mo. fee for the checking account.
This offer requires a promotional code
CitBank’s promos notoriously have sky high minimums…