Citibank has extended a bonus for new checking accounts. You now have until the end of March to apply, in order to receive $300. It requires you to keep a large amount in the account to get the bonus and also to keep the account fee-free. You also need a direct deposit for the first two months of account opening.
Citi Account Package – $300 Offer
- To qualify to earn a $300 cash bonus, you must open a new eligible consumer checking account in The Citibank Account Package between 01/01/18 – 03/31/18.AND
- Within thirty (30) days, make a qualifying deposit of $15,000 or more in new-to-Citibank® funds into the new checking account or a new or existing Citi® Savings Account or existing Citibank® Savings Plus Account, and maintain a minimum balance of $15,000 for sixty (60) consecutive calendar days following the date when you made the qualifying deposit.
Fees
The account comes with a monthly fee that can be waived.
- The Citi Priority Account Package – $25 monthly service fee waived when you maintain a balance of $10,000 or more in your eligible deposits, retirement accounts, and investments.
Guru’s Wrap-Up
The offer has been around for sometime now and it gives you a nice bonus of $300, but requires a deposit of $15,000 within the first 30 days and you need to keep the money in the account for at least 60 days. You then need to have only a balance of 10,000 in your account to waive a $25 monthly fee. That’s why this is probably the best offer.
Also, you should know that Citi is often difficult with giving out bonuses and you might need to contact them in order to receive your bonus. That means that it might take longer for the bonus to post and you might have your money tied up longer than expected, which will make the first offer worse with each passing month.
Many people have reported trouble with Citi checking bonuses, but $300 is a large chunk of money. It should be worth it if you complete all the requirements in time and stay on top of them to receive the bonus as fast as possible. The faster you close the account the better, and there’s no closing fees.
If this bonus is not for you, then you can check our full list of available bank bonuses.
Offer Details
- Promo Page
- Account Type: Citi Priority Account Package
- Availability: Nationwide
- Expiration Date: 3/31/18
- Inquiry Type: Soft
- Credit Card Funding: No
- Direct Deposit Requirement: No
- Other Requirements: Deposit of $15,000 kept for 60 days
- Monthly Fee: $25 (waived with $10K balance)
- Closing Account Fee: None
Which of the two accounts it’s better to go with? Regular Checking or Interest Checking?
Regular Checking
Thanks DDG! Do terms state how soon after receiving the bonus I can close the account?
I believe you can do it right away. I don’t see a early closing fee in their terms so you should be ok to close at any time.
I didn’t see anything either. Thank you!