Bonus will be paid within 30 days after you successfully complete all required activities. Many or all of the products featured here are from our partners who compensate us. and on Form 1042-S for those in other countries. All financial products, shopping products and services are presented without warranty. Banks really will give you free money just for opening an account. You don't need a ton of money, there aren't "gotcha" fees buried in the fine print, and you're not doing anything unethical by signing up just to get the promotion. Our partners cannot pay us to guarantee favorable reviews of their products or services. Citibank is a top-20 global financial institution and the fourth-largest bank in the U.S.and it wants to keep growing. Citi often offers bank account bonuses and other benefits to incentivize new customers to open an account, and if you have a high net worth, you could take advantage of a big cash bonus. ,if you open a non-basic account) then opening a Citi checking account could be worth it for you. Any opinions expressed are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Citi. So how do we make money? Get more smart money moves straight to your inbox. International Personal Bank customers are not eligible for this offer. This checking account doesnt charge Citi fees on non-Citibank ATM withdrawals plus reimbursed third-party ATM fees. By continuing, you agree to their use. Depending on when you deposit the cash (it needs to be there by the 20th day), the bonus represents an effective rate of roughly 5-11% on your savings. If you open your account on citi.com by any other means than those described, you will not be eligible to earn the New to Citi Checking Cash Bonus Offer. In the past, this financial institution has offered some valuable bank account bonuses, and the current Citibank checking promotion is no exception. be required to visit a branch in-person to take advantage of a welcome offer. Unlimited domestic ATM fee reimbursements. If youre considering opening a new account, but want to compare other options heres a quick summary of some of the other checking products beyond the Citi Priority Account Package. She has written and edited content on personal finance topics for more than five years. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Checking 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. Want to compare more bank bonuses? For starters, youll get Citi ATM fees waived on out-of-network withdrawals if you meet certain balance requirements. Check out the current offers from Citi or all available offers instead. To open a Citibank checking account, you will need the following: legal name, date of birth, residential address, citizenship status, country of residence, country of citizenship, government-issued identification (such as a drivers license or passport), social security number (or individual taxpayer identification number for nonresidents). Advertiser Disclosure: Most products in our articles are from partners who may provide us with compensation. 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. Advertiser Disclosure: Many of the credit card offers that appear on this site are from credit card companies from which BankCheckingSavings.com receives compensation. Citi Priority gives customers more access to professional financial guidance. All rights reserved. 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. However, sign-up bonuses for rewards credit cards are not generally considered taxable income because cardholders are required to spend money to earn the promotion. Open a Citi checking account and deposit at least $15,000 into the account within 20 days. If youre looking for a new business checking account and have thousands of dollars youre willing to tie up for a few months, you can receive a hefty welcome bonus from Citibank when you open an account. Earn $1,500 if you deposit $200,000 or more. Also, make sure to open a Citi Accelerate High-Yield Savings Account alongside your new checking account to maximize the return on your savings. Find out how to take advantage of the huge cash bonus. Customers in select locations can also apply via phone. Editors Note: Some offers listed in this article are no longer available. This compensation comes from two main sources. For that, youll get a lot of the same perks that you can get with the Citi Priority Account Package, plus: While this is largely a fee-free account, you will need to maintain the $200,000 combined average monthly balance to keep your status. Opinions expressed here are author's alone, not those of the bank, and have not been reviewed, approved or otherwise endorsed by the bank. These cookies do not store any personal information. The next level of premium banking, the CitigoldAccount Package requires that you maintain a minimum combined average monthly balance of $200,000 or more in eligible linked accounts. Chase Bank Coupons, Bonuses, & Promotions. Citibank business checking bonuses are fairly restrictive, as the accounts must be opened in a branch location. Not available to those who have owned a Citi checking account in the last 180 days. Click the link below to open your new Citi Priority Account. Always consult a tax professional. The Forbes Advisor editorial team is independent and objective. Aaron is an avid global traveler and miles and points enthusiast.

This content is not provided by Citi. With this account, youll be able to chat with Citi Priority Advisors at your local branch or over the phone. And because offers can change, we cannot guarantee that our information will always be up to date, so we encourage you to verify all the terms and conditions of any financial product before you apply. If you can qualify for the Citi Priority Account Package bonus, but you want to maximize the interest you earn on your deposits, consider pairing the premium Citibank checking account with a Citi Accelerate High-Yield Savings Account. Currently, you can earn up to $1,500 in cash bonuses when you sign up for a new Citi Priority Checking Account, from our partner Citi, and deposit at least $15,000. Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds. Make sure you read the fine print of the bonus before applying for an account so you dont miss out on the money. Your Citi Accelerate High-Yield Savings Account comes with an assortment of added benefits. Citi Priority checking account, available nationwide, offers a bonus of $200, $500, $1,000, $1,500 or $2,000. Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. Our opinions are our own. You might be able to score a nice chunk of change without having to sit on a big hunk of your money. Offer valid through August 8, 2022. For branch locations, visit locator.chase.com. Personal information, including an up-to-date phone number and mailing address, Verification of employment status and income (tax return, W-9 form or W-8BEN form), Valid ID (state ID, drivers license or military ID). You can read our advertising disclosure, American Bank & Trust $100 Checking Bonus, Charter Oak Credit Union $100 Checking Bonus, Flushing Bank Complete Checking Premier Bonus: $300 Promotion (New Jersey, New York), State Bank of India Checking Account Bonus: $25 Promotion (California only). If your balance falls to a lower tier at any point during the maintenance period, the bonus changes. Citi advises that you consult with a tax advisor. We'll send the details straight to your inbox, as well as a reminder when the offer is about to expire. You know, since they'll owe you big time.

The account has a monthly fee, but it can be waived if you maintain a high enough balance. This Citibank account offers unlimited check-writing privileges, and it also wont charge you a Citi fee on non-Citi ATM withdrawals if the first-listed account owner is 62 years or older. The types of accounts eligible for the Citi Elevate Accounts Package include interest checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), IRAs, Roth IRAs, and investments held in your linked Citigroup Global Markets Inc. accounts (CGMI) and annuity positions shown on linked CGMI statements (except for tax-qualified annuities, which includes annuities that qualify under sections 401, 403, 408 and 457 of the Internal Revenue code). Enter Offer Code CY622 when applying. The account also doesnt charge overdraft fees, which is becoming more common among online bank accounts. Exclusive travel services like Citigold Home Connect and access to the Citigold Lounge. You should consult your own professional advisors for such advice. This category only includes cookies that ensures basic functionalities and security features of the website. Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts. Account must be open when bonus is credited. It is mandatory to procure user consent prior to running these cookies on your website. Reasonable efforts are made to maintain accurate information. CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. Ruth Sarreal is a content management specialist at NerdWallet. But before you move forward, make sure Citibank is a good fit for you, given its rather limited retail banking presence. Need help keeping track of these bonuses?? This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This page will be updated when a new offer is available. All links in our content provide compensation to Slickdeals. For all of your options, take a peek at the best bank bonuses to see what offers are currently available. If you can look past the high balance requirements and low interest rates in favor of earning a bonus (and enjoying the perks that come with premium accounts,if you open a non-basic account) then opening a Citi checking account could be worth it for you. Earn up to $2,000 for opening a Citi Priority Account with required activities. She has written and edited content on personal finance topics for more than five years. But the promotions do require you to keep a substantial amount of money on deposit for a few months to earn the most cash. Citigold Package: $0 with an average monthly balance of at least $200,000in eligible linked accounts. We publish data-driven analysis to help you save money & make savvy decisions. Full requirements to receive this bonus are: To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now: Citi is headquartered in New York and has around 2,600 locations worldwide (about 1,000 of those are here in the U.S.) and over 72,000 fee-free ATMs. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); !function(){function e(){var e=document.createElement("script"),n=document.getElementById("myFinance-widget- All financial products, shopping products and services are presented without warranty. Funds must be new to Citi: funds deposited from external accounts or payees other than Citibank, N.A. Features include: The account has a $4.50 service fee each month, but if youre opening it with a Priority Account Package, youll opt out of that monthly cost. However, this is a checkless account so purchases and bills will need to be paid with a debit or credit card. Fortunately, Citi has a total of 680 branches in the United States. Citibank promotions for new accounts are based on the amount you deposit and keep in the bank. Complete two or more direct deposits totaling $4,000 to earn $400. Receive your cash bonus within 90 days once all requirements are met. And, as previously mentioned, not only can you use this interest-earning account to maximize your savings, but its balance will also count toward the Citi Priority Package Checking balance requirement. Anthony Nguyen, founder of Bankcheckingsavings.com, has a passion for finding the best deals, bank promotions, credit card offers, cash back, points & miles, and everything in between. What we really love about Citi is the consistent promotions, usually available nationwide. Your account must be open and in good standing to receive the bonus. Available nationwide with the ability to open online, Citi is offering up to a $1,500 cash bonus when you open a new Citi Priority Account. Your Citibank welcome bonus will be reported to the IRS as interest income. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Copyright 2022 BankCheckingSavings. Bonus will be credited to your open, eligible account within 90 calendar days after completing the requirements. css";if(!document.getElementById(c)){var d=document.getElementsByTagName("head"). The offer details on this page have not been reviewed or provided by Citibank. Citi Priority Account does charge a monthly fee of $30, but there are ways to get this waived: You may sometimes Please try again later. International travel services like World Wallet foreign currency delivery and access to emergency cash. $15,000 in new funds will earn you $300; $50,000 will earn you $700; or $200,000 will earn you the full $1,500. Deposit new-to-Citibank funds into your account within 20 to 30 days. Your balance on the 20th day after opening your account determines the maximum bonus you can earn. Similarly, non-U.S. persons who received a Citi sign-up bonus will be issued a Form 1042-S. Bonus will be paid within 30 days after you successfully complete all required activities. When evaluating offers, please review the financial institutions Terms and Conditions. Earn 1.65% APY on Savings Connect and up to 0.25% APY on eChecking. Complete these steps within 60 days of opening your new Platinum, Gold or Easy checking account online: I cover the intersection of budgeting and money management, Citi Priority Account - Earn up to $2,000 Cash Bonus, Citi Accelerate High-Yield Savings - 1.40% APY, Discover Online Savings - $200 Cash Bonus, Earn up to $2,000 cash bonus when you open a new eligible Citi Priority Checking Account with required activities. The size of your cash bonus will depend on the opening minimum deposit. OK92033): Licenses, NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer AccessLicenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Citibank Bonus for Checking: Up to $1,500. Note that two forms of identification are needed for nonresidents who wish to open a Citibank checking account. Make sure you're eligible for the Citi Priority account bonus by reviewing the fine print below. Receive your bonus after keeping your required deposit in place for 60 days. Slickdeals, LLC. Something went wrong. With a Citi Accelerate High-Yield Savings Account, youll get an APY of 1.01%, which can compete with some of the top savings rates currently in the market. Whether youre opening a new account online or in-branch, youll typically need the following information and documentation: The Citi Priority Account bonus is one of the biggest bank account bonuses you can get. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Not available if you've owned a Citibank checking account in the last 180 days. Read more. Available online nationwide except in Alaska, Hawaii and Puerto Rico. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Earn a Bonus With This BlockFi Promo Code, How Do I Find Unclaimed Money In My Name For Free, Aspiration Bank Bonus: Debit Card Sign Up, How To Redeem Capital One Quicksilver $200 Bonus, Chase Business Complete Banking Bonus: $300 for New Customers in July, Best High-Yield Savings Accounts: Compare APY and Features, 5 Best Money Market Accounts in July 2022, UFB Direct High-Yield Savings: Earn Interest With No Fees. Citi Priority Package: $30, waived with an average monthly balance of at least $50,000in eligible linked accounts. Offer ends 09/15/2022, 11:59 PM ET. If youre opening a high-yield savings account with one of several other Citi packages, you can get the fee waived if you maintain an average monthly balance of at least $500. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. The low requirements make the offers accessible to most people, but even better, Citi will reward you big if you can meet the highest terms. Home > Bank Reviews & Deals > Citibank > Citi Priority Account. Editors note: Information here may be outdated as of the publication date. You do not have to use our links, but you help support CreditDonkey if you do. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired or changed. NerdWallet strives to keep its information accurate and up to date. I received my checks in the mail today and how do I know if I got the bonus or not, Your email address will not be published. Large network of 65,000 fee-free ATMs nationwide, Higher limits on ATM withdrawals and debit purchases, Investment benefits from Citi Personal Wealth Management, On-demand financial guidance from Citi Priority Advisors, Relationship pricing and rates on mortgages and other bank services, Must maintain at least $50,000 balance across all accounts to avoid monthly fee, Personal info (name, date of birth, address, phone number, email). Minimum of $100 for both the Savings Connect and eChecking to open ($200 total), New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking account and set up direct deposit, Access to 16,000 Chase ATMs and more than 4,700 branches. This material has been prepared for informational purposes only. Maintain a minimum balance for 60 consecutive calendar days from the 21st day. Privacy Policy. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website. Contact Anthony for media/advertising. But you can get it waived if you maintain an average combined monthly balance of $1,500 in eligible linked accounts or make at least one qualifying direct deposit or bill payment per statement period. Earn $700 if you deposit from $50,000 to $199,999. Editorial Note: This content is not provided by the bank. This Citibank account package offers some more robust benefits than other standard Citi checking accounts. Funds must be new to Citibank. The Citi Priority Checking Account offers a suite of benefits for high-net-worth customers. Basic Banking Package: $12, waived with an average monthly balance of at least $1,500in eligible linked accounts.

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. Bonus will be paid within 30 days after you successfully complete all required activities. Deposit must be posted to account within 30 days of account open date. Our partners compensate us. But you'll be rewarded with one of the biggest cash bonuses available right now. Open a new account under a Citi checking bonus or Citi savings bonus promotion. Like the other Citigold account, theres no monthly service fee, but you will need to maintain the minimum balance to retain your status. Commissions do not affect our editors' opinions or evaluations.

Earn a competitive high yield savings rate with access and convenience features of an eChecking account. Plus, you get access to professional financial guidance and access to 65,000 ATMs nationwide. We also use third-party cookies that help us analyze and understand how you use this website. We believe everyone should be able to make financial decisions with confidence. Open a new Citi Priority Account using the link below. Maintain a minimum balance for 60 consecutive calendar days from the 21st day. Earn $400 when you open a new eligible U.S. Bank consumer checking account and complete qualifying activities, subject to certain terms and limitations. Maintain a combined average monthly balance of $30,000 in eligible linked deposit, retirement and investment accounts, Why banks run these deals and how they make money. If your 20th day falls on a weekend or national holiday, the next business day will count as your 20th day instead. Citi offers a slate of business checking options, including a basic CitiBusiness Streamlined Checking Account account for smaller businesses; a CitiBusiness Flexible Checking Accountaccount for companies with a high number of monthly transactions; and an CitiBusiness Analyzed Checking Account account geared toward businesses that tend to keep bigger balances. Once you are approved for your Citi sign-up bonus, it will be deposited into your checking account within 90 days after successful completion of required activities. in eligible linked deposit, retirement and investment accounts. Must apply directly on the offer page (link above) to get the bonus. and must be deposited using domestic ACH transfer, direct deposit, checks drawn on banks other than Citibank, N.A. You can get preferred pricing on certain loan products, investment benefits and more. And we'll deliver it free, straight to your inbox.

Citibank Account Package: $25, waived with an average monthly balance of at least $10,000in eligible linked accounts. Citis welcome offers are available to both new and existing Citibank customers, even some who already have an account similar to one covered by a bonus. Citibanks bonuses are among the most attractive offers available for new account holders, and customers are not required to make direct deposits to qualify, which is often the case with welcome bonuses.