Update: Looks like this program already exists.
Citi has sent out a survey to current Citigold clients regarding a new product tier that might be offered in the future titled ‘Citigold Private Client’, this would require $1,000,000 in deposits or investments with Citi. The current Citigold account package requires $200,000 in deposits/investments. Possible benefits of the new Citigold Private Client included:
- $500 recurring relationship bonus for updating financial plans
- Amazon Prime
- Netflix
- TSA PreCheck
- Audible
- Waived Citi Prestige/AAdvantage Executive fees
Citi is rewarding customers that complete the survey with a $50 gift card. Currently Citigold customers receive a $100 discount on the annual fee on the Citi Prestige, so a completely waived fee along with streaming services would be significant. Bank of America’s Preferred Rewards program highest tier requires $100,000+ in deposits whereas Chase’s Private Client program is supposed to required $250,000+ but that is rarely enforced.
Hat tip to echen1024
