Citi Wealth Management – Up To $5,000 Bonus

Extended to 9/30/2025

Extended to 6/30/2025

Update 1/3/25: Extended through 3/31/25

The Offer

Direct link to offer

  • Citi is offering a bonus of up to $3,500 when you open and enroll in a new Citi Personal Wealth Management account. The bonus you receive depends on the amount of funds you fund the account with within two months of account opening, the funds must remain there for three months after account opening and you must enroll in eDelivery of statements. The bonus tiers are as follows:
    • Fund $50,000 – $199,999 and get a $500 bonus
    • Fund $200,000 – $499,999 and get a $1,000 bonus
    • Fund $500,000 – $999,999 and get a $1,500 $2,000 bonus
    • Fund $1,000,000 – $1,999,999 and get a $2,500 $3,000 bonus
    • Fund 2,000,000+ and get a $3,500 $5,000 bonus

 

The Fine Print

  • To qualify to earn a cash bonus reward, accounts must be funded in cash or securities and the account enrolled in e-delivery of statements within 2 months of account opening and the balance of the account must be maintained through the end of the month shown in the chart below. For example, an account opened in October must fund their account and enroll in e-delivery of statements between 10/1/20 and 12/31/20, then must maintain funds until 1/31/21.
  • Offer valid for clients who are 18 years or older who fund a new individual or joint Citi Personal Wealth Management account between October 1, 2020 and December 31, 2020. Account and asset eligibility requirements are explained below. Citi Personal Wealth Management reserves the right to change or cancel this offer at any time.
  • Cash or securities must come from an external, non-Citi, source through a standard transfer method (e.g., a standard Transfer of Assets form, check, electronic funds transfer, ADM deposit). “New-to-Citi Funds” are 1) funds deposited from external accounts or payees other than Citibank, N.A. and 2) must be deposited using domestic ACH transfer, Direct Deposit, checks drawn on banks other than Citibank, N.A., wire transfer, trustee to trustee transfer, or ACAT securities transfers.. Cash deposits, Citi Global Transfers, international ACH transfers, and person-to-person transfer services such as Apple Pay, PayPal®, Venmo, and Zelle®, do not qualify as New-to-Citi Funds. New-To-Citi funds may be deposited into a Citibank retail account and transferred to the new CPWM account during the account funding period outlined in the chart below. However, transfers of existing funds from a Citibank retail account are not considered New-To-Citi funds for the purpose of this promotion.
  • To qualify to earn a cash bonus reward, accounts must be funded in cash or securities and the account enrolled in e-delivery of statements within 2 months of account opening and the balance of the account must be maintained through the end of the month shown in the chart below. For example, an account opened in July must fund their account and enroll in e-delivery of statements between 7/1/20 and 9/30/20, then must maintain funds until 10/31/20.
  • The total funding for purposes of determining the bonus level funding considered for the promotion is defined as the total amount of eligible cash or securities received in the account minus withdrawals and transfers of securities out of the account as of the deadline to fund the account based on the month of account opening. Distributions, interest, and dividends from investments will not be counted. Market fluctuation will not impact eligibility for a particular bonus level.
  • The amount of the cash bonus reward is based on the funding received during the promotional period. The cash bonus will be credited to the Citi Personal Wealth Management account for customers who were enrolled in the promotion and have met the qualifying requirements stated in the offer based on the date the account was opened.
  • Limit one bonus per customer. If multiple accounts are opened or funded by a customer, the offer will apply to the eligible account with the highest balance. Multiple account balances in the name of the same beneficial owner will not be aggregated for purposes of this offer, except if one account is a non-managed brokerage account and the other account is a managed account, in which case the eligible funding from these two accounts may be aggregated for bonus qualification purposes. Any additional accounts opened during the promotional period will not be eligible for bonus eligibility. Citi Wealth Builder accounts are excluded from eligibility for this bonus. This offer cannot be combined with any other offer. All requirements of the offer, including the dates in the above chart, pertain to both the eligible managed account and brokerage account.
  • For purposes of this offer only, the primary owner of a joint account will be considered the customer. All accounts are subject to approval and applicable terms and fees. Account must be open and in good standing at the time the bonus is credited to receive the bonus.
  • The promotion is only available for certain account types, including individual and joint accounts. Accounts not eligible for this promotion include but are not limited to corporate and other business/entity accounts, trust accounts (except Living Revocable Trusts and Family Revocable Trusts which are eligible), retirement plan accounts other than IRAs and SEPs (e.g., 401(k), money purchase pension plan, profit sharing plan, and other ERISA plan account), estate accounts, UGMA/UTMA accounts, 529 college savings plan accounts, robo-advisory accounts under the Citi Wealth Builder Program, and insurance products (including annuities). For questions about eligibility, please speak to a Citi Personal Wealth Management representative.

Our Verdict

This looks to be a good brokerage bonus as the cash/securities only need to be in the account for roughly a month (e.g fund at the end of the second month and keep the funds in there for a month after that). Knowing Citi there might be a gotcha that I’m missing here.

According to the comments this works for self directed accounts, but the set up process is extremely slow due to it all being manual.

Hat tip to reader EW

Post history:

  • extended through 12/31/24
  • Extended to 9/30/2024
  • Update 4/2/24: Extended to 6/31
  • Update 1/16/24: Extended to 3/31
  • Update 10/2/23: Extended to 12/31/2023
  • Update 7/5/23: extended to 9/30/23
  • Update 5/17/23: extended 6/30
  • Update 11/1/22: Deal is back and valid until 12/31/22.
  • Update 7/5/22: Extended until 09/30/2022. Deal is better on the higher tiers. Hat tip to Mawney
  • Update 4/6/22: Extended until 06/30/2022
  • Update 1/2/22: Extended until 03/31/2022.
  • Update 1/4/2021: Deal is back and valid until 6/30/21. Hat tip to reader savingwizard
  • Update 10/11/20: Deal is back until 12/31/20.
    William Charles
  • On January 3, 2025, 15:00
Tags: brokerage bonusesCiti

View Comments (1177)

  • is that better to leave the brokeage account open with minimum balance or close the account.
    if I leave the account open with minimum balance, are there any fees?

  • Well, they certainly do wait until the last second to pay you. I signed up for this offer in January 2025. They had until August 1 to pay after I fulfilled the terms of the offer (funded in January) and they made the payment today on July 31.

    • I don't understand the timing here: you signed up in January, funded in January and they paid on July 31? There are like 6 months here. I signed on April, and the funding was on May 1. When will I receive the bonus?

      • Do check out the T&C - they are quite clear and even give dates. But yes, after you sign-up and do the initial deposit, you have 2 full months from the end of that initial month to fund, then 1 month holding period after that, and 3 more months to be credited So more than 6 months depending on when you kicked it off in the first month. ie if you initiated the process on Jan 1, then July 31 bonus due date => 7 months. If you did it on Jan 31, then 6 months.

        And as others noted, citi pays at the very last moment (I think the Friday of the last week of the month it is due was the vague pattern).

      • You'd have to look at the terms of your offer.

        If your terms follow mine, if you funded in May, you'd probably need to hold through end of July, and you'd get paid by the beginning of December. But, again, look at the specific terms of the offer you signed up for. I can't guarantee your terms are going to be the same as mine.

  • Fund transfer still needs to go through a personal advisor, instead of online self service. This is unnecessary and time consuming.

        • I could not find any such link. Are you sure your account is a CPWM account, and can you post the steps to initiate ACATS via the App?

          • Yes, it’s a CPWM account. I see two ways to do it.

            1) when accessing the account via app, it shows the account balance. Below that, holdings (if any). Below that is a box that says “Consider Consolidating Your Investments” with a button that says “Transfer My Investments to Citi.” Clicking that goes into the ACAT initiation interface.

            2) in the “Payments” tab of the app, it shows 6 options. For me the top left one is “Transfer My Investment” which goes into the same interface.

          • That's strange—I don't see any of those options or that interface on my end. You're referring to the Citi Mobile app that shows all your Citibank accounts, correct?
            FWIW, I have both a Citibank checking and savings account as well, and see all three accounts in the same app.

          • You can also do it from desktop under "Payments and Transfer", then "Transfer My Investments to Citi".

          • Yes, standard Citi app, on iPhone. I have checking, savings, credit card, and two brokerage accounts showing in it. I’ve always had that option available, for several years now. I don’t know why you wouldn’t have it; sorry!

  • I enrolled in the 2025 Q2 promo (funded in May, so funds need to be held through Aug). Interested in enrolling in the Q3 promo now. Should I use my existing CPWM account, or open a new one?

  • I participated in the 2025 Q1 and Q2 promotions and was considering opening a second account for the Q3 promo, but then I saw the post regarding the new term in the Q3 promotion.

    So it looks I shouldn't bother to open a second account for Q3, instead I should skip it, right?

    Can I still try the Q4 promo then?

  • Given the new language pointed out by Eric D 2090932 is the consensus that now it is only safe to churn this once every 12 months? And we can't transfer out any funds until 3 months after the bonus is paid out? I was literally just about to call to open a new account after receiving the bonus earlier this month when I read this just now.

    • is this retro active? I enrolled in May and my cutoff is 30 July. Is CPWM applying to all bonuses this quarter or just enrolled this quarter?

    • No one can be sure how it'll work since this is the first quarter with these terms. Maybe the agent enrolling you in the new promotion is responsible for looking over your account, or maybe their code will catch these accounts before paying out the bonus. I have leftover funds for Q3 so I'll probably risk it.

  • Is Citi wealth management account down? Cannot see it under Citi account website?

  • See the following in the Q3 term. It's not in the Q1 term. Is it in the Q2 promotion term?

    Note: We reserve the right to prohibit a client from future CPWM bonus offers when we decide the client has acted inconsistently with the intent of this offer, which is to establish or continue an ongoing investment relationship with Citi Personal Wealth Management (“CPWM”). We will periodically review your CPWM account activity to determine if gaming behavior is present (gaming behavior includes, but is not limited to, any client that receives a cash bonus and within 3 months of bonus payment, removes a substantial portion of the New-to-Citi funds; or participates in multiple bonus offers and removes their funds shortly after receiving the bonus payment). The client will be notified that they are ineligible for future CPWM bonus offers.

    • This really isn't surprising. I don't know why they didn't do it long ago. Not good for us churners, but logical for the bank. It should be easy for them to detect the behavior they describe, which is exactly what we've done in the past.

      This has been a very good year for us, for new bank account and investment bonuses, but I think I'll be retiring from the game soon.

    • Confirming Terp's comment - it isn't there in my copy of the Q2 terms. So they've only added it a few days ago for the Q3 one.

    • Yeah I just noticed the same language, too. Such activities should be easily spotted if they do this through a program.

      The annoying part is it takes a long time for Citi to pay out the bonus: for example initial funding in March means maintaining through end of June, and bonus is paid 4 months after that. Adding it together it is at least 7 months, plus the 3 month clause it is 10 months.

    • "The client will be notified that they are ineligible for future CPWM bonus offers."
      Does that mean we will still receive the bonus if we enroll a promotion before receiving that notice?

    • I got the bonus on Jun 27, 2025, which was for Q4 2024. does this term change mean that I should keep entire account for another 3 months here even though there was no such language when I signed up for the offer?

    • That's annoying. I guess you have to keep funds in there for >3 months after getting bonus to be able to churn?

      • Account review will most likely be done manually, so my guess is that it won't be a firm cutoff.

        • Fair enough. Still not a good development. I wonder if they’ll forgive me if I only churn once a year…

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