Posted by William Charles on November 17, 2016
Bank Account Bonuses

Published on November 17th, 2016 | by William Charles


Citibank $300 Checking Bonus with $15,000 Initial Deposit


Offer at a glance

  • Maximum bonus amount: $300
  • Availability: Nationwide (can be done online)
  • Direct deposit required: Yes, see what counts here
  • Additional requirements: Maintain $15,000 for 60-days
  • Hard/soft pull: Soft pull
  • Credit card funding: None
  • Monthly fees: $25, avoidable
  • Early account termination fee: None
  • Expiration date: December 31st, 2016 January 12th, 2017 March 31st, 2017 April 14th, 2017 June 30th, 2017 September 30th, 2017

The Offer

Direct link to offer

  • Receive a sign up bonus of $300 when you open a new The Citibank Account Package and complete the following requirements within 30 days of account opening:
    • Make a qualifying deposit of $15,000 or more in new-to-Citibank funds into the new checking account or a new or existing Citibank Savings Plus Account or Citi Savings Account, and maintain a minimum balance of $15,000 for sixty (60) consecutive calendar days following the date when you made the qualifying deposit.
    • Within thirty (30) days, 1 qualifying Direct Deposit1 must post to the new checking Account each month for 2 consecutive calendar months after opening the new checking account


Use the link from the landing page and it will pre-populate with the offer code; you need that offer code there to get the bonus. You can also apply in a Citi branch or over the phone at 1-866-422-1475 and use code CZVB (some people see CZRK)

citi $300

[If you apply online from a non-cookied browser, you’ll get an error message after entering your home state. Just click the back button and everything should be smooth sailing from there.]

The Fine Print

  • To qualify to earn a $300 cash bonus, you must enroll in this offer either online by clicking apply now, with a Personal banker in a Citibank branch or over the phone: open a new eligible consumer checking account in The Citibank Account Package between 11/9/16 – 12/31/16.
  • Within 45 days after account opening you must complete the following: (1) Complete 1 qualifying Direct Deposit to your checking account or make 1 or more qualifying purchase transactions with your Citibank Debit Card totaling $250 or more, ( 2) make a qualifying deposit of $15,000 or more in new-to-Citibank funds into the new checking account or a new or existing Citibank Savings Plus Account, and (3) maintain a minimum balance of $15,000 for 30 consecutive calendar days following the date when you made your qualifying deposit.
  • If you are eligible and fulfill the required activities then the cash bonus will be credited to your new checking account within 90 calendar days from the date when you completed all offer requirements.
  • A new consumer checking account in The Citibank Account Package is required. Customers must be 18 years or older to participate in this promotion.
  • Existing checking customers are not eligible.
  • Enrollment in this offer does not guarantee eligibility.
  • To qualify for this promotion, you must enroll in the promotion, meet the terms and conditions of this offer and perform the required qualifying activities contained in this offer.
  • To be eligible for this offer, you must not currently have a consumer checking account with Citibank or have been a signer on or owner of a Citibank consumer checking account within the last 180 days
  • Limit of one of each offer per customer and one offer per account.

Avoiding Fees

Monthly Fee

This bonus is available on the Citibank Account Package.

  • The Citibank Account Package needs $10,000 in combined average monthly balances to remain fee free. Otherwise, there is a $25 monthly fee.

Early Termination Fee

In the past, Citi has not charged any ETF, and none is mentioned for this offer.

Our Verdict

As mentioned at the top of this post, they have extended this offer so I don’t think we will see the $400 offer again soon. Also keep in mind this bonus is churnable, so you really want to do is as often as possible.

Citi just offered a similar bonus, but that was for $400 and didn’t require the debit card purchase. Keep in mind with Citi that getting your bonus from these promotions is generally not that straight forward and usually requires some calling in (I’d recommend reading through that previous bonus post to get an idea about what I’m talking about). We will still probably add this to our best bonus list as you can churn these bonuses (just can’t currently have an account or have had one in the last 180 days), but you really should have done the $400 offer. There is also a current $500 offer but the requirements are much harder to meet.

Useful posts regarding bank bonuses:

320 Responses to Citibank $300 Checking Bonus with $15,000 Initial Deposit

  1. sam says:

    Hey wasn’t this $400 last month?

  2. Phil says:

    The “Maximum bonus amount” at the top of the post needs updated to say $300.

  3. Cole says:

    hmmm.. if i called to close my citibank account on 10/18 and recieved the check on 10/24… taht to me says if i open the new account on the last day of the promotion… i am easily out of the 60 day window?

    • ikaveh says:

      The only problem is that you have to go back in time for that to happen!

      • Cole says:

        what do you mean. i did close my account, the 400 offer was offered as early as early June, and i closed it last month.. i just wanted to make sure i understood the 60 day window… this will be my first repeat bank.

  4. Brandon says:

    Anyone getting this message when trying to open?:

    “We cannot open your account online. Please call 1-800-374-9700 to open your account or visit a financial center.”

  5. Nicola says:

    My application last month for $400 went into pending status and then got rejected. They wouldn’t tell me why. I have 790 credit score, already have a Citi Double CB card, and no previous other history of Citi accounts. And I don’t churn other bank account bonuses either.

  6. Dan says:

    “You should have done the $400 offer”. Don’t remind me. I had it on my calendar to do but had so much going on that I forgot. $300 is better than most of the other bonuses out there right now though.

    • Mark says:

      You really should have done it though. Shame on you.

    • Master Allan says:

      ha ha ha @ Mark and Dan.
      I start my weekday mornings at work checking DoC. It’s sort of like going to class. Review what financial work needs to be done, read encouraged offers, jump at advantageous deals. A little time each day to study my own financial house while planning CC or bank strategies. For the wealth of info that’s helped me achieve a more satisfying life, Thank you Doc!

      • Thanks for the kind words! 🙂

      • Julia says:

        Master Allan, I do the same. Reading Doctor of Credit has become like a religious routine task for me. I dedicate between 30-60 mins reading DOC posts. Then I write down what credit card and bank accounts I need to apply for. Then I spend about 30 mins applying for all of them at once. After applying, I wait 90 days to get my bonuses. Then I rinse and repeat. It’s truly worth it!

    • Sorry, didn’t mean to be rude! I honestly thought they were going to extend it again

    • Moose Cow says:

      I only had ~$20k to play with, and 15k of that was stuck in the Chase savings $200 bonus(stupid, I know, but I didn’t want to pull out halfway through) so I missed the $400. I guess the $300 here + $200 from Chase is still better than just $400….

  7. Grady says:

    Word of caution/lesson learned when dealing with Citi or other terrible banks…After successfully opening an account, contact them and make sure they don’t need any more information to finish opening the account.

    I applied for the $400 offer early October, successfully opened (or so I thought), funded the account with $15k, received my debit card, accessed online banking, saw the $15k in the account, funded some more to make a cc payment, successfully paid my card leaving 15k in the account.

    Then I received a letter from Citi a week ago saying that they couldn’t open my account and tried to contact me (they didn’t). They closed my account on 11/9 without my permission.

    I called and they said they need my driver’s license to finish opening the account, but it was too late. They had already closed it.

    I did provided the information on the online application. I think having the account open for 30+ days, funding the account, and making transactions is reasonable to believe that my account was successfully opened.

    As I said, lesson learned, I will make sure the bank has everything they need in writing so this is less likely to happen again.

    • z-nut says:

      I second this. They had it hidden in a link of one of their confirmation emails stating they needed additional info (photocopy of a driver’s license). They killed the account with out a word and left me to figure everything out after the fact.

    • CGID says:

      Grady and Z-nuts posts are helpful to me. I opened my Citibank account a week ago, just three days before the deadline of the promotion ending, so I will be sure to follow up with them at the end of this week if my checks and other parts of the account package haven’t arrived in the mail.

  8. John says:

    Does anyone know if it is possible to receive both the $400 bonus & $300 bonus if it is planned accordingly in the 60 day time frame? I successful received the $400 bonus & my account at Citi Bank has been closed. Would I receive the $300 bonus if I attempted to repeat it?

  9. HI says:

    Would sending money through Venmo satisfy the debit card transaction requirement?

  10. bob says:

    so, i did the $400 bonus, deposited the cash on 9/27. Got the bonus on 12/09. do i need to leave my $10K in the account ’til 12/27, or am i good to go? the 90 days isnt’ a requirement it’s just the max amt of time you might need to wait, yes?

  11. Cole says:

    so when people churn these.. do people say they already have an website account at citi during the application process?

    my old citi online account works so i can see my old statements from my last account?

  12. Matt K. says:

    I had the Citigold checking/savings accounts early last year and even though I’ve closed those accounts Citi’s system still recognizes me as a Citigold customer. Like my Prestige AF just hit and it was $350 again. I think this happened on several others who had the Citigolds too. Any idea if by signing up for a new Citi checking account that might wash away the recognition of that Citigold in Citi’s system?

  13. Andrew says:

    Any way possible to get the $250 debit card purchase back as cash? $15,000 for 30 days than $10,000 for 90 days? Thank You!

  14. CGID says:

    Sorry I am only seeing this today (Jan 8). If I call tomorrow and open it, will I have met the Jan 12 deadline?

    In other words, do the accounts have to be funded with some small amount of cash prior by COB Jan 12? I am not sure a bank transfer will get the cash in the new accounts by then.

    I am thinking in part about Grady’s post on Nov 18 that begins:

    “Word of caution/lesson learned when dealing with Citi or other terrible banks…After successfully opening an account, contact them and make sure they don’t need any more information to finish opening the account….”

  15. CGID says:

    Incidentally, one reason I did not do the $400 offer last year is that I had also collected the $500 TYP bonus (and converted it to gift cards) for the Citigold Checking a few months before.

    It occurred to me that if I did not get any further bank account bonuses, then my total bonuses would be $600 and therefore that might trigger the 1099 — the resulting taxes on $950 would cause me to lose most of the $400.

    I suppose I will know a bit more in 5 weeks when I get all my 1099s. Hopefully I won’t get one for $550!

  16. Rohan says:

    I used $400 offer when I opened that account in July. Do I still need to keep it open as I received my bonus already and I haven’t closed it yet thinking I needed to keep it open for 6 months.

  17. Nick says:

    Great to hear this offer’s been extended. Just opened the regular checking.

    Do we have any data points of which bank ACH pushes suffice for the $250 DD requirement? Looking to push the $15k from Alliant or Ally, but wonder if Citi is more strict…

  18. TJ says:

    Just opened it today on last day. Got the $400 last year. $300 is good but $400 is better. 😛 I won’t be picky though.

  19. Dan says:

    So paying a bill with the debit card would count as a purchase correct?

  20. Rene says:

    Extended to 03/31/17

  21. CGID says:

    The language about the DD vs. the debit card requirement as follows:

    Complete 1 qualifying Direct Deposit to your new checking account or make 1 or more qualifying purchase transactions with your Citibank Debit Card totaling $250 or more

    Does the $250 minimum apply to both the Debit Card route and the DD route?

    In other words, if I opt to go with a DD of my paycheck, does the paycheck have to be at least $250?

    Normally my paycheck is for a lot more than $250…. but right now (next six weeks) I have it set up so that I am having a lot funneled into my Roth IRA. And so my next three paychecks should be about $100 each.

  22. Jab says:

    Went into pending on 300 bonus, previous account closed in 65 days or so. Not sure how it will work out

    • Gadget says:

      The day you called to close and the actual date the account was closed in their system can be two different dates. Hopefully you called before signing up again. Last year I closed mine, and two months later I got a bill for the account; the monthly fee was imposed while it had a $0 balance, creating another fee for being overdrawn. One call cleared it up, it was their mistake. However, if their system thinks your closing date is X and you think it’s Y, it might not pay out.

    • Jab says:

      Received a snail mail that they pulled Equifax report and I’m declined. No particular details.

      • andi says:

        I had the same happen to me back in December.

        Ended up visiting a Citi branch to get the account. They couldn’t explain themselves why it was declined as there was nothing on that Equifax report.

  23. Ritesh says:

    link doesnt take me to checking account offer but a savings account one

      • Ritesh says:

        thanks, worked this time.

        “$25 monthly service fee waived when you maintain a balance of $10,000 or more in your eligible deposits, retirement accounts,
        and investments1” is this over an above $15000 to be maintained for 30 days to get bonus?

        • rick says:

          No… you leave $15k in there for 30 days to meet the bonus requirement, then after 30 days pass, pull $5k out so you can put it somewhere that earns interest. This leaves you with $10k in the account which will waive the monthly fee until the bonus actually posts.

  24. Help! says:

    Can someone pls clarify for the current 300 offer – you have to either complete a DD or debit card purchase of $250. For debit card purchase route, the min amount is $250. What about direct deposit? If one were to pursue the DD route, is there a minimum amount for DD?

  25. Michael says:

    If I understand the offer correctly, it should note direct deposit required up top.

  26. Curmudgeon says:

    My offer states ending date now 4/14/17.

  27. cowdie says:

    would buying a money order for $250 with a debit card counts?

    • Gadget says:

      Probably, but I don’t buy money orders. But I would think if you are using your card (other than at an ATM), that means you are completing a purchase. They are probably hoping once you get a card in hand and start using it you will keep the account open.

  28. Gadget says:

    Now says “Open account by 3/31/2017”, not 4/14/2017. Guessing they can’t decide. If they want to switch it up, make it $400 again please!

  29. bluecat says:

    Heads up that the $300 never posted for me. After 2 months and 3 emails/calls/chats, they finally sent me a letter.

    They had to “investigate” it.

    What a pain. Hope no one else has to do battle with them.

  30. BF says:

    “Complete 1 qualifying Direct Deposit to your new checking account or make 1 or more qualifying purchase transactions with your Citibank Debit Card totaling $250 or more”

    Does other bank ACH count as “qualifying DD”?

  31. Njohns says:

    What qualifies as a “qualifying deposit of $15000”? Check, Cash or what? thanks

  32. Chris M says:

    Link to 4/16/17 offer:
    [link removed, it was to a Chase offer and clearly an affiliate link]

  33. Ritesh says:

    they sent a letter after 8 days rejecting my application? any others who got rejected? does walking into branch change decision?

  34. Yet Another Redditor says:

    This offer ends 3/31/2017. The other $500 offer ends 4/14/2017

  35. Gadget says:

    I concur with the reader who said you do have to call when you get your checks. The final page on the application that shows your account number says:

    “When your checkbook arrives, please call us immediately—this is for your protection. The number to call is on the letter included with your checks. If you don’t call, any checks you write that are presented for payment will be returned unpaid.”

    No option not to get checks with the account. I don’t recall doing this last go around…

  36. Ryan R says:

    Anyone having trouble applying for this account online right now? On the initial page, it does not populate the offer code (and I do not have the ability to type it in). Then when I continue to the application page and select my state under Address, I get a dialog box saying “please wait…” which never goes away.

  37. JT says:

    Anyone have a landing page with the April expiration date?

  38. Ryan R says:

    2/17/2017 – Applied on the phone. CSR I spoke with said I would receive a packet in the mail with a signature card in 5-7 business days, which I would need to sign and return back. Once they receive the signature card, they will withdraw $15k from my Ally account via an automatic check for the opening deposit.

    2/21/2017 – Received an email (rather than physical mail) containing the signature card for me to sign and return either by fax or by mail. I just faxed it, so will see if I receive any communication about my account opening in the next few days.

    • Ryan R says:


      In a follow up to my post above, I decided to call to see if they received the fax of my signature card. The CSR said they would not be able to see that in their system for 24 hours, which I understood. But I asked if they needed anything else for my application, and they said I needed to fax a photo copy of my driver’s license (was not mentioned when I originally applied over the phone even though I asked if it was needed, and was not mentioned in the email I received today about the signature card!). The CSR said the notification had just shown up in their system today that the needed a copy of my driver’s license. I expect this is probably the case for all applications. Who knows if they would have ever told me!

      I also double checked to make sure that once the account is set up they will issue an automatic check to my Ally account for the $15k. She said they would, but then said there was some error as she tried to back out of my profile, so my bank routing and account number got kicked out of their system. She had to take down my routing and account number again, so good thing I asked before the end of the call.

      • Jim says:

        Sounds like you may be one of the unlucky ones. A number of folks have needed to provided ID and such documents.

        I fortunately didn’t have any issues with the three Citi accounts we’ve had/currently have. I wonder if it’s the large funding up front. In my experience, our three accounts were all funded with nominal opening deposits of <$100

  39. lingua says:

    Anybody know when they count 45 days from? From date of application or maybe the welcome your account is now open email?

  40. Schmekel says:

    “Expiration date: December 31st, 2016 January 12th, 2017 March 31st, 2017 April 14th, 2017.”

    It seems they’ve moved the deadline back to 3/31:

    “To qualify for a $300 cash bonus, open a new eligible consumer checking account in The Citibank Account Package by 3/31/2017.”
    is what the landing page is currently showing.

  41. Joe says:

    The offer I can see online is $300, DD $250 or Debit card purchase $250 in 45 days, 15000 new money for 30 days.
    Should I jump for this offer?
    Or I should wait for a better one.

    By the ways, I got a CitiBank checking account bonus about 2010.
    Some guys says CitiBank bonus is churnable, some guys says no.
    May I ask how many percent people churn Citibank checking account successful?

    Thank you very much!

  42. Dan says:

    When do they count the 60 days from? I closed an account 1/22 in branch. Still got my statement ending 2/1… Do they count from the statement end date?

  43. Shaun says:

    The “qualifying deposit of $15,000 or more” — must that be 15k or more in a *single deposit*? Or does it work if I make smaller deposits totaling up to 15k within the 45 days?

    • Pete says:

      Just cumulatively.

      I broke it up into a few deposits for the $400 offer last year and qualified without issue

  44. Joe says:

    i really need to save up 15 grand so i can do more of these bonuses

  45. Sean says:

    Anybody get their 300.00 yet? If you did, when did you finish the requirements?

  46. Mark says:

    Citi is very notorious when it comes to paying bonus. They just drag their feet as long as they could.

  47. Ken says:

    This is basically a net $245 bonus after you figure your $15k must sit for 30 days and then $10k for 60 more days (plus a buffer to receive bonus) due to missing out on the 1% interest from other accounts. $245 is still a good bonus despite losing interest. The $400 deal was obviously better, but who knows if that will be back.

  48. Vojd says:

    Indeed, I do not see nowhere in T&C about timing of $300 bonus. It is quite odd. What is the normal experience with them? I really do not feel that I can lock 10K for undetermined amount of time at 0.01% APY and dragging the story for 7 months. Do they always play ID game later on? Thanks for sharing

  49. JON says:

    Citibank is mess up, I signed up via this link offer page on 02/11/17 and did everything. Now I call in and they said yes you did sign up for the bonus, but your offer code that you used was an expired code. I said what the hell you are talking about? The offer is still is still current until 03/31/17. Luckily I screen shot the offer code during the sign up process. Now I went back and screen shot the whole offer page in JPEG format and PDF format and planning to fax it into their new account department. I already read hundred of comments from the previous $400 citi offer, so I am fully aware that Citibank loves to play game. So for all those out there doing this offer, Make sure you screen shot every thing, and save yourself multiple copies of the offer just in case you need to dispute this crap.

  50. Ralph says:

    Considering trying for this bonus and it will be my third bonus with Citibank in less than two years if approved (the $100 and $400 bonuses). Has anyone else gone for this as your third bonus and received it without a problem?

    If you did have a problem, when did you find out, during the application process or not until when the bonus was due to be paid?

  51. lingua says:

    ugh, overlooked “qualifying” debit purchases which says bill pays do not count. Would I have a case for saying that a student loan payment processed as “debit payment” (via the debit card) is not a bill pay?

    • Ken says:

      Bill pay and debit purchases are two completely different things. Did you use your debit card to spend $250+?

      • lingua says:

        well…yes! okay that makes sense. Had tunnel vision reading into the fine print. Thanks! Had me worried as this is a big bonus for both spouse and I.

  52. Nab says:

    @Will – FYI: I went through the landing page, and the code that is populating is CZVB, not CZRJ.

  53. Fred says:

    Just signed up for another bonus, will be my third in less than two years.

    Much easier signup process this time over the previous two signups, got the account number and pin immediately in order to create my online account.

    • Chuck says:

      Are the bonuses hitting automatically? I’ve been avoiding Citi since there were lots of reports of lag and manual input required.

      • Fred says:

        With the other two bonuses, I sent them a message once I met the requirement ($15,000 for 30 days) to confirm with them that I in fact have met the requirement for the bonus.

        The 1st bonus they said they couldn’t find that the bonus attached to my application so I sent them a copy showing it and they confirmed in two days. The 2nd bonus was confirmed in about four days.

        Once I got the confirmation, the bonuses posted exactly 90 days from the point I met the requirement so I plan on doing the same thing with the 3rd bonus and hope for the best. Whether they would have posted without my messaging them for confirmation, I can’t say.

        One of my concerns with this new bonus is that the two previous bonuses had a 10 digit offer code that was attached to the bonuses (along with the 4 digit code) while this new one only has the 4 digit code. Hopefully that doesn’t confuse things should I have to send them copies (I do keep screen shots of everything).

        • Ralph says:

          Just contacted Citibank to confirm that I have met the requirements and can expect to see the bonus within 90 days and they said they don’t see any promotional code attached to my account.

          As Fred said above and what concerned him, they requested the 10 digit promotional code be sent them but of course there isn’t one on this bonus.

          I have copies of the screen shots but Citibank doesn’t have a way to attach them to my messages to them. Sent them the Offer Code instead so will see what that produces.

          • Fred says:

            Happened to me also and after I replied they changed it and said I didn’t meet the requirements in time (they had this $300 bonus mixed up with the latest $300 bonus that has different requirements)

            I wrote a new message spelling out my timeline with this bonus and got a different agent who agreed that I’ve met the requirements for the bonus. Can expect to see the bonus in 90 days.

            Sometimes these bonuses require persistence…

          • Ralph says:

            Finally got confirmation that I’ve met the requirements for this bonus and should see it by July 30. They also sent me the 10 digit promotional code on this bonus.

      • Gadget says:

        Last summer my bonus posted exactly 90 days from OPENING (even though terms said to expect payment NLT 90 days from meeting reqs) Opened 6/13, met reqs 7/22, bonus paid on 9/13, closed 9/16. I ASSume they automatically check after 90 days to see if you qualify and pay it. I am not even close to getting my bonus for this round yet.

  54. Matt K says:

    Does the $15k for 30 days need to be completed by day 45 of opening or is it simply the qualifying deposit within 45 days and then 30 days from there? I would assume the ladder but wanting to make sure with Citi. It didn’t work the day I opened for some reason so now I’m racing to get it deposited.

  55. Jacob says:

    Too bad I don’t have $15,000 for this bonus 🙁

  56. jimit shah says:

    I opened account around Fed 15, 2017. Took care of the $15K deposit and did a payroll ACH twice and still havent received my Bonus? should i call the # on back on debit card or what should i do?

    • Yes, call and escalate. Still no issue then file a CFPB complaint.

    • Ralph says:

      They have up to 90 days to pay the bonus after you meet the qualifications. Since you opened the account around Feb 15, the earliest you could have met the qualifications was around Mar 17 so they have at least until June 15 to pay the bonus (90 days from Mar 17).

      In my experience with the previous two bonuses I received from them, they paid the bonus exactly 90 days from when I met the qualifications so hang in there, you’ve got time before deciding to make an inquiry about the bonus.

      That being said, it wouldn’t hurt for you to contact Citibank via online messaging just to confirm that you’ve met the qualifications and can expect to see the bonus within 90 days. That way you’ll get confirmation that they know you’ve completed the requirements should your bonus become delayed after the 90 days- at least that’s what I did and have not had any problem getting the bonuses.

  57. Julia says:

    Does anyone know if I deposit 10K and then 5K the next day, will it qualify as a 15K deposit, even though it will be split into two transactions? Or do I need to make a one-time 15K deposit all at once?

    • Gadget says:

      Terms do not state all at once. Once the 15K balance posts, start the counter on the 30 days and do not fall below 15K.

  58. HI says:

    Interesting turn out for my account opening/closure. Opened checking account in December and completely forgot to set up DD / debit card spending in the first 90 days. Ended up moving the $15K and closed the account after realizing my mistake. Lo and behold, received a check for $300.36 (bonus + accumulated interest)!

    • Gadget says:

      Nice DP. Very possible they never implemented the mechanics to verify anything other than the balance. That was a new change to this promotion, so it’s possible the terms & conditions legal beagle team did not get with the IT/accountants to put the rules into practice.

  59. Ven says:

    I just applied today, in the last page I entered funding amount the clicked next expecting Citi will ask for found source routing and account numbers. Instead they are showing “Account opening is in process” will conatct in next 5 business days. they have not said it is approved!.

    Is this common across board? Do I need to fund after account is active?

    • Gadget says:

      Not normal. I would assume there is an issue they want to clarify. Might be a knowledge based question you got wrong, address change, salary?

    • Nicky says:

      Hey, how did this turn out for you? Did it take that long? I just applied and mine said the same thing.

  60. borntobehermit says:

    The whole process is taking forever and I am getting late to complete the requirements.
    Does anybody know if I buy a VGC or MO with the Citi Debit Card, would it be considered a qualifying purchase?

    • Thomas says:

      In the past, purchasing a MO has triggered the AA miles bonus for Citi checking accounts. From a grocery store or mass merchandiser, it will always code as a purchase.

  61. Gadget says:

    I would assume so, but you probably won’t find anyone to confirm for sure. This offer doesn’t have wide appeal and they take awhile to actually pay out. I haven’t met the entire 30 day rule yet, and will have to wait another two months after that to get the payout.

    For the debit(s), using my Chime online account, I sent $200 + $50 plus some change to my Chime Pre-Paid using the Citi debit card. Both appeared on the Citi statement as: “Debit Card Purchase 02/27 05:00p #48xxCHM*CHIME TRANSFER 844-2446363 SD 170xx”. However, I also did a bunch of ACH’s to tickle the DD req, just to make sure there would not be a snag. I rarely rely on just one thing to set the “DP” – rather be safe than sorry, even if it is more “work”.

    Per ONE DP above, anything other than the actual account balance does not matter, and they will mail you a check as long as you met the 30 days of 15K, meaning you don’t have to leave 10K to keep the account fee free for the bonus to post. Either all of my transactions were a waste of time, or we are being trolled. YMMV, but I wouldn’t risk it by closing the account. Too bad, because it would be nice to have the money back sooner than later though.

  62. Kate says:

    Question about this: “Complete 1 qualifying Direct Deposit to your new checking account or make 1 or more qualifying purchase transactions with your Citibank Debit Card totaling $250 or more.”

    Does this mean that the direct deposit must be $250 or more as well, or does the $250 refer only to the debit transactions?

  63. Veronica says:

    Anyone have any ideas on ways to do the $250 debit?? Other than buying something for $250. 😂

    I don’t have any way to trigger the DD with this one.

  64. Kate says:

    Is it mandatory to sign and return the signature card for this one?

  65. pete says:

    funded on 1/24 and bonus hit 4/4/17. Guess I can close now.

  66. TJ says:

    Got my $400 last year and just got my $300 this year.
    1/18/17: 15k deposit
    1/27/17: 250 direct deposit (work payroll)
    2/24/17: Wrote 5k check out of account
    4/4/7: $300 bonus posted

  67. Ken says:

    Applied and for account funding I tried my Chase checking account. Got an error that they couldn’t link the accounts which is weird. Hit next and said my application is pending. So who knows.

    • Ken says:

      Applied for my wife and she was instantly approved and account already opened. Also got the initial funding link errors.

  68. Pete says:

    DP, just got the $300 bonus yesterday.

    Opened my account in early January. ACH’d over the $15k in mid January. Did two $250 pushes from Alliant and Fidelity accounts to qualify.

    Glad Citi honored the offer without one phone call, as some folks have had some trouble with it…

  69. Gene says:

    I just looked at the Citi homepages and looks’s like there’s a $500 bonus tied to opening up a Citi Priority Account Package, that requires depositing at least $50,000 and maintaining at least a $50,000 balance for a period of 60 days.

    Any thoughts on this one?

  70. Jimmy Deals says:

    DP: Opened account 1st week of January, 2017 (3 months after closing last account for $400 bonus).

    Funded $15k 2nd week of January. 3rd week of January I used my debit card to purchase MO for $251.20 total PIN enabled transaction.

    Mid February I brought my account balance down to $10k by ACH ~$5k back to my primary operating account.

    $300 Sign Up Bonus appeared in my account on 4/4/17.

    Thanks for the great work Doc.

  71. rab says:

    while applying do you select a regular account or interest bearing account?

      • Ken says:

        I always do regular since interest accounts usually have more/higher requirements. Plus Citi will only pay something like 0.01% so it’s pointless.

    • Ralph says:

      When given the option I always choose regular. Just makes it easier when it’s time to close the account unless you time it perfectly to avoid going into the next statement period. They then end up sending me a check for a couple cents (even had one bank send me a 1 cent check), just don’t want to deal with that.

  72. Jake says:

    A bit confused. In the post you say:

    “Citi just offered a similar bonus, but that was for $400 and didn’t require the debit card purchase”

    But it seems like you can get around the $250 debit card purchase by making a direct deposit:

    “Complete 1 qualifying Direct Deposit to your checking account OR make 1 or more qualifying purchase transactions with your Citibank Debit Card totaling $250 or more”

  73. Julia says:

    I have a question. How does Citibank benefit from us giving them $15,000 for 90 days? Does it trade this money on the stock exchange and make a lot more in profit than the $300 bonus that they pay us?

    • Ken says:

      They’re probably hoping that we leave our cash in there so they can lend it out at higher rates. There aren’t a ton of people that do what we do floating around, and we are definitely the minority.

  74. Nicky says:

    Anyone get “Account opening is in process”? Or did everyone get their account numbers right away? Has me a little worried as it says 5 to 7 business days and the deadline is approaching.

    • Ken says:

      I did last week. They emailed me a signature card yesterday that I faxed in yesterday and now I’m waiting. The email made it sound like my account was opened provided I sent in the signature card. I’ll update when I hear from them.

      • Nicky says:

        Thanks for the reply Ken. I looked at your previous comments and that was exactly what happened to me; I tried my Barclays savings funding and it gave me an error linking it too, really strange.

        • Ken says:

          Barclays Savings is working for me now. Trial deposits took forever to show up but the $15k took 1-2 days which is pretty fast for Barclays.

          I’m actually moving everything to Alliant once they send my materials since Barclays only allows 3 external accounts and it’s fairly clunky to use. I’ll also have a checking account with Alliant which is one of the top few banks for a hub account. And Alliant pays a slightly better rate at 1.05% vs Barclay’s 1%, and the checking also pays something like 0.65% which is pretty good for a checking account. Though I don’t expect to keep much in there.

          • Nicky says:

            Nice, good to know.

            And yeah I agree, I don’t like having remove the external accounts to add new ones because of the limit, and the funds pulled to Barclays has a 5 business day hold, kind of annoying. Meanwhile Alliant is lightning fast and no limits for external accounts as far as I can tell.

    • Jake N says:

      I had the same issue for both myself and girlfriend opening accounts this afternoon. I also had issue with initial funding from her Discover Savings, though my Ally Savings appeared to work fine.

      • Nicky says:

        Update to my pending app, I called in today and they said it’s already been approved and my Welcome letter and Debit Card are on the way.

      • Jake N says:

        Called in today and they told me the application had been closed, and I could expect a letter explaining why. But, in the meantime I could go to a branch to open an account. Very strange. She didn’t know whether they would be able to honor the old promotion.

  75. TanT says:

    The deal has been extended again until 6/30/17. The code showing is CZCX for me though.

  76. Brandon K says:

    Offer has been extended but now requires 2 DD’s.

    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 Citibank Savings Plus Account or Citi Savings Account, and maintain a minimum balance of $15,000 for sixty (60) consecutive calendar days following the date when you made the qualifying deposit.

    Within thirty (30) days, 1 qualifying Direct Deposit must post to the new checking Account each month for 2 consecutive calendar months after opening the new checking account.

  77. Dave says:

    The link now shoes that the offer is extended to 6/30/17 BUT it now requires DD for 2 consecutive months. So, that takes a lot of the shine off of this offer for me.

  78. Nate says:

    Looks like the terms have changed. Gotta keep 15k for 2 months now and 1 direct deposit each month for 2 months.

    • Ken says:

      Only for new accounts. The old terms apply to old accounts. But it is more of a pain for new accounts.

      I applied 2+ weeks ago and I’m still waiting for them to open the account after I faxed them my signature card. They’re really taking their time. So I’ll message them the terms of the offer once the account is open.

      • Ken says:

        Received letter with my account number so I’m assuming it was approved. No instructions from where to go form here. Tried logging on with the online access I created during the application and the login has no accounts linked to it and I can’t figure out how to link a bank account.

  79. Ken says:

    I applied for the account before the terms changed, but they dragged their feet and opened the account right around the time the terms changed. I opened a case so they can tell me which promo code is attached to my account so I know which terms I have to abide by.

  80. Chao says:

    Does the paypal still work as “DD” for Citi?

    Thanks for anyone knowing it.

  81. Rab says:

    How long does it take to get the application approved?

    • Ken says:

      For my wife she was instantly approved and got her account number and login details immediately. After about a week for me they requested a fax for a signature card and then after about another week I received the welcome letter in the mail. Then a week after that I received my debit card so I could create the online access. You only have 45 days to get the $15k into the account so the quicker you can do each step the better.

      • Rab says:

        I just called and my application has been denied & i am waiting for the rejection letter. I dont have a Citibank branch near me, any suggestion what i can do?

        • Ken says:

          Wait till you receive the letter and go from there. Need to know why you were denied.

          • Rab says:

            I received the letter today and it states nothing. It only says based on the information we received from equifax we cannot open your account. Any suggestion what i can do? Dont have a branch in georgia

  82. Veronica says:

    anyone know if venmo counts as a “qualifying purchase” ?

  83. Tyler says:

    Any idea if this stacks up with targeted savings promotion from here

  84. Florian Harr says:

    I tried to sign up about a dozen times now, I always get an error message that the content isn’t there after trying to create my user login. I tried calling them and getting someone to setup my account with the bonus to no avail …

  85. marty says:

    how strict are they on the 45 day rule? I am at about 47 days since my account opened, haven’t completed the purchase yet (stupid), what are the chances of me getting the bonus with a couple of days grace period if I go make the purchase tonight?

  86. ROHAN PANDIT says:

    What are qualifying transactions for $250 debit? Can i buy gift cards?

  87. Rab says:

    I received the rejection letter today and it states nothing. It only says based on the information we received from equifax we cannot open your account. Any suggestion what i can do? Dont have a branch in georgia. Can you share the number where i can call for reconsideration?

    • Ken says:

      Pull your EQ report and see if there’s anything out of place on the report.

      • Rab says:

        Pulled the report and dont see anything wrong on it. I see 17 soft inquiries out of which 6 are citibank promotional inquiries and only 3 account review inquiries. Also, i have 14 hard inquiries but most of them are from last year when i was shopping for an auto loan. Nothing is wrong in my report.

        • Ken says:

          That’s odd. I’d say try calling them, maybe there’s something they can see that they’re not telling you already.

  88. Kazu says:

    The terms for the bonus have changed. Now need two consecutive months of direct deposit:

    Here’s how it works:

    To qualify for a $300 cash bonus, open a new eligible consumer checking account in The Citibank Account Package by 6/30/2017.
    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 Citibank Savings Plus Account or Citi Savings Account, and maintain a minimum balance of $15,000 for sixty (60) consecutive calendar days following the date when you made the qualifying deposit.
    Within thirty (30) days, 1 qualifying Direct Deposit1 must post to the new checking Account each month for 2 consecutive calendar months after opening the new checking account.

  89. zalmy says:

    I deposited 10k and 5k respectively, and used an ACH push from my Chase personal checking for the DD. I haven’t received my bonus yet, but the rep I chatted with claims I’ve fulfilled all my requirements. I’ll let you know if and when it posts.

  90. Frito Pendejo says:

    The “offer” section says 30 days to meet reqs, but the “fine print” says 45 days. It took so long to set up I won’t make the 30 day deadline. Think I’m gonna just cancel it.

  91. nnapper says:

    citi requires DD now

    Within thirty (30) days, 1 qualifying Direct Deposit1 must post to the new checking Account each month for 2 consecutive calendar months after opening the new checking account.

  92. Pam says:

    I am new to following this site and others like it but decided to give this a try along with the CitBank and Pinnacle which worked fine. Citibank with whom I have credit cards sent me a denial letter saying they couldn’t verify information (?) and to apply in a branch of which there is none nearby me. Suggestions?

  93. LagerBack says:

    Am I still eligible for the bonus if product change after already having met requirements?

    I’ve met all requirements (hold $15k for 30 days and debit card charges) and chat CSR confirmed this, but bonus does not post until 90 days after having met the requirements. Since I am only waiting now, will I still be eligible for the bonus to post if I were to downgrade the account to a basic checkings and withdraw my funds only holding $1500 to avoid the monthly fees of the basic checkings account?

    • Johnz says:

      Technically not. The offer’s terms say “The new checking account in The Citibank Account Package must be open and in good standing at the time the cash bonus is credited to the Account. If the qualifying deposit is made into a Citibank Savings Plus Account or Citi Savings Account, these accounts must also be in good standing at the time the cash bonus is credited to the new checking account.”

      So, if you downgrade from Account Package to Basic Package before bonus posts the bank would be perfectly in their rights not to give you the bonus.

  94. Dan says:

    It appears the terms changed around the beginning of May. I was approved in late April when the terms didn’t require 2 consecutive DDs. Does anyone know if I’m grandfathered in?

    • Dan says:

      Nevermind – now that I look through the comments I see the terms changed mid-April. 🙁 Guess I should read the comments next time.

  95. Ken says:

    Send them a message asking what the terms are of your promotion attached to your account. That’s what I had to do. Mine was opened 4/12/17 and I’m under the earlier terms according to their research.

  96. Dan says:

    Does anyone have any current information on what counts as a DD (outside of payroll)? I have Paypal, Fidelity, and Morgan Stanley external transfers set up…I could do pushes from all three and cover my bases but I’m curious on what’s working and what doesn’t.

  97. Debra says:

    I’m finding it hard to meet the requirements due to Citibank slowness and inaccurate info. Opened acct May 4th, didn’t receive the card in mail until May 15th. You can’t register online until you have the card. Linked to my other acct took a couple days. Try to set up DD but they don’t provide routing number when you open account…so you have to call – they gave me routing# over the phone, so I try to set up DD, but then when check order arrives in the mail, it is a diff routing number than person on phone gave me. Now I just click to fund the 15k, and it says it will be 3 business days – so now I could get dinged for the $25 charge for not having average of 10K. It that happens, I would go below 15K, and lose the bonus. I will try DD again with other routing and hopefully get $25 more in there before the fee hits.

    • Ken says:

      All banks I have ever dealt with waive the minimum balance requirements for at least the first month. I think with Citi you also have 45 days to get the $15k into the account.

  98. Brian W says:

    For people who are moving your $15K OUT of the account after receiving the $300 bonus:

    How are you getting your money out without having to pay a $25 fee for one month with a balance of less than $10K?

    You see, Citi won’t let me take out more than $10K in any 30 day period, and they charge $25 if the balance falls below $10,000.

    I asked them whether I could pull additional funds from another checking account (instead of pushing from the Citi account), but they said that pulling from an external account would count towards the $10K 30-day limit.

    So right now I have about $5500 in the account and it seems that I can’t avoid a $25 fee.

    I did ask them to just close the account and mail me a check, but they said I had to empty the account first.

    • Ken says:

      This works for all banks. Wait for your statement to post after you receive the bonus. Wait till you’ve had the account open long enough to avoid any early termination fee. Pull all funds out via your external bank. Wait for funds to post to external bank. Send secure message or chat to close your account. They will close your account and you will be done with them. I’ve closed all my accounts like this and there have been many.

    • TJ says:

      It also comes with free checks. So the last two times I’ve done this bonus I just write myself a check for the remaining balance, deposit it into other bank, then close it. Very quick, in fact quicker than doing external bank pull. Going for my third round soon after my 60 days is up from last bonus.

  99. lingua says:

    For me:
    -Fulfilled requirements on 3/10
    -Bonus posted early on 5/9 as “Interest AdjQ1 2017 Consumer Digital Checking”
    -Began transferring out remaining 10k, sent secure message to close when zeroed out and they responded to message back when I am zeroed out for them to close. pulling 10k from chase since citi has like a 2k daily limit.

    For spouse:
    -Fulfilled reqs on 2/24
    -no bonus posting and close enough to 90 days to inquire via chat
    -first chat said first thing that I needed to send in was some tax form, w9 i think. I didn’t like the direction of that so closed that chat right away and opened a new one 🙂
    -New CSR asked for code (CZRK) and after a few minutes confirmed I met all reqs and will be paid out after 90 days of meeting reqs, should be this week. I assume she probably initiated the payout.

    Nice to have funds back to put to high yields:)

  100. Veronica says:

    Accidentally used my Citi debit card to make a purchase, dropped below 10k, and immediately deposited some money to get it back to 10k. What are the chances of being charged the $25 monthly fee? Has this happened to anyone?

    • Chuck says:

      Some banks run an average, others base it off the date fee is supposed to hit, others need it the entire month. Have to check the fine print to see how Citi works.

  101. LT says:

    For Citi Bonus – Anyone successful at using transfers from Discover Bank for the Direct Deposit requirement?

  102. Aris says:

    can you fund citi checking account with a credit card? thx

  103. Kate says:

    Does anyone have a screenshot of the landing page/offer details from when the offer was this (below) and leaving 15k for 30 days?:

    “Complete 1 qualifying Direct Deposit to your checking account OR make 1 or more qualifying purchase transactions with your Citibank Debit Card totaling $250 or more.”

    Tried to check on the status of my bonus but citi reps don’t seem very knowledgeable…so it would be great if I could send them a screenshot of the bonus page I signed up on.

  104. Johnz says:

    OK, I sent it

  105. J. Grant says:

    This was a welcome email into my inbox today:

    Dear J. Grant,

    Congratulations! You have completed all required activities for the Citibank $300 Checking Offer. We will deposit $300 to your checking account within thirty (30) days.¹

    • Johnz says:

      Citi sent me a bizarre email about the $300 bonus yesterday:

      Dear Johnz,
      Thank you for choosing Citi for your banking needs, and for your enrollment in the Citibank $300 Checking Offer (“Offer”). Unfortunately, we have determined you have not fulfilled the Offer’s required activities for the following reason:
      • You have not provided your required tax documentation
      Unbelievable! Citi paid me that $300 bonus a month ago! Now their computers are smoking weed!

      • Ryan says:

        I just got this same email saying I’ve been denied the bonus because I did not provide my required tax documentation. In my notes I have that I faxed the W-9 on 2/28. I’ll have to try to find the documentation at home.

        Stupid crooks. Guess I’ll have to fight it out over the phone.

    • Harry says:

      Got the same e-mail on 6/12 and got the bonus today!

      • Ralph says:

        Got my bonus today also.

        Account opened on 3/20
        Ally transfer of $15,000 deposited on 3/31
        Pension direct deposit on 5/1
        Citibank confirmed that I qualified for bonus on 5/5
        Citibank sent e-mail confirming bonus will be received in 30 days on 6/12
        Bonus received on 6/14.

        Not bad for a Citibank bonus, less than 90 days from account opening.

    • Vince says:

      Did you ACH for the DD and if so what source or did you do a legit DD?

  106. Sergey says:

    What is the minimum amount of direct deposit to satisfy the requirements for the bonus?

    • J. Grant says:

      I don’t know if there is a min. If you click on the direct link, make note of the code that auto-populates and call CITI and ask them. They’ll give you the details specific to the offer code. I say this because a few different offer codes have popped up, and they change, meaning that terms of the deal change. Good luck!

  107. J. Grant says:

    How did people get their money out of the account? I see there’s a daily limit of $1000 per day (next day) if done online, and the money is transferred to an external account. Also 10K limit per rolling 30 days.

    Did people just call in and close the account and have a check mailed to them?

    • Jim says:

      I wonder if those limits are using Citi to initiate the transaction?

      I just pulled the $15k out at once via Ally, no problems for both Citi checking accounts I’ve had.

      • Eric says:

        Does Ally have any limit for transfer pulls? $15K is much higher than most of the banks I deal with.

          • Eric says:

            I’d hate to waste a Chex inquiry just for that ability though. Do they ever offer a signup bonus?

          • Ken says:

            I thought you had an Ally account. Any problem doing two $7,500 pulls?

          • Eric says:

            I don’t even have a Citibank account currently. I only asked about Ally because Jim mentioned it.

            The accounts I use currently limit my pulls to $5K per day. This kind of situation rarely comes up so it’s not a big deal.

            I’ll probably wait to open an Ally account if/when they have a signup bonus.

          • Ken says:

            I guess just do three $5k pulls over a few days. Make sure to do it just after your statement posts so you don’t incur any monthly fees.

            Alliant is also another good choice, and they have higher rates than Ally. Wife and I opened an Alliant account a few months ago and it has been great. 1-day fast ACH transfers, unlimited number of linked external accounts (I have 21 right now) and they are great to deal with.

            Neither Ally nor Alliant seem to ever offer signup bonuses, but at least they’re not hard pulls like Schwab is (my old hub account).

          • Eric says:

            I think you misunderstood my comment. I said that I don’t have a Citibank account meaning that I didn’t take part in this offer so there’s no $15K to pull.

            I see from your link that Alliant also has very high pull limits. I’ll certainly consider opening 1 of them in the future. Maybe I’ll wait until M&T bans all of us.

          • Ken says:

            Just something to keep in mind when you do the Citi deal.

            Alliant does have lower limits for the first 30 days, but then they open the taps.

    • Ralph says:

      Like Jim said, pull the money out from another bank and you’ll have no problems (as long as that bank doesn’t limit how much you can pull at a time). I use Ally also and have pulled $10,000 from Citibank and have had no issues.

  108. nixi says:

    As of today, June 16, 2017, there is a 500,00 bonus with a 50,000 deposit, with 2 consecutive months of Direct deposits. Balance must be maintained for 60 days.

  109. Juston says:

    Looking for the same answers asked by people above. Any new DP’s on what counts as DD? All of the DP’s from DoC are waaaaaaaay old. I’m working with Paypal, HSBC, Capital One 360, Discover Checking, or Chase ACH. I lost my genuine DD source several months ago.

    • Jim says:

      Without firm DPs, I’d just try a shot-gun approach.

      I had an account from January-April, and did several ACH pushes with Ally, Santander, and Barclays to meet the requirement. Not sure which one(s) triggered things, but bonus posted automatically

    • vince says:

      Some people have claimed Chase ACH but I’d like some direction on this as well…

  110. bob says:

    i see this offer is still valid – currently says it expires june 30, 2017. i did the $400 last year, but it’s been closed for a few months now. i can’t believe Citi keeps paying us to do this…

  111. Joey says:

    Ok creative income generating geeks I’d love to hear your recommendations. I have $100k of personal funds to work with. I have an active LLC priduct business generating $2-3k a month. I will launch a site this year. I have a biz and separate personal savings/checking account doing nothing for me at one regional bank.

    Will be generating $4 – $6k in AirbNb monthly income in approx 6 mos when property is completed.
    Credit score is 740
    No debt. I have 3 CC opened to build credit. Paid off and doing nothing.
    I am in the process of building a new house so I average 20-30 credit card transactions a month. I also pay for 2 fulltime 1099 contractors.
    My visa debit card has no pin code as a safety measure. I only use as credit.

    What accounts/cards do I start with?
    Suggestions/strategies much appreciated!

    This site and newsletter are my new bible!

  112. Ken says:

    Wife and I both received the “You Have Earned $300!” email yesterday so the bonus should be here soon 🙂

    • KS says:

      That’s great Ken. Still waiting on mine. When did you open and meet the requirements?

      • Ken says:

        Opened 4/7 and 4/11, respectively. Both DDs completed last few days of April or first few in May. So the email came exactly 4 weeks before when the bonus is supposed to post. Others have reported receiving the bonus just a few days after the email so I’ll be sure to report back when the bonus posts.

        Both accounts were based off of the old terms, but I kept the $15k in both accounts for the duration.

  113. Electric Wayfarer says:

    In the top section of this post, it’s stated as follows:
    Additional requirements: Maintain $15,000 for 30-days

    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.

    Just thought I’d pass that along in case you’d like to make the correction.


  114. Ryan says:

    Looks like the terms have changed- cannot get the bonus if had a Citi checking account within 6 months (“have not been a signer or owner of a Citibank checking account within the last 180 calendar days.”)

    • Jim says:

      Good call, used to be 60 days, allowing me to churn 2x already since last year.

      Think might be better off with the M&T bonuses if looking at ease of churning

    • genh says:

      I missed this comment and apply today, when the time I closed my last checking was about 150 days ago…

  115. Electric Wayfarer says:

    I’m highly interested in applying for this offer and have two questions for folks that have already done this.

    Here’s what I understand:
    a. This offer doesn’t mention an early termination fee so essentially can be closed after receiving the bonus.
    b. To get the bonus you need to maintain $15K for 60 days
    c. Monthly fee of $25 can be avoided if you maintain $10K (The Citibank Account Package needs $10,000 in combined average monthly balances to remain fee free. Otherwise, there is a $25 monthly fee.)
    d. the cash bonus will be credited to your new checking account within 90 calendar days from the date when you completed all offer requirements.

    Based on a, b, c and d above, I’m arriving to the conclusion that this a/c will need $10K balance for no more than 5 months? (Open A/C, fund $15K asap, maintain $15K for 60days, reduce balance to $10K until bonus received – which, according to point “d” above should be 90 days or less). Is this calculation correct?
    2. I just joined the banking bonus game and recently applied (within the last 10 days) for the BMO Harris checking and CIT Savings a/c – both were soft pulls. Since this Citi is also a soft pull, is it advisable to open this right away? If not, when?

    • Mikey says:

      To answer your first question, yes, you have the calculations right. I’ve done three Citibank bonuses in the last two years and in each time, the bonus posted within 90 days of account opening so your chances of getting the bonus sooner than your timeline is possible.

      Some people have complained about not getting their bonus in a timely manner but I found if you take screen shots when you apply (or save the important information such as promo codes, etc.) and follow up with Citibank sending them a message when you complete the requirements, you’ll have an easier time getting your bonus sooner than later.

      As far as your second question, I’d go for this promo now if you have the funds, I have never known Citi to reject an application because of the number of soft pulls you might have. Like I said, I’ve done three of their bonuses in the past two years and I’ve had dozens of other accounts opened during that time without a rejection. Some banks are Chex sensitive but have never found Citibank to be.

  116. Jay says:

    Got my bonus today but why $100?

    Account opened on 3/10
    $15k deposited on 3/11
    $250 purchase completed on 3/16
    $100 bonus received on 7/11 (under “Basic Checking Bonus”)

  117. Begonia Blossom Herbert-Ramirez says:

    Didn’t realize the funding requirement was 15k and set up my initial transfer as 10k. I can fund with another 5k but does anyone know if I’ll still receive the bonus?

  118. Ken says:

    Just received the $300 bonus for both mine and my wife’s account. Pulling funds today and closing once things post.

    • When did you open the account? Did you do the original offer for $15K for 30 days or new one from April for $15K for 60 days?

      • Ken says:

        Original offer, but I left the $15k in the account till the bonus posted. Don’t know open date without my spreadsheet. Bonus was posted in a little less than the published 90 days.

        • Thanks. I am at 65 days since meeting DD requirements and still waiting. Did SM Citi and got a response that I have met the terms and need to wait upto 90 days from meeting requirement, so.. I guess for this one, I am digging in and waiting it out.

          • Ken Mc says:

            With Citi it’s 90 days from when the statement closed that you met the requirements. So it takes forever. We both got an email a few weeks ago saying we’d receive the bonus in 30 days, but it only took 21 or so.

  119. yaks says:

    seems to need to be 180 days since one had an account with citi, not 60.

  120. LookingAhead says:

    How soon are people pulling out their $15k after receiving their bonuses? I don’t want to count my chickens before they hatch (haven’t received email yet, checking account funded on May 10), but I want to start using that $ to fund other opportunities.

    • I pulled 5K out after little over 1 month (older terms). For SO, pulled out 5K after little over 60 days.
      I did this last year too with the $400 bonus for me and SO.
      However, no bonus yet for me – going on 66 days and counting (got bonus in 42 days last time).
      Ken, above, who got his bonus, left the 15K in there till he got the bonus.

      • Gadget says:

        You can also downgrade the account to the “Regular Checking” after the required 15K timeframe (and meeting the other terms, DD’s or swipes), and that way you can drop the balance to 1.5K vice 10K and still avoid a monthly fee. I did it, no issues, other than they have to send you a new debit card. So, if you are actually using the account debit card, you would be without for a week.

  121. RS says:

    4/13 – Opened account
    4/20 – $15k online transfer from Chase checking (personal account)
    4/27 – $250 online transfer Chase ACH
    7/11 – $300 bonus received, transferred out entire balance
    7/19 – Account balance $0, closed by phone. It was a PITA and took 2 calls because I hadn’t activated the debit card, which is required in order to close the account.

  122. abk says:

    The fine print says you cannot have had an account in the last 180 days, not 60 days as stated in the summary.

    • Gadget says:

      +1. Terms have been getting worse as time has gone on. 180 days in between accounts is a long time, considering you have to keep the account for about 4 months for the bonus to post. Took me 4 months from open to close with the 30 day 15K terms, so probably going to be like 5 months with the 60 day 15k terms. (Unless you bravely close the account like one DP suggested as soon as meeting the 15K deposit length terms) I guess this is still slightly better than once a year, and definitely better than once a lifetime like some banks.

      Here I was just thinking about signing up again next month, but now I would be ineligible. I had just got off the phone with Citi to verify my closing date for a prior account and luckily, people like you read over the fine print and speak up when you see mistakes.

      FYI, if you call, Citi won’t give you a date of account closure: Just Month and Year. (I had it in my notes, but wanted to verify) Guess I don’t have to worry about it until around Christmas time now, if still available then.

  123. MM Austin says:

    Is there a Page on doc where I can find all such Account bonuses. (worried that I may miss offers like $500 of Citi as it was not mentioned on the page. (For me, best offer would be $500 as I can gather $50k for 2 months).

  124. Vadim says:

    Consider updating fine print section in your post

      • Kernel Sanders says:

        Who is eligible for this offer?

        For the Citibank Cash bonus offer, “Eligible Customers” are “New-to-Citibank” customers who (1) enroll in the Citibank Checking Offer, (2) open an “Eligible Checking Account” as first signer and are also (3) at least eighteen (18) years of age, and (4) have a valid W-9 or W-8 BEN on file with Citibank. (5) have not been a signer or owner of a Citibank checking account within the last 180 calendar days.

  125. Datapoint says:

    Another datapoint with datepoints

    Opened with deposit 15k on July 17, 60 days later is Sep 16 – move 5k leave 10k
    With Direct Deposits Aug 1 and Sep 1, the bonus will post Dec 14
    Account can be defunded Dec 15 or later but bank wants to be notified 1st

  126. steven88 says:

    Do you guys think a higher offer will come back after the Sept 30th deadline? I’m new to this and wondering how previous Citi promos have been with during Q4 of the year.

  127. Rab says:

    Hello, citi declined my new account request 3 months back. But then i had no relationship with citi.
    Now i have a citi AA platinum card. Should i apply for this qccount again? Is there a better chance of me getting an account this time?

    Thanks in advance

  128. KS says:

    DP: (under terms just prior to the new ones)

    04/14: opened
    08/08: bonus posted

    All requirements met in June.

    Initially deposited $15k and removed $5k after 30 days.

    DD option used (can be any ACH source), rather than purchase.

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