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wreckless316
wreckless316 (@guest_639544)
September 6, 2018 15:47

Any update on verbage in T&C regarding stacking with Checking offer? Theoretically you can obtain $400 from checking ($15,000 deposit in checking/savings) and another $200 from savings ($25,000 depsoti in savings). So if i deposit $25,000 in savings in one shot, doesn’t that meet the requirements for both offers, thus $600?

john mccann
john mccann (@guest_628610)
August 11, 2018 14:26

Had my money for 5 months. Had to file a claim with CFPB to get my $300 bonus. Long story. Got it mailed to my house 6 days later. Overnight DHL. Why when opening the account you get an American-and get Mexico or India when inquiring about your bonus? It’s like a racist bait and switch.

arizonapv
arizonapv (@guest_628631)
August 11, 2018 17:54

@john mccann They’ve had my money over 3 mos, looks like I’ll have to wait another 2 mos. Do you mean that after 5 months they still didn’t pay the bonus?

john mccann
john mccann (@guest_628684)
August 12, 2018 09:27

I had to leave the money in there for 90 days. Then they had 60 days to pay the bonus. July 2nd I expected the bonus. They said they need a W-9 tax form. Sent them the form-TWICE. They wanted me to send them a third one. Pissed. Closed the account then. Filed a claim with CFPB to get the $300. Got it 6 days later. Got a bonus with them before-no problem. Why now? Give it 5 months(90+ 60). If it gets to be a hassle-file. Good luck.

Mikey
Mikey (@guest_619651)
July 20, 2018 14:48

Both CITI and CHASE are going to need to step up their game and offer a far better bonus to lure savings for 90 days. These promotions were of interest with savings rates at 1-1.5%. But with 2% and up so widely available now it’s as many of you have already concluded: why bother?

calwatch
calwatch (@guest_619659)
July 20, 2018 15:26

Agreed. Just give a fair rate for savings and a smaller bonus. PNC gives 1.3% for Virtual Wallet customers and that is the highest rate out of the big banks. Give a $100-300 bonus and instead offer 1.5% rates like Citi used to do with the Ultimate Savings Account – not the best but definitely top ten.

raj
raj (@guest_619642)
July 20, 2018 13:56

Why does anyone do this crap? Best case scenario is 3.2% @20k, gets worse from there. Plus the risk of the bonus not going through, hassle of setting it up, another chex inquiry…

Are you guys just sitting on large sums of univested cash? Not smart.

Chris B
Chris B (@guest_619709)
July 20, 2018 18:21

No chex inquiry if you are just funding an existing savings. Just registration. Agreed with the rest.

Dan
Dan (@guest_619628)
July 20, 2018 13:21

What a joke.

JuicyJosh
JuicyJosh (@guest_619610)
July 20, 2018 12:07

&^%# Citi. Just hung up with them. Opened the 15k checking/savings combo and just complete 60 days. Logged in to confirm so I can withdraw 5k. 15001 in checking 49 in savings. See that they charged me 25 fee on 7/5. Call in and was told it was because I didnt link my accounts. Even though I opened together and see them both when I log in. They “linked” on phone and as a “one time courtesy” they refunded the fee. The incompetence here is unbelievable. Is $400 worth the PITA? I ask myself this every time i churn them. Always some new issue.

Dimi
Dimi (@guest_619620)
July 20, 2018 12:48

I’m having the same experience with them except for the fact that they managed to charge me $25 for two months in a row (with subsequent refunds and apology). Now they are telling me that I have to wait for up to 90 days after 60 days to get my bonus. Thinking of starting a draft to CFPB…

RY
RY (@guest_619676)
July 20, 2018 16:23

They charged me $25 twice also on my Savings account. Supposedly they “fixed it” and now both accounts are “linked”. Waiting 90 days after 60 days has been the norm with Citi in the past… which is why a lot of people on here don’t do the Citi bonuses anymore.

DrRyan_L
DrRyan_L (@guest_620067)
July 21, 2018 15:33

@DIMI they told me 90 days as well but it was actually more like 40 days

JohnnyBoyJr
JohnnyBoyJr (@guest_617818)
July 16, 2018 23:36

This does appear to be publicly available, and can also be opened online or over the phone, according to their excessive T&C’s
https://banking.citi.com/cbol/18/Q3/savings/700/nt/default.htm?intc=1~1~52~6~BANR~2~Save700_NatPMa~XPX&BT_TX=1&ProspectID=A4BE6685BA66445E96CC01CACFF8F33D

Some goodies included in the fine print:
“If an Eligible Customer does not have an Eligible Checking Account, he or she is encouraged to open such an account by 9/30/18 to qualify for this $200-$700 Cash Offer.”

“Enrollment and participation in this promotion does not guarantee eligibility.”

So I’m not exactly clear if you need to have a checking account in order to get this. And they make it sound like they can weasel their way out of paying this, if they so wish.
And it also looks like you can open the account, wait to fund it until ~9/30, then maintain the funds for ~90 days.

R.
R. (@guest_620085)
July 21, 2018 17:42

See “Who is eligible for this offer?” item (3).

You need to have Gold/Priority/Citibank checking account, and they specifically rule out Basic/Access.

calwatch
calwatch (@guest_614725)
July 9, 2018 03:04

It makes sense if you could get it to stack. https://www.doctorofcredit.com/citi-400-600-personal-checking-savings-bonus-available-nationwide-direct-deposit-not-required/

Would funding $50k in a new-within-180 days Citi Priority qualify for both the $600 and $300 bonuses? You would just be opening a Citi Priority online with the $25 minimum, and then walk into a branch and ask to have the bonus code applied for your $50,000 deposit. That’s 7% for a $50k deposit, and possibly lower annual fees on Citi Prestige and whatever other premium cards one wants, which isn’t half bad.

Ron
Ron (@guest_615516)
July 11, 2018 01:10

One could stack but wouldn’t that require 50K + 25K (separately) for checking and savings ?

Ron
Ron (@guest_615521)
July 11, 2018 01:31

Also the offer you reference already requires both Citi checking + savings accounts to be opened. Wonder how this second savings account could stack with that.

calwatch
calwatch (@guest_617835)
July 17, 2018 00:27

The T&C says new and existing savings accounts qualify for the offer on this page. I just closed my account with Citi in March so am outside the 180 day window to try out.

HG
HG (@guest_619657)
July 20, 2018 15:12

I closed my Citi checking in the middle of March. My last statement date is March 31. You think I can open the checking and deposit money on Sept 30 in order to qualify?

Lord Dima
Lord Dima (@guest_619674)
July 20, 2018 16:21

Wonder if these would stack as well. Just opened checking/savings two days ago.

Chris B
Chris B (@guest_619712)
July 20, 2018 18:23

I will be stacking as well. Opened the checking savings package 1 month ago.

wreckless316
wreckless316 (@guest_639556)
September 6, 2018 16:10

How are you going to stack? Are you going to fund them seperately?

I’m thinking if you put $25,000 into savings you will qualify for both the checking offer ($400) and the savings offer ($200)

Wong
Wong (@guest_614716)
July 9, 2018 00:50

Could we tag these offers with something like “Garbage bank bonuses” or “Ripoffs”?

Ann
Ann (@guest_614719)
July 9, 2018 01:17

The lowest level on this one isn’t bad, if you wait till September to do it so you don’t have to leave the money there as long. $250k would be ridiculous, of course.

lepafrogger
lepafrogger (@guest_619614)
July 20, 2018 12:16

Isn’t doc great? I do appreciate the honest comments on whether or not it’s worth all the hoop-jumping. Other sites just throw the offers out there…..

Toad
Toad (@guest_614694)
July 8, 2018 21:01

Good, I was really having trouble coming up with something to do with this 250k I have under my mattress.

Will
Will (@guest_614695)
July 8, 2018 21:18

hey some of us really do have 250k under our mattresses 😉

TheTaxman_cometh
TheTaxman_cometh (@guest_614699)
July 8, 2018 21:36

I’d like to offer you a free mattress trial, I even offer free delivery and most importantly free removal of your old mattress.

Charles Mann
Charles Mann (@guest_619739)
July 20, 2018 19:00

I recommend you get yourself a fireproof mattress.