Posted by William Charles on January 29, 2016
Bank Account Bonuses

Published on January 29th, 2016 | by William Charles

16

[Expired] Citizens Bank $150 Checking Bonus, At Supermarket Branches [MI & OH, CT, DE, MA, NH, NJ, NY, PA, RI, and VT]

  • Maximum bonus amount: $150
  • Availability: MI & OH, CT, DE, MA, NH, NJ, NY, PA, RI, and VT
  • Direct deposit required: Yes, $250+
  • Additional requirements: None
  • Hard/soft pull: Soft pull as long as you opt out of over draft protecton.
  • Credit card funding: Up to $1,000, Visa & MasterCard only
  • Monthly fees: $9.99, waive-able
  • Early account termination fee: None
  • Expiration date: None listed

The Offer

Direct link to offer

  • Open a new personal Citizens Bank checking account at a Citizens Bank Supermarket Branch and receive a $150 sign up bonus when you complete the following requirements:
    • Receive a direct deposit of $250 or more

citizens bank

The Fine Print

  • Direct deposit must posts & clears your account within 60 days of account opening
  • You must open your first new personal checking account between 1/23/16 and 2/26/16
  • Primary signer on the new checking account may not be or have been a primary or secondary signer on any personal checking account within the previous six months
  • Bonus will be deposited into your qualifying checking account by 6/30/16
  • One bonus per customer
  • Bonus will be reported to the IRS

Avoiding Fees

There is no early account termination fees on this account. There are three different checking accounts that might be worth considering:

  • One Deposit Checking Account: $9.95 fee is waived with any deposit
  • Value Checking Account: $3.95 fee not possible to waive
  • Personal Checking With Interest: $11.95 fee is waived with an average daily balance of $2,50

Our Verdict

Last time they offered this bonus it was also in branch (but at Citizens Bank locations) and some people had success with a credit card. It also seems that if you don’t live within the specified states you can open an account if you go into one of the branches. Well worth reading that previous bonus page for people’s experience. People are also selling coupons on eBay and that doesn’t require going into a branch, but no idea if these are tied to a name/address or not (you should find out when you enter the code considering it asks for all your details as well) and some talk of a $200 bonus being offered by USPS when you do a change of address, but very YMMV.

The nice thing about these bonuses is that you can churn them once every year or so (takes awhile to get the bonus and then you’re excluded for six months). They offered bonuses a few times last year, but $150 was the highest.

Personally I think this is a pretty good deal, obviously the no direct deposit bonus is better but there is no guarantee that will come back. It also obviously only makes sense if it’s convenient to go to a supermarket branch. That said, relatively easy bonus requirements and not so difficult to keep the account fee free and you can fund with a credit card. Because of this we’ve added it to our list of the best bank bonuses.

Here is how I’d complete this bonus:

  • Open A One Deposit Checking Account (using a rewards credit card to fund if possible)
  • Set up a direct deposit of $250 per month (using employee payroll if possible, otherwise a work around), this will trigger bonus and keep the account fee free
  • Wait for the bonus to post (can always withdraw funds if I don’t want them earning no interest in the mean time)
  • Close account

Useful posts regarding bank bonuses:



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L T
L T

For a few months now, USPS moving coupons that you get at the post office have been including a Citizen’s $200 coupon with no direct deposit requirement for the One Deposit account (1 deposit/mth keeps it fee free and nets bonus after a few months), so check your local USPS if you’re heading nearby one anyway.

Owen
Owen

Is it possible to open the USPS coupon account online?

Anthony
Anthony

Now it is $150, not $200. I just tried it.

Joy
Joy

Hi,
Could you share the zip code for the USPS coupon.
I have tried my nearby USPS, but found nothing.
Thanks very much!

howard
howard

Hi, I know this might sound absurd, but does anyone happen to still have (or remember) the expired offer code for the USPS $200 offer last year? I opened the account online (which I regret, should have done it in branch) at the end of Oct and the $200 bonus still hasn’t posted. I worry even if I walk to a branch to demand the bonus they might ask for the code. Thank you all!

Eric
Eric

Anybody have a datapoint on funding with a Capital One card? Trying to hit a spend minimum 🙂

Kevin
Kevin

I funded my account with my Venture card. Coded as a purchase.

Fafa123
Fafa123

Only need a single direct deposit of $250 so no need to set up a monthly one.

Question: if you open this at a local supermarket branch, how do you fund via cc? Do you open but then fund online?

Steve
Steve

I did a (different) bonus at this bank last year. Takes *ages* for the bonus to post, but I did get it.

daxihe
daxihe

This bank charges $2/mo for paper statements. eStatement seems to be the default option in my account but be sure you opted to it.

Nengah
Nengah

This link does not seem to work anymore… I tried other sites and it seems that this offer could be expired.

howard
howard

Hi, I know this might sound absurd, but does anyone happen to still have (or remember) the expired offer code for the USPS $200 offer last year? I opened the account online (which I regret, should have done it in branch) at the end of Oct and the $200 bonus still hasn’t posted. I worry even if I walk to a branch to demand the bonus they might ask for the code. Thank you all!

Bungy
Bungy

Funded with $1000 on a USAA credit card. Came up as a cash advance. Bank would not reverse this. oops.

Bungy
Bungy

Also I’m still waiting on the Bonus. Deposit was in July, walked into the branch and they said I qualify, but may take up to 120 days from date of deposit to post.

Don
Don

Deal is back again! Until 2-24-17

It pays to use Direct Deposit

To earn $150:

Open your first new personal checking account between January 21, 2017 and February 24, 2017 at a Citizens Bank supermarket branch
Set up a single direct deposit of $500 or more that posts to your new account within 60 days of account opening
It’s that easy!

Ask a Citizen at a supermarket branch today

FIND A SUPERMARKET BRANCH NEAR YOU

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