Posted by Chuck on July 2, 2018
Bank Account Bonuses

Published on July 2nd, 2018 | by Chuck

43

[Expired] Citizens Bank $200 Checking Bonus [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT]

Unfortunately this bonus has expired, click here to view the best current checking bonuses.

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT
  • Direct deposit required: Yes, $500+
  • Additional requirements: None
  • Hard/soft pull: Soft pull as long as you opt out of over draft protecton.
  • ChexSystems: Unknown
  • Credit card funding: Up to $1,000, Visa & MasterCard only
  • Monthly fees: $9.99, avoidable
  • Early account termination fee: None listed
  • Household limit: None
  • Expiration date: July 31st, 2018 September 30th, 2018

The Offer

Direct Link to offer

  • Open a Citizen’s Bank One Deposit checking account and get a $200 bonus if you make a direct deposit of $500 or higher within 60 days of account opening.

The Fine Print

  • Valid online only.
  • Valid from 6/29/18 through 7/31/18.
  • Direct Deposit is recurring income electronically deposited into your Citizens Bank checking account and may include salary, pension, Social Security and Supplemental Security Income (SSI) benefits and other regular monthly income.
  • Primary signer on the new checking account may not be or have been a primary or secondary signer on any Citizens Bank personal checking account within the previous six months.
  • The new account must be open and in good standing to qualify for this offer. Offer may be withdrawn without notice and cannot be combined with any other checking offer.
  • In order to be eligible to participate in this promotion, the customer must open their first new One Deposit Checking account via Citizens Bank’s online account opening system accessed by clicking on the link on the offer page. Customer should print this screen for their records. Customer may only be paid a bonus associated with this program one time.
  • If you meet all of the above requirements and open a One Deposit checking account you will receive a $200 bonus. Bonus will post to the checking account within 90 days after direct deposit has posted and will be labeled as “Balance Builder Bonus.”
  • Bonus will be reported to the IRS for income tax purposes.

Avoiding Fees

No Early Account Termination Fee

As far as we know there is no early account termination fee.

Monthly Fee

The One Deposit checking account comes with a $9.99 monthly fee. Fee is waived by making one deposit each statement period. (According to this comment they really do count any deposit – even a transfer from another Citizens Bank account will trigger this.)

Paper Statements

Paper statements come with a $2 monthly fee. Be sure to opt in for paperless.

Our Verdict

This is an excellent bonus for those in the eligible area. Looks to be fairly easy to meet the direct deposit requirement, very easy to keep fee-free, and comes with $1,000 in credit card funding as well. We’ll add this to our list of the best checking bonuses.

There’s also the Citizen’s Bank $400 Platinum bonus, but that one is probably a worse deal due to the $25 monthly fee. Prior Citizen’s Bank bonuses for the One Deposit account (which is easy to maintain fee-free) have typically been for just $150, and usually in-branch only. This one is a larger bonus, has the convenience of being available online, and the added benefit of credit card funding.

Edit: I see now a Reddit data point indicating the Platinum checking has a grace period for the monthly fee. So that’s probably a better deal if you can manage a $1,000 direct deposit, and you do it quickly to avoid the monthly fees. Just remember, the full $400 will show up on the 1099.

Big thanks to reader @SwarthyOgre for sharing this bonus with us. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:



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Vlad
Vlad

would ACH transfer qualify as DD?

ChurningFast

This is not the best deal imho. Just open the Plat checking, you can easily downgrade/close before first fee.

Mark
Mark

What is the start date they usually use to calculate the “Primary signer on the new checking account may not be or have been a primary or secondary signer on any Citizens Bank personal checking account within the previous six months” term?

Does it start from date of application, account closing, or payment of last promotion?

Ian
Ian

Account closing day after. So, if you apply today July3,2018, then you should’ve closed all previous checking by Dec.2 (or is it Jan.2)?

SS
SS

So if it’s 6 months starting calendar day after than closing any time in January 2018 should mean you’re eligible to apply in July 2018 any time post the close data.

i.e. closed Jan 12th means apply July 13th or later (ahead of the July 31st expiration).

Is this correct? I’m in the January ’18 account closing boat and want to confirm this makes sense to do..

Nick
Nick

Weird I got denied both times I tried this (this year and last). Don’t believe my CRs are frozen either

Connor
Connor

Just got denied as well before I reached the verification page. First time I’ve ever been denied for a checking account, interesting

Harold
Harold

I closed my old account in April, and they confirmed by secure message that it was closed. But the account is still showing in online banking. Is this normal for closed accounts? Will I be able to get the bonus in November?

Joe
Joe

I have a chase united explorer card, need to spend $2000 in 3 months to get 50000 bonus miles. If I use this card to fund the account, whether it will be treated as cash advance? I know Citibank credit cards will treate this kind of transaction as cash advance. Thanks.

Bob Hope
Bob Hope

Get your CA limit lowered to 0 (I think Chase only allows 100) that way if they try to code it as CA then it won’t go through.

Evilex
Evilex

Applied 6 days ago an still pending aproval… at the login page it will show documents uploaded but no documents showing for me to make sure they uploaded successfully, no idea if this is why is still pending review.

Derek
Derek

Forgive me if I’m missing something, but I’m not seeing anything directly on the offer limiting this to the states listed. I saw this offer on NW and it said nothing of the state restrictions. Can anybody verify if it possibly opened up nationwide?

Matt
Matt

Applied on 7/6, application went pending
7/11 – Approved
Credit card used for funding was fraud checked and declined. Is there anyway to re-fund with the same credit card?

Bob Roberts
Bob Roberts

If you call they might try it again.

Matthew Ng
Matthew Ng

Just checked my cc statement, seems like it went through but possibly because they called me yesterday to verify the account and asking me about the credit funding.

Evilex
Evilex

I called them right away cuz i got the same fraud alert, the girl said ohh i remember you, you called yesterday and i was shock she had that good memory xd, i also called chase to lower my CA to 100$ just incase, it went through today and account opened so i assume it coded as purchase.

Matt
Matt

Did anyone receive the bonus for this yet?

Danyael N.
Danyael N.

I opened the end of June and just checked today, still no bonus. I did an actual DD, so no worries there. I’ve been depositing $10 each month so I don’t get dinged with a fee.

Ian
Ian

Applied on 7/10 and had to do ID verification. 7/20: finally approved and $1,000 charge hit CSP no problem. Still waiting on mail for online access so I can actually start this one. Frustratingly long process tbh. Hope ACH push works for DD as indicated by DPs

Paul
Paul

Does zelle count as direct deposit?

Matt
Matt

Hey, not sure if you got your answer yet but according to DOC’s previous data points for acceptable deposits, pushing from chase does seem to work. Not sure if zelle is equivalent to pushing from chase but thats what I did. Unfortunately its been almost a month since I made the deposit and still didn’t receive anything.

Would anyone advise call citizen to confirm bonus?

Bill
Bill

I signed up for this a few weeks ago. I immediately emailed them asking to confirm that the $200 off was on my account since I’d read comments about them claiming it was not. Took almost 2 weeks to get a response and received the following. I was a Citizens customer many years ago and found them incompetent and difficult to work with. I see that things haven’t changed.

Dear xxxx,

Thank you for your recent email regarding a new checking account promotion. Please accept our apologies for the delayed response.

Due to the various promotions Citizens Bank offers, we would need additional information to assist you further.

Please specify if the account was opened at the branch, online or at work.

Also, if you recall the requirements of the new account promotion or the promotion code, please include those details.

Keep in mind, the promotion information is listed in your new account packet along with the requirements of the promotion and when the promotion is due to post to the account.

The promotional pay date is usually 90 to 145 days from account opening.

The bonus will be labeled as “Balance Builder Bonus.”

If you have any further questions or concerns, please contact us via email or by calling our 24-hour Customer Service Center at 800 922-9999.

We value you as a customer and appreciate your business. Thank you for choosing Citizens Bank.

Sincerely,

Linda R.

Email Team Advocate

Bill
Bill

BTW I haven’t received the “new account packet” yet. They claimed they were going to mail my login and password but I got tired of waiting and discovered how to recover my login info but I lost a few days so I wasn’t able to get my pension ACH account change submitted in time, so I won’t hit the DD requirement until September.. They emailed me twice about a signature card I’m supposed to print and mail to them but in the last note they said that they’re mailing it to me with a return envelope so why would I print it and pay postage instead of waiting? I did receive my debit card and PIN.

Brian
Brian

The signature card should have been in an email.

Your post makes me want to contact them about my own account that I did a legit DD for.

Brian
Brian

I’m calling them now to verify the bonus is attached to the account. I also did not receive a welcome packet.

My wife had opened an account, got charged $1,000 by Citi, but the $1,000 never showed up in the account! We called on that one and they fixed it, but then got a letter basically saying it was “pending research” and could be taken away. This bank is horrible.

Brian
Brian

Just got a rep on the phone (21 min wait!).

He said I AM eligible (despite getting the $150 bonus last year), but I’m still within the 90 day window, so he said wait for now. I’ll call if I haven’t gotten it when the 90 days is up.

Bill
Bill

I finally got my welcome packet in the mail on Monday with the signature card and two checks. When I signed up, they claimed I would get my login id and password in separate mails but they never arrived. I looked up my account and reset my password to gain access. Fortunately the $1000 deposit showed up. However I just realized that I need to make another deposit for August since my direct deposit won’t hit until September (due to not being able to login to the account and not getting account info right away).

Bill
Bill

Update: it turns out that the deposit requirement is per statement period, and my statement just closed the other day and the initial deposit satisfied that requirement. I sent $5 over from another account but it turns out I didn’t need to do that because my direct deposit on 9/1 would have qualified.

strema
strema

6/5 Opened account
6/12 Real $500 DD
8/29 $200 bonus posted

Marty
Marty

I did this bonus last year when it was only $150 (crap!). An ACH push from Chase counted as a direct deposit, and i set up a recurring $5 monthly transfer from Chase to meet the monthly deposit requirement. It was easy money. Thanks DoC!

Jon
Jon

The link still works and shows a promotion, fine print says this ended 9/30/2018. Will I get the bonus if I open via the link? or is this a YMMV situation? Chuck

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