Posted by William Charles on July 17, 2017
Bank Account Bonuses

Published on July 17th, 2017 | by William Charles


[CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT] Citizens Bank $150/$250 Checking Bonus

Offer at a glance

  • Maximum bonus amount: $250
  • 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: Mixed data points
  • Credit card funding:  Up to $1,000, Visa & MasterCard only
  • Monthly fees: $9.95 – $25, avoidable
  • Early account termination fee: None
  • Household limit: None
  • Expiration date: August 25th, 2017

The Offer

Direct link to offers: $250 | $150

  • Open a new Citizens Bank Platinum checking account and get paid a bonus of $250 when you make a single direct deposit of $500 or more within 60 days of account opening
  •  Open a new Citizens Bank On Deposit checking account and get paid a bonus of $150 when you make a single direct deposit of $500 or more within 60 days of account opening

The Fine Print

  • To qualify for a bonus you must open your first new personal checking account between 06/26/17 and 08/25/17 and have at least 1 single direct deposit of $500 or more post to your new checking account within 60 days of account opening.
  • 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.
  • 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  • Offer may be withdrawn without notice and cannot be combined with any other checking offer.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 personal checking account via Citizens Bank’s online account opening system accessed by clicking on the link on this 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 Citizens Bank Platinum Checking® account you will receive a $250 bonus, or a $150 bonus for a One Deposit from Citizens Bank® or any other new personal checking account.
  • 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.
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

No Early Account Termination Fee

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

One Deposit Checking Account $9.95 Monthly Fee ($150 Bonus)

Citizens Bank Platinum Checking Account $25 Monthly Fee ($250 Bonus)

  • Citizens Bank Platinum Checking: $25 fee is waived with $25,000 in combined deposits

Our Verdict

The Platinum checking bonus isn’t really worth considering due to how difficult it is to keep the account fee free, they have offered a targeted bonus of $400 on that account before. I guess you could go for the platinum account and just close it as soon as the bonus posts and eat any monthly fees you run into, but I think after taxes you’d be better off with the $150 bonus. They also have a $200 bonus on the One Deposit account but you need to be targeted for that and also apply in branch (more effort and you won’t be able to fund with a credit card).

Given all that I think the $150 bonus is your best bet and I do think it makes sense to open if you live in the target area. As such this will be added to our best checking bonuses.

Big thanks to reader, Peter A who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:

46 Responses to [CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT] Citizens Bank $150/$250 Checking Bonus

  1. Ender says:

    Does any one has any DP on how fast does the bonus post? eg how many monthly fees I have to pay before getting bonus? Thanks

  2. Justin says:

    As you’ve noted in another post Doc, there is a targeted $200 mailer for those who just moved. I just moved and got it

  3. Justin says:

    Do they waive the fees for the first couple of months? Or they charge you immediately after you open the account?

  4. Ry5 says:

    I chatted with a CSR and asked if there was a promotion for opening the “One” account. The CSR said there is no promotion.

  5. Bob says:

    For those wondering, the Feb $150 bonus posted in 5 weeks after I completed requirements. 3/7 completed, 4/19 posted. No grace period for monthly fees AFAIK, it was the One Deposit acct last time so I was always meeting the requirements.

  6. Matt says:

    Was anyone successful in getting multiple bonuses (after the 6 month period)?

  7. Jordan says:

    Funded 1000 with a Visa card, but doesn’t look like it went through (not showing up on my cc nor new account).

  8. cr7 says:

    any DPS of this working out of the target states

  9. Aaron says:

    I just tried to apply for this online and received an error message. I chatted with a CSR and was told that there is a problem with the online offer and that the application needs to be completed in-branch. Has anyone else experienced this?

    • Aaron says:

      The online application issue appears to be resolved. I just submitted an online application for the One Deposit Checking account and was approved. The account was funded with a Chase Sapphire Reserve; I’ll report once I get confirmation on how the CC transaction is processed.

      • Aaron says:

        The opening deposit has appeared as a pending transaction on my CC account, so Chase Sapphire Reserve appears to be a purchase rather than a cash advance.

  10. Joe says:

    Was this offer removed? Clicking on the direct link doesn’t show any mention of the bonus.

  11. SS says:

    Anyone try to fund the $1,000 this with a Citi Doublecash, Wells Fargo Cash Wise, Consumers Credit Union Visa, Capital One Spark Business, Chase Ink, etc, cards?

    I read the linked funding account page about and there’s no info on those yet…

  12. Mark O says:

    Just tried and was denied. Probably too many accounts 6 or 7 so far this year. Just said because of my equafax report. Will try the wife later this week.

  13. Terrence says:

    Just opened the One Deposit Account. Funded 1K with the CSP. I’ll report after I see how the transaction goes through. I’ve also opened 15 accounts in the last 9 weeks so I don’t think they’re Chex sensitive.

    • 2bdbest says:

      What is the max I can fund the account with my CSP?

      • Terrence says:

        I only put in $1,000, but if you look at Doc’s post above it should be $1,000.

        I’ll add another DP, the CSP coded as a purchase but it did take about 3-4 days to settle on both Citizens Bank and Chase.

        • Eric says:

          Did you mean to write $100? Otherwise your first comment doesn’t really make sense.

          • Terrence says:

            Let me clarify. The only amount I tried to fund with was 1K. That’s the max according to Doc’s post above. I didn’t try anything above 1K so I don’t have a DP for anything above 1K.

  14. Nancy says:

    I tried to fund both One Deposit checking and Green savings with $1000 but it didn’t work. The screen says you can only fund up to $1000 total with a credit card. I funded with my Chase IHG but it has not been charged yet. I will update if this codes as a purchase.

  15. Randy c says:

    Funded $1000 with doublecash and coded as purchase

  16. Dylan says:

    Link not working for me. Just goes to bank’s checking account home page with no offers. Am I doing something wrong?

  17. SS says:

    Took maybe 5 minutes to open account and was given Account # and Routing # immediately. Also set up for online banking. Super easy.

    Great application, work smoothly and few questions. This is what new accounts should look like.

    Disclosure: I’ve opened maybe 2 dozen bank accounts since 2016.

    Will try a few ways to trigger bonus via ACH but eventually will throw a real employer DD at it to be 100% sure.

  18. Andrew says:

    Does anyone know if the credit card funding goes through immediately? I opened two accounts last night (one for me, one for my partner) both using different Citi AA cards, and neither Citi card is showing a pending charge.


  19. Dan says:

    I’m new to this but am I missing something or did the offer get pulled? I don’t see any indication of the $150 / $250 on your direct links posted above.


  20. DoctorofDebit says:

    Just DP from this Bank. I opened platinum plus checking account with promo code from someone mailer.
    4/13/17 account opened and funded with CIP.
    05/02/17 DD posted from Alliant pulled.
    7/26/17 Bonus posted
    * I have kept $1,500 in my account all the time and it seems never get charged the monthly fees.

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