[Expired] [Targeted, CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT] Citizens $600 Checking & Savings Bonus

Deal has expired, view more Citizens deals by clicking here.

Offer at a glance

• Maximum bonus amount: $600
• Availability: Targeted and  CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT
• Direct deposit required: : Yes, $500+
• Additional requirements: See below
• 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 No longer possible
• Monthly fees: Up to $24.95, avoidable
• Early account termination fee: None
• Household limit: None
• Expiration date: 9/12/19

The Offer

No direct link to offer, sent out via snail mail

• Citizens Bank is offering a bonus of up to $600. Bonus is broken down as follows:
  • Get a bonus of $300 when you open a new one deposit checking or Platinum checking account and make a direct deposit of $500 or more within 60 days
  • Get an additional $200 when you open a new green savings or platinum savings account with a minimum of $15,000 not currently on deposit with Citizens Bank and maintain that balance for 3 months
  • Get an additional $100 when you do both

The Fine Print

• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Citizens Bank One Deposit Checking Account $9.99 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.)

Citizens Bank Platinum Checking Account $25 Monthly Fee 

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

Early Account Termination Fee

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

Our Verdict

It’s previously been possible to get a $600 bonus without the savings account. This bonus seems basically identical to the $600 Chase checking & savings bonus. Because this is a targeted bonus we won’t be adding this to our best bank account bonuses.

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• A Beginners Guide To Bank Account Bonuses
• Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
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