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Citi Bank , $200 bonus (100 in 4 months, 100 in 15 month) for opening account w 1500 Archived From: Finance

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http://citi.bridgetrack.com/cbol/yahoo/frt_pg_east/200_offer/

Basically:

1) open account with 1500

2) pay 2 bills a month for 3 months at citibankonline.com
(get 100)

3) pay 2 bills a month for 12 more months at citibankonline.com
(get 100)

----
restrictions
† This offer is not available at Citibank Financial Centers. To receive this offer, you must:
Open and fund a Citibank EZ Checking account online and deposit at least $1,500 by 10/31/2004
Starting no later then the calendar month after the month in which you opened the account, pay 2 or more bills each calendar month for 3 consecutive months at citibankonline.com. $100 will be credited to your account within 90 days of the end of the statement period in which you met these requirements.
If you qualify to receive the initial $100 credit, and you make 2 or more bill payments each calendar month for the next 12 months at citibankonline.com, you will be eligible to receive an additional $100. The additional $100 will be credited to your account within 90 days of the end of the statement period in which you met these requirements.
Account must be in good standing at the time of each of the $100 credits. All accounts are subject to approval. Taxes, if any, are the responsibility of the customer. Offer only available for first-time Citibank checking/deposit account customers, and is valid only once for any individual. Non US residents and persons under 18 years of age are not eligible. Offer may be modified or withdrawn at any time without notice and is not transferable.


Any monthly fees or interest for this type of account?


How it works in terms of paying the bills? Does it work just like a regular checking account which has the Routing/Transit Number, and account number?

Thanks


This is a good deal for first time citibank customers.


no interest, there is a monthly minimum balance fee, but you can avoid that fee by having a direct payroll deposit done monthly. No amount restrictions but they said paypal/ing/etc don't apply.


Minimum balance for the 1st 4 months if you DON'T do direct deposit? $1,500?


expert5186 said:no interest, there is a monthly minimum balance fee, but you can avoid that fee by having a direct payroll deposit done monthly. No amount restrictions but they said paypal/ing/etc don't apply.

Do you have a link that shows Paypal is not allowed as a direct deposit?


Besides paypal, anyone knows if ING is considered as direct deposit?

ING works for Etrade and BoA.


Offer only available for first-time Citibank checking/deposit account customers, and is valid only once for any individual.

I canceled a checking account a month ago, which I got a free dvd player after like 7 months waiting and have no other citi bank accounts.

My reading of their terms means I am no longer eligible for there promos unless I move. Anyone have any info to the contrary as I would like to sign up for this?

When I did the 2 payments for the above mentioned DVD player promo I just mailed a check to my parents and myself for a $1 at my home address from their online bill pay.


expert5186 said:no interest, there is a monthly minimum balance fee, but you can avoid that fee by having a direct payroll deposit done monthly. No amount restrictions but they said paypal/ing/etc don't apply.

Not true:

If you have Direct Deposit or you maintain a combined average balance of $1,500, you can avoid the fee!


Considering their regular promos get you $150, this deal doesn't seem worthwhile if you're NOT going to do direct deposit. You'll have to leave the $1,500 in there more than a year just to gain $50 more than the usual reward.


Not for exising or previous customers - That would exclude most of the world (deliberately exagerated)
But seriously, the can't be too many people who have not already opened accounts under other promos.


DrWu said:Considering their regular promos get you $150, this deal doesn't seem worthwhile if you're NOT going to do direct deposit.
I don't plan to direct deposit into a new Citibank account. Do you have a link by any chance for the $150 promo that you are referring to?


Oh, and another question. The link from the original post is of some bridgetrack.com site. Who are they and how are they related to Citibank? Is there a direct link from Citibank's web site for the same promotion? I am just asking to be safe.



Just got the same offer today with code CDB7 which says it's good until 12/31/04.


chuleta said:DrWu said:Considering their regular promos get you $150, this deal doesn't seem worthwhile if you're NOT going to do direct deposit.
I don't plan to direct deposit into a new Citibank account. Do you have a link by any chance for the $150 promo that you are referring to?


I know it's been a while, but in case you were still wondering: This Expires 12/31/04


chuleta said:DrWu said:Considering their regular promos get you $150, this deal doesn't seem worthwhile if you're NOT going to do direct deposit.
I don't plan to direct deposit into a new Citibank account. Do you have a link by any chance for the $150 promo that you are referring to?


Correct me if I'm wrong, but it seems to me that both deals are for the same product: the Citi EZ Checking Account. Regardless of the deal, you'll need to keep a $1500 combined average balance OR have direct deposit in order to waive the fees. The only difference between the deals is one gives you $150 relatively soon and the other gives you $100 soon and another $100 later.


You can directly enter the promotion codes into the following website: offer.citibank.com. The CDB7 code now works online.

Also, for those concerned about tying up $1500 for this long in order to avoid the fees, the $1500 minimum is a combined average. This means you can keep all or part of it in certain other Citi products, including checking, savings, money market accounts and CDs.



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