Another Citibank $200 Checking Account Bonus

Dec 14, 2005 - 8:23 AM by Ken Tumin

This signup bonus from Citibank is essentially the same as what I posted back in October except that this one seems to only be for Citi card members. That old one expired in November. This new one is good until the end of January. Here's a summary of the required steps to get the $200 bonus:

Apply for a Citibank Regular Checking account with the offer code CEW9
Fund the account with $1.5K
Use Citibank's billpay service to pay 2 bills a month for a year

Citibank will then give you $50 every 3 months.

Here's an important note regarding fees with this checking account:

Citibank EZ Checking package is free of monthly maintenance fees and per-check fees with 2 or more qualifying electronic bill payments from, or a direct deposit to, a Regular Checking account during the monthly statement period. Otherwise, when the $1,500 minimum balance requirement is not met, your package will be subject to a maintenance fee and a per-check fee.

Credit for this deal goes to this SlickDeals thread.

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Steve (anonymous) - #1, Friday, December 30, 2005 - 8:04 AM

Do you know if you have to keep the $1500 minumim balance if you have direct deposit into this account? It saya that direct deposit will avoid the monthly fee however it doesn't say if you need it to get the $50 bonuses.

Banking Guy (anonymous) - #2, Friday, December 30, 2005 - 9:38 AM

Looks like the direct deposit can avoid the fees even without the $1.5K balance based on this line:
Otherwise, when the $1,500 minimum balance requirement is not met, your package will be subject to a maintenance fee and a per-check fee.
I would assume that after you open the account with $1.5K, the only additional requirements for the bonus is the monthly bill payments. Avoiding fees seems like a different issue.

Another Citibank $200 Checking Account Bonus

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