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$50 Checking Account Bonus at Citizens Bank


Citizens Bank
Citizens Bank is offering up to $50 in gift card rewards for signing up for its online bill pay and automatic transfers with your checking and savings accounts. Here is the promotion page.

To qualify you must open or have a personal checking account and be enrolled in Everyday Points by March 4, 2007. You'll earn 10,000 Everyday Points, valued at $25, if you enroll in online banking and pay at least 3 bills by April 30, 2007. You'll earn another 10,000 Everyday Points if you establish a monthly Steady Save transaction, with which you must transfer a minimum $10 at least once a month from this account to any of your Citizens Bank savings or money market accounts by April 30, 2007. Existing customers who do not currently use Steady Save or Online Bill Pay may also qualify. You can open the account by calling 1-877-360-CIRCLE or visiting a local branch.

Here is the Citizens Bank Checking Account Summary page. The account with the least fees and requirements is the Green Checking which only requires a minimum deposit of $25. There's a $5.95/mo fee, but this can be waived with Online Bill Pay, automatic transfers or direct deposit. From the Savings Account comparison page the best savings account for this promotion seems to be the Green Savings Select. It has no minimum balance and is free with checking. It only pays 0.75% interest, but the Circle Money Market account isn't much better at 1% for up to $10K. These are not the accounts to open to earn decent interest.

Citizen Bank is based in the Northeast with branches in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont. It is FDIC insured.

  Tags: Citizens Bank, checking account

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Comment #1 by Curtis (anonymous) posted on
Note that with Everyday Points you can't get cash. With 20,000 points you can get various $50 gift cards/certificates, among other things. You also can choose to make a donation to various charities.

Comment #2 by Anonymous posted on
For Green Checking accounts, the $5.95/mo maintenance fee depends on where you open the account. Most New England states-- RI, CT, MA, NH, all have the $5.95/mo maintenance fee (waived with online bill pay, automatic transfers/online transfer, and direct deposit.) All other CitizensBank (VT, NJ, PA, DE) have no maintenance fees or other requirements besides minimum to open.

Comment #3 by Anonymous posted on
For Green Savings Accounts, the interest APY depends on where you open your CitizensBank account. It can be anywhere from 0.5% (new england states RI,MA,CT) to 0.75 (DE,PA,NJ,NY), and if you have a checking account, you can get Green Savings Select free, which now APY interest is 0.75% in New England states or 1.75% (DE, PA, NJ,NY,VT). The same trend is with their Circle Money Market. Strange how they do that.