Here Is Another Nice Citi Bonus Offer

MY2CENTSWORTH
  |     |   442 posts since 2016

I found this Citi offer when I was surfing around earlier today. New checking customers may earn a cash bonus of $500 or $1,500 after opening an eligible checking account from 7/9/24 to 10/8/24 and completing required activities. If you also open and fund a new Citi® Savings Account, your balance can be held in your Checking Account or between your Checking Account AND your new Citi Savings Account to count toward the minimum requirement to earn a bonus.It's a pretty sweet deal for anyone that doesn't already have a Citi checking account or didn't already jump on the $300 checking account bonus late last month or earlier this month if you have that amount of liquid money available now.

https://banking.citi.com/cbol/OM/checking/tiered/featured-offers/default.htm?venue=GoogleBR&BT_TX=1&...

NYCDoug
  |     |   335 posts since 2011
Check your percentages: $500 ÷ $30,000 (min balance) = 1.6% bonus . . . $1,500 ÷ $200,000 (min balance) = 0.75% bonus

Better places for your money?
IGR
  |     |   585 posts since 2020
Sure it's a worthwhile bonus, with some caveats, for those who understand financial calculous and know the difference between Rate and Yield.
If there are better places that give "1.6% bonus" = 12.8% Yield, I am all for it.
Otherwise, if I would have $30K available for 45 days and no better plans to Spend or Invest it, I would make extra $300 vs keeping funds on the deposits paying 5.5% APY.
not much, of course, but I could make myself feeling better after annualizing it into "8% bonus".
I wouldn't do 8% bonus with City amid Citibank reliance on ChexS.
vlad
  |     |   296 posts since 2020
"So long as you have not owned a Citibank checking account in the last 365 days, meet Tax Requirements, and are at least 18 years old, you can apply to participate in the Welcome Checking Cash Bonus Offer."
John19
  |     |   397 posts since 2022
My US Bank bonus just paid. Fidelity push counted as direct deposit.
6/18 Opened account
6/25 $5001 Fidelity push
6/28 $5001 Fidelity push
7/24 $500 bonus
John19
  |     |   397 posts since 2022
Also got $100 Swagbucks for the US Bank bonus.

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