Contents
- 1 Citibank Promotions Review Below
Periodically throughout the year Citibank will have new Checking and Savings account promotions for bonus cash.
The typical bonus amounts include $200, $250, $300, $400, $500, $600, $700 and sometimes up to $1,000. While the Chase Bank bonuses are typically more popular, these offers from Citi are very competitive for people with the cash available to qualify for the bonus. This is because Direct Deposit is oftentimes not required.
You’ll find Citibank branches across the following states: CA, CT, DC, DE, FL, IL, MA, MD, NJ, NV, NY, PA, SD, TX and VA. Personal Checking and Savings offers appear to be available nationwide. *Hat tip to a reader, Steve, for the report.
Citi Checking accounts have reportedly been some of the best for low-fee ATM usage overseas. Their Savings and CD accounts won’t offer the best rates so see our guides for those accounts: Savings Rates | CD Rates.
See our bank offers page for more offers. Top offers can be found from TD Bank, Chase Bank, HSBC Bank, Aspiration and many more.
We only track deposit account offers on this page (i.e. Checking, Savings, etc.). For Citi’s credit card bonuses, see our card bonus page.
Citibank Promotions Review Below
Citibank $300, $700, $1500 Personal Checking/Savings Bonuses (Nationwide)
- What you’ll get: $300, $700, or $1,500 bonus
- Where it’s available: Available nationwide. Branches in CA, CT, DC, DE, FL, IL, MA, MD, NJ, NV, NY, PA, SD, TX and VA.
- How to earn it:
- Open a new checking account in the Citigold® Account Package from 10/5/21 to 1/4/22.
- Deposit New-to-Citibank Funds into your new checking account within 20 days of account opening. The balance on your 20th day will determine your maximum eligible cash bonus.
- Maintain the required Minimum Balance* in your eligible account(s) for an additional 60 days from the 21st day.
- The cash bonus will be deposited to your open, eligible account within 90 calendar days after you complete all required activities.
- Earn one of the following amounts based on your minimum deposit and minimum balance amount:
| Minimum Deposit and Minimum Balance | Your Cash Bonus |
| $15,000 – $49,999 | $300 |
| $50,000 – $199,999 | $700 |
| $200,000 or more | $1,500 |
- When it expires: 1/4/2022
I’d recommend comparing this offer with other popular ones like these:
- Chase Bank $225 bonus
- TD Bank $150 & $300 bonuses
- HSBC Bank $450 bonus
- Aspiration $150 or $200 bonus
How To Earn Your $300/$700/$1500 Bonus
- Open a new checking account in the Citigold® Account Package from 10/5/21 to 1/4/22.
- Deposit New-to-Citibank Funds into your new checking account within 20 days of account opening. The balance on your 20th day will determine your maximum eligible cash bonus.
- Maintain the required Minimum Balance* in your eligible account(s) for an additional 60 days from the 21st day.
- The cash bonus will be deposited to your open, eligible account within 90 calendar days after you complete all required activities.
- Earn one of the following amounts based on your minimum deposit and minimum balance amount:
| Minimum Deposit and Minimum Balance | Your Cash Bonus |
| $15,000 – $49,999 | $300 |
| $50,000 – $199,999 | $700 |
| $200,000 or more | $1,500 |
- Citigold Account Package. To remain a Citigold client, maintain a minimum combined average monthly balance of $200,000 in eligible linked deposit, retirement and investment accounts. There is no monthly service fee for accounts in The Citigold Account Package.
Author’s Verdict:
You’ll also have to have a significant amount of funds to put away for a while for the best offer. Still, Citi is a big, well-known bank and the bonus offers are quite high value so are worth checking out.
Warning: these offers from Citi have very detailed terms and conditions. Explore these terms carefully on the offer pages before applying.
The best bank promotions are updated here. Start with these pages for good offers:
[Expired] Citi Personal Wealth Management Up To $3,500 Bonus
- What you’ll get: Up to $3,500 bonus
- Where it’s available: Nationwide (U.S.)
- How to earn it:
- Contact Citi and enroll in a new or existing eligible Personal Wealth Management account.
- Fund the account with New-to-Citi Funds within 2 months of account opening
- Enroll the new or existing Citi Personal Wealth Management Account into the e-delivery of statements within 2 months of account opening.
- Maintain the new funding through the end of the next month (or 3 months after the month of account enrollment).
- The cash bonus tiers are as follows:
- $50,000 – $199,999 New-to-Citi funds: $500 bonus
- $200,000 – $499,999 New-to-Citi funds: $1,000 bonus
- $500,000 – $999,999 New-to-Citi funds: $1,500 bonus
- $1,000,000 – $1,999,999 New-to-Citi funds: $2,500 bonus
- $2,000,000+: $3,500 bonus
- When it expires: 9/30/2021
See all Citi investment promos here.
Citibank Up To $2,000 Savings Bonus
- What you’ll get: Up To $2,000 bonus
- Where it’s available: NY, CT, MD, VA, DC, CA, NV, NJ, FL or IL
- How to earn it: Existing Citibank customers can earn $20 – $2,000 when opening a new eligible Citi Savings Account and completing required activities.
- When it expires: 1/4/2022
How To Earn The Bonus
- First, enroll and open a new Citi Savings Account by 1/4/2022.
- Second, fund your account with the required minimum deposit in New-to-Citibank Funds* within 20 days of account opening.
- Third, keep the required minimum balance for 60 consecutive calendar days.
- Fourth, earn the corresponding cash bonus associated with your balance tier within 90 calendar days after you complete all required activities.
| Minimum Deposit and Minimum Balance | Your Cash Bonus |
| $10,000 – $24,999 | $20 |
| $25,000 – $49,999 | $50 |
| $50,000 – $99,999 | $100 |
| $100,000 – $249,999 | $200 |
| $250,000 – $499,999 | $500 |
| $500,000 – $999,999 | $1,000 |
| ≥ $1,000,000 | $2,000 |
See the offer page for full details (the fine print is extensive!)
Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here.
FEATURED SAVINGS & MONEY MARKET OFFERS
| OFFER LINK | OFFER | OUR REVIEW |
| Axos Bank High Yield Savings | Up to 0.61% APY | Review |
| American Express® High Yield Savings Account, Member FDIC | 0.40% APY (Annual Percentage Yield) – as of 8/13/2021 | Review |
| CIT Bank Savings Connect & eChecking | Up to 0.50% APY | Review |
Citibank Business Checking Offer: Up To $2,000 Bonus
- What you’ll get: Up to $2,000 bonus
- Where it’s available: In-Branch (CA, CT, DC, DE, FL, IL, MA, MD, NJ, NV, NY, PA, SD, TX, VA)
- How to earn it:
- Open a new CitiBusiness® (Analyzed), Streamlined, or Flexible Checking Account between October 1, 2021 and January 4, 2022
- Within 30 days of account opening, make a qualifying deposit of $5,000 or more in New-to-Citibank funds to qualifying accounts to earn the following bonuses:
- $200 bonus with a $5,000 deposit
- $500 bonus with a $15,000 deposit
- $700 bonus with a $25,000 deposit
- $1,000 bonus with a $50,000 deposit
- $1,500 bonus with a $100,000 deposit
- $2,000 bonus with a $200,000 deposit
- Maintain that balance for 60 consecutive calendar days
- When it expires: 1/4/2022
How To Earn The Bonus
- Open a new CitiBusiness® (Analyzed), Streamlined, or Flexible Checking Account between October 1, 2021 and January 4, 2022
- Within 30 days of account opening, make a qualifying deposit of $5,000 or more in New-to-Citibank funds to qualifying accounts to earn the following bonuses:
- $200 bonus with a $5,000 deposit
- $500 bonus with a $15,000 deposit
- $700 bonus with a $25,000 deposit
- $1,000 bonus with a $50,000 deposit
- $1,500 bonus with a $100,000 deposit
- $2,000 bonus with a $200,000 deposit
- Maintain that balance for 60 consecutive calendar days
The CitiBusiness Streamlined Checking Account is simplest to waive the fee. The $15 monthly fee is waived with an average monthly balance of $5,000 or more.
Bottom Line
This one may not be available in all branches. You’ll have to go into your local branch to ask if any current offers are available. Chase Bank has a good business Checking offer to compare with.
Citibank $100-$1,500 Personal Checking Bonus (Targeted)
- What you’ll get: $100-$1,500
- Where it’s available: Available nationwide. Branches in CA, CT, DC, DE, FL, IL, MA, MD, NJ, NV, NY, PA, SD, TX and VA.
- How to earn it:
- Receive an e-mail invitation with subline line: ‘<name>, earn up to $1,500 with this exclusive cardmember bonus’
- Open a new checking account in the basic account package.
- Earn one of the following amounts based on your minimum deposit and minimum balance amount:
| Minimum Balance | Cash Bonus |
| $2,500 | $100 |
| $5,000 | $200 |
| $15,000 | $400 |
| $50,000 | $700 |
| $200,000 | $1,500 |
- When it expires: 9/30/2021
How To Earn Your $100-$1,500 Bonus
- What you’ll get: $100-$1,500
- Where it’s available: Available nationwide. Branches in CA, CT, DC, DE, FL, IL, MA, MD, NJ, NV, NY, PA, SD, TX and VA.
- How to earn it:
- Receive an e-mail invitation with subline line: ‘<name>, earn up to $1,500 with this exclusive cardmember bonus’
- Open a new checking account in the basic account package.
- Earn one of the following amounts based on your minimum deposit and minimum balance amount:
| Minimum Balance | Cash Bonus |
| $2,500 | $100 |
| $5,000 | $200 |
| $15,000 | $400 |
| $50,000 | $700 |
| $200,000 | $1,500 |
- Citi Basic Account Package. A fee of $12 per month is waived if you do one of the following:
- Make one qualifying direct deposit per statement period and one qualifying bill payment per statement period or
- Maintain a $1,500+ combined average monthly balance in eligible linked accounts
- Fee also waived when first listed account owner is 62 or older.
Author’s Verdict:
This is a targeted offer and only available if you received the offer email directly from Citi. Here are other bonus offers worth checking out.
| OFFER LINK | OFFER | OUR REVIEW |
| Chase Business Complete Banking℠ | $300 Cash | Review |
| Chase Total Checking® | $225 Cash | Review |
| Chase Secure Banking℠ | $100 Cash | Review |
| TD Bank Beyond Checking | $300 Cash | Review |
| TD Bank Convenience Checking℠ | $150 Cash | Review |
| HSBC Premier Checking | $450 Cash | Review |
| Axos Business Checking | $100 Cash | Review |
| Aspiration Checking | $150/$200 Cash | Review |
| Ally Invest | Up To $3,000 | Review |
| Betterment | Up To 1 Year Free | Review |
| BlockFi | Up To $250 BTC | Review |
| Voyager (code BH5F1A) | $25 In BTC | Review |
| TradeStation | $100 Bonus | Review |
| Coinbase | $10 In BTC | Review |
| Robinhood | Free Stock | Review |
| Motley Fool | Stock Advisor Discount | Review |
I was thinking of opening a citibank checking and savings to get the 1500. Bonus but glad I read these comments. I don’t think I will be doing any business with Citibank
Actually that’s the best policy. I also deposited $50K into a new account – clicking through their link and getting screenshots – only to be told that my account was not eligible – no explanation why. I followed everything to the letter.
I complained to the CFPB and NOW, after complaining to them, it seems my account is eligible. Citibank is a headache and these accounts are scams. We’ll see if I actually get my $700 in a few months.
What’s more, their customer (dis-)service is beyond useless and is a good source for incorrect information and untruths. I called them and the sweet lady with the southeast Asian accent confidently assured me that I was eligible and that I would get the bonus: all false when I attempted to verify this higher up the food chain.
What a crock. Citi is a mess. My money’s still there but we’ll see what happens. At least I have written proof in Citi’s reply to the CFPB that I will get the $700. Last time I try this, however.
The promotion is a scam!! I clicked the link to apply for the 700 bonus and filled out the application. They sent several emails to get me to deposit money, but when I clicked on them it took me to my Costco Citi credit card, so I called them to deposit the money only to learn that the link had opened a checking account–not the checking and savings accounts, as advertised in the link–and now 3-4 representatives told me I was not eligible for the bonus because I had only the checking account and not the savings account. I told them it wasn’t my fault that their link did not open the accounts, as advertised. No where in the pages did it tell me I needed to open a separate account. The representatives said they could not now open a savings account to make it whole and that I was not eligible since I now had an account. What? So they make an offer, but you become ineligible for the offer by applying for it?? This is BS! I will be reporting to the Consumer Protection Agency noted above–thanks!–but we probably need a lawyer for fraud!!
I opened my account before March 31, 2020 in anticipation of earning the $700 bonus after depositing $50,000 into savings within 2 weeks and opening a checking account with debit card at the same time. I was willing to wait for the bonus after 60 days ( was told it could be up to 90 days after that 60 day period) I was patient . After 60 days, $400 showed up in my account..not $700. After many calls including one to a supervisor named Adam, I was told that the offer I was on (a 10 digit code) wasn’t for Citi Priority so I was downgraded. Frustrating that I tied up $51,000 for 4 months when the bonus was for only a $15,000 deposit into Savings. I applied online clicking on the 700 offer not know they would put me in a lower tier. I still don’t get it but I hope this warns you about the banks greed over what is obviously not a justified reason …a technicality in the account type…in name only. Wish I could go to the better business bureau or somewhere to complain.
So, was your account opened as a Citibank Account package not Citi Priority Account package?
Alert: This is SCAM by Citi Priority: Bonus $700 if deposit 50K maintain for 60 days. I opened Checking and Saving accounts on 12/30/2019. On 01/21/2020 deposited $50,025 (Checking $25, Saving $50,000). 3/23/2020 called Citi Priority requiring when the bonus $700 will deposit to account? Citi Rep. said that my account was satisfied the 60 days requirement and the $700 will be deposit in 30 – 60 days or earlier and I can withdraw my $50,025 any time. On 3/24/2020 I withdrew $50,000. On 4/30/2020 Call Citi Priority requiring again when the bonus $700 will be deposited?. The Citi Priority rep. was angry and said after first 60 days, I need maintain $50,000 for another 90 days before can qualify to earn $700. I asked to speak with manager and the rep. hangup the phone.
I’m cancelling my Citi credit card and will never do any business with Citi again. Citi can contact me any time to confirm this. DO NOT WASTE YOUR TIME, MONEY, or ENERGY with CITI !!!
I did receive my $1500 bonus but have so little trust of Citi that I didn’t take out my money until it was credited. I got it 78 days AFTER the 60 days…
I signed up for the $700 promotion for the priority package on March 31st. Be aware that this opens a Citi Savings account with standard interest of 0.10% and not the Accelerate Savings account (1.55%). I learned this today after seeing the much less than expected interest for the first month hit my account. It is really not that clear in the terms and conditions that the Accelerate account is not eligible for the promotion. The terms just say to you need to open a “Citi Savings Account” which is generic and seems to encompass all savings accounts at Citi but it is a specific account with low interest. It is also not obvious during the account opening process that you are opening a standard savings account with the lower interest. I may have thought twice about opening an account package if I understood that at the time.
If you decide to go with this promotion you can transfer the balance from the Citi Savings to an Accelerate Savings once you met the bonus requirements (maintain minimum balance for 60 days). The other bonus programs likely work the same way in that the savings account will be a Citi Savings and not an Accelerate Savings. I should have known better and in the future I will take a screenshot of every screen during the application process.
Note: The difference between 1.55% and 0.10% on 50k over 60 days is about $120.
I ended up receiving the $700 on the 74th day after opening the account or the 14th day after I met the promotional requirement of maintaining a minimum balance for 60 days.
Did you downgrade or close the checking account to avoid fees after the 60 days when you moved the 50k? I opened/deposited on 6/23 so I’m on day 65. Would be fine if bonus actually posts in 9 more days but since terms state payout is 90 days after qualification met which would translate to another 85 days…I wanted to downgrade to basic pkg now & leave 1500 to avoid fees & release 48.5k to work for me somewhere else but concerned that citi will payout the $200 basic bonus instead
I made no withdrawals nor did I make any other changes To the accounts. When I received the bonus the accounts were exactly as they were when I opened and funded them plus a little interest. Their customer service seems knowledgeable so it might be worth checking with them about your changes and their effect on the bonus.
I tried calling & the rep I spoke to couldn’t answer the question & transferred me to the promotions line. That rep was insistent to leave as is because he has seen “many” others not get their bonus. I’ll probably keep it as is just to be safe & avoid risk of missing the bonus. The T&C explicitly state:
“if you change your package type to one with a lower Minimum Deposit and Minimum Balance during the 60 day maintenance period, you will not fulfill Required Activities. For instance, you may not convert your Citigold Account Package to the Citi Priority Account, Citibank Account, or Basic Banking Packages and still be eligible for the Cash Bonus. You may not convert your Citi Priority Account Package to the Citibank Account or Basic Banking Package, nor can you convert from your Citibank Account Package to the Basic Banking Package and still be eligible for the Cash Bonus.
I know it says during the 60 day maintenance period but it’s still potentially open to interpretation by their reps/legal dept.
I can’t believe I just opened a Citi account in light of these comments but it’s an experiment to see if I actually do get the bonus!
The reason it’s unbelievable is that I just lived a 5 month nightmare trying to get a $1600 fraudulent charge off my Citi credit card. I sent plane tickets, rental car receipts and a notarized letter from friends that I was in California at the time my card was used in the Apple store in Chicago. I went through SEVENTEEN phone calls – with the very sweet and helpful people in the Philippines – but was not able to get it resolved. But everyone, take note of the Consumer Financial Protection Bureau! I logged a complaint with them – very easy, online – and within two weeks had a letter from Citibank’s “Office of the President” to say they had reversed the charge and the five months of financial charges. It’s like that John Grisham book about the insurance industry – keep refusing until someone brings in the big guns and then scramble to do what they should have done at the beginning. I would have cancelled my card immediately except that I’ve had it 18 years and it would have killed my credit rating. As it is, it’s staying in a drawer for emergencies only and I’m using my other cards instead.
“NEVER TRUST CITI BANK”…Shame on you citi bank!!!
I opened an account online in June and also made ACH deposit during online application. ACH transfer as well as other online money transfers didn’t work as Citi bank locked my account claiming my ID verification is in progress. Looks like they made sure that my account is locked for 30 days so that the required money would not be deposited to be eligible for promotional offer. Later when I talked to Citi customer care, they gave me the LAME excuses saying I didn’t deposit money within required timeline. I closed my account after hearing their lame excuses multiple times. So never trust citi bank. There are many other better banks out there.
Dear Citi, you cannot win customers trust with your CHEAP tricks.
Never trust Citibank, they will take your money, promising bonus, but when 150 days passed since requirements have been met, they say “we don’t see promotions on your account” even thought I called them every month just to make sure that the account is set up correctly and I am am getting the bonus.
I suggest to take your money and bank somewhere else
Shame, CITI!
P.S. their costumer service is outsource to India, be ready to talk to people who don’t put customers FIRST.
The fine print says ‘New to citi’ customers. That is also a requirement. Unless there is a misunderstanding of what ‘New to citi” actually means. You want to make the article clear.
see https://banking.citi.com/cbol/staticf/offerdetails/default.pdf. Definition is “New–to–Citibank Customers” are customers who have not been an owner of a Citibank checking account within
the last 180 calendar days.
Hi Tony, Personal checking/savings bonuses appear valid nationwide. I had a question prior to applying, which I submitted on Facebook. Quick response, I’m about to apply. Steve
Oh, nice. Thanks!
Echoing the comments here, they are deliberately delaying responses. I was told I would receive a response in five business days by email or the mail. It’s been fifteen business days, nothing. When I called to follow up, the rep could only put in a request to re-send the letter, which I presume means my application was rejected, but might just be a request for more information, thereby delaying my funding of the account and making me miss the window. I had an account with citi a long time ago and this is reminding me why I left.