Get a $500 bonus by opening a new Citizens Bank savings account! Deposit $10,000 for 5 months. Learn how to qualify for this lucrative offer today.
Key Takeaways
- Earn a $500 bonus by depositing $10,000 into a new savings account for 5 months. A $250 bonus is available for deposits of $5,000.
- Open your account between April 17, 2024, and April 30, 2024.
- Bonus payout requires account to remain open with the minimum required balance until September 30, 2024.
- Offer applies to savings accounts only; excludes money markets, CDs, and Citizens Access accounts.
Introduction
Are you looking to boost your savings this year? Citizens Bank is offering an exclusive opportunity that might just be what you need. With a chance to earn up to $500 just by depositing funds into a new savings account, this offer combines a substantial reward with the simplicity of saving.
Ready to take advantage? Open your new account between April 17 and April 30, 2024, deposit the required amount, and watch your savings—and rewards—grow.
See the bottom of this page for more offers.
Citizens Bank Bonus Offer
- What you’ll get: $250 or $500
- Where it’s available: CT, DE, FL, MA, MD, MI, NH, NJ, NY, OH, PA, RI, VT, VA, and D.C.
- How to earn it:
- Open Accounts:
- Open or have a personal checking account between April 17, 2024, and April 30, 2024.
- Open or have a personal savings account during the same period.
- Deposit Funds:
- Deposit $5,000-$9,999.99 for a $250 bonus, or $10,000 or more for a $500 bonus.
- Ensure deposits are made between April 17, 2024, and April 30, 2024, into one of your savings accounts.
- Maintain Balance:
- Keep the deposited amount in the savings account until September 30, 2024.
- Open Accounts:
- When it expires: 4/30/24
Waive The Monthly Fee
- Quest Checking Account: Ensure you have a Quest checking account to avoid any monthly fees on the associated savings account.
- One Deposit Savings Account:
- Maintain a minimum daily balance of $200 to waive the monthly maintenance fee.
- No monthly maintenance fee if you are under 25 or over 65 years old.
- Automatically receive a waiver on the first 4 monthly maintenance fees.
READ MORE: GET TOP OFFERS FROM CHASE, AXOS, BANK OF AMERICA AND BMO.
Fine Print
- To Earn Bonus: You must, 1) have an existing personal checking account or open your first new personal checking account between 4/17/24 and 4/30/24 and, 2) have an existing personal savings account or open your first new personal savings account between 4/17/24 and 4/30/24 and have the required minimum total deposit (with money not currently on deposit with Citizens) post to one savings account between 4/17/24 and 4/30/24.
- For account holders with more than one savings account, the minimum total deposit amount must be made into a single savings account and funds must then remain on deposit until September 30, 2024. Deposits between $5,000-$9,999.99 will receive a $250 bonus or deposits of $10,000 or more will receive a $500 bonus.
- Qualifications: Your new or existing accounts must have a balance greater than zero and remain open and active through the payout date stated in the table below to qualify for this offer. Savings account must maintain the required balance until September 30, 2024. Money market accounts, CDs, and Citizens Access accounts are excluded.
- Eligibility: Customer will be paid only one, one-time bonus for this program. Only one savings account is eligible for a bonus. Offers may be withdrawn without notice. Offer eligibility is determined at Citizens’ sole discretion.
- Payout: Bonus will be deposited to the checking account by the date stated in the table below and will be labeled as “Balance Builder Bonus”. If your checking account is closed prior to payout date stated in the table below, then your savings account will also no longer be eligible for this offer. Bonus will be reported to the IRS for income tax purposes.
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Our Take On the Bank Offer
The Citizens Bank promotion offers a compelling incentive for both new and existing customers to increase their savings. If you live in their service area, we think you should definitely consider taking advantage of this offer.
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By John Huynh, with over two decades in finance and investing, including as a Senior Finance & Operations Manager at a renowned research institute and degrees in Economics and International Studies from UC Irvine. Edited by Tony Jay, an experienced finance blogger and Executive Editor with two decades in banking, specializing in online banking and savings strategies. Tony holds a doctorate from Tulane University.