1 Terms and Conditions
All applicable account terms, fees, and charges are subject to change.
Who is eligible for this offer?
“Eligible Customers” are New-to-Citibank customers who (1) enroll in Citibank’s $400 Checking and Savings Offer, (2) open a new Eligible Checking Account, (3) open a new Eligible Savings Account, (4) are at least eighteen (18) years of age, and (5) have a valid W-9 or W-8 BEN on file with Citibank and are not subject to back-up withholding.
“New–to–Citibank” customers are customers who have not been an owner of a Citibank checking account within the last 180 calendar days. Fiduciary, estate, business and or trust accounts are not eligible for the $400 Checking and Savings Offer even if they otherwise meet the definition of Eligible Checking Account or Eligible Citi Savings Account. However, trust accounts that are a Living Trust and Custodial accounts are eligible. All accounts subject to approval.
What is being offered in this Cash Bonus offer?
If you are an Eligible Customer, enroll in the $400 Checking and Savings Offer, and fulfill required activities (see required activities below), you can earn a $400 “Cash Bonus” which will be credited to your new Eligible Checking Account within ninety (90) calendar days from the date you complete all required activities.
At the time the Cash Bonus is credited to your Eligible Checking Account, your new Eligible Checking Account and new Eligible Savings Account must both be open and in good standing. PLEASE NOTE: Accounts which have a zero balance for ninety (90) days are subject to closure and will not meet the requirements of this offer.
After I open my account and enroll in the $400 Checking and Savings Offer, are there any applicable fees?
A monthly service fee of $25 and a $2.50 non-Citibank ATM fee apply to checking accounts in The Citibank Account Package if a combined average monthly balance of $10,000 or more is not maintained.
Fees could reduce account earnings.
For all account pricing details please visit citi.com/compareaccounts.
If I am eligible, how do I enroll in this promotion?
Between April 1, 2018 and June 30, 2018 (“Offer Period”), Eligible Customers can enroll in the $400 Checking and Savings Offer by visiting a Citibank branch or calling Citibank and asking a Citibank Representative to enroll you using the instructions indicted in your direct communication. Eligible Customers also can enroll by clicking “Apply Now” on the Citibank link for this offer and following and completing the online process which will include entering a unique invitation code. Enrollment and participation in this promotion does not guarantee eligibility.
Important Tax Information: The bonus will be reported to the IRS as interest, in the year received, as required by applicable law. Bonus payments received by U.S. persons will be reported on IRS Form 1099-INT for the year received. Bonus payments received by non-U.S. persons will be reported on IRS Form 1042-S for the year received. Customer is responsible for any applicable taxes and consulting a tax advisor. To be eligible for the bonus, U.S. Persons must furnish Citibank with a valid IRS Form W-9 (Request for Taxpayer Identification Number and Certification). Foreign Individuals must furnish a valid IRS Form W-8BEN (Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals), and the account holder must not be subject to backup withholding.
Accurate as of 03/06/2018 in all markets an Interest Checking account opened in The Citibank Account Package paid an Annual Percentage Yield (APY) of 0.01%. The APYs paid as of 03/06/2018 for the Citi® Savings Account in The Citibank Account Package are: SD: 0.04% for a balance of $10,000.00 to $24,999.99; NJ, CT:0.04% for a balance of $10,000.00 to $24,999.99; CA, FL, NV: 0.04% for a balance of $10,000.00 to $24,999.99; MD, VA, DC: 0.04% for a balance of $10,000.00 to $24,999.99; IL: 0.04% for a balance of $10,000.00 to $24,999.99.
APYs are variable and subject to change without notice after the account is opened.
After enrollment, how do I qualify to earn the Cash Bonus for this checking offer?
To qualify to earn the Cash Bonus, you must enroll in this promotion. See “If I am eligible, how do I enroll in this promotion?”
Eligible Customers must open a new consumer regular checking or interest checking account in The Citibank Account Package as first signer (“Eligible Checking Account”) and open a new Citi Savings Account as first signer (“Eligible Savings Account”) during the Offer Period and complete the following required activities within thirty (30) days of opening the new Eligible Checking Account:
Make a deposit of $15,000 or more (in one, or more than one, deposit) in New-to-Citibank funds into 1) the new Eligible Checking Account and/or 2) the new “Eligible Savings Account”, and maintain a minimum balance of $15,000 for sixty (60) consecutive calendar days following the date when you made the $15,000 deposit (“Minimum Balance”).
The Minimum Balance may be held in one of the eligible accounts or in a combination of the eligible accounts. For example, a $15,000 balance in the Eligible Checking Account for sixty (60) days will fulfill the Minimum Balance requirement. In addition, balances of $10,000 in the Eligible Checking Account and $5,000 in the Eligible Savings Account for sixty (60) days will also fulfill the Minimum Balance requirement. If you choose to keep your entire Minimum Balance in one account, however, please note any account which maintains a zero balance for ninety (90) days is subject to closure in Citibank’s sole discretion. You will not fulfill offer requirements if one of your eligible accounts is closed at the time the Cash Bonus is paid.
New-to-Citibank funds are funds not held at Citibank or its affiliates. This offer may be modified or withdrawn at any time without notice. Speak with a Bank representative for more details.
Can I enroll in multiple savings and checking account offers?
Yes, with the following limitations. The $400 Checking and Savings Offer is a checking account offer. Customers are limited to one checking account offer during the Offer Period. If you enroll in multiple checking account offers during the Offer Period and fulfill multiple checking account offers in the same month, you will be awarded the offer with the highest bonus value. If you enroll in multiple checking account offers during the Offer Period and fulfill multiple checking account offers across different months, you will be awarded the bonus of the first checking offer to qualify. Customers may be enrolled in a Citibank checking offer and savings offer during the same offer period unless expressly prohibited; however, each offer must be funded separately. Fiduciary, estate, business, and trust accounts that are not Living Trusts, are not eligible for this Checking Account Offer, even if the account otherwise meets the definition of Eligible Checking Account.
2 Claim is based on locations in the United States where customers can make cash withdrawals with no surcharge (usage) fee by the ATM operator. Citibank customers can get cash, get information and make transfers between their eligible linked Citibank accounts with no surcharge fee when they use their Citibank® Banking Card at ATMs in the U.S. located at Citibank branches, ATMs at select retail store locations, and ATMs participating in the MoneyPass® Network. ATMs in retail stores and at other non-Citi locations are not owned or operated by Citibank and offer fewer functions. Use the Citi Worldwide ATM/Branch Locator on Citibank Online or the Citi Mobile® App to find the nearest ATMs and branches, including non-Citibank ATMs in the U.S. with surcharge free access.
MoneyPass is a registered trademark of U.S. Bank National Association.
3 Separate enrollment of eligible consumer checking account in Citi ThankYou® Rewards required. Eligible customers with a checking account in the Citi Private Bank Account, Citigold Account, Citi Priority Account or The Citibank Account Packages can enroll their checking accounts in ThankYou Rewards. Eligibility and participation are subject to terms, conditions and restrictions. Customer must be a citizen or resident alien of the United States (US.) with a valid US. taxpayer identification number. Taxes, if any, are customer's responsibility. You must complete 1 qualifying Bill Payment and 1 qualifying Direct Deposit each statement period in order to earn monthly ThankYou® Points for eligible products and services linked to your checking account. Citigold®, Citi Priority and Citi Private Bank clients who do not complete these transaction requirements can earn points at a reduced level. For complete details, see the Citi ThankYou® Rewards Terms and Conditions.
4 A monthly service fee of $25 applies to the checking account in The Citibank Account Package and a $2.50 non-Citibank ATM withdrawal fee if combined average monthly balance requirements are not maintained. For all account pricing details please visit citi.com/compareaccounts.
5 Citibank does not charge you a fee for using the Mobile Check Deposit service. However, charges from your wireless carrier may apply. Regular account charges apply. The Mobile Check Deposit service is for personal checking accounts only and is subject to eligibility limits and other restrictions apply.
8 Claim based on ranking of national banks from American Customer Satisfaction Index 2016 and 2017 Retail Banking Survey. Learn more at http://theacsi.org.
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