Anyone have experience with Citi Bank Checking

Quote from 1stbuy : Never been a CitiBank B&M customer. However, sounds like they are just as sleazy as the other big banks. I'm wondering why people prefer dealing with big banks at all, as opposed to smaller local banks. Any input? I'm with BoA and I never really thought about it, but maybe that might be better.

Its not sleazy when you agree to terms and conditions without actually reading them or are unable to follow account miminums. Banks are a business and need to collect fees and make money like any business. Its this mentality of Americans that they are somehow owed something, a sense of self entitlement. Everything should be free to them and when it isnt they can perform unethical behavior to get what they are 'owed'

Personally im fine with Bank of America in 17 years as a customer ive never had a single issue with them and they conveniently have a branch wherever I happen to be and many atms.

I would only really be opening this for the bonus as i do with creditcards and will follow the terms and conditions they have set to get that bonus. I doubt ive even seen a B&M branch for Citibank here.



Is 40,000 the best offer they give on new account opening ?

I did a Citi offer for $250 and closed the account after however long I was required to have it open. It was like pulling teeth to get the money from them once I fulfilled the requirements so be prepared for that. I didn't plan to use it as my everyday account so I can't comment on how good it is.

The dollar amount I earned is less than some of the offers you see from them because I had an account with a much lower minimum.

Quote from Scampsters : Its not sleazy when you agree to terms and conditions without actually reading them or are unable to follow account miminums. Banks are a business and need to collect fees and make money like any business. Its this mentality of Americans that they are somehow owed something, a sense of self entitlement. Everything should be free to them and when it isnt they can perform unethical behavior to get what they are 'owed' Personally im fine with Bank of America in 17 years as a customer ive never had a single issue with them and they conveniently have a branch wherever I happen to be and many atms.

Do you work for BoA or are you heavily invested in them? You're clearly in a minority that publicly supports them and their methods. It sounds like you're talking about the overdraft fees debacle. I could care less about that. I've had much worse problems with them, that ate up my actual time in person. To avoid those headaches I'd gladly pay $35 every now and then, they can call it the "No Fark-ups Fee".

Considering that I am a first generation American myself, I can't even comprehend the words 'self-entitlement'. My parents put in the time, and now I'm putting in my time. My kids...well they'll be a different story.

We've been customers of the same branch for 24 years now (17 years? ). Only problem is somewhere in the late 90s NationsBank acquired BankAmerica to become BoA. Since then it was all downhill.

I deposited a check once, a sizeable amount, even got a brand new receipt. Money never came through. I had to open an investigation with them to determine what the hell happened to the money. For almost a month I had no clue what happened, and kept getting the run around. Then I finally find out they deposited the money into someone elses account with the same last name but a different first name. You're right, not sleazy, just plain stupid.

I have several other stories regarding ignored secure message requests and completely closing of one of my accounts with no explanation at all while I was away overseas and as a result had no way of accessing any funds until I returned to the US.

That being said, I'm still going to look into the CitiBank offer for 40k miles, unless they are sleazy and value them at like $2000.

Quote from 1stbuy : Do you work for BoA or are you heavily invested in .

If heavily invested means i have no reason to find another bank that could potentially cause me headaches than i guess i am heavily invested.

Quote from 1stbuy : You're clearly in a minority that publicly supports them and their methods..

Id love to see these statistics because they dont seem to be closing their door because of a lack of customers anytime soon. People always like complain and whine about everything where ever they can doesnt mean they are the majority. Infact people are happy with a brand or product generally dont post. I guess im in the minority who post when something is good

Quote from 1stbuy : It sounds like you're talking about the overdraft fees debacle. I could care less about that. I've had much worse problems with them, that ate up my actual time in person. To avoid those headaches I'd gladly pay $35 every now and then, they can call it the "No Fark-ups Fee"...

Was i specfically addressing you - I was referring to the people who say something sucks with no reason given

Quote from 1stbuy : Considering that I am a first generation American myself, I can't even comprehend the words 'self-entitlement'. My parents put in the time, and now I'm putting in my time. My kids...well they'll be a different story. "...

Not sure what your generation or how long you lived here has to do with it but ok
.

Quote from 1stbuy : We've been customers of the same branch for 24 years now (17 years? ). Only problem is somewhere in the late 90s NationsBank acquired BankAmerica to become BoA. Since then it was all downhill.

confused by this bit

Quote from 1stbuy : That being said, I'm still going to look into the CitiBank offer for 40k miles, unless they are sleazy and value them at like $2000.

Great that you are but i wasnt directing anything at you. I was responding to your question about why people deal with big banks.

Unless your keeping your money under your mattress id assume its in a credit union which in itself have issues.

There's a new thread with your name written all over it: http://slickdeals.net/f/4856776-b...st51527852

Quote from Scampsters : Was i specfically addressing you - I was referring to the people who say something sucks with no reason given

Riiiiiight.

Quote from Scampsters : Its not sleazy when you agree to terms and conditions without actually reading them or are unable to follow account miminums.

Quote from Scampsters : Id love to see these statistics because they dont seem to be closing their door because of a lack of customers anytime soon. People always like complain and whine about everything where ever they can doesnt mean they are the majority. Infact people are happy with a brand or product generally dont post. I guess im in the minority who post when something is good

Well you asked for it. Let us discuss after you check it out. And please do bring any statistics to the table to keep this legit and informative for others also reading the thread.

http://www.jdpower.com/content/pr...-study.htm

For further statistics...please refer to BoA's stock price over the past 5 years.

I'm not even sure what my post had in it for you to provoke the topic of self-entitlement. Further, I fail to see how customers in general - deserve or feel that they are owed anything beyond what is fair or reasonable?

Not that I've ever really been affected, but you don't think hiding stuff in fine print Terms & Conditions is sleazy? The way some of the rules are set up, and the way terms & conditions can change anytime is as sleazy as it gets. Terms & Conditions are a cop-out for any corporation.

Quote from cgigate : no 1099 will send. i had 40000 points offer last year.

Hi cgigate,

In my post I stated that Citibank will issue a 1099 to anyone who "cashes out" $600 or more of AA miles or TYP in a calendar year. Even though you earned 40K TYP you apparently did not "cash them out" for an award (e.g. gift cards) last year.

One trick is to limit how many TYP you cash out per year. As long as you keep it under $600 then you won't receive a 1099 MISC.

In the case of AA mile bonuses, they are deemed "cashed out" the moment they are transferred to your American Airlines account.

I have no experience with Citi Bank cause i haven't any account in this bank.But one of my cousin has a account in this bank in that case i had a little bit experience with this bank.