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Citi Priority Checking Account Bonus: $700 on $50K Deposit & More (New Accounts Only)
Citibank [citi.com] is offering cash bonuses on new Citi Priority Checking Accounts opened by Oct 4, 2021.
Bonus:
Bonus:
- $300 on $15,000 -> $49,000
- $700 on $50,000 -> $199,000
- $1,500 on $200,000 or more
- ***Must maintain an average minimum balance of $50,000 across eligible accounts to avoid a $30 monthly service fee.***
- Bonus will be reported to the IRS as interest to the first signer on the account.
- Must keep account open at least 60 consecutive days after funding the account.
- Clarification: do not close the account until AFTER receiving your bonus. "Your cash bonus will be deposited to your open, eligible account within 90 days after you complete all required activities." Thanks to onlycash for the tip.
- Must not have owned a Citi checking account in the last 180 days.
- More terms and conditions available on website (scroll down the page).
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34 Comments
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Credit card bonuses are not taxable. this is because they are not considered a gift ie. You earned the bonus through the spend. Personally for this reason, I only do credit card bonuses.
Credit card bonuses are not taxable. this is because they are not considered a gift ie. You earned the bonus through the spend. Personally for this reason, I only do credit card bonuses.
Pretty poor reasoning. Bank accounts don't ding your credit score.
Firebird, I disagree with you. In order to succeed in life you need a FICO score. bank accounts do not impact FICO scores. Credit cards is the primary way to build credit along with mortgage (and now rent). Credit card bonuses are larger and non taxable.
I have been burned by Citi multiple times. Be warned.
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The Welcome Checking Cash Bonus Offer is a checking offer. Checking Accounts may only be used to fulfill the Welcome Checking Cash Bonus Offer once per Offer Period. If you enroll in multiple checking account offers during an 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 an 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 can only participate in each checking account offer once per offer period. If you enroll in multiple checking account or savings account offers during the Offer Period, the requirements of each offer must be met separately.
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