Citigold

[queensdeals]

Anyone involved with CitiGold?
I wanna know everything relevant to CitiGold.
Is it worth it?
I know you need 100,000 on hand...a lot!

When looking into it, a question prompted by citibank is...

Which free card would you like?
 Citibank® Debit MasterCard® from Citigold® with ThankYou Network
 Citibank® / AAdvantage® Debit card from Citigold®
 Citibank® Debit MasterCard® from Citigold®

...any thoughts?

Also, any other interesting benefits worth noting on citigold?

[Daniel]

You can get 20,000 AA miles with the current offer, but why would you blow $100K in a checking account. You can make much more in a CD or even a money market.

Anyone involved with CitiGold?
I wanna know everything relevant to CitiGold.
Is it worth it?
I know you need 100,000 on hand...a lot!

When looking into it, a question prompted by citibank is...

Which free card would you like?
 Citibank® Debit MasterCard® from Citigold® with ThankYou Network
 Citibank® / AAdvantage® Debit card from Citigold®
 Citibank® Debit MasterCard® from Citigold®

...any thoughts?

Also, any other interesting benefits worth noting on citigold?

[Dan]

The $100K can be in a CD, money market, etc.
It doesn't need to be in a checking account.

And Citi will waive the fees on almost every Citi credit/debit card with Citigold.
Checks are free.
You also basically never pay a fee with Citigold, even if a check bounces, etc.

[Daniel]

Still don't you think there's a better place for 100k?

The $100K can be in a CD, money market, etc.
It doesn't need to be in a checking account.

And Citi will waive the fees on almost every Citi credit/debit card with Citigold.
Checks are free.
You also basically never pay a fee with Citigold, even if a check bounces, etc.

[Dan]

Still don't you think there's a better place for 100k?

Depends how risk-averse you are.
Where would you put $100K?

[Daniel]

Depends how risk-averse you are.
Where would you put $100K?

This is a whole other post, but considering the market now either real estate or some mutual funds

[Daniel]

Also, there are some great deals when opening up brokerage accounts with 100K

[Dan]

This is a whole other post, but considering the market now either real estate or some mutual funds

Like I said, it all depends how risk-averse you are.

[mancunian]

i tried to open one but they screwed up on the promotion, i just decided to go with the chase premier - why dont you - just make 5 purchases on your bus. debit card a month and its free. are the benefits much better w/ citi than chase?

[silverfaxmachine]

The main benefit is their exceptional customer service and no fees!! If you have 6 citi credit cards you save all your annual fees. It even includes Diners for those that know what that is. Also you don't need $100k for the first six months. After that you can either close your account and open a new one and get another 6 months or pay $25 monthly it still worth saving your annual fees in some cases plus you get good service!!

[Dan]

Citigold is lowering the required balance to $50,000.

With it you get
-Waived fees for most premium banking services (Free checks, free overdraft transfers, free bounced checks, free stop payments, free money orders, no forex on ATM/Debit, etc.)
-Waived annual fees on Citi cards (AA, Diners, Thank You, etc)
-Bonus monthly thank you points for having the account
And more... https://online.citibank.com/US/JRS/pands/detail.do?ID=Citigold

[AsherO]

It even includes Diners for those that know what that is.

Are you saying the fees are waived on diners or if I join citigold I can get a diners club?

[Dan]

Are you saying the fees are waived on diners or if I join citigold I can get a diners club?

Fees are waived on Diners.
I don't think you can apply for one now though no matter what.