Author Topic: Citi Priority Checking 50k Mail offer  (Read 6615 times)

Offline chayal101

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Citi Priority Checking 50k Mail offer
« on: February 28, 2019, 12:02:27 AM »
I got this offer in the mail. Terms seem pretty simple & straightforward. What's the catch??
Chaya L.

Offline chayal101

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Re: Citi Priority Checking 50k Mail offer
« Reply #1 on: February 28, 2019, 12:03:42 AM »
Wow! I started a new Topic!! I get 100 Kin!!
Chaya L.

Offline AussieMan

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Re: Citi Priority Checking 50k Mail offer
« Reply #2 on: February 28, 2019, 07:17:21 AM »
I got this offer in the mail. Terms seem pretty simple & straightforward. What's the catch??
Is it for regular checking or some premium account with high monthly fees?

Offline Aerial Dag

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Re: Citi Priority Checking 50k Mail offer
« Reply #3 on: February 28, 2019, 08:44:48 AM »
Just be aware that citi sends out 1099s on some of their TYP bonuses. Might be only for 60k bonus though.

Offline chayal101

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Re: Citi Priority Checking 50k Mail offer
« Reply #4 on: February 28, 2019, 10:04:59 AM »
Is it for regular checking or some premium account with high monthly fees?
Had time to read the fine print... Looks like a monthly fee of $30 if a 50k monthly balance is not maintained.... I've never closed a bank account yet. I have Chase and Santander. How terrible is it to open this bank account and close after 6-12 months? Will it affect my credit?
Chaya L.

Offline chayal101

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Re: Citi Priority Checking 50k Mail offer
« Reply #5 on: February 28, 2019, 10:05:56 AM »
Fine print:
Chaya L.

Offline New Yorker

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Re: Citi Priority Checking 50k Mail offer
« Reply #6 on: February 28, 2019, 10:16:03 AM »
Open Citi Gold with no fees, after 2-3 months they'll downgrade you.

Keep in mind banking TY points are not transferable to airlines. If you have a Prestige & premier card you can redeem @ 1.25 for flights, or cash out at 1cpp

Also, check your citi online account. I see a targeted offer for 60k aadvantage miles, if you rather take that
« Last Edit: February 28, 2019, 10:19:17 AM by New Yorker »

Offline chayal101

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Re: Citi Priority Checking 50k Mail offer
« Reply #7 on: February 28, 2019, 10:18:20 AM »
Open Citi Gold with no fees, after 2-3 months they'll downgrade you.

Keep in mind banking TY points are not transferable to airlines. If you have a Prestige & premier card you can redeem @ 1.25 for flights, or cash out at 1cpp
It's an offer for citi priority, not gold... (looks like they have different levels of this offer...) I have the citi premier card , can't I sell then for same amount at around 1.3?
Chaya L.

Offline New Yorker

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Re: Citi Priority Checking 50k Mail offer
« Reply #8 on: February 28, 2019, 10:21:37 AM »
It's an offer for citi priority, not gold... (looks like they have different levels of this offer...) I have the citi premier card , can't I sell then for same amount at around 1.3?

You can open a gold account and get 60k points, read the mailer again

Can't sell these points, no way around it

See here https://forums.dansdeals.com/index.php?topic=12061.0
« Last Edit: February 28, 2019, 10:30:00 AM by New Yorker »

Offline chayal101

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Re: Citi Priority Checking 50k Mail offer
« Reply #9 on: February 28, 2019, 10:51:05 AM »
You can open a gold account and get 60k points, read the mailer again

Can't sell these points, no way around it

See here https://forums.dansdeals.com/index.php?topic=12061.0
Thanks, see below invitation specifically for Citi Priority. So offer still worth $500 for spending only $750...
Chaya L.

Offline mendyt

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Re: Citi Priority Checking 50k Mail offer
« Reply #10 on: February 28, 2019, 10:52:28 AM »
I did it a few months ago but didnt even get the points.
I opened the account online and they flagged it for fraud  after I deposited my first pay check, the check was on hold for more than 2 weeks IIRC, by the way I found their reps to be very unhelpful, was thrown from one to the other like a ball, and this is priority where you are supposedly getting better service.
It was schlepping around so long and I miscalculated the time frame and missed the bonus. I closed the account at the end.

Offline New Yorker

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Re: Citi Priority Checking 50k Mail offer
« Reply #11 on: February 28, 2019, 11:07:17 AM »
Thanks, see below invitation specifically for Citi Priority. So offer still worth $500 for spending only $750...

See other side

Offline yosefsv

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Re: Citi Priority Checking 50k Mail offer
« Reply #12 on: February 28, 2019, 11:25:45 AM »
You can open a gold account and get 60k points, read the mailer again
+1
If it benefits even just one fellow DDFer, its worth posting it.

Offline hvaces42

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Re: Citi Priority Checking 50k Mail offer
« Reply #13 on: February 28, 2019, 11:28:22 AM »
My son got 50k TYP offer, My daughter go 50k AA offer. Applied for Gold 60k.
Fair warning - Any PMs sent in response to forum posts are fair game for ridicule in public.

Offline LoLo

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Re: Citi Priority Checking 50k Mail offer
« Reply #14 on: February 28, 2019, 04:11:20 PM »
Open Citi Gold with no fees, after 2-3 months they'll downgrade you.
Where did you get the 2-3 months timeframe from?

Offline New Yorker

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Re: Citi Priority Checking 50k Mail offer
« Reply #15 on: February 28, 2019, 04:51:00 PM »
Where did you get the 2-3 months timeframe from?

My own experience × 4

Offline chayal101

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Re: Citi Priority Checking 50k Mail offer
« Reply #16 on: February 28, 2019, 04:51:57 PM »
My own experience × 4
Do you feel this is a lucrative offer?
Chaya L.

Offline New Yorker

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Re: Citi Priority Checking 50k Mail offer
« Reply #17 on: February 28, 2019, 04:54:39 PM »
I did it a few months ago but didnt even get the points.
I opened the account online and they flagged it for fraud  after I deposited my first pay check, the check was on hold for more than 2 weeks IIRC, by the way I found their reps to be very unhelpful, was thrown from one to the other like a ball, and this is priority where you are supposedly getting better service.
It was schlepping around so long and I miscalculated the time frame and missed the bonus. I closed the account at the end.

Had the same thing, it takes two weeks for the check to clear and the account is frozen meanwhile. Don't deposit checks.

Offline New Yorker

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Re: Citi Priority Checking 50k Mail offer
« Reply #18 on: February 28, 2019, 04:57:41 PM »
Do you feel this is a lucrative offer?

It's one of the better checking offers, but some people stay away from banking bonuses.

Offline chayal101

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Re: Citi Priority Checking 50k Mail offer
« Reply #19 on: February 28, 2019, 04:59:40 PM »
It's one of the better checking offers, but some people stay away from banking bonuses.
I know citi costumer service sucks... And I would be hesitant to just open a new checking account... We'll think about it.
Chaya L.