just got targeted for this offer and was wondering if anyone had DP on it, specifically if the $50K balance is actually required.
Based on reading posts on similar offers (AA or TYP), it seems not. But maybe cash payouts are different.
Here’s How it Works:
Open a new eligible checking and savings account in the Citi Priority Account Package during the offer period 07/01/2019 to 09/30/2019.
Within 30 days of opening your account, deposit $50,000 New-to-Citibank funds between the new checking and savings accounts.
Maintain a minimum balance of $50,000 between the checking and savings accounts for 60 consecutive calendar days.
After all required activities are met, the $600 bonus will be deposited to your account within 90 calendar days!
1 TERMS AND CONDITIONS
Eligibility
“Eligible Customers” are New-to-Citibank Customers.
Required Activities
To qualify to earn the $600 “Cash Bonus”, during the Offer Period, Eligible Customers must 1) enroll in this offer pursuant to the enrollment instructions provided by Citibank, 2) open a new consumer regular checking or interest checking account as first signer in The Citi Priority Account Package (“Eligible Checking Account”), and 3) open a new Citi Savings Account as first signer in the same Citi Priority Account Package (“Eligible Savings Account”). The Eligible Savings Account must be opened within 30 days of opening your eligible checking account. Eligible Customers must also 4) complete the following “Balance Requirements”. If Eligible Customers open their eligible accounts by any means other than those described, they will not be enrolled in this Offer and will not be eligible for the Cash Bonus.
Balance Requirements
An owner of either eligible account must make the “Minimum Deposit” of $50,000 or more in New-to-Citibank Funds into the new Eligible Checking Account and/or the new Eligible Savings Account within 30 days of New Checking account opening (multiple deposits allowed).
“Minimum Balance” of $50,000 must be maintained for 60 consecutive calendar days from the date the Minimum Balance is met. The Minimum Balance may be held in one or both of the eligible accounts. For example, a $50,000 balance in the Eligible Checking or Savings Account for 60 consecutive calendar days will fulfill the Minimum Balance requirement. In addition, balances of $10,000 in the Eligible Checking Account and $40,000 in the Eligible Savings Account for 60 consecutive calendar 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 that maintains a zero balance for 90 days is subject to closure in Citibank's sole discretion.
At the time the $600 Cash Bonus is paid, it will be credited to 1) your new Eligible Checking Account if both your Eligible Checking Account and Eligible Savings Account are open, 2) Eligible Checking Account if your Eligible Savings Account is closed, or 3) your new Eligible Savings Account if your Eligible Checking Account is closed. The Cash Bonus will be credited within 90 calendar days from the date you complete all Required Activities.
Applicable Fees
A monthly service fee of $30 applies to the checking account in The Citi Priority Account Package if a combined average monthly balance of $50,000 or more is not maintained. Fees could reduce account earnings. For all account pricing details please visit citi.com/compareaccounts.