Citi Priority Account $1500 Bonus

Citibank : Citi Priority Account

Bonus Amount
up to $1500
Account Type
Personal Checking
Available In Your Area?
Yes
Offer Expires In
Bonus Requirements
  1. Open a new Citi Priority Account using the link below.
  2. Within 20 days, deposit $15,000 into your new account to earn $300, $50,000 to earn $700, or $200,000 to earn $1,500.
  3. Maintain that balance for 60 days or more after the 21st day that the account was opened.
  4. Bonus will be credited to your open, eligible account within 90 calendar days after completing the requirements.
Other Details
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Available nationwide with the ability to open online, Citi is offering up to $1,500 when you open a new Citi Priority Account.

This is a tiered bonus based on the amount you're able to deposit and maintain in your new account. $15,000 in new funds will earn you $300; $50,000 will earn you $700; or $200,000 will earn you the full $1,500.

Depending on when you deposit the cash (it needs to be there by the 20th day), the bonus represents an effective rate of roughly 5-11% on your savings. The $300 offer nets you the best effective rate, but every offer is significantly more than what you can find on most savings accounts. So if you have the cash, this is a great way to put it to work, risk-free.

How To Earn The Bonus

The Citi Priority Account promotion requires you to deposit and maintain a minimum balance in order to earn the $1500 bonus. Full requirements to receive this bonus are:

  1. Open a new Citi Priority Account using the link below.
  2. Within 20 days, deposit $15,000 into your new account to earn $300, $50,000 to earn $700, or $200,000 to earn $1,500.
  3. Maintain that balance for 60 days or more after the 21st day that the account was opened.
  4. Bonus will be credited to your open, eligible account within 90 calendar days after completing the requirements.

The fine print

  • Must enroll in the offer by opening your account directly from the linked page, or by contacting a Citibank representative by phone and asking them to enroll you in the New to Citi Checking Cash Bonus Offer. If you open your account on citi.com by any other means than those described, you will not be eligible to earn the New to Citi Checking Cash Bonus Offer.
  • The balance on your 20th day will determine your maximum eligible cash bonus.
  • If you open your new checking account by calling Citibank at 1-833-382-0004 EXT. 1088 they will look at the 30th calendar day to determine your maximum bonus.
  • Must maintain your balance for an additional 60 days from the 21st day. Should you fall to a lower tier (even for 1 day) within that window, your maximum bonus will drop to that tier.
  • Not available to those who have owned a Citi checking account in the last 180 days.
  • Must be at least 18 years old.
  • Funds must be new to Citibank: funds deposited from external accounts or payees other than Citibank, N.A. and must be deposited using domestic ACH transfer, direct deposit, checks drawn on banks other than Citibank, N.A. or wire transfer.
  • Cash deposits, Citi Global Transfers, international ACH transfers, Zelle® transactions and person-to-person transfer services such as Apple Pay, PayPal®, and Venmo, and Zelle®, do not qualify as New-to-Citibank Funds.
  • You cannot use a Citi Accelerate Savings Account or a Citi Savings Account to maintain your balance as part of this offer and still be eligible to earn the bonus.
  • To remain eligible, your checking account must remain open and in good standing from the time it’s opened until you receive your bonus.

Why Citibank?

Citibank is headquartered in New York and has nearly 1,000 physical locations in the U.S. (and another 2,500 overseas). They're best known for their credit cards, but they offer just about every product you'd expect from a big national bank – covering banking, lending, investing, and wealth management.

What we really love about Citi is the consistent promotions, usually available nationwide. When you open a new account or credit card, Citi will very often give you bonus cash.

What's more, Citi promotions are often tiered. The low requirements make the offers accessible to most people, but even better, Citi will reward you big if you can meet the highest terms.

Citi Priority Account

Citi Priority gives customers more access to professional financial guidance.

With this account, you’ll be able to chat with Citi Priority Advisors at your local branch or over the phone. You’ll also have access to other investment resources and financial planning tools.

Like the Citibank® Account Package, you’ll qualify for ThankYou points, and get preferred pricing and rates on other services throughout the bank.

Citi Priority is a higher-tier checking account and any balance will currently earn you a standard APY of 0.03%.

Fees

Citi Priority Account does charge a monthly fee of $30, but there are ways to get this waived:

  • Maintain a combined average monthly balance of $50,000 in eligible linked deposit, retirement and investment accounts