Citi® Savings Account $2000 Bonus

Citi : Citi® Savings Account

Bonus Amount
up to $2000
Account Type
Personal Savings
Available In Your Area?
No
Offer Expires In
Bonus Requirements
  1. Open a new Citi® Savings Account using the link below.
  2. Within 20 days, deposit $10,000 - $24,999 into your new account to earn $20; $25,000 - $49,999 to earn $50; $50,000 - $99,999 to earn $100; $100,000 - $249,999 to earn $200; $250,000 - $499,999 to earn $500; $500,000 - $999,999 to earn $1,000; or $1,000,000+ to earn $2,000.
  3. Maintain that balance for 60 days 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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Citi is offering up to $2,000 when you deposit cash to a Citi® Savings Account. The offer is available to both new and existing Citi® Savings account customers.

This is a tiered bonus based on the amount you're able to deposit and maintain in your new account:

  • $10,000 - $24,999 earns $20
  • $25,000 - $49,999 earns $50
  • $50,000 - $99,999 earns $100
  • $100,000 - $249,999 earns $200
  • $250,000 - $499,999 earns $500
  • $500,000 - $999,999 earns $1,000
  • $1,000,000+ earns the full $2,000

As you can see, you need quite a bit of cash and the reward amounts don't make this a worthwhile deal in our opinion.

How To Earn The Bonus

The Citi® Savings Account promotion requires you to deposit and maintain a minimum balance in order to earn the $2000 bonus. Full requirements to receive this bonus are:

  1. Open a new Citi® Savings Account using the link below.
  2. Within 20 days, deposit $10,000 - $24,999 into your new account to earn $20; $25,000 - $49,999 to earn $50; $50,000 - $99,999 to earn $100; $100,000 - $249,999 to earn $200; $250,000 - $499,999 to earn $500; $500,000 - $999,999 to earn $1,000; or $1,000,000+ to earn $2,000.
  3. Maintain that balance for 60 days 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 be at least 18 years old and a new or existing Citi customer.
  • Only customers who open in a branch or use a residential address in California, Connecticut, Nevada, New Jersey, New York, District Of Columbia, Virginia, Maryland or select markets in Illinois and Florida can qualify.
  • Citi® Accelerate Savings Accounts do not qualify for this offer.
  • Savings Accounts that are living trust accounts and custodial accounts are eligible, but fiduciary, estate, business, retirement (IRAs, SEPs, CESAs, money purchase pension plans and profit sharing plans), and other trust accounts will not qualify for this offer.
  • You can enroll online by clicking “enroll now” and following the instructions for online account opening or by contacting a Citi representative by phone or in a branch and asking the representative to enroll you in the Get Rewarded for Saving More Offer. However, if you open your account on citi.com by any other means you will be not be eligible to earn the Get Rewarded for Saving More Offer.
  • 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.
  • 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-Citi Funds.
  • To remain eligible, your savings account must remain open and in good standing from the time it’s opened until you receive your bonus.

Why Citi?

Citi is headquartered in New York and has around 2,600 locations worldwide (about 1,000 of those are here in the U.S.) and over 65,000 fee-free ATMs. Plus, so you really never need to worry about getting access to your cash.

Citibank is 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® Savings Account

The Citi® Savings Account is the bank's standard savings account and is only available in certain locations (for anywhere else, check out their HYSA Citi Accelerate).

The Citi® Savings Account can be linked to a checking account which can save cash in monthly fees, or opened as a standalone product.

Like most savings accounts these days, the interest rates aren't great. But Citi does offer features like automatic transfers with Auto Save, unlimited withdrawals, and instant transfers between Citi accounts.

Citi® Savings is currently available in CA, CT, DC, MD, NJ, NV, NY, VA and select markets in FL and IL.

Fees

Citi® Savings Account does charge a monthly fee of $4.5, but there are ways to get this waived:

  • Maintain an average monthly balance of $500.

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired or changed.