Newest Citibank Promotions, Bonuses, Offers and Coupons: June 2022
Citibank is one of the biggest banks in the world. It has almost 700 branches in the United States and more than 1,800 branches in other countries. No matter where you live in the U.S., there’s likely to be a Citibank location or ATM near you.
Like many banks, Citibank offers promotions to attract new customers to the bank. Banks want your business and are willing to pay you for it. You can earn hundreds of dollars by signing up for a new account and following a few steps.
These Citibank promotions were selected because they represent the variety of bonuses Citibank customers can earn this month. They are also easy to earn as long as you qualify for the account. In most cases, you can earn the bonus cash just by using your account — no Citibank coupons required.
Best Citibank Checking and Savings Account Promotions
If you’re looking for free money for your checking account, you’ve come to the right place.
Citi Personal Checking Account Offer: Up To $1,500 Bonus
New customers who open a new checking account in an eligible account package can claim a bonus of up to $1,500 if they are able to meet the deposit minimum and maintain it for a period of 60 days. Eligible account packages include the Citigold Account Package, Citi Priority Package, Citibank Account Package or Basic Banking Package (regular checking only), so customers of all means should be able to find an account that works for them.
Cash value: Up to $1,500
Minimum deposit to qualify: $15,000
Expiration date: July 17
How to get it:
After opening a new checking account in an eligible package and enrolling in the offer directly from the offer page or with a Citi representative (either by phone or in-branch), deposit the qualifying amount within 20 days of opening the account. Your bonus amount will be determined based on the balance in your account on the 20th day. Tip: If you open a new Citi Savings Account in the same package as the checking account, the balance in your savings account will count toward the bonus requirements. The bonus tiers are as follows:
$15,000-$49,999: $300 bonus
$50,000-$199,999: $700 bonus
$200,000 or more: $1,500 bonus
After making the qualifying deposit within the first 20 days, maintain that minimum balance for a consecutive 60 days after the 21st day to receive the cash bonus. Refer to the offer for full terms and conditions.
When you’ll get it: Within 90 days of completing the required activities
Terms and conditions: You must not have held a Citi checking account in the past six months, be at least 18 years of age and meet the balance requirements described above with new-to-Citibank funds. Your account must be open and in good standing to receive the bonus.
Monthly fee: The monthly fees will vary depending on which account package you choose, but here are some examples of checking account fees and ways to avoid them:
Basic Banking Package: $12, waived if you maintain a combined monthly balance of $1,500 across eligible accounts or make one qualifying direct deposit and one qualifying bill payment per statement, or if you are 62 or older
Citibank Account Package: $25, or $0 if you maintain a minimum average balance of $50,000 across eligible deposit, investment and retirement accounts
Citi Priority Account Package: $30, or $0 if you maintain a minimum average balance of $50,000 across eligible deposit, investment and retirement accounts
Citigold Account Package: No monthly fee, but requires a combined average monthly balance of at least $200,000 in eligible linked deposit, retirement and investment accounts
Promotion page: Citi checking account bonus offer
Citigold Checking Account: Up To $1,500 Bonus
Citigold is Citibank’s premier offering, combining a checking and savings account with personal banking and wealth management services and tools. Account holders also get additional perks, such as travel benefits and no monthly service fees. And to top it all off, the bank is offering up to a $1,500 cash bonus for new customers who meet eligibility requirements. Here’s more:
Cash value: Up to $1,500
Expiration date: July 17
How to get it:
Open a new checking account in the Citigold Account Package through the offer page. Then, fund your account within 20 days of opening. The balance on the 21st day will determine your bonus amount. Tip: If you open a Citi Savings Account at the same time as the checking account, funds deposited in your new savings account will count toward the minimum balance requirements to earn a bonus.
You must maintain that minimum balance for a consecutive 60 days after the 21st day from account opening to receive the bonus. The bonus tiers are as follows:
$15,000-$49,999: $300 bonus
$50,000-$199,999: $700 bonus
$200,000 or more: $1,500 bonus
When you’ll get it: Within 90 days after completing required activities
Terms and conditions: You must be a new-to-Citibank checking customer and not have been a signer on a Citibank checking account within the past 180 days.
Monthly fee: None
Promotion page: Citigold checking account offer
Citi Savings Account: Up To $2,500 Bonus
If you live in New York, Connecticut, Maryland, Virginia, Washington, D.C., California, Nevada, New Jersey, Florida or Illinois and have a spare million lying around, you could be eligible to receive a whopping $2,500 in free cash from Citi. The bank is currently offering a series of bonuses depending on how much you save, incentivized for those with higher balances. Read on to find out more.
Cash value: Up to $2,500
Expiration date: July 17
How to get it:
Open a new Citi Savings Account and fund it with new-to-Citibank funds within 20 days of opening.
Then, maintain a minimum balance for 60 days to get the bonus. The minimum deposit and balance amounts and bonuses are as follows:
$10,000-$24,999: $25 bonus
$25,000-$49,999: $75 bonus
$50,000-$99,999: $125 bonus
$100,000-$249,999: $250 bonus
$250,000-$499,999: $625 bonus
$500,000-$999,999: $1,250 bonus
$1 million or more: $2,500 bonus
See the offer page for full terms and conditions.
When you’ll get it: Within 90 calendar days after completing required activities
Terms and conditions: New or existing Citibank customers are eligible for this offer provided they open a new savings account and follow the deposit minimums and reside in the eligible states (again, that’s New York, Connecticut, Maryland, Virginia, Washington, D.C., California, Nevada, New Jersey, Florida or Illinois). If you’re depositing more than $250,000, call to speak with a Citi representative. Your account must also remain open and in good standing through the period necessary to receive the funds (within 90 calendar days after completing the requirements).
Monthly fee: There is no fee for the Citi Savings Account, but the associated checking account may incur fees, depending on the average balance and the type of account.
Promotion page: Citi Savings Account bonus offer
Best Business Account Promotions
Beginning your business checking relationship with Citibank comes with a boost, provided you’re able to get to a branch location.
Citibank Business Checking: Up To $2,000 Bonus
Citibank is offering new business checking customers the opportunity to earn some bonus cash with a new checking account. Three account types are eligible, suitable if you have a small business, need flexibility or are on the larger side with more transactions and bigger deposits.
Cash value: Up to $2,000
Minimum deposit to qualify: $5,000
Expiration date: July 5
How to get it:
To get this offer, you must open a new business checking account in a branch (branches are located in California — Los Angeles, Orange County, Riverside, San Diego and San Francisco are all represented, plus Miami, Chicago, Baltimore, Las Vegas, New York City and Washington, D.C.). You can fill out the form on the offer page to get connected with a business specialist. The eligible accounts are Citi Business (Analyzed), Streamlined or Flexible Checking.
Then, fund your account within 30 days of opening and maintain that balance for 60 days. The balances and corresponding bonuses are as follows:
$5,000 balance: $200 bonus
$15,000 balance: $500 bonus
$25,000 balance: $700 bonus
$50,000 balance: $1,000 bonus
$100,000 balance: $1,500 bonus
$200,000 balance: $2,000 bonus
When you’ll get it: Within 90 days from the end of the month in which you complete the requirements
Terms and conditions: The deposits must be in new-to-the-bank funds, and the account holder must not have already held a Citi business checking account within 180 days of opening the new eligible account. The offer is not transferable and can’t be combined with any other offer.
Monthly fee: The fees for Citi’s business checking accounts are as follows:
Citi Business Streamlined: $15, waived by keeping a monthly balance of $5,000
Citi Business Flexible: Ranges between $22-$30 depending on location, waived by keeping a monthly balance of $10,000
Citi Business Analyzed: $24
Promotion page: Citibank business checking offer
Best Citi Credit Card Promotions
Citibank is known for its credit cards. Read on for the best current offers that will have you raking in the rewards.
Citi Premier Card: 60,000 Bonus Points ($600 Value)
The Citi Premier credit card was designed for travelers. You’ll earn triple points on purchases made at restaurants, supermarkets and gas stations and on air travel and hotels. The card also comes with an annual hotel benefit and no foreign transaction fees. Open a new card and start using it to earn 80,000 bonus points. Here’s more:
Cash value: $600
Minimum spend to qualify: $4,000
Expiration date: None
How to get it: Spend $4,000 within the first three months of account opening.
When you’ll get it: At the end of the billing cycle
Terms and conditions: Not available if you’ve received a new cardmember bonus on another Citi card
Annual fee: $95
Promotion page: Citi Premier Card bonus offer
Citi Rewards+ Card: 20,000 Bonus Points ($200 Value)
This unique rewards card rounds up to the nearest 10 points with every purchase. You also earn double points at supermarkets and gas stations for the first $6,000 you spend each year. New cardholders also earn bonus points when they use their new account. Here’s more on this Citibank offer:
Cash value: $200
Minimum spend to qualify: $1,500
Expiration date: None
How to get it: Open a Citi Rewards+ credit card. Use it to spend $1,500 within the first three months of account opening.
When you’ll get it: After the close of the billing cycle
Terms and conditions: Not available if you’ve received a new cardmember bonus on another Citi card or if you have closed another Citi rewards card in the past 24 months
Annual fee: None
Promotion page: Citi Rewards+ Card bonus offer
CitiBusiness/AAdvantage Platinum Select Mastercard: 65,000 Bonus Miles ($650 Value)
If you frequently travel for business, you can put the CitiBusiness/AAdvantage Platinum Select Mastercard to good use. You’ll enjoy perks like preferred boarding and savings on air travel while earning AAdvantage miles for every dollar you spend. New customers can earn an additional 65,000 bonus miles after opening a new account. Here are the details:
Cash value: $650
Minimum spend to qualify: $4,000
Expiration date: None
How to get it: Spend $4,000 in the first four months after account opening.
When you’ll get it: Eight to 10 weeks after meeting requirements
Terms and conditions: The offer is not available to those who received a new account bonus from CitiBusiness or AAdvantage Platinum Select in the past four years. Accounts are subject to approval.
Annual fee: $99, waived the first year
Promotion page: CitiBusiness/AAdvantage Platinum Select Mastercard bonus offer
Other Citi Offers
Citibank is currently offering a promotion that may interest those looking to get into the real estate market.
Citi Mortgage Relationship Pricing: $500 Closing Cost Credit
If you have a Citi checking account, you qualify for the Mortgage Relationship Pricing program. You’ll earn credit at closing or get a discount on the mortgage’s interest rate. Here’s how:
Cash value: $500 if your account balance is below $50,000; interest rate discount applies if your account balance is $50,000 or higher
Minimum deposit to qualify: $1
Expiration date: None
How to get it: Set up automatic mortgage payments from your Citi checking account.
When you’ll get it: At closing
Terms and conditions: To earn the bonus, you must set up automatic mortgage payments from your Citibank deposit account. To enroll in the program, you must speak to a representative.
Annual fee: None
Promotion page: Citi Mortgage Relationship Pricing bonus offer
Should You Switch to Citibank?
Citibank has plenty to offer when it comes to banking and branch availability, a variety of different accounts and products, and online and mobile banking options. If you can earn one of the top Citibank bonuses, it may be worth switching to Citibank and getting the bonus cash.
However, if you prefer a smaller bank with lower fees and lower minimum deposits, you’ll probably want to look elsewhere. You can explore your options by checking out the newest promotions, bonuses and offers available at other banks.
Julia Gordon and Levi Leidy contributed to the reporting for this article.
Information on promotions is accurate as of June 2, 2022. Additional requirements may apply. Offers and terms are subject to change. For the most up-to-date information on an institution or its accounts, visit its website.
Editorial Note: This content is not provided by Citibank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been endorsed by Citibank.
This article has been updated with additional reporting since its original publication.
This article originally appeared on GOBankingRates.com: Newest Citibank Promotions, Bonuses, Offers and Coupons: June 2022
