CIT CHECKING OFFER EXPIRES 12/31
Just a reminder if you were interested and still thinking about the Citibank 40,000 point checking offer. You have a few days left before the offer expires on 12/31/2011. I am sure they will come out with another offer. I don’t know if it will be better or worse. No crystal ball here! Just giving you the info.
I didn’t do this one myself, but I was thinking maybe I would. Tough decision based upon my previous Citibank checking experience. Read more about that on this post. I don’t know if I’ll have to babysit this deal like I did the Citibank AAdvantage checking account deal. I might go for it and give it a try. Maybe it will be easier or may I’ll wait and see if something sweeter is offered after the first of the year. It’s really rolling the dice.
Here is the details again:
This is not a super easy deal. You have to really work for your points. Not a bad deal but just need to keep track of it.
Here are the steps to take to earn your points:
- Open Citigold Account (not regular which only gives 20,000 points)
- Deposit $500
- Within 45 days complete 1 direct deposit and 1 electronic bill payment. Continue this for another month. Total 2 months.
Terms & Conditions:
To qualify for 40,000 ThankYou® Points, open a new regular checking account in the Citigold® Account Package or to qualify for 20,000 Thank You Points, open a new regular checking account in The Citibank® Account Package by 12/31/2011 and within 45 days after account opening enroll the new checking account in Citi Thank You Rewards. Also within 45 days after account opening, complete 1 direct deposit AND complete 1 electronic bill payment from the checking account for 2 consecutive months. Qualifying bill payments are those using Citibank® Online, Citi Mobile or CitiPhone Banking®. A bill that is paid by making a transfer between linked accounts and/or transfer payments made to accounts within Citibank or to accounts with Citibank affiliates does not qualify as a bill payment for this offer.
There is a $30 monthly fee that from my experience was waived for the first two months. You can afford this fee if you hold other money with Citibank accounts. See chart below
If you have your mortgage with Citibank then you’ll probably be gold to get this monthly fee waived. Wish my mortgage was with them but since they do so many checking account points/miles deals. Mine is with Bank of America and you know see much with them at all.
Anyway, just wanted to give you this info as this could be a good deal for some. Takes a bit of work but the return of 40,000 points is not bad at all. If you want to get a better idea of what you can redeem with 40,000 Thank You points, check out their site here.
As always, if you have more questions or I can help you in anyway, please don’t hesitate to email me.