Citibank has recently release a great checking account bonus. Citibank checking account bonus offers have been around for years not only for American Airlines miles but also Thank You points and cash as well. This new offer is the highest I’ve seen for American Airlines miles. I think it follows in suit with the trend we are seeing this year of large bonus credit offers from lenders across the boards (See great offer here). As we come out of the recession the banks are trying to get customers back and throwing rewards at them left and right. We are very privileged to live in the U.S. where we have so many rewards everywhere we go and so many choices!
Here are the details:
Citibank is offering 50,000 AAdvantage miles for opening a Citigold Checking account.
WHAT TO DO:
Enter offer code: 42ERCWNQU6
Requirements: Spend $1K on the debit card within 60 days and perform a bill pay within two consecutive months.
Offer Expires: 12/31/2015
Current Offer Code: WD3QFS2Y4C
Offer Expires: 3/31/2016
Note: Offer states that it is only available to Citi AAdvantage credit card members who receive this communication but I do believe you can still get this offer if you are not because I’ve done it myself many a times with Citi checking account offers.
“This offer is available to Citi® / AAdvantage® credit cardmembers who receive this communication. Offers for new consumer checking customers only, 18 years or older. Regular account charges apply. All accounts subject to approval and applicable terms and fees. Limit of one offer per customer and account. Offer may be modified or withdrawn at any time without notice, expires 12/31/15, is not transferable and cannot be combined with any other offer.”
Be sure to print out “Promotion Disclosure” on the left side bar for your records of the promotion requirements and what the offer details are.
ADDITIONAL NOTE: 1099 Issue
Citibank has issues 1099s on accounts with a bonus exceeding $600 in the past years. I am not sure how they will value of handle these AAdvantage miles. In the past I’ve not receive a 1099 for 30,000 AA miles or 30,000 Thank You points. Just an FYI that it could trigger a 1099.
TERMS & CONDITIONS:
Terms and Conditions
This offer is available to Citi® / AAdvantage® credit cardmembers who receive this communication. Offers for new consumer checking customers only, 18 years or older. Regular account charges apply. All accounts subject to approval and applicable terms and fees. Limit of one offer per customer and account. Offer may be modified or withdrawn at any time without notice, expires 12/31/15, is not transferable and cannot be combined with any other offer.
Fiduciary accounts (including Trust or Estate accounts) and business accounts are not eligible.
To qualify to earn American Airlines AAdvantage® bonus miles, open a new Regular Checking account in an eligible consumer account package (The Citigold Account, Citibank Account or Basic Banking Package) by 12/31/15. Then, within 60 days after account opening: the required minimum amount of purchases using the Citibank® Debit Card must be posted to the new checking account AND 1 qualifying bill payment must be posted to the new checking account each month for two consecutive calendar months.
Qualifying bill payments are those made using Citibank® Online, Citi Mobile® or CitiPhone Banking®. Bills paid by making a transfer between linked accounts and/or transfer payments made to accounts within Citibank or to accounts with Citibank affiliates do not qualify as bill payments for this offer.
Qualifying purchases are those made using the Card to buy goods and services and are net of returns and other adjustments. ATM withdrawals, cash back and bill payments do not qualify as Citibank Debit Card purchases. Net qualifying purchases are determined in Citibank’s sole discretion and must post to the new account within 60 days of account opening.
AAdvantage® bonus miles are earned on a per account basis and based upon all debit card purchases by all customers when the new checking account is the primary account linked to a debit card.
**For details on consumer account package requirements and fees, visit www.citi.com/compareaccounts
At the time the AAdvantage® bonus miles are to be credited to your AAdvantage® account, your Citi® / AAdvantage® credit card account and the new consumer Regular Checking account in an eligible consumer account package must all be open and in good standing.
Terms, conditions and fees for accounts, products, programs and services are subject to change.
American Airlines reserves the right to change the AAdvantage® program and its terms and conditions at any time without notice, and to end the AAdvantage® program with six months notice. Any such changes may affect your ability to use the awards or mileage credits that you have accumulated. Unless specified, AAdvantage® miles earned through this promotion/offer do not count toward elite-status qualification or AAdvantage Million MilerSM status. American Airlines is not responsible for products or services offered by other participating companies. For complete details about the AAdvantage® program visit, aa.com/aadvantage.