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I got the same reply. Perhaps I won't close the savings account.

SOMEONE ?
drpepper7 said: [Q]Did someone apply only for the bank account and NO Credit card transfer....i called and they said offer is good only if you do both.
Also i am infact new to NY , so can someone tell me if this is a good bank to stay with in New york.TIA

I called today and did this promo. no problem. $200 dollars FREE. I called 1-866-810-9040. Used the MVR3 promo code. They looked it up and confirmed the bonuses. HOT DEAL!!!!!!thx

I got a welcome package, filled out form and enclosed initial deposit 8 days ago. The account is listed online but it is still blocked and no deposit posted. No calls from citi too. Waiting...

Cash, Money, Records!! Great deal. Got 'er done! Thx

I (my wife) did this promotion last time, when it was $100 at signup and $100 after 1-year. We received the first $100, and we have another 4 months for the second $100.

I remember that the process to set up the account could have been easier (faxing in records, etc.). The first $100 did not post as quickly as we expected. I plan on getting in on this deal for myself.

jonblaze36 said: [Q]Good deal, took less than 20 minutes to set up the account.[Q]
Yup, me too! I've been lurking for a while, and this is my first post, be nice! The CSR stated this was a soft pull, since no credit was being requested. Said that a direct deposit OR 2 billpays will keep the monthly service charge away. Easy 200 clams, thanks OP!! <img src="i/expressions/face-icon-small-cool.gif" border=0>

wangft said: [Q] I will use my PayPal account to send money to the checking account, which is considered as a direct deposit.

So each month if I use Paypal to initiate a push of fund into Citibank EZ checking, it is considered a direct deposit and thus I would qualify for free EZ checking? Can anyone else confirm this too? Thanks!

I just received my citibank welcome pack but no checks yet, and so I can't find where the citibank routing # is. Can anyone help? Thanks! <img src="i/expressions/face-icon-small-smile.gif" border=0>



opened an account over phone...

they did a HARD pull...<img src="i/expressions/face-icon-small-mad.gif" border=0>

xiaoyaolong said: [Q]Yesterday I received my welcome package. It includes a saving account with the EZ checking account. From the online instruction, the saving account needs a minimum balance of 500$ to avoid the service fee. So I called to citi to cancel my saving account just now. The CSR told me that this saving account and checking account are in one package, so if I can use the checking account pay bill twice every month, then both of them has no minimun balance requirement and is free of membership fee.
So I need not cancel the saving account now?
Thanks.

I just got done doing this offer of the phone and she signed me up for the savings account as well and she said it was free to have with the checking account. You just have to maintain a balance of $1500 or make a direct deposit or use the bill pay service twice every month. I probably wont use the savings account much since HSBC has a much higher APY.

What service do you guys use to transfer money from your Citi checking account to another banking account such as a local one? Do you just use PayPal to avoid ACH fees?

dOlaarTys said: [Q]wangft said: [Q] I will use my PayPal account to send money to the checking account, which is considered as a direct deposit.

So each month if I use Paypal to initiate a push of fund into Citibank EZ checking, it is considered a direct deposit and thus I would qualify for free EZ checking? Can anyone else confirm this too? Thanks!

I just received my citibank welcome pack but no checks yet, and so I can't find where the citibank routing # is. Can anyone help? Thanks! <img src="i/expressions/face-icon-small-smile.gif" border=0>

Citibank is on the list of those who count PayPal as a direct deposit so i'm guessing all you have to do is make one deposit a month using PayPal and you wont have to pay any fees.

http://www.fatwallet.com/forums/messageview.php?catid=52&threadid=432086&highlight_key=y&keyword1=ACH

burningrave101 said: [Q] Citibank is on the list of those who count PayPal as a direct deposit so i'm guessing all you have to do is make one deposit a month using PayPal and you wont have to pay any fees.


Thanks burningrave101. <img src="i/expressions/face-icon-small-smile.gif" border=0>

DWooley said: [Q]I got a welcome package, filled out form and enclosed initial deposit 8 days ago. The account is listed online but it is still blocked and no deposit posted. No calls from citi too. Waiting...

Same with mine too. I got the ATM card, PIN and welcome package. According to my welcome package, there should be some deposit in my account, which I initially funded during the opening process. The account is listed online but still no deposit posted. I read from previous threads (example) that it can take a few weeks to a month for the checking account to be fully activated. Looks like our 'nightmare' might have just began. <img src="i/expressions/face-icon-small-frown.gif" border=0>

Are there any ACH fees involved to pull money from a Citi checking account to your savings account at HSBC? Does it cost anything to push the funds back? I believe Citi charges to transfer to another bank but what about when you initiate it through HSBC since they dont charge ACH fees?

The Citi Bank customer service who says that there is no hard credit pull are ignorant of what they are telling you. The CSR I talked told me this:

I: Hi, will CitiBank doa hard credit pull or soft pull, on my credit to open this account.
CSR: No Sir, it shouldn;t affect your credit. We obtain a consumer report that includes your banking and credit history.

I: Sorry but you didn't answer my question. This collecting of consumer report constitutes a hard pull or soft pull?
CSR: Sir, I am not sure what you mean by hard or soft pull.

I: Ok, do you collect information about my credit history? If so, why do you need to do that if I am not taking any loan or credit from Citi Bank but depositing money into your account?
CSR: Sir, that is standard process to open a CitiBank checking account.

I: Ok, can I talk to your supervisor or someone who knows about this more.
CSR: No Sir, there is no one available right now except myself.

I hangup and call equifax and they tell me that mostly these so called consumer reports that collect information about your credit perform a hard pull on your report just like any mortgage lender, etc. As posted earlier by someone, there was a hard credit pull on his account confirming that there is a hard credit pull involved in this process. Ofcourse, the CSR from CitiBank don't know about this. Why do so many banks need to know about a person's credit history just to open a checking account?

I don't think all this trouble + credit pull is worth $200. Maybe for folks who are opening a Citi Credit Card as well they can put it all in same one credit query.

Just called, 5 or 10 mintues of answering questions to open account.
Hard pull? Don't care, just did an AOR couple months ago so credit score low anyway.


Does anyone know if you can apply with this offer online?

Clocks said: [Q]Does anyone know if you can apply with this offer online?

I tried to put the promo code in online and it didn't recognize the code.


Thanks, OP! Just opened the account over the phone.

According to the CSR, Citibank has a promotion right now for a 7-month CD at 4.6% APY - I might just do that to meet the minimum balance for EZ checking so I don't have to bother with direct deposits or online billpays.
Edit: Should've done my homework. That offer's available online for 6 months as well.

I just got back from opening the Checking Account at a B&M Citi branch (Orange County). Took maybe 15-20 minutes total. I asked the girl helping me if she knew if they were still running this promotion but she didn't know about it, and I told her that "I thought the offer code was MVR3, and that I received the ad but forgot to bring it and might have thrown it away." She was able to put in the MVR3 code later and showed me the screen where she did so. I noticed that the Source code field (drop down box to put in the code) said "MVR3/Mover". OP probably got this offer after a recent move? Not sure what "mover" means.

I opened both an EZ Checking Account and a Money Market Account because I found out that you just need to have a combined balance of >1500 and supposedly, transferring funds from linked accounts (i.e. checking to money market) happens the same day. Figured I would keep the money in Money Market and earn that measly 1%, and transfer funds to checking when I need to pay my Citicard (already have a Dividend card). Not bad for $200, plus 75 Thank You points a month. I'll most likely add a small Direct Deposit to bump the Thank You points to 150 a month, seeing as how I will probably keep this account for a while.

Funded the account on the spot. My ATM card and other misc. paperwork will arrive in the next week and I get the first box of checks free. Pretty happy. Great job OP! <img src="i/expressions/face-icon-small-smile.gif" border=0>

Update: nevermind, I assume they aren't aware of the direct deposit / billpay option. [So does this require a balance of over $1500 like the last poster mentioned, or are they wrong?]

In for a couple hundred here.. Simple easy process..
Thanks!

Does anyone know if to satisfy the making two bill pays a month to have the monthly account maintenance fee on the checking account waived can I just send $1 to myself twice? Has anyone done this and it works (to satisfy the requirements for the fee waiver)?

They also told me soft pull on the phone, but it is hard. Showed up right away. Still the two points are worth the $200.

Clocks said: [Q]They also told me soft pull on the phone, but it is hard. Showed up right away. Still the two points are worth the $200.

It is pretty bad. I opened several checking account in the past year, citibank is the only one did the hard pull on my credit file. I agree with Clocks, get the money and close the account. If they ask why, tell them not to hard pull next time.

burningrave101 said: [Q]Are there any ACH fees involved to pull money from a Citi checking account to your savings account at HSBC? Does it cost anything to push the funds back? I believe Citi charges to transfer to another bank but what about when you initiate it through HSBC since they dont charge ACH fees?
Hi burningrave101,
Have you found out the answer to your question?
Anyway, I will be the guinea pig. I just initiated a pull from HSBC to transfer $10 from my Citibank EZ Checking to my HSBC Online Savings today. I will update on whether citibank charges me anything.

Has anybody had any luck linking their Citibank checking account with Microsoft Money 2006? Does Citibank checking work in conjunction with Microsoft Money 2006?

Took me 12 minutes and 50 seconds to sign up over the phone.

shouyi said: [Q]Clocks said: [Q]They also told me soft pull on the phone, but it is hard. Showed up right away. Still the two points are worth the $200.It is pretty bad. I opened several checking account in the past year, citibank is the only one did the hard pull on my credit file. I agree with Clocks, get the money and close the account. If they ask why, tell them not to hard pull next time.I'll do that.

Which CRA did they pull from. Hopefully *NOT* Experian. I could live with a TUC or EQF pull.

How long do you have to wait for the paper works to arrive? I signed up on Feb 5, got phone call next day saying I was approved. Got two more calls asking to sign and return paper works a week later. But I still haven't received anything.

Same thing happens with my new Citi AMEX card. They approved it, reshuffled some credit line from my old card. But the new card is not showing up in the mail.

Does Citi normally do things at so slow pace or should I call them and ask what's going on?

DWooley said: [Q]I got a welcome package, filled out form and enclosed initial deposit 8 days ago. The account is listed online but it is still blocked and no deposit posted. No calls from citi too. Waiting...

Update: It took two weeks after forms were sent in for account to be enabled and initial deposit posted.

Anyone NOT get a hard pull?

Also in the forms you get, etc fo you have to show proof of income? I do not get Paystubs and I am not about to send them my 1040 tax return.

I too called and CSR affirmed as well that it was a soft pull and that it was CItibank policy to pull a soft since this was not for credit.

I wonder if going into a bank and asking the manager to put that in writing about it being a soft pull would help.




Has anyone had success in $1 Paypal payments, direct deposits from HSBC/ING, or online billpays to themselves?

Did Citibank allow immediate funding of the account with a CC? If so, for how much and was it a cash advance?

JonBird said: [Q]Did Citibank allow immediate funding of the account with a CC?

no

thanks OP, signedup over the phone , hope Citi isnt as bad as past experiences

THey also told me it was soft since I "was not applying for credit", but it was hard. They did not offer me the choice to fund via CC. Only send in a check, or ACH transfer.

Clocks said: [Q]THey also told me it was soft since I "was not applying for credit", but it was hard. They did not offer me the choice to fund via CC. Only send in a check, or ACH transfer.did you get an overdraft line of credit? that would cause a hard inquiry,

Not that I was told of.

hmmm, my rep went over the terms of the overdraft line with great detail , asking what size line i wanted, what the rate was, etc. she explained the max line is determned by creditworthiness etc. i declined the line and am hoping that will avoid the hard pull

My rep seemed pretty good, with the exception of the bad info regarding the hard pull. She did say that they usually setup a free savings account in addition to the checking account. I declined and said I don't want it. Maybe she set it up anyway.

I guess no one knows if to satisfy their two bill pays a month to waive account charges if you can just send a $1 to yourself two times a month so I will have to try it myself, but not for three more months as the first three months the account charges are waived automatically.



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