Citi MVR4 $200 promo

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This is very similar to a previous Citi promo posted by pedro0223 here.

I have recently moved, and this is clearly a targetted offer mailed to Citi credit card customers who recently moved. However, the promo code is generic (MVR4), not individualized to me. So other people may (or may not) be able to take advantage of it.

As the thread linked above shows you, Citi has tried to avoid paying the $200 promo to some people who participated. However, the Quick summary of pedro0223's thread seems to indicate that quite a few people got their $200 without having been recipients of the targetted offer. I'm sharing the promo here so that people who want to try can take advantage of it. If it works it's a pretty easy way to make $200.

I don't have a scanner. I'm typing up the offer and terms as follows. Hope it helps. (I'm typing the important lines, leaving out the sappy "feel-good" marketing phrases.)


[Q]
Make your new place feel more like home

Open a Citibank Regular Checking Account and get up to $200

Just open a Citibank Regular Checking Account by 8/31/06 and receive $100. Then link the account to any Citi Credit Card and pay your Citi Cdedit Card bill by simply transferring money from your checking account and receive an additional $100.

...
[lines about Citibank makes life easier for you, 2700 ATMs, 24/7 customer support, ThankYou Network, award-winning Citibank Online, etc etc etc etc etc]
...

Come in today to speak with the manager of your nearby Citibank Financial Center or call 1-866-335-1229 and mention code MVR4. Don't wait - the welcome offer expires 8/31/06.


Additonal info from reverse side:
[Q]
To be eligible for the first $100, you must open a Citibank Regular Checking Account by the offer expiration date, and you will receive $100 credited to your new checking account within 120 days of account opening if your account is in good standing at the time the credit is to be posted to your account. To receive the second $100, you must link your new checking account to your existing Citi Credit Card and pay your Citi Credit Card bill by transferring funds from your new checking account at a Citibank ATM, a Citibank Financial Center, by calling CitiPhone Banking, or by using CitiBank Online. Check payments made to your Citi Credit Card bill do not qualify. The second $100 will be credited to your new checking account within 90 days of paying your Citi Credit Card bill if your new checking account is in good standing at the time the credit is to be posted to your account. All amounts credited to your new checking account will be reported to the IRS as interest earned in the year credited. One offer per customer. Offer not valid for existing Citibank checking customers. Offer is made to US residents 18 years or older only. Offer may be modified or withdrawn at any time without notice. Offer is not transferable and cannot be combined with any other offer.

[Copyright 2006 Citibank, Citibank NA, Citibank FSB, Citibank Texas NA, Member FDIC. ... etc etc]


Edit: Okay, I got it scanned for you guys... hope it helps...

here's the front side

and here's the back side

Good luck everybody ! <img src="i/expressions/face-icon-small-smile.gif" border=0>

Member Summary
Most Recent Posts
Economist said: <blockquote><hr>Took about 6 months to get the MVR3 promo credit, done through multiple emails. First th... (more)

brokeinnyc (Feb. 13, 2007 @ 5:24p) |

Yes, there is a difference.<br><br>The MVR4 promo states, "One offer per customer. Offer not valid for existing Citiban... (more)

FatFreddie (Feb. 14, 2007 @ 8:50a) |

Finally got my $200 today. <img src="i/expressions/face-icon-small-smile.gif" border=0> I had 2 Citi "investigations" th... (more)

FatFreddie (Mar. 06, 2007 @ 2:46p) |

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

I actually used this code back in May. I received my $200 in just a little over 2 months without having to nag citi about it.

Does Anybody have a scan of this offer? The OT mentions that he/she does not have a scanner, but if some talking with city is neccesary down the line it would be helpful to have the offer letter....

Reading over the Citi website and it seems like their "Regular Account" has monthly fees if you do not keep a balance of $6000
https://web.da-us.citibank.com/cgi-bin/citifi/scripts/prod_and_service/prod_serv_detail.jsp?BS_Id=ChkCBA&BV_UseBVCookie=yes
Their terms for specifying a "balance" are reather loose though since it can be in your other accounts and credit cards

I think we need the scanned flyer in case we need to fight. But green for you!

aoLhaTer said: [Q]Reading over the Citi website and it seems like their "Regular Account" has monthly fees if you do not keep a balance of $6000
https://web.da-us.citibank.com/cgi-bin/citifi/scripts/prod_and_service/prod_serv_detail.jsp?BS_Id=ChkCBA&BV_UseBVCookie=yes
Their terms for specifying a "balance" are reather loose though since it can be in your other accounts and credit cards

I have a student loan consolidated with Citibank over $6000. Does this count toward the balance requirement?

DeMarcus said: [Q]aoLhaTer said: [Q]Reading over the Citi website and it seems like their "Regular Account" has monthly fees if you do not keep a balance of $6000
https://web.da-us.citibank.com/cgi-bin/citifi/scripts/prod_and_service/prod_serv_detail.jsp?BS_Id=ChkCBA&BV_UseBVCookie=yes
Their terms for specifying a "balance" are reather loose though since it can be in your other accounts and credit cards

I have a student loan consolidated with Citibank over $6000. Does this count toward the balance requirement?

No. However, if this offer is the same as MVR3 (and it seems to be), a "regular checking account" includes the EZ Checking, which has no fees with 1) $1500 checking, savings, CD combined balance; 2) one DD per month (including paypal, ED, ING, HSBC, etc.); or 3) two online billpays per month (including paying $1 to either yourself or a close friend/relative/spouse).

My question is if I have a Citi card with a credit limit above 6k, does this qualify me for no fees?
I didn't quite understand their terms about linking credit cards

i have a citi card but no bank accounts so i would probably be considered a new customer. will this code work for me?

and in order to avoid the fees, i can just transfer a small amount of money from my hsbcdirect into my ezchecking right?

thanks in advance.

JeebusSaves said: [Q]DeMarcus said: [Q]aoLhaTer said: [Q]Reading over the Citi website and it seems like their "Regular Account" has monthly fees if you do not keep a balance of $6000
https://web.da-us.citibank.com/cgi-bin/citifi/scripts/prod_and_service/prod_serv_detail.jsp?BS_Id=ChkCBA&BV_UseBVCookie=yes
Their terms for specifying a "balance" are reather loose though since it can be in your other accounts and credit cards

I have a student loan consolidated with Citibank over $6000. Does this count toward the balance requirement?

No. However, if this offer is the same as MVR3 (and it seems to be), a "regular checking account" includes the EZ Checking, which has no fees with 1) $1500 checking, savings, CD combined balance; 2) one DD per month (including paypal, ED, ING, HSBC, etc.); or 3) two online billpays per month (including paying $1 to either yourself or a close friend/relative/spouse).

You are absolutely right. But let me add some more clarifications.

Regular Checking simply means it pays no interest. As opposed to Interest Checking.

The Regular Checking can be part of EZ Checking package, Citibank Account package, Citigold package, etc.
[somebody in Citi has a lot of spare time to come up with all these complicated structures that are much simpler at other banks...]

Depending on package you choose you get different features, fees and restrictions.

I'd recommend going for EZ Checking package containing Regular Checking. Then open s-Savings online and keep your $1500 in the e-savings account statement-linked to your EZ Checking account.

If you want to have a lot of banking products with Citi anyway and want Thank You points for banking, look at this thread

Anakin

anakinskywalker said: [Q]JeebusSaves said: [Q]DeMarcus said: [Q]aoLhaTer said: [Q]Reading over the Citi website and it seems like their "Regular Account" has monthly fees if you do not keep a balance of $6000
https://web.da-us.citibank.com/cgi-bin/citifi/scripts/prod_and_service/prod_serv_detail.jsp?BS_Id=ChkCBA&BV_UseBVCookie=yes
Their terms for specifying a "balance" are reather loose though since it can be in your other accounts and credit cards

I have a student loan consolidated with Citibank over $6000. Does this count toward the balance requirement?

No. However, if this offer is the same as MVR3 (and it seems to be), a "regular checking account" includes the EZ Checking, which has no fees with 1) $1500 checking, savings, CD combined balance; 2) one DD per month (including paypal, ED, ING, HSBC, etc.); or 3) two online billpays per month (including paying $1 to either yourself or a close friend/relative/spouse).

You are absolutely right. But let me add some more clarifications.

Regular Checking simply means it pays no interest. As opposed to Interest Checking.

The Regular Checking can be part of EZ Checking package, Citibank Account package, Citigold package, etc.
[somebody in Citi has a lot of spare time to come up with all these complicated structures that are much simpler at other banks...]

Depending on package you choose you get different features, fees and restrictions.

I'd recommend going for EZ Checking package containing Regular Checking. Then open s-Savings online and keep your $1500 in the e-savings account statement-linked to your EZ Checking account.

If you want to have a lot of banking products with Citi anyway and want Thank You points for banking, look at this thread

Anakin

This thread has good advice on how to make Citibank's bank accounts fee-free while maximizing your Thank You point rewards.

Thanks OP

I would just like to go on record and express my disapointment at missing the fairly quick-to-qualify MVR3 and MVR4 promos, and instead getting stuck with the MGSF promo, where getting the second $100 requires doing bill payments for a whole six months. Pity me, FW Finance forum, pity me.

Anakin, did the promo come in the mail, or a USPS address change kit, or what?

markkundinger said: [Q]I would just like to go on record and express my disapointment at missing the fairly quick-to-qualify MVR3 and MVR4 promos, and instead getting stuck with the MGSF promo, where getting the second $100 requires doing bill payments for a whole six months. Pity me, FW Finance forum, pity me.

Anakin, did the promo come in the mail, or a USPS address change kit, or what?

It came in the mail. It looks exactly like the one that pedro0223 has scanned on his thread (linked in OP). I'm very sorry I don't have a scanner; can somebody else who got the same promo please scan it ?

Anakin

tried to open a checking acc. Said invalid code

MVR4 Expires July 31. I have had my account open for exactly 2 months, still no bonus yet. However, it does say up to 120 days for $100 and up to 90 days for the second $100. Every banker I spoke to at Citi said I definately qualify, so its just a waiting game (their exact words). So I am just waiting. <img src="i/expressions/face-icon-small-happy.gif" border=0>

JohnYeWest said: [Q]MVR4 Expires July 31. I have had my account open for exactly 2 months, still no bonus yet. However, it does say up to 120 days for $100 and up to 90 days for the second $100. Every banker I spoke to at Citi said I definately qualify, so its just a waiting game (their exact words). So I am just waiting. <img src="i/expressions/face-icon-small-happy.gif" border=0>

so the offer is totally expired?

drdavidge said: [Q]JohnYeWest said: [Q]MVR4 Expires July 31. I have had my account open for exactly 2 months, still no bonus yet. However, it does say up to 120 days for $100 and up to 90 days for the second $100. Every banker I spoke to at Citi said I definately qualify, so its just a waiting game (their exact words). So I am just waiting. <img src="i/expressions/face-icon-small-happy.gif" border=0>

so the offer is totally expired?

I have the letter that came by email that clearly says it expires on 8/31/06 and asks to apply with code MVR4.

Anakin

anakinskywalker said:
[Q]I have the letter that came by email that clearly says it expires on 8/31/06 and asks to apply with code MVR4.

Anakin

do you have a digital camera? maybe you can try to post it up here by taking a picture of the mailer.

i think this offer is definitely worth doing if it actually works.

searched google with key words, "mvr4 citi". got 2 hits. one is OP's. the other said expires 7/31/06.
It seems that citi extends the offer.


drdavidge said: [Q]anakinskywalker said:
[Q]I have the letter that came by email that clearly says it expires on 8/31/06 and asks to apply with code MVR4.

Anakin

do you have a digital camera? maybe you can try to post it up here by taking a picture of the mailer.

i think this offer is definitely worth doing if it actually works.

okay, I got it scanned for you guys....here's the front side:
front side

and here's the back side:
back side

hope it helps...

Anakin

Edit: fixed link... will also add the link to the OP.

drdavidge said: [Q]anakinskywalker said:
[Q]I have the letter that came by email that clearly says it expires on 8/31/06 and asks to apply with code MVR4.

Anakin

do you have a digital camera? maybe you can try to post it up here by taking a picture of the mailer.

i think this offer is definitely worth doing if it actually works.

thanks for the digital camera idea... it is a nice idea... problem is that the picture comes out to be very hazy... (the printing is in small print and it becomes very very difficult to read; practically impossible to read)

so i just got it scanned instead...

Anakin

anakinskywalker, did you try to use the code?
Please report back as I could not get it to work online.
Thanks!

mak16 said: [Q]I could not get it to work online.
Thanks!
You must call them.

Has anyone successfully got this deal working? I am thinking of opening one up.

I tryed this offer twice with the old code, it's amazing how much paperwork Citi bank requires & the questions they ask when signing up over the phone. Still never got the account opened.

I signed up over the phone two days ago. No problem at all..

LyghtFunky1 said: [Q]I tryed this offer twice with the old code, it's amazing how much paperwork Citi bank requires & the questions they ask when signing up over the phone. Still never got the account opened.

Most banks require a lot of info + signature card when you open a checking account these days. Good old Patrioit act. If you can, fax your info. They have a habbit of sitting on mail-in's for a while.

That is so true. I switched banks last year for the first time since 1999. I was so surprised when the guy asked me for my SSN on my non-interest bearing checking account. Why do you care? I'm not being taxed on this.

Anyway, I'm about to switch to Citi [apparently to control almost all of my money], and really hope to cash in on this. But setting up by phone seems like a hassle.

Should I go to a branch and try to give them this code verbally?

One thing to note: it says that in the scan, that the $200 is counted as interest and will be taxable. Not a big difference, but I don't thing it's the same as getting the flight voucher.

Unlike other Citi sign-up deals, this code doesn't seem to limit first-time account opener. I had Citi account about 4-5years ago.
I am wondering if I can get the bonus with this promo.

Also, is there any other bonus to open up Citi e-savings account (for higher APY)? Does this account require any minimum balance (otherwire, charge maintenance fee)?

khan said: [Q]Unlike other Citi sign-up deals, this code doesn't seem to limit first-time account opener. I had Citi account about 4-5years ago.
I am wondering if I can get the bonus with this promo.

Also, is there any other bonus to open up Citi e-savings account (for higher APY)? Does this account require any minimum balance (otherwire, charge maintenance fee)?

============================================================================================
This offer is certainly open to existing customers. People having credit cards would be eligible for the second $100.

I spoke to a CSR yesterday and was told that all the people "other than US citizens" should go to the banking center to open the account as they need to verify the documents before opening.

Whether the E-savings account needs a minimum balance definitely depends on the state u live in. Most of the states do not need!!

Thanks op from thanksop!!

!!!!Edit!!!!: Please note that non-US citizens could open by phone too. Yesterday one lady had filled most part of the application and finally said that as I am not a permanent resident, she cannot complete the app by phone. But today I called again and the Rep is able to complete my application. So guys, even non-premanent residents can open by phone.

thanksop said: [Q]I spoke to a CSR yesterday and was told that all the people "other than US citizens" should go to the banking center to open the account as they need to verify the documents before opening.

Thanks for your info.
What documents do they need to verify other than regulars (like Drivers LC, SSN, letter(s) for address verification)? Birth certificate...?

If I am not a US citizen (green card holder), do I need to apply only over the phone? Also, what documents do I need to fax (or mail) them for verfication?

If there's hassle to send (fax) documents to them, I prefer to go to a branch to open an account with this promotion, assuming they don't require any unusual documents. But, I also need to verify the aviailability of promotion. Would the above scan pages okay for this purpose?

khan said: [Q]thanksop said: [Q]I spoke to a CSR yesterday and was told that all the people "other than US citizens" should go to the banking center to open the account as they need to verify the documents before opening.

Thanks for your info.
What documents do they need to verify other than regulars (like Drivers LC, SSN, letter(s) for address verification)? Birth certificate...?

If I am not a US citizen (green card holder), do I need to apply only over the phone? Also, what documents do I need to fax (or mail) them for verfication?

If there's hassle to send (fax) documents to them, I prefer to go to a branch to open an account with this promotion, assuming they don't require any unusual documents. But, I also need to verify the aviailability of promotion. Would the above scan pages okay for this purpose?

======================================================

Please read my edit in my post.
Thanks

I missed the boat on this promotion (I hadn't yet discovered FW) when I opened my CitiBank EZ-Checking and e-Savings accounts a couple of months ago. Has anyone had any luck trying to get it retrroactively applied, even if you didn't use the code at sign up (or signed up online, like I did, where I don't think there's an option to enter a promotion code)?

I called the CSR and they said it has to be done at time of account opening, and there's no possible way for it to be added after the account is open (he suggested closing it and re-opening, which seems silly). Since CitiBank's CSRs are notorious for spreading misinformation, has anyone had any success with this? Thanks in advance.

I opened an EZ-checking account and closed it later. Am I qualified for this offer?

What about opening a "Regular Checking" account with no minimum deposit or anything? I must have overlooked something since no one else has mentioned it (or have they?) I went to the website, but I can't find a place where I can put the promo code in. TIA

mak16 said: [Q]anakinskywalker, did you try to use the code?
Please report back as I could not get it to work online.
Thanks!

Yes, I went to a Citi Financial Center and used the code. They told me I'll get the $200 in 90 days and 120 days as the promo says.

Anakin

vwbugman69 said: [Q]mak16 said: [Q]I could not get it to work online.
Thanks!
You must call them.

Yes, this will not work online... as the promo says you must call the number given on the promo or walk into a Citi Financial Center...

Anakin

khan said: [Q]thanksop said: [Q]I spoke to a CSR yesterday and was told that all the people "other than US citizens" should go to the banking center to open the account as they need to verify the documents before opening.

Thanks for your info.
What documents do they need to verify other than regulars (like Drivers LC, SSN, letter(s) for address verification)? Birth certificate...?

If I am not a US citizen (green card holder), do I need to apply only over the phone? Also, what documents do I need to fax (or mail) them for verfication?

If there's hassle to send (fax) documents to them, I prefer to go to a branch to open an account with this promotion, assuming they don't require any unusual documents. But, I also need to verify the aviailability of promotion. Would the above scan pages okay for this purpose?

The promo was mailed to Citi customers who moved recently. If you show them a print-out of the scanned promo they may say it was a targetted promo that wasn't sent to you.

It may be better to simply tell them the MVR4 promo code when you walk in, but not show them the printout of the scan. Then you can simply say you got the promo but left it at home (which is not a lie because you're not specifically saying you got the promo IN YOUR MAIL).

I went to Citi Financial Center with DL; they did not ask for any other documents. I am not an US citizen.

Anakin

Skipping 95 Messages...
Finally got my $200 today. <img src="i/expressions/face-icon-small-smile.gif" border=0> I had 2 Citi "investigations" that ended with them denying my bonus, so I filed with BBB and the Office of the Comptoller of the Currency. Not sure what got them to relent, but my guess it was the OCC complaint.

Comptroller of the Currency Complaint Form




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