Citi allows BT's to bank account online

I looked didn't see a post on this

You probably don't see posts about this because people are focusing on how to BT when you don't have a Citi card that can transfer directly to checking.

where? i don't see it

oh i see it now. definitely new. is this option available on all cards? what about business cards?

I think this is new. When I did a BT in January, I asked if I could it have it put directly into my account and the rep said checks were the only option.

It is def. new for me...have done many citi bt's in the past and just went online to request a bt and see it for the first time for one of my personal accounts....To be clear, what I see is that you can request money in your own name by 1) having a check sent (old) or 2) directly depositing into your bank account (requests account number and routing)....OP could have added a few more details in his post...

invisible said: Are people getting no-fee or even a capped fee BTs from Citi lately ?

some of their business cards have no fee BT's, dunno about any personal cards

RushnRockt said: bterwilliger said: This option has been around for every Citi card I have had for at least the last two years. It has been mentioned in a couple of tangential threads, but didn't have it's own. Until today.

I haven't had that option in two years that I had numerous Citi cards... Did my last balance transfer 3 months ago.

In 2005 I did a BT to my checking account but I bank with Citi too so not sure if that makes a difference and my Citi credit cards are linked to my Citi checking account for fee waivers too as the card I did a BT from was PPE. I always do my BT over the phone or just deposit a check in to my checking account. So I think the only new thing is maybe Citi is allowing you to deposit in to any checking account any bank online which they might not have allowed before.

ahh...it is linked right with the option to rec. a check mailed to you......go through the process of requesting a BT online and it will become clear (have to click accept through several screens)....edit, the option is on my CitiBiz cards as well...

So odd, I've had the ACH option on all BT offers thru various Citi cards since at least '05. I only assumed it was common knowledge and practice.

WalStMonky said: OK, made me look. I don't see any changes to my BT page. Could someone be so kind as to point to where this option is?

To the best of my knowledge this has never been available from Citi previously. Perhaps bterwilliger has a special 'in'.

Yes, there are boatloads of 0% no fee BTs from Citi. The rumors of their demise has been greatly exaggerated.

I'm glad I read your post because all I knew was that fee for BT on my Premier Pass Elite card had been hiked up to $200. I checked my account again and there it was - a BT offer for 12 months and no fee!
Transfer to bank account didn't work though. I kept getting an error so I opted to receive a check by mail instead.

stardent said: WalStMonky said: OK, made me look. I don't see any changes to my BT page. Could someone be so kind as to point to where this option is?

To the best of my knowledge this has never been available from Citi previously. Perhaps bterwilliger has a special 'in'.

Yes, there are boatloads of 0% no fee BTs from Citi. The rumors of their demise has been greatly exaggerated.

I'm glad I read your post because all I knew was that BT on my Premier Pass Elite card had been hiked up to $200. I checked my account again and there it was - a BT offer for 12 months and no fee!
Transfer to bank account didn't work though. I kept getting an error so I opted to receive a check by mail instead.

as far as i know, it has never worked. it's always been an option online, but that option has never worked.

can anyone here confirm BT'ing to a bank account? not the dumb button online, but actually going through all the way with it

The thread is about being able to electronically transfer the funds vs depositing a check which you have to wait for to arrive and then clear.

Straight from the BT page for one of my citi cards:

Don't pay for a high Purchase APR or an even higher Cash Advance APR...
Select this offer to enjoy a low rate and get a check that can be deposited into your bank account—then use it any way you want!

Please remember, this 0.00% APR is for Balance Transfers only, and does not apply to Purchases or Cash Advances made using your card. We may increase this 0.00% APR if you default under any Card Agreement that you have with us. Payments are allocated to pay off lower APR balances before higher balances. You may transfer any amount, including any balance transfer fees that may apply, as long as the total amount does not exceed your available credit line.

0% until Feb '08 with an uncapped 3% fee (unfortunately)

Weird, on my balance transfer page, I click "check for offers" and it presents me with "deposit money in my checking account" the same as it always has. Maybe they targetted that feature to only some users (since all of my cards have had it)?

I just completed a a BT from CITI Business. The option was there to deposit money into bank account but would not accept either of the two account numbers I entered. Could it be that it somehow knows the accounts are my personal accounts and not business accounts?

I have a new Citi Biz card less than 1 month, can't find this option, my old Citi Personal does have this option

Weird, two days ago I had a no-fee 6.90% BT offer on my Dividend.
Now, after I overpaid the card and I was ready to initiate the BT to checking, the offer is gone.

Did you try to use this option? Mine kept giving me an error message. See Above

well, just tried it but not working. Try ING Saving account, ING orange checking, Chase checking, Local bank (TX), no go at all. May be only work for Citibank account Too bad I have only Citi Saving account, well do not know routing number ))))

I see that there is 0% BT offer to bank account on my drivers edge....it says 6 months 0% from the date of transfer w/o any fee....my doubt is that my purchases intro 0% APR expires in October....will this BT apr be different frm regular purchase Apr?

I doubt no....coz @ the end of month card statement shows total balance on the account which includes BT amt too....can somebody explain me this?

Anyone know if citi allows you to do an ACH balance transfer to a bank account over the PHONE. I have a feeling they would reject it online since I haven't made a payment with the account online.