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Joe1690
- Senior Member
posted: Mar. 1, 2008 @ 6:40a
Essentially there are either 2 or 3 different promotions out there. In the banking center they are offering 40,000 points for new customers who open a checking with minimum $1000 and a money market plus account with $25,000. For existing customers if you open a new money market plus account with minimum $25,000 you get $20,000. Also, it looks like some people got an offer for 40,000 points with new checking and Ultimate Savings Account (for new customers). What I am trying to figure out is if you need to maintain the $25,000 in the account or not as the wording doesn't seem to indicate which way although one poster claimed CSR said they could withdraw the money. Also, I am trying to figure out how they qualify new money meaning if I have $30,000 with citibank today and withdraw $25,000 tomorrow and then show up about 2 weeks later and open this new account will it be considered new money since the funds are now being drawn from a bank outside citibank. I know with bank of America if you take money out and then add it back a few days or weeks later it is now considered new money. |
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gumkin
- Member
posted: Mar. 1, 2008 @ 7:30a
xxjt said:Another question for anyone who has done this is: I'm pretty sure Citi pulls credit on opening those accounts - which agency do they pull? When I signed up for this deal I got a hard pull on EQ. It might vary by state; I am in GA. |
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cyberkost
- Ancient Member
posted: Mar. 1, 2008 @ 8:06a
Joe1690 said:What I am trying to figure out is if you need to maintain the $25,000 in the account or not as the wording doesn't seem to indicate which way although one poster claimed CSR said they could withdraw the money. Also, I am trying to figure out how they qualify new money meaning if I have $30,000 with citibank today and withdraw $25,000 tomorrow and then show up about 2 weeks later and open this new account will it be considered new money since the funds are now being drawn from a bank outside citibank. I know with bank of America if you take money out and then add it back a few days or weeks later it is now considered new money. 1) T&C do not say anything about keeping $25K in in order to qualify. 2) "New money" means that at the time of the initial funding money should come from a source external to the bank ... which, in particular, may mean that a CITI credit card may not be used for funding purposes. BTW, it would be extremely helpful if those who tried funding with a credit card posted their experiences. |
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xxjt
- Member
posted: Mar. 1, 2008 @ 1:51p
No bank accounts with Citi right now. Several (3) credit cards & utilization is < 50%. |
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LordEcount
- Greedy Member
posted: Mar. 1, 2008 @ 3:53p
Hmm, I need a one-way ticket from NYC to CPH end of august. I currently have Citi mtvu card, ~6000 TY points balance, and an ultimate savings account (was a huge pain to open for that $200 bonus). From what it looks like, is it possible for me to get 40k points on this and combine with existing points to get to the ~52k points I need for that ticket in a reasonable time frame? |
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henrybb
- New Member
posted: Mar. 1, 2008 @ 10:39p
I am in IL. The banker in my local branch told me that I can get 20k bonus points for opening a new money market account even though I am a existing customer. Should I believe her? |
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fattie123
- Member
posted: Mar. 1, 2008 @ 11:49p
henrybb said:I am in IL. The banker in my local branch told me that I can get 20k bonus points for opening a new money market account even though I am a existing customer. Should I believe her? refer to joe1960 above, same at my branch there are also two offers, 20k points offer with for existing customer, and 40k points for new checking account customer, although she said i need to keep the $25k for 3 months |
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kgkg
- Member
posted: Mar. 2, 2008 @ 7:38a
andhravala said:Below is the content of the email i got from citi
Her is info that will be userful to others.
Get 2 round-trip tickets courtesy of Citibank by redeeming 40,000 ThankYou Points
♦ Your choice of airline ♦No blackout dates ♦ Up to a $400 value each ♦Easy to redeem through ThankYou Network Act now - offer ends March 31, 2008.
To apply by phone: call: 1-866-424-5335 and mention code: CYFE.
Dear Ravi Menta,
As a valued Citi Cardmember, you can get 2 round-trip airline tickets to any city in the continental U.S., courtesy of Citibank.
The Citibank Ultimate Savings Account not only rewards you with a great rate, but now it can get you 2 round-trip airline tickets. The tickets can be yours with 40,000 ThankYou Points, redeemable through ThankYou Network, our no-fee rewards program.
How to make it happen: 1.Open a Citibank regular checking account, link it to a new or existing Citibank® Ultimate Savings Account and complete qualifying banking activities.* 2.Deposit $25,000 or more into the Citibank Ultimate Savings Account, fund your checking account with $1,000 and enroll it in ThankYou Network. 3.Get your 2 round-trip tickets (up to a $400 value each) by redeeming your 40,000 ThankYou Points. Act now - offer ends March 31, 2008.
OFFER LINK
Terms and Condtions :-
Can I apply online through this link to get the bonus? There is no citi branch nearby. Or should I apply through phone call? |
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mm04
- Member
posted: Mar. 2, 2008 @ 8:33a
Can I apply online through this link to get the bonus? There is no citi branch nearby. Or should I apply through phone call? The email that was sent to me states this in the fine print. "* This offer is only available to individuals to whom this communication is addressed, and is only available through citibank.com or via CitiPhone Banking®" |
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hguy229
- Thrifty Member
posted: Mar. 3, 2008 @ 9:05a
I have existing checking and saving accounts with Citibank. Does anybody have the copy of a offer which is available to existing Citibank (both checking and saving) customers? If yes, can you please scan and post the link. Or if you can fax or email it to me, that will also work (PM me for my that). I do not have a branch nearby, so can not check it. From my past experience, Citibank has been very stingy about their promotions and I will like to have a copy of the offer before going for it. Thanks for your help. |
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prem1
- Member
posted: Mar. 3, 2008 @ 9:15a
I too have an existing account 1. Can I use this offer with existing accounts? if so, how? 2. Can I open a new account for my spouse (she's a co-signer in the existing account)? 3. I did not receive any promotion email but can I still make use of this offer? Thanks in advance |
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mm04
- Member
posted: Mar. 3, 2008 @ 10:02a
prem1 said:I too have an existing account 1. Can I use this offer with existing accounts? if so, how? 2. Can I open a new account for my spouse (she's a co-signer in the existing account)? 3. I did not receive any promotion email but can I still make use of this offer? Thanks in advance In order to obtain a correct response to your inquiry, why not call Citi at 1-866-424-5335 and mention code: CYFE |
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hguy229
- Thrifty Member
posted: Mar. 3, 2008 @ 10:14a
mm04 said:In order to obtain a correct response to your inquiry, why not call Citi at 1-866-424-5335 and mention code: CYFEI have already done that. Promo CYFE is available only to people who have actually received the email. |
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mm04
- Member
posted: Mar. 3, 2008 @ 10:34a
hguy229 said:mm04 said:In order to obtain a correct response to your inquiry, why not call Citi at 1-866-424-5335 and mention code: CYFEI have already done that. Promo CYFE is available only to people who have actually received the email. Then apparently this particular offer is only available to targeted customers. On February 21st, this offer was initially announced to customers in just a few states (mine was not included). Then last week I received an email with the CYFE code offer, citing my credit card with them. I still would call to see if you qualify. |
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hellyea81
- Senior Member - 2K
posted: Mar. 4, 2008 @ 12:24a
Here's some info that you might find helpful. I live in Illinois. At the branch, they have all sort of advertising material marketing this promotion. I have not gone in but will tomorrow and report back on the existing customers issue as I myself opened a checking & savings account with Citibank last summer when they had the 25k point promotion (very limited roll out, only in Chicagoland area). I wonder if I close my checking account and re-open one, it might work. I will investigate. Lastly, for those wondering about the 25k minimum. When I did it last summer, it was that you had to open certain checking accounts, and those checking accounts had a minimum combined balance clause. Thus, I had to keep 10k in the linked savings account for 4 months to get the points. I'm not sure which specific checking account this promotion requires, as that will dictate how much money you must keep with them until the points are awarded. EDIT: I went in today, banker told me I can do it again. I will go back tomorrow to open a new checking / MMA. I have pictures of the brochure, but how to host on FW? Brochure front Brochure Back |
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hguy229
- Thrifty Member
posted: Mar. 4, 2008 @ 1:58a
hellyea81 said:Here's some info that you might find helpful.
I live in Illinois. At the branch, they have all sort of advertising material marketing this promotion.
I have not gone in but will tomorrow and report back on the existing customers issue as I myself opened a checking & savings account with Citibank last summer when they had the 25k point promotion (very limited roll out, only in Chicagoland area).
I wonder if I close my checking account and re-open one, it might work. I will investigate.
Lastly, for those wondering about the 25k minimum. When I did it last summer, it was that you had to open certain checking accounts, and those checking accounts had a minimum combined balance clause. Thus, I had to keep 10k in the linked savings account for 4 months to get the points. I'm not sure which specific checking account this promotion requires, as that will dictate how much money you must keep with them until the points are awarded.Thanks - please do let us know. As for the 25K deposit, I believe you can withdraw it after depositing. However this promotion probably requires either citibank account, everything counts or citigold package, so one will need at least 6K in combined balance. You can link a citi credit card do help you reach the balance. I have a citi credit card with a BT so that should help. |
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AAlison
- Happy Member
posted: Mar. 4, 2008 @ 8:41a
hguy229 said:...As for the 25K deposit, I believe you can withdraw it after depositing... I opened mine in-branch yesterday. There's an 8-day hold on my 26k in initial deposits. There's also a 14-day period during which I'm not authorized to set up any bill payees or outside bank transfers with the on-line banking! |
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fattie123
- Member
posted: Mar. 4, 2008 @ 12:37p
hguy229 said:
Does anybody have the copy of a offer which is available to existing Citibank (both checking and saving) customers? If yes, can you please scan and post the link. Or if you can fax or email it to me, that will also work (PM me for my that). I do not have a branch nearby, so can not check it.
here are the flyers i picked up in the bank, there is even a big poster on the front window so i doubt it's targeted, i don't know how to do a direct link, so you have to download them hope it helps 20k points
40k points front page 40k points back page |
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hguy229
- Thrifty Member
posted: Mar. 4, 2008 @ 12:53p
fattie123 said:here are the flyers i picked up in the bank, there is even a big poster on the front window so i doubt it's targeted, i don't know how to do a direct link, so you have to download them hope it helpsThank you so much. It really helps and gives us ammunition to fight with Citi if they create issue with the reward. |
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s0ssos
- Senior Member - 1K
posted: Mar. 4, 2008 @ 11:31p
AAlison said:hguy229 said:...As for the 25K deposit, I believe you can withdraw it after depositing...
I opened mine in-branch yesterday. There's an 8-day hold on my 26k in initial deposits. There's also a 14-day period during which I'm not authorized to set up any bill payees or outside bank transfers with the on-line banking! the hold depends on your account. i can probably withdraw same day (well, i guess not same day), but pretty quickly thereafter. i don't think it's a rule with these new accounts. but you might be a new customer. |
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