shan11 said:Thanks glxpass for the info. I successfully funded my checking and Saving with CashReturns credit card (each with $25000). And also funded my wife's checking and saving (each with 25k). Next thing, planning on opening additional accounts.
You're very welcome. My wife and I funded with the CashReturns one USA each, linked to our existing EZ Checking accounts under the 20K TYP promotion, and (not under the promotion) one UMA (Ultimate Money Account) for each of us. We just pulled the trigger on her UMA last night.

kgkg said:glxpass said:shan11 said:Thanks glxpass for the info. I successfully funded my checking and Saving with CashReturns credit card (each with $25000). And also funded my wife's checking and saving (each with 25k). Next thing, planning on opening additional accounts.
You're very welcome. My wife and I funded with the CashReturns one USA each, linked to our existing EZ Checking accounts under the 20K TYP promotion, and (not under the promotion) one UMA (Ultimate Money Account) for each of us. We just pulled the trigger on her UMA last night.

Does openning a UMA trigger a hard inquiry on your credit report?

Last time, I got a hard inquiry when I open the citibank account for the promotion.
No hard credit inquiries for me. I did all phone applications as follows:

1. EZ Checking (MVS4 Promotion). No deposit accounts with Citi, but credit cards with them.

2. USA (20K TYP Promotion and for the Cash Back).

3. UMA (for the Cash Back).

glxpass said:shan11 said:Thanks glxpass for the info. I successfully funded my checking and Saving with CashReturns credit card (each with $25000). And also funded my wife's checking and saving (each with 25k). Next thing, planning on opening additional accounts.
You're very welcome. My wife and I funded with the CashReturns one USA each, linked to our existing EZ Checking accounts under the 20K TYP promotion, and (not under the promotion) one UMA (Ultimate Money Account) for each of us. We just pulled the trigger on her UMA last night.

glxpass: question for you. when you opened the UMA, did you get the option to fund using a credit card?

i opened a UMA after opening the checking / USA combo, and it gave me two options to fund, but no credit card. i am still thinking of sending them the CC funding authorization form, but i wanted to find out your experience.

TIA!

tolamapS said:glxpass said:shan11 said:Thanks glxpass for the info. I successfully funded my checking and Saving with CashReturns credit card (each with $25000). And also funded my wife's checking and saving (each with 25k). Next thing, planning on opening additional accounts.
You're very welcome. My wife and I funded with the CashReturns one USA each, linked to our existing EZ Checking accounts under the 20K TYP promotion, and (not under the promotion) one UMA (Ultimate Money Account) for each of us. We just pulled the trigger on her UMA last night.

glxpass: question for you. when you opened the UMA, did you get the option to fund using a credit card?

i opened a UMA after opening the checking / USA combo, and it gave me two options to fund, but no credit card. i am still thinking of sending them the CC funding authorization form, but i wanted to find out your experience.

TIA!

I have the same question. Please let us know, glxpass!

Thanks for the info glxpass. I never did fund my Day-to-day savings account. I wonder if I can still print out the form and send it in to fund it. Won't hurt to try I guess

Guys for those doing 2 monthly bill pays to satisfy TYP promo requirement make sure you are not counting your bill pays to any of your Citi CC's. Though 2 phone rep's confirmed that bill pays to Citi CC's counts, the fine print for my 40K TYP deal specifically states the opposite. So be careful and YMMV. Be safe and do extra bill pays, send checks to your spouse and your pets (kidding about the pets, unless they happen to have checking accounts )

Glx ok so you opened UMA by phone, asked for CC funding option, gave the CC number and then what? Did you have to wait for the signature card to come in the mail and you signed and faxed it in, subsequent to which they funded the account by charging your CC? If so, how many days did all this take?

If not, is there any option to go to a Citi branch and do the signature card thingy the same day?

TIA!!

glxpass said:Funding isn't instaneous via credit card. The account information, including the funding details gets sent to the "back office", which verifies your identity, gets the account set up, and then finally attempts to fund the account. This could take several days. Since part of the funding process is to link the UMA or USA with your existing checking account -- if you don't have one, then I believe the process will require you to open one -- you can periodically log in to citibank.com and eventually you'll see the account show -- probably with a zero balance.

If all goes well, within a few days later, you'll see the funding amount. My experience has been that I'll see a reduction of available credit on my card within a day or so, but it might take a few days for the charge itself to show up under Unbilled Activity.

You wouldn't have to return a signature card if Citi already has one, e.g. from your linked, previously-existing checking account. If you did have to return a signature card as I did when opening an EZ Checking account with Citi, I had a bad experience going to a branch, filling out signature card there, and having the branch fax it in. The account status people claimed they never received the signature cards. In the meantime, my welcome packet had arrived with a signature page, and a fax number, IIRC.

I faxed the signature card, and Citi had no problems finding it this time.

Glx thanks for the reply! I already have Checking + USA with Citi, so good to know that I don't have to redo the signature card for UMA (I thought every time a new account was opened, a signature card was required, glad my assumption was wrong).

So when I open the UMA I give them my existing Citi checking number and they then automatically link the new UMA to it?

My signature card for Checking + USA was directly faxed and it all went smoothly, so I would not like to use the branch if I can avoid it --> this info is for any new applicants (also as Glx has also stated earlier, do everything by phone, avoid opening anything online with Citi, I had great success with all my Citi accounts opened over the phone)!

newbietx said:Guys for those doing 2 monthly bill pays to satisfy TYP promo requirement make sure you are not counting your bill pays to any of your Citi CC's. Though 2 phone rep's confirmed that bill pays to Citi CC's counts, the fine print for my 40K TYP deal specifically states the opposite. So be careful and YMMV. Be safe and do extra bill pays, send checks to your spouse and your pets (kidding about the pets, unless they happen to have checking accounts )

Thank you for the reminder on this! I actually did make one of my bill payments to my citi card this month. I guess I need to make another payment. They should accept my other payment which was a transfer to my checking account at AAFCU.

kgkg said:I missed the bill pay in May. Would it matter to get the bonus? From the T&C, it does not say it has to be consecutive 3 months.
Sorry, it specifically says 3 consecutive months in the offer link on the first page.

newbietx said:glxpass said:Funding isn't instaneous via credit card. The account information, including the funding details gets sent to the "back office", which verifies your identity, gets the account set up, and then finally attempts to fund the account. This could take several days. Since part of the funding process is to link the UMA or USA with your existing checking account -- if you don't have one, then I believe the process will require you to open one -- you can periodically log in to citibank.com and eventually you'll see the account show -- probably with a zero balance.

If all goes well, within a few days later, you'll see the funding amount. My experience has been that I'll see a reduction of available credit on my card within a day or so, but it might take a few days for the charge itself to show up under Unbilled Activity.

You wouldn't have to return a signature card if Citi already has one, e.g. from your linked, previously-existing checking account. If you did have to return a signature card as I did when opening an EZ Checking account with Citi, I had a bad experience going to a branch, filling out signature card there, and having the branch fax it in. The account status people claimed they never received the signature cards. In the meantime, my welcome packet had arrived with a signature page, and a fax number, IIRC.

I faxed the signature card, and Citi had no problems finding it this time.

Glx thanks for the reply! I already have Checking + USA with Citi, so good to know that I don't have to redo the signature card for UMA (I thought every time a new account was opened, a signature card was required, glad my assumption was wrong).

So when I open the UMA I give them my existing Citi checking number and they then automatically link the new UMA to it?

My signature card for Checking + USA was directly faxed and it all went smoothly, so I would not like to use the branch if I can avoid it --> this info is for any new applicants (also as Glx has also stated earlier, do everything by phone, avoid opening anything online with Citi, I had great success with all my Citi accounts opened over the phone)!
As part of the phone opening process, I've given them my debit card number. Of course, there's already a checking account linked to that debit card, so it's not really that you're linking the USA or UMA to a checking account, but rather to the same debit card.