*This offer is only available to Citi« cardmembers who are the primary credit card account holders. Offer is not valid for existing Citibank checking customers. All accounts are subject to approval. Participation limited to United States ("U.S.") citizens or resident aliens with a valid U.S. taxpayer identification number. Customer is responsible for taxes, if any. Persons under 18 years of age are not eligible. Offer may be modified or withdrawn at any time without notice, is not transferable and cannot be combined with any other offer. Checking account must be funded with $1,000 or more by 12/31/2008 and must be in a Citibank Account, Citibank Everything Counts« or Citigold« account relationship package. Fees may apply to the checking account. Within the first month after account opening, customer must complete at least one direct deposit to, or at least two electronic bill payments from, the checking account each month for three consecutive months to get $100. Electronic bill payments are those you make using Citibank« Online, Citi MobileSM or CitiPhone Banking«, excluding bill payments made to Citibank credit cards and transfer payments made to accounts with Citibank or its affiliates. $100 will be deposited to your Citibank checking account within 120 days from the end of the statement period in which you met the qualifying requirements. Your checking account must be in good standing at the time each bonus payment is deposited. Checking accounts are offered by Citibank, N.A., an affiliate of Citibank (South Dakota), N.A., the bank that issues your credit card.
must be in a Citibank Account, Citibank Everything Counts« or Citigold« account relationship package.
"Citibank Account" has a 6k monthly balance to avoid fees. Fine print on Pricing Packages link says: "Fees for The Citibank Account are also waived if you have a stand-alone Ultimate Savings Account"
Dont know what the Ultimate Savings a/c requirements are but looks like you could get away with not maintaining a substantial balance. Edit: Ultimate Savings a/c says in fine print "No monthly maintenance fee applies when held as a stand-alone account in the Citibank Account relationship package. Other account charges may apply." So it may be possible to avoid maintaining a large balance.
Ultimate Savings Account has: * No minimum balance * No monthly fee (4)
(4) No monthly maintenance fee applies when held as a stand-alone account in the Citibank Account relationship package. Other account charges may apply.
Free if you meet the combined balance. (5)
(5) Fees for The Citibank Account are also waived if you have a stand-alone Ultimate Savings Account.
It appears you must have $6,000 in combined accounts (including Ultimate Savings Account) even though it reads like you can have $1,000 in Checking and only $0.01 in Ultimate Savings. I think it was meant to say:
(5) Fees for The Citibank Account are also waived if you have a stand-alone Ultimate Savings Account (and you keep a combined balance of $6,000).