OPENING a checking account with Citi Bank could get you hundreds of dollars thanks to a limited-time offer.
The bank is offering $325 to those who follow certain steps.
Citi Bank is offering hundreds to clients setting up new accountsGettyBanks often offer to give clients money for opening accounts as an incentive.
The goal for the bank is to beat out the competition by bringing in new clients.
Citi’s current offer requires a deposit.
That means the bank could reward you as long as you keep enough money in your account.
EXACT STEPS
First, you need to set up a Citi checking account with enhanced direct deposits.
A variety of deposit methods qualify as enhanced deposits, according to Citi’s website.
Next, you need to put money in the account.
Citi requires total combined deposits of $3,000 or more.
These must be made within 90 days of setting up the account.
To set up a qualifying account, visit the webpage for the reward.
The account must be set up by July 7 to qualify for the payout.
MORE REWARDS
Citi isn’t the only bank offering money for setting up an account.
Some banks are even willing to give out thousands.
However, many can’t qualify for such rewards, as the banks require large sums of money to be held in the accounts.
Chase Bank, for example, offers $3,000 benefits to those enrolling in certain accounts, but you need to have $500,000 to get the full amount.
That offer expires on July 16.
If you have smaller amounts of money, you may qualify for smaller benefits.
Wells Fargo is offering $2,500 as part of a promotion that expires in May.
You’ll need $250,000 for that.
Bank of America clients could get $300 through a few steps.
Americans can also get one-time payments from SoFi.
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