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Our quick take: The Citi Priority checking account offers an exceptional bonus of up to $1,500, though steep deposit requirements apply. But the account comes with mobile and online banking access, and Citi operates more than 65,000 fee-free ATMs nationwide.
Earn a cash bonus of $300, $700 or $1,500 when you maintain a minimum eligible balance and complete required activities. Citi mobile banking features and online bill pay. Access to 65,000-plus fee-free ATMs within the United States. Refer friends and family for more bonus cash. Cons:
High new money deposit required to earn the bonus. Must maintain an average minimum balance of $50,000 across eligible accounts to avoid a $30 monthly service fee. Bonus will be reported to the IRS as interest to the first signer on the account. Best for: People with a high net worth who have a large stash of cash to park somewhere and want to earn a sizable bonus for opening a new checking account, as well as those who want convenient access to fee-free ATMs almost anywhere in the country.
See how to qualify for up to $1,500 in cash bonuses when you open a new Citi Priority checking account.
If you have a significant chunk of cash and you’re looking for a new checking account that pays out a big bonus, the Citi Priority account is worth a look. Right now, through October 4, 2021, you can earn a cash bonus of $300, $700 or $1,500 when you maintain a minimum eligible balance and complete required activities.
The bonus amount is tied to the amount of funds you deposit from a non-Citi account within the first 30 days after opening a new Citi Priority checking account. It breaks down like this:
Your Citi Priority bonus amount will depend on how much new money you deposit and maintain in the account.
Those are high deposit thresholds to meet, but they can be doable for those willing to move their emergency funds over to Citi, as well as people in the process of saving up for a large expense. In particular, the first bonus tier of $300 only requires a new money deposit of $15,000 in the first 20 days.
You must also maintain your balance for at least 60 consecutive calendar days after depositing it in order to earn the bonus. However, the account charges a $30 monthly fee unless you maintain at least $50,000 in eligible linked Citi deposit, retirement and investment accounts beyond the initial offer period, so you’ll need to plan on keeping at least that amount in your accounts for the long term to avoid being charged.
Open a new Citi Priority checking account with a potential $1,500 cash bonus.
The biggest upside that comes with opening a Citi Priority checking account is the up to $1,500 in potential bonus cash. You’ll have to move a significant amount of new money to the account to qualify, yet you can get a return on those funds relatively quickly, at which point you can decide whether to continue on with the account.
Another benefit of the Citi Priority account is its massive network of ATMs, which include 65,000 fee-free ATMs nationwide. For those who still prefer to bank in person, Citi has a significant worldwide footprint, with over 2,600 branches in 19 countries, including almost 700 in the United States. However, while the bank’s ATMs are widespread, its branches are concentrated in just a handful of states.
With 65,000 fee-free ATMs, you’ll have no problems accessing your money from a Citi Priority checking account.
But even if you don’t have a nearby branch, with the Citi Priority account, you also get easy access to Citi’s mobile banking features, including online bill pay. Citi also has a referral program that lets you earn more cash when you refer friends to Citi and they also open a new account.
Finally, Citi Priority comes with some elite travel and banking benefits. For example, account holders get select waived fees on stop payments, incoming wire transfers, money orders and more. Members also enjoy no foreign transaction fees on purchases made with the Citi Priority debit card.
Get access to over 65,000 fee-free ATMs with a new Citi Priority account.
By far, the biggest
Earn up to $1,500 in bonuses with this Citi checking account
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