Citi has a new $200 bonus for opening a new checking account. The new promotion code is MVS4. You have to call citi toll-free number 866-810-9043 to open the account and mention the promotion code. Of course, you can apply for a new checking account in branch and ask the banker to enter the promotion code. I can’t find anywhere you can apply for the new account online with this promotion code.

How to get $200?

Open a new checking account with at least $100 (EZ-checking doesn’t qualify)

Set up direct deposit or use 2 bill pays per month for 3 months to get the first $100

Another $100 will be credited to your account within the next 3 months

Must be a new customer without any checking and saving account history with Citi

You can open the account by phone or at a Citi Financial center (please mention the promotion code)

The monthly fee for the Citibank checking will be waived as part of this promotion as long as direct deposit or bill pay usage is maintained.

Offer expires on Feb. 29, 2008

Please note that a hard pull will be appearing on your credit report during the application process. Outgoing external transfers are limited to $2,000 daily and $10,000 monthly. If you don’t keep direct deposit or use bill pay from citi, monthly service fee will be charged.

I have a post about the other $200 promotion at here.