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I have a post about the new CitiBank Promotion which will give you $200 bonus if you can meet their requirements. Jim Semple made excellent comments on my previous post. The promotion code is CEMX. The promotion can be found at offer.citibank.com.

Today I found a new promotion code: CSVL. This new promotion coed gives you different promotion bonus: 16,000 ThankYou Points and triple thankyou points rewards for every dollar spent on your citi debit card in the first 12 months. The 16,000 ThankYou Points can be redeemed as a $150 gift card at thankyou network. Plus you can also get triple bonus points for your everyday banking activities linked to your checking account. The application  page can be found here.

Fine Print:

How to get 16,000 bonus thankyou points?

To qualify for the 16,000 bonus ThankYou Points offer, you must open a new qualifying regular checking account in the Citibank® Account, Citibank Everything Counts® or Citigold® account relationship package by 7/31/08 and deposit at least $1,000 in account between account opening date and 7/31/08. Accounts opened through Citibank Financial Centers must be funded by 7/31/08. Accounts opened remotely via CitiPhone Banking® or Citibank® Online must be funded by 8/30/08. Within 60 days of account opening, you must (1) enroll your new checking account in ThankYou® Network and (2) complete one direct deposit per month, two electronic bill payments or five signature debit card transactions and continue for three consecutive months.

How to get triple bonus points?

To qualify for the triple ThankYou Points offer, you must open a new qualifying regular checking account in the Citibank® Account, Citibank Everything Counts® or Citigold® account relationship package and enroll account in ThankYou Network. Your points from both qualifying debit card purchases and your checking relationship will be tripled for twelve (12) checking statement cycles commencing with the second full statement cycle after the statement period in which you enroll the new checking account in ThankYou Network. Monthly points for checking relationship require customer to maintain an active checking account with customer initiating minimum of one credit or debit transaction to the account per statement cycle. You can refer to this page to figure out how to use your citibank account to earn thankyou points.

As I pointed out at the beginning of this post, you can read Jim’s comment here to get better understanding of monthly fees. If you use CitiBank a lot and don’t like cash bonus, you can choose this promotion!