MyCardBlog

Citibank is running a new checking account bonus now. We haven’t seen banking bonus from Citibank for a while. The latest mention of banking promotion from Citi Checking Account is back to this May. That promotion was offering $200 checking account bonus.

The promotion code for this bonus is CY72. You can either go to the promotion page or call Citi at 800-374-9500 to open a checking account.

How to get the $100 bonus?

1. Just open a qualifying Citibank regular checking account and fund it with a minimum of $1,000 by 12/31/2008.

2. Within the first month after your account is opened, make at least one direct deposit into your account or make at least two electronic bill payments from your account each month for three consecutive months and get $100 deposited into your new account.

But you ought to look the fine print:

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. 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.

As a feature of the Citi Checking Account, you can get fee-free use at over 21,000 ATMs nationwide, including over 5,700 at 7-ELEVEN stores.

Citibank right now is the fourth largest bank in the United States and takes about 3.5% of market sahre in the United States.