This week’s Free Money [1] Friday is great for anyone looking around for a new checking account! Citi [2] is offering $100 for opening one of their accounts.
How to Get Your $100 Sign Up Bonus
- Sign up [2] for a Citi Checking Account with the Citigold Account Package by 12/31/2012.
- Within 45 days, deposit $1,000 and complete 1 direct deposit & 1 electronic bill payment for 2 consecutive months.
- Get $100 cash reward!
Citibank Terms and Conditions
- Qualifying bill payments are those using Citibank Online, Citi MobileSM or CitiPhone Banking.
- A bill that is paid by making a transfer between linked accounts and/or transfer payments made to accounts within Citibank does not qualify as a bill payment for this offer.
- U.S. citizens only.
More on Citi Offer
Taxes. The value of the cash offer will be reported to the IRS as miscellaneous income in the year received on Form 1099-Misc [3].
Balance Requirements. Be sure to check out the account balance requirements to waive the monthly fees. You can meet the requirements with linked deposits, loans, mortgages, and investment accounts.
$50 Bonus. If you’re not interested in the Citigold account, there is also a $50 bonus [2] for the Citibank account.