Citibank's Ultimate savings is back with the $100 opening bonus promo till Aug 31st. It went down to $50 for a while. No minimum balance. 4.75% apy.

http://direct.citibank.com/cbol/07/usa/thi...694783017519096

PROMOTION DISCLOSURE

Promotion Code: CSLN

When you applied for your Ultimate Savings Account, you identified the special offer code of CSLN to receive a $100 bonus. Below are the terms and conditions that you must meet in order to obtain the benefits of this special offer.

Terms and Conditions:

• To receive this offer you must apply for and open a new Ultimate Savings Account by 08/31/2007. $100 will be credited to your Ultimate Savings Account within 90 days following your first statement cycle. Account must be in good standing at the time of the $100 credit.

• All accounts are subject to approval. Customer must be a citizen or resident alien of the United States (U.S.) with a valid U.S. taxpayer identification number. The amount of any bonus payment will be reported to the IRS as interest earned in the year credited. Persons under 18 years of age are not eligible. Offer may be modified or withdrawn at any time without notice and is not transferable.

Thanks! Do you know what the minimum initial deposit and recurring balance must be?

Pretty sure you can open it with like $5... not sure about an min bal/fee reqs.

...oh, also - they do a hard pull when you open it.

So do you need to open an additional account(checking) to receive the $100 bonus?

Notice the "†" symbol next to the "No Monthly Fees†" condition.

Down at the bottom it says:


Those "relationship packages" probably all have minimum balances. EZ Checking, I believe, requries a $1,500 minimum balance to avoid any monthly fees.

Diggler

P.S. This thread should be moved to the B$ Travel & Finance Forum.

*EDIT* Looks like ebytes beat me by a minute about the "gotcha."

Thank u so much for this deal.

Also:

Persons who currently have or at any time have had a deposit account at Citibank (or any of its predecessor banks) are not eligible.


this condition also applies if you have closed an account and u dont have any current open accounts with them.

...does seem a lot more 'slimy' that the mostly striaghtforward hsbc, netbank, etc deals.

Doesn't that just apply to the No Monthly Fees? That is where the footnote symbol leads. The $100 footnote doesn't appear to have this term.

"No monthly maintenance fees apply when held as a stand-alone account in a Citibank Account relationship package."

BTW - Offer still good as of Sept. 23, 2007