Rant: I Hate Citi
Citi has been offering promotions for new accounts for some time now. I do NOT recommend these promotions.
$200 for a $5K deposit
$400 for a $15K deposit <— I did this one.
$600 for a $50K deposit
I followed the T&Cs to the letter. Here is what happened:
Account opened and funded
+60 days, bonus earned but not paid
Called Citi, I was told I was not eligible
Eventually they said I was eligible, but I needed to wait 90 more days to get paid
Called back after 150 total days and was told 2 more weeks
Called back and was told I was not eligible
Eventually they paid me
I closed my accounts and withdrew my money, but they didn’t close my accounts
Then they charged me fees for having accounts with no balance
Eventually they waived those fees
This was not worth $400. I have read that may others had similar experiences.