Citibank Savings Plus accounts are currently offering twice the interest for 3 months when you maintain a minimum balance of $25,000 or more for a total of up to $250 in cash rewards, valid through February 28, 2011.
Just fund your current or new Citibank Savings Plus account with a qualifying deposit of $25,000 or more by February 28, 2011.
You must maintain a minimum balance of $25,000 or more throughout the 3–month period to get a bonus equal to the interest you earned, for up to a total of $250.
Check out this Citibank Savings Plus Account Twice the Interest Promotion to earn a double interest bonus with your Citibank savings account.
Citibank Savings Plus Interest Rates
It’s important to note that the interest rates for the Citibank Savings Plus account are not as competitive as many Online Savings Accounts, so even with the double interest bonus, you won’t earn a high interest rate on your deposited funds.
Citibank Savings Plus Account APYs as of 1/25/2011 in NY branches: 0.20% for a balance under $10,000, 0.30% for a balance of $10,000 to $24,999; 0.45% for a balance of $25,000 to $49,999; and 0.50% for a balance of $50,000 or more.
However, if you already have a Citibank Savings Plus account or you intend to open a Citibank Savings Plus account anyway, then you may wish to take advantage of this promotional bonus offer, if you have the funds available to reach the highest interest rate tier and earn as close to the full $250 bonus as possible.
Citibank Savings Plus Promotional Details
To qualify for the bonus offer, you must make a minimum deposit of $25,000 in money not currently held at Citibank or its affiliates into a new or existing Citibank Savings Plus Account between 1/08/2011 and 2/28/2011.
A checking account in a Citibank EZ Checking, Citibank Account, Everything Counts Account, or Citigold Account package is required.
The bonus will be equal to all of the interest earned on the Citibank Savings Plus Account for the 3 full statement periods after the minimum deposit is made.
For example, if the funding requirement is met on January 16, 2011, and the statement with the Citibank Savings Plus Account ends on January 25, 2011, the bonus will be for interest earned on that account for the next 3 statement periods beginning January 26, 2011.
The bonus will be credited to your Citibank Savings Plus Account within 60 days of the satisfaction of all offer terms.
The checking account and Savings Plus Account must remain open and in good standing until the bonus is credited.
The customer must maintain a minimum balance of $25,000 in the Savings Plus Account throughout the 3–month bonus interest period to qualify for the bonus.
The maximum bonus is $250 for the entire 3–month bonus interest period.
This offer is for personal accounts only.
The value of the bonus will be reported to the IRS as interest in the year received.
There is a limit of 1 offer per customer per account.
Take advantage of this Citibank savings account bonus offer to earn up to $250 in interest rewards when you make a qualifying deposit.
Check out this $100 Citibank Checking Account Bonus as well to earn up to $100 when you open a qualifying Citibank banking package.
You may also be interested in these Citi Credit Card Bonuses for Citibank card promotions that offer cash bonus rewards.
Make a qualifying deposit to your Citibank Savings Plus account today to earn up to $250 in banking bonuses.