Update – Citizens Bank is no longer offering the $220 bonus. For all updated checking account bonuses from this institution, visit their checking account center.
Citizens Bank generally cycles in different bonuses for new account holders throughout the year, so if you don’t see one available today, you may want to check back periodically.
Citizens Bank offers four different checking accounts, some of which are a combination of multiple accounts and all of which have the potential of coming with some fairly stiff fees if you don’t meet their monthly requirements. Be sure to read each offer’s terms and conditions carefully or call a representative before opening one online. You can find contact info for Citizens Bank at the bottom of this article.
In general Citizens Bank caters to higher net worth individuals. It has it’s roots in investment banking and still offers quite a great deal of features in that arena. By comparing their checking account offers you can sort of get the idea that their focus lies with this demographic. Their most basic checking account (details below) is accompanied with fees if a certain monthly balance isn’t kept and all of their additional checking account offers are only available in packages with other accounts (such as money market accounts or standard savings accounts).
Citizens Bank Checking Account Offers:
* Compare these offers with our favorite checking account promotions so far this year.
“Green Checking” – This is their most basic checking offer. Watch out for a $10 monthly fee if you don’t either maintain an average monthly balance of $1,500 or make a certain amount of qualifying actions with your ATM card, direct deposits, and/or e-statements. Some of the noteworthy features of this account include free checks, free debit card and online banking. Learn about the offer here.
“Circle Gold Banking Package” – This is when the product bundling kicks in. This account package comes with either a “Circle Gold Money Market” or a “Circle Gold Savings” account. A number of bonus features are available with this account which could potentially make it a lucrative offer if you hold enough old assets with the bank. To be more precise, you’ll need at least $20,000 in cash within any number of the accounts featured in this package or you’ll be dinged a monthly fee of $20. Learn more about this offer here.
“Interest Checking” – Their last option is an interest checking account that also. They divide this into two separate accounts. One for those with more than $20,000 in assets with the bank – also coming with the full host of features – and one for those with a minimum balance of just $2,500. A monthly fee of $20 will be imposed on the first account if the average balance isn’t kept and a monthly fee of just $11 will be imposed on the second one. Get a full rundown of products features, fee’s, terms and conditions here.
- Bonus Offer from Archive -
Here is a very noteworthy checking account promotion form Citizens Bank out of Rhode Island.
From now until March 26th you can earn up to $220 just for opening a new checking account with them. Even if you don’t reside near an actual branch you may still take advantage of this offer by opening it online but you may you want to take a peak at their ATM and branch locations to see what type of access you’d have to the bank.
The checking account bonus is set up in tiers so that you earn a portion of the bonus after completing required steps.
This is how it works…
- Earn $50 after opening the account and setting up a direct deposit of at least $250.
- Earn $25 after the completion of 5 online bill payments.
- Earn $25 after the completion of 5 debit or credit card purchases.
- Earn $120 when you enroll in GreenSense (They will pay you to go paperless…up to $120 per year!)
To open an account visit CitzensBank.com or call 1-877-360-2472