Citizens Bank $400 Checking & Savings Bonus ($500 In-Branch)

Citizens Bank is currently offering a nice bonus opportunity for new customers: $300 for opening a checking account and $100 for opening a savings account, for a total of up to $400 online or $500 in branch.

Availability

This offer is only available in the following states:

CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, VT, VA, Washington D.C., MD, and FL

Bonus Details

You can earn $300 when you:

Open your first new personal checking account, and make one direct deposit of $500 or more within 60 days of account opening.

You can earn an additional $100 when you:

Open your first new personal savings account on the same date as your new checking account, and make monthly deposits of $100 or more for three consecutive months, starting either the month the accounts are opened or the month after.

Important: You must use one of the “Bundle It” links on the promotion’s landing page in order to qualify for the bonuses.

Monthly Fee Information

Citizens offers several account options, each with different ways to waive monthly maintenance fees:

One Deposit Checking & One Deposit Savings

Monthly fees are waived when you make one deposit to each account per statement period, or Otherwise, fees apply: $9.99 for Checking $4.99 for Savings Citizens offers additional ways to waive these fees.

Citizens Quest® Checking & Savings

$25 monthly checking fee waived when you either: Make $5,000 in total deposits to your primary checking account per statement period, or Maintain $25,000 in combined deposits and investments Quest Savings has no monthly fee, but is only available with Quest Checking.

Citizens Private Client® Checking & Savings

Requires $200,000 in combined deposits and investments to qualify No monthly maintenance fees

Student Checking & One Deposit Savings

Student Checking has no monthly fee One Deposit Savings $4.99 fee is waived if you’re under age 25

Citizens EverValue Checking® & One Deposit Savings

Checking monthly fee: $5.00 One Deposit Savings $4.99 fee is waived with one deposit per statement period

My Final Thoughts:

Overall, this is a nice bonus opportunity if you’re in an eligible state. There’s also potential to score an extra $100 by applying in branch, making this deal even more attractive.

The main downside is availability—it’s not offered nationwide. But if you’re in an eligible state and can meet the requirements while avoiding monthly fees, this is a solid bank bonus worth considering.

Link to offer: Citizens Bank $400